Zirconium Dioxide Market growth will be driven by increasing product demand for automotive & aerospace protective coatings owing to rising investments, changing consumer lifestyles and significant R&D initiatives by manufacturers. Rising defense spending, increase in the number of air travelers and cost-effective coatings introduced by manufacturers should drive aerospace coatings industry growth and fuel product demand. Increasing demand for refurbished vehicles and significant requirement for commercial automobiles owing to booming transportation sector should further boost zirconium dioxide market growth.
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North America zirconium dioxide market led by the U.S., Canada and Mexico surpassed USD 15 million in 2018 and should grow significantly in the foreseeable timeframe pertaining to growing elderly population segment and rising consumer awareness of dental implants. The region is witnessing increasing incidence of dental caries, gum disorders and tooth decay which increases the threat of tooth loss and should drive product adoption. Growing consumer acceptance for cosmetic dentistry, increased availability of insurance coverage and technological advancements are likely to further promote zirconium dioxide market growth.
Global 99.5% based zirconium dioxide market should surpass USD 39.5 million by 2025 on account of rising demand for ceramic tiles from hospitals, residential buildings, and educational institutions. Substantial rise in housing requirement and growing adoption of automated production techniques is predicted to stimulate product demand. Significant urbanization and rising investment in infrastructure development is likely to trigger zirconium dioxide market growth.
Global 99% purity market from abrasives applications should register over 3.5% gains by 2025 on account of rising focus on improving automotive efficiency and growing demand from manufacturing sector. These products find widespread usage in repairing, cleaning & deburring automobile body, accessories & interiors. Growing disposable income, booming electronics sector and government incentives to promote manufacturing activities should accelerate market growth. Zirconium Dioxide Market may exceed USD 85 million by 2025; according to a new research report.
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Saint Gobain-ZirPro, American Elements, H.C. Stark, Tosoh Corp., ATI, TAM Ceramics, and Alkane Resources are among the prominent industry participants. Several manufacturers are engaged in developing new products to attain zirconium dioxide market growth in new segments, attract more customers and achieve competitive advantage.
Major Point From Table Of Content:
Chapter 3 Zirconium Dioxide Industry Insights
3.1 Zirconium Dioxide Market segmentation
3.2 Zirconium Dioxide Market landscape, 2014 – 2025
3.3 Zirconium Dioxide Market ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
18.104.22.168 Technology providers
3.4 Technology landscape
3.5 Pricing analysis
3.5.1 Zirconium dioxide 99% purity
3.5.2 Zirconium dioxide 99.5% purity
3.6 Regulatory landscape
3.7 Industry impact forces
3.7.1 Growth drivers
22.214.171.124 North America: Booming dental implants industry
126.96.36.199 Europe: Rising demand for medical ceramics
188.8.131.52 Asia Pacific: Growing demand from foundries and ceramics industry
3.7.2 Industry pitfalls & challenges
184.108.40.206 High product prices
3.8 Innovation & sustainability
3.9 Growth potential analysis, 2018
3.9.1 Emerging business model
220.127.116.11 New product launches
3.10 Porter’s analysis
3.11 Competitive landscape, 2018
3.11.1 Company market share analysis, 2018
3.11.2 Strategy dashboard
3.12 PESTEL analysis
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