Market Overview:
The global zirconia alumina wheels market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for zirconia alumina wheels from various end-use industries, such as automotive, machinery & equipment, aerospace & defense, metal fabrication, and others. In terms of type, the 25% Zirconia Alumina segment is expected to lead the global market during the forecast period due to its high wear resistance and toughness properties. In terms of application, the automotive segment is projected to lead the global market duringthe forecast period owingtoits growing demand from developed countries across North America and Europe regions.
Product Definition:
Zirconia alumina wheels are used as grinding tools in various industrial applications. They are made of a zirconium oxide and alumina mixture, which makes them tough and heat resistant. Zirconia alumina wheels can be used for grinding metals, ceramics, and other materials.
25% Zirconia Alumina:
25% Zirconia alumina wheels market is expected to grow at a significant rate owing to the increasing demand for lightweight materials in the automotive industry. The growth of this market can be attributed to several factors such as rising environmental concerns, government regulations and policies, technological advancements and shifting consumer preferences towards high performance & fuel-efficient vehicles.
40% Zirconia Alumina:
40% Zirconia alumina is a transparent, very fine and almost colorless powder. It has the highest melting point of zirconia (around 400°C) and it can be used in various applications like optical material, molding powder or additive for plastics.
Application Insights:
The automotive application segment led the global market and accounted for more than a 25% share of the overall revenue in 2017. The product is widely used in automotive industry owing to its superior properties including low thermal expansion, high resistance to wear and tear, abrasion & corrosion. In addition, zirconium alumina wheels are also used in aircraft components owing to their lightweight property as compared with other materials such as steel or aluminum alloys.
The machinery & equipment segment was valued over USD 1 billion in 2017 on account of rising demand from various industries including construction equipment manufacturing and mining for minerals such as coal or metal ores which require heavy-duty performance along with long life spans. Zirconium alumina products have excellent abrasive resistance which helps reduce maintenance cost while improving productivity thus increasing competitiveness against other conventional materials used for similar purposes such as steel or ceramic composite tiles among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries, such as aerospace & defense, automotive, industrial machinery & equipment and construction.
The increasing use of heavy machinery for mining operations in countries such as China and India is also anticipated to drive industry expansion over the next eight years. In addition, rapid infrastructure development along with growing metal processing activities across emerging economies including Indonesia, Vietnam and Thailand are further expected to fuel industry growth during the forecast period.
North America emerged as a significant consumer due to high application scope involving usage across several major industries including transportation equipment; aerospace & defense; construction materials; food processing & packaging coupled with energy sector applications for drilling machines among others).
Growth Factors:
- Increasing demand for zirconia alumina wheels from the automotive industry as they are durable and have a long life span.
- Growing popularity of zirconia alumina wheels in the aerospace industry as they are light weight and heat resistant.
- Rising demand for zirconia alumina wheels from the metalworking industry as they offer superior performance than other types of grinding wheel materials.
- Increasing adoption of zirconia alumina wheels in the semiconductor industry due to their high precision and accuracy characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
Zirconia Alumina Wheels Market Research Report
By Type
25% Zirconia Alumina, 40% Zirconia Alumina, Other
By Application
Automotive, Machinery & Equipment, Aerospace & Defense, Metal Fabrication, Others
By Companies
3M, Saint-Gobain, Tyrolit Group, Pferd, Rhodius, Klingspor, Weiler Corporation, Bosch, Hermes Schleifmittel, Noritake, 3M, DEERFOS
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Zirconia Alumina Wheels Market Report Segments:
The global Zirconia Alumina Wheels market is segmented on the basis of:
Types
25% Zirconia Alumina, 40% Zirconia Alumina, Other
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
Automotive, Machinery & Equipment, Aerospace & Defense, Metal Fabrication, 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:
- 3M
- Saint-Gobain
- Tyrolit Group
- Pferd
- Rhodius
- Klingspor
- Weiler Corporation
- Bosch
- Hermes Schleifmittel
- Noritake
- 3M
- DEERFOS
Highlights of The Zirconia Alumina Wheels 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:
- 25% Zirconia Alumina
- 40% Zirconia Alumina
- Other
- By Application:
- Automotive
- Machinery & Equipment
- Aerospace & Defense
- Metal Fabrication
- 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 Zirconia Alumina Wheels 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?
