The global demand for Zirconium Hydride Powder Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2022-2028.
Zirconium hydride is a chemical compound with the chemical formula ZrH2. It is a metal hydride composed of zirconium and hydrogen. Zirconium hydride powders are odorless, dark gray to black metallic powders. Zirconium hydride micron powder is used as strong reducing agents, and foaming agents. It is also used as additive in hard alloys. It is also used as a neutron moderator in thermal-spectrum nuclear reactors. Moreover, ZrH2 is used in powder metallurgy, as a hydrogenation catalyst, and as a reducing agent, vacuum tube getter, and a foaming agent in production of metal foams. Other uses include acting as a fuel in pyrotechnic compositions, namely pyrotechnic initiators.
Rising automotive production along with rising demand of electric vehicles across the globe is the key factor to drive the market growth. Moreover, increasing demand for powdered metal from various end-use industries owing to rapid industrialization and urbanization is also pushing the market growth. Apart from this, rising usage in various application as strengthening agent, foaming agent from various end-use industry is also boosting the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each segment in the global market of zirconium hydride powder.
The report segments the zirconium hydride powder market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.
- 99.0% Purity
- 98.0% Purity
- Strengthening Agent
- Foaming Agent
- Cemented Carbide Additives
- Powder Metallurgy
This section covers regional segmentation which accentuates on current and future demand for zirconium hydride powder market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Zirconium Hydride Powder Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the zirconium hydride powder market include Beijing Youxinglian Nonferrous Metals, Micron Metals, Albemarle, Western BaoDe Technologies, Zhuzhou Runfeng New Materials, Jinzhou Institute of Metal Material, S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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