Market Overview:
The global bi-metallic composite bearings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for agricultural machinery, construction machinery, engineering machinery, and automotive parts across the globe. In addition, the growing awareness about the benefits of using bi-metallic composite bearings is also contributing to the growth of this market. The global bi-metallic composite bearings market can be segmented on the basis of type and application. On the basis of type, it can be divided into steel + lead bronze powder and steel + lead-free bronze powder segments.
Product Definition:
A Bi-Metallic Composite Bearing is a bearing that contains both metallic and nonmetallic materials. The metallic materials are used for the bearing's inner and outer rings, while the nonmetallic material is used for the bearing's cage. This type of bearing has many advantages over traditional bearings, including improved wear resistance, corrosion resistance, and thermal stability. Additionally, Bi-Metallic Composite Bearings are lighter in weight than traditional bearings, making them ideal for use in high-speed applications.
Steel + Lead Bronze Powder:
Steel + Lead (SL) bronze powder is a high-performance material, which combines the advantages of both steel and lead. It has better mechanical properties than either metal by itself but still remains lightweight due to the low density of the material. The key feature that differentiates it from other metals is its ability to absorb energy during impact while maintaining stability.
Steel + Lead-free Bronze Powder:
Steel + Lead-free bronze powder is a high performance material, which offers advantages such as low friction and wear resistance. It also has the ability to absorb energy during an impact, thereby reducing the stress on other parts of the bearing. Steel + Lead-free bronze powder is used in bi-metallic composite bearings owing to its excellent abrasion resistance and corrosion protection properties.
Application Insights:
The construction machinery segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing infrastructure spending in emerging economies across the Asia Pacific region, such as China, India and Japan. In addition, favorable government policies for promoting investments are expected to boost product demand over the coming years.
The automotive parts application segment is estimated to witness significant growth during the forecast period owing to rising demand for bi-metallic composite bushes from major automotive manufacturers including Toyota Motor Corporation, Honda Motor Co., Ltd., Nissan Motors Ltd., Mitsubishi Electric Corp., Suzuki Motor Co., Ltd.; Volkswagen AG; FordMotorCo.; General Motors Company; Tesla Inc.; Hyundai Heavy Industries Limited; Mahindra & Mahindra Limited; ASE Electronics Argentina S.A.; Bajaj Auto Parts Pvt ltd.; TATA Steel Auto Components Pvt ltd.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in demand for agricultural machinery, construction machinery, automotive parts and other machines owing to rapid urbanization and increasing population.
China emerged as a major consumer of these products due to high growth rate of industrial sector coupled with heavy investments made by Chinese government for manufacturing bi-metallic components. In addition, rising awareness regarding environment protection is anticipated to propel product demand over the coming years.
Europe accounted for more than 25% share of global revenue in 2017 on account of presence of prominent manufacturers such as bearing halevik ABB Ltd., FAG Kugelfischer AG & Co.
Growth Factors:
- Increasing demand from the automotive industry: The global bi-metallic composite bearings market is expected to grow at a CAGR of 5.5% during the forecast period. The increasing demand for automobiles across the globe is one of the key factors driving the growth of this market. Bi-metallic composite bearings are used in various applications such as engines, transmissions, and chassis in automobiles.
- Growing demand for energy efficient vehicles: With stringent emission norms being implemented by governments across different regions, there is an increased focus on developing energy efficient vehicles. Bi-metallic composite bearings help reduce friction and save fuel, which makes them ideal for use in these types of vehicles. This is another factor contributing to the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bi-Metallic Composite Bearings Market Research Report
By Type
Steel + Lead Bronze Powder, Steel + Lead-free Bronze Powder
By Application
Agricultural machinery, Construction machinery, Engineering Machinery, Automotive Parts, Others
By Companies
Jiashan Hengxing Oil-Bearing Plant, Zhejiang SF Oilless Bearing, AMK Metallurgical Machinery Group, Zhejiang TOP Bearings, Zhejiang Fengli, Jiangsu Juli Bearings, Jiashan Anchi Bearing Manufacturing, GGB, Oiles, Rheinmetall Automotive AG (Kolbenschmidt), CSB (Zhejiang Changsheng Sliding Bearing), COB Bearing, Jiashan Tianda Self Lubricating Bearing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Bi-Metallic Composite Bearings Market Report Segments:
The global Bi-Metallic Composite Bearings market is segmented on the basis of:
Types
Steel + Lead Bronze Powder, Steel + Lead-free Bronze Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agricultural machinery, Construction machinery, Engineering Machinery, Automotive Parts, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Jiashan Hengxing Oil-Bearing Plant
- Zhejiang SF Oilless Bearing
- AMK Metallurgical Machinery Group
- Zhejiang TOP Bearings
- Zhejiang Fengli
- Jiangsu Juli Bearings
- Jiashan Anchi Bearing Manufacturing
- GGB
- Oiles
- Rheinmetall Automotive AG (Kolbenschmidt)
- CSB (Zhejiang Changsheng Sliding Bearing)
- COB Bearing
- Jiashan Tianda Self Lubricating Bearing
Highlights of The Bi-Metallic Composite Bearings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel + Lead Bronze Powder
- Steel + Lead-free Bronze Powder
- By Application:
- Agricultural machinery
- Construction machinery
- Engineering Machinery
- Automotive Parts
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bi-Metallic Composite Bearings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bi-metallic composite bearings are a type of bearing that use two different metals to create the bearing. This allows for a more durable and longer lasting bearing.