Zirconia alumina wheels are made from a hard, durable material that is resistant to scratches and other damage. They are also lightweight, making them easy to move and transport.
Some of the key players operating in the zirconia alumina wheels market are 3M, Saint-Gobain, Tyrolit Group, Pferd, Rhodius, Klingspor, Weiler Corporation, Bosch, Hermes Schleifmittel, Noritake, 3M, DEERFOS.
The zirconia alumina wheels market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Zirconia Alumina Wheels 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 Zirconia Alumina Wheels Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Zirconia Alumina Wheels 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 Zirconia Alumina Wheels 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 Zirconia Alumina Wheels Market Size & Forecast, 2018-2028
4.5.1 Zirconia Alumina Wheels Market Size and Y-o-Y Growth
4.5.2 Zirconia Alumina Wheels Market Absolute $ Opportunity
Chapter 5 Global Zirconia Alumina Wheels 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 Zirconia Alumina Wheels Market Size Forecast by Type
5.2.1 25% Zirconia Alumina
5.2.2 40% Zirconia Alumina
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Zirconia Alumina Wheels 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 Zirconia Alumina Wheels Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Machinery & Equipment
6.2.3 Aerospace & Defense
6.2.4 Metal Fabrication
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Zirconia Alumina Wheels 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 Zirconia Alumina Wheels 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 Zirconia Alumina Wheels Analysis and Forecast
9.1 Introduction
9.2 North America Zirconia Alumina Wheels 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 Zirconia Alumina Wheels Market Size Forecast by Type
9.6.1 25% Zirconia Alumina
9.6.2 40% Zirconia Alumina
9.6.3 Other
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 Zirconia Alumina Wheels Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Machinery & Equipment
9.10.3 Aerospace & Defense
9.10.4 Metal Fabrication
9.10.5 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 Zirconia Alumina Wheels Analysis and Forecast
10.1 Introduction
10.2 Europe Zirconia Alumina Wheels 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 Zirconia Alumina Wheels Market Size Forecast by Type
10.6.1 25% Zirconia Alumina
10.6.2 40% Zirconia Alumina
10.6.3 Other
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 Zirconia Alumina Wheels Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Machinery & Equipment
10.10.3 Aerospace & Defense
10.10.4 Metal Fabrication
10.10.5 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 Zirconia Alumina Wheels Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Zirconia Alumina Wheels 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 Zirconia Alumina Wheels Market Size Forecast by Type
11.6.1 25% Zirconia Alumina
11.6.2 40% Zirconia Alumina
11.6.3 Other
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 Zirconia Alumina Wheels Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Machinery & Equipment
11.10.3 Aerospace & Defense
11.10.4 Metal Fabrication
11.10.5 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 Zirconia Alumina Wheels Analysis and Forecast
12.1 Introduction
12.2 Latin America Zirconia Alumina Wheels 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 Zirconia Alumina Wheels Market Size Forecast by Type
12.6.1 25% Zirconia Alumina
12.6.2 40% Zirconia Alumina
12.6.3 Other
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 Zirconia Alumina Wheels Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Machinery & Equipment
12.10.3 Aerospace & Defense
12.10.4 Metal Fabrication
12.10.5 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) Zirconia Alumina Wheels Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Zirconia Alumina Wheels 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) Zirconia Alumina Wheels Market Size Forecast by Type
13.6.1 25% Zirconia Alumina
13.6.2 40% Zirconia Alumina
13.6.3 Other
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) Zirconia Alumina Wheels Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Machinery & Equipment
13.10.3 Aerospace & Defense
13.10.4 Metal Fabrication
13.10.5 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 Zirconia Alumina Wheels Market: Competitive Dashboard
14.2 Global Zirconia Alumina Wheels Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M
14.3.2 Saint-Gobain
14.3.3 Tyrolit Group
14.3.4 Pferd
14.3.5 Rhodius
14.3.6 Klingspor
14.3.7 Weiler Corporation
14.3.8 Bosch
14.3.9 Hermes Schleifmittel
14.3.10 Noritake
14.3.11 3M
14.3.12 DEERFOS
