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According to Stratistics MRC, the Global Composite Bearings market accounted for $ 3.80 billion in 2017 and is expected to reach $ 8.19 billion by 2026 growing at a CAGR of 8.9% during the forecast period. Some of the key factors such as increasing need of long product life with low maintenance cost, rapid technological advancements in production process, longer product life and providing superior mechanical properties and rising use of self-lubricating composite bearing are driving the market growth. However, the tough competition from single metal bearing manufacturers and rise in cost of raw material & production cost are the restraining factors for the market growth. Moreover, high demand from applications like automotive and agriculture will provide ample opportunities for the growth of the market.
A composite bearing is an equipment that is used to control friction and provide separation between two moving parts. They have properties of low friction, low heat build-up and no cold flow conditions The unique characteristic is that it is made from a mixture of materials such as resin reinforced along with fiber. This includes friction-reducing lubricants and ingredients. 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.
By application, agriculture application segment is likely to grow with highest CAGR during the forecast period due to its light weight nature, resistance against corrosion, and operational stability at high temperatures in the marine, construction & mining and aerospace industries is growing at a high rate. By geography, North America is expected to observe significant growth in the forecast period, mainly due to the increasing demand from the construction & mining and automotive industries as they utilize these advanced bearings and provide operational stability in harsh environments leading to increased product life, efficiency of the equipment, and low maintenance cost..
Some of the key players in this market include VNC Bearing, Inc., AB SKF, Trelleborg AB, CIP Composites, Soucy Composites Inc., Federal-Mogul Corporation, Rexnord Corporation, Franklin Fibre Lamitex Corp. , TriStar Plastic Corp., Tiodize Technologies, Tufcot Engineering Ltd., AST Bearings LLC, HyComp LLC, Schaeffler Group, RBC Bearings Incorporated.
Materials Covered:
• POM (poly oxy methylene) composite
• PTFE (poly tetra fluoro ethylene) composite
Product Types Covered:
• Metal Matrix
• Fiber Matrix
Applications Covered:
• Marine
• Agriculture
• Aerospace
• Automotive
• Construction & Mining
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Type Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Composite Bearings Market, By Material
