Nano Composite Zirconia Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2019 – 2025
Report ID: GMI4377
Nano Composite Zirconia Market size is expected to witness positive gains, owing to strong product demand from automotive and medical industry. Product is a ceramic material which is doped with metal oxides with different reagents such as acids and alkali and reducing and oxidation properties. Also, it possess excellent mechanical, thermal, electromagnetic and optical properties. Owing to these characteristics product is widely used across multiple end-user industries such as automobile, electrical & electronics and medical industry.
Product has wide application in dental industry owing to its outstanding properties such as high strength, chemical stability and biocompatibility. Growing life expectancy and consumption of high sucrose food around the world shall propel product demand in denture application in the coming years. Additionally, the product is also used in joint prosthetics in the medical sector. This is attributed to zirconia ability to disperse and absorb energy and inhibiting crack growth makes it among the best prosthesis material used in nano composite zirconia market. Improving economic conditions in developing nation along with implementation of healthcare schemes by governments shall increase the product demand in the medical industry, which will help make notable impact to the overall nano composite Zirconia market size by 2025.
Nano composite Zirconia is also consumed in the manufacturing of oxygen sensors. These sensor has good electrical conductivity and has an important role in controlling exhaust emissions from automobiles. In automotive industry, oxygen sensors are very essential as they help in reducing the emission and pollution. Growing demand for environment friendly automobiles and rising adoption of sensors in air quality monitoring, control systems and indoor air filters shall have positive impact on nano composite Zirconia market size in the forecast period. The product also finds application in fiber optics and mobile terminal products. Growing demand of fast broadband connectivity and requirement of reliable, affordable and state of the art communication infrastructure shall boost the overall nano composite zirconia market size in the coming years.
Product also finds application in enhancing the toughness of ceramic cutters which are used to manufacture different cutting tools. Increasing demand of ceramic cutters shall propel the product demand in the forecast period. However, Zirconium is a rare earth metal and any variation in raw material supply is probable to have a negative impact on the overall business size in the forecast period.
Based on type, nano composite Zirconia market is segmented into composite Zirconia and Nano Zirconia. Rising demand of Zirconia composite from end user industries such as automotive, manufacturing and electrical and electronics shall drive the product demand by 2025. Market segmentation by application include functional ceramics, structural ceramics, super toughened ceramics and others. Structural ceramics is one of the major segments owing to its widespread application in medical and electronics industry. Furthermore, functional ceramics are likely to witness strong growth rate owing to growing demand from chemical, aerospace and defense industry.
North America is likely to witness strong growth rate due to prevalence of strong end user industries such as automobile, electrical and electronics and medical. Nano composite Zirconia market shall have exponential growth in Asia Pacific which is due to rapidly rising economies such as India, China, Bangladesh, South Korea and Indonesia. Europe captures the highest market share in 2018, which is mainly associated with strong automobile industry growth and presence of several product manufactures in the region. Rising health care industry in Latin America shall propel the product demand in the region.
Manufacturers that are active in the nano composite Zirconia market includes Saint-Gobain, Tosoh, Showa Denko, VITA Zahnfabrik, H.C. Starck, Rauschert, KYOCERA, Jiangsu Lida Gaoke, Solvay, Huawang, Ceramtec, Shandong Sinoc, Daiichi Kigenso Kagaku Kogyo, Guangdong Orient, Emperor Nano Material, Wan Jing New Material. Most of these manufactures are investing heavily in the R&D and new product development to sustain in the market. For instance, Solvay has developed Actalys and OPtalys, products containing Cerium and Zirconium oxides composites, to cater the customized customer’s requirements.
Nano Zirconia Composite, By Type, 2014-2025 (Tons) (USD Million)
- Composite Zirconia
- Nano Zirconia
Nano Zirconia Composite, By Application, 2014-2025 (Tons) (USD Million)
- Functional ceramics
- Structural ceramics
- Super toughened ceramics
The above information has been provided for the following regions and countries:
- North America
- South Korea
- Latin America
- South Africa
- Saudi Arabia
- Showa Denko
- H.C. Starck
- VITA Zahnfabrik
- Wan Jing New Material
- Jiangsu Lida Gaoke
- Daiichi Kigenso Kagaku Kogyo
- Shandong Sinoc
- Guangdong Orient
- Emperor Nano Material
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