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Market Analysis and Insights: Global Composite Bearings Market
Growing use of bearings across wide variety of industrial applications acts as a driver for the composite bearings market in the forecast period.
A composite bearing is a bearing which are manufactured from a composite material which include fibre reinforced resin, plastic or metal. Composite bearings are manufactured from thermosetting resins reinforced with synthetic fibers also. The composite bearing contains friction reducing ingredients which is PTFE.
Rising preference for lightweight components in various industrial domain acts as driver for the composite bearings market. High raw material and production cost is expected to restrain the composite bearings market in the forecast period. Rapid industrialization in the emerging economies brings new opportunities for the composite bearings market. Attaining desired level of precision in designing and fabrication is challenging the composite bearings market.
Global Composite Bearings Market Scope and Market Size
- On the basis of product type, the composite bearings market is segmented into fiber matrix and metal matrix. In 2021, the demand for metal matrix segment is increasing due to increasing demand for better wear resistance products.
- On the basis of material, the composite bearings market is segmented into poly tetra fluoro ethylene (PTFE) composite and poly oxy methylene (POM) composite. In 2021, poly tetra fluoro ethylene (PTFE) composite segment is dominating as material can easily mixed with other metal products which make poly tetra fluoro ethylene (PTFE) composite material to dominate in the region.
- On the basis of form, the composite bearings market is segmented into cylindrical bushes, flanged bushes, sliding plates, thrust washers and flanged washers. In 2021, cylindrical bushes segment is dominating as cylindrical bushes are extremely versatile and can be used in any application which increases its demand in the market.
- On the basis of distribution channel, the composite bearings market is segmented into offline and online. In 2021, offline segment is dominating due to the increasing import and export of the engine accessories which makes the offline segment to dominate in the region.
- On the basis of application, the composite bearings market is segmented into construction mining, automotive, aerospace, agriculture, marine, renewable energy, food beverage, gym equipment, oil gas, hydraulic industry and others. In 2021, automotive segment is dominating due to increasing number of car competition and auto expo of the engine accessories.
Composite Bearings Market Country Level Analysis
- The countries covered in composite bearings market report are U.S.
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Rest of South America
- South Africa
- Saudi Arabia
- Rest of Middle East Africa.
Composite Bearings Market Share Analysis
The composite bearings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to global composite bearings market.
Key Players in composite bearings market are
- The major players covered in the report are Polygon Company
- Schaeffler AG
- Huntsman International LLC
- HyComp LLC (a subsidiary of Saint-Gobain)
- GGB (a subsidiary of Enpro Industries)
- SGL Carbon
- CIP Composites
- Rexnord Corporation
- Tenneco Inc.
- SPAULDING COMPOSITES
- TIODIZE Co.
- Trelleborg AB
- KOR-PAK Corporation
- RBC Bearings Incorporated
- TriStar Plastics Corp.
- Quality Pacific Manufacturing
- FTL Technology/IDEX (a subsidiary of IDEX)
- Technoslide and Rheinmetall Automotive AG (a subsidiary of Rheinmetall AG) other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: composite bearings market
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