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 Attribute | Details |
| No. of Pages | 294 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $534.2 Million |
| Forecasted Market Value (USD) by 2030 | $810.3 Million |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
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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