Global Zirconium Market - Latest Market News, Trends and Industry Analysis

Zirconium is a lustrous, metal majorly used as opacifier and refractor. Zirconium forms variety of organo-metallic and inorganic compounds such as zircocene dichloride and zirconium dioxide. Zirconium dioxide is also known as Zirconia. The crystalline structure of zirconia is called as baddeleyite. Zirconia can be made available in three phase viz. monoclinic phase, tetragonal phase and cubic phase. The cubic phase can be used in protective coatings, dentistry and jewelry among others.

Read More @ http://www.transparencymarketresearch.com/zirconium-market.html

The market for zirconium was mainly driven by increasing demand from ceramics market. The ceramic market consists of floor and wall tiles, tableware and sanitary ware. Zirconia finds applications in other end-user markets such as foundry and refractory sectors. In addition, there is growing demand from electronics sector. Zirconium is also used in nuclear and biomedical applications. Increasing demand for advanced materials from various end-users such as aerospace market is likely to provide opportunities for zirconium market in near future. However, high price and health issues can be a major restraint for the market.

In terms of demand, Asia Pacific was the leading consumer in zirconium market. The demand in this region is likely to grow due to increasing demand for zirconium from end-user industries such as ceramics, medical & healthcare and construction. The demand is likely to grow from Asian countries such as India, China, Japan and South Korea. Asia Pacific was followed by North America. The U.S. leads the demand for zirconium owing to rise in demand from ceramics and nuclear energy market. European market had the third largest share for zirconium market. The demand in this region is growing due to huge demand from ceramic industry. European countries such as Spain, Turkey and Italy are the major consumers of zirconium. The Rest of the World market is likely to show greater potential for the zirconium market in upcoming years. Zirconium market is dominated by South Africa and Australia which hold huge reserves for the mineral.

Some of the key manufacturers in the zirconium market are Astron Advanced Materials Ltd., E.I DuPont de Nemours and Company, Iluka Resources Limited, Richards Bay Minerals and Tosoh Corp. among others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

• North America

• Asia Pacific

• Europe

• Rest of the World

This report provides comprehensive analysis of

• Market growth drivers

• Factors limiting market growth

• Current market trends

• Market structure

• Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Check More Info @ http://industrysource.wordpress.com/2014/09/23/global-zirconium-market-latest-zirconium-market-news-and-industry-analysis-upto-2019/

More Reports on Metals and Minerals Market: http://www.transparencymarketresearch.com/metals-and-minerals-market-reports-20.html