Zirconium Dioxide which is also known as zirconia is crystalline solid which has exceptional toughness, biocompatibility, exceptional strength, high fatigue and wear resistance. Its chemical inertness, high thermal stability, superior quality and corrosion resistance has promoted its application in pigments, electronics, coatings, ceramics and medical products.
Positive indicators towards zirconium dioxide in refractory purposes owing to its high temperature resistance which makes it suitable for furnaces, crucibles and high heat environment which will propel industry growth. Refractory bricks and armour plates are well known refractory applications of zirconium dioxide. Growing potential in thermal barrier coatings mainly in aviation and automotive industry mainly in high temperature setting such as jet engines will further escalate industry growth. Zirconium oxide is stable in presence of oxygen which makes it suitable for fuel cell membranes and oxygen sensing mechanisms at elevated temperatures.
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ZIRCONIUM DIOXIDE MARKET SEGMENTAL OVERVIEW
The report analyses the global zirconium dioxide market based on purity, form, product, application and geography
ZIRCONIUM DIOXIDE BY APPLICATION
Furthermore, the major application considered in the study is dental, electronic, fuel cells, paints, automobiles, ceramics, jewellery, refractive purposes. Increasing application potential in jewellery application as a viable alternative to diamond will stimulate market growth. Cubic zirconia has produces cuts like diamonds and has optical flawlessness along with strong aesthetic appeal and durability like diamond.
ZIRCONIUM DIOXIDE MARKET BY GEOGRAPHY
The global market is studied for the key regions such as, North America, Europe, Asia Pacific and Rest of the World. North America is a lucrative market for zirconium dioxide market and is expected to witness strong gains over the forecast timeframe. High healthcare spending mainly in U.S. supported by increase in consciousness towards aesthetic physical appearance has led to rise in demand for dental implants will favour industry growth. Rising prevalence of dental disorders supported by implementation of digital technology to manufacture custom fitting comfortable implants will further drive dental implant market in this region, thus promoting product demand.
ZIRCONIUM DIOXIDE MARKET COMPETITOR ANALYSIS
The key players in the zirconium dioxide market share Zircomet, Saint-Gobain ZirPro, American Elements, Tosoh Corporation,Showa Denko K.K.,H.C. Starck,Jiangxi Kingan Hi-tech Co., Ltd.,Alkane Resources, ATI,TAM Ceramics, Foskor Zirconia, Zircoa, Inc. Companies are developing advance technologies along with new product launch to establish strong market position along with adopting other strategies such as merger and acquisitions to enhance market position.
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