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.
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
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
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:
Types
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.
Applications
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:
- SKF
- Helwig Carbon
- Runfeng Electrical Carbon
- ST Marys Carbon
- Schunk
- Zhongchao Carbon
- Roc Carbon
- National Bronze
- Usg Gledco
Highlights of The Graphite Bearing 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:
- Radial Bearing
- Axial Bearing
- By Application:
- Chemical
- Heavy Industry
- Petrochemical
- Food Processing
- Aerospace
- Automotive
- Reactor
- 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 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
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?
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
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Helwig Carbon
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Runfeng Electrical Carbon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ST Marys Carbon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Schunk
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhongchao Carbon
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Roc Carbon
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. National Bronze
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Usg Gledco
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook