China ceramic ball bearing market reached a value of US$ 231 Million in 2019. China currently represents the second largest market for ceramic ball bearings after the United States. Ceramic ball bearings can stand up to extreme physical impact and function extremely well when subjected under harsh conditions, such as high temperatures, lack of lubrication, and high corrosion environments. These physical properties act as the major driver of the market. Another key factor catalysing the sales of ceramic ball bearings in the region is the rapid expansion of machinery and motor vehicle manufacturing, combined with a strong aftermarket for industrial equipment and motor vehicle repair. Apart from this, the Chinese government has been encouraging the manufacturing of electronic products so as to improve domestic productivity and to increase the value of Chinese exports. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2020-2025.
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