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Polymer Bearing Market - Global Industry Analysis

Polymer Bearing Market By Material Type (Acetal, Phenolics, Teflon, Nylon, Ultra High Molecular Weight Polyethylene (UHMWPE) and Others), By End Use Industry (Automobile, Textile, Packaging, Elevator, Food, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 15-Jul-2021 Category: Chemical & Materials Report Format : PDF Pages: 150 Report Code: ZMR-1613 Status : Published

The global polymer bearing market accounted for USD 7344 Million in 2020 and is expected to reach USD 10406 Million by 2028, growing at a CAGR of 4.6% from 2021 to 2028.

Description

Market Overview

The global polymer bearing market accounted for USD 7344 Million in 2020 and is expected to reach USD 10406 Million by 2028, growing at a CAGR of 4.6% from 2021 to 2028.

A polymer bearing is employed in a machine or micro mechanism to aid rotational motion, in this case at least one out of the two rubbing components which aid the rotational motion is composed of polymer. Polymer bearings are less expensive than metal bearings, making them a more desirable choice. The market is growing due to rising demand from the automotive industry and expanding applications in end-use industries such as packaging, textiles, packaging and food. Technological advancements and significant investments in research and development processes will give an opportunity to fuel market expansion.

COVID-19 Impact Analysis

Due to lockdowns, travel bans, and business closures, the COVID-19 pandemic has impacted economies and sectors in a number of nations. The automobile sector in particular experienced severe disruptions, including hold on technological advancements plans, supply chain breakdowns, and workplace closures. This resulted in reduced demand for the polymer bearings as they find maximum application in this sector.

With the presence of major raw material distributors for various industries like packaging, textiles, China is the global industrial powerhouse. Due to factory closures, supply chain obstacles, and the global economic crisis, the overall market breakdown caused by COVID-19 is also impacting the growth of the Polymer Bearing market.

Growth Factors

The polymer bearings market is projected to grow in response to rising demand from the automobile industry because of their many characteristics such as excellent corrosion resistance, fatigue resistance and lubricant-free nature.

Apart from automobile sector, textile processing, chemical processing, electronic products, elevators, are just a few of the areas where polymer bearings find their application. Polymer bearings are available in a variety of kinds, making them ideal for a wide range of applications in a variety of sectors, which is likely to boost demand for the polymer bearing market.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Material Segment Analysis Preview

Phenolics material segment held a share of around 30% in 2020. This is attributable to the increased demand for phenolic polymer bearings from various end-use sectors such as automotive, food packaging, electronics and textiles. They also provide excellent strength and stress resistance, as well as resistance to acid, alkali and water solutions. Self-lubricating phenolic polymeric materials are used to replace metal bearings in a variety of applications. They are important for providing the appropriate amount of cooling and clearance in severely loaded systems. As a result of the aforementioned characteristics, the phenolic material type dominated the market.

End Use Industry Segment Analysis Preview

Automobile segment will grow at a CAGR of over XX% from 2021 to 2028. This is attributable to fact that their lightweight, low maintenance, lubrication-free, corrosion and chemical resistance, and high wear and tear resistance, polymer bearings are widely utilised in the automotive industry. Polymer bearings are used in belt tensioners, centre armrests, pedal systems, gear actuators, steering systems, stub axels, and seating systems in this industry.

Due to tight government requirements on energy consumption, gas emissions, waste disposal, and other factors, automakers are focusing on every feasible option to reduce the weight of cars and their component parts. Polymer bearings are a potential replacement for metal bearings in the automobile industry since they are 70 percent to 80 percent lighter.

Regional Analysis Preview

The European region held a share of over 20 % in 2020. This is attributable to the presence of top automobile companies such as Mercedes-Benz, BMW, Audi and Porsche among others. The increasing application of polymer bearing in the automobile sector is expected to generate huge demand for the market in this region.

The Asia Pacific region is projected to grow at a CAGR of around 4% over the forecast period. This surge is due to the large manufacturing and consumer nations like as India and China, the Asia-Pacific region dominates the polymer bearing market. China has the largest share of the polymer bearing market, followed by India and Japan, and is anticipated to be a key consumer during the forecast period. The demand for polymer bearing in this area is from different end-use sectors such as automotive, food processing, textile, packaging, chemical and medical.

