Global Plastic Bearings Market Was Valued At 500 Million USD In 2017

New report published by Global Info Research which offers insights on the global Plastic Bearings market.

Plastic Bearings are bearings made of plastic polymer or having a polymer liner. The common used Plastic Bearings including Plastic Rolling Bearings and Plastic Plain Sliding Bearings.
The Plastic Ball Bearing in which only the ball used is made of plastic material is not include in this report.

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Global Plastic Bearings Market: Forecast by Type / Application / Region

Global Plastic Bearing market include: IGUS, Oiles, GGB, TOK, BNL, Tristar, KMS Bearings, SMG, SKF , Altra Industrial Motion Corp, Bosch, NSK, CiXi JinLin Bearings, Cixi Yisheng Bearing, Haining Lino-bearing, CSB, Kashima Bearings, Inc, SDP/SI, Hope.

Plastic Bearing market is primarily split into: Plastic Rolling Bearings, Plastic Sliding Bearings.

On the basis on the end users/applications covers: Auto Industry, Industrial Machinery, Construction Machinery, Office Equipment, Others.

Plastic bearings have positioned themselves as serious alternatives to traditional metal bearings in a wide variety of applications. Plastic bearings provide a number of advantages over metal bearings. They have less weight, lower inertia, and run much quieter than their metal counterparts. The main raw materials of plastic bearings include PEEK, nylon resin, POM, PET.

IGUS, Oiles and GGB are the world's top 3 manufacturers of plastic bearings. The three companys hold nearly 40% of the global total revenue.

In 2017, the plastic bearings market was valued at 500 million USD. By 2023, the plastic bearings market was expected to reach 630 million USD. In terms of yield, the sales volume of plastic bearings was 1.1 billion units in 2017. In 2023, plastic bearings sales volume will reach nearly 1.5 billion units.

Automobile industry and machinery industry are the main applications of plastic bearings. In 2017, the automobile industry accounted for 36% of the share of the plastic bearings consumer market.

The market competition of plastic bearings industry is fierce; Investment and technology thresholds are relatively high. For companies that are interested in entering the industry, we suggest that we must do a good job of pre-investigating and fully analyze their advantages and disadvantages.

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Related Information:
United States Plastic Bearings Market 2018 Forecast to 2023
Europe Plastic Bearings Market 2018 Forecast to 2023
North America Plastic Bearings Market 2018 Forecast to 2023
Asia-Pacific Plastic Bearings Market 2018 Forecast to 2023
China Plastic Bearings Market 2018 Forecast to 2023
EMEA Plastic Bearings Market 2018 Forecast to 2023
Global Plastic Bearings Market 2018 Forecast to 2023

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