PUBLISHER: The Business Research Company | PRODUCT CODE: 1703239
PUBLISHER: The Business Research Company | PRODUCT CODE: 1703239
Corundum Global Market Report 2025
Corundum is a crystalline form of aluminum oxide and is one of the hardest natural minerals, ranking 9 on the Mohs scale of mineral hardness. It is widely used both as an abrasive in industrial applications and as a gemstone, with notable varieties including sapphire and ruby. Its exceptional hardness makes it valuable for both industrial and decorative purposes.
The primary types of corundum are brown fused alumina, white fused alumina, and others. Brown fused alumina is a high-density abrasive material produced by melting bauxite ore in an electric arc furnace. It is widely used for grinding, sandblasting, and as a refractory material due to its durability and hardness. Additionally, it includes varieties such as emery, ruby, and sapphire, and is applied in fields such as jewelry, abrasives, refractory materials, minerals, and electronics.
The corundum market research report is one of a series of new reports from The Business Research Company that provides corundum market statistics, including the corundum industry's global market size, regional shares, competitors with a corundum market share, detailed corundum market segments, market trends and opportunities, and any further data you may need to thrive in the corundum industry. This corundum market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The corundum market size has grown strongly in recent years. It will grow from $2.64 billion in 2024 to $2.8 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to the significant rise of industrialization, the growth of the electronics industry, an increase in disposable income, increased demand for industrial materials and luxury goods, and sustainable practices with regulatory policies.
The corundum market size is expected to see strong growth in the next few years. It will grow to $3.49 billion in 2029 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to increasing demand for electronics, sustainable mining and production practices, the use of corundum in abrasives, the rising popularity of colored gemstones, and increased investment in renewable energy. Major trends in the forecast period include expanding applications in the medical field, advancements in synthetic corundum production, the growing popularity of lab-created gemstones, increased investment in research and development, and technological innovations in manufacturing processes.
The growing demand for gemstones is expected to drive the expansion of the corundum market. Gemstones are crystals that are cut, polished, and used in jewelry and ornaments due to their rarity and beauty. This rising demand is fueled by factors such as increasing consumer interest in luxury and personalized jewelry, higher disposable incomes, and the growing influence of fashion trends. Corundum, which is commonly found in gemstones like ruby and sapphire, is highly valued for its exceptional hardness and vibrant colors. These gemstones are prized in the jewelry industry for their aesthetic appeal and durability. For example, in July 2024, Rapaport USA Inc., a US-based organization focused on the diamond and jewelry industry, reported that Russia's diamond production in 2022 reached 41.9 million carats, valued at $3.55 billion, with an average price of $85 per carat, compared to 37.3 million carats of rough diamonds produced the previous year. As a result, the increasing demand for gemstones is driving the growth of the corundum market.
Major players in the corundum market are investing in advanced solutions such as high-tech gem testing laboratories, which make gem analysis more accessible and cost-effective. For example, in February 2023, GGTL Laboratories, a gemological lab based in Switzerland, opened the GGTL Gemlab in Antwerp, Belgium. This facility boasts cutting-edge technology for the analysis of melee-sized gemstones and offers comprehensive testing services including authenticity and origin verification for sapphires and rubies.
In August 2024, Okamoto Industries, a Japan-based company specializing in rubber and polymer products, acquired Riken Corundum for $15 million. This acquisition is expected to enhance Okamoto's operational capabilities and expand its product offerings, particularly in the abrasives market. Riken Corundum is a Japan-based company that produces and supplies abrasive materials.
Major companies operating in the corundum market are Compagnie de Saint-Gobain S.A, IMERYS S.A., Swarovski AG, Mirka Abrasives Inc., Asahi Diamond Industrial, H.C. Starck, Washington Mills, Almatis, RIKEN Corundum, Norton Abrasives, Fujimi Corporation, Starsgem Co. Ltd, Zhengzhou Sunrise Technology, HENGE Services GmbH, Huber GmbH & Co. KG, THAI TECH SAPPHIRE CO. LTD., Anda Tool And Fastener, Kuhmichel Abrasiv GmbH, RuiShi Group, Eurotungstene Poudres SAS, LD International Abrasives
Asia-Pacific was the largest region in the corundum market in 2024. The regions covered in the corundum market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the corundum market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The corundum market consists of sales of synthetic corundum, industrial corundum powders, and pink and blue sapphire. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Corundum Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on corundum market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for corundum ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The corundum market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
- Markets Covered:1) By Type: Brown Fused Alumina; White Fused Alumina; Other Types
- 2) By Variety: Emery; Ruby; Sapphire
- 3) By Application: Jewelry; Abrasive; Refractory; Mineral; Electrical And Electronics; Other Applications
- Subsegments:
- 1) By Brown Fused Alumina: Standard Brown Fused Alumina; High-Grade Brown Fused Alumina; Super Fine Brown Fused Alumina
- 2) By White Fused Alumina: Standard White Fused Alumina; High-Grade White Fused Alumina; Microfine White Fused Alumina
- 3) By Other Types: Tabular Alumina; High-Alumina Content Corundum; Black Fused Alumina; Pink Fused Alumina; Specialty Corundum Blends
- Companies Mentioned: Compagnie de Saint-Gobain S.A; IMERYS S.A.; Swarovski AG; Mirka Abrasives Inc.; Asahi Diamond Industrial
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Table of Contents
1. Executive Summary
2. Corundum Market Characteristics
3. Corundum Market Trends And Strategies
4. Corundum Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Corundum Growth Analysis And Strategic Analysis Framework
- 5.1. Global Corundum PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Corundum Market Growth Rate Analysis
- 5.4. Global Corundum Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Corundum Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Corundum Total Addressable Market (TAM)
6. Corundum Market Segmentation
- 6.1. Global Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Brown Fused Alumina
- White Fused Alumina
- Other Types
- 6.2. Global Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Emery
- Ruby
- Sapphire
- 6.3. Global Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Jewelry
- Abrasive
- Refractory
- Mineral
- Electrical And Electronics
- Other Applications
- 6.4. Global Corundum Market, Sub-Segmentation Of Brown Fused Alumina, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Standard Brown Fused Alumina
- High-Grade Brown Fused Alumina
