Ceramic Balls Market to Reach USD 847.49 Million by 2032,

From GlobeNewswire: 2025-02-07 09:30:00

The Ceramic Balls Market was valued at USD 535.65 million in 2023 and is projected to reach USD 847.49 Million by 2032, growing at a CAGR of 5.23% from 2024 to 2032. The market growth is driven by the demand for high-processing materials in automobile, aerospace, and industrial devices, where ceramic balls are used for their durability, heat resistance, and wear resistance. Key players in the market include Axens, Honeywell International, and Saint-Gobain. Alumina held the largest market share of 44% in 2023, known for its high hardness and corrosion resistance. Inert function held the largest market share around 68% in 2023, ideal for high-temperature high-pressure applications. Bearing held the largest market share of around 42% in 2023, desirable in demanding applications in automotive, aerospace, and industrial machinery systems. Asia Pacific led the Ceramic Balls Market in 2023, accounting for approximately 46%, with extensive applications in bearings, valves, and the automotive and aerospace industries. Recent developments include expansions by Saint-Gobain Ceramic Materials and new high-performance ceramic balls by KYOCERA Corporation.

Sources:
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