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Zirconium Market Set for Rapid Growth forecast 2020-2026

Global Zirconium market has been leaning towards the growth curve and contributing to the global economic scenario on the basis of growth rate and revenue

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Zirconium Market Set for Rapid Growth forecast 2020-2026

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  1. Zirconium Market To Reach USD 620.0 Million By 2026

  2. Market Summary Increase in nuclear power stations, rise in demand for surface coating products, and diverse applicability of zirconium are significant factors boosting Zirconium Market. Market Size – USD 420.0 Million in 2018, Market Growth - CAGR of 4.9%, Market Trends –Rise in the number of nuclear power stations. The Global Zirconium Market is forecast to reach USD 620.0 Million by 2026, according to a new report by Reports and Data. Various factors promote the expansion of the zirconium market. One of the mentionable factors in this context is the rise in the number of nuclear power stations in developing nations. Such an increase in nuclear power stations in developing countries results in promoting the demand for zirconium and expanding market growth. Regions like the Asia Pacific is a significant exporter of ceramics that have positive impact on the growth of the market.

  3. Market Summary In addition to the specified fact, zirconium has strong corrosion resistance properties that makes it appropriate for its application in nuclear power plants. The rise in nuclear power plants in developing nations and the presence of appropriate qualities to implement it in these plants contributes to the expansion of the industry. Apart from that, zirconium has diverse applicability ranging from table, pipes, sanitary ware, decorative ware, bricks, and ceramic tables. Such different application of zirconium also contributes to its market growth. It has qualities like high chemical resistance, low thermal expansion coefficient. These qualities in zirconium makes it applicable in foundry and refractories. In regards to the region, Asia Pacific leads the market due to the rise in the number of nuclear power plants and a significant export of ceramics. A combination of these two factors makes the zirconium market relevant to this region that contributes to its market dominance. The zirconium market held a market share of USD 420.0 million in the year 2018. It is forecasted to grow at a rate of 4.9% during the forecast period. REQUEST FREE SAMPLE : https://www.reportsanddata.com/sample-enquiry-form/1452

  4. Market Summary Key market players include Alkane, Iluka Resources, Tronox, Exxaro Resources, Kenmare Resources, Luxfer Holdings PLC, RBM, Oxkem Limited, Richards Bay Minerals, and Smartac Group China Holdings Limited. Occurrence Type Outlook (Revenue, USD Million; 2016-2026) (Kilo Tons) Zircon Zirconia Others Processing Type Outlook (Revenue, USD Million; 2016-2026) (Kilo Tons) Extraction Refining To identify the key trends in the industry, click on the link : https://www.reportsanddata.com/report-detail/zirconium-market

  5. Market Summary • Further key findings from the report suggest • End-user Outlook (Revenue, USD Million; 2016-2026) (Kilo Tons) • Ceramics • Zircon chemicals • Refractories • Foundry • Others • Related Reports – • SB Wire - http://www.sbwire.com/press-releases/zirconium-market-2019-2026-growth-analysis-by-key-players-like-iluka-resources-alkane-exxaro-resources-tronox-kenmare-resources-rbm-1230196.htm • Digital Journal - http://www.digitaljournal.com/pr/4782210?noredir=1

  6. About US Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact US John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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