Zirconium Market is Set to Reach Huge Growth from 2024-2031 | Australian Strategic Materials Ltd, Base Resources Limited, Iwatani Corporation, Eramet SA, Iluka Resources Limited,

Zirconium Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Global Zirconium Market reached USD 1.4 billion in 2022 and is expected to reach USD 2.5 billion by 2030, growing with a CAGR of 6.9% during the forecast period 2024-2031.

Zirconium is a chemical element with the symbol Zr and atomic number 40. It is a silvery-white, strong, corrosion-resistant metal commonly used in various industrial applications, such as in nuclear reactors, ceramics, and dental materials. Zirconium is known for its high resistance to heat and oxidation, making it an essential material in high-temperature environments.

List of the Key Players in the Zirconium Market:

Australian Strategic Materials Ltd, Base Resources Limited, Iwatani Corporation, Eramet SA, Iluka Resources Limited, Kenmare Resources Plc, Rio Tinto Group, Saint-Gobain ZirPro, Tosoh Corporation, Tronox Holdings Plc

Industry Development:

On August 3, 2023, ASM and USA Rare Earth entered into a long-term metal sales and tolling framework agreement. This agreement includes a five-year contract for the supply of neodymium iron boron (NdFeB) alloy with USA Rare Earth, LLC.

On May 11, 2023, Eramet announced the commencement of its first audit under the Initiative for Responsible Mining Assurance (IRMA) framework, emphasizing its commitment to corporate social responsibility (CSR).

In August 2023, Iluka revealed plans to build one of the world's few rare earth oxide refineries at Eneabba in Western Australia. This initiative follows a strategic partnership with the Australian government, which provided Iluka with a non-recourse loan of A$1.25 billion to fund the refinery construction.

Growth Forecast Projected:

The Global Zirconium Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Zirconium Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Zirconium Market:

By Type: Zircon, Zirconia, Others

By Form: Crystal, Powder

By Process: Hydrothermal Method, Precipitation Method

By End-User: Ceramic, Foundry Sands & Coatings, Refractory, Chemical, Glass, Nuclear Power, Cosmetics, Food Packaging, Healthcare, Industrial, Papers, Others

Regional Analysis for Zirconium Market:

The regional analysis of the Zirconium Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Zirconium market?

➠ Who are the leading manufacturers in the global Zirconium industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Zirconium industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Zirconium market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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