This report covers Composite Bearings Market which exhibits self-lubricating property. The global composite bearings market is projected to reach USD 5.04 Billion by 2021, at a CAGR of 7.88%, from 2016 to 2021.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=241142853

Superior mechanical properties leading to a long product life with low maintenance costs, and the increasing use of composite bearings in demanding applications are the key factors responsible for the growth of the composite bearings market.

The composite bearings market, by product type, is further segmented into metal matrix and fiber matrix. The metal matrix based composite bearings comprise a major market share owing to their high strength, operational stability in harsh environments and moderate cost. Due to these properties, metal matrix based composite bearings are used in applications including construction & mining, agriculture and automotive, and others.

The major applications in the composite bearings market include construction & mining, automotive, agriculture, aerospace, marine, and others. The agriculture application is the fastest growing application in the composite bearings market. Composite bearings offer various features including being light in weight, dimensional stability and resistance against corrosion, and operational stability at high temperatures in comparison to traditional materials such as single metal bearings, due to which, the usage of composite bearings in the marine, construction & mining and aerospace industries is growing at a high rate.

Direct Purchase @ https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=241142853

North America is expected to be the fastest-growing market for composite bearings during the next five years. The main factors that are leading to its growth are, the increasing demand from the construction & mining and automotive industries. The various equipment used in the construction & mining industries utilize these advanced bearings as these provide operational stability in harsh environments leading to increased product life, efficiency of the equipment, and low maintenance cost.

The global composite bearings market is rapidly growing, in terms of value. However, a few factors act as restraints in its growth in the global composite bearings market. The high raw material and production cost, and stiff competition from single metal bearings are major restraints in the growth of the global composite bearings market.

Companies such as Schaeffler Group (Germany), Saint Gobain (France), Trelleborg Group (Sweden), RBC Bearings Incorporated (U.S.), Rexnord Corporation (U.S.), Polygon Company (U.S.), HyComp LLC (U.S.), Tiodize Co., Inc. (U.S.), TriStar Plastic Corp. (U.S.), Spaulding Composites (U.S.), and others are the leading market players in the global composite bearings market. They have been adopting various organic and inorganic growth strategies such as agreements, new product launches, acquisitions and expansions to enhance their shares in the global composite bearings market.

List of Figures (46 Figures)
Figure 1 Self-Lubricating Composite Bearings: Market Segmentation
Figure 2 Years Considered for the Study
Figure 3 Self-Lubricating Composite Bearings Market: Research Design
Figure 4 Breakdown of Primary Interviews
Figure 5 Bottom-Up Approach
Figure 6 Top-Down Approach
Figure 7 Self-Lubricating Composite Bearings: Data Triangulation

Inquire before buy @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=241142853

About MarketsandMarkets:
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Sagalkar
Markets and Markets
Tower No - B5
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]