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PUBLISHER: Grand View Research | PRODUCT CODE: 1632671

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PUBLISHER: Grand View Research | PRODUCT CODE: 1632671

Corundum Market Size, Share & Trends Analysis Report By Application (Jewelry, Abrasive, Refractory), By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2025 - 2030

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Description

Table of Contents

List of Tables

Corundum Market Growth & Trends:

The global corundum market size is estimated to reach USD 8.47 billion by 2030 registering a CAGR of 5.1% from 2025 to 2030, according to a new report by Grand View Research, Inc. The rising popularity of ruby based jewelry is projected to aid market growth over the forecast period. Corundum is a naturally occurring mineral, which is mostly found in rocks with higher percentages of alkalis and alumina. The vivid color combination exhibited by the product in the form of ruby and sapphire is due to the elemental substitution.

The presence of Fe and Ti within the crystal structure of the product provides the sapphire with blue color. Similarly, the presence of chromium provides the ruby with red color. These aforementioned colored gems are widely popular in the retail segment of the U.S. jewelry industry, which valued at around USD 83.4 billion in 2016. Although, due to the various level of processing stages involved within the value chain of colored gems, the retail price of the product is highly marginalized. The growth of the U.S. jewelry industry is directly related to the nation's economic macro indicators, which are likely to observe a declining trajectory in FY 2020 due to the emergence of coronavirus.

With the global pandemic and lockdown on industrial activities, the product demand in FY 2020 is likely to observe stagnant growth. The product demand observed a significant decline in the first quarter of the FY 2020 as the key application segments, such as jewelry, ceramics, and refractory industries, had a disruption in their operational activities. Key companies in the market are formulating strategies to adopt sustainable mining practices and reduce Greenhouse Gas (GHG) emissions.

Corundum Market Report Highlights:

  • The jewelry application segment dominated the market and accounted for the largest revenue share of 53.7% in 2024.
  • The abrasives segment is expected to grow at a CAGR of 5.4% over the forecast period, owing to its superior hardness, making it an ideal material for various industrial uses.
  • Europe corundum market dominated the global market and accounted for the largest revenue share of 33.6% in 2024, driven by the increasing industrial demand for abrasives and refractory materials.
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Product Code: GVR-4-68038-915-9

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Sources & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Insights
  • 2.2. Segmental Outlook
  • 2.3. Competitive Outlook

Chapter 3. Corundum Market Variables, Trends & Scope

  • 3.1. Global Corundum Market Outlook
  • 3.2. Industry Value Chain Analysis
  • 3.3. Average Price Trend Analysis
  • 3.4. Supply-Demand Gap Analysis, 2024
  • 3.5. Regulatory Framework
    • 3.5.1. Policies and Incentive Plans
    • 3.5.2. Standards and Compliances
    • 3.5.3. Regulatory Impact Analysis
  • 3.6. Market Dynamics
    • 3.6.1. Market Driver Analysis
    • 3.6.2. Market Restraint Analysis
    • 3.6.3. Industry Challenges
  • 3.7. Porter's Five Forces Analysis
    • 3.7.1. Supplier Power
    • 3.7.2. Buyer Power
    • 3.7.3. Substitution Threat
    • 3.7.4. Threat From New Entrant
    • 3.7.5. Competitive Rivalry
  • 3.8. PESTEL Analysis
    • 3.8.1. Political Landscape
    • 3.8.2. Economic Landscape
    • 3.8.3. Social Landscape
    • 3.8.4. Technological Landscape
    • 3.8.5. Environmental Landscape
    • 3.8.6. Legal Landscape

Chapter 4. Corundum Market: Application Outlook Estimates & Forecasts

  • 4.1. Corundum Market: Application Movement Analysis, 2024 & 2030
    • 4.1.1. Jewelry
      • 4.1.1.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 4.1.2. Abrasives
      • 4.1.2.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 4.1.3. Refractories
      • 4.1.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 4.1.4. Others
      • 4.1.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)

Chapter 5. Corundum Market Regional Outlook Estimates & Forecasts

  • 5.1. Regional Snapshot
  • 5.2. Corundum Market: Regional Movement Analysis, 2024 & 2030
  • 5.3. North America
    • 5.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 5.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.3.3. U.S.
      • 5.3.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.3.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.3.4. Canada
      • 5.3.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.3.4.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.3.5. Mexico
      • 5.3.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.3.5.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
  • 5.4. Europe
    • 5.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 5.4.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.4.3. Germany
      • 5.4.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.4.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.4.4. France
      • 5.4.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.4.4.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.4.5. UK
      • 5.4.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.4.5.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
  • 5.5. Asia Pacific
    • 5.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 5.5.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.5.3. China
      • 5.5.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.5.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.5.4. India
      • 5.5.4.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.5.4.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.5.5. Japan
      • 5.5.5.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.5.5.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
  • 5.6. Latin America
    • 5.6.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 5.6.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
    • 5.6.3. Brazil
      • 5.6.3.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
      • 5.6.3.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
  • 5.7. Middle East & Africa
    • 5.7.1. Market Estimates and Forecast, 2018 - 2030 (USD Million)
    • 5.7.2. Market Estimates and Forecast, By Application, 2018 - 2030 (USD Million)

