Corundum Market - Forecast(2024 - 2030)

Report Code: CMR 68649 Report Format: PDF + Excel

Overview

Corundum Market size is forecast to reach the market size of $33.8 billion by 2025, after growing at a CAGR of 6.6% during 2020-2025. Corundum is a mineral class, best known for the varieties of gems such as ruby and sapphire, which are essentially the same mineral, though of different colors. Corundum is a mineral that is hard and very stable. Since diamond it is the hardest stone, making it the second hardest mineral in the world for all practical purposes. Corundum is a crystalline form of aluminium oxide (Al 2O 3) typically containing traces of iron, titanium, vanadium and chromium.

Report Coverage

The report: “Corundum Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Corundum Industry.


Key Takeaways

·         Corundum is usually promoted into the unknown, promoting wisdom, and wise choices. It is also believed to subdue emotional tumult by releasing anger, relieving tension in a positive manner, and also reduce the presence of mechanical thoughts. The benefits provided by corundum in people day to day life is also a key factor for its market growth.

By Variety Type and Application - Segment Analysis

Owning to their hardness, toughness, and chemical stability, natural corundum are also used in a wide variety of industrial applications. It is used primarily as an abrasive for optical glass grinding and metal polishing. In addition, corundum is transformed into sandpaper and wheels for grinding. Corundum has several applications in its varied forms, for instance, ruby is widely used in jewelry, and sapphire is used in LEDs and refractory substances. In addition, corundum is used in toothpaste preparation as its abrasive properties help maintain clean and white teeth. Corundum is now being processed artificially using calcined bauxite to satisfy the growing demand for corundum market.

 

Geography - Segment Analysis

APAC leads the consumption and production-driven Corundum industry in 2019. The main corundum producers are India, Indonesia, China, Japan, Germany and other parts of Eastern Europe. As for North America, due to the scarcity of natural corundum in its area, demand for artificial corundum is high. Corundum is mined in Sri Lanka, India, Myanmar, Afghanistan, Vietnam, and Thailand in the Asia-Pacific region. The miners in this field are supplying some of the finest jewelry supplies. In addition, corundum is India's major export to China of inorganic chemicals.

Drivers – Corundum Market

·         Increasing Demand of Corundum in Electronic Industry Boosts Growth in Market.

Owning to its durability and scratch resistant properties, corundum is widely used scratch resistant windows for electronic instruments, wafers for circuit boards, and so on. In addition, ?-alumina is one of the most widely used substrates for thin metal, semiconductor and insulator film growth, both for basic and microelectronic research. Usage of corundum is getting rapid in the field of electronics, and the growing applications in of corundum in electronic devices is driving the market growth.

Market Landscape

Product portfolios range, technological advancement, acquisitions and R&D activities are key strategies adopted by players in the Corundum market. In 2019, the market of Corundum has been consolidated by the top five players accounting for xx% of the market share. Corundum Market top 10 companies are Alteo Alumina Riken Corundum Co. Ltd., Swarovski Gemstones, Henge Group, and K.A. Refractories Co. Ltd., Zhongtian Special Alumina Co., Ltd, Retek LTD, Xinyang Jinbo Abrasives Co., Ltd., and Rock & Gem company Ltd., among others.
1. Corundum Market - Overview
        1.1 Definitions and Scope
2. Corundum Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Corundum Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Corundum Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Corundum Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Corundum Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Corundum Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Corundum Market - By Variety Type (Market Size -$Million / $Billion)
8.1 Emery
        8.2 Ruby
        8.3 Sapphire
9. Corundum Market - By End-User Industry (Market Size -$Million / $Billion)
        9.1 Jewellery
        9.2 Abrasive
        9.3 Refractory
        9.4 Mineral
        9.5 Electrical and Electronics
        9.6 Others
10. Corundum - By Application Type (Market Size -$Million / $Billion)
11. Corundum- By Geography (Market Size -$Million / $Billion)
        11.1 Corundum Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Corundum- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Corundum- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Corundum - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Corundum - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Corundum Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Corundum Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at a global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Corundum Market - Key Company List by Country Premium
15. Corundum Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Alteo Alumina
        15.3 Arotek Gmbh Co Kg
        15.4 Bernd Kunze Gmbh
        15.5 Ceram Intertrade
        15.6 Changzhou Sunai Metallurgical Refractory Co Ltd
        15.7 Corundum Co Ltd
        15.8 Ek-Company Gmbh Co Kg
        15.9 Gemfields
        15.10 Guangxi Wuzhou City Yihe Jewelry Co Ltd
        15.11 Henan Sicheng Co Ltd
        15.12 Henge Group
        15.13 Hk Fengqi Jewelry Co Ltd
        15.14 K.A. Refractory Co Ltd
        15.15 Ld International Abrasive Limited
        15.16 Mineralmuhle Leun, Rau Gmbh Co Kg
        15.17 Riken Corundum Co Ltd
        15.18 Rsa Le Rubis Sa
        15.19 Rubicon Technology
        15.20 Rusal
        15.21 Shenyang Hongyang Fine Ceramic Co Ltd
        15.22 Star Gem Co Ltd
        15.23 Swarovski Gemstones
        15.24 Wuzhou Yisheng Jewelry Co Ltd
        15.25 Xiamen Xinbailong Instrument Co Ltd
        15.26 Xingyang Jinbo Abrasive Co Ltd
        15.27 Yancheng Jiuheng Industry Trade Co Ltd
        15.28 Yixing Haiyu Refractory Material Co Ltd
        15.29 Zhengzhou Sunrise Technology Co Ltd
        15.30 Company 29
        15.31 Company 30 & More
*Financials would be provided on a best efforts basis for private companies
16. Corundum Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Corundum Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends