Composite Bearings Market was valued at US$ 5.35 Bn in 2022 and is expected to reach US$ 8.76 Bn by 2029, at a CAGR of 7.29% during a forecast period. The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To know about the Research Methodology :- Request Free Sample Report
Composite Bearings Market Segment Analysis
Based on product type, the metal matrix segment is expected to hold the largest share in the market due to its various features such as moderate cost, high strength, working stability in harsh environments. The usage of metal matrix bearing is rising in various sectors such as construction & mining and automotive. On the basis of application, construction & mining applications are expected to hold the largest share in the market during the forecast period due to the rising usage of the composite in construction & mining activities as it holds various features. Major driving factors of the market are the rising need for long product life with low maintenance cost and growing usage of composite bearings in demanding applications including construction & mining, automotive, and aerospace across the globe. In addition, rapid technological advancements in the production of composite bearings are also the driving factors of the composite bearing market.Composite Bearings Market Regional Insights
In terms of region, North America held the largest share in the market in 2022 and is expected to maintain its dominance over the forecast period owing to growing demand from the construction, mining, and automotive industries. They also have a huge demand for their features such as lightness in weight, dimensional stability, resistance against fatigue, and corrosion. Moreover, technological advancements in the mass production of composite bearings and the growing usage of these bearings in the aerospace sector are also boosting the market growth in the region. Asia Pacific is expected to generate the highest CAGR during the forecast period. The report includes a detailed study of Porter’s Five Forces model to analyze the different factors affecting the growth of the market. Moreover, the study also covers a market attractiveness analysis, PESTLE analysis, Value Chain Analysis, and SWOT analysis.Composite Bearings Market, Key Highlights:
Global market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the global market Composite Bearings Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Global market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the global market are also profiled.Composite Bearings Market Scope:Inquire before buying
Composite Bearings Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 5.35 Bn. Forecast Period 2023 to 2029 CAGR: 7.29% Market Size in 2029: US $ 8.76 Bn. Segments Covered: by Product Type Metal Matrix Fiber Matrix by Application Automotive Construction & Mining Aerospace Marine Others Composite Bearings Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Composite Bearings Market Key Players
1. Arkema 2. Mitsubishi Plastics, Inc. 3. Huntsman Corporation 4. Arkema 5. CIP Composites 6. ACM Composites 7. AST Bearings LLC 8. CSB Sliding BearingsPvt. Ltd. 9. Federal-Mogul Corporation 10. Franklin FiberLamitex 11. GGB Bearing Technology 12. H4 Marine Limited 13. Polygon Company 14. RBC Bearings Incorporated Hycomp LLC 15. Rexnord Corporationn Frequently Asked Questions: 1. Which region has the largest share in Global Composite Bearings Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Composite Bearings Market? Ans: The Global Composite Bearings Market is growing at a CAGR of 7.29% during forecasting period 2023-2029. 3. What is scope of the Global Composite Bearings market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Composite Bearings market? Ans: The important key players in the Global Composite Bearings Market are – Arkema, Mitsubishi Plastics, Inc., Huntsman Corporation, Arkema, CIP Composites, ACM Composites, AST Bearings LLC, CSB Sliding BearingsPvt. Ltd., 5. What is the study period of this market? Ans: The Global Composite Bearings Market is studied from 2022 to 2029.
Composite Bearings Market
1. Preface 1.1. Research Objectives 1.2. Report Scope and Market Segmentation 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations Used 2.3. Research Methodology 3. Executive Summary 3.1. Composite Bearings Market Size, by Value and Volume (US$ Bn) 4. Market Dynamics 4.1. Introduction 4.2. Drivers 4.3. Restraints 4.4. Opportunities 4.5. Challenges 4.4. Composite Bearings Market Industry Trends 5. Market Decision Framework 5.1. Porter’s Analysis 5.2. Value Chain Analysis 5.3. SWOT Analysis 5.4. PEST Analysis 6. Composite Bearings Market Analysis and Forecast 6.1. Composite Bearings Market Size& Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Composite Bearings Market Analysis and Forecast, by Product Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Composite Bearings Market Value Share Analysis, by Product Type 7.4. Market Size (US$ Bn) Forecast, by Product Type 7.5. Composite Bearings Market Analysis, by Product Type 7.6. Composite Bearings Market Attractiveness Analysis, by Product Type 8. Composite Bearings Market Analysis and Forecast, by Application 8.1. Introduction and Definition 8.2. Composite Bearings Market Value Share Analysis, by Application 8.3. Market Size (US$ Bn) Forecast, by Application 8.4. Composite Bearings Market Analysis, by Application 8.5. Composite Bearings Market Attractiveness Analysis, by Application 9. Composite Bearings Market Analysis, by Region 9.1. Composite Bearings Market Value Share Analysis, by Region 9.2. Market Size (US$ Bn) Forecast, by Region 9.3. Composite Bearings Market Attractiveness Analysis, by Region 10. North America Composite Bearings Market Analysis 10.1. Key Findings 10.2. North America Composite Bearings Market Overview 10.3. North America Composite Bearings Market Value Share Analysis, by Product Type 10.4. North America Composite Bearings Market Forecast, by Product Type 10.4.1. Metal Matrix 10.4.2. Fiber Matrix 10.5. North America Composite Bearings Market Value Share Analysis, by Application 10.6. North America Composite Bearings Market Forecast, by Application 10.6.1. Automotive 10.6.2. Construction & Mining 10.6.3. Aerospace 10.6.4. Marine 10.6.5. Others 10.7. North America Composite Bearings Market Value Share Analysis, by Country 10.8. North America Composite Bearings Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Composite Bearings Market Analysis, by Country 10.10. U.S. Composite Bearings Market Forecast, by Product Type 10.10.1. Metal Matrix 10.10.2. Fiber Matrix 10.11. U.S. Composite Bearings Market Forecast, by Application 10.11.1. Automotive 10.11.2. Construction & Mining 10.11.3. Aerospace 10.11.4. Marine 10.11.5. Others 10.12. Canada Composite Bearings Market Forecast, by Product Type 10.12.1. Metal Matrix 10.12.2. Fiber Matrix 10.13. Canada Composite Bearings Market Forecast, by Application 10.13.1. Automotive 10.13.2. Construction & Mining 10.13.3. Aerospace 10.13.4. Marine 10.13.5. Others 10.14. North America Composite Bearings Market Attractiveness Analysis 10.14.1. By Product Type 10.14.2. By Application 10.15. Key Trends 10.16. Key Developments 11. Europe Composite Bearings Market Analysis 11.1. Key Findings 11.2. Europe Composite Bearings Market Overview 11.3. Europe Composite Bearings Market Value Share Analysis, by Product Type 11.4. Europe Composite Bearings Market Forecast, by Product Type 11.4.1. Metal Matrix 11.4.2. Fiber Matrix 11.5. Europe Composite Bearings Market Value Share Analysis, by Application 11.6. Europe Composite Bearings Market Forecast, by Application 11.6.1. Automotive 11.6.2. Construction & Mining 11.6.3. Aerospace 11.6.4. Marine 11.6.5. Others 11.7. Europe Composite Bearings Market Value Share Analysis, by Country 11.8. Europe Composite Bearings Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Rest of Europe 11.9. Europe Composite Bearings Market Analysis, by Country/ Sub-region 11.10. Germany Composite Bearings Market Forecast, by Product Type 11.10.1. Metal Matrix 11.10.2. Fiber Matrix 11.11. Germany Composite Bearings Market Forecast, by Application 11.11.1. Automotive 11.11.2. Construction & Mining 11.11.3. Aerospace 11.11.4. Marine 11.11.5. Others 11.12. U.K. Composite Bearings Market Forecast, by Product Type 11.12.1. Metal Matrix 11.12.2. Fiber Matrix 11.13. U.K. Composite Bearings Market Forecast, by Application 11.13.1. Automotive 11.13.2. Construction & Mining 11.13.3. Aerospace 11.13.4. Marine 11.13.5. Others 11.14. France Composite Bearings Market Forecast, by Product Type 11.14.1. Metal Matrix 11.14.2. Fiber Matrix 11.15. France Composite Bearings Market Forecast, by Application 11.15.1. Automotive 11.15.2. Construction & Mining 11.15.3. Aerospace 11.15.4. Marine 11.15.5. Others 11.16. Italy Composite Bearings Market Forecast, by Product Type 11.16.1. Metal Matrix 11.16.2. Fiber Matrix 11.17. Italy Composite Bearings Market Forecast, by Application 11.17.1. Automotive 11.17.2. Construction & Mining 11.17.3. Aerospace 11.17.4. Marine 11.17.5. Others 11.18. Spain Composite Bearings Market Forecast, by Product Type 11.18.1. Metal Matrix 11.18.2. Fiber Matrix 11.19. Spain Composite Bearings Market Forecast, by Application 11.19.1. Automotive 11.19.2. Construction & Mining 11.19.3. Aerospace 11.19.4. Marine 11.19.5. Others 11.20. Rest of Europe Composite Bearings Market Forecast, by Product Type 11.20.1. Metal Matrix 11.20.2. Fiber Matrix 11.21. Rest of Europe Composite Bearings Market Forecast, by Application 11.21.1. Automotive 11.21.2. Construction & Mining 11.21.3. Aerospace 11.21.4. Marine 11.21.5. Others 11.22. Europe Composite Bearings Market Attractiveness Analysis 11.22.1. By Product Type 11.22.2. By Application 11.23. Key Trends 11.24. Key Developments 12. Asia Pacific Composite Bearings Market Analysis 12.1. Key Findings 12.2. Asia Pacific Composite Bearings Market Overview 12.3. Asia Pacific Composite Bearings Market Value Share Analysis, by Product Type 12.4. Asia Pacific Composite Bearings Market Forecast, by Product Type 12.4.1. Metal Matrix 12.4.2. Fiber Matrix 12.5. Asia Pacific Composite Bearings Market Value Share Analysis, by Application 12.6. Asia Pacific Composite Bearings Market Forecast, by Application 12.6.1. Automotive 12.6.2. Construction & Mining 12.6.3. Aerospace 12.6.4. Marine 12.6.5. Others 12.7. Asia Pacific Composite Bearings Market Value Share Analysis, by Country 12.8. Asia Pacific Composite Bearings Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. ASEAN 12.8.5. Rest of Asia Pacific 12.9. Asia Pacific Composite Bearings Market Analysis, by Country/ Sub-region 12.10. China Composite Bearings Market Forecast, by Product Type 12.10.1. Metal Matrix 12.10.2. Fiber Matrix 12.11. China Composite Bearings Market Forecast, by Application 12.11.1. Automotive 12.11.2. Construction & Mining 12.11.3. Aerospace 12.11.4. Marine 12.11.5. Others 12.12. India Composite Bearings Market Forecast, by Product Type 12.12.1. Metal Matrix 12.12.2. Fiber Matrix 12.13. India Composite Bearings Market Forecast, by Application 12.13.1. Automotive 12.13.2. Construction & Mining 12.13.3. Aerospace 12.13.4. Marine 12.13.5. Others 12.14. Japan Composite Bearings Market Forecast, by Product Type 12.14.1. Metal Matrix 12.14.2. Fiber Matrix 12.15. Japan Composite Bearings Market Forecast, by Application 12.15.1. Automotive 12.15.2. Construction & Mining 12.15.3. Aerospace 12.15.4. Marine 12.15.5. Others 12.16. ASEAN Composite Bearings Market Forecast, by Product Type 12.16.1. Metal Matrix 12.16.2. Fiber Matrix 12.17. ASEAN Composite Bearings Market Forecast, by Application 12.17.1. Automotive 12.17.2. Construction & Mining 12.17.3. Aerospace 12.17.4. Marine 12.17.5. Others 12.18. Rest of Asia Pacific Composite Bearings Market Forecast, by Product Type 12.18.1. Metal Matrix 12.18.2. Fiber Matrix 12.19. Rest of Asia Pacific Composite Bearings Market Forecast, by Application 12.19.1. Automotive 12.19.2. Construction & Mining 12.19.3. Aerospace 12.19.4. Marine 12.19.5. Others 12.20. Asia Pacific Composite Bearings Market Attractiveness Analysis 12.20.1. By Product Type 12.20.2. By Application 12.21. Key Trends 12.22. Key Developments 13. Middle East & Africa Composite Bearings Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Composite Bearings Market Overview 13.3. Middle East & Africa Composite Bearings Market Value Share Analysis, by Product Type 13.4. Middle East & Africa Composite Bearings Market Forecast, by Product Type 13.4.1. Metal Matrix 13.4.2. Fiber Matrix 