Key Market Players & Competitive Landscape

Some of key players in polymer bearing market are SKF, IGUS Inc., BNL Ltd., Dotmar Engineering Plastic Products, Boston Gear LLC, Oiles Corporation, Saint-Gobain S.A., Kms Bearings, Inc., Kilian Manufacturing and Kashima Bearings, Inc. among others. 

Key Players in this market are making significant investments in research and development and technological advancements initiatives to expand the application and resourcefulness of polymer bearings. This will give an opportunity to fuel market expansion.

The Global Polymer Bearing Market is segmented as follows:

By Material

  • Acetal
  • Phenolics
  • Teflon
  • Nylon
  • Ultra High Molecular Weight Polyethylene (UHMWPE)
  • Others

End Use Industry

  • Automobile
  • Textile
  • Packaging
  • Elevator
  • Food
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1 Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2 Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Material
        • 2.1.1.2. Market Attractiveness Analysis, By End Use Industry
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Pulymer Bearing Market Market, 2016 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3 COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4 Pulymer Bearing Market Market – Material Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Material, 2020 & 2028
    • 4.2. Acetal
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Phenulics
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Teflon
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.5. Nylon
      • 4.5.1. Market Size and Forecast, By Region (USD Million)
      • 4.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.6. Ultra High Mulecular Weight Pulyethylene (UHMWPE)
      • 4.6.1. Market Size and Forecast, By Region (USD Million)
      • 4.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.7. Others
      • 4.7.1. Market Size and Forecast, By Region (USD Million)
      • 4.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5 Pulymer Bearing Market Market – End Use Industry Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By End Use Industry, 2020 & 2028
    • 5.2. Automobile
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Textile
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Packaging
      • 5.4.1. Market Size and Forecast, By Region (USD Million)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. Elevator
      • 5.5.1. Market Size and Forecast, By Region (USD Million)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.6. Food
      • 5.6.1. Market Size and Forecast, By Region (USD Million)
      • 5.6.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.6.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.7. Others
      • 5.7.1. Market Size and Forecast, By Region (USD Million)
      • 5.7.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.7.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6 Pulymer Bearing Market Market – Regional Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2016 – 2028 (USD Million)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.2.2. North America Market Revenue, By Material, 2016 – 2028
      • 6.2.3. North America Market Revenue, By End Use Industry, 2016 – 2028
      • 6.2.4. U.S.
        • 6.2.4.1. U.S. Market Revenue, By Material, 2016 – 2028
        • 6.2.4.2. U.S. Market Revenue, By End Use Industry, 2016 – 2028
      • 6.2.5. Canada
        • 6.2.5.1. Canada Market Revenue, By Material, 2016 – 2028
        • 6.2.5.2. Canada Market Revenue, By End Use Industry, 2016 – 2028
      • 6.2.6. Mexico
        • 6.2.6.1. Mexico Market Revenue, By Material, 2016 – 2028
        • 6.2.6.2. Mexico Market Revenue, By End Use Industry, 2016 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.3.2. Europe Market Revenue, By Material, 2016 – 2028
      • 6.3.3. Europe Market Revenue, By End Use Industry, 2016 – 2028
      • 6.3.4. Germany
        • 6.3.4.1. Germany Market Revenue, By Material, 2016 – 2028
        • 6.3.4.2. Germany Market Revenue, By End Use Industry, 2016 – 2028
      • 6.3.5. France
        • 6.3.5.1. France Market Revenue, By Material, 2016 – 2028
        • 6.3.5.2. France Market Revenue, By End Use Industry, 2016 – 2028
      • 6.3.6. U.K.
        • 6.3.6.1. U.K. Market Revenue, By Material, 2016 – 2028
