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The United States ceramic ball bearings market reached a value of US$ 301.5 Million in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 7.6% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A ceramic ball bearing refers to an antifriction ball constructed entirely of ceramic material. They are made of either silicon nitride (Si3N4), zirconium oxide (ZrO2) or silicon carbide (SiC). Ceramic ball bearings are of two types’ viz. hybrid ceramic ball bearing and full ceramic ball bearing. In full ceramic ball bearings, all the bearing components are made of silicon nitride ceramic. However, in ceramic hybrid ball bearing only balls are made of silicon nitride ceramic and the inner race and outer race are made of steel. They offers various advantageous properties including longer service life, lower friction resistance, higher seizure resistance, higher corrosion resistance, higher rigidity, higher temperature resistance, lightweight, etc.
The United States is currently witnessing a trend of rebounding productions of motor vehicles and a healthy investment environment. Moreover, the market is also being catalyzed by the increasing demand of wind turbines. In the United States, the renewable energy market is likely to grow over the next few years with a significant growth expected to come from wind energy. Additionally, rising demand of ceramic ball bearings in electric motors, lab equipment and the aerospace industry is also creating a positive impact on the growth of the ceramic ball bearing market.
|Base Year of the Analysis||2020|
|Segment Coverage||Raw Material, Product Type, Application, Region|
|Region Covered||Northeast, Midwest, South, West|
|Customization Scope||10% Free Customization|
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