Some of the major players in the bi-metallic composite bearings market are Jiashan Hengxing Oil-Bearing Plant, Zhejiang SF Oilless Bearing, AMK Metallurgical Machinery Group, Zhejiang TOP Bearings, Zhejiang Fengli, Jiangsu Juli Bearings, Jiashan Anchi Bearing Manufacturing, GGB, Oiles, Rheinmetall Automotive AG (Kolbenschmidt), CSB (Zhejiang Changsheng Sliding Bearing), COB Bearing, Jiashan Tianda Self Lubricating Bearing.
The bi-metallic composite bearings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bi-Metallic Composite Bearings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bi-Metallic Composite Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bi-Metallic Composite Bearings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bi-Metallic Composite Bearings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bi-Metallic Composite Bearings Market Size & Forecast, 2018-2028
4.5.1 Bi-Metallic Composite Bearings Market Size and Y-o-Y Growth
4.5.2 Bi-Metallic Composite Bearings Market Absolute $ Opportunity
Chapter 5 Global Bi-Metallic Composite Bearings Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bi-Metallic Composite Bearings Market Size Forecast by Type
5.2.1 Steel + Lead Bronze Powder
5.2.2 Steel + Lead-free Bronze Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bi-Metallic Composite Bearings Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bi-Metallic Composite Bearings Market Size Forecast by Applications
6.2.1 Agricultural machinery
6.2.2 Construction machinery
6.2.3 Engineering Machinery
6.2.4 Automotive Parts
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bi-Metallic Composite Bearings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bi-Metallic Composite Bearings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bi-Metallic Composite Bearings Analysis and Forecast
9.1 Introduction
9.2 North America Bi-Metallic Composite Bearings Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bi-Metallic Composite Bearings Market Size Forecast by Type
9.6.1 Steel + Lead Bronze Powder
9.6.2 Steel + Lead-free Bronze Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bi-Metallic Composite Bearings Market Size Forecast by Applications
9.10.1 Agricultural machinery
9.10.2 Construction machinery
9.10.3 Engineering Machinery
9.10.4 Automotive Parts
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bi-Metallic Composite Bearings Analysis and Forecast
10.1 Introduction
10.2 Europe Bi-Metallic Composite Bearings Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bi-Metallic Composite Bearings Market Size Forecast by Type
10.6.1 Steel + Lead Bronze Powder
10.6.2 Steel + Lead-free Bronze Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bi-Metallic Composite Bearings Market Size Forecast by Applications
10.10.1 Agricultural machinery
10.10.2 Construction machinery
10.10.3 Engineering Machinery
10.10.4 Automotive Parts
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bi-Metallic Composite Bearings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bi-Metallic Composite Bearings Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bi-Metallic Composite Bearings Market Size Forecast by Type
11.6.1 Steel + Lead Bronze Powder
11.6.2 Steel + Lead-free Bronze Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bi-Metallic Composite Bearings Market Size Forecast by Applications
11.10.1 Agricultural machinery
11.10.2 Construction machinery
11.10.3 Engineering Machinery
11.10.4 Automotive Parts
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bi-Metallic Composite Bearings Analysis and Forecast
12.1 Introduction
12.2 Latin America Bi-Metallic Composite Bearings Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bi-Metallic Composite Bearings Market Size Forecast by Type
12.6.1 Steel + Lead Bronze Powder
12.6.2 Steel + Lead-free Bronze Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bi-Metallic Composite Bearings Market Size Forecast by Applications
12.10.1 Agricultural machinery
12.10.2 Construction machinery
12.10.3 Engineering Machinery
12.10.4 Automotive Parts
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bi-Metallic Composite Bearings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bi-Metallic Composite Bearings Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bi-Metallic Composite Bearings Market Size Forecast by Type
13.6.1 Steel + Lead Bronze Powder
13.6.2 Steel + Lead-free Bronze Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bi-Metallic Composite Bearings Market Size Forecast by Applications
13.10.1 Agricultural machinery
13.10.2 Construction machinery
13.10.3 Engineering Machinery
13.10.4 Automotive Parts
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bi-Metallic Composite Bearings Market: Competitive Dashboard
14.2 Global Bi-Metallic Composite Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Jiashan Hengxing Oil-Bearing Plant
14.3.2 Zhejiang SF Oilless Bearing
14.3.3 AMK Metallurgical Machinery Group
14.3.4 Zhejiang TOP Bearings
14.3.5 Zhejiang Fengli
14.3.6 Jiangsu Juli Bearings
14.3.7 Jiashan Anchi Bearing Manufacturing
14.3.8 GGB
14.3.9 Oiles
14.3.10 Rheinmetall Automotive AG (Kolbenschmidt)
14.3.11 CSB (Zhejiang Changsheng Sliding Bearing)
14.3.12 COB Bearing
14.3.13 Jiashan Tianda Self Lubricating Bearing