        • 6.3.6.2. U.K. Market Revenue, By End Use Industry, 2016 – 2028
      • 6.3.7. Italy
        • 6.3.7.1. Italy Market Revenue, By Material, 2016 – 2028
        • 6.3.7.2. Italy Market Revenue, By End Use Industry, 2016 – 2028
      • 6.3.8. Spain
        • 6.3.8.1. Spain Market Revenue, By Material, 2016 – 2028
        • 6.3.8.2. Spain Market Revenue, By End Use Industry, 2016 – 2028
      • 6.3.9. Rest of Europe
        • 6.3.9.1. Rest of Europe Market Revenue, By Material, 2016 – 2028
        • 6.3.9.2. Rest of Europe Market Revenue, By End Use Industry, 2016 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.4.2. Asia Pacific Market Revenue, By Material, 2016 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By End Use Industry, 2016 – 2028
      • 6.4.4. China
        • 6.4.4.1. China Market Revenue, By Material, 2016 – 2028
        • 6.4.4.2. China Market Revenue, By End Use Industry, 2016 – 2028
      • 6.4.5. Japan
        • 6.4.5.1. Japan Market Revenue, By Material, 2016 – 2028
        • 6.4.5.2. Japan Market Revenue, By End Use Industry, 2016 – 2028
      • 6.4.6. India
        • 6.4.6.1. India Market Revenue, By Material, 2016 – 2028
        • 6.4.6.2. India Market Revenue, By End Use Industry, 2016 – 2028
      • 6.4.7. South Korea
        • 6.4.7.1. South Korea Market Revenue, By Material, 2016 – 2028
        • 6.4.7.2. South Korea Market Revenue, By End Use Industry, 2016 – 2028
      • 6.4.8. South-East Asia
        • 6.4.8.1. South-East Asia Market Revenue, By Material, 2016 – 2028
        • 6.4.8.2. South-East Asia Market Revenue, By End Use Industry, 2016 – 2028
      • 6.4.9. Rest of Asia Pacific
        • 6.4.9.1. Rest of Asia Pacific Market Revenue, By Material, 2016 – 2028
        • 6.4.9.2. Rest of Asia Pacific Market Revenue, By End Use Industry, 2016 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.5.2. Latin America Market Revenue, By Material, 2016 – 2028
      • 6.5.3. Latin America Market Revenue, By End Use Industry, 2016 – 2028
      • 6.5.4. Brazil
        • 6.5.4.1. Brazil Market Revenue, By Material, 2016 – 2028
        • 6.5.4.2. Brazil Market Revenue, By End Use Industry, 2016 – 2028
      • 6.5.5. Argentina
        • 6.5.5.1. Argentina Market Revenue, By Material, 2016 – 2028
        • 6.5.5.2. Argentina Market Revenue, By End Use Industry, 2016 – 2028
      • 6.5.6. Rest of Latin America
        • 6.5.6.1. Rest of Latin America Market Revenue, By Material, 2016 – 2028
        • 6.5.6.2. Rest of Latin America Market Revenue, By End Use Industry, 2016 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2016 – 2028 (USD Million)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Material, 2016 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By End Use Industry, 2016 – 2028
      • 6.6.4. GCC Countries
        • 6.6.4.1. GCC Countries Market Revenue, By Material, 2016 – 2028
        • 6.6.4.2. GCC Countries Market Revenue, By End Use Industry, 2016 – 2028
      • 6.6.5. South Africa
        • 6.6.5.1. South Africa Market Revenue, By Material, 2016 – 2028
        • 6.6.5.2. South Africa Market Revenue, By End Use Industry, 2016 – 2028
      • 6.6.6. Rest of Middle-East Africa
        • 6.6.6.1. Rest of Middle-East Africa Market Revenue, By Material, 2016 – 2028
        • 6.6.6.2. Rest of Middle-East Africa Market Revenue, By End Use Industry, 2016 – 2028
  • Chapter No. 7 Pulymer Bearing Market Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technology Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8 Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Pulymer Bearing Market Market: Company Market Share, 2019
      • 8.1.2. Global Pulymer Bearing Market Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 8.1.3. Global Pulymer Bearing Market Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Pulymer Bearing Market Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9 Company Profiles
    • 9.1. SKF
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. IGUS Inc.
    • 9.3. BNL Ltd.
    • 9.4. Dotmar Engineering Plastic Products
    • 9.5. Boston Gear LLC
    • 9.6. Oiles Corporation
    • 9.7. Saint-Gobain S.A.
    • 9.8. Kms Bearings, Inc.
    • 9.9. Kilian Manufacturing
    • 9.10. Kashima Bearings, Inc
  • Chapter No. 10 Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11 Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

