US Zirconium Market Size study, by Occurrence Type (Zirconia, Zircon, and Other Occurrence Types), Application (Zircon Opacifier, Zircon Flour/Milled Sand, Zircon Chemicals, Refractories (Zirconia), and Zircon Metal) Forecasts 2022-2032

US Zirconium Market Size study, by Occurrence Type (Zirconia, Zircon, and Other Occurrence Types), Application (Zircon Opacifier, Zircon Flour/Milled Sand, Zircon Chemicals, Refractories (Zirconia), and Zircon Metal) Forecasts 2022-2032

US Zirconium Market is valued approximately USD 304.33392 million in 2023 and is anticipated to grow with a healthy growth rate of more than 6.85% over the forecast period 2024-2032. The zirconium market encompasses the global industry involved in the production, processing, and distribution of zirconium and its compounds. Derived primarily from the mineral zircon, zirconium finds application in various sectors including nuclear energy, aerospace, chemicals, ceramics, and industrial processes. Its exceptional properties, such as corrosion resistance and high melting point, make it indispensable in nuclear reactor cladding, catalysts, refractory materials, and more. Zirconium and its compounds are used in several industrial sector in US region, such as in US has a numerous nuclear power plant, where zirconium alloys can be used for cladding nuclear fuel rods due to their excellent corrosion resistance and low neutron absorption properties, which drives demand for the US zirconium market. Furthermore, the US aerospace & defense industries use zirconium alloys in aircraft components, rocket engines and military hardware because it provides high strength-to-weight ratio, withstand harshest of environment, resistance to corrosion, and ensure jet engine run cleanly and efficiently.

Chemical sector is one of the leading sectors that propel demand for the US zirconium market due to zirconium high performance catalysts and additives. It plays an important role in several chemical processes across US region such as catalysts, pigments, and additives due to their unique chemical properties and thermal stability. The US chemical industry is expanding and to meet the rising demand for specialty chemicals, polymers, and petrochemicals, there is surge in need for advanced catalysts and additives to enhance process efficiency and product quality. The Zirconium-based catalyst offers brilliant catalytic activity, selectivity, and durability, making them essential in numerous chemical reactions, including polymerization, hydrogenation, and oxidation. With growing investments in research & developments with growing emphasis on sustainability and performance optimization in chemical manufacturing drive demand for the zirconium-based catalysts and additives expected to drive demand in the US zirconium market. However, competition from alternative materials and a high production cost, on the other hand, will stifle market growth between 2022 and 2032.

Major market player included in this report are:
Doral Mineral Sands Pty Ltd
Tronox Holdings PLC
Reade Advanced Materials
Accumet Materials Co
INSACO Inc.
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By Occurrence Type
Zircon
Zirconia
Other Occurrence Types

By Applications
Zircon Flour/Milled Sand
Zircon Opacifier
Refractories (Zirconia)
Zircon Chemicals
Zircon Metal

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

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