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Zirconium Market Growth with Trends, Analysis by Regions, Type, Application, Restraints, and Top 10 Key Players Profile and Forecast to 2031 | Australian Strategic Materials Ltd, Base Resources Limited, Iwatani Corporation
Zirconium Market
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What is the projected growth of the Global Zirconium market?
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.
What is Zirconium Market?
Zirconium is a strong, corrosion-resistant metal commonly used in nuclear reactors, aerospace applications, and medical implants due to its high heat resistance and biocompatibility. It is derived primarily from zircon minerals and is known for its ability to withstand harsh environments without reacting with most acids and alkalis. Additionally, zirconium is used in ceramics, coatings, and specialty alloys, enhancing durability and performance in various industrial applications.
Who are the major players in the Zirconium market?
The prominent players in Zirconium market research report are: 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. The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
On August 3, 2023, ASM and USA Rare Earth signed a five-year agreement for the supply of neodymium iron boron (NdFeB) alloy.
On May 11, 2023, Eramet began its first audit under the Initiative for Responsible Mining Assurance, reinforcing its CSR commitments.
In August 2023, Iluka announced plans to build a rare earth oxide refinery at Eneabba, Australia, backed by a A$1.25 billion non-recourse loan from the Australian government.
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Market Segments
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
The Zirconium industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Zirconium Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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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
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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