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.
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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:
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