Nano Composite Zirconia Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027
Report ID: GMI4377
Nano Composite Zirconia Market is projected to witness commendable growth through 2027 powered by a strong product demand across medical and automotive sectors. The use of these materials in medicine and dentistry has increased rapidly in recent years owing to superior corrosion resistance and aesthetic properties. In the automotive sector, these are used for the production of oxygen sensors, which are becoming mandatory due to strict regulatory standards.
The nano composite zirconia industry is experiencing increasing demand due to the remarkable properties of these materials. These include improved chemical resistance, high strength, superior stability, high thermal expansion coefficient, low thermal conductivity, and robust fracture toughness. The aforementioned properties make zirconia preferable in myriad industrial and engineering applications.
On the basis of type, the market is bifurcated into nano zirconia and composite zirconia. The nano zirconia market is anticipated to record substantial gains between 2021 and 2027. The materials find use as a catalyst in a wide range of organic reactions, in dental and optical coatings, and in photocatalytic and piezoelectric applications. They are among the primary constituents of ceramic dental materials. Nano zirconia is also witnessing new biomedical applications such as in antioxidant activities, anticancer agents, and cytotoxicity through reactive oxygen species. The expanding scope of research and development in medical and dental applications will augment the product demand significantly.
Considering the applications, the super toughened ceramics segment is expected to hold a notable share of the nano composite zirconia industry in the forthcoming years. The application of super toughened ceramics across myriad sectors is growing owing to their exceptional physical characteristics. These materials provide high resistance to abrasion and wear and tear. Some varieties of super hard ceramics are also light in weight and provide high strength, toughness, chemical resistance, thermal conductivity, and low thermal expansion. The increasing demand for these ceramics across automotive, construction, medical, and other areas will bolster the industry outlook.
From a geographical point of view, North America nano composite zirconia market size will experience notable expansion during the projected period 2021-2027. The regional demand is largely driven by the expanding dental sector. The U.S. CDC reports that more than 26% of adults in the country suffer from tooth decay, while a significant percentage of the adult population suffers from other oral problems. This has led to the increased utilization of ceramics in dentistry for making braces, crowns, and veneers. Ceramics are also used for dental procedures and dental fittings owing to their biocompatibility, hardness, insolubility, and aesthetic feel.
Saint-Gobain, Showa Denko, Solvay, Tosoh, KYOCERA, Emperor Nano Material, Wan Jing New Material, Guangdong Orient, Daiichi Kigenso Kagaku Kogyo, Shandong Sinoc, Ceramtec, Huawang, Jiangsu Lida Gaoke, Rauschert, H.C. Starck, and VITA Zahnfabrik are some of the leading suppliers of nano composite zirconia.
COVID-19 crisis and its impact on nano composite zirconia market landscape
The nano composite zirconia industry trends have been mainly affected due to the weakened product demand across automotive, medical, and dental applications. While automakers were forced to operate at a reduced capacity, clinicians and dentists witnessed a decline in patient appointments due to the coronavirus scare. According to the American non-profit organization FAIR Health, the demand for dental services dropped by 75% and 79% in March and April 2020 respectively.
However, with the improving COVID-19 situation and vaccination efforts, the dental sector is witnessing solid recovery. In February 2021, for instance, the America Dental Association (ADA) reported that more than 90% of patients were already back or were ready to go back to the dentist. This along with the recovery of other end-use sectors where ceramics are extensively used will bolster the nano composite zirconia market outlook.
What Information does this report contain?
Customize this Report
Our Market Research Reports Include:
- Market snapshot
- Market Segmentation
- Value Chain Analysis
- Growth Dynamics
- Potential Market Opportunities
- Regulatory Overview
- Technology Evolution
- Innovation & Sustainability