Zirconia Market was valued nearly US$ 5.34 Bn. in 2022. Zirconia Market size is estimated to grow at a CAGR of 6.8% & is expected to reach at US$ 8.46 Bn. by 2029.
Zirconia Market Overview:
The primary goal of this research is to assist the user in understanding the Zirconia Market in terms of definition, segmentation, market potential, significant trends, and the problems that the Zirconia industry faces in key regions and nations. The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
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Zirconia Market Scope:
The market statistics and information were obtained from credible sources such as websites, annual reports of businesses, journals, and others, and were examined and validated by industry professionals.
Zirconia Market Segmentation:
The market is divided into Ceramics, Refractories, Zircon Chemicals, Foundry Sand, and Other segments based on type. Over the course of the forecast, the ceramic sector is anticipated to rule the Zirconia market. Zirconia ceramic is a superior industrial ceramic material that can withstand heat and is chemically inserted. High wear and crack propagation resistance are characteristics of zirconia ceramic. Clay and other composite material pottery is decorated with zirconia ceramic. All of these characteristics of zirconia ceramic are anticipated to boost market expansion.
The market is divided into crystal and powder segments based on form. The biggest market share for zirconia in 2022 belonged to the powder segment, which is predicted to rule the market during the forecast period. Alloys with a wide range of industrial applications are made using zirconia powder. The fabrication of nuclear fuel rods and other components for nuclear reactors uses zirconia powder, which is anticipated to propel the expansion of the zirconia market.
The market is divided into Biomaterials, Mechanical Components, Automotive Exhaust Treatment, Wear-Resistant Products, Special Tools, and Others based on Application. Over the course of the forecast, the biomaterials sector is anticipated to rule the market. The use of zirconia in medical applications reduces the aging of the material's physical attributes. The usage of biomaterials with zirconia as a base for hard tissue reconstruction is anticipated to drive the market's growth in this area.
1 Global Zirconia Market, by Product (2022-2029)
• Industrial Zirconium Oxide
• Ultrafine Zirconium Oxide
• Others
2 Global Zirconia Market, by Type (2022-2029)
• Ceramics
• Refractories
• Zircon Chemicals
• Foundry Sand
• Others
3 Global Zirconia Market, by Forms (2022-2029)
• Crystal
• Powder
4 Global Zirconia Market, by Process (2022-2029)
• Hydrothermal Method
• Precipitation Method
5 Global Zirconia Market, by Application (2022-2029)
• Biomaterials
• Mechanical Components
• Automotive Exhaust Treatment
• Wear-Resistant Products
• Special Tool
• Others
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Zirconia Market Key Players: The study discusses the key market players who are engaged in the industry, such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors, and so on. The key players in the Zirconia market are
• ZIRCOMET LIMITED
• Saint-Gobain
• HC Starck Tungsten GmbH
• American Elements
• Tronox Holdings plc
• DuPont
• Alkane Resources Ltd
• Astron Limited
• ATI
• Australian Zircon NL
• Exxaro
• Bemax Resources Limited
• Rio Tinto
• DAIICHI KIGENSO KAGAKU KOGYO CO., LTD.
• Tosoh Corporation
• Solvay
• INNOVNANO
• Luxfer MEL Technologies
• KCM Corporation
• Sinoceramics, Inc.
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Regional Analysis:
The report focuses on Global Regions and Market Size of Zirconia, and development forecast 2021-2027, including industries, major players, suppliers worldwide, and market share by regions, with company and product introduction, position in the market including their market status and development trend by types and applications, which will provide its price and profit status, and marketing status, with 2020 as the base year.
COVID-19 Impact Analysis on Zirconia Market:
The report discusses the impact of COVID-19: Since the breakout of the COVID-19 virus in December 2019, the disease has spread to practically every country on the planet, prompting the WHO to declare it a public health crisis. The worldwide effects of the coronavirus epidemic are already being noticed, and they will have a considerable influence on the Zirconia industry in 2021.
Key Questions Answered in the Zirconia Market Report are:
- What is the function of Zirconia?
- What is the predicted revenue generation of the Zirconia market?
- At what growth rate is the Zirconia market evolving?
- Who are the major market giants operating in the Zirconia market?
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