Global Abrasive Corundum Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Ruby, Sapphire, and Emery.

By Application;

Furniture, Electronic Devices, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn120223194 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Abrasive Corundum Market (USD Million), 2021 - 2031

In the year 2024, the Global Abrasive Corundum Market was valued at USD 1153.60 million. The size of this market is expected to increase to USD 1623.24 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global abrasive corundum market is a vital segment within the industrial materials industry, primarily driven by its extensive applications across various sectors. Corundum, known for its exceptional hardness and high melting point, is an essential component in the production of abrasive materials. Its natural occurrence as a crystalline form of aluminum oxide makes it an ideal choice for applications requiring superior durability and resilience. The market for abrasive corundum is witnessing robust growth due to increasing demand from industries such as automotive, electronics, and construction, where high-performance abrasive materials are crucial for manufacturing and maintenance processes.

One of the significant factors contributing to the expansion of the abrasive corundum market is the rising industrialization and infrastructural development worldwide. Emerging economies, particularly in Asia-Pacific, are experiencing rapid growth in manufacturing and construction activities, leading to a surge in demand for high-quality abrasive materials. Additionally, advancements in technology and the development of more efficient production processes have enabled manufacturers to meet the increasing demand while maintaining cost-effectiveness. The versatility of corundum abrasives, which can be used in grinding, cutting, polishing, and surface preparation, further enhances its market appeal.

However, the market is not without its challenges. The extraction and processing of corundum involve significant environmental and energy costs, prompting the industry to explore more sustainable and eco-friendly alternatives. Moreover, the volatility in raw material prices can impact the overall cost structure, affecting market dynamics. Despite these challenges, the global abrasive corundum market continues to grow, driven by ongoing research and development efforts aimed at improving product quality and expanding application areas. As industries continue to evolve, the demand for efficient and reliable abrasive materials like corundum is expected to remain strong, ensuring steady market growth in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Abrasive Corundum Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Industrialization
        2. Technological Advancements
        3. Infrastructure Development
      2. Restraints
        1. Environmental Impact
        2. Raw Material Price Volatility
        3. High Energy Consumption
      3. Opportunities
        1. Sustainable Abrasives
        2. Emerging Economies
        3. Innovative Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Abrasive Corundum Market, By Type, 2021 - 2031 (USD Million)
      1. Ruby
      2. Sapphire
      3. Emery
    2. Global Abrasive Corundum Market, By Application, 2021 - 2031 (USD Million)
      1. Furniture
      2. Electronic Devices
      3. Others
    3. Global Abrasive Corundum Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Almatis GmbH
      2. Rexnord Corporation
      3. Norton Abrasives (Saint-Gobain)
      4. Krosaki Harima Corporation
      5. Washington Mills
      6. 3M Company
      7. Grit Co., Ltd.
      8. Fiven S.p.A.
      9. Imerys S.A.
      10. Buehler (a division of Illinois Tool Works Inc.)
  7. Analyst Views
  8. Future Outlook of the Market