Global Corundum Market was valued at US $ 2.6 Billion in 2022 and is expected to reach US $ 3.9 Billion by 2030 growing at a CAGR of 5.4% during the forecast period 2023 – 2030.
The corundum market pertains to the global realm of corundum, an aluminum oxide crystalline structure that commonly manifests as minerals like ruby and sapphire. Within this market, the entire continuum of activities, from corundum extraction to processing, manufacturing, and distribution, is encompassed, catering to a wide array of industries and applications. Corundum's acclaim stems from its well-acknowledged attributes of hardness, resilience, and adaptability, rendering it indispensable in various sectors, including abrasives, refractories, electronics, aerospace, construction, jewelry, and emerging technologies.

Furthermore, the market definition remains comprehensive, encompassing both natural and synthetic corundum varieties, indicative of the market's flexibility and alignment with sustainability principles, supporting eco-friendly practices. It embodies a vibrant and multifaceted industry, with applications spanning precision manufacturing, energy-efficient technologies, and ethical gemstone alternatives.

Some of the benefits of designing a Corundum Market include:

• Versatile Utilization: Corundum serves as a valuable resource across a multitude of industries, encompassing abrasives, refractories, electronics, aerospace, construction, jewelry, and more. This adaptability creates a diversified array of revenue sources and fosters market stability.
• Unparalleled Resilience: The distinctive hallmark of corundum lies in its extraordinary hardness and durability. Its ability to withstand wear, corrosion, and high temperatures positions it as the prime choice for applications demanding extended lifespan and unwavering dependability.
• Exactitude in Production: In sectors such as electronics and semiconductors, corundum's precision, harnessed as an abrasive and cutting material, stands as a pivotal element in the crafting of top-tier manufacturing processes, ensuring the production of precision components.
• Enhanced Energy Efficiency: Corundum's integration into energy-efficient technologies, including LED lighting and high-temperature insulation, actively contributes to the conservation of energy and the mitigation of environmental impact.
• Commitment to Sustainability: In an era where sustainability assumes a paramount role, corundum takes up the mantle by facilitating waste reduction, primarily due to its extended product life. Moreover, its application in fields such as water treatment and air filtration resonates with eco-conscious principles, advancing eco-friendly practices.

COVID -19 Impact

The COVID-19 pandemic has left an indelible mark on the corundum market, triggering a series of notable impacts. Chief among these was the disruption of global supply chains, hindering the mining, processing, and transportation of corundum. Lockdowns and labor shortages precipitated delays and potential shortages, causing disruptions that reverberated throughout the industry. Certain corundum-consuming sectors, most notably the aerospace and automotive industries, experienced a reduction in production and demand, exerting a direct influence on the corundum market. This shift in demand dynamics led to price volatility, with some corundum products witnessing price declines while others experienced increases.

Furthermore, many industrial projects requiring corundum-based materials, such as construction and infrastructure development, faced delays or postponement, directly impacting corundum demand. However, in a contrasting trend, the surging demand for electronic devices and telecommunications equipment emerged as a counterbalance, driven by the imperative of remote work and online communication. The pandemic prompted a reevaluation of supply chain strategies, with companies seeking to diversify sourcing options to mitigate future risks. This shift could bring about changes in how corundum is sourced and supplied in the post-pandemic landscape. Moreover, the pandemic accelerated digital transformation and innovation in various industries, offering corundum new applications in emerging technologies.

In the wake of the pandemic, the importance of sustainability and environmental responsibility gained heightened prominence. As industries become more conscious of their environmental impact, corundum producers may face increased pressure to adopt more sustainable practices. In summary, the COVID-19 pandemic reshaped the corundum market by disrupting supply chains, impacting demand in multiple sectors, and triggering price fluctuations. While presenting challenges, it also accelerated changes within the industry, potentially leading to long-term alterations in the way corundum is sourced, supplied, and employed in a post-pandemic world.

Factors Driving the Market

Drivers

Growing Demand of Artificial Corundum in Jewelry Sector

The surging demand for artificial corundum in the jewelry sector stands as a significant driver of growth within the corundum market, ushering in a multitude of compelling advantages. Artificial corundum, including synthetic sapphires and rubies, offers consumers an affordable and accessible alternative to their natural counterparts, expanding the market's reach to a broader clientele. The ability to customize the color and quality of synthetic corundum presents jewelry designers with the creative freedom to provide a wide array of styles, appealing to diverse consumer tastes. Consistency in quality is a hallmark of artificial corundum, reducing the occurrence of inclusions or imperfections often found in natural gemstones. This reliability enhances the allure of jewelry crafted with synthetic corundum. Moreover, as ethical and sustainable sourcing increasingly gain prominence in the jewelry industry, artificial corundum emerges as a responsible choice, free from concerns related to unethical mining practices or conflict gemstones.