List of Figures 

FIG NO. 1. Market Attractiveness Analysis, By Material
FIG NO. 2. Market Attractiveness Analysis, By End Use Industry
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Polymer Bearing Market Market Revenue, 2016 – 2028 (USD Million)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Material, 2020 & 2028
FIG NO. 7. Global Polymer Bearing Market Market for Acetal, Revenue (USD Million) 2016 – 2028
FIG NO. 8. Comparative Revenue Analysis of Polymer Bearing Market Market for Acetal, By Country, 2020 & 2028
FIG NO. 9. Global Polymer Bearing Market Market for Phenolics, Revenue (USD Million) 2016 – 2028
FIG NO. 10. Comparative Revenue Analysis of Polymer Bearing Market Market for Phenolics, By Country, 2020 & 2028
FIG NO. 11. Global Polymer Bearing Market Market for Teflon, Revenue (USD Million) 2016 – 2028
FIG NO. 12. Comparative Revenue Analysis of Polymer Bearing Market Market for Teflon, By Country, 2020 & 2028
FIG NO. 13. Global Polymer Bearing Market Market for Nylon, Revenue (USD Million) 2016 – 2028
FIG NO. 14. Comparative Revenue Analysis of Polymer Bearing Market Market for Nylon, By Country, 2020 & 2028
FIG NO. 15. Global Polymer Bearing Market Market for Ultra High Molecular Weight Polyethylene (UHMWPE), Revenue (USD Million) 2016 – 2028
FIG NO. 16. Comparative Revenue Analysis of Polymer Bearing Market Market for Ultra High Molecular Weight Polyethylene (UHMWPE), By Country, 2020 & 2028
FIG NO. 17. Global Polymer Bearing Market Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 18. Comparative Revenue Analysis of Polymer Bearing Market Market for Others, By Country, 2020 & 2028
FIG NO. 19. Market Revenue Share, By End Use Industry, 2020 & 2028
FIG NO. 20. Global Polymer Bearing Market Market for Automobile, Revenue (USD Million) 2016 – 2028
FIG NO. 21. Comparative Revenue Analysis of Polymer Bearing Market Market for Automobile, By Country, 2020 & 2028
FIG NO. 22. Global Polymer Bearing Market Market for Textile, Revenue (USD Million) 2016 – 2028
FIG NO. 23. Comparative Revenue Analysis of Polymer Bearing Market Market for Textile, By Country, 2020 & 2028
FIG NO. 24. Global Polymer Bearing Market Market for  Packaging, Revenue (USD Million) 2016 – 2028
FIG NO. 25. Comparative Revenue Analysis of Polymer Bearing Market Market for  Packaging, By Country, 2020 & 2028
FIG NO. 26. Global Polymer Bearing Market Market for Elevator, Revenue (USD Million) 2016 – 2028
FIG NO. 27. Comparative Revenue Analysis of Polymer Bearing Market Market for Elevator, By Country, 2020 & 2028
FIG NO. 28. Global Polymer Bearing Market Market for Food, Revenue (USD Million) 2016 – 2028
FIG NO. 29. Comparative Revenue Analysis of Polymer Bearing Market Market for Food, By Country, 2020 & 2028
FIG NO. 30. Global Polymer Bearing Market Market for Others, Revenue (USD Million) 2016 – 2028
FIG NO. 31. Comparative Revenue Analysis of Polymer Bearing Market Market for Others, By Country, 2020 & 2028
FIG NO. 32. Global Polymer Bearing Market Market Revenue Share, By Region, 2020 & 2028
FIG NO. 33. North America Polymer Bearing Market Market Revenue, 2016 - 2028 (USD Million)
FIG NO. 34. Porter’s Five Forces Analysis for Global Polymer Bearing Market Market
FIG NO. 35. PEST Analysis for Global Polymer Bearing Market Market
FIG NO. 36. Pricing Analysis for Global Polymer Bearing Market Market
FIG NO. 37. Value Chain Analysis for Global Polymer Bearing Market Market
FIG NO. 38. Company Share Analysis, 2019
FIG NO. 39. Radar Determinant Chart, 2019
FIG NO. 40. Company Strategic Developments – Heat Map Analysis
FIG NO. 41. SKF Business Segment Revenue Share, 2020 (%)
FIG NO. 42. SKF Geographical Segment Revenue Share, 2020 (%)
FIG NO. 43. Market Channels
FIG NO. 44. Marketing Channel Development Trend
FIG NO. 45. Growth in World Gross Product, 2008-2018
FIG NO. 46. Research Methodology – Detailed View
FIG NO. 47. Research Methodology


