Market Insights
The Zirconium Nitride market is estimated to reach at USD 183.4 million in 2027 from USD 103.1 million in 2020. The market is anticipated to grow at a CAGR of 8.3% during the forecast timeline.
Zirconium Nitride is white volatile water absorbing crystal. It is the zirconium’s metal nitrate salt. It provides good protection against wear and tear and corrosion. It is used for coating medical devices and parts of automotive, aerospace, industrial equipment. It is used in laboratory crucibles, cermets, and refractories. The “Global Zirconium Nitride Market” offers comprehensive and precise insights on this market.
Key Market Drivers and Restraints
This report covers very detailed analysis of major growth driving factors of growth Zirconium Nitride market. It also discusses the key factors affecting market growth for Zirconium Nitride industry and also helps to identify the key growth pockets.
Impact of COVID 19
COVID 19 has inflicted a severe impact on the global Zirconium Nitride industry. It affected the sales of Zirconium Nitride, and the global Zirconium Nitride market reported around 20.1% decline in its revenue as compared to 2019. However, with the lifting of the restrictions, the production of zirconium nitrate has increased and the demand is also recovering steadily from different industries. The global Zirconium Nitride market is anticipated to attain pre-COVID 19 levels soon.
Asia-Pacific to Dominate the global Zirconium Nitride market
The global Zirconium Nitride market is segmented into six geographies with all major economies pertaining to it. The report offers a comprehensive insight on major regional markets. Asia-Pacific is expected to lead the global market throughout the forecast period by holding 36.2% share in 2020.
Global Zirconium Nitride Market is dominated by the industrial-grade
Agricultural Grade, food-grade, industrial grade, optical grade, and pharmaceutical grade are the major grades of zirconium nitride. Industrial grade zirconium nitride had more demand in 2020. The huge demand for industrial-grade zirconium nitride is attributed to the demand for non-corrosive coating in automobiles, aerospace, and industrial cutting tools industries. The need for coating for crucibles and other medical devices drives the demand for pharmaceutical-grade zirconium nitrate.
The automobile industry is set to dominate the global demand for Zirconium Nitride
Based on Applications, the global Zirconium Nitride market is segmented into agriculture, automotive, aerospace, coating, food, equipment, industrial cutting tools, pharmaceutical, and others. To prevent wear and tear of high-end industrial cutting tools, zirconium nitride coating is provided. Likewise, to prevent corrosion in automobile parts, zirconium nitride coating is provided. The automobile sector accounted for nearly 15.6% of the overall revenue generated by the global Zirconium Nitride Industry.
Frequently asked questions about global Zirconium Nitride industry
Table of Content
1.Preface
1.1.Report Description
1.1.1.Purpose of the Report
1.1.2.Target Audience
1.1.3.USP and Key Offerings
1.2.Research Scope
1.3.Research Methodology
1.3.1.Phase I – Secondary Research
1.3.2.Phase II – Primary Research
1.3.3.Phase III – Expert Panel Review
1.3.4.Approach Adopted
1.3.4.1.Top-Down Approach
1.3.4.2.Bottom-Up Approach
1.3.5.Assumptions
1.4.Market Segmentation
2.Executive Summary
2.1.Market Snapshot: Global Zirconium Nitride Market
3.Market Dynamics
3.1.Introduction
3.1.1. Global Zirconium Nitride Market Value, 2015-2027, (US$ Bn)
3.2.Market Dynamics
3.2.1.Key Growth Trends
3.2.2.Major Industry Challenges
3.2.3.Key Growth Pockets
3.3.Attractive Investment Proposition, 2020
3.3.1.Grade
3.3.2.Application
3.3.3.Geography
4.Market Positioning of Key Players, 2020
4.1.Company market share of key players, 2020
4.2.Top 6 Players
4.3.Top 3 Players
4.4.Major Strategies Adopted by Key Players
5.COVID 19 Impact Analysis
5.1.Global Zirconium Nitride Market Pre Vs Post COVID 19, 2019 - 2027
5.2.Impact on Import & Export
5.3.Impact on Demand & Supply
6.North America
6.1.North America Zirconium Nitride Market, by Country, 2015-2027 (US$ Bn)
6.1.1.U.S.