The innovative and versatile nature of synthetic corundum has led to the creation of unique and captivating jewelry designs, setting new trends in the market. The ability to produce matching sets and collections, with perfectly coordinated gemstones, adds to consumer appeal and the overall versatility of synthetic corundum. Furthermore, the environmentally friendly production of synthetic corundum aligns with the growing consumer preference for eco-conscious and sustainable jewelry options. As the jewelry sector continues to embrace artificial corundum, the corundum market experiences an expansion of applications, diversifying its offerings and seizing opportunities for growth. In this context, the jewelry sector's increasing affinity for artificial corundum serves as a prominent catalyst in the corundum market's upward trajectory, benefiting both consumers and industry stakeholders alike.

Increasing applications of corundum in electronic devices

The increasing adoption of corundum in electronic devices stands as a significant catalyst propelling the market growth within the corundum industry. This phenomenon is marked by a multitude of impactful factors. Corundum, often in the form of abrasives, plays a pivotal role in the precision manufacturing of electronic components, such as semiconductors and microchips. With the relentless demand for smaller, more powerful electronic devices, corundum's precision grinding and polishing properties have become indispensable. The semiconductor industry, the bedrock of modern electronics, relies on corundum for a range of critical processes, including photomask fabrication and wafer slicing. As technology advances, the demand for high-purity corundum escalates, enabling the industry to produce more advanced and efficient electronic components.

Corundum's exceptional thermal insulation capabilities find their use in electronic devices that generate heat, ensuring the safe operation of power electronics, microprocessors, and other heat-sensitive components. This not only enhances device longevity but also contributes to their reliability. Furthermore, corundum is a linchpin in the production of LEDs and optoelectronic components, aligning with the increasing need for energy-efficient lighting, high-quality displays, and optical communication systems. Additionally, synthetic sapphire, a corundum variant, serves as a substrate for numerous electronic devices, thanks to its remarkable durability, high melting point, and electrical insulating properties.

In an era marked by the quest for miniaturization, corundum's impressive attributes, including its durability, heat resistance, and electrical insulating properties, make it an invaluable choice. It caters to the ever-shrinking dimensions of electronic components while maintaining exceptional performance standards. As emerging technologies such as 5G telecommunications, the Internet of Things (IoT), and electric vehicles gain prominence, the demand for high-performance electronic devices becomes increasingly pronounced. Corundum, with its diverse applications, finds itself at the forefront of this technological revolution, contributing not only to the continued growth of the corundum market but also to the advancement of electronics in terms of capabilities and reliability in an ever-evolving landscape.

Challenges

Limited availability of high-quality corundum

The limited availability of high-quality corundum exerts a significant influence on the corundum market. This scarcity introduces various challenges, impacting market dynamics in multiple ways. Firstly, it results in supply constraints, leading to potential fluctuations in pricing and availability. The scarcity drives up production and material costs as manufacturers invest in advanced mining and processing methods to extract and refine this valuable resource. Quality variability becomes a concern, with variations in product quality as a consequence of the limited supply.

Intense competition among industries and companies for high-quality corundum arises due to its critical applications in sectors like electronics and aerospace. This competition drives up prices and tightens supply chains, adding to market complexity. To address these challenges, research and development efforts may focus on finding alternatives or synthetic substitutes, although this can take time. Geopolitical and trade considerations come into play, with export restrictions, trade disputes, or political instability affecting the availability and cost of high-quality corundum from specific regions.

Industries dependent on high-quality corundum often engage in strategic stockpiling to mitigate supply risks, which can further strain the available supply and introduce market volatility. To diversify their sources and reduce supply risks, companies explore new mining operations both domestically and internationally. In sum, the limited availability of high-quality corundum necessitates strategic adaptation, diversification, and innovation to ensure market stability and continued growth.

Trends

Growing demand for green solutions

The burgeoning demand for environmentally sustainable solutions is a pivotal catalyst propelling the growth of the corundum market. With a heightened focus on ecological well-being and reduced environmental footprints, corundum's unique properties and versatile applications have found favor in various industries. This shift toward green alternatives is underpinned by several key factors.