5.1 Introduction
5.2 POM (Poly Oxy Methylene) Composite
5.3 PTFE (Poly Tetra Fluoro Ethylene) Composite
6 Global Composite Bearings Market, By Product Type
6.1 Introduction
6.2 Metal Matrix
6.3 Fiber Matrix
7 Global Composite Bearings Market, By Application
7.1 Introduction
7.2 Marine
7.3 Agriculture
7.4 Aerospace
7.4.1 Exterior Components
7.4.2 Interior Components
7.5 Automotive
7.5.1 Rail & Mass Transit
7.5.2 Heavy Vehicles
7.5.3 Automobiles
7.6 Construction & Mining
7.7 Other Applictions
8 Global Composite Bearings Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 VNC Bearing, Inc.
10.2 AB SKF
10.3 Trelleborg AB
10.4 CIP Composites
10.5 Soucy Composites Inc.
10.6 Federal-Mogul Corporation
10.7 Rexnord Corporation
10.8 Franklin Fibre Lamitex Corp.
10.9 TriStar Plastic Corp.
10.10 Tiodize Technologies
10.11 Tufcot Engineering Ltd.
10.12 AST Bearings LLC
10.13 HyComp LLC
10.14 Schaeffler Group
10.15 RBC Bearings Incorporated.
List of Tables
1 Global Composite Bearings Market Outlook, By Region (2016-2026) (US $MN)
2 Global Composite Bearings Market Outlook, By Material (2016-2026) (US $MN)
3 Global Composite Bearings Market Outlook, By POM (Poly Oxy Methylene) Composite (2016-2026) (US $MN)
4 Global Composite Bearings Market Outlook, By PTFE (Poly Tetra Fluoro Ethylene) Composite (2016-2026) (US $MN)
5 Global Composite Bearings Market Outlook, By Product Type (2016-2026) (US $MN)
6 Global Composite Bearings Market Outlook, By Metal Matrix (2016-2026) (US $MN)
7 Global Composite Bearings Market Outlook, By Fiber Matrix (2016-2026) (US $MN)
8 Global Composite Bearings Market Outlook, By Application (2016-2026) (US $MN)
9 Global Composite Bearings Market Outlook, By Marine (2016-2026) (US $MN)
10 Global Composite Bearings Market Outlook, By Agriculture (2016-2026) (US $MN)
11 Global Composite Bearings Market Outlook, By Aerospace (2016-2026) (US $MN)
12 Global Composite Bearings Market Outlook, By Exterior Components (2016-2026) (US $MN)
13 Global Composite Bearings Market Outlook, By Interior Components (2016-2026) (US $MN)
14 Global Composite Bearings Market Outlook, By Automotive (2016-2026) (US $MN)
15 Global Composite Bearings Market Outlook, By Rail & Mass Transit (2016-2026) (US $MN)
16 Global Composite Bearings Market Outlook, By Heavy Vehicles (2016-2026) (US $MN)
17 Global Composite Bearings Market Outlook, By Automobiles (2016-2026) (US $MN)
18 Global Composite Bearings Market Outlook, By Construction & Mining (2016-2026) (US $MN)
19 Global Composite Bearings Market Outlook, By Other Applictions (2016-2026) (US $MN)
20 North America Composite Bearings Market Outlook, By Country (2016-2026) (US $MN)
21 North America Composite Bearings Market Outlook, By Material (2016-2026) (US $MN)
22 North America Composite Bearings Market Outlook, By PTFE (Poly Tetra Fluoro Ethylene) Composite (2016-2026) (US $MN)
23 North America Composite Bearings Market Outlook, By POM (Poly Oxy Methylene) Composite (2016-2026) (US $MN)
24 North America Composite Bearings Market Outlook, By Product Type (2016-2026) (US $MN)
25 North America Composite Bearings Market Outlook, By Metal Matrix (2016-2026) (US $MN)
26 North America Composite Bearings Market Outlook, By Fiber Matrix (2016-2026) (US $MN)
27 North America Composite Bearings Market Outlook, By Application (2016-2026) (US $MN)
28 North America Composite Bearings Market Outlook, By Marine (2016-2026) (US $MN)
29 North America Composite Bearings Market Outlook, By Agriculture (2016-2026) (US $MN)
30 North America Composite Bearings Market Outlook, By Aerospace (2016-2026) (US $MN)
31 North America Composite Bearings Market Outlook, By Exterior Components (2016-2026) (US $MN)
32 North America Composite Bearings Market Outlook, By Interior Components (2016-2026) (US $MN)
