Market Overview:
The global polymer coated 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 polymer coated bearings from the automotive industry, owing to their superior performance as compared to traditional bearings. In terms of type, the global polymer coated bearings market is segmented into aluminium alloys bearing, bronze bearing and other types. Among these, aluminium alloys bearing are expected to witness highest growth during the forecast period due to their properties such as high strength-to-weight ratio and corrosion resistance. In terms of application, light vehicles are expected to account for majority share in the global polymer coated bearings market during the forecast period followed by heavy-duty vehicles.
Product Definition:
Polymer coated bearings are bearings that have been treated with a polymer, usually a type of plastic. This treatment helps to protect the bearing from corrosion and wear, which can cause damage over time. Polymer coated bearings are important because they help to extend the life of the bearing and keep it in working condition for longer periods of time.
Aluminium Alloys Bearing:
Aluminium alloys bearing is a group of high-performance bearings that are made from aluminum and steel. The materials used in these products depends on the application for which they are designed. For example, deep Groove Ball Bearing (DGB) is generally constructed using an alloy of copper, zinc, and nickel with a small percentage of magnesium added to increase stability at high temperatures.
Bronze Bearing:
bronze bearing is a type of bearings with two metal races, which are pressed into the outer race and an inner race made of low friction material. The outer ring holds the rolling element and the inner ring rides on an abutment or contact surface. The shape of bronze bearing varies from round to elongated ovate depending upon its application in various industries such as aerospace, automotive, construction equipment etc.
Application Insights:
The light vehicle application segment accounted for the largest revenue share of over 70% in 2017. The growth can be attributed to the increasing production of passenger cars and commercial vehicles, especially in China, India and South Korea. In addition, stringent regulations on reducing vehicular weight are expected to augment demand for polymer coated products over the forecast period.
The heavy-duty vehicle application segment is projected register a CAGR of XX% from 2018 to 2030 owing to an increase in industrialization and construction activities across developing countries such as China, India Indonesia Malaysia Philippines Singapore Thailand Vietnam etc., Also referred to as ¢â‚¬Å“Tractor-Trailers¢â‚¬ these types of vehicles have higher power requirements and require high performance bearings that are capable of withstanding extreme conditions such as temperature & pressure without wearing out or breaking down.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing industrialization and rising living standards, which have triggered consumer demand for vehicles with improved performance and efficiency. Moreover, growing infrastructure development activities are projected to fuel product demand further over the coming years.
The European polymer coated bearing industry is estimated to witness considerable growth during the forecast period owing to a rise in investments for construction machinery coupled with an increase in energy sector automation projects across several countries such as Germany, Italy and France among others will drive industry expansion over next six years - 2030 - 2030).
Growth Factors:
- Increasing demand from the automotive industry: The global polymer coated bearings market is expected to grow at a CAGR of 5.5% during the forecast period. The growth of the automotive industry is one of the major factors driving the demand for polymer coated bearings. Polymer coatings offer superior performance in terms of wear and corrosion resistance as compared to conventional coatings, which is why they are increasingly being used in automotive applications.
- Growing demand for lightweight components: With stringent fuel emission norms being implemented across various countries, there is an increasing focus on developing lightweight components for vehicles. Polymer coated bearings are ideal for this application as they help reduce weight while providing superior performance characteristics.
- Rising popularity of electric vehicles: Electric vehicles are becoming increasingly popular due to their low emissions and environmental friendliness. This is likely to drive the growth of the global polymer coated bearings market in coming years as these bearings find extensive use in electric vehicles owing to their high efficiency and durability properties..
