DUBLIN--(BUSINESS WIRE)--The "Zirconium Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global zirconium market grew at a CAGR of around 5% during 2014-2019. Zirconium refers to a lustrous silver-grey transition metal that is commonly found in volcanic and plutonic rocks. It is commercially extracted from minerals, such as zirconium dioxide and zircon, and is found infused with silica, ilmenite and rutile. It exhibits various advantageous properties, such as high malleability and ductility, resistance to corrosion, heat, acids, alkalis and seawater, along with the ability to form stable compounds. It is commonly used in the manufacturing of pipes, plumbing fittings, heat exchangers, steel alloys, colored glazes, bricks, ceramics, abrasives, lamp filaments and artificial gemstones.
Significant growth in the nuclear power industry across the globe is one of the key factors driving the growth of the market. Zirconium is used for cladding or outer covering in fuel rods due to the properties, such as high structural strength and low neutron absorption. In line with this, widespread adoption of zirconium alloys for the manufacturing of flashbulbs, surgical instruments, explosive primers and rayon spinnerettes. It is also used in the manufacturing of modern porcelain tiles, due to its ability to bind with organic and inorganic sand binders, low thermal expansion and low acidity properties.
Additionally, the rising product adoption in aviation and automotive protective coatings is acting as another growth-inducing factor. Zirconium protects metallic surfaces from prolonged exposure to high temperatures, thereby making it ideal for engine components such as exhaust manifolds, cylinder heads, and pistons. Other factors, including the replacement of steel dental implants with zirconium alloys, along with extensive research and development (R&D) activities, are anticipated to drive the market further. Looking forward, the publisher expects the global zirconium market to continue its moderate growth during the next five years.
Companies Mentioned
- Alkane Resources Ltd.
- Base Resources Limited
- Doral Mineral Sands Pty Ltd. (Iwatani Corporation)
- Eramet SA
- Iluka Resources Limited
- Kenmare Resources Plc
- Rio Tinto Group
- Saint-Gobain ZirPro
- Tosoh Corporation
- Tronox Holdings Plc.
Key Questions Answered in This Report:
- How has the global zirconium market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global zirconium market?
- What is the breakup of the market based on the occurrence type?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global zirconium market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Zirconium Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Occurrence Type
6.1 Zircon
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Zirconia
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Form
7.1 Crystal
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Powder
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End Use
8.1 Ceramics
8.2 Chemicals
8.3 Foundry
8.4 Refractories
8.5 Others
9 Market Breakup by Region
9.1 North America
9.2 Asia Pacific
9.3 Europe
9.4 Latin America
9.5 Middle East and Africa
10 SWOT Analysis
11 Value Chain Analysis
12 Porters Five Forces Analysis
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/8p8bol
