Polymer Bearing Market is Growing 4.4% CAGR During Forecast Period

Polymer Bearing Market by End-Use Industry (Automobile, Medical & Pharmaceutical, Textile, Packaging, Elevator, Food, Office Products, Chemical), Type of Material (Phenolics, Acetal, Nylon, Teflon, UHMWPE), and Region - Global Forecast to 2026 Published: Nov 2016 No. Pages : 157

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Polymer Bearing Market: Global Forecast to 2026 “The global polymer bearing market is projected to grow at a CAGR of 4.4% from 2016 to 2026” The global polymer bearing market is projected to reach USD 12.89 billion by 2026, at a CAGR of 4.4% between 2016 and 2026. Increase in demand for polymer bearings from the automotive industry is propelling the growth of this market. Polymer bearings are being widely used in the automotive industry, owing to their properties such as lightweight, high corrosion & chemical resistant, high wear & fatigue resistant, and lubricant-free. “Phenolics is the largest material type segment of the global polymer bearing market” The phenolics material type segment contributed the largest share to the global polymer bearing market in 2015; this segment is expected to grow at the highest CAGR from 2016 to 2026.

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Polymer Bearing Market: Global Forecast to 2026 “The Asia-Pacific region led the global polymer bearing market in 2015” The Asia-Pacific region led the global polymer bearing market in 2015, 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. 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. Profile break-up of primary participants for the report:  By Company Type - Tier 1 – 57 %, Tier 2 – 29%, and Tier 3 – 14%  By Designation – C Level – 55%, D Level – 36%, and Others – 9%  By Region – North America - 57%, Europe – 14%, Asia-Pacific – 22%, and RoW- 7%

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Polymer Bearing Market: Global Forecast to 2026 Key players are as follows:  SKF (Sweden)  Igus Inc. (U.S.)  BNL Ltd. (U.K.)  Boston Gear LLC (U.S.)  Dotmar Engineering Plastic Products (Australia) Complete report on Polymer Bearing Market spread across 157 pages, profiling 11 companies and supported with 95 tables and 38 figures is now available at http://www.reportsnreports.com/reports/756388-polymer-bearing-market-by-end-useindustry-automobile-medical-pharmaceutical-textile-packaging-elevator-food-officeproducts-chemical-type-of-material-phenolics-acetal-nylon-teflon-uhmwpe-and-regi-stto-2026.html

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Polymer Bearing Market: Global Forecast to 2026 Table of Contents 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Polymer Bearing Market, By End-Use Industry 8 Polymer Bearing Market, By Type of Material Browse related reports at http://www.reportsnreports.com/market-research/chemicals

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Polymer Bearing Market: Global Forecast to 2026

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