According to MRFR analysis, the Ceramic Ball Market is projected to register a CAGR of 5.49% to reach USD 786.3 Million by the end of 2027.
Ceramic balls are rolling components that are spherical in shape and offer low thermal expansion, higher stiffness, and lightweight properties with better electrical and corrosion resistance as compared to steel balls. These balls are generally manufactured by pressing a binder mixture of ceramic powder in a preformed shape. The product is widely used due to its excellent stiffness, corrosion resistance, electrical resistance, and minimal shrinkage properties across various end-use industries. Some of the major end-use industries where it finds applications are aerospace, automotive, and conveyors, among others. In the market, ceramic ball is popular by the trade names: Denstone, CERBEC, DEV, and others.
The major factors favoring the growth of the market are surging demand for high corrosion resistant products owing to its advantages over steel or plastic balls; growing adoption, especially the aerospace and automotive industries; and increasing application in machinery. By 2019, around 100 million units of vehicles are expected to be manufactured, which is likely to boost the demand for ceramic balls due to its application in seating tracks, seatbelt locking mechanisms, constant velocity (CV) joints, tripod joints, seat slides, and spindle bearings, among other systems, in the coming years.
Globally, the application for ceramic balls is increasing in the aerospace industry due to its high strength and lightweight properties. Ceramic balls pose high stiffness, low friction, and excellent acceleration capability in high loads and high speed, which make ceramic balls the major substitute for conventional steel balls. In 2018, the global aerospace industry contributed to over 25% to the global ceramic ball market revenue reaching over USD 200 million and is projected experience considerable growth during the years to follow. The application of ceramic balls in the manufacturing of airframes, navigation systems, gyroscopes, avionic instruments, flow meters, and others systems allows ceramic balls to operate 20% to 40% faster as compared to steel balls while weighing 40% less than the latter, which is further expected to boost the global ceramic ball market size during the forecast period.
Furthermore, favorable government regulations pertaining to lightweight components, low VOC emission, and rapid industrialization in the emerging economies are expected to cumulatively drive the growth of the global ceramic ball market trend during the review period.
However, the manufacturing process of ceramic balls is highly expensive as compared to its other metal counterparts, which is likely to hinder the global market growth during the review period.
Pricing and Standardization Analysis
In 2018, the alumina ceramic ball was priced around USD 642.8– 1148.1 per ton across the globe. In the same year, the price of Zirconia ball varied from USD 800 to 2000 per ton. Zirconia balls have witnessed a gradual rise of USD 90.15–120.40 per tons in price from 2015 till 2018 and this trend is likely to continue during the forecast period, which is expected to make zirconia balls one of the fastest-growing segments in the market.
The stringent safety standards for aerospace, automobile and other applications for ceramic balls are likely to boost the demand for ceramic balls during the forecast period. For instance, according to the ASTM International application of silicon nitride balls in aerospace to be made from Class I ASTM F2094. The standards of ASTM's rolling element bearing offer the specification and testing methods that are pertinent for designing and enhance the performance of mechanical components. For instance, F2094/F2094M - 18a is the standard specification for silicon nitride bearing balls by the ASTM. Moreover, according to the International Organization for Standardization Rolling bearings Balls, dimensions and tolerances are set under ISO 3290:2001, while ISO 3290-2:2014 specifies the requirement of finished silicon nitride balls for rolling bearings, and ISO 19843:2018 is for determining the strength of the ceramic balls. Furthermore, the US Food and Drug Administration (FDA) has reclassified the hip joint metal/ceramic/polymer semi-constrained cemented or non-cemented prosthesis, which is referred as ceramic ball hip system from class III (premarket approval) into class II (performance standards) under the Federal Register, vol. 53, No. 103. A premarket notification (510k) must be submitted by all the distributors of ceramic balls and hip stems labeled for use with a ceramic ball.
By Material Type
By End-Use Industry
|Market Size||2030: USD 786.3 Million|
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Material Type, Application and End-Use|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||CoorsTek Inc - CERBEC, Devson Catalyst – DEV, Saint-Gobain – Denstone, Industrial Tectonics Inc -Silicon Nitride Balls, Axens, Honeywell International Inc, TOSHIBA MATERIALS CO., LTD, GLOBAL PRECISION BALL AND ROLLER, FineWay Inc, MetalBall|
|Key Market Opportunities||Favorable government regulations pertaining to lightweight components, low VOC emission, and rapid industrialization in the emerging economies are expected to cumulatively drive the growth of the global market trend|
|Key Market Drivers||
The global ceramic ball market is expected to reach USD 786.3 million by 2025.
The market is expected to exhibit a strong 9.32% CAGR over the forecast period from 2019 to 2025.
Growing adoption of ceramic balls in automotive and aircraft manufacturing is the major driver for the ceramic ball market.
Asia Pacific holds the largest share in the global ceramic ball market.
Leading players in the ceramic ball market include Industrial Tectonics, Axens, and Honeywell International, among others.