Market Overview:
The global elastomeric bearings market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for elastomeric bearings in bridge construction, building construction, heavy industry, and other applications. Elastomeric bearings are used in various applications owing to their properties such as high load bearing capacity, low noise generation, and vibration damping. These bearings are also resistant to corrosion and abrasion.
Product Definition:
Elastomeric bearings are a type of bearing that uses elastomers as the bearing material. Elastomers are materials that have been specifically designed to be able to deform and return to their original shape. This makes them ideal for use in bearings, as they can absorb shocks and vibrations without damage.
Non-Reinforced Design:
Non-reinforced design is a method of manufacturing bearings wherein the outer race of the bearing is not restrained by any metal or ceramic material. The growth factor in non-reinforced design elastomeric bearings market can be attributed to factors such as low cost, high performance, and easy maintenance. Non reinforced designs are primarily used in applications that require light loads and where corrosion resistance is not an issue.
Laminated Design:
Laminated design is a method of improving the performance and reliability of mechanical systems by adding additional layers between two or more substrates. In elastomeric bearings, one or more internal laminate(s) can be added to provide additional seals, load carrying capacity, and/or lubrication in the event of a breach in the main seal. The primary function performed by elastomeric bearings is to support heavy loads at minimum movement distance without causing any damage to other components.
Application Insights:
The global demand for bearings has witnessed a paradigm shift due to the growing need for infrastructure development. The heavy industry segment dominated the overall market in terms of revenue share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing industrialization, primarily in developing countries like China, India and Brazil.
Building construction was the second-largest application segment accounting for 19% of total revenue share in 2017 owing to an increase in residential & commercial building projects across various regions including Asia Pacific and Middle East & Africa on account of rising disposable income levels coupled with population growth rates have increased significantly over recent years which is likely to boost product demand over next eight years or so.
Regional Analysis:
The Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to some of the major end-use industries such as machinery, oil & gas, construction, and aerospace. These end-use industries are highly dependent on machinery for production processes which results in high demand for elastomeric bearings.
China has been witnessing strong economic growth over the past few years owing to rapid industrialization and urbanization coupled with increasing foreign investments in various sectors such as infrastructure development and manufacturing industry. Growing population along with rising living standards have resulted in increased consumer spending on household appliances including refrigerators, washing machines, dishwashers etc., thereby driving product demand across various applications from residential buildings to heavy industry equipment plant flooring systems etc.
Growth Factors:
- Increasing demand from the automotive industry: The global automotive industry is expected to grow at a CAGR of 4.5% during the forecast period, which is expected to drive the demand for elastomeric bearings.
- Growing demand for lightweight and energy-efficient components: Elastomeric bearings are lightweight and offer better energy efficiency as compared to traditional bearings, which is driving their adoption in various industries.
- Rising popularity of electric vehicles: Electric vehicles are becoming increasingly popular due to their low emissions and fuel efficiency, which is expected to drive the growth of elastomeric bearings market in the coming years.
- Technological advancements: The development of new technologies such as 3D printing has led to the introduction of innovative elastomeric bearing designs that offer better performance and durability than traditional bearings, thereby boosting market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Elastomeric Bearings Market Research Report
By Type
Non-Reinforced Design, Laminated Design, Sliding Design, Others
By Application
Bridge Construction, Building Construction, Heavy Industry, Others
By Companies
Trelleborg, ARFEN, Freyssinet, D.S. Brown, Cosmec, Canam Group Inc, BRP Manufacturing, Scougal Rubber, Redwood Plastics, MAURER, Hengshui JingTong Rubber, CON-SERV, USL Group (Pitchmastic), Denver Rubber Company, Granor, Beta Trade and Technical, Doshin Rubber Products, Zaoqiang Dacheng Rubber
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Elastomeric Bearings Market Report Segments:
The global Elastomeric Bearings market is segmented on the basis of:
Types
Non-Reinforced Design, Laminated Design, Sliding Design, Others
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
Bridge Construction, Building Construction, Heavy Industry, 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:
- Trelleborg
- ARFEN
- Freyssinet
- D.S. Brown
- Cosmec
- Canam Group Inc
- BRP Manufacturing
- Scougal Rubber
- Redwood Plastics
- MAURER
- Hengshui JingTong Rubber
- CON-SERV
- USL Group (Pitchmastic)
- Denver Rubber Company
- Granor
- Beta Trade and Technical
- Doshin Rubber Products
- Zaoqiang Dacheng Rubber
Highlights of The Elastomeric 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:
- Non-Reinforced Design
- Laminated Design
- Sliding Design
- Others
- By Application:
- Bridge Construction
- Building Construction
- Heavy Industry
- 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 Elastomeric 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Elastomeric bearings are a type of bearing that use elastomeric materials to provide cushioning and friction reduction. This makes them ideal for applications where high speeds or heavy loads are common, such as in motors and pumps.
