Zirconium Market - Global Industry Analysis, Size, Share &Trends 2025 Zirconium Market
Zirconium Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2025
Zirconium is a very strong, malleable, ductile, lustrous silver-gray metal.
Zirconium is extremely resistant to heat and corrosion. Zirconium is lighter than
steel and its hardness is similar to copper. When it is finely divided, the metal can
spontaneously ignite in air, especially at high temperatures.
According to BlueWeave Consulting, The Global Zirconium Market is expected to
grow with a significant rate during the forecast period 2019-2025 owing to major
demand of zirconium in various industry such as ceramics, medical, automobile, and
nuclear power industry.
Demand for zirconium-based construction materials such as sanitary ware and
tableware, uses of zirconium alloys in dental implants which give high fracture
toughness will boost zirconium market in upcoming year. Moreover, the major factor
driving the market growth is the growing use of zirconium in foundries and refractories.
Global Zirconium Market Competitive Landscape
Companies, such Tosoh, Iluka Resources, Tronox, Richards Bay Minerals, Foskor,
Alkane Resources, Astron, Kenmare Resources, Moly, Astron Advanced Materials, Wah
Chang, Australian Zircon, EI DuPont de Nemours, Bemax Resources, Exxaro Resources,
Luxfer Group, Rio-Tinto, Smartac Group China Holdings, and Namakwa Sand are the
key players in manufacturing Zirconium.
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Zirconia Occurrence- type of Zirconium market is projected to be the leading
segment of the overall market during the forecast period
On the basis of product type, the Zirconium market has been segmented into Zircon,
Zirconia, and others. Zirconia dominates the global Zirconium owing to its good
chemical and corrosion inertness at very high temperatures along with very high
mechanical strength and wear resistance, due to such physical, chemical and
mechanical properties; it is used as an important refractory material. Furthermore, it is
also used in insulation, enamels and in the manufacture of abrasives. Zircon market will
drive by rise in demand of use of zircon in ceramics, television glass, and refractory and
foundry applications.
Ceramics is projected to leading industry for utilizing applications of the
Zirconium during forecast period
On the basis of application, the global Zirconium market has been segmented into
Ceramics, Refractories, Foundry Sand, Zircon Chemicals and Others. By application
type, Ceramics will lead the market owing to growth the construction industry. The
residential segment of the construction industry uses ceramics in sanitary ware,
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