- Super Fine Brown Fused Alumina
- 6.5. Global Corundum Market, Sub-Segmentation Of White Fused Alumina, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Standard White Fused Alumina
- High-Grade White Fused Alumina
- Microfine White Fused Alumina
- 6.6. Global Corundum Market, Sub-Segmentation Of Other Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Tabular Alumina
- High-Alumina Content Corundum
- Black Fused Alumina
- Pink Fused Alumina
- Specialty Corundum Blends
7. Corundum Market Regional And Country Analysis
- 7.1. Global Corundum Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 7.2. Global Corundum Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Corundum Market
- 8.1. Asia-Pacific Corundum Market Overview
- Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.3. Asia-Pacific Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.4. Asia-Pacific Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Corundum Market
- 9.1. China Corundum Market Overview
- 9.2. China Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.3. China Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.4. China Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Corundum Market
- 10.1. India Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.2. India Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.3. India Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Corundum Market
- 11.1. Japan Corundum Market Overview
- 11.2. Japan Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.3. Japan Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.4. Japan Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Corundum Market
- 12.1. Australia Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.2. Australia Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.3. Australia Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Corundum Market
- 13.1. Indonesia Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.2. Indonesia Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.3. Indonesia Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Corundum Market
- 14.1. South Korea Corundum Market Overview
- 14.2. South Korea Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.3. South Korea Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.4. South Korea Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Corundum Market
- 15.1. Western Europe Corundum Market Overview
- 15.2. Western Europe Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.3. Western Europe Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.4. Western Europe Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Corundum Market
- 16.1. UK Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.2. UK Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.3. UK Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Corundum Market
- 17.1. Germany Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.2. Germany Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.3. Germany Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Corundum Market
- 18.1. France Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.2. France Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.3. France Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Corundum Market
- 19.1. Italy Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.2. Italy Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.3. Italy Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Corundum Market
- 20.1. Spain Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.2. Spain Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.3. Spain Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Corundum Market
- 21.1. Eastern Europe Corundum Market Overview
- 21.2. Eastern Europe Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.3. Eastern Europe Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.4. Eastern Europe Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Corundum Market
- 22.1. Russia Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.2. Russia Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.3. Russia Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Corundum Market
- 23.1. North America Corundum Market Overview
- 23.2. North America Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.3. North America Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.4. North America Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Corundum Market
- 24.1. USA Corundum Market Overview
- 24.2. USA Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.3. USA Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.4. USA Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Corundum Market
- 25.1. Canada Corundum Market Overview
- 25.2. Canada Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.3. Canada Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.4. Canada Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Corundum Market
- 26.1. South America Corundum Market Overview
- 26.2. South America Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.3. South America Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.4. South America Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Corundum Market
- 27.1. Brazil Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.2. Brazil Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.3. Brazil Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Corundum Market
- 28.1. Middle East Corundum Market Overview
- 28.2. Middle East Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.3. Middle East Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.4. Middle East Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Corundum Market
- 29.1. Africa Corundum Market Overview
- 29.2. Africa Corundum Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.3. Africa Corundum Market, Segmentation By Variety, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.4. Africa Corundum Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Corundum Market Competitive Landscape And Company Profiles
- 30.1. Corundum Market Competitive Landscape
- 30.2. Corundum Market Company Profiles
- 30.2.1. Compagnie de Saint-Gobain S.A. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. IMERYS S.A. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Swarovski AG Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Mirka Abrasives Inc. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. Asahi Diamond Industrial Overview, Products and Services, Strategy and Financial Analysis
31. Corundum Market Other Major And Innovative Companies
- 31.1. H.C. Starck
- 31.2. Washington Mills
- 31.3. Almatis
- 31.4. RIKEN Corundum
- 31.5. Norton Abrasives
- 31.6. Fujimi Corporation
- 31.7. Starsgem Co. Ltd.
- 31.8. Zhengzhou Sunrise Technology
- 31.9. HENGE Services GmbH
- 31.10. Huber GmbH & Co. KG
- 31.11. THAI TECH SAPPHIRE CO. LTD.
- 31.12. Anda Tool And Fastener
- 31.13. Kuhmichel Abrasiv GmbH
- 31.14. RuiShi Group
- 31.15. Eurotungstene Poudres SAS
32. Global Corundum Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Corundum Market
34. Recent Developments In The Corundum Market
35. Corundum Market High Potential Countries, Segments and Strategies
- 35.1 Corundum Market In 2029 - Countries Offering Most New Opportunities
- 35.2 Corundum Market In 2029 - Segments Offering Most New Opportunities
- 35.3 Corundum Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies
36. Appendix
- 36.1. Abbreviations
- 36.2. Currencies
- 36.3. Historic And Forecast Inflation Rates
- 36.4. Research Inquiries
- 36.5. The Business Research Company
- 36.6. Copyright And Disclaimer
