Polymer Bearing Market 2017 Trends, Research, Analysis and Review Forecast 2025

Polymer Bearing Market - Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2017 - 2025
The polymer bearing market is expected to expand at a decent pace over the
forecast period owing to the rise in demand for the product in Asia Pacific and its
increasing application in the textile, medical & pharmaceutical, automobile, and
food processing sectors. Polymer bearings are widely applied on metal surfaces and
preferred over other common bearing materials. They are chemical-resistant and
corrosive and therefore progressively favored over other types of bearings. They do
not transfer heat to other areas due their ability to auto-lubricate, which eliminates
the chances of failure due to low maintenance. Rising demand for the product from
the automobile industry is likely to push the expansion of the polymer bearings
market over the forecast period. Due to their varied properties including high
corrosion, lightweight bodies, lubricant-free nature, and resistance to fatigue,
polymer bearings are extensively employed in the automotive industry. However,
the rigid government regulations pertaining to their use in the food packaging and
processing industries have restricted the polymer bearings market from further
expansion. Furthermore, polymer bearings are economical compared to metal
bearings which makes them a favourable alternative. Polymers are resistant to acid,
alkali, wax and solvents owing to their non-conductive and anti-corrosion resistant
properties. Being 70 to 80 percent lighter compared to other metals they are
extensively used in the automotive industry. In the automotive sector it is used in
the windshield wipers, shock absorbers, brakes, shafts, hinges, gear boxes, engine
compartments, angle transmitters and pedals. The global polymer bearing market is
majorly driven by the growth of the automotive industry.
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The market is segregated by type of material into the following categories:
phenolics, nylon, acetal, Teflon, and UHMWPE. Phenolics accounted for a major
market share in 2016 and the segment is anticipated to retain its position over the
forecast period, driven by the surge in demand for phenolic bearings from various
end-user industries such as textile, food packaging, automobiles, and
semiconductors. These bearings exhibit excellent strength and resistance to shock
as well as to acid, water, and alkali solutions. They are useful for providing the right
amount of cooling and clearance in heavily loaded systems. On the basis of enduser
industry, the polymer bearings market is divided into the following segments:

automobiles, packaging, medical & pharmaceuticals, and others. The automobile
sector expanded rapidly in 2016 and is estimated to continue doing so over the next
few years. Polymer bearings are used in this industry to manufacture belt
tensioners, center armrests, gear actuators, pedal systems, stub axels, steering
systems, and seating systems.
Geographically, the polymer bearings market is distributed over North America,
Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific held the
dominant market share in 2016 and is projected to retain its dominance over the
forecast period on account of the rising demand for polymer bearings in end-user
industries in the region such as textiles, automobiles, packaging, medical &
pharmaceuticals, and chemicals. Emerging economies such as China and India are
contributing significantly to the growth of the polymer bearings market in this
region. China constituted a prominent market share in 2016 and is expected to
remain dominant over the forecast period. North America is also predicted to hold a
significant market share over the forecast period owing to the well-established
industrial and infrastructural scenario in the region. Latin America is an emerging
region for polymer bearings and likely to develop at a decent pace over the next
few years.
Key players operating in the polymer bearing market include SKF, Boston Gear LLC,
IGUS Inc., Saint-Gobain S.A., and BNL Ltd. Other major companies include Oiles
Corporation, KMS Bearings, Inc., Dotmar Engineering Plastic Products, and Kilian
Manufacturing.
The report offers a comprehensive evaluation of the market. It does so via in-depth
qualitative insights, historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges

Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium,
Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through
interviews, surveys, and observations of seasoned analysts) and secondary research
(which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by
analyzing data gathered from industry analysts and market participants across key
points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and microeconomic
indicators, and regulations and mandates is included under the purview of
the study. By doing so, the report projects the attractiveness of each major segment
over the forecast period.
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