What is the market value of zircon | Key Players & Strategic Developments 2026

Code: MTA11658 Publication Date: Dec 2025

What is the market value of zircon?

According to 6Wresearch internal database and industry insights, the Zircon Market was estimated at USD 2.6 billion in 2025 and is projected to reach USD 3.9 billion by 2032, expanding at a CAGR of 6% during the forecast period 2026–2032.

The market is growing due to multiple contributing factors such as strong demand from ceramics and refractories, wider utilization of zircon in foundry operations, rising requirement for zirconium-based chemical products and continuous improvements in mineral processing technologies.

Key Growth Drivers of the Zircon Market

  • The demand is increasing for zircon in ceramics and tiles manufacturing
  • The use is rising for zircon in refractories for high-temperature applications
  • Technological advancements in zircon milling and purification processes
  • Growing demand for zirconium chemicals in chemical and industrial uses
  • Increasing need for raw materials that last and can handle heat

Zircon Market Trends

The Zircon Market is witnessing major growth with trends such as rising adoption of zircon-based opacifiers in ceramic tiles offering enhanced whiteness and durability. Demand for zircon sand in foundry processes is increasing due to superior thermal stability and low thermal expansion. Aside from these, advancements in purification technologies are improving zircon quality for advanced applications. The use of micronized zircon is rising in coatings and specialty products. Further, the expansion of construction activities is boosting consumption of zircon-derived materials. Rising preference for high-strength and heat-resistant industrial inputs is driving further adoption across multiple sectors.

Emerging Developments in the Zircon Market

The Zircon Market is evolving with advancements in mineral separation techniques enabling improved recovery rates and higher-grade zircon products. Market has noticed increasing R&D in zirconium-based chemicals for advanced ceramics and coatings. Further, collaborations between mining companies and ceramics manufacturers are increasing. Expansion of automation in mining operations and mineral sorting is contributing in the market growth. More people are working on making processing technologies that are good for the environment. The emergence of high-quality zircon products made for specific industrial uses is changing the way people will want to buy them in the future.

List of Leading Companies in the Zircon Market

Some of the leading companies include:

  • Iluka Resources
  • Rio Tinto
  • Tronox Holdings
  • Kenmare Resources
  • Base Resources
  • Eramet
  • Industrias Penoles

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