New Global Composite Bearings Consumption Market Report 2023 Report Covers market forecast and top Companies like Saint-Gobain S.A., Trelleborg Group, Schaeffler Group, Polygon Company, RBC Bearings Incorporated. and others.

Lewes, DE -- (SBWire) -- 02/27/2019 --Global Composite Bearings market will register a 7.9% CAGR in terms of revenue, reach US$ 7960 million by 2023, from US$ 5050 million in 2017.

This report covers the present scenario (with the base year being 2017) and the growth prospects of global Composite Bearings market for 2018-2023.

The composite bearings, 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.

Over the next five years, study projects that Composite Bearings will register a 7.9% CAGR in terms of revenue, reach US$ 7960 million by 2023, from US$ 5050 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Composite Bearings market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Fiber Matrix
Metal Matrix

Segmentation by application:
Construction & Mining
Agriculture
Automotive
Aerospace
Marine
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Saint-Gobain S.A.
Trelleborg Group
Schaeffler Group
Polygon Company
RBC Bearings Incorporated.
Rexnord Corporation
Hycomp LLC
Tristar Plastic Corp.
Tiodize Co., Inc.
Spaulding Composites, Inc.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Composite Bearings consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Composite Bearings market by identifying its various subsegments.
Focuses on the key global Composite Bearings manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Composite Bearings with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Composite Bearings submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 130 pages "Forecast of Global Composite Bearings Consumption Market Report 2023" report covers Scope of the Report, Executive Summary, Global Composite Bearings by Players, Composite Bearings by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Composite Bearings Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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