Zirconia ceramic balls are utilized in a broad range of engineering operations such as milling and grinding. Since zirconia ceramic balls are relatively lighter than traditional nonmagnetic and steel balls, these balls offer excellent wear, heat, and corrosion resistance.
Portland, OR -- (SBWIRE) -- 09/06/2017 -- The development of milling industry is the major factor that drives the growth of the global Zirconia Ceramic Balls Market. In addition, rise in utilization of these balls in emerging economies such as Asia-Pacific & LAMEA and presence of major manufacturers of zirconium compounds in China owing to availability of cheap labor, infrastructure, and lucrative government policies fuel the market growth. Republic of Korea, India, Vietnam, Malaysia, Cambodia, Australia, New Zealand, and Sri Lanka are the major consumers of zirconia ceramic balls in Asia-Pacific. Increase in per capita disposable income and rapid industrialization are further anticipated to boost the demand for zirconia ceramic balls. However, availability of substitutes and fluctuation in raw material prices hamper the growth of the market.
The global zirconia ceramic balls market is segmented on the basis of type, application, and geography. Based on type, the market is categorized into below 510 mm, 10-25 mm, and over 25 mm. The applications covered in the study include bearing, valve, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global market are focusing on key market strategies such as mergers, acquisitions, collaborations, and partnerships.
Some of the key players in the global market include:
- Industrial Tectonics
- Spheric Trafalgar
- Boca Bearing
- TRD Specialties
- Salem Specialty Ball
- Jinsheng Ceramic
- Lily Bearing
Zirconia Ceramic Balls Market Key Segments:
- Below 510 mm
- 10-25 mm
- Over 25 mm
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