Global Zirconium Dioxide Market to Surpass Consumption of 2.7 Kilo Tons By 2025

North America led by the US, Mexico and Canada is likely to exhibit bright prospects for zirconium dioxide market

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. In terms of revenue, zirconium dioxide market share is expected to surpass USD 85 million by 2025.

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The zirconium dioxide market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in Tons and revenue in USD from 2014 to 2025, for the following segments:

By Purity
• Zirconium Dioxide 99.5%
• By Application
• Ceramics
• Refractory purposes
• Dental
• Abrasives
• Jewelry
• Zirconium Dioxide 99.5%
• By Application
• Ceramics
• Refractory purposes
• Dental
• Abrasives
• Jewelry

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.

Global 99% purity market from abrasives applications should register over 3.5% gains by 2025 on account of rising focus on improving automotive efficiency and growing demand from manufacturing sector. These products find widespread usage in repairing, cleaning & deburring automobile body, accessories & interiors. Growing disposable income, booming electronics sector and government incentives to promote manufacturing activities should accelerate market growth.

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 industry 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.

U.S. in particular will witness significant demand for 99% zirconium dioxide market owing to the expanding infrastructure sector and the exponentially augmenting demand for durable goods. In terms of volume, U.S. 99% purity zirconium dioxide industry is forecast to surpass 27.5 tons by 2025.

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Saint Gobain-ZirPro, American Elements, H.C. Stark, Tosoh Corp., ATI, TAM Ceramics, and Alkane Resources are among the prominent industry participants. Several manufacturers are engaged in developing new products to attain market growth in new segments, attract more customers and achieve competitive advantage.

Some Points From Table Of Content: -

Chapter 3 Zirconium Dioxide Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 - 2025
3.3 Industry 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

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