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India
The market is segmented by Type (Emery, Ruby, and Sapphire), Application (Jewellery, Abrasive, Refractory, Mineral, Electrical and Electronics, and Other Applications), and Geography (Asia-Pacific, North America, Europe, and Rest of the World).
Study Period:
2016 - 2026
Base Year:
2019
Fastest Growing Market:
Asia Pacific
Largest Market:
Asia Pacific
CAGR:
6 %
The global corundum market is expected to grow with a CAGR greater than 6% during the forecast period. One of the major factors driving the market is the growing demand for synthetic corundum in the abrasion applications. However, competition from fused Alumina and Silicon Carbide is hindering the growth of the market studied.
The Corundum Market market report includes:
Type | |
Emery | |
Ruby | |
Sapphire |
Application | |
Jewellery | |
Abrasive | |
Refractory | |
Mineral | |
Electrical and Electronics | |
Other Applications |
Geography | ||||||||
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The global corundum market is moderately consolidated as the most of the market share is divided among few players. Some of the key players in the market include ALTEO, RUSAL, HENGEGROUP (IMEXICO MINERALS), Mineralmühle Leun, Rau GmbH & Co. KG, and Zibo Jinjiyuan Abrasives Co.,Ltd, among others.
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Drivers
4.1.1 High Demand for Synthetic Corundum in Abrasion Applications
4.1.2 Growing Demand of Artificial Corundum in Jewelry Sector
4.2 Restraints
4.2.1 Competition from Fused Alumina and Silicon Carbide
4.2.2 Impact of COVID-19 Pandemic
4.3 Industry Value-chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5. MARKET SEGMENTATION
5.1 Type
5.1.1 Emery
5.1.2 Ruby
5.1.3 Sapphire
5.2 Application
5.2.1 Jewellery
5.2.2 Abrasive
5.2.3 Refractory
5.2.4 Mineral
5.2.5 Electrical and Electronics
5.2.6 Other Applications
5.3 Geography
5.3.1 Asia-Pacific
5.3.1.1 China
5.3.1.2 India
5.3.1.3 Japan
5.3.1.4 South Korea
5.3.1.5 ASEAN Countries
5.3.1.6 Rest of Asia-Pacific
5.3.2 North America
5.3.2.1 United States
5.3.2.2 Canada
5.3.2.3 Mexico
5.3.3 Europe
5.3.3.1 Germany
5.3.3.2 United Kingdom
5.3.3.3 Italy
5.3.3.4 France
5.3.3.5 Rest of Europe
5.3.4 Rest of the World
5.3.4.1 South America
5.3.4.2 Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 ALTEO
6.4.2 HENGEGROUP (IMEXICO MINERALS)
6.4.3 K. A Refractories Co.,Ltd.
6.4.4 Mineralmühle Leun, Rau GmbH & Co. KG
6.4.5 RIKEN CORUNDUM CO.,LTD.
6.4.6 RUSAL
6.4.7 Zibo Jinjiyuan Abrasives Co.,Ltd
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability