The Insight Partners Ceramic Balls Market | Page 5
Regional Framework
The global ceramic balls market is driven by factors such as a significant shift
of the consumers towards ceramic balls over steel balls and rising demand
from the automotive industry. However, the high cost of manufacturing and
high initial cost associated with the use of ceramic balls is anticipated to
retrain the market growth over the forecast period. Whereas, rising demand
for ceramic balls in the medical applications and well-established market in
the Asia Pacific and European countries are expected to deliver substantial
growth opportunities to the industry players in the coming future.