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Zirconium - Global Strategic Business Report

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    Report

  • 420 Pages
  • November 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 338438
The global market for Zirconium is estimated at 1.1 Million Metric Tons in 2023 and is projected to reach 1.3 Million Metric Tons by 2030, growing at a CAGR of 3.2% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the zirconium market is driven by several factors. The increasing demand for nuclear energy as a clean and efficient power source has bolstered the need for zirconium in reactor construction and maintenance. The rise of advanced manufacturing and the push for more durable, lightweight materials in the aerospace and automotive industries have further stimulated market growth. Additionally, the expanding medical and dental sectors, seeking biocompatible materials for implants and devices, have contributed to the increased use of zirconium. The development of new zirconium-based materials and compounds, driven by continuous research and innovation, has opened up new applications and markets. Environmental regulations and the shift towards sustainable industrial practices also play a role, as zirconium`s corrosion resistance and durability can extend the lifespan of equipment, reducing waste and maintenance costs. These factors collectively drive the robust growth of the zirconium market, highlighting its critical role in modern technology and industry.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Zircon segment, which is expected to reach 949.4 Thousand Metric Tons by 2030 with a CAGR of a 3.3%. The Zirconia segment is also set to grow at 2.9% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at 91.7 Thousand Metric Tons in 2023, and China, forecasted to grow at an impressive 2.8% CAGR to reach 579.1 Thousand Metric Tons by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Zirconium Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Zirconium Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Zirconium Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Compagnie de Saint-Gobain S.A., Eramet Group, Carborundum Universal Ltd., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 89 Featured):

