Polymer Bearing Market Size, Growth & Trend Analysis 2019-2025

Asia Pacific, led by India, South Korea, Japan and China polymer bearing market size may show significant regional growth due to strong applications in food processing and medical & pharmaceutical industry.

Delaware, United State – June 11, 2019 /MarketersMedia/ —

Polymer Bearing Market size may grow significantly over the projected period. Strong application scope in automotive, food processing and packaging, textile and medical and pharmaceutical industry will drive product demand.

Global bearing market was valued at USD 80 billion in 2015 and may exceed USD 110 billion by 2024, with gains at over 6% owing to heavy machinery production. China accounted for over 25% of the total market share owing to rising vehicle demand and machinery production. Mining and construction equipment market in India, Indonesia, Thailand, South Korea and Taiwan may facilitate polymer bearing demand.

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Polymer bearing have possible applications in variety of medical devices like hospital beds, x-ray machines, dental chairs, operating tables and wheel chairs. Increasing technological innovations in healthcare sector has led to rise in demand for medical devices which may have positive influence on polymer bearing market size. Global medical device market was estimated over USD 225 billion in 2016 and it may surpass USD 500 billion by 2024. U.S. medical device market was valued over USD 125 billion in 2016 and represents over 35% of the global market.

Phenolic bearings dominate polymer bearing market as they have replaced wood and metal bearings due to strength and shock resistance properties. Strong applications outlook in electrical switch-gear, rubber-shaft bearings and propeller in ships, water-turbine and rolling-mill bearings will drive product demand.

The Polymer Bearing Market reports basic table of content consists of,
1. Methodology and Scope
2. Executive Summary
3. Polymer Bearing Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 – 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter’s analysis
3.10. Company market share, 2018
3.11. PESTEL analysis
3.14. Regional price trends
4. Polymer Bearing Product Insights
5. Polymer Bearing Application Insights
6. Polymer Bearing Regional Insights
7. Competitor Profiles

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Nylon bearings produce low friction and require no lubrication when compared to phenolics. They are subjected to low wear & tear and can be easily molded. Cast Nylons Ltd. produces NYLOIL-FG which is a self-lubricating nylon bearing used in the food industry is manufactured in compliance with FDA and USDA 3A Sanitary Standards. Companies are engaged in new product development which may propel polymer bearing industry growth.

Polytetrafluroethylene (PTFE), as bearings is widely used in chemical and food processing equipment, textile machinery, automotive knuckle and ball joints and aircraft accessories due to high self-lubricating characteristics, low coefficient of friction and an ability to operate under a wide temperature range.

Reasons to Buy This Report:
1. Polymer Bearing Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Polymer Bearing growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles

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Global polymer bearing market share is fragmented. Key market players operating in this industry are BNL, SKF, Igus Inc., Boston Gear LLC., Saint-Gobain, Oiles Corporation, KMS Bearings, Kashima Bearings, Kilian Manufacturing and Dotmar Engineering Plastic Products.

Contact Info:
Name: Arun Hedge
Email: Send Email
Organization: Global Market Insights
Website: https://www.gminsights.com/industry-analysis/polymer-bearing-market

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