13.5. Middle East & Africa Composite Bearings Market Value Share Analysis, by Application 13.6. Middle East & Africa Composite Bearings Market Forecast, by Application 13.6.1. Automotive 13.6.2. Construction & Mining 13.6.3. Aerospace 13.6.4. Marine 13.6.5. Others 13.7. Middle East & Africa Composite Bearings Market Value Share Analysis, by Country 13.8. Middle East & Africa Composite Bearings Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Composite Bearings Market Analysis, by Country/ Sub-region 13.10. GCC Composite Bearings Market Forecast, by Product Type 13.10.1. Metal Matrix 13.10.2. Fiber Matrix 13.11. GCC Composite Bearings Market Forecast, by Application 13.11.1. Automotive 13.11.2. Construction & Mining 13.11.3. Aerospace 13.11.4. Marine 13.11.5. Others 13.12. South Africa Composite Bearings Market Forecast, by Product Type 13.12.1. Metal Matrix 13.12.2. Fiber Matrix 13.13. South Africa Composite Bearings Market Forecast, by Application 13.13.1. Automotive 13.13.2. Construction & Mining 13.13.3. Aerospace 13.13.4. Marine 13.13.5. Others 13.14. Rest of Middle East & Africa Composite Bearings Market Forecast, by Product Type 13.14.1. Metal Matrix 13.14.2. Fiber Matrix 13.15. Rest of Middle East & Africa Composite Bearings Market Forecast, by Application 13.15.1. Automotive 13.15.2. Construction & Mining 13.15.3. Aerospace 13.15.4. Marine 13.15.5. Others 13.16. Middle East & Africa Composite Bearings Market Attractiveness Analysis 13.16.1. By Product Type 13.16.2. By Application 13.17. Key Trends 13.18. Key Developments 14. South America Composite Bearings Market Analysis 14.1. Key Findings 14.2. South America Composite Bearings Market Overview 14.3. South America Composite Bearings Market Value Share Analysis, by Product Type 14.4. South America Composite Bearings Market Forecast, by Product Type 14.4.1. Metal Matrix 14.4.2. Fiber Matrix 14.5. South America Composite Bearings Market Value Share Analysis, by Application 14.6. South America Composite Bearings Market Forecast, by Application 14.6.1. Automotive 14.6.2. Construction & Mining 14.6.3. Aerospace 14.6.4. Marine 14.6.5. Others 14.7. South America Composite Bearings Market Value Share Analysis, by Country 14.8. South America Composite Bearings Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Rest of South America 14.9. South America Composite Bearings Market Analysis, by Country/ Sub-region 14.10. Brazil Composite Bearings Market Forecast, by Product Type 14.10.1. Metal Matrix 14.10.2. Fiber Matrix 14.11. Brazil Composite Bearings Market Forecast, by Application 14.11.1. Automotive 14.11.2. Construction & Mining 14.11.3. Aerospace 14.11.4. Marine 14.11.5. Others 14.12. Mexico Composite Bearings Market Forecast, by Product Type 14.12.1. Metal Matrix 14.12.2. Fiber Matrix 14.13. Mexico Composite Bearings Market Forecast, by Application 14.13.1. Automotive 14.13.2. Construction & Mining 14.13.3. Aerospace 14.13.4. Marine 14.13.5. Others 14.14. Rest of South America Composite Bearings Market Forecast, by Product Type 14.14.1. Metal Matrix 14.14.2. Fiber Matrix 14.15. Rest of South America Composite Bearings Market Forecast, by Application 14.15.1. Automotive 14.15.2. Construction & Mining 14.15.3. Aerospace 14.15.4. Marine 14.15.5. Others 14.16. South America Composite Bearings Market Attractiveness Analysis 14.16.1. By Product Type 14.16.2. By Application 14.17. Key Trends 14.18. Key Developments 15. Competitive Landscape 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. Market Consolidation 15.2.2.1. M&A By Regions, Investment, Applications 15.2.2.2. M&A Key Players, Forward Integration, Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Huntsman Corporation 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Business Strategy 15.3.1.4. Recent Developments 15.3.1.5. Manufacturing Footprint 15.3.2. Arkema 15.3.3. Mitsubishi Plastics, Inc. 15.3.4. CIP Composites 15.3.5. ACM Composites 15.3.6. AST Bearings LLC 15.3.7. CSB Sliding Bearings Pvt. Ltd. 15.3.8. Federal-Mogul Corporation 15.3.9. Franklin FiberLamitex 15.3.10. GGB Bearing Technology 15.3.11. H4 Marine Limited 15.3.12. Polygon Company 15.3.13. RBC Bearings Incorporated Hycomp LLC 15.3.14. Rexnord Corporation 16. Primary Key Insights