Nano Composite Zirconia Market 2019 to 2025, key
industry players & growth trends

Global Market Insights, Inc
present the report on global nano
composite zirconia market evaluates the growth trends of the
industry through historical study and estimates future prospects based on
comprehensive research. The report extensively provides the market share,
growth, trends and forecasts for the period 2019-2025.

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 possesses 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.

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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 sensors have 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.

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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.

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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.

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