Zirconium Dioxide Market Size worth over $85mn by 2025

Zirconium Dioxide Market size is set to reach USD 85 million by 2025; according to a new research report by Global Market Insights Inc.
 

Rising product demand for nanoparticle manufacture catering to the medical, electronic and steel industries should boost the zirconium dioxide market growth. It finds routine usage in various engineering applications such as nuclear fuels, bearings, nose cones of missiles & space shuttles, coatings for diesel & aircraft engines and turbines which should boost product adoption.
 

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U.S. 99% based zirconium dioxide market demand regarding abrasive applications should witness a consumption of over 27.5 tons by 2025 pertaining to booming durable goods industry and rising investment in construction sector. It is extensively used in grinding wheels and coated abrasives, on account of its excellent toughness, hardness, ability to create new sharp edges under high pressure and durability. This substance is routinely used in cut-off wheel and bonded abrasives owing to its suitability for abusive applications and rapid cut rate. Increasing cleaning & maintenance activities, growing demand for automotive finishing, and commercial vehicles should promote market growth.
 

Browse key industry insights spread across 175 pages with 251 market data tables and 21 figures & charts from the report,  “Zirconium Dioxide Market Size By Purity (99% Purity [By Application {Ceramics, Refractory Purposes, Dental, Abrasives, Jewelry}], 99.5% Purity [By Application {Ceramics, Refractory Purposes, Dental, Abrasives, Jewelry]}), Industry Analysis Report, Regional Analysis, Application Development, Price Trends, Competitive Market Share & Forecast, 2019 – 2025” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/zirconium-dioxide-market
 

Germany zirconium dioxide market for 99.5% purity should surpass USD 1 million by the end of the foreseeable period owing to booming medical ceramics industry. Growing demand for minimally invasive surgical procedures, substantial product innovation and rising prevalence of osteoarthritis should drive domestic market growth. Increasing incidence of plastic surgeries, wound healing, knee and hip replacement procedures is likely to stimulate product demand. Growing customer confidence regarding artificial implants, significant growth in healthcare infrastructure and increasing consumer purchasing power should further fuel domestic market growth.
 

China zirconium dioxide 99.5% demand from ceramic applications is estimated to register about 4.5% gains by 2025 pertaining to increasing government funding for massive infrastructure projects and retail sector growth. Rising construction & renovation activities in transport infrastructure, airports, education institutes and hospitals should increase the requirement for ceramic tiles. Significant product innovations, strong economic growth, and growing ceramics demand from defense, heavy machinery and automotive industries should trigger market growth.
 

Global 99.5% purity zirconium dioxide market size regarding refractory purposes should surpass USD 17.5 million by the end of the predicted timeframe on account of significant diversification of steel sector and booming cement & glass industries. This material finds extensive usage in refractory bricks and ceramics in the glass industry pertaining to its high corrosion resistance, stability under thermal stress, mechanical strength and creep resistance. Growing residential construction sector, upsurge in automotive production and government policies promoting infrastructure investment should accelerate market growth.
 

Showa Denko, American Elements, Saint-Gobain ZirPro, Zircomet, H.C. Stark, Alkane Resources, ATI, and TAM Ceramics are among the major industry participants in the market. Several manufacturers are engaging in strategic acquisition to strengthen their market position and achieve market growth in the ceramic tiles, aeronautics and automotive sectors.
 

The zirconium dioxide market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2014 to 2025, for the following segments:

By Purity

• Zirconium Dioxide 99.5%
  • By Application
    • Ceramics
    • Refractory purposes
    • Dental
    • Abrasives
    • Jewelry
• Zirconium Dioxide 99.5%
  • By Application
    • Ceramics
    • Refractory purposes
    • Dental
    • Abrasives
    • Jewelry

The above information is provided on a regional and country basis for the following:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Poland
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Australia
• LATAM
  • Brazil
  • Argentina
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Iran