Zirconiumoxychloride market was valued at US$ 570.79 million in 2023 and is projected to reach US$ 988.50 million by 2030, growing at a CAGR of 6.87% between 2024 and 2030.
Zirconium oxychloride (ZrOCl₂·8H₂O), also known as zirconyl chloride, is a widely used intermediate compound in manufacturing of zirconium-based materials, favored for its stability and application versatility.
Top 10 Companies in Zirconiumoxychloride Market
Guangdong Orient Zirconic Ind Sci & Tech
Shandong Hongyuan New Mstar Technology
Yixing Gaoyang Chemical
Shandong Guangtong New Materials
Anhui Kangda Zirconium Industry
KINGAN Hi-Tech
Zhejiang Zr-Valley Science & Technology
Sanxiang Advance Materials
In 2023, the top three companies accounted for approximately 73.40% of total revenue, indicating strong market concentration.
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Market Segmentation
By Type
ZrO₂ + HfO₂ ≥ 36.0%
ZrO₂ + HfO₂ ≥ 35.0%
By Application
Textile Industry
Rubber Industry
Paints and Coatings
Refractory Industry
Other
Production by Region
China
Consumption by Region
North America: U.S., Canada
Asia-Pacific: China, Japan, South Korea, Southeast Asia, India
Europe: Germany, France, UK, Italy, Russia, Rest of Europe
Latin America, Middle East & Africa: Mexico, Brazil, Turkey, GCC Countries, Rest of Region
Market Drivers
Growing Industrial Applications: Demand across coatings, refractories, and rubber sectors
Material Performance: Preferred for its thermal stability and chemical resistance
Technological Advancements: Innovations in zirconium refining and application-specific tailoring
Challenges and Opportunities
Raw Material Volatility: Market impacted by fluctuating prices of zirconium ore
Environmental Regulations: Stricter global compliance driving cleaner processing technologies
Sustainable Demand: Rise in green manufacturing and high-performance materials increasing zirconiumoxychloride usage across industries
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