Malaysia Corundum Market (2025-2031) Outlook | Industry, Growth, Value, Companies, Revenue, Forecast, Size, Analysis, Share & Trends

Malaysia Corundum Market Synopsis

The corundum market in Malaysia is highly competitive, with a few established players dominating the industry. In 2018, total production of corundum was estimated to be around 1.71 million tonnes. Domestic consumption stood at 1.2 tonnes while exports accounted for about 0.4 million tonnes over the same period. China is the key export destination for Malaysiacorundum, accounting for more than 80% of its exports in 2018.

Market Drivers of the market

The Malaysia corundum market is expected to experience steady growth in the forecast period. Corundum, a mineral commonly used as an abrasive material, finds applications in various industries, including manufacturing, electronics, and automotive. The growth of these industries in Malaysia is expected to drive the demand for corundum. Furthermore, the increasing use of corundum in the production of ceramics and refractory materials is likely to boost market growth. Additionally, the rise in infrastructure projects and construction activities in the country is anticipated to fuel the demand for corundum-based products.

Challenges of the market

The Malaysia corundum market, being a key material used in various industries like abrasives, refractories, and electronics, faces challenges related to price fluctuations and competition from synthetic alternatives. Depending on the global supply and demand dynamics, the cost of natural corundum can vary significantly, impacting profit margins for businesses reliant on this material. Manufacturers and users may also consider synthetic substitutes, which can be more affordable. To navigate these challenges, businesses should explore diversifying their product offerings, investing in research to enhance the applications of corundum, and developing strategic partnerships to secure stable supply chains.

Covid-19 Impact on the market

The COVID-19 pandemic impacted the Malaysia corundum market in several ways. Supply chain disruptions and reduced industrial activities during lockdowns affected the demand for abrasives and refractories that use corundum. However, the market experienced a surge in demand from the electronics industry as the use of electronic devices increased during remote work and online activities. As industries recover and resume normal operations, the demand for corundum in traditional applications is likely to rebound. Additionally, manufacturers should explore new opportunities in emerging industries like electric vehicles and renewable energy, which may further drive the demand for corundum-based products.

Key Players of the market

The Malaysia corundum market is expected to reflect steady growth, driven by industrial applications such as abrasives, refractories, and electronics. Key players in this market may encompass international suppliers like Saint-Gobain, Almatis, Imerys, and local manufacturers that provide corundum products to various industries.

Key Highlights of the Report:

• Malaysia Corundum Market Outlook
• Market Size of Malaysia Corundum Market, 2024
• Forecast of Malaysia Corundum Market, 2031
• Historical Data and Forecast of Malaysia Corundum Revenues & Volume for the Period 2021-2031
• Malaysia Corundum Market Trend Evolution
• Malaysia Corundum Market Drivers and Challenges
• Malaysia Corundum Price Trends
• Malaysia Corundum Porter's Five Forces
• Malaysia Corundum Industry Life Cycle
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Type for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Emery for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Ruby for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Sapphire for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Applications for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Jewellery for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Abrasive for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Refractory for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Mineral for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Electrical and Electronics for the Period 2021-2031
• Historical Data and Forecast of Malaysia Corundum Market Revenues & Volume By Other Applications for the Period 2021-2031
• Malaysia Corundum Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Applications
• Malaysia Corundum Top Companies Market Share
• Malaysia Corundum Competitive Benchmarking By Technical and Operational Parameters
• Malaysia Corundum Company Profiles
• Malaysia Corundum Key Strategic Recommendations