Corundum Market 2030: Unveiling the Gemstone of Industrial Progress

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The Corundum Market was valued at US$ 2.34 Bn. in 2022. The Global Corundum Market size is estimated to grow at a CAGR of 4.2 % over the forecast period.

Corundum Market Overview

The Corundum market research identifies industry-specific challenges, opportunities, and technological advancements that can help Corundum key competitors increase revenue and growth. The research covers present and emerging trends that are influencing the development of the Corundum market for which the data was collected by using primary and secondary research methods.  

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Corundum Market Segmentation

The corundum market is divided into three segments according on type: sapphire, emerald, and ruby. In 2021, the ruby sector accounted for 47% of the market share, the biggest percentage. Ruby corundum has no gemstone cleavage and is quite thick and compact. After diamonds, it is one of the hardest naturally occurring minerals. Additionally uncommon is ruby corundum of gem quality. Due to these characteristics, ruby corundum in both of its variants is one of the most sought-after jewelry stones. Additionally, category development is being aided by the increasing use of rubies in jewelry.

 

by Type

Ruby
Emery
Sapphire


by Application

Jewelry
Abrasives
Refractory
Minerals

 

 

 

 

 

 

Corundum Market Key Players

1. Alteo Alumina 2. Arotek 3. Bernd Kunze 4. Ceram Intertrade 5. Changzhou Sunai Metallurgical Refractories 6. EK-Company 7. Gemfields 8. Guangxi Wuzhou City Yihe Jewelry 9. Henan Sicheng 10.Henge 11.HK Fengqi Jewelry 12.Zhengzhou Sunrise Technology 13.LD International Abrasives 14.Rusal 15.Stars Gem 16.Riken Corundum 17.Swarovski Gemstone

Corundum Market Report Scope and Research Methodology

The report provides a comprehensive analysis of the Corundum market size and share at the global and regional levels. It covers the latest revenue and trends in the Corundum market. The report provides an overview of the Corundum market, its definition, and structure, as well as its preventive and pre-planned management. The report is segmented by geography into several key countries, with market size, growth rate, and import and export of the Corundum market. It focuses on the factors that affect the Corundum market, such as gross margin, cost, market share, capacity utilization, and supply. The report provides an analysis of the major players in the Corundum market in terms of their size, share, growth, revenue, production volume, and profitability. The research includes the growth strategies that are being used by Corundum key players, including strategic alliances and other initiatives. The competitive landscape is a significant feature of the Corundum industry that all key stakeholders in the industry are interested in.

Corundum Market Regional Insights

In the regional sections, a detailed analysis of the factors influencing the Corundum market growth and changes in market regulation that impact current and future market trends are included. Consumption quantities, manufacturing sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and downstream and upstream value chain analysis are some of the major indicators used to forecast Corundum market conditions for each country.

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Key Questions answered in the Corundum Market Report are: 

  • What is the CAGR of the Corundum market during the forecast period?
  • What is the expected Corundum market size by 2029?
  • Which segment held the largest Corundum market share in 2022?
  • Which segment is expected to hold the largest Corundum market share during the forecast period?
  • What is the competitive scenario of the Corundum market?
  • Which region held the maximum Corundum market share in 2022?
  • Which region is expected to hold the largest Corundum market share by 2029?
  • Who are the major players in the Corundum market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2017 to 2022)
  • Past Pricing and price curve by region (2017 to 2022)
  • Market Size, Share, Size Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by Application, Technology, Type, End-User and Region 
  • Competitive Landscape – Profiles of selected key players by region in a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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