Plastics offer many advantages over other common bearing materials. Plastics are extremely corrosive resistant and most are chemically resistant.
Plastic bearings do not transfer heat to other areas of the mechanical assembly. Many plastics are even self-lubricating and therefore eliminate the possibility of failures from lack of maintenance.
Market Analysis and Insights: Global Polymer Bearing Market
Due to the COVID-19 pandemic, the global Polymer Bearing market size is estimated to be worth US$ 8268 million in 2022 and is forecast to a readjusted size of US$ 9588.4 million by 2028 with a CAGR of 2.5% during the review period. Fully considering the economic change by this health crisis, Phenolics accounting for % of the Polymer Bearing global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Automobile segment is altered to an % CAGR throughout this forecast period.
The Asia-Pacific region led the global polymer bearing market in 2017, owing to the rise in demand for polymer bearings from varied end-use industries such as automobile, textile, food processing, medical & pharmaceutical, packaging, and chemical in this region. China, India, and Japan are leading countries in terms of production and consumption of polymer bearings in the Asia-Pacific region. Moreover, the easy availability of raw materials and labor is further anticipated to drive the growth of the polymer bearing market in the Asia-Pacific region.
In terms of production side, this report researches the Polymer Bearing capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Polymer Bearing by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Polymer Bearing Scope and Segment
Polymer Bearing market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Polymer Bearing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Phenolics
Nylon
Teflon
Acetal
UHMWPE (Ultra High Molecular Weight Polyethylene)
Others
Segment by Application
Automobile
Textile
Medical & Pharmaceutical
Packaging
Office Products
Others
By Company
SKF
BNL
IGUS
Boston Gear
Dotmar Engineering Plastic
Saint-Gobain
Oiles
Kashima Bearings
Kms Bearings
Kilian Manufacturing
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E