Quick Summary:
Unleash the potential of strategic business decisions with incisive data on the Composite Bearings market. Our comprehensive market research report objectively analyzes this rapidly-growing industry, estimated at $4.8 Billion in 2022, and predicted to catapult to $9.1 Billion by 2030. We dig deep into key segments like Metal Matrix and Fiber Matrix, enabling you to stay updated with their progress, challenges, and future opportunities.
Notably, the report includes extensive coverage of various geographic markets- U.S., China, Japan, Canada and Germany, each with distinct growth patterns. It further showcases the prowess of leading companies in the industry, including ACM Composites, AST Bearings LLC, GGB Bearing Technology, and Rexnord Corporation amongst others. As an added advantage, our unique offerings such as online interactive peer-to-peer collaborative bespoke updates, access to digital archives, and complimentary updates for one year ensure you stay at the forefront of industry trends. Secure your copy now to capitalize on the accelerating growth of the Composite Bearings Market.
Global Composite Bearings Market to Reach $9.1 Billion by 2030
The global market for Composite Bearings estimated at US$4.8 Billion in the year 2022, is projected to reach a revised size of US$9.1 Billion by 2030, growing at a CAGR of 8.5% over the analysis period 2022-2030. Metal Matrix, one of the segments analyzed in the report, is projected to record 8.2% CAGR and reach US$5.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fiber Matrix segment is readjusted to a revised 9% CAGR for the next 8-year period.The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 13% CAGR
The Composite Bearings market in the U.S. is estimated at US$1.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.1 Billion by the year 2030 trailing a CAGR of 13% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 6.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.2% CAGR.Select Competitors (Total 36 Featured) -
- ACM Composites
- AST Bearings LLC
- CIP Composites
- CSB Sliding Bearings (India) Pvt. Ltd.
- Federal-Mogul Corporation
- Franklin Fiber Lamitex
- GGB Bearing Technology
- H4 Marine Limited
- Hycomp LLC
- Polygon Company
- RBC Bearings Incorporated.
- Rexnord Corporation
- Saint-Gobain S.A.
- Schaeffler Group
- Spaulding Composites, Inc.
- Technoslide (Pty) Ltd
- Tiodize Co., Inc.
- Trelleborg Group
- Tristar Plastic Corp.
- VNC Bearing
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Composite Bearings?
What is the growth rate of the Global Market for Composite Bearings?
What is the forecasted size of the Global Market for Composite Bearings?
Who are the key companies in the Global Market for Composite Bearings?
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | December 2023 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 4.8 Billion |
Forecasted Market Value ( USD | $ 9.1 Billion |
Compound Annual Growth Rate | 8.3% |
Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- ACM Composites
- AST Bearings LLC
- CIP Composites
- CSB Sliding Bearings (India) Pvt. Ltd.
- Federal-Mogul Corporation
- Franklin Fiber Lamitex
- GGB Bearing Technology
- H4 Marine Limited
- Hycomp LLC
- Polygon Company
- RBC Bearings Incorporated.
- Rexnord Corporation
- Saint-Gobain S.A.
- Schaeffler Group
- Spaulding Composites, Inc.
- Technoslide (Pty) Ltd
- Tiodize Co., Inc.
- Trelleborg Group
- Tristar Plastic Corp.
- VNC Bearing