Polymer Bearing Market Report: Trends, Forecast and Competitive Analysis to 2030

Polymer Bearing Trends and Forecast

The future of the global polymer bearing market looks promising with opportunities in the automobile, textile, medical & pharmaceutical, packaging, elevator, food processing, and chemical markets. The global polymer bearing market is expected to reach an estimated $15.2 billion by 2030 with a CAGR of 4.9% from 2024 to 2030. The major drivers for this market are shift towards sustainable manufacturing, rising demand for lightweight and durable materials, and continuous technological advancements in the development of polymer bearings.

A more than 150-page report is developed to help in your business decisions.

Polymer Bearing by Segment

The study includes a forecast for the global polymer bearing by material, end use, and region.

Polymer Bearing Market by Material [Shipment Analysis by Value from 2018 to 2030]:

• Phenolics
• Nylon
• Teflon
• Acetal
• Ultra High Molecular Weight Polyethylene
• Others

Polymer Bearing Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Automobile
• Textile
• Medical & Pharmaceutical
• Packaging
• Elevators
• Food Processing
• Chemical
• Others

Polymer Bearing Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Polymer Bearing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polymer bearing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polymer bearing companies profiled in this report include-

• SKF
• Igus
• BNL
• Boston Gear
• Dotmar Engineering Plastic Products
• Saint-Gobain
• Oiles
• Kashima Bearings
• KMS Bearings
• Kilian Manufacturing

Polymer Bearing Market Insights

Lucintel forecasts that phenolic is expected to witness the highest growth over the forecast period due to its high strength as well as the ability to cope with water, acid or alkali solutions.

Within this market, automobile will remain the largest segment due to substantial application of polymer bearing in this sector owing to their characteristics, such as light weight, short maintenance, lubrication free, and high wear & fatigue.

APAC will remain the largest region over the forecast period due to high demand for polymer bearing fromvarious end use industries, such as automotive, textile, food processing, medical & pharmaceutical, packaging, and chemical in the region.

Features of the Global Polymer Bearing Market

Market Size Estimates: Polymer bearing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Polymer bearing market size by material, end use, and region in terms of value ($B).

Regional Analysis: Polymer bearing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different materials, end uses, and regions for the polymer bearing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polymer bearing market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the polymer bearing market size?

Answer: The global polymer bearing market is expected to reach an estimated $15.2 billion by 2030.

Q2. What is the growth forecast for polymer bearing market?

Answer: The global polymer bearing market is expected to grow with a CAGR of 4.9% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the polymer bearing market?

Answer: The major drivers for this market are shift towards sustainable manufacturing, rising demand for lightweight and durable materials, and continuous technological advancements in the development of polymer bearings.

Q4. What are the major segments for polymer bearing market?

Answer: The future of the polymer bearing market looks promising with opportunities in the automobile, textile, medical & pharmaceutical, packaging, elevator, food processing, and chemical markets.

Q5. Who are the key polymer bearing market companies?

Answer: Some of the key polymer bearing companies are as follows:

• SKF
• Igus
• BNL
• Boston Gear
• Dotmar Engineering Plastic Products
• Saint-Gobain
• Oiles
• Kashima Bearings
• KMS Bearings
• Kilian Manufacturing

Q6. Which polymer bearing market segment will be the largest in future?

Answer: Lucintel forecasts that phenolic is expected to witness the highest growth over the forecast period due to its high strength as well as the ability to cope with water, acid or alkali solutions.

Q7. In polymer bearing market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to high demand for polymer bearing fromvarious end use industries, such as automotive, textile, food processing, medical & pharmaceutical, packaging, and chemical in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the polymer bearing market by material (phenolics, nylon, teflon, acetal, ultra high molecular weight polyethylene, and others), end use (automobile, textile, medical & pharmaceutical, packaging, elevators, food processing, chemical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?