Asia Pacific 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 Asia Pacific ceramic balls market accounted to US$ 168.9 Mn in 2018 and is expected to grow at a CAGR of 8.4% during the forecast period 2019 - 2027, to account to US$ 347.4 Mn by 2027.
China held the largest market share in the Asia Pacific ceramic balls market. The rise ceramic balls market in China is primarily attributed to the expansion of the automotive industry in the region. The Chinese economy is flooded with manufacturing and assembly units of some of the major manufacturers of electronics, automotive, and aerospace industries around the world. The rising production capacities of these units is creating a strong demand for advanced materials for efficient manufacturing. These factors further propel the demand for ceramic balls market in China.
Asia Pacific Ceramic Balls Markets Revenue and Forecast, 2018
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Market Insights
A significant shift of the consumers towards ceramic balls over steel balls provides an opportunity for the ceramic balls market growth
Steel ball bearings are comparatively older technology and used in many applications owing to the ability to handle very high loads. However, these bearings are noisy, heavy, and deliver lower chemical resistance. Also, they require constant lubrication and maintenance and susceptible to corrosion in humid environments. Along with this, compared to steel, ceramic materials provide superior heat resistance, higher dimensional stability, corrosion resistance, and lower density, which enables high speed. Thus, the aforementioned benefits associated with the use of ceramic balls are driving the Asia Pacific ceramic balls market.
Growing application of ceramic balls in the medical industry
The companies have realized the immense potential regarding the usage of ceramic balls in the medical industry. The companies such as CoorsTek, Inc., Industrial Tectonics Inc., and Toshiba Materials Co., Ltd., are few of the companies that are offering ceramic balls for medical applications. Similar to the chemical industry, pharmaceutical industries are subjected to a sensitive production environment, and ceramic balls and bearings are suitable solutions 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.
Function Insights
On the basis of function, the Asia Pacific ceramic balls market has been segmented into active and inert. Under the function segment, the inert ceramic balls market led the Asia Pacific ceramic balls market. Moreover, the active ceramic balls segment is anticipated to register the fastest CAGR over the projected period due to increasing demand from the automotive and chemical industry. Active ceramic ball is a porous, and a highly dispersed solid material. Its microporous surface has the catalytic properties that are needed for adsorption, surface activity, excellent thermal stability, etc. This types of balls are characterized by high strength, and wear resistance, owing this it is widely used as a catalyst and a catalyst carrier for chemical reactions. Moreover, this type of balls is used as an adsorbent, desiccant, and catalyst carrier in petroleum, fertilizer, and gas separation industries.
Application Insights
The Asia Pacific ceramic balls market by application has been segmented into aerospace, automotive, chemical, and others. The automotive application segment accounted for the largest share in the Asia Pacific ceramic balls market. The Asia Pacific region is among the largest producer of vehicles globally. The growth in the automotive industry in Asia Pacific region provides a huge developing potential for other related sectors such as automotive component and part manufacturers. Ceramic balls are used in seating tracks, seat slides, safety restraints, seatbelt locking mechanisms, airbags, etc. due to its characteristics such as high-temperature resistance and strength. Therefore, the wide application of ceramic balls in a variety of automotive component drives the ceramic balls market in the automotive industry.
Rest of APAC Ceramic Balls Market by Application
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Strategic Insights
Merger & acquisition and expansion were observed as the most adopted strategies in Asia Pacific ceramic balls market. Few of the recent developments in the Asia Pacific 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 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.
ASIA PACIFIC CERAMIC BALLS MARKET SEGMENTATION
By Material
- Zirconia
- Silicon
- Alumina
- Others
By Function
- Active
- Inert
By Application
- Aerospace
- Automotive
- Chemical
- Others
By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Company Profiles
- Axens
- CoorsTek, Inc.
- Devson Catalyst Pvt. Ltd
- IIndustrie Bitossi
- Industrial Tectonics Inc.
- Pingxiang XINGFENG Chemical Packing Co., Ltd
- Preciball SA
- Topack Ceramics Pvt. Ltd
- Toshiba Materials Co., Ltd.
- Zibo Sinoshine Import & Export 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 Asia Pacific Ceramic Balls Market – By Material
1.3.2 Asia Pacific Ceramic Balls Market – By Function
1.3.3 Asia Pacific Ceramic Balls Market – By Application
1.3.4 Asia Pacific 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 – Asia Pacific
5. Ceramic Balls Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Significant Shift of the Consumers Towards Ceramic Balls Over Steel Balls
5.1.2 Increasing Use of Ceramic Balls in the Automotive Industry
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 – Asia Pacific Market Analysis
6.1 Asia Pacific Ceramic Balls Market Overview
6.2 Asia Pacific Ceramic Balls Market Forecast and Analysis
6.3 Market Positioning/ Market Share
7. Asia Pacific Ceramic Balls Market Analysis – By Material
7.1 Overview
7.2 Asia Pacific Ceramic Balls Market Breakdown, By Material, 2018 & 2027
7.3 Zirconia
7.3.1 Overview
7.3.2 Asia Pacific Zirconia Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 Silicon
7.4.1 Overview
7.4.2 Asia Pacific Silicon Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
7.5 Alumina
7.5.1 Overview
7.5.2 Asia Pacific Alumina Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Asia Pacific Other Ceramic Balls Materials Market Revenue and Forecasts to 2027 (US$ Mn)
8. Asia Pacific Ceramic Balls Market Analysis – By Function
8.1 Overview
8.2 Asia Pacific Ceramic Balls Market Breakdown, By Function, 2018 & 2027
8.3 Active
8.3.1 Overview
8.3.2 Asia Pacific Active Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
8.4 Inert
8.4.1 Overview
8.4.2 Asia Pacific Inert Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
9. Asia Pacific Ceramic Balls Market Analysis – By Application
9.1 Overview
9.2 Asia Pacific Ceramic Balls Market Breakdown, By Application, 2018 & 2027
9.3 Aerospace
9.3.1 Overview
9.3.2 Asia Pacific Aerospace Market Revenue and Forecasts to 2027 (US$ Mn)
9.4 Automotive
9.4.1 Overview
9.4.2 Asia Pacific Automotive Market Revenue and Forecasts to 2027 (US$ Mn)
9.5 Chemical
9.5.1 Overview
9.5.2 Asia Pacific Chemical Market Revenue and Forecasts to 2027 (US$ Mn)
9.6 Others
9.6.1 Overview
9.6.2 Asia Pacific Others Market Revenue and Forecasts to 2027 (US$ Mn)
10. Ceramic Balls Market – Geographical Analysis
10.1 Overview
10.1.1 Asia Pacific Ceramic Balls Market Breakdown, by Key Countries
10.1.1.1 Australia Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.1.1 Australia Ceramic Balls Market Breakdown by Material
10.1.1.1.2 Australia Ceramic Balls Market Breakdown by Function
10.1.1.1.3 Australia Ceramic Balls Market Breakdown by Application
10.1.1.2 China Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.2.1 China Ceramic Balls Market Breakdown by Material
10.1.1.2.2 China Ceramic Balls Market Breakdown by Function
10.1.1.2.3 China Ceramic Balls Market Breakdown by Application
10.1.1.3 India Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.3.1 India Ceramic Balls Market Breakdown by Material
10.1.1.3.2 India Ceramic Balls Market Breakdown by Function
10.1.1.3.3 India Ceramic Balls Market Breakdown by Application
10.1.1.4 Japan Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.4.1 Japan Ceramic Balls Market Breakdown by Material
10.1.1.4.2 Japan Ceramic Balls Market Breakdown by Function
10.1.1.4.3 Japan Ceramic Balls Market Breakdown by Application
10.1.1.5 South Korea Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.5.1 South Korea Ceramic Balls Market Breakdown by Material
