Chicago, IL -- (SBWIRE) -- 06/27/2017 -- Zirconium is grayish white lustrous strong transitional metal with a chemical symbol of Zr. There are more than 140 Zirconium minerals found in the earth crust. The commercially mined minerals are Zircon, baddeleyite and kosnarite of which zircon is a principal mineral source. The other minerals are considered uneconomical for commercial production. Zirconium is mainly used in refractories, ceramics and as an alloying agent. It is a metal of choice in nuclear reactors to provide cladding to nuclear fuel rods because of its low absorption of neutron property and high resistant to heat and chemical corrosion properties.

The report on the global Zirconium market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

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KEY PREMIUM INDUSTRY INSIGHTS

The key reasons driving the growth of the Zirconium market includes increasing number of nuclear power stations in Asia-Pacific, increasing use of Zirconium in surface coating and steady demand from Foundries and Refractories.

Demand from healthcare sector is one of the key growth opportunity drivers for this market.

However, factors like cost pressure may hamper the growth of the Zirconium market.

KEY MARKET PLAYERS

Key players in the zirconium market include:

1. PPG Industries, Inc.
2. E. I. du Pont de Nemours and Company
3. 3M
4. Rio Tinto
5. Yixing Xinxing Zirconium Company Limited
6. DuBois Chemicals
7. The Tyrolit Group
8. Tosoh Corporation
9. Zircomet Ltd.
10. Neo

ZIRCONIUM MARKET, BY TYPE

1. Zircon
2. Zirconia

ZIRCONIUM MARKET, BY APPLICATION

1. Refractories
2. Ceramics
3. Nuclear
4. Foundry Sand

ZIRCONIUM MARKET, BY GEOGRAPHY

1. North America
2. Europe
3. Asia-Pacific
4. Latin America
5. Middle East & Africa

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