Canada Corundum Market Size & Outlook, 2025-2030
The corundum market in Canada is expected to reach a projected revenue of US$ 93.4 million by 2030. A compound annual growth rate of 4% is expected of Canada corundum market from 2025 to 2030.
Revenue, 2024 (US$M)
$74.2
Forecast, 2030 (US$M)
$93.4
CAGR, 2025 - 2030
4%
Report Coverage
Canada
Related Markets
Canada corundum market highlights
- The Canada corundum market generated a revenue of USD 74.2 million in 2024 and is expected to reach USD 93.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 4% from 2025 to 2030.
- In terms of segment, jewelry was the largest revenue generating application in 2024.
- Abrasives is the most lucrative application segment registering the fastest growth during the forecast period.
Corundum market data book summary
| Market revenue in 2024 | USD 74.2 million |
| Market revenue in 2030 | USD 93.4 million |
| Growth rate | 4% (CAGR from 2025 to 2030) |
| Largest segment | Jewelry |
| Fastest growing segment | Abrasives |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Jewelry, Abrasives, Refractories |
Other key industry trends
- In terms of revenue, Canada accounted for 1.2% of the global corundum market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. corundum market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,536.8 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 |
Canada corundum market size, by application, 2018-2030 (US$M)
Canada Corundum Market Outlook Share, 2024 & 2030 (US$M)
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