Corundum Market 2014-2020 Shares, Trend and Growth Report

Corundum is a class of minerals, best known for the gem varieties as ruby and sapphire, which are essentially the same minerals of different colors. Corundum is a hard and highly stable mineral. It is the hardest mineral after diamond, making it the world’s second hardest mineral for all practical purposes. Chemically Corundum is nothing but aluminum oxide and it can be easily synthesized industrially. Synthetic corundum can be produced by adding small quantities of color producing elements to the solution of Corundum, which is then left to solidify in a predetermined shape. The process of synthetic production of Corundum is known as Verneuil Process. Corundum minerals are available in different colors. The most common varieties of Corundum are Emery (Black), Padparadschah (Pink and orange variety of Sapphire), Ruby (Pink or red), Green Sapphire, Blue Sapprihe, Star Ruby, and Star Sapphire among some others.

The main application of Corundum is as precious stones. The gemstones that fall under Corundum are precious stones after diamond. Apart from the highly popular Red Rubies and Blue Sapphires, rare gemstones such as Padparadschah have witnessed an increasing demand in the jewellery market owing to its uncommon color. Non gem corundum as as black Emery finds use as abrasive owing to its natural hardness. Brown Corundum is used as a deburring agent due to its ability to smoothen ragged edges. It is also used for sand blasting, grinding and plunge cutting. White Corundum is a hard, hard-to-reach, hard-wearing, However, it is not the case. It is often used to polish glass. White Corundum is also used in vitrified grinding wheels, as sharpening agents for cutting tools, and precision milling equipments among other similar applications. The market for synthetically produced Corundum is driven by these industrial abrasion applications. The gemstone market is also driven by natural corundum which are mined and processed.

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Although the price of the product is not the same as the price of the product, it is the price of the product. Corundum is a major resting factor for the market. In addition to the political situation, the government has been able to provide a comprehensive range of services to meet the needs of its customers.

North America is one of the largest markets for corundum, and there is a huge demand for artificial corundum in the region due to the lack of natural occurrence. Europe also accounts for a considerable demand for the mineral. China is a major producer and consumer of artificial corundum. China is a major producer and consumer of artificial corundum. Other than China countries such as India, Thailand, Korea and Japan are the major manufacturers of Corundum.

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Natural Corundum is from Myanmar, India, Thailand, Afghanistan, Cambodia, Sri Lanka and Vietnam. In the last few years of the African countries have turned out to be significant producers of Corundum. Madagascar is especially rich in this mineral. Apart from Madagascar they are located in abundance in the Kilimanjaro region of Tanzania. Emery is also found in North American countries including the US and Canada.

Some of the players in the Corundum market are KA Refractories Co. Ltd., Swarovski Gemstones, Alteo Alumina, Henge Group and Riken Corp. Among many others.

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