Global Zircon Sand Market

The Global Zircon Sand Market size is projected to reach US$ XXBn. by 2026 from US$ XXBn. in 2019, at a CAGR of XX % during the forecast period. The global zircon sand market research delivers a basic overview of the industry including definitions, classifications, applications, and industry chain structure. The globalzircon sand report is provided for the international markets as well as development trends, competitive landscape analysis, and key region’s development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also considered. This report additionally states import/export consumption, supply and demand figures, cost, price, revenue, and gross margins.

Definition of Zircon Sand:

Many granites and felsic igneous rocks contain zircon (ZrSiO4) sand as an accessory to trace mineral components. Zircon sand is mainly used as an opacifier, and it is well-known in the decorative ceramics industry.

Global Zircon Sand Market Dynamics:

Because of the exceptional properties, such as the ability to impart higher mechanical strength, durability, and toughness to ceramic bodies and glass matrices, demand for the global zircon sand market is increasing. The global zircon sand market is expected to expand in the coming years, thanks to the expansion of the ceramic industry owing to rapid urbanization and increased use of tiles and granites around the world. It is primarily used in the ceramic, refractory, abrasive, foundry, chemical, and specialty alloys industries. However, the zircon sand market is likely to be hampered by factors such as a demand-supply gap. The zircon sand market is expected to be hampered by high tariffs and strict mining policies also. For instance, In 2019, the price of zircon sand reduced from USD 1660/mt to USD 1550/mt CIF (Cost, insurance, and freight) in China, a reduction of around 7%.

Global Zircon Sand Market Segmentation:

Based on application, the global zircon sand market is segmented into ceramics idol manufacturing, molding purposes, and others. Manufacturers have been prompted to discover new technical uses of ceramics by changing their structural and thermal structural properties as a result of ongoing developments in material sciences. Ceramics are now widely used in the production of tiles with a longer shelf life thanks to nanotechnology. Alumina, silicon nitride, and silicon carbide are some of the most important ceramic materials. Ceramics are used in the manufacture of dental crowns, implants, and bridges. The global ceramics market was valued at US$ 246.10 Bn in 2019 and is projected to grow at a lucrative CAGR of 8.6% from 2019 to 2025. By end-use industry, the market is segmented into building & construction, ceramics, and others. Due to increased investment in the building & construction industry during the forecast period, the building & construction segment is expected to hold a significant share of the zircon sand market.To Know About The Research Methodology :- Request Free Sample Report

Regional Insights of the Global Zircon Sand Market:

Due to increased investments in the building and construction industry, Asia Pacific holds the largest share of the zircon sand market, while North America comes in second in terms of revenue follows the Asia Pacific region. During the forecast period, the European market is expected to grow at a significant CAGR. The majority of zircon sand is mined on the African continent and in Australia. Global production is currently over one million tonnes per year. China consumes nearly half of the zircon produced worldwide, with Europe, North America, Asia-Pacific, and India also consuming substantial amounts. Lower-grade zircon concentrates are also shipped, e.g. from Southeast Asia (Indonesia & Vietnam), with zircon content ranging from 65 to 85 % (average 75%). Regional Insights The objective of the report is to present a comprehensive analysis of the Global Zircon Sand Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Zircon Sand Market dynamics, structure by analyzing the market segments and projects the Global Zircon Sand Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Zircon Sand Market make the report investor’s guide.

Scope of the Global Zircon Sand Market: Inquire before buying

Global Zircon Sand Market, by Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Key players operating in the Global Zircon Sand Market

• Molycorp • Alkane Resources • Australian Zircon • Bemax Resources • DowDuPont • Allegheny Technologies • Richards Bay Minerals • Luxfer Group • Tronox Limited • Kenmare Resources • New Energy Holdings • Oxkem Limited • Neo Materials Technologies • Foskor • Zhejiang Jinkun Zirconium Industry • Others

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