Market Overview:
The global industrial grade zirconium oxide market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for zirconium oxide from various applications, such as refractory, ceramic, metallurgy and others. In terms of type, fused zirconium oxide is expected to dominate the market during the forecast period owing to its high purity and superior properties. In terms of application, refractory is expected to account for a major share of the global industrial grade zirconium oxide market during the forecast period. This can be attributed to its growing demand from various end-use industries across regions.
Product Definition:
Industrial grade zirconium oxide is a high purity form of the mineral zirconium dioxide (ZrO2). It is used as an abrasive, a refractory material, and in the manufacture of ceramics.
Fused Zirconium Oxide:
Fused zirconium oxide is a ceramic material, whose composition ranges from ZrO2-SiO2. It has a crystalline structure and is produced by the fusing of zirconium metal with silica sand at 1400°C for 2 to 3 hours. The product has various industrial applications such as in glass filtration, ceramics production, etc.
Chemical Zirconium Oxide:
Chemical zirconium oxide is a white crystalline solid and has the appearance of soap. It is insoluble in water and shows strong tendency for reactions with acids, alkalis & halogens. Chemical zirconium oxide can be produced by thermal decomposition or hydro-zirconation process.
Application Insights:
The global demand for the product has witnessed a paradigm shift due to rising applications in metallurgy and ceramics. The refractory segment led the global market in 2017, accounting for over 35% of the overall revenue share. Refractory products are used as raw materials by ceramic and metallurgical industries, which is expected to drive the segment growth over next few years.
Ceramic production is one of the major end-use industries for ZrO2-based products; however, its penetration is less compared to other applications such as metallurgy and refractories. Ceramic tiles are used across several end-use industries including building & construction and automotive sectors owing to their properties such as high strength (at low temperatures) coupled with excellent wear resistance (scratch & dent resistance).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Vietnam. Growing population coupled with increasing living standards have spurred product demand across Asia Pacific.
China emerged as a major consumer of zirconium oxide globally owing to rapid industrialization along with strong growth in construction sector on account of rising urban population. In addition, growing automotive industry has led to an increase in consumption of zirconium oxide products across this region since 2010s; however, due to recent COVID-19 outbreak there has been a decline in automotive production which negatively impacted ZO market growth from 2018 till mid-year 2019 (till July).
North America emerged as the second largest regional market for industrial grade zirconium oxide after Asia Pacific on account of high refractory metal usage followed by ceramics application segmentation where U.S.
Growth Factors:
- Increasing demand for zirconium oxide in various end-use industries such as automotive, aerospace, medical and others is expected to drive the market growth.
- Growing demand for zirconium oxide from emerging economies is another key factor that would fuel the market growth in the coming years.
- Rising investments by leading players for expanding their production capacities is likely to boost the market growth over the forecast period.
- Growing awareness about benefits of using zirconium oxide over other materials is projected to propel its demand in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Grade Zirconium Oxide Market Research Report
By Type
Fused Zirconium Oxide, Chemical Zirconium Oxide
By Application
Refractory, Ceramic, Metallurgy, Others
By Companies
Imerys, Saint-Gobain, Showa Denko, Daiichi Kigenso Kagaku Kogyo (DKKK), Iwatani Australia (Doral), Zircoa, Inc., Luxfer MEL Technologies, Bengbu Zhongheng, Sanxiang Advanced Materials, Zhengzhou Zhenzhong Fused New Material, Orient Zirconic, Jangxi Kingan Hi-Tech, Jingjiehui Group, Zibo Guangtong Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Grade Zirconium Oxide Market Report Segments:
The global Industrial Grade Zirconium Oxide market is segmented on the basis of:
Types
Fused Zirconium Oxide, Chemical Zirconium Oxide
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Refractory, Ceramic, Metallurgy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Imerys
- Saint-Gobain
- Showa Denko
- Daiichi Kigenso Kagaku Kogyo (DKKK)
- Iwatani Australia (Doral)
- Zircoa, Inc.
- Luxfer MEL Technologies
- Bengbu Zhongheng
- Sanxiang Advanced Materials
- Zhengzhou Zhenzhong Fused New Material
- Orient Zirconic
- Jangxi Kingan Hi-Tech
- Jingjiehui Group
- Zibo Guangtong Chemical
Highlights of The Industrial Grade Zirconium Oxide Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fused Zirconium Oxide
- Chemical Zirconium Oxide
- By Application:
- Refractory
- Ceramic
- Metallurgy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Grade Zirconium Oxide Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial grade zirconium oxide is a type of zirconium that has been treated to make it more resistant to corrosion. It is used in products that need to be resistant to corrosion, such as industrial equipment and pipes.
Some of the major companies in the industrial grade zirconium oxide market are Imerys, Saint-Gobain, Showa Denko, Daiichi Kigenso Kagaku Kogyo (DKKK), Iwatani Australia (Doral), Zircoa, Inc., Luxfer MEL Technologies, Bengbu Zhongheng, Sanxiang Advanced Materials, Zhengzhou Zhenzhong Fused New Material, Orient Zirconic, Jangxi Kingan Hi-Tech, Jingjiehui Group, Zibo Guangtong Chemical.
The industrial grade zirconium oxide market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Grade Zirconium Oxide Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Industrial Grade Zirconium Oxide Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial Grade Zirconium Oxide Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Industrial Grade Zirconium Oxide Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Industrial Grade Zirconium Oxide Market Size & Forecast, 2020-2028 4.5.1 Industrial Grade Zirconium Oxide Market Size and Y-o-Y Growth 4.5.2 Industrial Grade Zirconium Oxide Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fused Zirconium Oxide
5.2.2 Chemical Zirconium Oxide
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Refractory
6.2.2 Ceramic
6.2.3 Metallurgy
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Grade Zirconium Oxide Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Grade Zirconium Oxide Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fused Zirconium Oxide
9.6.2 Chemical Zirconium Oxide
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Refractory
9.10.2 Ceramic
9.10.3 Metallurgy
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fused Zirconium Oxide
10.6.2 Chemical Zirconium Oxide
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Refractory
10.10.2 Ceramic
10.10.3 Metallurgy
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fused Zirconium Oxide
11.6.2 Chemical Zirconium Oxide
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Refractory
11.10.2 Ceramic
11.10.3 Metallurgy
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fused Zirconium Oxide
12.6.2 Chemical Zirconium Oxide
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Refractory
12.10.2 Ceramic
12.10.3 Metallurgy
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fused Zirconium Oxide
13.6.2 Chemical Zirconium Oxide
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Refractory
13.10.2 Ceramic
13.10.3 Metallurgy
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Grade Zirconium Oxide Market: Competitive Dashboard
14.2 Global Industrial Grade Zirconium Oxide Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Imerys
14.3.2 Saint-Gobain
14.3.3 Showa Denko
14.3.4 Daiichi Kigenso Kagaku Kogyo (DKKK)
14.3.5 Iwatani Australia (Doral)
14.3.6 Zircoa, Inc.
14.3.7 Luxfer MEL Technologies
14.3.8 Bengbu Zhongheng
14.3.9 Sanxiang Advanced Materials
14.3.10 Zhengzhou Zhenzhong Fused New Material
14.3.11 Orient Zirconic
14.3.12 Jangxi Kingan Hi-Tech
14.3.13 Jingjiehui Group
14.3.14 Zibo Guangtong Chemical