Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 488 Million | USD 796 Million | 7.24% | 2022 |
FrequentlyAsked Questions
Zirconia beads are small spherical particles made of zirconium dioxide. These beads are generally used for grinding & surface treatment. The properties of these beads can be improved through stabilization with Yttria or Ceria. The zirconia beads are manufactured using pressing, rolling, and titration.
The global zirconia beads market cap may grow owing to the rising demand from the paints & coatings manufacturing industry. Significant growth opportunities can be expected due to the rising investment in the lithium-ion battery manufacturing industry.
According to study, the global zirconia beads market size was worth around USD 488 million in 2022 and is predicted to grow to around USD 796 million by 2030.
The CAGR value of the zirconia beads market is expected to be around 7.24% during 2023-2030.
The global zirconia beads market growth is expected to be driven by Asia Pacific. It is currently the world’s highest revenue-generating market owing to the presence of a huge footprint of end-user industries such as paints & coatings, ceramics, medical, adhesives & sealants, and others.
The global zirconia beads market is led by players like BioSpec Products, CENOTEC, CHEMCO, Duratec Technical Ceramic Applying Co., Ltd., Dynamech Industries (M) Sdn Bhd, Nicera Industries Private Limited, Nikkato Corporation, Saint-Gobain, Shandong Sinocera Functional Materials Co., Ltd., Shandong Sinoshine Advanced Materials Co., Ltd, Shandong Titan Industrial Ceramics Co., ltd, Sigmund Lindner GmbH, TORAY INDUSTRIES, INC., Yixing jiuzhou grinding media co., LTD, and Zhejiang Humo Polishing Grinder Manufacture Co., Ltd.
The report incorporates demand/consumption and in-depth market insights on the global zirconia beads industry. The report analyzes the global zirconia beads market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the zirconia beads industry. Moreover, the study covers the competitive landscape for zirconia beads industry.
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