Press release
Global Zirconia Ceramic Ball Market Expected to Witness a Sustainable Growth over 2023
Zirconia ceramic balls are now extensively used for the production of high speed and precision ceramic bearings and valves . In the coming years there is forecasted to be stable demand scale for zirconia ceramic ball worldwide, especially in emerging market such as China and India, which is expected to drive the industry development of zirconia ceramic ball.
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Global Zirconia Ceramic Ball Market: Forecast by Type / Application / Region
Globally, the zirconia ceramic ball industry market is quite concentrated as the manufacturing technology of zirconia ceramic ball is complex and is related to a series of technology. Several enterprises, like Industrial Tectonics, Spheric Trafalgar and AKS are well-known for the technology status of their zirconia ceramic ball and related services. At the same time, USA, occupied 32% revenue market share in 2016, is remarkable in the global zirconia ceramic ball industry because of their market share and technology status.
The shipments volume of zirconia ceramic ball is related to the development of ceramic bearings and valves market and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of zirconia ceramic ball industry may not keep that fast. But it is surely forecasted that the market of zirconia ceramic ball is promising.
Over the next five years, LPI(LP Information) projects that Zirconia Ceramic Ball will register a 6.8% CAGR in terms of revenue, reach US$ 1 million by 2023, from US$ 1 million in 2017.
Global Zirconia Ceramic Ball Market: Key Players
Industrial Tectonics
Spheric Trafalgar
AKS
Ortech
Boca Bearing
TRD Specialties
Salem Specialty Ball
Redhill
Jinsheng Ceramic
Lily Bearing
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Related Information:
United States Zirconia Ceramic Ball Market Research Report 2018
Europe Zirconia Ceramic Ball Market Research Report 2018
North America Zirconia Ceramic Ball Market Research Report 2018
Asia-Pacific Zirconia Ceramic Ball Market Research Report 2018
China Zirconia Ceramic Ball Market Research Report 2018
EMEA Zirconia Ceramic Ball Market Research Report 2018
Global Zirconia Ceramic Ball Market Research Report 2018
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