33 North America Composite Bearings Market Outlook, By Automotive (2016-2026) (US $MN)
34 North America Composite Bearings Market Outlook, By Rail & Mass Transit (2016-2026) (US $MN)
35 North America Composite Bearings Market Outlook, By Heavy Vehicles (2016-2026) (US $MN)
36 North America Composite Bearings Market Outlook, By Automobiles (2016-2026) (US $MN)
37 North America Composite Bearings Market Outlook, By Construction & Mining (2016-2026) (US $MN)
38 North America Composite Bearings Market Outlook, By Other Applictions (2016-2026) (US $MN)
39 Europe Composite Bearings Market Outlook, By Country (2016-2026) (US $MN)
40 Europe Composite Bearings Market Outlook, By Material (2016-2026) (US $MN)
41 Europe Composite Bearings Market Outlook, By PTFE (Poly Tetra Fluoro Ethylene) Composite (2016-2026) (US $MN)
42 Europe Composite Bearings Market Outlook, By POM (Poly Oxy Methylene) Composite (2016-2026) (US $MN)
43 Europe Composite Bearings Market Outlook, By Product Type (2016-2026) (US $MN)
44 Europe Composite Bearings Market Outlook, By Metal Matrix (2016-2026) (US $MN)
45 Europe Composite Bearings Market Outlook, By Fiber Matrix (2016-2026) (US $MN)
46 Europe Composite Bearings Market Outlook, By Application (2016-2026) (US $MN)
47 Europe Composite Bearings Market Outlook, By Marine (2016-2026) (US $MN)
48 Europe Composite Bearings Market Outlook, By Agriculture (2016-2026) (US $MN)
49 Europe Composite Bearings Market Outlook, By Aerospace (2016-2026) (US $MN)
50 Europe Composite Bearings Market Outlook, By Exterior Components (2016-2026) (US $MN)
51 Europe Composite Bearings Market Outlook, By Interior Components (2016-2026) (US $MN)
52 Europe Composite Bearings Market Outlook, By Automotive (2016-2026) (US $MN)
53 Europe Composite Bearings Market Outlook, By Rail & Mass Transit (2016-2026) (US $MN)
54 Europe Composite Bearings Market Outlook, By Heavy Vehicles (2016-2026) (US $MN)
55 Europe Composite Bearings Market Outlook, By Automobiles (2016-2026) (US $MN)
56 Europe Composite Bearings Market Outlook, By Construction & Mining (2016-2026) (US $MN)
57 Europe Composite Bearings Market Outlook, By Other Applictions (2016-2026) (US $MN)
58 Asia Pacific Composite Bearings Market Outlook, By Country (2016-2026) (US $MN)
59 Asia Pacific Composite Bearings Market Outlook, By Material (2016-2026) (US $MN)
60 Asia Pacific Composite Bearings Market Outlook, By PTFE (Poly Tetra Fluoro Ethylene) Composite (2016-2026) (US $MN)
61 Asia Pacific Composite Bearings Market Outlook, By POM (Poly Oxy Methylene) Composite (2016-2026) (US $MN)
62 Asia Pacific Composite Bearings Market Outlook, By Product Type (2016-2026) (US $MN)
63 Asia Pacific Composite Bearings Market Outlook, By Metal Matrix (2016-2026) (US $MN)
64 Asia Pacific Composite Bearings Market Outlook, By Fiber Matrix (2016-2026) (US $MN)
65 Asia Pacific Composite Bearings Market Outlook, By Application (2016-2026) (US $MN)
66 Asia Pacific Composite Bearings Market Outlook, By Marine (2016-2026) (US $MN)
67 Asia Pacific Composite Bearings Market Outlook, By Agriculture (2016-2026) (US $MN)
68 Asia Pacific Composite Bearings Market Outlook, By Aerospace (2016-2026) (US $MN)
69 Asia Pacific Composite Bearings Market Outlook, By Exterior Components (2016-2026) (US $MN)
70 Asia Pacific Composite Bearings Market Outlook, By Interior Components (2016-2026) (US $MN)
71 Asia Pacific Composite Bearings Market Outlook, By Automotive (2016-2026) (US $MN)
72 Asia Pacific Composite Bearings Market Outlook, By Rail & Mass Transit (2016-2026) (US $MN)
73 Asia Pacific Composite Bearings Market Outlook, By Heavy Vehicles (2016-2026) (US $MN)
74 Asia Pacific Composite Bearings Market Outlook, By Automobiles (2016-2026) (US $MN)
75 Asia Pacific Composite Bearings Market Outlook, By Construction & Mining (2016-2026) (US $MN)
