Self Lubricating Composite Bearings Market Report

Self-Lubricating Composite Bearings Market Insights

The global self-lubricating composite bearings market is projected to witness an impressive CAGR of >7% over the next five years, driven by its several advantages, such as high strength, low life cycle cost, low maintenance cost, excellent dimensional stability in high-temperature areas, and no requirement for lubrication. Additionally, increasing demand for lightweight components across industries would further propel the demand for composite bearings over the next five years.

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Self-Lubricating Composite Bearings Market Share Analysis

Self-Lubricating Composite Bearings Market Share by Reinforcement Type

Global self-lubricating composite bearings market is segmented based on reinforcement type as metal matrix and fiber matrix. Metal matrix is expected to remain the dominant reinforcement type in the global self-lubricating composite bearings market over the next five years, driven by its excellent strength as compared to metal bearings. This reinforcement type is also expected to register the highest growth in the same period.

Self-Lubricating Composite Bearings Market Share by End-Use Industry Type

Global self-lubricating composite bearings market is further segmented based on end-use industry type as aerospace & defense, transportation, construction & mining equipment, agriculture, marine, and others. Construction & Mining equipment currently dominates the global self-lubricating composite bearings market and is projected to remain the largest end-use industry type during the forecast period of 2020 to 2025, driven by its several advantages, such as non-lubrication, low-maintenance, high strength, and an excellent dimensional stability in high temperature. Other major end-use industries, such as transportation, aerospace & defense, and agriculture, are also projected to create a healthy demand for composite bearings over the next five years.

Regional Insights

North America is expected to remain the largest market for self-lubricating composite bearings over the next five years as the region registers the utmost presence of composite bearing manufacturers and raw material manufacturers. Asia-Pacific is estimated to witness the fastest growth in the composite bearings market during the forecast period. Increasing investment in infrastructure projects, high focus on agriculture, upcoming commercial and regional aircraft, increasing automobile production, and high investment in high-speed rail projects are driving the Asia-Pacific’s self-lubricating composite bearings market in the Asia-Pacific region. China and India are projected to act as the growth engines of this region.

Key Players

Schaeffler Group, Saint-Gobain, Trelleborg Group, Rexnord Corporation, Polygon Company, HyComp LLC, Tiodize Co., TriStar Plastic Corp., Spaulding Composites, and AST Bearings are major players in the self-lubricating composite bearings market. New application development and collaboration with customers are some of the key strategies adopted by major companies to gain a competitive edge over others.

Research Methodology

For calculating the market size, our analysts follow either Top-Bottom or Bottom-Top approach or both, depending upon the complexity or availability of the data points. Our reports offer high-quality insights and are the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. We leverage multitude of authenticated secondary sources, such as company annual reports, government sources, trade associations, journals, investor presentation, white papers, and articles to gather the data. More than 10 detailed primary interviews with the market players across the value chain in all four regions and industry experts are usually executed to obtain both qualitative and quantitative insights.

Market Scope & Segmentation

The market is segmented in the following ways:

Self-Lubricating Composite Bearings Market Size, Share & Forecast by Reinforcement Type:

• Metal Matrix based Composite Bearings (Regional Analysis: NA, Europe, APAC, and RoW)
• Fiber Matrix based Composite Bearings (Regional Analysis: NA, Europe, APAC, and RoW)

Self-Lubricating Composite Bearings Market Size, Share & Forecast by Matrix Type:

• Thermoset-based Composite Bearings (Regional Analysis: NA, Europe, APAC, and RoW)
• Thermoplastic-based Composite Bearings (Regional Analysis: NA, Europe, APAC, and RoW)

Self-Lubricating Composite Bearings Market Size, Share & Forecast by End-Use Industry Type:

• Aerospace & Defense (Regional Analysis: NA, Europe, APAC, and RoW)
• Transportation (Regional Analysis: NA, Europe, APAC, and RoW)
• Construction & Mining Equipment (Regional Analysis: NA, Europe, APAC, and RoW)
• Agriculture (Regional Analysis: NA, Europe, APAC, and RoW)
• Marine (Regional Analysis: NA, Europe, APAC, and RoW)
• Others (Regional Analysis: NA, Europe, APAC, and RoW)

Self-Lubricating Composite Bearings Market Size, Share & Forecast by Region:

• North America (Country Analysis: USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, UK, Russia, and Rest of the Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the world (Country Analysis: Middle East, Latin America, and Others)

Report Features

This report, from Stratview Research, studies the global self-lubricating composite bearings market over the period 2020 to 2025. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities in the market.

The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3)
• SWOT analysis of key players (up to 3)

Market Segmentation

• Current market segmentation of any one of the end-use industry type by reinforcement type 

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com