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Global Zirconium Market 2016-2020

Global Zirconium Market 2016-2020

About Zirconium

Zirconium (Zr) is a grayish-white chemical element sourced from mineral zircon (ZrSiO4) sand. It is strong, ductile, malleable, and extremely resistant to heat and corrosion by other agents in nature. It is very weak in absorbing thermal neutrons. Therefore, zirconium alloys are used in fuel cladding. Zirconium is widely used in various applications such as ceramics, chemicals, refractory, foundry, and television glass.By volume, Technavio’s analysts forecast the global zirconium market to grow at a CAGR of 6.91% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global zirconium market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sale of zirconium for end-uses such as ceramics, chemicals, foundry, refractories and others (zirconia, television glasses, and construction of nuclear plants).The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Zirconium Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Alkane Resources
  • Exxaro Resources
  • Iluka Resources
  • Kenmare Resources
  • Richards Bay Minerals (RBM)
  • Tronox
Other prominent vendors
  • Astron
  • Chemours
  • Cristal Mining (formerly Bemax Resources)
  • Luxfer Group
  • Molycorp
  • Titanium
Market driver
  • Demand from nuclear power sector
  • For a full, detailed list, view our report
Market challenge
  • Volatile raw material prices
  • For a full, detailed list, view our report
Market trend
  • Increase in demand from new application areas
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Zirconium Market 2016-2020

Technavio recognizes the following companies as the key players in the global zirconium market: Alkane, Exxaro, Iluka Resources, Kenmare, RBM, and Tronox.

Other Prominent Vendors in the market are: Astron, Chemours, Cristal Mining (formerly Bemax Resources), Luxfer Group, Molycorp, and Titanium.

Commenting on the report, an analyst from Technavio’s team said: “that technological advances is one of the trends spurring growth for the market. In recent years, technological progressions have helped to increase the quality of zirconium enormously. This allows manufacturers to produce zirconium products in different varieties, shapes, and colors for different applications. Zirconium alloys are extensively used as materials for cladding nuclear fuel and are used to make water-cooled nuclear reactors where technology plays a very crucial role. Zirconium technology helps manufacturers build nuclear grade zirconium material and develop a wide variety of components for water-cooled nuclear power plant projects, which will contribute to this market’s growth during the forecast period.”

According to the report, augmented demand from ceramics industry is a key driver aiding to the growth of this market. The global ceramics industry is expected to grow at a rapid rate during the forecast period. This industry is primarily driven by the construction industry. The residential segment of the construction industry uses ceramics in sanitary ware, ceramic tiles, table and ornamental ware, bricks, and pipes. Moreover, the growth in housing prices over the last few years indicates the growing investment in the housing market by consumers. This implies that there is ample opportunity for the growth of the ceramics industry, which is a key end-user segment of the zirconium market.

Further, the report states that stringent mining policy and high tariffs is a major challenge the market is facing. The import of raw materials of zirconium faced challenge as exporting countries changed mining policies and maintained high tariff rates. The recent mining policies and regulations in Australia and South Africa act as a market hindrance for zirconium. The new mining policies in South Africa address various issues related to mineral reserves, resources, and exportation; recycling and refining; safety and environmental issues; and responsible mining and electronic recycling. The stringent nature of the policies discourages foreign direct investment. Governments are trying to attract FDI in the mining sector by providing investor-friendly policies.

Companies Mentioned

Alkane, Exxaro, Iluka Resources, Kenmare, RBM, Tronox, Astron, Chemours, Cristal Mining (formerly Bemax Resources), Luxfer Group, Molycorp, Titanium.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Global zirconium market
      • Table Global zirconium market by product type
      • Table Global zirconium market by end-use
      • Table Global zirconium market by application
      • Table Global zirconium market by geography
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
    • Overview
    • Chemical properties
      • Table Zirconium: Chemical properties
    • Value chain
      • Table Utilization pattern: Zirconium compounds
    • Zirconium reserves
      • Table Zirconium reserves 2015
  • Market landscape
    • Global zirconium market
      • Table Global zirconium market 2016-2020 (million metric tons)
      • Table Zirconium market by end-use 2015
      • Table Zirconium market by geography 2015
      • Table Five forces analysis
  • Segmentation by end-use
    • Overview
      • Table Global zirconium market by of end-use 2015 and 2020
    • Global zirconium market for ceramics
      • Table Global zirconium market for ceramics 2016-2020 (million metric tons)
    • Global zirconium market for chemicals
      • Table Global zirconium market for chemicals 2016-2020 (thousand metric tons)
    • Global zirconium market for foundry
      • Table Global zirconium market for foundry 2016-2020 (thousand metric tons)
    • Global zirconium market for refractories
      • Table Global zirconium market for refractories 2016-2020 (thousand metric tons)
  • Segmentation by product type
    • Table Global zirconium market by product type 2015
  • Segmentation by application
    • Table Global zirconium market by application 2015
  • Segmentation by geography
    • Table Global zirconium market by geography 2015 and 2020
    • Zirconium market in APAC
      • Table Zirconium market in APAC 2016-2020 (million metric tons)
      • Table Key countries in APAC (MWe)
    • Zirconium market in EMEA
      • Table Zirconium market in EMEA 2016-2020 (thousand metric tons)
      • Table Key countries in EMEA (MWe)
    • Zirconium market in Americas
      • Table Zirconium market in Americas 2016-2020 (thousand metric tons)
      • Table Key countries in Americas (MWe)
  • Key leading countries
    • Table Key leading countries
    • Australia
    • South Africa
    • China
  • Market drivers
    • Demand from nuclear power sector
      • Table Global nuclear industry facts 2015 (units)
    • Growth in demand from ceramics industry
      • Table Global housing price index 2000-2015 (equally weighted with 2000 as base year)
      • Table Global ceramics market 2014-2019 ($ billions)
    • Increase in demand from China
      • Table Construction industry in China 2014-2019 ($ billions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Volatile raw material prices
      • Table Zirconium prices in US ($ per metric ton)
    • Supply and demand gap
      • Table Zirconium reserves 2015
    • Stringent mining policy and high tariffs
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Technological advances
    • Increase in demand from new application areas
    • Better replacement for titanium in dentistry
  • Vendor landscape
    • Competitive Scenario
      • Table Key buying criteria
    • Other prominent vendors
    • Key market vendors
      • Table Global zirconium market: Key vendors
    • Alkane Resources
      • Table Alkane Resources: Business segmentation
    • Exxaro Resources
      • Table Exxaro Resources: Business segmentation
    • Iluka Resources
    • Kenmare Resources
      • Table Kenmare resources: Product segmentation
      • Table Kenmare resources: Geographic segmentation
    • Richards Bay Minerals (RBM)
      • Table RBM: Product segmentation
    • Tronox
  • Appendix
    • List of abbreviations
  • Explore Technavio

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