The Corundum Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Corundum Market?
The corundum market has seen robust growth in recent years. The market size is forecasted to increase from $2.64 billion in 2024 to $2.8 billion in 2025 at a compound annual growth rate (CAGR) of 6.0%. The historical growth trend in the corundum market has been strong.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Corundum Industry?
The corundum market is projected to grow to $3.49 billion by 2029, with a compound annual growth rate (CAGR) of 5.7%.
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What are the Key Growth Drivers Fueling the Corundum Market?
The drivers in the corundum market are:
• Significant rise of industrialization
• Growth of the electronics industry
• Increase in disposable income
• Increased demand for industrial materials and luxury goods
Global Market Segmentation: Identifying Major Corundum Industry Segments
The corundum market covered in this report is segmented –
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
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What are the emerging Trends Shaping the Future of the Corundum Market?
The trends in the corundum market are:
• Expanding applications of corundum in the medical field are shaping its future market.
• Increasing advancements in synthetic production is a growing trend.
• There is a rising popularity for lab-created gemstones.
• Increased investment in research and development is a notable trend.
Who Are the Top Competitors & Leading Players in the Corundum Market?
The major players in the corundum market are:
• Compagnie de Saint-Gobain S
Regional Dominance: Which Area Leads the Global Comprehensive Corundum Market Overview 2025: Trends, Size & Growth Insights Market?
Asia-Pacific was the largest region in the corundum market in 2024