10.1.1.5.2 South Korea Ceramic Balls Market Breakdown by Function
10.1.1.5.3 South Korea Ceramic Balls Market Breakdown by Application
10.1.1.6 Rest of Asia Pacific Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
10.1.1.6.1 Rest of Asia Pacific Ceramic Balls Market Breakdown by Material
10.1.1.6.2 Rest of Asia Pacific Ceramic Balls Market Breakdown by Function
10.1.1.6.3 Rest of Asia Pacific 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 Devson Catalyst Pvt. Ltd
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 Industrie Bitossi
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 Industrial Tectonics Inc
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
12.5.6 Key Developments
12.6 Pingxiang XINGFENG Chemical Packing Co., Ltd
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
12.7 Preciball SA
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
12.8 Topack Ceramics Pvt. Ltd.
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
12.9 Toshiba Materials Co., LTD.
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
12.9.6 Key Developments
12.10 Zibo Sinoshine Import & Export Co., Ltd
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
13. Appendix
13.1 About the Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Asia Pacific Ceramic Balls Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Asia Pacific Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 3. Asia Pacific Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 4. Asia Pacific Ceramic Balls Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 5. Australia Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 6. Australia Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 7. Australia Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 8. China Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 9. China Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 10. China Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 11. India Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 12. India Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 13. India Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 14. Japan Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 15. Japan Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 16. Japan Ceramic Balls Market Revenue and Forecasts to 2027 – By application (US$ Mn)
Table 17. South Korea Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 18. South Korea Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 19. South Korea Ceramic Balls Market Revenue and Forecasts to 2027 – By Application (US$ Mn)
Table 20. Rest of Asia Pacific Ceramic Balls Market Revenue and Forecasts to 2027 – By Material (US$ Mn)
Table 21. Rest of Asia Pacific Ceramic Balls Market Revenue and Forecasts to 2027 – By Function (US$ Mn)
Table 22. Rest of Asia Pacific 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. Asia Pacific Ceramic Balls Market Segmentations
Figure 2. Asia Pacific Ceramic Balls Market Segmentation – By Country
Figure 3. Ceramic Balls Market-By Application, Revenue and Forecast, 2018 to 2027, US$ Mn
Figure 4. Asia Pacific Ceramic Balls Market – By Function, 2018-2027, (%)
Figure 5. Asia Pacific PEST Analysis
Figure 6. Ceramic Balls Market Impact Analysis Of Driver And Restraints
Figure 7. Asia Pacific Ceramic Balls Market Forecast And Analysis, (US$ Mn)
Figure 8. Asia Pacific Ceramic Balls Market Breakdown by Material, 2018 & 2027 (%)
Figure 9. Asia Pacific Zirconia Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 10. Asia Pacific Silicon Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 11. Asia Pacific Alumina Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 12. Asia Pacific Other Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 13. Asia Pacific Ceramic Balls Market Breakdown by Function, 2018 & 2027 (%)
Figure 14. Asia Pacific Active Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 15. Asia Pacific Inert Ceramic Balls Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 16. Asia Pacific Ceramic Balls Market Breakdown by Application, 2018 & 2027 (%)
Figure 17. Asia Pacific Aerospace Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 18. Asia Pacific Automotive Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 19. Asia Pacific Chemical Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 20. Asia Pacific Other Applications Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 21. Asia Pacific Ceramic Balls Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 22. Australia Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 23. China Ceramic Balls Market Revenue and Forecasts to 2027 (US$ MN)
Figure 24. India Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 25. Japan Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 26. South Korea Ceramic Balls market Revenue and Forecasts to 2027 (US$ MN)
Figure 27. Rest of Asia Pacific 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
- IIndustrie Bitossi
- Industrial Tectonics Inc.
- Pingxiang XINGFENG Chemical Packing Co., Ltd
- Preciball SA
- Topack Ceramics Pvt. Ltd
- Toshiba Materials Co., Ltd.
- Zibo Sinoshine Import & Export 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 Asia Pacific 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.