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Nano Composite Zirconia Market Size
Nano composite zirconia Market is likely to grow substantially between 2024 and 2032, driven by a strong product demand across aerospace and automotive sectors. The increase in the utilization of these materials in dentistry is being driven by their superior corrosion resistance and aesthetic properties.
The exceptional mechanical attributes, including high strength and fracture toughness, make it a preferred material for various applications in automotive and healthcare industries. The increasing demand for aesthetic dental restorations and implants, as nano composite zirconia offers superior aesthetics and biocompatibility compared to traditional materials, further propels the industry growth.
Nano Composite Zirconia Market Trends
As patients seek natural-looking dental restorations with improved strength and durability, nano composite zirconia emerges as a preferred material choice for crowns, bridges, and implants. Additionally, advancements in manufacturing technologies have led to the product development with enhanced translucency and color-matching capabilities, further fueling the adoption in cosmetic dental procedures. These trends will shape the nano composite zirconia industry outlook.
However, the ongoing inflation induced by raw material price hike is slated to have a negative impact on dental sector. As per reliable estimates, the global dental sector is witnessing an inflation rate of 11%. This is further expected to stagnate the demand for nano composite zirconia, hampering the market landscape.
Nano Composite Zirconia Market Analysis
Based on type, the nano zirconia segment is anticipated to record substantial gains between 2024 and 2032, driven by the use as a catalyst in a wide range of organic reactions, in dental and optical coatings, and in photocatalytic and piezoelectric applications. They are among the primary constituents of ceramic dental materials. The expanding scope of R&D in medical and dental applications will augment the product demand over the next 10 years.
The super toughened ceramics application segment is expected to hold a notable market share of by 2032, owing to the product’s physical characteristics. Nano composite zirconia provides high resistance to abrasion and wear & tear. There is an increasing demand for certain types of super hard ceramics, which not only exhibit lightweight properties but also offer exceptional strength, toughness, chemical resistance, thermal conductivity, and low thermal expansion. This heightened demand across automotive, construction, medical, and other sectors is expected to positively influence the industry outlook.
North America nano composite zirconia industry size will experience notable expansion during 2024-2032, driven by the booming dental sector and rising prevalence of dental disorders in the continent. As per National Institute of Dental and Craniofacial Research, tooth decay affects nearly 90% American adults aged 20 to 64 years, while approximately 50% of adults complain of gum disease. The emphasis on improving public healthcare infrastructure, alongside favorable reimbursement policies as well as investments in product R&D will bolster the regional market growth.
Nano Composite Zirconia Market Share
- Saint-Gobain
- Showa Denko
- Solvay
- Tosoh,
- KYOCERA
- Emperor Nano Material
- Wan Jing New Material
- Guangdong Orient
- Daiichi Kigenso Kagaku Kogyo
- Shandong Sinoc
- Ceramtec
- Huawang
- Jiangsu Lida Gaoke
- Rauschert,
- H.C. Starck
- VITA Zahnfabrik
are some of the leading suppliers in nano composite zirconia market. These conglomerates are striving to gain a competitive advantage in the industry via product launches, acquisitions, mergers, and firm expansions.
Nano Composite Zirconia Industry News
- In December 2022, Kyocera, publicized its plans of building a new manufacturing plant in Nagasaki Prefecture in Japan by 2026. Through this initiative, the firm seeked to achieve sales of more than $14.5 billion in the fiscal year ending March 2023.