Increasing demand for zirconium oxide in numerous applications such as medical products, optical fibers and waterproofing clothing is expected to supplement market growth.
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Zirconium Oxide Market Share, Analysis, Trends To 2020 by Grand View Research, Inc.
1. Zirconium Oxide Market Analysis, Market Size, Application
Analysis, Regional Outlook, Competitive Strategies And
Forecasts, 2014 To 2020
Zirconium oxide market is expected to witness significant increase on account of
growing ceramic industry over the next six years. Increasing demand for zirconium
oxide in numerous applications such as medical products, optical fibers and
waterproofing clothing is expected to supplement market growth. The demand is
expected to show high growth as a result of increasing use in nuclear and
biomedical applications. In addition, its increasing use in protective coating and
diamond simulant for jewelery is anticipated to drive market demand over the
forecast period.
For More Information on "Zirconium Oxide Market Research Reports" visit
- http://www.grandviewresearch.com/industry-analysis/zirconium-oxide-
market
2. Asia Pacific is expected to propel market growth on account of increasing ceramic
tile, medical and construction industry mainly in China, India, Australia and South
Korea. The U.S. is expected to witness significant growth on account of rising
demand from ceramics and nuclear energy sector over the forecast period.
However, volatility in the prices of zirconium coupled with shortage in supply is
expected to restrain market growth over the next six years.
3. Growing demand in various industrial and consumer applications such as
cosmetics and optical fibers is expected to drive market. Moreover, increasing use
of zirconium oxide in dentistry to produce crowns and bridges is further expected
to supplement market growth. Key players in global zirconium oxide market
include Saint-Gobain, DuPont, Alumina Chemicals & Castables, Allegheny
Technologies Incorporated, Astron, Alkane Resources, Tosoh Corporation, Zircoa,
Exxaro Resources Ltd, Asia Zirconium and Luxfer Group. Saint-Gobain provides
high strength products which are widely used in ceramic tiles. Tosoh Corporation
offers products which have microcrystalline grain structure which provides
strength, wear resistance, flexibility and heat-insulating properties.
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market/request-toc
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