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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Zirconium Dioxide Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
Request Now !Zirconium dioxide is a white crystalline oxide of zirconium, which is available in abundance. It does not contain any toxic elements, and therefore is easy to discharge its waste back into nature. Zirconium dioxide is widely used in various applications, and is one of the most used ceramic materials in dental practice such as crowns, and bridges. Different from other ceramic materials, zirconium dioxide is a powerful material utilized in the production of numerous domestic and industrial items, such as low-cost alternative to diamonds in the jeweler industry, refractory bricks and armor plates
Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast unit | USD Million |
Segments covered | Type, Application, Industry Vertical, and Region |
Regions covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and LAMEA (Brazil, UAE, Saudi Arabia, and the Rest of LAMEA) |
Companies covered | ZIRCOMET LIMITED, Iluka Resource Limited, Kenmare Resources Plc, H.C. Starck GmbH, Raj Purohit Group of Enterprises, American Elements, Tronox Limited, CRISTAL, Saint-Gobain ZirPro, and Neo Materials Technologies Inc.
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Although being a part of the healthcare industry, zirconium dioxide market reported slight downfall in terms of supply in the first half of 2020, owing to the pandemic situation. On the other hand, regional relaxation in the nationwide lockdown is expected to create space for manufacturing sector, and companies are likely to exploit this opportunity. Therefore, the supply scenario is likely to recover in the second half of 2020.
Recent technological advances have boosted the growth for zirconium dioxide, which in effect has helped to gain profitable market share in the production of zirconium dioxide nanoparticles by advanced materials companies and multinational chemical companies. Thus, the market for zirconium dioxide is expected to grow significantly in the near future due to the increased output of nanoparticles.
In addition, rise in demand for high-quality zirconium dioxide in the medical, steel, and electronic sectors is expected to significantly boost growth of the market. Owing to increase in applications of zirconium dioxide in various industries around the world, the market is expected to witness lucrative growth opportunities in the coming decade.
Key segments covered
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