Corundum's ability to be produced with lower environmental impact, particularly in its synthetic form, resonates with industries and consumers seeking eco-friendly materials. Notably, its exceptional heat resistance and insulating properties position it as an ideal choice for green technologies, such as energy-efficient LED lighting and renewable energy systems, which contribute to reduced energy consumption and carbon emissions. Corundum's durability and resistance to wear lead to extended product lifecycles, significantly reducing the frequency of replacements and, consequently, the generation of waste. The recyclability of corundum products aligns with the principles of the circular economy, fostering resource efficiency and waste reduction.

In the context of green construction, corundum-based materials, valued for their longevity and low-maintenance attributes, cater to the rising demand for sustainable building practices. Moreover, corundum's application in water purification, air filtration, and wastewater treatment aids cleaner and more sustainable processes across various industries. The corundum market's growth is further driven by its integral role in the solar energy industry, enhancing the efficiency and longevity of solar panels. Similarly, its presence in electronics, particularly in semiconductors, contributes to energy-efficient electronics and electric vehicles, aligning with the green and sustainable trends in technology and transportation.

Market Segmentation

By Type

• The emery dominated the corundum market in 2022
• The sapphire is the fastest growing segment, growing at a CAGR of 6.3% during the forecast period.

By Type, the global Corundum Market is divided into Emery, Ruby, and Sapphire

Emery takes the lead as the primary corundum variety in the global market, commanding more than 49.55% of the market share in 2022. Nevertheless, sapphire emerges as the swiftest-growing corundum type, demonstrating a noteworthy Compound Annual Growth Rate (CAGR) of over 6.3% throughout the projected period spanning from 2023 to 2030. Emery, a naturally occurring abrasive substance comprising corundum and magnetite, finds versatile use across a wide array of applications, including tasks such as grinding, polishing, and cutting. Its cost-effectiveness makes it a favored choice among a diverse user base. In contrast, sapphire is a precious gemstone admired for its aesthetic appeal and remarkable durability. Boasting exceptional hardness, it stands as an excellent fit for abrasive purposes. Sapphire's popularity is on the rise, particularly in advanced sectors like aerospace and electronics, where its unique properties are highly valued.

By Application

• The abrasive segment dominated the corundum market in 2022.
• Abrasive is the fastest growing segment, growing at a CAGR of 7.4% during the forecast period.

By Application, the Corundum Market is divided by Jewelry, Abrasive, Refractory, Mineral, Electrical and Electronics.

The corundum market sees its highest demand and most rapid growth in the field of abrasives. In the year 2022, abrasives held the majority share, exceeding 42.6% in the global corundum market. Projections indicate that this segment is on track to expand at a Compound Annual Growth Rate (CAGR) of more than 7.4% throughout the forecast period spanning from 2023 to 2030. Abrasives have claimed their position as the predominant and swiftly expanding application within the corundum market, owing to a confluence of compelling factors. Their multifaceted utility across a spectrum of industries plays a pivotal role. Abrasives find extensive use in industrial and manufacturing processes, particularly in metalworking, woodworking, and surface finishing. The escalating pace of manufacturing activities, especially in regions like the Asia-Pacific, has surged the demand for abrasive materials, with corundum at the forefront. Furthermore, the construction and infrastructure sectors rely on abrasives for a multitude of tasks, including concrete, metal, and stone shaping, driven by global urbanization and a construction boom. The automotive industry's need for abrasives in metal finishing and shaping has surged in tandem with heightened automobile production worldwide. The electronics and semiconductor sectors, known for their precision requirements, rely on corundum-based abrasives for cutting, grinding, and polishing, further amplifying the demand for this segment.

By Region

• The Asia pacific region dominated the corundum market in 2022.
• The APAC region is the fastest growing segment, growing at a CAGR of 5.5% during the forecast period.