  • Compagnie de Saint-Gobain S.A.
  • Eramet Group
  • Carborundum Universal Ltd.
  • Glidewell Laboratories
  • Imperial Metal Industries Limited
  • Iluka Resources Ltd.
  • Japan New Metals Co., Ltd.
  • KCM Corporation
  • Alkane Resources Ltd.
  • Luxfer Holdings PLC
  • DuraTech Industries
  • Foskor Pty., Ltd.
  • China Metallurgical Information and Standardization Institute (CMISI)
  • Matrix (Guangzhou) Metamaterials Co.,Ltd.
  • Alliance Design and Development Group, Inc.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Zirconium: An Overview
  • Sources
  • Substitutes
  • Manufacturing Process
  • Types of Zirconium
  • A Note on Hafnium and Titanium
  • Major End-Use Applications of Zirconium
  • Zirconium: Strong, Malleable, Ductile Metal with Excellent Corrosion Resistance
  • Myriad End-Use Applications Drive Demand
  • Global Market Outlook: Zirconium Holding Intriguing Prospects for Future Applications
  • Regional Analysis: Strong Chinese Demand and Restricted Supply
  • Australia and South Africa: Dominant Countries Worldwide in Terms of Zirconium Reserves and Production
  • Competitive Landscape
  • Recent Market Activity
  • Select Innovations
  • Select Global Brands
  • Zirconium - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Ceramics: Major End-Use Sector
  • Relevance in Refractories & Foundries Favors Growth
  • Investment Casting: A Major Application Area in the Foundries Vertical
  • Increasing Use of Zirconium in Sand Casting Bodes Well
  • Intriguing Properties Bolster Zirconia Demand in Ceramics & Foundry Applications
  • Opportunities in Nuclear Power Generation Sector
  • Heat Resistant Properties Encourage Use in the Aerospace & Defense Industry
  • Global Fleet Size of Commercial Aircraft by Region (in Units) for the Years 2018 and 2038
  • Rising Use of Orthopedic and Dental Implants Boosts Market Demand
  • Zirconium Emerges as a Strong and Reliable Material for Dental and Orthopedic Implants
  • Zirconia Displays Bright Shine in Dental Crowns Space
  • CAD/CAM Technology Enables Zirconia to Scale New Heights in Dental Restoration Applications
  • Multilayer Zirconia Transforms Dental Prosthetics Industry with Sparkling Applications
  • Zirconium Oxide Nanoparticles Offer Lucrative Growth Opportunities
  • Cubic Zirconia or Fake Diamonds: Another Application of Zirconia Mineral with Huge Untapped Potential
  • Established Use Case in Chemical Industry Augurs Well
  • Zirconium Use in Coatings Gain Momentum
  • Emerging and Newer Applications Augur Well
  • Urbanization Favors Demand for Zirconium-based Sophisticated Products
  • World Urban Population in Thousands: 1950-2050P
  • Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
  • Percentage of Urban Population in Select Countries for 2018, 2020, 2030, 2040 and 2050
  • Key Factors Hampering Market Prospects for Zirconium
  • Alternate Minerals
  • Health and Environmental Effects of Zirconium
  • Discontinued Use of Zirconium in TV Glass
  • Challenges Associated with Usage in Dental Implants
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Zircon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Zircon by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2022 and % CAGR
  • Table 3: World 16-Year Perspective for Zircon by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Zirconia by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Zirconia by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2022 and % CAGR
  • Table 6: World 16-Year Perspective for Zirconia by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Other Occurrence Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Other Occurrence Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2022 and % CAGR
  • Table 9: World 16-Year Perspective for Other Occurrence Types by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for Ceramics by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2022 and % CAGR
  • Table 12: World 16-Year Perspective for Ceramics by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Chemicals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2022 and % CAGR
  • Table 15: World 16-Year Perspective for Chemicals by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Refractories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Refractories by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2022 and % CAGR
  • Table 18: World 16-Year Perspective for Refractories by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for Foundries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for Foundries by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2022 and % CAGR
  • Table 21: World 16-Year Perspective for Foundries by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2022 and % CAGR
  • Table 24: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 25: World Zirconium Market Analysis of Annual Sales in Metric Tons for Years 2014 through 2030
  • Table 26: World Recent Past, Current & Future Analysis for Zirconium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2023 through 2030 and % CAGR
  • Table 27: World Historic Review for Zirconium by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in Metric Tons for Years 2014 through 2022 and % CAGR
  • Table 28: World 16-Year Perspective for Zirconium by Geographic Region - Percentage Breakdown of Volume Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
  • Market Overview
  • US Zircon Market (2013-2019): Prices in US$ Per Metric Ton
  • Strong Growth in Bioceramics Applications to Benefit Market Demand
  • Advanced Ceramics Market in the US (2019): Percentage Breakdown of Demand by Raw Material Type
  • Imports/Exports Scenario
  • US Market for Zirconium Ores and Concentrates (2019): Percentage Breakdown of Value Exports by Destination
  • US Market for Zirconium Ores and Concentrates (2019): Percentage Breakdown of Value Imports by Origin
  • US Zircon (ZrO2 Content) Imports in Metric Tons: 2014-2019
  • US Zircon (ZrO2 Content) Exports in Metric Tons: 2014-2019
CANADA
  • Import Scenario
  • Canadian Market for Zirconium Ores and Concentrates (2019): Percentage Breakdown of Value Imports by Origin
JAPAN
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
  • Rising Prominence of Advanced Ceramics Spurs Demand for Zirconium
CHINA
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
  • China: Largest Producer of Zirconium Chemicals Worldwide
  • Chinese Zirconium Market (2011-2019E): Annual Mine Production in Thousand Metric Tons
  • China Continue to Witness Significant Demand for Zircon
  • Thriving Biomaterials Market in the Country Drives Demand for Zirconium
  • Rising Demand for Advanced Ceramics Benefits Growth Prospects for Zirconium
  • China to Limit Rare Mineral Exploitation
EUROPE
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
  • Steady Growth in Demand for Advanced Ceramics Benefits Market Prospects
  • Growing Dental Biomaterials Market in Europe Offers Growth Opportunities
FRANCE
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
  • Growing Market for Dental Bone Graft Substitutes and Biomaterials Propel Demand for Zirconium
AUSTRALIA
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
  • Australia: Largest Producer of Zirconium Worldwide
  • Australian Zircon Market (2011-2019E): Zircon Production Volume in Thousand Metric Tons
INDIA
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
  • Upward Movement of the Chemical Industry Improves Demand Prospects for Zirconium
  • Rising Demand for Orthopedic Biomaterials Spurs Growth
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Zirconium Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
  • South Africa: A Major Producer of Zirconium
  • South African Zircon Market (2011-2019E): Zircon Production Volume in Thousand Metric Tons
IV. COMPETITION

Companies Mentioned

  • Compagnie de Saint-Gobain S.A.
  • Eramet Group
  • Carborundum Universal Ltd.
  • Glidewell Laboratories
  • Imperial Metal Industries Limited
  • Iluka Resources Ltd.
  • Japan New Metals Co., Ltd.
  • KCM Corporation
  • Alkane Resources Ltd.
  • Luxfer Holdings PLC
  • DuraTech Industries
  • Foskor Pty., Ltd.
  • China Metallurgical Information and Standardization Institute (CMISI)
  • Matrix (Guangzhou) Metamaterials Co.,Ltd.
  • Alliance Design and Development Group, Inc.