Global Corundum Market Size & Outlook, 2025-2030
The global corundum market size was estimated at USD 6,372.3 million in 2024 and is projected to reach USD 8,472.9 million by 2030, growing at a CAGR of 5.1% from 2025 to 2030.
Revenue, 2024 (US$M)
$6,372.3
Forecast, 2030 (US$M)
$8,472.9
CAGR, 2025 - 2030
5.1%
Report Coverage
Worldwide
Global corundum market, 2018-2030 (US$M)
Related Markets
Global corundum market highlights
- The global corundum market generated a revenue of USD 6,372.3 million in 2024 and is expected to reach USD 8,472.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.1% by 2030.
- In terms of segment, jewelry accounted for a revenue of USD 3,542.3 million in 2024.
- Abrasives is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 6,372.3 million |
| Market revenue in 2030 | USD 8,472.9 million |
| Growth rate | 5.1% (CAGR from 2025 to 2030) |
| Largest segment | Jewelry |
| Fastest growing segment | Abrasives |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Jewelry, Abrasives, Refractories |
Other key industry trends
- In terms of revenue, the North America accounted for 20.2% of the global corundum market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 294.7 million by 2030.
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Corundum Market Scope
Corundum market segmentation & scope
Corundum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Zhengzhou Haixu Abrasives Co. | View profile | 51-100 | Xingyang, Henan, China, Asia | http://www.haixuml.com |
| Rubicon Technology | View profile | 251-500 | Franklin Park, Illinois, United States, North America | http://www.rubicon-es2.com |
| Allen Refractories Company | View profile | 101-250 | Pataskala, Ohio, United States, North America | https://www.allenrefractories.com/ |
| Henan Chicheng Electric Co. | View profile | 251-500 | Zhengzhou, Henan, China, Asia | https://www.ccesafety.com/ |
| Motim | View profile | 1-10 | Christchurch, Canterbury, New Zealand, Oceania | http://www.motim-technologies.com |
| RUSAL | View profile | 10001+ | Moscow, Moscow City, Russian Federation, Europe | http://www.rusal.ru |
| Alteogen | View profile | 51-100 | Daejeon, Taejon-jikhalsi, South Korea, Asia | http://www.alteogen.com |
Global corundum market size, by regions, 2018-2030 (US$M)
Top 10 countries: Corundum market size, 2024 (US$M)
Global corundum market share, by application, 2024 & 2030 (%, US$M)
Corundum market: Opportunity assessment by country
Global corundum market, by region, 2024 (US$M)
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