6.1.2.Canada
6.1.3.Mexico
6.2.North America Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
6.2.1.Overview
6.2.2.Agricultural Grade
6.2.3.Food Grade
6.2.4.Industrial Grade
6.2.5.Optical Grade
6.2.6.Pharmaceutical grade
6.2.7.Others
6.3.North America Zirconium Nitride Market, By Application, 2015-2027 (US$ Bn)
6.3.1.Overview
6.3.2.Agriculture
6.3.3.Automotive
6.3.4.Aerospace
6.3.5.Coating
6.3.6.Food
6.3.7.Equipment
6.3.8.Industrial Cutting Tools
6.3.9.Pharmaceuticals
6.3.10.Others
7.Europe
7.1.Europe Zirconium Nitride Market, by Country, 2015-2027 (US$ Bn)
7.1.1.UK
7.1.2.France
7.1.3.Germany
7.1.4.Italy
7.1.5.Russia
7.1.6.Spain
7.1.7.Belgium
7.1.8.Netherland
7.1.9.Austria
7.1.10.Sweden
7.1.11.Poland
7.1.12.Denmark
7.1.13.Switzerland
7.1.14.Rest of Europe
7.2.Europe Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
7.2.1.Overview
7.2.2.Agricultural Grade
7.2.3.Food Grade
7.2.4.Industrial Grade
7.2.5.Optical Grade
7.2.6.Pharmaceutical grade
7.2.7.Others
7.3.Europe Zirconium Nitride Market, By Application, 2015-2027 (US$ Bn)
7.3.1.Overview
7.3.2.Agriculture
7.3.3.Automotive
7.3.4.Aerospace
7.3.5.Coating
7.3.6.Food
7.3.7.Equipment
7.3.8.Industrial Cutting Tools
7.3.9.Pharmaceuticals
7.3.10.Others
8.Asia Pacific
8.1.Asia Pacific Zirconium Nitride Market, by Country, 2015-2027 (US$ Bn)
8.1.1.China
8.1.2.Japan
8.1.3.South Korea
8.1.4.India
8.1.5.Australia
8.1.6.New Zealand
8.1.7.Taiwan
8.1.8.Southeast Asia
8.1.9.Central Asia
8.1.10.Rest of Asia Pacific
8.2.Asia Pacific Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
8.2.1.Overview
8.2.2.Agricultural Grade
8.2.3.Food Grade
8.2.4.Industrial Grade
8.2.5.Optical Grade
8.2.6.Pharmaceutical grade
8.2.7.Others
8.3.Asia Pacific Zirconium Nitride Market, By Application, 2015-2027 (US$ Bn)
8.3.1.Overview
8.3.2.Agriculture
8.3.3.Automotive
8.3.4.Aerospace
8.3.5.Coating
8.3.6.Food
8.3.7.Equipment
8.3.8.Industrial Cutting Tools
8.3.9.Pharmaceuticals
8.3.10.Others
9.Latin America
9.1.Latin America Zirconium Nitride Market, by Country, 2015-2027 (US$ Bn)
9.1.1.Brazil
9.1.2.Argentina
9.1.3.Peru
9.1.4.Chile
9.1.5.Colombia
9.1.6.Rest of Latin America
9.2.Latin America Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
9.2.1.Overview
9.2.2.Agricultural Grade
9.2.3.Food Grade
9.2.4.Industrial Grade
9.2.5.Optical Grade
9.2.6.Pharmaceutical grade
9.2.7.Others
9.3.Latin America Zirconium Nitride Market, By Application, 2015-2027 (US$ Bn)
9.3.1.Overview
9.3.2.Agriculture
9.3.3.Automotive
9.3.4.Aerospace
9.3.5.Coating
9.3.6.Food
9.3.7.Equipment
9.3.8.Industrial Cutting Tools
9.3.9.Pharmaceuticals
9.3.10.Others
10.Middle East
10.1.Middle East Zirconium Nitride Market, by Country, 2015-2027 (US$ Bn)
10.1.1.UAE
10.1.2.KSA
10.1.3.Israel
10.1.4.Turkey
10.1.5.Iran
10.1.6.Rest of Middle East
10.2.Middle East Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
10.2.1.Overview
10.2.2.Agricultural Grade
10.2.3.Food Grade
10.2.4.Industrial Grade
10.2.5.Optical Grade
10.2.6.Pharmaceutical grade
10.2.7.Others
10.3.Middle East Zirconium Nitride Market, By Application, 2015-2027 (US$ Bn)
10.3.1.Overview
10.3.2.Agriculture
10.3.3.Automotive
10.3.4.Aerospace
10.3.5.Coating
10.3.6.Food
10.3.7.Equipment
10.3.8.Industrial Cutting Tools
10.3.9.Pharmaceuticals
10.3.10.Others
11.Africa
11.1.Africa Zirconium Nitride Market, by Country, 2015-2027 (US$ Bn)
11.1.1.South Africa
11.1.2.Egypt
11.1.3.Nigeria
11.1.4.Rest of Africa
11.2.Africa Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
11.2.1.Overview
11.2.2.Agricultural Grade
11.2.3.Food Grade
11.2.4.Industrial Grade
11.2.5.Optical Grade
11.2.6.Pharmaceutical grade
11.2.7.Others
11.3.Africa Zirconium Nitride Market, By Application, 2015-2027 (US$ Bn)
11.3.1.Overview
11.3.2.Agriculture
11.3.3.Automotive
11.3.4.Aerospace
11.3.5.Coating
11.3.6.Food
11.3.7.Equipment
11.3.8.Industrial Cutting Tools
11.3.9.Pharmaceuticals
11.3.10.Others
12.Global
12.1.Global Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
12.1.1.Overview
12.1.2.Agricultural Grade
12.1.3.Food Grade
12.1.4.Industrial Grade
12.1.5.Optical Grade
12.1.6.Pharmaceutical grade
12.1.7.Others
12.2.Global Zirconium Nitride Market, By Application, 2015-2027 (US$ Bn)
12.2.1.Overview
12.2.2.Agriculture
12.2.3.Automotive
12.2.4.Aerospace
12.2.5.Coating
12.2.6.Food
12.2.7.Equipment
12.2.8.Industrial Cutting Tools
12.2.9.Pharmaceuticals
12.2.10.Others
13.Company Profiles
13.1.American Elements
13.2.Japan New Metals Co Ltd
13.3.Jinzhou Haixin Metal Materials Co Ltd
13.4.Nippon Light Metal Company Ltd
13.5.Otto Chemie Pvt Ltd
13.6.Oxkem Limited
13.7.Shandong Honrel Co Limited
13.8.Shanghai St-Nano Science and Technology Co Ltd
13.9.Zircomet Ltd
13.10. Zirconium Chemicals Pvt Ltd
List of Figures
FIG. 1 Global Zirconium Nitride Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Zirconium Nitride Market Segmentation
