openPR Logo
Press release

Composite Bearings Market: Geographical and Competitive Dynamics, Report Overview 2025

05-03-2017 05:31 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Composite Bearings Market, Composite Bearings Market Size

Composite Bearings Market, Composite Bearings Market Size

A composite bearing is defined as an equipment that is employed to control friction and provide separation between two moving parts. The unique characteristic of a composite bearing is that it is made from a mixture of materials such as resin reinforced along with fiber. This includes friction-reducing lubricants and ingredients. Furthermore, composite bearings are customized to cater to individual requirements for many applications such as high temperature resistance.

In terms of type, the composite bearings market is segmented into metal matrix and fiber matrix. In terms of end-user industry, the market can be segmented into agriculture, automotive, aerospace, marine, and mining and construction. In terms of geography, the market is segmented into Asia Pacific (APAC), Europe, North America, Latin America, and Middle East & Africa (MEA).

Technological advancements coupled with new and sophisticated technology, providing superior mechanical properties and comparatively longer product life, is driving the expansion of the composite bearings market. This trend is persuading manufacturers to explore new business opportunities in the composite bearings market, which, in turn, is fueling the expansion of the market globally. Increase in awareness and popularity of composite bearings in the industrial and automotive sector is a key factor that is prompting the expansion of the market.

Obtain Report Details @
http://www.transparencymarketresearch.com/composite-bearings-market.html

Moreover, reduced or low maintenance cost is a significant factor that is increasing the demand for composite bearings in the market. Agriculture is a rapidly growing industry in the end-user segment of the composite bearings market. Composite bearings has a number of applications in the agriculture industry. Complete solutions and superior properties such as light weight, corrosion, and fatigue resistant are playing a vital role in the rise in demand for composite bearing compared to traditional single metal bearings in the agriculture industry.

Moreover, operational stability and dimensional stability at comparatively higher temperatures are notable factors contributing to the expansion of the composite bearings market. High cost of raw materials and production cost are major restraining factors for the composite bearings market are the. Additionally, tough competition from existing single metal bearing manufacturers is a key factor that is restraining the expansion of the composite bearings market. Increase in demand of automotive and agricultural applications in emerging markets of Asia Pacific (APAC) along with various technological needs are acting as opportunities for the composite bearings market.

Latest composite bearings in place of conventional and typical single metal bearings is also driving the growth in the composite bearings market. These factors are playing a vital role and are simultaneously affecting and contributing to the growth of the composite bearings market significantly. The composite bearings market is expanding significantly increasing due to high growth in construction, mining, agriculture, automotive, and large-scale industries globally. This, in turn, is increasing the demand for composite bearings. Manufacturers are continuously focusing on product development for the emerging markets as their opportunities to grow and increase their market share globally.

Fill the form to Gain Deeper Insights on this Market @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=23669

In terms of geography, North America is a rapidly growing market for composite bearings followed by Asia-Pacific. Asia Pacific (APAC) is the fastest growing market for Composite Bearings. The U.S. and Canada are the leading contributors in North America. In terms of market share, Europe is the key segment and Germany is leading prominent contributor in the region. In Asia Pacific (APAC), Japan and China are leading contributors to this rapidly growing market in the region.

The composite bearings market is fragmented with many established players. Key manufacturers in the market include Arkema, CIP Composites, ACM Composites, AST Bearings LLC, CSB Sliding Bearings Pvt. Ltd., Federal-Mogul Corporation, Mitsubishi Plastics, Inc. , Franklin Fiber Lamitex, Huntsman Corporation (U.S), GGB Bearing Technology, H4 Marine Limited, Polygon Company, RBC Bearings Incorporated Hycomp LLC, and Rexnord Corporation.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Composite Bearings Market: Geographical and Competitive Dynamics, Report Overview 2025 here

News-ID: 523154 • Views:

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2024
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1.07 Billion by 2024
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million by 2024
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for Bearing

Wind Turbine Bearing Market Outlook to 2025 - NTN Bearing, Timken Company, AB SK …
The Wind Turbine Bearing Market research report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive Poter's five forces analysis. Increasing number of wind farms around the world, day by day developing technologies in the field of wind energy, and growing advancement in wind turbine equipment's
Global Machine Tool Bearing Market 2019 Top Key Players: Timken, Schaeffler, Luo …
Summary WiseGuyReports.com adds “Machine Tool Bearing Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database. This report provides in depth study of “Machine Tool Bearing Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Machine Tool Bearing Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Machine Tool Bearing Market Report for Period 2017 till 2022 Luoyang Bearing, Ha …
Global Machine Tool Bearing Market report emphasizes on detailed analysis of companies and manufacturers like Luoyang Bearing, Harbin Bearing Group, Fujian Longxi Bearing and Others. This market study includes data about global market statistics, market share, company performances, historical analysis 2012 to 2016, market forecast 2017 to 2023 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2017 to 2023, etc. The Global Machine Tool Bearing
Global Automotive Generation 3 Hub Bearing Market 2017 : Harbin Bearing, ILJIN, …
A market study based on the "Automotive Generation 3 Hub Bearing Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Automotive Generation 3 Hub Bearing Market 2017’. The research report analyses the historical as well as present performance of the worldwide Automotive Generation 3 Hub Bearing industry, and makes predictions on the future status of Automotive Generation 3 Hub Bearing market on the basis
Global Automotive Generation 3 Hub Bearing Market 2017 : Harbin Bearing, ILJIN, …
A market study based on the "Automotive Generation 3 Hub Bearing Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Automotive Generation 3 Hub Bearing Market 2017’. The research report analyses the historical as well as present performance of the worldwide Automotive Generation 3 Hub Bearing industry, and makes predictions on the future status of Automotive Generation 3 Hub Bearing market on the basis
Global Groove Ball Bearing Market 2017 : Aoyama, Harbin bearing, Lily Bearing, E …
The Groove Ball Bearing market report covers forecast and analysis for the Groove Ball Bearing market on a global and regional level. The Groove Ball Bearing industry report provides historic data of 2015 along with a Groove Ball Bearing market forecast from 2015 to 2021 based on Groove Ball Bearing industry volume and Groove Ball Bearing revenue (USD Million). The Groove Ball Bearing includes Growth Drivers, Competitive Landscape for the