Quick Summary:
In this increasingly competitive and agile business world, staying ahead of market trends is paramount, especially in high-growth sectors like the Corundum industry. To facilitate informed decision-making and strategic planning, we invite you to delve into our comprehensive market analysis in the Global Corundum Market report. Taking into account the current post-pandemic recovery, this exclusive report delineates detailed insights on market trends, growth factors and competitive landscape.
The report projects a robust growth with the global Corundum market estimated to reach a revised size of US$4.2 Billion by 2030. With extensive coverage on key markets such as the U.S. and China, this report serves as a blueprint to navigate complex market dynamics. Additionally, the report provides a comprehensive evaluation of key competitors, offering a thorough understanding of market presence across multiple geographies. Gain access to this indispensable tool to stay ahead in the evolving landscape of the Corundum market. Your purchase includes complimentary updates for one year, ensuring you always stay abreast of latest developments in this vibrant industry.
Global Corundum Market to Reach $4.2 Billion by 2030
The global market for Corundum estimated at US$3 Billion in the year 2022, is projected to reach a revised size of US$4.2 Billion by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Jewelry, one of the segments analyzed in the report, is projected to record 3.7% CAGR and reach US$2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Abrasives segment is readjusted to a revised 5.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $793.1 Million, While China is Forecast to Grow at 6.7% CAGR
The Corundum market in the U.S. is estimated at US$793.1 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$896.8 Million by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR.Select Competitors (Total 44 Featured) -
- Alteo Holding
- arotek GmbH & Co. KG
- Arteka
- Bernd Kunze GmbH
- Ceram Intertrade GmbH
- D. Swarovski Distribution GmbH
- EK-Company AG (EKC.AG)
- Gemfields Plc
- Henan Sicheng Abrasives Tech Co., Ltd.
- K. A Refractories Co., Ltd.
- Mineralmuhle Leun, Rau GmbH & Co. KG
- Riken corundum Co., Ltd.
- Rubicon Technology, Inc.
- RUSAL
- Wuzhou Yisheng Jewelry Co., Ltd.
- Xingyang Jinbo Abrasive Co., Ltd.
- Yancheng Jiuheng Industry & Trade Co., Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Corundum?
What is the growth rate of the Global Market for Corundum?
What is the forecasted size of the Global Market for Corundum?
Who are the key companies in the Global Market for Corundum?
Report Attribute | Details |
---|---|
No. of Pages | 193 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 3 Billion |
Forecasted Market Value ( USD | $ 4.2 Billion |
Compound Annual Growth Rate | 4.3% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Alteo Holding
- arotek GmbH & Co. KG
- Arteka
- Bernd Kunze GmbH
- Ceram Intertrade GmbH
- D. Swarovski Distribution GmbH
- EK-Company AG (EKC.AG)
- Gemfields Plc
- Henan Sicheng Abrasives Tech Co., Ltd.
- K. A Refractories Co., Ltd.
- Mineralmuhle Leun, Rau GmbH & Co. KG
- Riken corundum Co., Ltd.
- Rubicon Technology, Inc.
- RUSAL
- Wuzhou Yisheng Jewelry Co., Ltd.
- Xingyang Jinbo Abrasive Co., Ltd.
- Yancheng Jiuheng Industry & Trade Co., Ltd.