5 Leading Companies in the Chemical Industry Driving the Global Zirconium Oxide Market

The global zirconium oxide market is expected to grow at a CAGR of 5% in the forecast period of 2024-2032. As per the analysis by Expert Market Research, the global zirconium oxide market is being aided by the growth of the zirconium market.

White crystalline zirconium oxide, also referred to as zirconia (ZrO2) and mostly utilised in the production of contemporary ceramics, is referred to as zirconium oxide. Good chemical and corrosion inertness are properties of zirconium oxide. Additionally, it possesses strong mechanical strength and high-temperature wear resistance. Due to its unique physical, chemical, and mechanical characteristics, it is utilised as a fundamental refractory material.

The regions of North America and Asia Pacific are one of the significant contributors to the growth of the zirconium oxide industry because there is a growing demand for the product in these regions. The thriving dental implants sector is also responsible for uplifting the global market and will further grow due to the rising dental health awareness. The industry's manufacturing processes have changed as a result of the product's increasing demand. The market is also anticipated to benefit from the sector's expanding need for nuclear energy.

During the forecast period, Asia Pacific is expected to be one of the leading consumers of zirconium oxide due to a significant rise in the demand for foundries and mineral ceramics in the region. The market is further expected to grow owing to the new industrial applications of zirconium oxide like knives and scissors. In the upcoming years, market growth is anticipated to be further boosted by the expanding demand from the electronics industries.

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Top 5 Global Zirconium Oxide Companies:

Saint-Gobain ZirPro

Saint Gobian ZirPro is a leading manufacturer of ceramic grinding beads, zirconium oxide powders, blasting and peening media and zirconium chemicals in the world. It also engineers high-performance zirconia materials to meet its demanding applications across the globe. A division of the over 350 year old brand Saint Gobain, it is a part of the Specialty Grains & Powders department of the brand, with an industrial scale reach across four continents.

Imerys S.A.

Imerys S.A. delivers high value-added and functional solutions to several industries ranging from process manufacturing to consumer goods. These support a wide range of additional industries, including steelmaking, agri-food, automotive, cosmetics, and building materials. Performance Minerals and High Temperature Materials and Solutions are the company's two operating segments.

Tateho Chemical Industries Co., Ltd.

Tateho Chemical Industries Co. Ltd. is chemical company involved in the production and sales of chemical products like zirconium, magnesium, calcium compounds, and ceramics. The company has a strength of 400 consolidated employees. They are the only manufacturer of electro-fused MgO in Japan. The company’s products are not only distributed in Japan but are also exported to various countries across the world.

Luxfer MEL Technologies

Luxfer MEL technologies is one of the leading companies which develops and produces high engineered magnesium and zirconium materials that are distributed both domestically and internationally. Their products have applications in various sectors like aerospace, automotive, catalysis, ceramics, defence, healthcare, and many more. The company has approximately 1,700 employees working for them across 27 countries. Their operations are ongoing in more than 20 manufacturing plants in 7 countries.

Astron Limited

Astron Limited is a Sri Lankan company which manufactures, imports, and sells high quality healthcare products. It was the first one to set up a pharmaceutical manufacturing company in Sri Lanka and is currently one of the most trusted health care companies in the area. The company is committed to the development of the local healthcare manufacturing industry within the country.

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