Europe Ceramic Balls Market to 2027 - Regional Analysis and Forecasts By Material (Zirconia, Silicon, Alumina, and Others), Function (Active and Inert), and Application (Aerospace, Automotive, Chemical, and Others)
The Europe ceramic balls market accounted to US$ 129.5 Mn in 2018 and is expected to grow at a CAGR of 6.6% during the forecast period 2019 - 2027, to account to US$ 280.7 Mn by 2027.
Germany accounted for the largest market share in the Europe ceramic balls market. The rise ceramic balls market in Germany is primarily attributed to the expansion of the automotive industry in the region. The automotive industry in Germany provide a huge market opportunity in the ceramic balls market. The automotive industry in Germany with respect to the production of high-tech automotive products is one of the strongest in the world. For instance, according to Germany trade and invest report more than 5.5 million passenger vehicle was produced in Germany in 2017. Moreover, countries like Germany, France, Italy, and the UK have a flourishing manufacturing industry which further propels the demand for ceramic balls in these countries.
Europe Ceramic Balls Markets
Revenue and Forecast, 2018
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Market Insights
Remarkable spending in chemical industry provides opportunity for the ceramic balls market growth
The demand for ceramic has increased from the chemical industry which provide a huge developing potential for key players operating in the Europe Ceramic balls market. The chemical industry is expected to spend heavily over the next twenty years owing to the introduction of new feedstock sources. This spending in the chemical industry is expected to boost the capacity of production and contribute to more efficient production. Ceramic bearings are more suitable for extreme chemical, thermal, and mechanical stress conditions owing to their lower density, hardness, and resistance to wear & corrosion. Therefore, the overall development of ceramic industry in Europe boost the ceramic balls market growth.
Developed automotive industry in Europe boosts the demand for ceramic balls for bearings and valves
Ceramic balls are highly adopted in automotive applications owing to its lighter weight, rigidity, and corrosion resistance. In automobiles, ceramic bearings attain a faster speed with minimum energy owing to its increased stiffness, durability, reduced rolling resistance, and reduced weight. Ceramic automotive bearings are commonly used with airbags, seat slides & seating tracks, constant velocity joints, seatbelt locking mechanism, double offset joints, spindle bearings, and tripod joints including many other systems. Moreover, the rise in demand for turbochargers subsequently increases the demand for ceramic ball market in Europe.
Function Insights
On the basis of function, the Europe ceramic balls market has been segmented into active and inert. Under the function segment, the inert ceramic balls market led the Europe ceramic balls market. The highest share of the inert ceramic balls segment is mainly to a wide range of product offering for applications such as petroleum, chemical, fertilizer, natural gas, and environmental protection industries. In gas processing, the inert ceramic balls are used drying, and gas liquefaction processes. Furthermore, the primary role of inert ceramic balls is to enhance liquid distribution. These balls also offer support and protection to the activating catalyst with low strength, which further boosts the demand for inert ceramic balls market in the chemical applications.
Application Insights
The Europe ceramic balls market by application has been segmented into aerospace, automotive, chemical, and others. The automotive market segment dominated the Europe ceramic balls market. This sector accounts for almost 4% of the total European GDP. Europe is among the world’s largest producer of motor vehicles. Taking into consideration the developing potential of the automotive industry and maintain its global technological leadership, the government in European Commissions provide funds for research and development. Therefore, the constant growth in the automotive industry promotes the demand for ceramic balls. Moreover, the demand for ceramic balls in the aerospace industry is anticipated to grow at a faster pace over the forecast period.
Rest of Europe Ceramic Balls Market by Application
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Strategic Insights
Merger & acquisition and expansion were observed as the most adopted strategies in Europe ceramic balls market. Few of the recent developments in the Europe ceramic balls market are listed below:
2018: CoorsTek, Inc. opened a research and development (R&D) center in Uden, The Netherlands. The new R&D center is closely connected with the R&D teams of the company in Japan and the United States, which is involved in developing technical ceramics capabilities to support CoorsTek customers around the world.
2016: Toshiba Materials Co., Ltd., and Kyocera Corporation collaborated to start the development and production of nitride ceramic components.
2016: CoorsTek, Inc. invested $120 million for the development of a new center for advanced materials in Colorado. The investment will support the rapid development of new materials helping customers to solve the challenges with the high-performance properties of advanced ceramics. The CoorsTek Center for Advanced Materials is a modern facility which combines the experience of the experts and the tools needed for innovation.
EUROPE CERAMIC BALLS MARKET SEGMENTATION
By Material
By Function
By Application
By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
Company Profiles
- Axens
- CoorsTek, Inc.
- Devson Catalyst Pvt. Ltd
- Global Precision Ball & Roller
- IIndustrie Bitossi
- Industrial Tectonics Inc.
- MetalBall
- Preciball SA
- Topack Ceramics Pvt. Ltd
- Toshiba Materials Co., Ltd.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Ceramic Balls Market – By Material
1.3.2 Europe Ceramic Balls Market – By Function
1.3.3 Europe Ceramic Balls Market – By Application
1.3.4 Europe Ceramic Balls Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Ceramic Balls Market Landscape
4.1 Market Overview
4.2 PEST Analysis – Europe
5. Ceramic Balls Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Preference for Ceramic Balls Over Steel Balls
5.1.2 Developed Automotive Industry in Europe Boosts the Demand for Ceramic Balls for Bearings and Valves
5.2 Market Restraints
5.2.1 High Initial Cost Associated with the Use of Ceramic Balls
5.3 Market Opportunity
5.3.1 Remarkable spending in chemical industry to foster the market growth
5.4 Future Trends
5.4.1 Growing application in medical industry
5.5 Impact Analysis of Drivers and Restraints
6. Ceramic Balls – Europe Market Analysis
6.1 Europe Ceramic Balls Market Overview
6.2 Europe Ceramic Balls Market Forecast and Analysis
7. Europe Ceramic Balls Market Analysis – By Material
7.1 Overview
7.2 Europe Ceramic Balls Market Breakdown, By Material, 2018 & 2027
7.3 Zirconia
7.3.1 Overview
7.3.2 Europe Zirconia Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Silicon
7.4.1 Overview
7.4.2 Europe Silicon Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Alumina
7.5.1 Overview
7.5.2 Europe Alumina Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Europe Other Ceramic Balls Materials Market Revenue and Forecasts to 2027 (US$ Mn)
8. Europe Ceramic Balls Market Analysis – By Function
8.1 Overview
8.2 Europe Ceramic Balls Market Breakdown, By Function, 2018 & 2027
8.3 Active
8.3.1 Overview
8.3.2 Europe Active Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Inert
8.4.1 Overview
8.4.2 Europe Inert Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
9. Europe Ceramic Balls Market Analysis – By Application
9.1 Overview
9.2 Europe Ceramic Balls Market Breakdown, By Application, 2018 & 2027
9.3 Aerospace
9.3.1 Overview
9.3.2 Europe Aerospace Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Automotive
9.4.1 Overview
9.4.2 Europe Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Chemical
9.5.1 Overview
9.5.2 Europe Chemical Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Europe Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Ceramic Balls Market – Geographical Analysis
10.1 Overview
10.1.1 Europe Ceramic Balls Market Breakdown, by Key Countries
10.1.1.1 Germany Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.1.1 Germany Ceramic Balls Market Breakdown by Material
10.1.1.1.2 Germany Ceramic Balls Market Breakdown by Function
10.1.1.1.3 Germany Ceramic Balls Market Breakdown by Application
10.1.1.2 France Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.2.1 France Ceramic Balls Market Breakdown by Material
10.1.1.2.2 France Ceramic Balls Market Breakdown by Function
10.1.1.2.3 France Ceramic Balls Market Breakdown by Application
10.1.1.3 Italy Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.3.1 Italy Ceramic Balls Market Breakdown by Material
10.1.1.3.2 Italy Ceramic Balls Market Breakdown by Function
10.1.1.3.3 Italy Ceramic Balls Market Breakdown by Application
10.1.1.4 UK Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.4.1 UK Ceramic Balls Market Breakdown by Material
10.1.1.4.2 UK Ceramic Balls Market Breakdown by Function
10.1.1.4.3 UK Ceramic Balls Market Breakdown by Application
10.1.1.5 Russia Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.5.1 Russia Ceramic Balls Market Breakdown by Material
10.1.1.5.2 Russia Ceramic Balls Market Breakdown by Function
10.1.1.5.3 Russia Ceramic Balls Market Breakdown by Application
10.1.1.6 Rest of Europe Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.6.1 Rest of Europe Ceramic Balls Market Breakdown by Material
10.1.1.6.2 Rest of Europe Ceramic Balls Market Breakdown by Function
10.1.1.6.3 Rest of Europe Ceramic Balls Market Breakdown by Application
11. Industry Landscape
11.1 Overview
11.2 Merger & Acquisition
11.3 Expansion and Other Strategic Development
11.4 Expansion and Other Strategic Development
12. Company Profiles
12.1 Axens
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 CoorsTek Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Fineway Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.4 Devson catalyst Pvt.Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Global Precision Ball & Roller
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 Industrie Bitossi
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 SWOT Analysis
12.7 Industrial Tectonics Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Industrial Tectonics Inc
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 MetalBall
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.10 Preciball SA
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.11 Topack Ceramics Pvt. Ltd.
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.12 Toshiba Materials Co., LTD.
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Europe Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Europe Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 3. Europe Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 4. Europe Ceramic Balls Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 5. Germany Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 6. Germany Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 7. Germany Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 8. France Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 9. France Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 10. France Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 11. Italy Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 12. Italy Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 13. Italy Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 14. UK Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 15. UK Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 16. UK Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 17. Russia Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 18. Russia Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 19. Russia Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 20. Rest Of Europe Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 21. Rest Of Europe Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 22. Rest of Europe Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 23. Glossary of Terms, Ceramic Balls Market
LIST OF FIGURES
Figure 1. Europe Ceramic Balls Market Segmentations
Figure 2. Europe Ceramic Balls Market Segmentation – By Country
Figure 3. Germany Ceramic Balls Market, By Revenue, 2018 & 2027, US$ Mn
Figure 4. Europe Ceramic Balls Market – By Application, 2018-2027, (%)
Figure 5. Europe Pest Analysis
Figure 6. Ceramic Balls Market Impact Analysis Of Driver And Restraints
Figure 7. Europe Ceramic Balls Market Forecast And Analysis, (US$ Mn)
Figure 8. Europe Ceramic Balls Market Breakdown by Material, 2018 & 2027 (%)
Figure 9. Europe Zirconia Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 10. Europe Silicon Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 11. Europe Alumina Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 12. Europe Other Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 13. Europe Ceramic Balls Market Breakdown by Function, 2018 & 2027 (%)
Figure 14. Europe Active Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 15. Europe Inert Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 16. Europe Ceramic Balls Market Breakdown by Application, 2018 & 2027 (%)
Figure 17. Europe Aerospace Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 18. Europe Automotive Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 19. Europe Chemical Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 20. Europe Other Applications Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 21. Europe Ceramic Balls Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 22. Germany Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 23. France Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 24. Italy Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 25. UK Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 26. Russia Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 27. Rest of Europe Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 28. Ceramic Balls Market, Industry Landscape (2015-2018) (%)
The List of Companies
- Axens
- CoorsTek, Inc.
- Devson Catalyst Pvt. Ltd
- Global Precision Ball & Roller
- IIndustrie Bitossi
- Industrial Tectonics Inc.
- MetalBall
- Preciball SA
- Topack Ceramics Pvt. Ltd
- Toshiba Materials Co., Ltd.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Europe Ceramic Balls Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.