Market Overview:
The global artificial carborundum market is expected to register a CAGR of 5.8% during the forecast period, 2018-2030. The growth in the market can be attributed to the increasing demand for artificial carborundum from various applications, such as rings, earrings, pendants and others. Additionally, factors such as rising disposable income and growing awareness about artificial carborundum are also contributing to the growth of this market. However, fluctuations in prices of raw materials used for manufacturing artificial carborundum may restrain the growth of this market to some extent during the forecast period. Based on type, green silicon carbide is expected to account for a major share of the global artificial carborundum market during 2018-2030. This can be attributed to its properties such as high thermal stability and low reactivity with other materials that make it suitable for use in various applications.
Product Definition:
Artificial carborundum is a synthetic form of the mineral corundum. It is made by heating aluminum oxide and silicon carbide together in a furnace. Artificial carborundum has many uses, including as an abrasive, in optical coatings, and as a component of high-temperature refractories.
Green Silicon Carbide:
Green silicon carbide, also known as carborundum or CBN is a solid material of carbon and silicon. It's chemical formula is (C Si)2O8. It occurs in nature as Sillicon vein ore and has been used by humans for thousands of years to make arrow heads, spear points, knives & tomahawks among other tools.
Black Silicon Carbide:
Black silicon carbide is a type of carbon, which has a very high melting point. It is used as an abrasive and in the production of artificial carborundum. Artificial carborundum is used for the preparation of sintered rotors and cast irons, which are widely utilized in various end-use industries such as automotive industry and aerospace industry.
Application Insights:
The rings application segment led the global market in 2017. The product is used to manufacture engine components including pistons, liners, and bearings. Engine components made using artificial carborundum exhibit higher wear resistance as compared to their counterparts, which enables a longer engine life.
Artificial carborundum is also used in the manufacturing of wedding rings and other jewelry items. Increasing consumer preference for luxury goods coupled with rising demand from automotive manufacturers are expected to drive the demand for jewelry products containing artificial carborundum over the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for artificial jewelry in countries, such as India, China, Japan, and Australia. In addition, rising disposable income levels are expected to drive the regional market over the forecast period.
The Europe market was valued at USD X million in 2017 and is projected to witness significant growth over the forecast period on account of high product demand from various application segments including rings & necklaces; earrings; pendants; others. The region dominated by technological advancements coupled with stringent regulations aimed at reducing carbon footprint associated with mining natural carborundum products will continue influencing industry dynamics favorably over the coming years.
North America accounted for a major share in terms of revenue due mainlyto high production volumes attained by Silicon Carbide Corporation (SCC) which holds majority shares across U.S.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for artificial carborundum abrasives owing to their high performance characteristics.
- Rising demand for artificial carborundum in the construction and metalworking industries due to its superior grinding and cutting properties.
- Growing use of artificial carborundum as a blasting agent in various end-use applications such as surface preparation, paint stripping, etc.
- Increasing research and development activities by key players to develop new products with better performance attributes that can cater to specific requirements of different end-use segments.
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Carborundum Market Research Report
By Type
Green Silicon Carbide, Black Silicon Carbide
By Application
Rings, Earrings, Pendants, Others
By Companies
Charles & Colvard, Moissanite International, Amora, HRB Exports, Viktor Kämmerling, Stars Gem, Wuzhou Changsheng Gems, Unimoss, Charles & Colvard
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Artificial Carborundum Market Report Segments:
The global Artificial Carborundum market is segmented on the basis of:
Types
Green Silicon Carbide, Black Silicon Carbide
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rings, Earrings, Pendants, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Charles & Colvard
- Moissanite International
- Amora
- HRB Exports
- Viktor Kämmerling
- Stars Gem
- Wuzhou Changsheng Gems
- Unimoss
- Charles & Colvard
Highlights of The Artificial Carborundum Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Green Silicon Carbide
- Black Silicon Carbide
- By Application:
- Rings
- Earrings
- Pendants
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artificial Carborundum Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial carborundum is a type of abrasive material that is made from a mixture of boron and carbon. It is used to remove paint, rust, and other contaminants from surfaces.
Some of the major players in the artificial carborundum market are Charles & Colvard, Moissanite International, Amora, HRB Exports, Viktor K¤mmerling, Stars Gem, Wuzhou Changsheng Gems, Unimoss, Charles & Colvard.
The artificial carborundum market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Artificial Carborundum Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Artificial Carborundum Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Artificial Carborundum Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Artificial Carborundum Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Artificial Carborundum Market Size & Forecast, 2020-2028
4.5.1 Artificial Carborundum Market Size and Y-o-Y Growth
4.5.2 Artificial Carborundum Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Green Silicon Carbide
5.2.2 Black Silicon Carbide
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Rings
6.2.2 Earrings
6.2.3 Pendants
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Artificial Carborundum Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Artificial Carborundum Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Green Silicon Carbide
9.6.2 Black Silicon Carbide
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Rings
9.10.2 Earrings
9.10.3 Pendants
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Green Silicon Carbide
10.6.2 Black Silicon Carbide
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Rings
10.10.2 Earrings
10.10.3 Pendants
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Green Silicon Carbide
11.6.2 Black Silicon Carbide
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Rings
11.10.2 Earrings
11.10.3 Pendants
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Green Silicon Carbide
12.6.2 Black Silicon Carbide
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Rings
12.10.2 Earrings
12.10.3 Pendants
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Green Silicon Carbide
13.6.2 Black Silicon Carbide
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Rings
13.10.2 Earrings
13.10.3 Pendants
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Artificial Carborundum Market: Competitive Dashboard
14.2 Global Artificial Carborundum Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Charles & Colvard
14.3.2 Moissanite International
14.3.3 Amora
14.3.4 HRB Exports
14.3.5 Viktor Kämmerling
14.3.6 Stars Gem
14.3.7 Wuzhou Changsheng Gems
14.3.8 Unimoss
14.3.9 Charles & Colvard
