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Plastic Gears Market 2021 Analysis by Top Manufacturers- Omega, Cuisinart, Braun, Breville, Electrolux, Kuvings, Philips, Joyoung, Hurom, Oster, Panasonic

09-17-2021 01:33 PM CET | Industry, Real Estate & Construction

Press release from: Market Insights Reports

Global Plastic Gears Market 2021 research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Plastic Gears market size, demand and revenue. The current Plastic Gears market trends that are expected to influence the future prospects of the industry are analyzed in the report. The report further investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

In 2020, the global Plastic Gears market size was US$ 414.6 million and it is expected to reach US$ 561.2 million by the end of 2027, with a CAGR of 4.4% during 2021-2027.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Plastic Gears Market: Omega, Cuisinart, Braun, Breville, Electrolux, Kuvings, Philips, Joyoung, Hurom, Oster, Panasonic, Supor, Hamilton Beach, Midea, Donlim, Kenwood, SKG, Jack LaLanne, Bear, Ouke, Xibeile and others.

Market Overview:

Plastic gears have positioned themselves as serious alternatives to traditional metal gears in a wide variety of applications. The use of plastic gears has expanded from low power, precision motion transmission into more demanding power transmission applications. As designers push the limits of acceptable plastic gear applications, more is learned about the behavior of plastics in gearing and how to take advantage of their unique characteristics.
Plastic gears provide a number of advantages over metal gears. They have less weight, lower inertia, and run much quieter than their metal counterparts. Plastic gears often require no lubrication or can be compounded with internal lubricants such as PTFE or silicone. Plastic gears usually have a lower unit cost than metal gears, and can be designed to incorporate other features needed in the assembly (part consolidation). These gears are also resistant to many corrosive environments.
The first use of thermoplastic gears undoubtedly consisted of neat nylon and acetal gears carrying low loads at low speeds. As the advantages of using thermoplastic gears became clearer and new, higher performance materials became available, designers began using plastic gears in more demanding applications. The use of reinforcements and internal lubricants compounded into these materials has expanded their use even more.
The major players in global Plastic Gears market include Vigor Precision Limited, IMS Gear, Creative & Bright Group, etc. The top 3 players occupy about 35% shares of the whole market. Asia Pacific and Europe are main markets, they occupy about 80% of the global market. POM Plastic Gears and Nylon Resin Plastic Gears are main types, with a share about 80%. Automobile Industry and Electronic and Electrical Appliances are main applications, which hold a share about 70%.

Global Plastic Gears Market Split by Product Type and Applications:

This report segments the global Plastic Gears market on the basis of Types are:

POM Plastic Gears

PBT Plastic Gears

Nylon Resin Plastic Gears

PET Plastic Gears

PC Plastic Gears

High Performance Plastics Gears

Others

On the basis of Application, the Global Plastic Gears market is segmented into:

Automobile Industry

Electronic and Electrical Appliances

Industrial Equipment

Medical Industry

Others

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Regional Analysis For Plastic Gears Market:

North America (The United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

Influence of the Plastic Gears Market Report:
-Comprehensive assessment of all opportunities and risks in the Plastic Gears market.
-The detailed study of business strategies for the growth of the Plastic Gears market-leading players.
-Conclusive study about the growth plot of the Plastic Gears market for forthcoming years.
-In-depth understanding of Plastic Gears market-particular drivers, constraints, and major micro markets.
-Favorable impression inside vital technological and market latest trends striking the Plastic Gears market.

Browse the Report Description And TOC:

https://www.marketinsightsreports.com/reports/07203086469/global-plastic-gears-market-size-manufacturers-supply-chain-sales-channel-and-clients-2021-2027?Mode=Sups

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Plastic Gears Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

Please connect with our sales team (sales@marketinsightsreports.com ).

Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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