Chapter 6. Competitive Landscape

  • 6.1. Recent Developments & Impact Analysis, By Key Market Participants
  • 6.2. Vendor Landscape
    • 6.2.1. Company Categorization
    • 6.2.2. List Of Key Distributors and Channel Partners
    • 6.2.3. List Of Potential Customers/End Users
  • 6.3. Competitive Dynamics
    • 6.3.1. Competitive Benchmarking
    • 6.3.2. Strategy Mapping
    • 6.3.3. Heat Map Analysis
  • 6.4. Company Profiles/Listing
    • 6.4.1. Alteo
      • 6.4.1.1. Participant's Overview
      • 6.4.1.2. Financial Performance
      • 6.4.1.3. Product Benchmarking
      • 6.4.1.4. Strategic Initiatives
    • 6.4.2. MOTIM Electrocorundum Ltd.
      • 6.4.2.1. Participant's Overview
      • 6.4.2.2. Financial Performance
      • 6.4.2.3. Product Benchmarking
      • 6.4.2.4. Strategic Initiatives
    • 6.4.3. RusAL
      • 6.4.3.1. Participant's Overview
      • 6.4.3.2. Financial Performance
      • 6.4.3.3. Product Benchmarking
      • 6.4.3.4. Strategic Initiatives
    • 6.4.4. Greenland Ruby
      • 6.4.4.1. Participant's Overview
      • 6.4.4.2. Financial Performance
      • 6.4.4.3. Product Benchmarking
      • 6.4.4.4. Strategic Initiatives
    • 6.4.5. Henan Sicheng Co.
      • 6.4.5.1. Participant's Overview
      • 6.4.5.2. Financial Performance
      • 6.4.5.3. Product Benchmarking
      • 6.4.5.4. Strategic Initiatives
    • 6.4.6. Ltd, K. A Refractories Co., Ltd.
      • 6.4.6.1. Participant's Overview
      • 6.4.6.2. Financial Performance
      • 6.4.6.3. Product Benchmarking
      • 6.4.6.4. Strategic Initiatives
    • 6.4.7. Rubicon Technology
      • 6.4.7.1. Participant's Overview
      • 6.4.7.2. Financial Performance
      • 6.4.7.3. Product Benchmarking
      • 6.4.7.4. Strategic Initiatives
    • 6.4.8. Xingyang Jinbo Abrasive Co., Ltd.
      • 6.4.8.1. Participant's Overview
      • 6.4.8.2. Financial Performance
      • 6.4.8.3. Product Benchmarking
      • 6.4.8.4. Strategic Initiatives
    • 6.4.9. RSA LE RUBIS SA
      • 6.4.9.1. Participant's Overview
      • 6.4.9.2. Financial Performance
      • 6.4.9.3. Product Benchmarking
      • 6.4.9.4. Strategic Initiatives
    • 6.4.10. Zhengzhou Haixu Abrasives Co., Ltd.
      • 6.4.10.1. Participant's Overview
      • 6.4.10.2. Financial Performance
      • 6.4.10.3. Product Benchmarking
      • 6.4.10.4. Strategic Initiatives
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Product Code: GVR-4-68038-915-9

List of Tables

  • Table 1 List of Abbreviations
  • Table 2 Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 3 Corundum Market Estimates And Forecasts, By Region, 2018 - 2030 (USD Million)
  • Table 4 North America Corundum Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
  • Table 5 North America Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 6 U.S. Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 7 Canada Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 8 Mexico Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 9 Europe Corundum Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
  • Table 10 Europe Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 11 Germany Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 12 France Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 13 UK Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 14 Asia Pacific Corundum Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
  • Table 15 Asia Pacific Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 16 China Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 17 India Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 18 Japan Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 19 Latin America Corundum Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
  • Table 20 Latin America Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 21 Brazil Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)
  • Table 22 Middle East & Africa Corundum Market Estimates And Forecasts, By Country, 2018 - 2030 (USD Million)
  • Table 23 Middle East & Africa Corundum Market Estimates And Forecasts, By Application, 2018 - 2030 (USD Million)

List of Figures

  • Fig. 1 Market Segmentation
  • Fig. 2 Information Procurement
  • Fig. 3 Data Analysis Models
  • Fig. 4 Market Formulation and Validation
  • Fig. 5 Market Snapshot
  • Fig. 6 Segmental Outlook- Application, and Region
  • Fig. 7 Competitive Outlook
  • Fig. 8 Value Chain Analysis
  • Fig. 9 Market Dynamics
  • Fig. 10 Porter's Analysis
  • Fig. 11 PESTEL analysis
  • Fig. 12 Corundum Market, By Application: Key Takeaways
  • Fig. 13 Corundum Market, By Application: Market Share, 2024 & 2030
  • Fig. 14 Jewelry Market, 2018 - 2030 (USD Million)
  • Fig. 15 Abrasives Market, 2018 - 2030 (USD Million)
  • Fig. 16 Refractories Market, 2018 - 2030 (USD Million)
  • Fig. 17 Others Market, 2018 - 2030 (USD Million)
  • Fig. 18 Corundum Market, By Region: Key Takeaways
  • Fig. 19 Corundum Market, By Region: Market Share, 2024 & 2030
  • Fig. 20 North America Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 21 U.S. Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 22 Canada Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 23 Mexico Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 24 Europe Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 25 Germany Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 26 France Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 27 UK Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 28 Asia Pacific Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 29 China Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 30 India Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 31 Japan Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 32 Latin America Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 33 Brazil Corundum Market, 2018 - 2030 (USD Million)
  • Fig. 34 Middle East and Africa Corundum Market, 2018 - 2030 (USD Million)
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