Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Industrial Grade Zirconium Market by Type (Sponge Zirconium, Others), By Application (Chemical Industry, Military Industry, Electronics Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Industrial Grade Zirconium Market by Type (Sponge Zirconium, Others), By Application (Chemical Industry, Military Industry, Electronics Industry, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 145630 3300 Chemical & Material 377 250 Pages 4.8 (46)

Market Overview:

The global industrial grade zirconium market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for zirconium in various end-use industries, such as chemical, military, and electronics industries. In terms of type, sponge zirconium segment is expected to lead the global industrial grade zirconium market during the forecast period. This can be attributed to its high purity and superior properties that make it suitable for use in various end-use applications.

Global Industrial Grade Zirconium Industry Outlook

Product Definition:

Industrial grade zirconium is a purified form of the metal zirconium. It has a very low level of impurities and is used in various industrial applications. One important use is in the production of nuclear fuel rods, where it helps to stabilize the uranium fuel pellets. Industrial grade zirconium can also be used in other types of reactors, as well as in aircraft and spacecraft parts.

Sponge Zirconium:

Sponge zirconium is a special type of zirconium, which has been modified by the addition of sponges ( porous and non-porous) in its structure. Sponge zirconium shows similar properties like regular solid ZrO2, but it is much more porous than normal solid material. The pore size can be controlled by changing the ratio of feed materials such as sand and water or other chemicals.


Others is the generic name for all other minerals and metals that are produced along with zirconium. The others mineralogies mainly include ilmenite, rutile, leuco dolostone, gold, silver and platinum. Others minerals have high demand in various end-use industries such as construction materials (furniture & decorative), electronic equipment and automotive industry.

Application Insights:

The chemical industry accounted for the largest share of over 50% in 2017. In addition to this, it finds application as an active material in various chemicals such as polymers and resins.

ZrO2 has excellent resistance against acids and bases; its purity level ensures that it can be used directly in manufacturing of various chemicals without any further purification process. It also exhibits high thermal stability (up to 1150°C) along with good corrosion resistance (up to 1100°C).

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 chemical, electronic, and others industries. China is one of the major producers as well as consumers of zirconium in this region owing to presence of large scale manufacturers such as Sinopec Corporation; however, India has been a major producer since 2010 on account of availability of natural resources coupled with favorable government policies for increasing domestic production capacity.

North America accounted for a significant share in terms of revenue and volume due to high demand from end-use industries such as military & aerospace, electronics & telecoms equipment manufacturing industry.

Growth Factors:

  • Increasing demand for zirconium in various end-use industries such as automotive, aerospace, energy and others is expected to drive the growth of the industrial grade zirconium market over the forecast period.
  • Growing demand for lightweight and high-strength materials in automotive and aerospace industries is projected to boost the market growth.
  • Rising investments in energy sector coupled with increasing use of zirconium in nuclear reactors is anticipated to propel the market growth during the forecast period.
  • Growing awareness about benefits of using zirconium alloy products over traditional materials is expected to fuel demand for industrial grade zirconium products across different end-use industries over the next few years.

Scope Of The Report

Report Attributes

Report Details

Report Title

Industrial Grade Zirconium Market Research Report

By Type

Sponge Zirconium, Others

By Application

Chemical Industry, Military Industry, Electronics Industry, Others

By Companies

Orano, Westinghouse, ATI, Chepetsky Mechanical Plant, Nuclear Fuel Complex, SNWZH, CNNC Jinghuan, Guangdong Orient Zirconic, Aohan China Titanium Industry, Baoti Huashen, CITIC Jinzhou Metal

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Industrial Grade Zirconium Market Report Segments:

The global Industrial Grade Zirconium market is segmented on the basis of:


Sponge Zirconium, Others

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.


Chemical Industry, Military Industry, Electronics Industry, 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:

  1. Orano
  2. Westinghouse
  3. ATI
  4. Chepetsky Mechanical Plant
  5. Nuclear Fuel Complex
  6. SNWZH
  7. CNNC Jinghuan
  8. Guangdong Orient Zirconic
  9. Aohan China Titanium Industry
  10. Baoti Huashen
  11. CITIC Jinzhou Metal

Global Industrial Grade Zirconium Market Overview

Highlights of The Industrial Grade Zirconium Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Sponge Zirconium
    2. Others
  1. By Application:

    1. Chemical Industry
    2. Military Industry
    3. Electronics Industry
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Industrial Grade Zirconium 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

Global Industrial Grade Zirconium Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Industrial grade zirconium is a higher quality form of zirconium that is used in industrial applications. It has a higher melting point and strength than the standard zirconium, making it more suitable for use in high-strength materials.