Scope Of The Report
Report Attributes
Report Details
Report Title
Polymer Coated Bearings Market Research Report
By Type
Aluminium Alloys Bearing, Bronze Bearing, Other
By Application
Light Vehicle, Heavy-Duty Vehicle
By Companies
Tenneco, King Engine Bearings, MAHLE, SKF, Calico Coatings, Carter Bearings, Tenneco
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Polymer Coated Bearings Market Report Segments:
The global Polymer Coated Bearings market is segmented on the basis of:
Types
Aluminium Alloys Bearing, Bronze Bearing, Other
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
Light Vehicle, Heavy-Duty Vehicle
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:
- Tenneco
- King Engine Bearings
- MAHLE
- SKF
- Calico Coatings
- Carter Bearings
- Tenneco
Highlights of The Polymer Coated 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:
- Aluminium Alloys Bearing
- Bronze Bearing
- Other
- By Application:
- Light Vehicle
- Heavy-Duty Vehicle
- 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 Polymer Coated 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?
Polymer coated bearings are a type of bearing that is coated with a polymer material. This coating helps to reduce friction and wear between the bearing and the shaft, which can lead to longer lasting bearings.
Some of the key players operating in the polymer coated bearings market are Tenneco, King Engine Bearings, MAHLE, SKF, Calico Coatings, Carter Bearings, Tenneco.
The polymer coated 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 Polymer Coated 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 Polymer Coated Bearings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polymer Coated 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 Polymer Coated 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 Polymer Coated Bearings Market Size & Forecast, 2018-2028
4.5.1 Polymer Coated Bearings Market Size and Y-o-Y Growth
4.5.2 Polymer Coated Bearings Market Absolute $ Opportunity
Chapter 5 Global Polymer Coated 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 Polymer Coated Bearings Market Size Forecast by Type
5.2.1 Aluminium Alloys Bearing
5.2.2 Bronze Bearing
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Polymer Coated 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 Polymer Coated Bearings Market Size Forecast by Applications
6.2.1 Light Vehicle
6.2.2 Heavy-Duty Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polymer Coated 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 Polymer Coated 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 Polymer Coated Bearings Analysis and Forecast
9.1 Introduction
9.2 North America Polymer Coated 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 Polymer Coated Bearings Market Size Forecast by Type
9.6.1 Aluminium Alloys Bearing
9.6.2 Bronze Bearing
9.6.3 Other
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 Polymer Coated Bearings Market Size Forecast by Applications
9.10.1 Light Vehicle
9.10.2 Heavy-Duty Vehicle
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 Polymer Coated Bearings Analysis and Forecast
10.1 Introduction
10.2 Europe Polymer Coated 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 Polymer Coated Bearings Market Size Forecast by Type
10.6.1 Aluminium Alloys Bearing
10.6.2 Bronze Bearing
10.6.3 Other
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 Polymer Coated Bearings Market Size Forecast by Applications
10.10.1 Light Vehicle
10.10.2 Heavy-Duty Vehicle
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 Polymer Coated Bearings Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Polymer Coated 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 Polymer Coated Bearings Market Size Forecast by Type
11.6.1 Aluminium Alloys Bearing
11.6.2 Bronze Bearing
11.6.3 Other
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 Polymer Coated Bearings Market Size Forecast by Applications
11.10.1 Light Vehicle
11.10.2 Heavy-Duty Vehicle
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 Polymer Coated Bearings Analysis and Forecast
12.1 Introduction
12.2 Latin America Polymer Coated 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 Polymer Coated Bearings Market Size Forecast by Type
12.6.1 Aluminium Alloys Bearing
12.6.2 Bronze Bearing
12.6.3 Other
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 Polymer Coated Bearings Market Size Forecast by Applications
12.10.1 Light Vehicle
12.10.2 Heavy-Duty Vehicle
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) Polymer Coated Bearings Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Polymer Coated 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) Polymer Coated Bearings Market Size Forecast by Type
13.6.1 Aluminium Alloys Bearing
13.6.2 Bronze Bearing
13.6.3 Other
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) Polymer Coated Bearings Market Size Forecast by Applications
13.10.1 Light Vehicle
13.10.2 Heavy-Duty Vehicle
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 Polymer Coated Bearings Market: Competitive Dashboard
14.2 Global Polymer Coated Bearings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tenneco
14.3.2 King Engine Bearings
14.3.3 MAHLE
14.3.4 SKF
14.3.5 Calico Coatings
14.3.6 Carter Bearings
14.3.7 Tenneco
