Steel Ball Market Report 2026

The steel ball market size has grown strongly in recent years. It will grow from $4.22 billion in 2025 to $4.49 billion in 2026 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to growth in automotive manufacturing volumes, expansion of industrial machinery production, rising demand from mining and material handling equipment, adoption of bearing-based mechanical systems, availability of cost-effective carbon steel materials.

The steel ball market size is expected to see strong growth in the next few years. It will grow to $5.72 billion in 2030 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to growth in electric vehicle drivetrain components, rising automation in manufacturing equipment, increasing demand for high-performance bearings, expansion of aerospace and defense applications, focus on durability and efficiency in mechanical systems. Major trends in the forecast period include rising demand for high-precision steel balls in automotive components, growing adoption of stainless steel balls for corrosion-resistant applications, increasing use of steel balls in heavy industrial and mining equipment, rising preference for high hardness and wear-resistant chrome steel balls, growing demand for long-life and low-maintenance bearing components.

The growing demand in the cement industry is expected to drive the expansion of the steel ball market in the coming years. The cement industry encompasses the production and supply of cement, a key binding material used in construction and infrastructure development. This sector is expanding due to urbanization and increasing infrastructure projects, which are driving higher cement consumption. Steel balls support the cement industry by enabling efficient grinding and crushing of raw materials in mills, making them vital for producing fine cement powder. They enhance milling performance, lower energy usage, and improve overall production efficiency, supporting large-scale construction and infrastructure initiatives. For example, in April 2025, the CEMBUREAU (European Cement Association), a Belgium-based representative body for Europe’s cement industry, reported that domestic cement demand in 2024 increased by 11.8% compared with 2023, driven by higher investments in infrastructure and non-residential projects. Consequently, the rising demand in the cement industry is fueling the growth of the steel ball market.

Companies in the market are developing advanced steel ball solutions to enhance durability and efficiency. Steel ball valves, used to regulate liquid or gas flow in pipelines, are increasingly designed for precision and long-lasting performance. For instance, in June 2024, BLÜCHER GmbH launched a stainless-steel (316/CF8M) ball valve suitable for vacuum and gravity-based systems, improving operational efficiency and reducing installation errors.

In February 2023, The Timken Company, a US-based provider of engineered bearings and industrial motion products, acquired American Roller Bearing Company LLC for an undisclosed sum. Through this acquisition, Timken aims to broaden its portfolio of engineered bearing solutions, grow its U.S. customer base, and reinforce its aftermarket business. American Roller Bearing Company LLC is a US-based manufacturer of industrial bearings, known for its substantial installed base and strong aftermarket presence.

Major companies operating in the steel ball market report are SKF Group, GMS Ball, Dong'e Shandong Steel Ball Group Company Limited, Hartford Technologies Inc., Amatsuji Steel Ball Manufacturing Company Limited, Sunrise Steel Ball Company Limited, RGPBALLS Società a Responsabilità Limitata, Global Precision Ball & Roller Inc., CCR Products LLC, Kwality Ball Private Limited, Changzhou Huari Steel Ball Company Limited, Spherical Precision Inc., United States Ball Corporation, STR Industries Incorporated, Atlas Ball & Bearing Company Limited, CIC Ball Company, METALBALL S.A.S., Vikman Steel Ball Industries Private Limited, Preciball S.A., Abbott Ball Company Inc.

Asia-Pacific was the largest region in the steel ball market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the steel ball market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the steel ball market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The steel ball market consists of sales of bearing balls, grinding balls, valve balls, and precision steel spheres. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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