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

(MENAFN- GlobeNewsWire - Nasdaq) 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

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