Some of the major companies in the elastomeric bearings market are Trelleborg, ARFEN, Freyssinet, D.S. Brown, Cosmec, Canam Group Inc, BRP Manufacturing, Scougal Rubber, Redwood Plastics, MAURER, Hengshui JingTong Rubber, CON-SERV, USL Group (Pitchmastic), Denver Rubber Company, Granor, Beta Trade and Technical, Doshin Rubber Products, Zaoqiang Dacheng Rubber.
The elastomeric bearings market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Elastomeric 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 Elastomeric Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Elastomeric 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 Elastomeric 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 Elastomeric Bearings Market Size & Forecast, 2018-2028
4.5.1 Elastomeric Bearings Market Size and Y-o-Y Growth
4.5.2 Elastomeric Bearings Market Absolute $ Opportunity
Chapter 5 Global Elastomeric 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 Elastomeric Bearings Market Size Forecast by Type
5.2.1 Non-Reinforced Design
5.2.2 Laminated Design
5.2.3 Sliding Design
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Elastomeric 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 Elastomeric Bearings Market Size Forecast by Applications
6.2.1 Bridge Construction
6.2.2 Building Construction
6.2.3 Heavy Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Elastomeric 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 Elastomeric 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 Elastomeric Bearings Analysis and Forecast
9.1 Introduction
9.2 North America Elastomeric 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 Elastomeric Bearings Market Size Forecast by Type
9.6.1 Non-Reinforced Design
9.6.2 Laminated Design
9.6.3 Sliding Design
9.6.4 Others
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 Elastomeric Bearings Market Size Forecast by Applications
9.10.1 Bridge Construction
9.10.2 Building Construction
9.10.3 Heavy Industry
9.10.4 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 Elastomeric Bearings Analysis and Forecast
10.1 Introduction
10.2 Europe Elastomeric 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 Elastomeric Bearings Market Size Forecast by Type
10.6.1 Non-Reinforced Design
10.6.2 Laminated Design
10.6.3 Sliding Design
10.6.4 Others
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 Elastomeric Bearings Market Size Forecast by Applications
10.10.1 Bridge Construction
10.10.2 Building Construction
10.10.3 Heavy Industry
10.10.4 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 Elastomeric Bearings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Elastomeric 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 Elastomeric Bearings Market Size Forecast by Type
11.6.1 Non-Reinforced Design
11.6.2 Laminated Design
11.6.3 Sliding Design
11.6.4 Others
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 Elastomeric Bearings Market Size Forecast by Applications
11.10.1 Bridge Construction
11.10.2 Building Construction
11.10.3 Heavy Industry
11.10.4 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 Elastomeric Bearings Analysis and Forecast
12.1 Introduction
12.2 Latin America Elastomeric 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 Elastomeric Bearings Market Size Forecast by Type
12.6.1 Non-Reinforced Design
12.6.2 Laminated Design
12.6.3 Sliding Design
12.6.4 Others
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 Elastomeric Bearings Market Size Forecast by Applications
12.10.1 Bridge Construction
12.10.2 Building Construction
12.10.3 Heavy Industry
12.10.4 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) Elastomeric Bearings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Elastomeric 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) Elastomeric Bearings Market Size Forecast by Type
13.6.1 Non-Reinforced Design
13.6.2 Laminated Design
13.6.3 Sliding Design
13.6.4 Others
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) Elastomeric Bearings Market Size Forecast by Applications
13.10.1 Bridge Construction
13.10.2 Building Construction
13.10.3 Heavy Industry
13.10.4 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 Elastomeric Bearings Market: Competitive Dashboard
14.2 Global Elastomeric Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Trelleborg
14.3.2 ARFEN
14.3.3 Freyssinet
14.3.4 D.S. Brown
14.3.5 Cosmec
14.3.6 Canam Group Inc
14.3.7 BRP Manufacturing
14.3.8 Scougal Rubber
14.3.9 Redwood Plastics
14.3.10 MAURER
14.3.11 Hengshui JingTong Rubber
14.3.12 CON-SERV
14.3.13 USL Group (Pitchmastic)
14.3.14 Denver Rubber Company
14.3.15 Granor
14.3.16 Beta Trade and Technical
14.3.17 Doshin Rubber Products
14.3.18 Zaoqiang Dacheng Rubber
