Global Ceramic Balls Strategic Business Report 2023: Strong Demand from Automotive Industry Spurs Market Expansion


Dublin, June 19, 2023 (GLOBE NEWSWIRE) -- The "Ceramic Balls - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Ceramic Balls estimated at US$534.2 Million in the year 2022, is projected to reach a revised size of US$810.3 Million by 2030, growing at a CAGR of 5.3% over the analysis period 2022-2030.

Alumina, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$307.9 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Silicon segment is readjusted to a revised 6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $145.5 Million, While China is Forecast to Grow at 8.8% CAGR

The Ceramic Balls market in the U.S. is estimated at US$145.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$176.8 Million by the year 2030 trailing a CAGR of 8.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.9% and 5.8% respectively over the 2022-2030 period.

Within Europe, Germany is forecast to grow at approximately 2.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$110 Million by the year 2030.

Select Competitors (Total 42 Featured) -

  • Axens SA
  • Carter Manufacturing Ltd.
  • CoorsTek, Inc.
  • Devson Catalyst Pvt. Ltd.
  • Fineway Inc.
  • Global Precision Ball Roller
  • Guangzhou Chemxin Environmental Material Co., Ltd.
  • Honeywell International, Inc.
  • Industrial Tectonics Inc.
  • Industrie Bitossi S.P.A.
  • Metalball
  • Ningbo Tianyi Chemical Industrial (Tci) Co., Ltd.
  • Pingxiang XINGFENG Chemical Packing Co., Ltd.
  • Saint-Gobain
  • Topack Ceramics Pvt. Ltd.
  • Toshiba Materials Co., Ltd.
  • Vereinigte Fullkorper-Fabriken GmbH & Co. KG
  • Xi'an Lvneng Purification Technology Limited
  • Zibo Sinoshine Industrial Ceramic Co., Ltd.

Key Attributes:

Report AttributeDetails
No. of Pages294
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$534.2 Million
Forecasted Market Value (USD) by 2030$810.3 Million
Compound Annual Growth Rate5.3%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Ceramic Balls - Global Key Competitors Percentage Market Share in 2022 (E)
  • A Prelude to Ceramic Balls
  • Ceramic Balls Market to Witness Rapid Growth
  • Superior Benefits of Ceramic Balls over Steel Balls Propel Market Demand
  • Bearings- A Key Application of Ceramic Balls
  • Silicon-based Ceramic Balls to Exhibit the Fastest Growth
  • Other Applications
  • Impact of Covid-19 and a Looming Global Recession
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Strong Demand from Automotive Industry Spurs Market Expansion
  • Chemical Industry: Stable Growth Outlook Augurs Well for Ceramic Balls Market
  • Competition

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/nh7ngc

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Attachment

 
Global Market for Ceramic Balls

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