Zirconium Dioxide Market – How the ceramics applications is deriving the industry trends?

Global Zirconium Dioxide Market is projected to witness massive growth in the coming years driven by rapid adoption of the product across a slew of application verticals including ceramics, jewelry making, abrasives, dental and refractory purposes. The product is also gaining immense traction from its rising usage in the manufacture of nanoparticles. Desirable properties associated with the product such as high mechanical strength, excellent creep resistance, high corrosion resistance, and stability under thermal stress is further driving worldwide zirconium dioxide market outlook.

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Augmenting demand for ceramic tiles from rising construction of airports, education institutes, and transport infrastructure across the globe is generating steady zirconium dioxide market demand. The product has also witnessed considerable deployment in the field of medical ceramics driven by the rising rate of knee and hip replacement surgeries, cosmetic procedures, and wound healing surgical techniques. Furthermore, strengthening economic activity on a global scale and towering demand for ceramics from heavy machineries, automotive, and defense industries is triggering zirconium dioxide market size.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Zircomet
2. Saint-Gobain ZirPro
3. American Elements
4. Tosoh Corporation
5. Showa Denko K.K.
6. H.C. Starck
7. Jiangxi Kingan Hi-tech Co. Ltd.
8. Alkane Resources
9. ATI
10. TAM Ceramics

Global 99.5% purity zirconium market size is expected to exceed USD 39.5 million by 2025. The growth can be attributed to the rising demand of the product from medical ceramic, refractory and construction applications. The product will witness massive traction from refractory purposes segment primarily driven by the expanding steel and cement sectors. Global 99.5% purity zirconium market size from refractory purposes application is estimated to accumulate gains over USD 17.5 million by 2025.

China and Germany are prominent revenue pockets for 99.5% purity segment. While market demand in China is mainly attributed to the growth of the retail sector and vigorous infrastructural & residential constructional activities, the key impetus behind Germany market growth is substantial product innovation and the upsurge in the demand for medical procedures involving the use of ceramics. As per the estimates, Germany 99.5% purity zirconium dioxide market share is slated to surpass USD 1 million by 2025. Meanwhile, China 99.5% zirconium dioxide market from ceramic applications is anticipated to record a CAGR of 4.5% over 2019-2025.

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North America led by the US, Mexico and Canada is likely to exhibit bright prospects for zirconium dioxide market. In 2018, North America zirconium dioxide market size surpassed USD 15 million. Factors such as increased demand for cosmetic surgeries, favorable reimbursement landscape, and technological advancements are reinforcing demand for zirconium dioxide. In addition, rise in region's elderly population has consequently boosted the demand for ceramic-based medical procedures such as dental implants and knee & hip replacement procedures, which is expected to further fuel market trends.

Table Of Content For This Research Report:

Chapter 3 Zirconium Dioxide Market Insights

3.1 Industry segmentation

3.2 Zirconium dioxide market landscape, 2014 - 2025

3.3 Zirconium dioxide market ecosystem analysis

3.3.1 Vendor matrix

3.3.2 Distribution channel analysis

3.3.2.1 Distributors

3.3.2.2 Technology providers

3.4 Technology landscape

3.5 Pricing analysis

3.5.1 Zirconium dioxide 99% purity

3.5.2 Zirconium dioxide 99.5% purity

3.6 Regulatory landscape

3.6.1 U.S.

3.6.2 Europe

3.6.3 China

3.7 Industry impact forces

3.7.1 Growth drivers

3.7.1.1 North America: Booming dental implants industry

3.7.1.2 Europe: Rising demand for medical ceramics

3.7.1.3 Asia Pacific: Growing demand from foundries and ceramics industry

3.7.2 Industry pitfalls & challenges

3.7.2.1 High product prices

3.8 Innovation & sustainability

3.9 Growth potential analysis, 2018

3.9.1 Emerging business model

3.9.1.1 New product launches

3.9.1.2 Acquisition

3.10 Porter’s analysis

3.11 Competitive landscape, 2018

3.11.1 Company market share analysis, 2018

3.11.2 Strategy dashboard

3.12 PESTEL analysis

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