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Zircon Sand Market Size, Share and Forecast 2026 | Segmentation, Key Insights and Company Profiles
Recent research and the current scenario as well as future market potential of Zircon Sand Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026Zircon sand is defined as a common accessory to trace mineral constituent of most granite and felsic igneous rocks. This sand possess excellent hardness, durability, and chemical inertness. Zircon persists in sedimentary deposits and is a common constituent of various kinds of sands. It is a mineral which belongs to the nesosilicates group. Its chemical name is zirconium silicate, and its chemical formula is ZrSiO4. Zircon sand forms in silicate melts with large proportions of high field strength incompatible elements. For instance, in terms of constituent particles,1% to 4% of hafnium is often present in zircon sand. The crystal structure of zircon sand is tetragonal crystal system. The natural color of zircon sand varies between colorless, yellow-golden, red, brown, blue, and green. Zircon sand occurs as a common accessory mineral in igneous rocks (as primary crystallization products), in metamorphic rocks, and as detrital grains in sedimentary rocks. Zircon sand is heat and corrosion resistant. It possess uranium and thorium content. Zircon sand is mainly utilized as an opacifier, and is known to be used in the decorative ceramics industry. It is a principal precursor to metallic zirconium, although this application is small, and to all compounds of zirconium including zirconium dioxide (ZrO2).
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Zircon Sand Market: Market Demand
Factors such as rise in the demand from the ceramic industry owing to rapid urbanization and surge in consumption of ceramic tiles is driving the zircon sand market. Additionally, surge in demand for zircon sand from the foundry industry is also anticipated to propel the zircon sand market. However, factors such as gap between demand and supply is likely to hinder the zircon sand market. Furthermore, high tariffs and stringent mining policies are expected to hamper the zircon sand market.
Zircon Sand Market: Key Segments
Based on application, the global zircon sand market can be segmented into ceramics idol manufacturing, molding purposes, casting procedure, and others. In terms of end-use industry, the zircon sand market can be divided into ceramics, refractory materials, medical & health care, building & construction, and others. The building & construction segment is projected to hold a significant share of the zircon sand market owing to rise in investment in the building & construction industry during the forecast period.
Zircon Sand Market: Regional Outlook
Based on geography, the global zircon sand market can be categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In terms of volume, Asia Pacific accounts for a dominant share of the zircon sand market owing to the rise in investments in the building & construction industry whereas in terms of revenue, North America follows Asia Pacific region. The market in Europe is anticipated to expand at a considerable CAGR during the forecast period.
Zircon Sand Market: Key Players
Key players operating in the global zircon sand market include Alkane Resources Limited, Allegheny Technologies Inc., Australian Zircon NL, Bemax Resources Limited, Neo Materials Technologies Inc., Kenmare Resources Plc., E.I. DuPont de Nemours, Foskor Limited, Luxfer Group, Molycorp Inc., New Energy Holdings Limited, Richards Bay Minerals, Oxkem Limited, Tronox Limited, and Zhejiang Jinkun Zirconium Industry Company Limited.
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MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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