76 Asia Pacific Composite Bearings Market Outlook, By Other Applictions (2016-2026) (US $MN)
77 South America Composite Bearings Market Outlook, By Country (2016-2026) (US $MN)
78 South America Composite Bearings Market Outlook, By Material (2016-2026) (US $MN)
79 South America Composite Bearings Market Outlook, By PTFE (Poly Tetra Fluoro Ethylene) Composite (2016-2026) (US $MN)
80 South America Composite Bearings Market Outlook, By POM (Poly Oxy Methylene) Composite (2016-2026) (US $MN)
81 South America Composite Bearings Market Outlook, By Product Type (2016-2026) (US $MN)
82 South America Composite Bearings Market Outlook, By Metal Matrix (2016-2026) (US $MN)
83 South America Composite Bearings Market Outlook, By Fiber Matrix (2016-2026) (US $MN)
84 South America Composite Bearings Market Outlook, By Application (2016-2026) (US $MN)
85 South America Composite Bearings Market Outlook, By Marine (2016-2026) (US $MN)
86 South America Composite Bearings Market Outlook, By Agriculture (2016-2026) (US $MN)
87 South America Composite Bearings Market Outlook, By Aerospace (2016-2026) (US $MN)
88 South America Composite Bearings Market Outlook, By Exterior Components (2016-2026) (US $MN)
89 South America Composite Bearings Market Outlook, By Interior Components (2016-2026) (US $MN)
90 South America Composite Bearings Market Outlook, By Automotive (2016-2026) (US $MN)
91 South America Composite Bearings Market Outlook, By Rail & Mass Transit (2016-2026) (US $MN)
92 South America Composite Bearings Market Outlook, By Heavy Vehicles (2016-2026) (US $MN)
93 South America Composite Bearings Market Outlook, By Automobiles (2016-2026) (US $MN)
94 South America Composite Bearings Market Outlook, By Construction & Mining (2016-2026) (US $MN)
95 South America Composite Bearings Market Outlook, By Other Applictions (2016-2026) (US $MN)
96 Middle East & Africa Composite Bearings Market Outlook, By Country (2016-2026) (US $MN)
97 Middle East & Africa Composite Bearings Market Outlook, By Material (2016-2026) (US $MN)
98 Middle East & Africa Composite Bearings Market Outlook, By PTFE (Poly Tetra Fluoro Ethylene) Composite (2016-2026) (US $MN)
99 Middle East & Africa Composite Bearings Market Outlook, By POM (Poly Oxy Methylene) Composite (2016-2026) (US $MN)
100 Middle East & Africa Composite Bearings Market Outlook, By Product Type (2016-2026) (US $MN)
101 Middle East & Africa Composite Bearings Market Outlook, By Metal Matrix (2016-2026) (US $MN)
102 Middle East & Africa Composite Bearings Market Outlook, By Fiber Matrix (2016-2026) (US $MN)
103 Middle East & Africa Composite Bearings Market Outlook, By Application (2016-2026) (US $MN)
104 Middle East & Africa Composite Bearings Market Outlook, By Marine (2016-2026) (US $MN)
105 Middle East & Africa Composite Bearings Market Outlook, By Agriculture (2016-2026) (US $MN)
106 Middle East & Africa Composite Bearings Market Outlook, By Aerospace (2016-2026) (US $MN)
107 Middle East & Africa Composite Bearings Market Outlook, By Exterior Components (2016-2026) (US $MN)
108 Middle East & Africa Composite Bearings Market Outlook, By Interior Components (2016-2026) (US $MN)
109 Middle East & Africa Composite Bearings Market Outlook, By Automotive (2016-2026) (US $MN)
110 Middle East & Africa Composite Bearings Market Outlook, By Rail & Mass Transit (2016-2026) (US $MN)
111 Middle East & Africa Composite Bearings Market Outlook, By Heavy Vehicles (2016-2026) (US $MN)
112 Middle East & Africa Composite Bearings Market Outlook, By Automobiles (2016-2026) (US $MN)
113 Middle East & Africa Composite Bearings Market Outlook, By Construction & Mining (2016-2026) (US $MN)
114 Middle East & Africa Composite Bearings Market Outlook, By Other Applictions (2016-2026) (US $MN)
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