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Composite Bearings Market worth 5.04 Billion USD by 2021

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Composite Bearings Market by Product Type (Metal Matrix, Fiber Matrix), Application (Construction & Mining, Automotive, Agriculture, Aerospace, Marine), Region - Global Forecast to 2021 – PowerPoint PPT presentation

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Title: Composite Bearings Market worth 5.04 Billion USD by 2021


1
MarketsandMarkets Presents
Composite Bearings Market by Product Type,
Application, Region - Global Forecast to 2021

2
Composite Bearings Market worth 5.04 Billion USD
by 2021
The report "Composite Bearings Market by Product
Type (Metal Matrix, Fiber Matrix), Application
(Construction Mining, Automotive, Agriculture,
Aerospace, Marine), Region - Global Forecast to
2021", In terms of value, the composite bearings
market was valued at USD 3.21 Billion, in 2015,
and is projected to reach USD 5.04 Billion by
2021 at a CAGR of 7.88 from 2016 to 2021.
3
Composite Bearings Market worth 5.04 Billion USD
by 2021
Browse gtgt 74 data tables
46 figures
123 pages and in-depth TOC on Composite Bearings
Market Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 5650 for single
user. The composite bearings market was valued
at USD 3.21 Billion, in 2015, and is projected to
reach USD 5.04 Billion by 2021 at a CAGR of 7.88
from 2016 to 2021. Report Price Single User
License US 5650 Corporate User License US
8150
4
Composite Bearings Market worth 5.04 Billion USD
by 2021
The composite bearings market is driven by the
superior mechanical properties leading to a long
product life with low maintenance cost, and the
increasing use of composite bearings in demanding
applications including construction mining, and
aerospace. Also, rapid technological advancements
in the mass production of composite bearings is
one of the factors driving the composite bearings
market globally.
5
Composite Bearings Market worth 5.04 Billion USD
by 2021
Metal matrix comprises a major share in the
composite bearings market in terms of
value Metal matrix are the leading type of
composite bearings used for various applications,
such as aerospace, automotive, agriculture, and
so on. The metal matrix based composite bearings
market is the largest owing to its high strength
in comparison to single metal bearings. Due to
this it is used in applications such as
aerospace, automotive, and agriculture.
6
Composite Bearings Market worth 5.04 Billion USD
by 2021
Construction mining are the largest
application markets of composite bearings The
major applications in the composite bearings
market include construction mining, automotive,
and agriculture. The construction mining
application constituted a major part of the
composite bearings market. Composite bearings
offer various features, including resistance to
fatigue corrosion, operational dimensional
stability at high temperatures, and are light in
weight in comparison to traditional materials
such as single metal bearings. These factors are
leading to the high growth of the composite
bearings market in the construction mining,
automotive, and agriculture applications.
7
Composite Bearings Market worth 5.04 Billion USD
by 2021
North America accounts for a major market share
in the composite bearings market North America
accounts for the largest market share of
composite bearings, globally, due to the high
demand for their properties such as being light
in weight, and providing dimensional stability
and resistance against fatigue and corrosion. In
addition, technological advancements in the mass
production of composite bearings and increasing
usage of these bearings in the aerospace
application is also contributing to the high
growth of composite bearings market in the North
American region. North America is expected to be
the fastest-growing market for composite bearings
from 2015 to 2021.
8
Composite Bearings Market worth 5.04 Billion USD
by 2021
Key Players - Some of the key leading global
players in the composite bearings market are,
Schaeffler Group (Germany), Saint Gobain
(France), Trelleborg Group (Sweden), RBC Bearing
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.
These players have adopted various organic and
inorganic developmental strategies during the
past five years. Purchase a Copy of this Report
Today !
9
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Mr. Rohan MarketsandMarkets 701 Pike Street
Suite 2175, Seattle, WA 98101, United States
Tel 1-888-6006-441 Email sales_at_marketsandmarke
ts.com 
10
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