The report "Ceramic Balls Market by Function (Inert, and Active) Material (Silicon, Alumina, Zirconia), Application (Bearing, Grinding, valve), End-Use Industry (Automotive, Chemical, Aerospace), and Region - Global Forecast to 2023" The ceramic balls market is projected to grow from USD 433.0 million in 2018 to USD 636.3 million by 2023, at a CAGR of 8.0% between 2018 and 2023. The increasing use of heat & corrosion resistant materials in the automotive end-use industry is one of the significant factors driving the ceramic balls market.
Browse 73 market data Tables and 39 Figures spread through 118 Pages and in-depth TOC on "Ceramic Balls Market by Function (Inert, and Active) Material (Silicon, Alumina, Zirconia), Application (Bearing, Grinding, valve), End-Use Industry (Automotive, Chemical, Aerospace), and Region - Global Forecast to 2023"
Early buyers will receive 10% customization on reports.
Based on material, the silicon-based ceramic balls segment of the ceramic balls market is projected to register the highest CAGR during the forecast period
Silicon-based ceramic balls provide superior properties, such as excellent high temperature resistance corrosion resistance, and wear resistance, which have increased their importance in the automotive end-use industry. The properties offered by these ceramic balls are better than their substitutes, such as metals and alloys. This factor is projected to drive the silicon-based ceramic balls market during the forecast period.
The automotive end-use industry is projected to lead the ceramic balls market during the forecast period
Ceramic balls are lightweight, resistant to corrosion & heat, and durable. These properties make them one of the preferred products for the automotive end-use industry. The automotive industry is focusing on finding materials for reducing weight and increasing efficiency of the vehicles. These requirements have encouraged various players in the automotive industry to use ceramic balls as check balls, turbochargers, bearings, engine components, gauges, and other automotive parts. Therefore, the increased use of ceramic balls in the automotive industry is expected to be a major factor driving the market between 2018 and 2023.
APAC is estimated to be the largest market for ceramic balls in 2018, in terms of value.
APAC is estimated to be the largest market for ceramic balls in 2018. The growth of the APAC ceramic balls market can be attributed to the expansion of the automotive industries. The growth is also attributed to the presence of well-established automotive manufacturers in this region.
Key players operating in the global ceramic balls market include Saint-Gobain (France), Honeywell International (US), Axens (France), Toshiba Materials Co., Ltd. (Japan), Coorstek Inc. (US), Fineway Inc. (Canada), Industrial Tectonics Inc. (US), Metalball (France), Global Precision Ball & Roller (US), Devson Catalyst Private Limited (India), and Topack Ceramics Pvt. Ltd. (India).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441