🔥Global Self-Lubricating Composite Bearings Market to Grow at 7.3% CAGR during 2017-2022

This report, from Stratview Research, studies the global self-lubricating composite bearings market over the period 2017 to 2022. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.
Global Self-Lubricating Composite Bearings Market: Highlights
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The global self-lubricating composite bearings market is projected to witness an impressive CAGR of 7.3% over the next five years, driven by its several advantages, such as high strength, low life cycle cost, low maintenance cost, excellent dimensional stability in high-temperature areas, and no requirement for lubrication. Additionally, increasing demand for lightweight components across industries would further propel the demand for composite bearings over the next five years.

Global self-lubricating composite bearings market is segmented based on reinforcement type as metal matrix and fiber matrix. Metal matrix is expected to remain the dominant reinforcement type in the global self-lubricating composite bearings market over the next five years, driven by its excellent strength as compared to metal bearings. This reinforcement type is also expected to register the highest growth in the same period.

Global self-lubricating composite bearings market is further segmented based on end-use industry type as aerospace & defense, transportation, construction & mining equipment, agriculture, marine, and others. Construction & Mining equipment currently dominates the global self-lubricating composite bearings market and is projected to remain the largest end-use industry type during the forecast period of 2017 to 2022, driven by its several advantages, such as non-lubrication, low-maintenance, high strength, and an excellent dimensional stability in high temperature. Other major end-use industries, such as transportation, aerospace & defense, and agriculture, are also projected to create a healthy demand for composite bearings over the next five years.

North America is expected to remain the largest market for self-lubricating composite bearings over the next five years as the region registers the utmost presence of composite bearing manufacturers and raw material manufacturers. Asia-Pacific is estimated to witness the fastest growth in the composite bearings market during the forecast period. Increasing investment in infrastructure projects, high focus on agriculture, upcoming commercial and regional aircraft, increasing automobile production, and high investment in high-speed rail projects are driving the Asia-Pacific’s self-lubricating composite bearings market in the Asia-Pacific region. China and India are projected to act as the growth engines of this region.
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Schaeffler Group, Saint-Gobain, Trelleborg Group, Rexnord Corporation, Polygon Company, HyComp LLC, Tiodize Co., TriStar Plastic Corp., Spaulding Composites, and AST Bearings are major players in the self-lubricating composite bearings market. New application development and collaboration with customers are some of the key strategies adopted by major companies to gain a competitive edge over others.
Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

Market structure: Overview, industry life cycle analysis, supply chain analysis
Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
Market Trend and Forecast analysis
Market segment trend and forecast
Competitive landscape and dynamics: Market share, Product portfolio, Product launches, etc.
Attractive market segments and associated growth opportunities
Emerging trends
Strategic growth opportunities for the existing and new players
Key success factors
The global self-lubricating composite bearings market is segmented into the following categories:

Global Self-Lubricating Composite Bearings Market by Reinforcement Type:
• Metal Matrix based Composite Bearings (Regional Analysis: NA, Europe, APAC, and RoW)
• Fiber Matrix based Composite Bearings (Regional Analysis: NA, Europe, APAC, and RoW)

Global Self-Lubricating Composite Bearings Market by Matrix Type:

• Thermoset-based Composite Bearings (Regional Analysis: NA, Europe, APAC, and RoW)
• Thermoplastic-based Composite Bearings (Regional Analysis: NA, Europe, APAC, and RoW)

Global Self-Lubricating Composite Bearings Market by End-Use Industry Type:
• Aerospace & Defense (Regional Analysis: NA, Europe, APAC, and RoW)
• Transportation (Regional Analysis: NA, Europe, APAC, and RoW)
• Construction & Mining Equipment (Regional Analysis: NA, Europe, APAC, and RoW)
• Agriculture (Regional Analysis: NA, Europe, APAC, and RoW)
• Marine (Regional Analysis: NA, Europe, APAC, and RoW)
• Others (Regional Analysis: NA, Europe, APAC, and RoW)

Global Self-Lubricating Composite Bearings Market by Region:
• North America (Country Analysis: USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, UK, Russia, and Rest of the Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the world (Country Analysis: Middle East, Latin America, and Others)

About Stratview Research

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Category: Advanced Material
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Stratview Research is a global market intelligence firm providing wide range of services including syndicated market reports, custom research and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life

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