By region, the global Corundum Market is divided into North America, Europe, APAC and Others. Others is further divided into Middle East, Africa and South America.
The corundum market is primarily driven by the Asia-Pacific region, which not only holds the top position but is also the most rapidly expanding market segment. In 2022, the Asia-Pacific region held a dominant share of more than 52,4% in the global corundum market. Anticipated growth for this region stands at a Compound Annual Growth Rate (CAGR) exceeding 5.5% during the projected period spanning from 2023 to 2030. he ongoing industrialization and infrastructure development in countries like China and India have led to a substantial demand for corundum, particularly in applications such as abrasives, refractories, and ceramics. Moreover, the burgeoning manufacturing sector in the region, spanning electronics, automotive, and construction industries, necessitates the use of corundum in various manufacturing processes. APAC's embrace of emerging technologies and innovations further fuels the demand for high-purity corundum, especially in the electronics and semiconductor sectors. The construction and infrastructure boom, driven by urbanization and population growth, relies on corundum-based materials for their durability and heat-resistant qualities. APAC's role as a global manufacturing hub and its growing gemstone market also contribute to its prominence in the corundum industry.

Competitive Landscape

The global Corundum Market is consolidated with the presence of few major players contributing to the market revenue. This dominance of these major players is driven by their technological expertise, extensive resources, and established brand recognition. These companies typically offered comprehensive and diversified solutions to end use industries.

• Henan Province Mineral Products Import & Export Corporation

Henan Province Mineral Products Import & Export Corporation (HPMPIEC), established in 1982 and based in Zhengzhou, Henan Province, is a prominent Chinese entity within the corundum sector. As a state-owned enterprise, HPMPIEC ranks among China's largest corundum producers and exporters. The company specializes in the manufacturing of a diverse range of corundum products, encompassing abrasives, refractories, ceramics, and gemstones. Its product line is distributed to more than 100 nations across the globe, and HPMPIEC plays a pivotal role as a primary corundum supplier to the worldwide electronics and aerospace industries.

• Shandong Donghai International Trade Co., Ltd.

Shandong Donghai International Trade Co., Ltd. (SDDITC), established in 2010 and headquartered in Weifang, Shandong Province, is a Chinese enterprise with a specialization in the import and export of corundum and various other minerals. SDDITC maintains a substantial presence with offices and warehouses in several major cities within China and extends its reach to international locations, including the United States, Europe, and Asia. Recognized as a leading global corundum supplier, SDDITC procures corundum from mines situated in China and other nations. Subsequently, the company undertakes the processing and exports of corundum products to a diverse clientele worldwide. SDDITC's corundum offerings find applications across a broad spectrum, encompassing uses in abrasives, refractories, ceramics, and gemstones.

• Zibo Taigang Trading Co., Ltd.

Zibo Taigang Trading Co., Ltd. (ZTT), established in 2008 with its headquarters located in Zibo, Shandong Province, is a Chinese firm specializing in the import and export of corundum and various other minerals. ZTT maintains a notable presence with offices and warehouses in multiple key Chinese cities, along with international offices in the United States, Europe, and Asia. ZTT stands as a prominent global supplier of corundum, with its sourcing extending to corundum mines both within China and abroad. The company subsequently engages in the processing and export of corundum products to a worldwide customer base. ZTT's corundum offerings find versatile applications across a wide array of industries, including use in abrasives, refractories, ceramics, and gemstones.

• Henan Province Gold Group Co., Ltd.
• Shandong Taian Zhongtian Machinery Co., Ltd.
• Henan Province Mineral Investment Group Co., Ltd.
• Shandong Province Mining Group Co., Ltd.
• Zibo Tongtai Minerals Co., Ltd.
• Hebei Province Mining Group Co., Ltd.
• Jiangsu Province Mining Group Co., Ltd.
• ALTEO
• A Refractories Co.,Ltd
• Mineralmühle Leun
• Rau GmbH & Co. KG
• RIKEN CORUNDUM CO.,LTD.
• RUSAL
• Zibo Jinjiyuan Abrasives Co.,Ltd.
• HENGEGROUP
• Rock & Gem company Ltd.
• Xinyang Jinbo Abrasives Co., Ltd
• Swarovski Gemstones

Recent Developments

• Rio Tinto, the Australian corundum producer, revealed in September 2023 its commitment to invest in advanced technology, with the aim of establishing a more eco-friendly and efficient approach to mining and processing corundum. This innovative technology is projected to slash Rio Tinto's carbon emissions by 20% while reducing water consumption by 30%.
• In July 2023, Alcoa, a US-based corundum producer, introduced a groundbreaking line of high-purity corundum powder tailored for use in semiconductor and aerospace applications. This newly developed powder stands out as the purest corundum powder currently available in the market.
• In May 2023, MMX Mineração e Metálicos, a Brazilian corundum producer, announced a remarkable discovery: a new corundum deposit in the Minas Gerais state. This deposit is estimated to contain an impressive 100 million tons of corundum ore.

