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The Composite Bearings Market To Record Growth Upfront From 2017-2025

Composite Bearings Market: Introduction
Increase in the demand for lightweight material and to minimize the friction between the components have driven the demand for composite bearing. Composite bearings used to control friction and maintain separation among two moving parts. Composite bearing have a property of low friction, low heat build-up and no cold flow conditions. By replacing the conventional greased bronze bushings with composite bearings in industrial applications, the weight could be reduced and provides better efficiency. Composite bearing are used in various industry such as automotive, marine, construction & mining, agriculture, and aerospace among others.

Composite bearings are light in design – it can be one tenth the weight of the traditional rolling element bearings. No heavy metals are used in the manufacturing of composite bearing. Composite bearings are suitable components in automotive engineering and are used in various applications from powertrain to car interiors. Moreover, composite bearing could be customized to meet the individual requirement of many applications.

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Composite Bearings Market: Dynamics

The increase in the demand from end use industries such as automotive, marine, agriculture, and aerospace among others are driving the demand for composite bearing market. One of the factor for the increase in the demand for composite bearing is the demand for lightweight components is rising from across the industries. Other macro-economic factors which are enhancing the composite bearings market are increasing vehicle production, growth in aircraft manufacturing, rising infrastructural activities increasing the demand for construction & mining industry. Along with this, the mechanical properties of composite bearings are better than its competitor which provide long & durable life cycle with minimum maintenance costs. However, stiff competition from single metal bearings is hampering the growth of composite bearing market.

Composite Bearings Market: Segmentation

basis of industry
  • Aerospace
  • Construction & Mining
  • Agriculture
  • Automotive
  • Others (Marine, etc.)
basis of product type
  • Fibre Matrix
  • Metal Matrix
basis of material
  • PTFE (poly tetra fluoro ethylene) composite
  • POM (poly oxy methylene) composite

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Composite Bearings Market: Regional Outlook

North America region is expected to be the prominent market for composite bearings due to its rising demand from the end user industries such as aerospace. This growth is due to the advanced properties of composite bearings such as lightweight, fatigue & corrosion resistance, and stability among others which has enhanced the composite bearings market. Western Europe and Asia Pacific (excluding Japan) region have significant share in the global composite bearing market. This is due to the strong presence of number of automotive, aerospace, construction, agriculture companies in Western Europe and Asia Pacific (excluding Japan).

Composite Bearings Market: Key Players

Examples of some of the market participants identified in the composite bearings market across the globe are:

  • AB SKF
  • Schaeffler Group
  • CIP Composites
  • Trelleborg AB
  • TriStar Plastic Corp.
  • Rexnord Corporation
  • Saint-Gobain S.A.
  • Federal-Mogul Corporation
  • RBC Bearings Incorporated.
  • Tufcot Engineering Ltd.
  • Franklin Fibre Lamitex Corp.
  • HyComp LLC
  • Soucy Composites Inc.
  • Tiodize Technologies
  • AST Bearings LLC
  • VNC Bearing, Inc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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