Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Graphite Bearing Market by Type (Radial Bearing, Axial Bearing), By Application (Chemical, Heavy Industry, Petrochemical, Food Processing, Aerospace, Automotive, Reactor) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Graphite Bearing Market by Type (Radial Bearing, Axial Bearing), By Application (Chemical, Heavy Industry, Petrochemical, Food Processing, Aerospace, Automotive, Reactor) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 139039 3300 Machinery & Equipment 377 237 Pages 4.7 (36)

Market Overview:

The global graphite bearing 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 graphite bearings from various end-use industries, such as chemical, heavy industry, petrochemical, food processing, aerospace, automotive and reactor. In terms of type, the radial bearing segment is expected to hold a major share of the global graphite bearing market during the forecast period. This can be attributed to its high performance and durability as compared to other types of bearings.

Global Graphite Bearing Industry Outlook

Product Definition:

A graphite bearing is a type of bearing that uses graphite as the main lubricant. The primary benefit of using a graphite bearing is its ability to provide an extremely low coefficient of friction, which can result in increased efficiency and longer life for the bearing. Additionally, because graphite is non-toxic and non-conductive, it can be used in applications where other lubricants may not be suitable.

Radial Bearing:

Radial bearings are used in rolling elements to ensure smooth operation. They are also used in rotating machines and equipment such as cranes, wind turbines, etc. Radial bearings have several advantages over their counterparts including low maintenance requirements and high tolerance levels which increases the longevity of the product.

The market for radial bearing is expected to grow at a higher CAGR owing to its increasing demand across various end-use industries including automotive, construction & mining equipment sectors.

Axial Bearing:

Axial bearing is a type of rolling bearing that has an inner race or raceway and an outer race or raceway. The races are concentric with each other and the motion of the rolling element between them causes the Raceways to move in Response to Axial Motion.

Application Insights:

The chemical industry dominated the global graphite bearing market in terms of revenue share in 2017. The segment is expected to witness significant growth over the forecast period owing to its rising application scope in various industries such as pharmaceutical, food processing, and chemical manufacturing. Chemical industry accounted for more than 25% of total market volume in 2017 and is projected to grow at a CAGR exceeding 6% from 2018 to 2030.

Rapid industrialization & urbanization coupled with increasing population has led to an increase in the demand for housing structures & buildings which has resulted into an increased demand for construction materials including steel & aluminum alloys, glass fiber reinforced plastics (GFRP), concrete etc., This factor along with growing infrastructure spending globally will drive product demand over the forecast period.

Regional Analysis:

Asia Pacific dominated the global market in 2017 and accounted for a revenue share of over 45%. The region is expected to continue its dominance over the forecast period. This can be attributed to increasing industrialization, rapid growth of end-use industries, availability of low-cost labor, and high demand from major manufacturers in this region.

The chemical industry is one of the significant sectors that use graphite as a raw material. The growing production base for chemicals including polymers in China owing to favorable government policies such as “Made In China” initiative coupled with rising investments by foreign companies such as Dow Chemical Company has led to an increase in consumption levels within Asia Pacific.

North America was another prominent regional segment accounting for close to 20% market share on account both volume and revenue basis. Growing emphasis on nuclear power plant construction along with stringent regulations laid down by U.

Growth Factors:

  • Increasing demand from the automotive and aerospace industries for high-performance bearings
  • Growing popularity of electric vehicles, which require more efficient and durable bearings
  • Rising demand for graphene-based products that can improve the performance of graphite bearings
  • Growing investment in research and development to develop new applications for graphite bearings
  • increasing awareness about the benefits of using graphite bearings over traditional metal or ceramic bearings

Scope Of The Report

Report Attributes

Report Details

Report Title

Graphite Bearing Market Research Report

By Type

Radial Bearing, Axial Bearing

By Application

Chemical, Heavy Industry, Petrochemical, Food Processing, Aerospace, Automotive, Reactor

By Companies

SKF, Helwig Carbon, Runfeng Electrical Carbon, ST Marys Carbon, Schunk, Zhongchao Carbon, Roc Carbon, National Bronze, Usg Gledco

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Graphite Bearing Market Report Segments:

The global Graphite Bearing market is segmented on the basis of:


Radial Bearing, Axial Bearing

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.


Chemical, Heavy Industry, Petrochemical, Food Processing, Aerospace, Automotive, Reactor

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:

  1. SKF
  2. Helwig Carbon
  3. Runfeng Electrical Carbon
  4. ST Marys Carbon
  5. Schunk
  6. Zhongchao Carbon
  7. Roc Carbon
  8. National Bronze
  9. Usg Gledco

Global Graphite Bearing Market Overview

Highlights of The Graphite Bearing Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Radial Bearing
    2. Axial Bearing
  1. By Application:

    1. Chemical
    2. Heavy Industry
    3. Petrochemical
    4. Food Processing
    5. Aerospace
    6. Automotive
    7. Reactor
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Graphite Bearing 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

Global Graphite Bearing Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Graphite bearings are a type of bearing that use a carbon-fiber composite as the inner race. The composite material is designed to reduce friction and increase durability, making graphite bearings one of the most reliable types of bearings available.