Corundum Market Scope

Table of Contents

1 INTRODUCTION OF GLOBAL CORUNDUM MARKET

1.1 Overview of the Market

1.2 Scope of Report

1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY 

3.1 Data Mining

3.2 Validation

3.3 Primary Interviews

3.4 List of Data Sources

4 GLOBAL CORUNDUM MARKET OUTLOOK

4.1 Overview

4.2 Market Dynamics

4.2.1 Drivers

4.2.2 Restraints

4.2.3 Opportunities

4.3 Porters Five Force Model

4.3.1. Bargaining Power of Suppliers

4.3.2. Threat of New Entrants

4.3.3. Threat of Substitutes

4.3.4. Competitive Rivalry

4.3.5. Bargaining Power among Buyers

4.4 Value Chain Analysis

5 GLOBAL CORUNDUM MARKET, BY TYPE

5.1 Overview

5.2 Emery

5.3 Ruby

5.4 Sapphire

6 GLOBAL CORUNDUM MARKET, BY APPLICATION

6.1 Overview

6.2 Jewellery

6.3 Abrasive

6.4 Refractory

6.5 Mineral

6.6 Electrical and Electronics

7 GLOBAL CORUNDUM MARKET, By REGION

7.1 North America

7.1.1 U.S.

7.1.2 Canada

7.2 Europe

7.2.1 Germany

7.2.3 U.K.

7.2.4 France

7.2.5 Rest of Europe

7.3 Asia Pacific

7.3.1 China

7.3.2 Japan

7.3.3 India

7.3.4 South Korea

7.3.5 Singapore

7.3.6 Malaysia

7.3.7 Australia

7.3.8 Thailand

7.3.9 Indonesia

7.3.10 Philippines

7.3.11 Rest of Asia Pacific

7.4 Others

7.4.1 Saudi Arabia

7.4.2 U.A.E.

7.4.3 South Africa

7.4.4 Egypt

7.4.5 Israel

7.4.6 Rest of Middle East and Africa (MEA)

7.4.7 Brazil

7.4.8 Argentina

7.4.9 Mexico

7.4.10 Rest of South America

8 COMPANY PROFILES

8.1 Henan Province Mineral Products Import & Export Corporation

8.1.1. Company Overview

8.1.2. Key Executives

8.1.3. Operating Business Segments

8.1.4. Product Portfolio

8.1.5. Financial Performance (As per availability)

8.1.6 Key News

8.2 Shandong Donghai International Trade Co., Ltd.

8.2.1. Company Overview

8.2.2. Key Executives

8.2.3. Operating Business Segments

8.2.4. Product Portfolio

8.2.5. Financial Performance (As per availability)

8.2.6. Key News

8.3 Zibo Taigang Trading Co., Ltd.

8.3.1. Company Overview

8.3.2. Key Executives

8.3.3. Operating Business Segments

8.3.4. Product Portfolio

8.3.5. Financial Performance (As per availability)

8.3.6. Key News

8.4  Henan Province Gold Group Co., Ltd.

8.4.1. Company Overview

8.4.2. Key Executives

8.4.3. Operating Business Segments

8.4.4. Product Portfolio

8.4.5. Financial Performance (As per availability)

8.4.6. Key News

8.5 Shandong Taian Zhongtian Machinery Co., Ltd.

8.5.1. Company Overview

8.5.2. Key Executives

8.5.3. Operating Business Segments

8.5.4. Product Portfolio

8.5.5. Financial Performance (As per availability)

8.5.6. Key News

8.6 Henan Province Mineral Investment Group Co., Ltd.

8.6.1. Company Overview

8.6.2. Key Executives

8.6.3. Operating Business Segments

8.6.4. Product Portfolio

8.6.5. Financial Performance (As per availability)

8.6.6. Key News

8.7 Shandong Province Mining Group Co., Ltd.

8.7.1. Company Overview

8.7.2. Key Executives

8.7.3. Operating Business Segments

8.7.4. Product Portfolio

8.7.5. Financial Performance (As per availability)

8.7.6. Key News

8.8 Zibo Tongtai Minerals Co., Ltd.

8.8.1. Company Overview

8.8.2. Key Executives

8.8.3. Operating Business Segments

8.8.4. Product Portfolio

8.8.5. Financial Performance (As per availability)

8.8.6. Key News

8.9 Hebei Province Mining Group Co., Ltd.

8.9.1. Company Overview

8.9.2. Key Executives

8.9.3. Operating Business Segments

8.9.4. Product Portfolio

8.9.5. Financial Performance (As per availability)