Some of the key players operating in the industrial grade zirconium market are Orano, Westinghouse, ATI, Chepetsky Mechanical Plant, Nuclear Fuel Complex, SNWZH, CNNC Jinghuan, Guangdong Orient Zirconic, Aohan China Titanium Industry, Baoti Huashen, CITIC Jinzhou Metal.

The industrial grade zirconium market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Industrial Grade Zirconium Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Industrial Grade Zirconium Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Industrial Grade Zirconium Market - Supply Chain
   4.5. Global Industrial Grade Zirconium Market Forecast
      4.5.1. Industrial Grade Zirconium Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Industrial Grade Zirconium Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Industrial Grade Zirconium Market Absolute $ Opportunity

5. Global Industrial Grade Zirconium Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Industrial Grade Zirconium Market Size and Volume Forecast by Type
      5.3.1. Sponge Zirconium
      5.3.2. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Industrial Grade Zirconium Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Industrial Grade Zirconium Market Size and Volume Forecast by Application
      6.3.1. Chemical Industry
      6.3.2. Military Industry
      6.3.3. Electronics Industry
      6.3.4. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Industrial Grade Zirconium Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Industrial Grade Zirconium Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Industrial Grade Zirconium Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Industrial Grade Zirconium Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Industrial Grade Zirconium Demand Share Forecast, 2019-2026

9. North America Industrial Grade Zirconium Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Industrial Grade Zirconium Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Industrial Grade Zirconium Market Size and Volume Forecast by Application
      9.4.1. Chemical Industry
      9.4.2. Military Industry
      9.4.3. Electronics Industry
      9.4.4. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Industrial Grade Zirconium Market Size and Volume Forecast by Type
      9.7.1. Sponge Zirconium
      9.7.2. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Industrial Grade Zirconium Demand Share Forecast, 2019-2026

10. Latin America Industrial Grade Zirconium Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Industrial Grade Zirconium Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Industrial Grade Zirconium Market Size and Volume Forecast by Application
      10.4.1. Chemical Industry
      10.4.2. Military Industry
      10.4.3. Electronics Industry
      10.4.4. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Industrial Grade Zirconium Market Size and Volume Forecast by Type
      10.7.1. Sponge Zirconium
      10.7.2. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Industrial Grade Zirconium Demand Share Forecast, 2019-2026

11. Europe Industrial Grade Zirconium Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Industrial Grade Zirconium Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Industrial Grade Zirconium Market Size and Volume Forecast by Application
      11.4.1. Chemical Industry
      11.4.2. Military Industry
      11.4.3. Electronics Industry
      11.4.4. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Industrial Grade Zirconium Market Size and Volume Forecast by Type
      11.7.1. Sponge Zirconium
      11.7.2. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Industrial Grade Zirconium Demand Share, 2019-2026

12. Asia Pacific Industrial Grade Zirconium Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Industrial Grade Zirconium Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Industrial Grade Zirconium Market Size and Volume Forecast by Application
      12.4.1. Chemical Industry
      12.4.2. Military Industry
      12.4.3. Electronics Industry
      12.4.4. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Industrial Grade Zirconium Market Size and Volume Forecast by Type
      12.7.1. Sponge Zirconium
      12.7.2. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Industrial Grade Zirconium Demand Share, 2019-2026

13. Middle East & Africa Industrial Grade Zirconium Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Industrial Grade Zirconium Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Industrial Grade Zirconium Market Size and Volume Forecast by Application
      13.4.1. Chemical Industry
      13.4.2. Military Industry
      13.4.3. Electronics Industry
      13.4.4. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Industrial Grade Zirconium Market Size and Volume Forecast by Type
      13.7.1. Sponge Zirconium
      13.7.2. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Industrial Grade Zirconium Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Industrial Grade Zirconium Market: Market Share Analysis
   14.2. Industrial Grade Zirconium Distributors and Customers
   14.3. Industrial Grade Zirconium Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Orano Overview Financials Developments Strategic Outlook
      14.4.2. Westinghouse Overview Financials Developments Strategic Outlook
      14.4.3. ATI Overview Financials Developments Strategic Outlook
      14.4.4. Chepetsky Mechanical Plant Overview Financials Developments Strategic Outlook
      14.4.5. Nuclear Fuel Complex Overview Financials Developments Strategic Outlook
      14.4.6. SNWZH Overview Financials Developments Strategic Outlook
      14.4.7. CNNC Jinghuan Overview Financials Developments Strategic Outlook
      14.4.8. Guangdong Orient Zirconic Overview Financials Developments Strategic Outlook
      14.4.9. Aohan China Titanium Industry Overview Financials Developments Strategic Outlook
      14.4.10. Baoti Huashen Overview Financials Developments Strategic Outlook
      14.4.11. CITIC Jinzhou Metal Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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