Some of the major companies in the graphite bearing market are SKF, Helwig Carbon, Runfeng Electrical Carbon, ST Marys Carbon, Schunk, Zhongchao Carbon, Roc Carbon, National Bronze, Usg Gledco.

The graphite bearing market is expected to grow at a compound annual growth rate of 5.5%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Graphite Bearing Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Graphite Bearing Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Graphite Bearing Market - Supply Chain
   4.5. Global Graphite Bearing Market Forecast
      4.5.1. Graphite Bearing Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Graphite Bearing Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Graphite Bearing Market Absolute $ Opportunity

5. Global Graphite Bearing Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Graphite Bearing Market Size and Volume Forecast by Type
      5.3.1. Radial Bearing
      5.3.2. Axial Bearing
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Graphite Bearing Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Graphite Bearing Market Size and Volume Forecast by Application
      6.3.1. Chemical
      6.3.2. Heavy Industry
      6.3.3. Petrochemical
      6.3.4. Food Processing
      6.3.5. Aerospace
      6.3.6. Automotive
      6.3.7. Reactor
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Graphite Bearing Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Graphite Bearing Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Graphite Bearing Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Graphite Bearing Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Graphite Bearing Demand Share Forecast, 2019-2029

9. North America Graphite Bearing Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Graphite Bearing Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Graphite Bearing Market Size and Volume Forecast by Application
      9.4.1. Chemical
      9.4.2. Heavy Industry
      9.4.3. Petrochemical
      9.4.4. Food Processing
      9.4.5. Aerospace
      9.4.6. Automotive
      9.4.7. Reactor
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Graphite Bearing Market Size and Volume Forecast by Type
      9.7.1. Radial Bearing
      9.7.2. Axial Bearing
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Graphite Bearing Demand Share Forecast, 2019-2029

10. Latin America Graphite Bearing Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Graphite Bearing Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Graphite Bearing Market Size and Volume Forecast by Application
      10.4.1. Chemical
      10.4.2. Heavy Industry
      10.4.3. Petrochemical
      10.4.4. Food Processing
      10.4.5. Aerospace
      10.4.6. Automotive
      10.4.7. Reactor
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Graphite Bearing Market Size and Volume Forecast by Type
      10.7.1. Radial Bearing
      10.7.2. Axial Bearing
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Graphite Bearing Demand Share Forecast, 2019-2029

11. Europe Graphite Bearing Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Graphite Bearing Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Graphite Bearing Market Size and Volume Forecast by Application
      11.4.1. Chemical
      11.4.2. Heavy Industry
      11.4.3. Petrochemical
      11.4.4. Food Processing
      11.4.5. Aerospace
      11.4.6. Automotive
      11.4.7. Reactor
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Graphite Bearing Market Size and Volume Forecast by Type
      11.7.1. Radial Bearing
      11.7.2. Axial Bearing
   11.8. Basis Point Share (BPS) Analysi by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Graphite Bearing Demand Share, 2019-2029

12. Asia Pacific Graphite Bearing Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Graphite Bearing Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Graphite Bearing Market Size and Volume Forecast by Application
      12.4.1. Chemical
      12.4.2. Heavy Industry
      12.4.3. Petrochemical
      12.4.4. Food Processing
      12.4.5. Aerospace
      12.4.6. Automotive
      12.4.7. Reactor
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Graphite Bearing Market Size and Volume Forecast by Type
      12.7.1. Radial Bearing
      12.7.2. Axial Bearing
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Graphite Bearing Demand Share, 2019-2029

13. Middle East & Africa Graphite Bearing Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Graphite Bearing Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Graphite Bearing Market Size and Volume Forecast by Application
      13.4.1. Chemical
      13.4.2. Heavy Industry
      13.4.3. Petrochemical
      13.4.4. Food Processing
      13.4.5. Aerospace
      13.4.6. Automotive
      13.4.7. Reactor
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Graphite Bearing Market Size and Volume Forecast by Type
      13.7.1. Radial Bearing
      13.7.2. Axial Bearing
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Graphite Bearing Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Graphite Bearing Market: Market Share Analysis
   14.2. Graphite Bearing Distributors and Customers
   14.3. Graphite Bearing Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. SKF Overview Financials Developments Strategic Outlook
      14.4.2. Helwig Carbon Overview Financials Developments Strategic Outlook
      14.4.3. Runfeng Electrical Carbon Overview Financials Developments Strategic Outlook
      14.4.4. ST Marys Carbon Overview Financials Developments Strategic Outlook
      14.4.5. Schunk Overview Financials Developments Strategic Outlook
      14.4.6. Zhongchao Carbon Overview Financials Developments Strategic Outlook
      14.4.7. Roc Carbon Overview Financials Developments Strategic Outlook
      14.4.8. National Bronze Overview Financials Developments Strategic Outlook
      14.4.9. Usg Gledco Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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