Zirconium Concentrate: Global Industry Markets and Outlook, 1st Edition 2014
|発行||Roskill Information Services||商品コード||171850|
|出版日||ページ情報||英文 250 Pages, 156 Tables and 63 Figures
|ジルコニウム精鉱：世界の産業および市場 Zirconium Concentrate: Global Industry Markets and Outlook, 1st Edition 2014|
|出版日: 2014年10月03日||ページ情報: 英文 250 Pages, 156 Tables and 63 Figures||
World demand for zircon concentrate is at its lowest point for a decade. Consumers have implemented widespread programmes to reduce their reliance on the opacifier and refractory mineral. Substitution, changing fashions and manufacturing innovations have all served to reduce zircon use. These trends have been particularly pronounced in the traditional ceramics market, the largest application for zircon in which it is used as an opacifier mineral, where manufacturers have sought to lower their raw material costs.
Zircon price volatility has been the main driver behind these changes. Between 2010 and 2012, zircon prices more than doubled. In many cases, zircon consumers were unable to pass on increased costs, leading to new R&D efforts to reduce zircon loadings in finished products.
Production of traditional ceramics such as tiles, sanitaryware and tableware is the largest end market for zircon in the form of opacifier and flour. Milled zircon has seen increased competition from lower cost substitutes such as calcined alumina, feldspar and other aluminosilicate mixes. The main change, however, has been technological innovations such as the double-press method, which has transformed production of porcelain tiles in Asia and especially China, the world's largest tile producer. The use of zircon in ceramics fell more than 40% between 2011 and 2013 due to these factors.
In foundry sand casting markets, zircon has seen some competition from lower-cost chromite sand. The use of zircon in higher quality investment casting, however, has been more resilient to substitution threats.
In chemical and refractory markets, which account for the other major uses for zircon, the mineral has maintained its position as the raw material of choice. Zircon volumes used in these markets showed a slight decrease between 2011 and 2013, but these were influenced by lower end-market demand rather than substitution from competing materials.
Zircon substitution is now thought to be complete but whether former consumers will return to the market at the same level remains to be seen. Demand for zircon in ceramics is forecast to grow by 3.9%py to 2019, indicating that 2011 volumes are unlikely to be recovered in the short term.
Price volatility in the zircon market also appears to have calmed. Prices in early 2014 continued to decline gently but are forecast to stabilise in the second half of the year, in tandem with the zircon supply/demand balance. Prices and demand are projected to remain at similar levels into 2015, before growth returns to the market in 2016 when buyers' stockpiles are eliminated.
Between 2014 and 2019, nameplate zircon capacity is projected to rise by 2.0%py, while zircon demand is forecast to rise by 3.7%py. As a result zircon capacity utilisation rates are expected to improve. The timing of new proposed zircon projects will determine whether the market adjusts to new supply without a negative effect on pricing.
The 1st edition of Roskill's Zirconium Concentrate report provides a detailed overview of the zircon supply chain, profiling over 150 current and potential producers and processors of zircon sand and zirconium silicate. Building on Roskill's 13 prior editions of the Zirconium report, this brand new report focuses in even greater depth on zircon international trade flows, demand, end-use applications and prices; providing a comprehensive review of the zircon market and its prospects