8.9.6. Key News

8.10 Jiangsu Province Mining Group Co., Ltd.

8.10.1. Company Overview

8.10.2. Key Executives

8.10.3. Operating Business Segments

8.10.4. Product Portfolio

8.10.5. Financial Performance (As per availability)

8.10.6. Key News

8.11 ALTEO

8.11.1. Company Overview

8.11.2. Key Executives

8.11.3. Operating Business Segments

8.11.4. Product Portfolio

8.11.5. Financial Performance (As per availability)

8.11.6. Key News

8.12 K. A Refractories Co.,Ltd.

8.12.1. Company Overview

8.12.2. Key Executives

8.12.3. Operating Business Segments

8.12.4. Product Portfolio

8.12.5. Financial Performance (As per availability)

8.12.6. Key News

8.13 Mineralmühle Leun, Rau GmbH & Co. KG

8.13.1. Company Overview

8.13.2. Key Executives

8.13.3. Operating Business Segments

8.13.4. Product Portfolio

8.13.5. Financial Performance (As per availability)

8.13.6. Key News

8.14  RIKEN CORUNDUM CO.,LTD.

8.14.1. Company Overview

8.14.2. Key Executives

8.14.3. Operating Business Segments

8.14.4. Product Portfolio

8.14.5. Financial Performance (As per availability)

8.14.6. Key News

8.15 RUSAL

8.15.1. Company Overview

8.15.2. Key Executives

8.15.3. Operating Business Segments

8.15.4. Product Portfolio

8.15.5. Financial Performance (As per availability)

8.15.6. Key News

8.16 Zibo Jinjiyuan Abrasives Co.,Ltd.

8.16.1. Company Overview

8.16.2. Key Executives

8.16.3. Operating Business Segments

8.16.4. Product Portfolio

8.16.5. Financial Performance (As per availability)

8.16.6. Key News

8.17 HENGEGROUP

8.17.1. Company Overview

8.17.2. Key Executives

8.17.3. Operating Business Segments

8.17.4. Product Portfolio

8.17.5. Financial Performance (As per availability)

8.17.6. Key News

8.18  Rock & Gem company Ltd.

8.18.1. Company Overview

8.18.2. Key Executives

8.18.3. Operating Business Segments

8.18.4. Product Portfolio

8.18.5. Financial Performance (As per availability)

8.18.6. Key News

8.19 Xinyang Jinbo Abrasives Co., Ltd

8.19.1. Company Overview

8.19.2. Key Executives

8.19.3. Operating Business Segments

8.19.4. Product Portfolio

8.19.5. Financial Performance (As per availability)

8.19.6. Key News

8.20 Swarovski Gemstones

8.20.1. Company Overview

8.20.2. Key Executives

8.20.3. Operating Business Segments

8.20.4. Product Portfolio

8.20.5. Financial Performance (As per availability)

8.20.6. Key News

Global Corundum Market Segmentation

Corundum by Type: Market Size & Forecast 2023-2030

• Emery
• Ruby
• Sapphire

Corundum by Application: Market Size & Forecast 2023-2030

• Jewelry
• Abrasive
• Refractory
• Mineral
• Electrical and Electronics

Corundum by Geography: Market Size & Forecast 2023-2030

• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Major Players:

• Henan Province Mineral Products Import & Export Corporation
• Shandong Donghai International Trade Co., Ltd.
• Zibo Taigang Trading Co., Ltd.
• Henan Province Gold Group Co., Ltd.
• Shandong Taian Zhongtian Machinery Co., Ltd.
• Henan Province Mineral Investment Group Co., Ltd.
• Shandong Province Mining Group Co., Ltd.
• Zibo Tongtai Minerals Co., Ltd.
• Hebei Province Mining Group Co., Ltd.
• Jiangsu Province Mining Group Co., Ltd.
• ALTEO
• K. A Refractories Co.,Ltd
• Mineralmühle Leun
• Rau GmbH & Co. KG
• RIKEN CORUNDUM CO.,LTD.
• RUSAL
• Zibo Jinjiyuan Abrasives Co.,Ltd.
• HENGEGROUP
• Rock & Gem company Ltd.
• Xinyang Jinbo Abrasives Co., Ltd
• Swarovski Gemstones