New York, February 2022: Axiom Market Research & Consulting™ added a report on zircon sand market which includes study on product, end-use industry and geography. Zircon sand market was projected to grow at a CAGR of 8.09% for the forecast period 2022 to 2028. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the zircon sand market.

The factors such as increasing demand from ceramic industry and rapidly growing market for building and construction industry across the globe. Increasing urbanization and increase in consumption of ceramic tiles is propelling the zircon sand market. Furthermore, increasing consumption of zircon products for the manufacturing of faceplates for computer screens and TV monitors continues to increase, particularly in developing countries such as India. This, in turn, propelling the market growth.

The report analyses the zircon sand market based on the product, end-use industry and geography. Based on the product, the zircon sand market is segmented into colourless, yellow-golden, brown, and others. By end use industry, the zircon sand is segmented into ceramics, refractory materials, medical & healthcare, building & construction and others. Geographically, the zircon sand market is studied for the regions including North America, Europe, Asia Pacific, and Rest of the World.

The colourless segment is expected to account for the largest market share

The factors can be accredited to its high demand in end-use industries. Zircon sands are rounded, naturally occurring sands used in refractory, ceramic, foundry, and precision investment casting applications. They are important components in the production of ladle brick, glazes, coatings, wall tiles, shell molds and cores, and metal chills.

The building & construction segment is likely to hold a significant share of the zircon sand market in the coming years

The growth this end use industry is primarily accredited to the surge in the investment in the building & construction industry across the globe. In addition, increasing use of zircon sand in ceramic industry is also likely to fuel the growth of the market in the coming years.

Asia Pacific is expected to lead the Zircon Sand market

APAC is likely to continue to hold the highest market share during the forecast period. Countries such as India and China are expected to dominate the market in the coming years. China is one of the fastest growing economies across the globe, and most of the end-use industries in the country are anticipated witness significant growth owing to its increasing population and enhanced standard of living.

Key Players

The key players in the zircon sand market are Alkane Resources Limited, Allegheny Technologies Inc, Australian Zircon NL, Bemax Resources Limited, Neo Materials Technologies Inc, Kenmare Resources Plc, E.I. DuPont de Nemours, Foskor Limited, Luxfer Group, Molycorp Inc, New Energy Holdings Limited, Richards Bay Minerals, Oxkem Limited, Tronox Limited and Zhejiang Jinkun Zirconium Industry Company Limited among other.

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