1. Market Research
  2. > Automotive Market Trends
Polymer Bearing Market by End-Use Industry, Type of Material And Region - Global Forecast to 2026

Polymer Bearing Market by End-Use Industry, Type of Material And Region - Global Forecast to 2026

  • November 2016
  • 151 pages
  • ID: 4364965
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

The global polymer bearing market is projected to grow at a CAGR of 4.4% from 2016 to 2026
The global polymer bearing market is projected to reach USD 12.89 billion by 2026, at a CAGR of 4.4% between 2016 and 2026. Increase in demand for polymer bearings from the automotive industry is propelling the growth of this market. Polymer bearings are being widely used in the automotive industry, owing to their properties such as lightweight, high corrosion & chemical resistant, high wear & fatigue resistant, and lubricant-free. One of the major restraints inhibiting the growth of the global polymer bearing market include stringent government rules & regulations related to the use of polymer bearings in the food processing and packaging industries.

Phenolics is the largest material type segment of the global polymer bearing market
The phenolics material type segment contributed the largest share to the global polymer bearing market in 2015; this segment is expected to grow at the highest CAGR from 2016 to 2026.This growth is mainly attributed to the increasing demand for phenolic bearings from varied end-use industries such as automobile, medical & pharmaceutical, textile, and food processing.

In addition, the unique properties of phenolic bearings that include excellent strength and shock resistance, coupled with resistance to water, acid, and alkali solutions, are anticipated to propel the demand for phenolic bearings.

The automobile segment is the fastest-growing end-use industry segment of the global polymer bearing market
The automobile end-use industry segment accounted for the largest share of the global polymer bearing market in 2015; this segment is projected to grow at the highest CAGR from 2016 to 2026.This growth is mainly attributed to the increasing demand for polymer bearings in the automobile industry.

Polymer bearings are used in the automobile industry for manufacturing variable intake systems, center armrests, belt tensioners, stub axels, gear actuators, convertible top systems, pedal systems, seating systems, steering systems, throttle valves, and door hinges, among others.

The Asia-Pacific region led the global polymer bearing market in 2015
The Asia-Pacific region led the global polymer bearing market in 2015, owing to the rise in demand for polymer bearings from varied end-use industries such as automobile, textile, food processing, medical & pharmaceutical, packaging, and chemical.China, India, and Japan are leading countries in terms of production and consumption of polymer bearings in the Asia-Pacific region.

Moreover, the easy availability of raw materials and labor is further anticipated to drive the growth of the polymer bearing market in the Asia-Pacific region.

Profile break-up of primary participants for the report:
• By Company Type - Tier 1 – 57 %, Tier 2 – 29%, and Tier 3 – 14%
• By Designation – C Level – 55%, D Level – 36%, and Others – 9%
• By Region – North America - 57%, Europe – 14%, Asia-Pacific – 22%, and RoW- 7%

Furthermore, as a part of qualitative analysis, the report provides a comprehensive overview of major drivers, restraints, opportunities, and challenges influencing the growth of the global polymer bearing market. It also discusses competitive strategies adopted by different market players, such as SKF (Sweden), Igus Inc. (U.S.), BNL Ltd. (U.K.), Boston Gear LLC (U.S.), Dotmar Engineering Plastic Products (Australia), Saint-Gobain S.A. (France), Oiles Corporation (Japan), Kashima Bearings, Inc. (Japan), KMS Bearings, Inc. (U.S.), and Kilian Manufacturing (U.S.), among others.

Research Coverage:
The report provides a comprehensive overview of the global polymer bearing market and associated end-use industries, polymer bearing material types, and regions.It further aims at estimating the market size and future growth potential of varied market segments and subsegments.

Furthermore, the report also includes an in-depth competitive analysis of key players in the market, along with their company profiles, market share, SWOT analysis, recent developments, and key growth strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of revenue numbers for the global polymer bearing market and its subsegments.This report will also help stakeholders to better understand the competitor landscape and gain worthy market insights to better position their businesses and develop suitable go-to-market strategies.

The report further helps stakeholders to understand the pulse of the market and offers them information on key market drivers, restraints, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Polytetrafluoroetylene (PTFT) Markets in China

Polytetrafluoroetylene (PTFT) Markets in China

  • $ 4000
  • September 2019

China’s demand for Polytetrafluoroetylene (PTFT) has grown at a fast pace in the past decade.In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high ...

Acrylonitrile Market - Growth, Trends, and Forecast (2019 - 2024)

Acrylonitrile Market - Growth, Trends, and Forecast (2019 - 2024)

  • $ 4250
  • September 2019

Market OverviewThe acrylonitrile market is expected to register a CAGR of over 3% during the forecast period (2019-2024). One of the major factors driving the market studied is the increasing demand fo ...

Expanded PTFE Market by Form, Application, End-Use Industry And Region - Global Forecast to 2024

Expanded PTFE Market by Form, Application, End-Use Industry And Region - Global Forecast to 2024

  • $ 4950
  • November 2019

Increasing demand from oil & gas and chemical end-use industries to drive the overall growth of the ePTFE market.The ePTFE market size is expected to grow from USD 816 million in 2019 to USD 1,105 million ...


ref:plp2016

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on