The global zircon sand market is largely driven by the growing demand from the ceramic sector, the increased adoption of nuclear power plants, and surge in the use of surface coating. Additionally, the growing use of granite and tiles across various nations is expected to augment the demand for zircon sand. Another key factor fueling the demand for zircon sand is the foundry sector.
The major reason behind this extensive application of zircon sand is its excellent characteristics such as its hardness, endurance, and chemical inertness.In ceramics and foundry, particularly, zircon sand is gaining prominence due to its ability to bind all organic and inorganic sand binders, its high spatial stability at augmented temperatuins, and good recyclability. Against this backdrop, the global zircon sand market is expected to experience significant growth prospect in the upcoming years.
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Extensive Application of Zircon Sand to Accelerate Market Growth
Zircon sand has also found its applications in the electronics and industrial sector. Zircon-based products are utilised to manufacture faceplates for computer screens and TV monitors. Additionally, zircon sand is used as a raw material for the manufacturing of various products including glazes, frits, ornamental and floor tiles, and specialized glass and metal castings. Moreover, the ongoing research and development activities around zircon sand will continue to play an eminent role in facilitating the technological advances of the modern era. Such broad range of applications of zircon sand will continue to create substantial momentum for the global zircon sand market.
Paced Demand from Ceramic Sector Aids in Market Expansion
In recent years, owing to growing urbanisation, investments are pouring in large amounts in the global building and construction industry. This, in turn, is ascending the demand for zircon sand as it has numerous applications in ceramic sector. Zircon sand is among the major raw material for the manufacturing of ceramic tiles. It is also used to increase the abrasion resistance of glazed surfaces, particularly floor tiles. Another application of zircon sand is in advanced ceramics. Due to high refractive index of zircon, ceramics turn opaque and white. Moreover, the hardness of zircon sand aids in resistance to mechanical damage and scratching, which makes it more desirable for ceramics manufacturing. During the study period, the zircon sand market will reach sound maturity owing to increased infrastructure development.
Asia Pacific to Gain Competitive Edge in Global Zircon Sand Market Owing to Rising Investments in Building and Construction Sector
Asia Pacific is projected to hold a prominent share in the global zircon sand market. The growing investments in the building and construction sector is providing a major boost to the regional market. Furthermore, China’s growing population and improved standard of living has led to growth in its end-use sectors. This turn is propelling the demand for zircon sand in these industries. In addition to this, China’s nuclear power industry is growing at an unbated rate, simultaneously amplifying the demand for zircon sand.
Leading Market Players
Some of the major players in the zircon sand market include Allegheny Technologies, Alkane Resources, Neo material Technology, Australian Zircon, Bemax Resources, Kenmare Resources, Luxfer Group, Foskor, Richard Bay Minerals, Molycorp, Tronox Limited, Oxkem Limited, Iluka Resources Limited, Eramet, Rio Tinto.
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