Bearing Isolators Market worth USD 1.67 Billion by 2022, registering a CAGR of 5.7%


Posted September 26, 2018 by armaan007

Bearing Isolators Market Global Industry Growth, Size, Trends, Insights and 2022 Forecast

 
Global Bearing Isolators Market is projected to grow up to USD 1.67 Billion by 2022, at a CAGR of 5.7% from 2017 to 2022. Rising awareness about the advantages offered by bearing isolators and their growing demand from end-use industries such as oil & gas, chemical processing, mining, paper & pulp, manufacturing & processing, etc., are leading the bearing isolators market.

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Based on material type, metallic is expected to be the fastest-growing segment of the bearing isolators market during the forecast period. The growing demand for metallic bearing isolators from the oil & gas and chemical industries is one of the key factor fueling the growth of the bearing isolators market globally.

Oil & gas, chemical processing, mining, paper & pulp, metal processing, and manufacturing & processing are some of the key end-use industries of bearing isolators. Oil & gas is expected to be the fastest-growing end-use industry segment of the bearing isolators market. The chemical processing segment is expected to be the second-largest end-use industry segment.

Browse 121 market data Tables and 30 Figures spread through 131 Pages and in-depth TOC on "Bearing Isolators Market"

Key companies operational in the Bearing Isolators Market are Inpro/Seal (US), The Timken Company (US), Aesseal (UK), Parker Hannifin (US), Flowserve Corporation (US), Garlock Sealing Technologies (US), John Crane (US), Baldor Electric Company, Inc., (US), Elliott Group (US), Advance Sealing International (US), Beacon Gasket & Seals Co. (US), and IsoMag Corporation (US), etc.

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For more details: https://www.prnewswire.com/news-releases/bearing-isolators-market-worth-167-billion-usd-by-2022-664955283.html

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Issued By Marketsandmarkets
Country India
Categories Automotive , Industry , Manufacturing
Tags bearing isolators , bearing isolators applications , bearing isolators industry , bearing isolators manufacturers , bearing isolators market
Last Updated September 26, 2018