FIG. 4 Global Zirconium Nitride Market, by Grade , 2019 (US$ Bn)
FIG. 5 Global Zirconium Nitride Market, by Application, 2019 (US$ Bn)
FIG. 6 Global Zirconium Nitride Market, by Geography, 2019 (US$ Bn)
FIG. 7 Attractive Investment Proposition, by Geography, 2019
FIG. 8 Global Market Positioning of Key Zirconium Nitride Market Manufacturers, 2019
FIG. 9 Global Zirconium Nitride Market Value Contribution, By Grade, 2019 & 2027 (Value %)
FIG. 10 Global Zirconium Nitride Market, by Grade 1, Value, 2015-2027 (US$ Bn)
FIG. 11 Global Zirconium Nitride Market, by Grade 2, Value, 2015-2027 (US$ Bn)
FIG. 12 Global Zirconium Nitride Market, by Grade 3, Value, 2015-2027 (US$ Bn)
FIG. 13 Global Zirconium Nitride Market, by Grade 4, Value, 2015-2027 (US$ Bn)
FIG. 14 Global Zirconium Nitride Market, by Grade 5, Value, 2015-2027 (US$ Bn)
FIG. 15 Global Zirconium Nitride Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 16 Global Zirconium Nitride Market Value Contribution, By Application, 2019 & 2027 (Value %)
FIG. 17 Global Zirconium Nitride Market, Application 1, Value, 2015-2027 (US$ Bn)
FIG. 18 Global Zirconium Nitride Market, by Application 2, Value, 2015-2027 (US$ Bn)
FIG. 19 Global Zirconium Nitride Market, by Application 3, Value, 2015-2027 (US$ Bn)
FIG. 20 Global Zirconium Nitride Market, by Application 4, Value, 2015-2027 (US$ Bn)
FIG. 21 Global Zirconium Nitride Market, by Application 5, Value, 2015-2027 (US$ Bn)
FIG. 22 Global Zirconium Nitride Market, by Others, Value, 2015-2027 (US$ Bn)
FIG. 23 U.S. Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 24 Rest of North America Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 25 U.K. Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 26 Germany Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 27 France Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 28 Rest of Europe Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 29 Japan Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 30 China Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 31 India Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 32 Rest of Asia Pacific Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 33 Middle East & Africa Zirconium Nitride Market, 2015-2027 (US$ Bn)
FIG. 34 Latin America Zirconium Nitride Market, 2015-2027 (US$ Bn)
List of Tables
TABLE 1Market Snapshot: Global Zirconium Nitride Market
TABLE 2Global Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
TABLE 3Global Zirconium Nitride Market, by Application, 2015-2027 (US$ Bn)
TABLE 4Global Zirconium Nitride Market, by Geography, 2015-2027 (US$ Bn)
TABLE 5North America Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
TABLE 6North America Zirconium Nitride Market, by Application, 2015-2027 (US$ Bn)
TABLE 7North America Zirconium Nitride Market, by Country, 2015-2027 (US$ Bn)
TABLE 8Europe Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
TABLE 9Europe Zirconium Nitride Market, by Application, 2015-2027 (US$ Bn)
TABLE 10Europe Zirconium Nitride Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 11Asia Pacific Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
TABLE 12Asia Pacific Zirconium Nitride Market, by Application, 2015-2027 (US$ Bn)
TABLE 13Asia Pacific Zirconium Nitride Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 14Latin America Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
TABLE 15Latin America Zirconium Nitride Market, by Application, 2015-2027 (US$ Bn)
TABLE 16Latin America Zirconium Nitride Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 17Middle East Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
TABLE 18Middle East Zirconium Nitride Market, by Application, 2015-2027 (US$ Bn)
TABLE 19Middle East Zirconium Nitride Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 20Africa Zirconium Nitride Market, by Grade, 2015-2027 (US$ Bn)
TABLE 21Africa Zirconium Nitride Market, by Application, 2015-2027 (US$ Bn)
TABLE 22Africa Zirconium Nitride Market, by Country/Region, 2015-2027 (US$ Bn)
TABLE 23Company 01: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24Company 2: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Company 3: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26Company 4.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27Company 5: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 Company 6: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 29Company 7: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 30Company 8: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 31Company 9: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 32Company 10: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33Company 11: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34Company 12: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35Company 13: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments