North America Ceramic Balls Market Size, Share, and Analysis by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

North America 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)

Report Date : Jul 2019
Report Code : TIPRE00006276

Category : Chemicals and Materials
Status : Published

Available Report Formats :
No. of Pages : 126

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The North America ceramic balls market accounted to US$ 96.1 Mn in 2018 and is expected to grow at a CAGR of 6.0% during the forecast period 2019 - 2027, to account to US$ 170.2 Mn by 2027.

The US accounted for the largest market share in the North America ceramic balls market. The US has the largest fleet of trucks, trailers, and other heavy-duty vehicle production and sales across the region. The revival of the automotive industry, owing to pent-up demand and easy credit availability has indirectly led towards the growth of ceramic balls and bearings in the automotive industry. This is attributed to the rapid rise in the manufacturing of automotive parts. The rise in demand for automotive for varied purposes would raise the production capacity of automotive and related parts. This factors further propel the demand for ceramic balls in the US. Thus, the US accounted for the largest share in the ceramic balls market.

North America Ceramic Balls Markets

Revenue and Forecast, 2018.

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Market Insights

Growing application of ceramic balls in medical industry provides opportunity for the Ceramic Balls market growth

The expansion of applications of ceramic balls is anticipated to provide a huge developing potential for the ceramic balls market in the future. The companies have realized the immense potential regarding the usage of ceramic balls in the medical industry. The companies such as CoorsTek, Inc., MetalBall, Industrial Tectonics Inc., and Toshiba Materials Co., Ltd., are few of the companies that are offering ceramic balls for medical applications. Increase in acceptance of ceramic balls in the medical industry for diagnostic & laboratory equipment and surgical & dental tools are expected to provide substantial growth opportunity to the industry players in the coming future.

High initial cost associated with the use of ceramic balls is projected to restrict market growth

Currently, ceramic balls are replacing other metal balls in several end-use applications owing to their valuable properties of superior heat & corrosion resistance, higher operating speed, and high long term performance. Owing to these properties, ceramic balls are becoming an effective alternative for other metal balls. However, the initial cost associated with the use of ceramic bearings is higher than traditional steel ball bearings. Also, their superior efficiency and long term performance validate the cost for these bearings. Also, the manufacturing of the ceramic balls is relatively expensive as compared to steel and other metal balls which may restrain the ceramic balls market growth. However, enhancement in manufacturing processes of ceramic balls in coming years may reduce the cost of ceramic balls and provide a lucrative opportunity for ceramic balls market over the forecast period.

Material Insights

The North America ceramic balls market by material has been segmented into zirconia, silicon, alumina, and others. The alumina ceramic balls market segment dominated the North America ceramic balls market. Alumina ceramic balls are also used in various industries such as enamel, glass, and chemical industry for fine machining or further processing. These balls can be used at a very high temperature and extreme conditions. It is owing to these properties they are used in applications such as chemical pumps, down-hole pumps, valves, bearings, gauges, flow meters, etc. which further boost the ceramic balls market.

Application Insights

On the basis of application, the North America ceramic balls market has been segmented into aerospace, automotive, chemical, and others. Under application segment, automotive is the leading segment in the North America ceramic balls market. The highest share in the automotive segment is mainly attributed to the high demand and production of the vehicle in this region. For instance, North America has a leverage of developed automotive market and therefore considered to be one of the largest commercial vehicle production and sales nations throughout the world. Mexico has produced a total of USD 92Bn of auto parts for the OEMs and aftermarket clientele in 2017. This factors provides a huge development opportunity for ceramic balls market players from the automotive industry.

Mexico Ceramic Balls Market by Application

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North America Ceramic Balls Market: Strategic Insights

Get Top Key Market Trends of this report.
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Merger & acquisition and expansion were observed as the most adopted strategies in North America ceramic balls market. Few of the recent developments in the North America 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.

2016:

CoorsTek, Inc. invested $120 million for the development of a new center for advanced materials in Colorado. The CoorsTek Center for Advanced Materials is a modern facility which combines the experience of the experts and the tools needed for innovation.

2016:

Toshiba Materials Co., Ltd., and Kyocera Corporation collaborated to start the development and production of nitride ceramic components.

NORTH AMERICA CERAMIC BALLS MARKET SEGMENTATION

By Material

• Zirconia• Silicon• Alumina• Others

By Function

• Active• Inert

By Application

• Aerospace• Automotive• Chemical• Others

By Country

US
Canada
Mexico

Company Profiles

Axens
CoorsTek, Inc.
Fineway Inc.
Global Precision Ball & Roller
IIndustrie Bitossi
Industrial Tectonics Inc.
Micro Surface Engineering, Inc.
Preciball SA
Topack Ceramics Pvt. Ltd
Toshiba Materials Co., Ltd.

Report Scope

North America Ceramic Balls Market Regional Insights

The regional trends and factors influencing the North America Ceramic Balls Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses North America Ceramic Balls Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

north-america-ceramic-balls-market-global-geography

Get the Regional Specific Data for North America Ceramic Balls Market

North America Ceramic Balls Market Report Scope

Report Attribute	Details
Market size in 2018	US$ 96.1 Million
Market Size by 2027	US$ 170.2 Million
Global CAGR (2019 - 2027)	6.0%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Material Zirconia Silicon Alumina By Function Active and Inert By and Application Aerospace Automotive Chemical
Regions and Countries Covered	North America US Canada Mexico
Market leaders and key company profiles	Axens CoorsTek, Inc. Fineway Inc. Global Precision Ball & Roller IIndustrie Bitossi Industrial Tectonics Inc. Micro Surface Engineering, Inc. Preciball SA Topack Ceramics Pvt. Ltd

North America Ceramic Balls Market Players Density: Understanding Its Impact on Business Dynamics

The North America Ceramic Balls Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the North America Ceramic Balls Market are:

Axens
CoorsTek, Inc.
Fineway Inc.
Global Precision Ball & Roller
IIndustrie Bitossi

Disclaimer: The companies listed above are not ranked in any particular order.

Get the North America Ceramic Balls Market top key players overview

Research Manager

Habi Ummer

Manager,
Market Research & Consulting

Habi is a seasoned Market Research Analyst with 8 years of experience specializing in the Chemicals and Materials sector, with additional expertise in the Food & Beverages and Consumer Goods industries. He is a Chemical Engineer from Vishwakarma Institute of Technology (VIT) and has developed deep domain knowledge across industrial and specialty chemicals, paints and coatings, paper and packaging, lubricants, and consumer products. Habi’s core competencies include market sizing and forecasting, competitive benchmarking, trend analysis, client engagement, report writing, and team coordination—making him adept at delivering actionable insights and supporting strategic decision-making.

What are the North America Ceramic Balls Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

North America Ceramic Balls Market Report Snapshots

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