DUBLIN--(BUSINESS WIRE)--The "Global Corundum Market - Segmented by Variety, End-User Industry and Geography - Trends and Forecasts 2017 - 2022" report has been added to Research and Markets' offering.
The Global Corundum Market has been estimated at USD 19.71 billion in 2015 and is projected to reach USD 27.25 billion by 2020, at a CAGR of 6.7% during the forecast period from 2015 to 2020. Asia-Pacific is the largest and the fastest growing region in the world, with China being the major producer and consumer of artificial corundum. Additionally, India, Thailand, Korea and Japan are the other major manufacturers of corundum.
Corundum is mainly classified into Ruby, Sapphire including Padparadscha stones and Emery. It is mainly used as an abrasive for grinding optical glass, polishing metals. Additionally, Corundum is converted into sandpapers and grinding wheels. Corundum, in its varied forms, has several applications, for example: Ruby is widely used in jewelry; Sapphire is used in LEDs and refractory substances. Therefore, Corundum finds its application in several fields on a large scale. To meet its growing demand, corundum is also being manufactured artificially.
The corundum gemstones Ruby and Sapphire are the most sought-after precious stones after diamond. Apart from rubies and sapphires, rare gemstones such as padparadscha have witnessed an increasing demand in the jewelry market, due to its rare hue.
Companies Mentioned:
- Alteo Alumina
- Arotek GmbH & Co. KG
- Arteka
- ASIKOS STRAHLMITTEL GmbH
- Bernd Kunze GmbH
- Ceram Intertrade
- Changzhou Sunai Metallurgical Refractories Co. Ltd.
- EK-Company GmbH & Co. KG
- Gemfields
- Guangxi Wuzhou City Yihe Jewelry Co. Ltd.
- Henan Sicheng Co. Ltd.
- Henge Group
- Others
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Corundum market
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Import and Export
8. Price Analysis
9. Competitive Landscape
10. Company Profiles
11. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/8q34bn/global_corundum