List of Tables 

TABLE NO. 1. Global Polymer Bearing Market Market: Snapshot
TABLE NO. 2. Quarterly Polymer Bearing Market Market Revenue by Region, 2020
TABLE NO. 3. Quarterly Polymer Bearing Market Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6. Global Polymer Bearing Market Market for Acetal, by Region, 2016 – 2028 (USD Million)
TABLE NO. 7. Global Polymer Bearing Market Market for Phenolics, by Region, 2016 – 2028 (USD Million)
TABLE NO. 8. Global Polymer Bearing Market Market for Teflon, by Region, 2016 – 2028 (USD Million)
TABLE NO. 9. Global Polymer Bearing Market Market for Nylon, by Region, 2016 – 2028 (USD Million)
TABLE NO. 10. Global Polymer Bearing Market Market for Ultra High Molecular Weight Polyethylene (UHMWPE), by Region, 2016 – 2028 (USD Million)
TABLE NO. 11. Global Polymer Bearing Market Market for Others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 12. Global Polymer Bearing Market Market for Automobile, by Region, 2016 – 2028 (USD Million)
TABLE NO. 13. Global Polymer Bearing Market Market for Textile, by Region, 2016 – 2028 (USD Million)
TABLE NO. 14. Global Polymer Bearing Market Market for  Packaging, by Region, 2016 – 2028 (USD Million)
TABLE NO. 15. Global Polymer Bearing Market Market for Elevator, by Region, 2016 – 2028 (USD Million)
TABLE NO. 16. Global Polymer Bearing Market Market for Food, by Region, 2016 – 2028 (USD Million)
TABLE NO. 17. Global Polymer Bearing Market Market for Others, by Region, 2016 – 2028 (USD Million)
TABLE NO. 18. Global Polymer Bearing Market Market Revenue, By Region, 2016 – 2028 (USD Million)
TABLE NO. 19. North America Polymer Bearing Market Market Revenue, By Country, 2016 – 2028 (USD Million)
TABLE NO. 20. North America Polymer Bearing Market Market Revenue, By Material, 2016 – 2028 (USD Million)
TABLE NO. 21. North America Polymer Bearing Market Market Revenue, By End Use Industry, 2016 – 2028 (USD Million)
TABLE NO. 22. U.S. Polymer Bearing Market Market Revenue, By Material, 2016 – 2028 (USD Million)
TABLE NO. 23. U.S. Polymer Bearing Market Market Revenue, By End Use Industry, 2016 – 2028 (USD Million)
TABLE NO. 24. Canada Polymer Bearing Market Market Revenue, By Material, 2016 – 2028 (USD Million)
TABLE NO. 25. Canada Polymer Bearing Market Market Revenue, By End Use Industry, 2016 – 2028 (USD Million)
TABLE NO. 26. Mexico Polymer Bearing Market Market Revenue, By Material, 2016 – 2028 (USD Million)
TABLE NO. 27. Mexico Polymer Bearing Market Market Revenue, By End Use Industry, 2016 – 2028 (USD Million)
TABLE NO. 28. Drivers for the Polymer Bearing Market Market: Impact Analysis
TABLE NO. 29. Restraints for the Polymer Bearing Market Market: Impact Analysis
TABLE NO. 30. Major Buyers of Polymer Bearing Market
TABLE NO. 31. Distributors/Traders List of Polymer Bearing Market
TABLE NO. 32. Global Polymer Bearing Market Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 33. Global Polymer Bearing Market Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
 

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FrequentlyAsked Questions

The global Polymer Bearing Market was valued at USD 7344 Million in 2020.

 

The global Polymer Bearing Market is expected to reach USD 10406 Million by 2028, growing at a CAGR of 4.6 % between 2021 to 2028.

 

Some of the key factors driving the global Polymer Bearing Market growth are the rising demand from the automotive industry and expanding applications in end-use industries such as packaging, textiles, packaging and food.

The European region held a substantial share of the Polymer Bearing Market in 2020. This is attributable to the presence of top automobile companies such as Mercedes-Benz, BMW, Audi and Porsche among others. The increasing application of polymer bearing in the automobile sector is expected to generate huge demand for the market in this region.

Some of the major companies operating in the Polymer Bearing Market are SKF, IGUS Inc., BNL Ltd., Dotmar Engineering Plastic Products, Boston Gear LLC, Oiles Corporation, Saint-Gobain S.A., Kms Bearings, Inc., Kilian Manufacturing and Kashima Bearings, Inc. among others.

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