Zirconium silicate (ZrSiO4), also known as Zircon, is a mineral that is used for a variety of industrial and decorative purposes. It is composed of the elements zirconium, silicon, and oxygen in a chemical structure that is similar to that of the mineral quartz.
Zirconium silicate is often used as a source of zirconium in industrial applications. It is also used in the glaze of ceramic work and porcelain products, and is an important component of many abrasives.
The industrial demand for zirconium silicate is driven by the need for additives to ceramic glazes, and for use in refractory and ceramic materials, as well as for its use in the nuclear industry.
Global demand for zirconium silicate has increased significantly in recent decades, mainly driven by the growth of the ceramics industry in China. China is the world’s largest producer and exporter of zirconium silicate, accounting for roughly half of global production. Other sizable producers include Japan, the United States, Australia, and South Africa.
The global Zirconium Silicate market was valued at US$ 1276.5 million in 2022 and is anticipated to reach US$ 1580.2 million by 2029, witnessing a CAGR of 3.1% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Zirconium Silicate Market available at: https://www.themarketreports.com/report/global-zirconium-silicate-market-research-report
This report aims to provide a comprehensive presentation of the global market for Zirconium Silicate, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Zirconium Silicate.
China is the largest market segment of Zirconium Silicate, with a consumption market share nearly 38.11% in 2018, followed by Europe with a consumption market share nearly 22.06% in 2018.
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