Polymer Bearing Market - Forecast (2022 - 2027)

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Polymer Bearing Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• Polymer Bearing Market size is forecast to reach
  12 billion by 2025, after growing at a CAGR of
  4.5 during 2020-2025. This growth is mainly due
  to the rising demand in the Asia-Pacific region
  for polymer bearings. The growth of the global
  polymer bearing market is further driven by the
  growing applicability of polymer bearings in the
  automotive, medical pharmaceutical, textile,
  food processing, chemical, office products and
  semiconductor industries. For use on metal
  surfaces, polymer bearings are preferred. Over
  other common bearing materials, polymers offer
  many advantages. Polymer bearings are resistant
  to corrosion and chemicals. Such bearings do not
  transfer heat to other mechanical assembly areas
  because they are self-lubricating, thus
  eliminating the risk of failure due to lack of
  maintenance. 

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• Key Takeaways
• Asia Pacific dominates the polymer bearing
  market, owning to increasing demand from
  automotive industry. According to OICA, in 2018
  the production of light commercial vehicles has
  increased by 10.2 in the APAC region. 
• In addition, compared to metal bearings, polymer
  bearings are economical, which makes them a
  positive option. Due to their non-conductive and
  corrosion resistant properties, polymers are
  resistant to acid, alkali, wax and solvents.
• Strict government rules regulations relating to
  the use of polymer bearings in the food
  processing and packaging industries are one of
  the major constraints limiting the growth of the
  global polymer bearing market.

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By Distribution Channel- Segment
Analysis The phenolics material type segment held
the largest share in the polymer bearing market
in 2019, Due to the growing demand from various
end-use industries such as automotive, textiles,
food packaging, and semiconductors for phenolic
polymer bearings. Phenolic polymer bearings
possess properties such as outstanding strength
and shock resistance, along with water, acid,
alkali solutions resistance. Phenolic polymeric
materials serve as self-lubricating materials and
in various applications, thus, replacing metal
bearings. In heavily loaded systems, they are
useful for providing the necessary amount of
cooling and clearance. Therefore, owning to the
aforementioned properties phenolic material type
dominated the market.
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• Polymer Bearing
  Market Outlook 
• SKF
• Boston Gear LLC
• IGUS Inc
• Saint-Gobain S.A
• BNL Ltd
• Oiles Corporation
• KMS Bearings Inc

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Polymer Bearing Market Forecast (2022
- 2027) Learn More About the Report _at_
https//www.industryarc.com/Report/16427/polymer-
bearing-market.html
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• Analyst Briefing
• Data Tables
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Reddy Contact (1) 970-236-3677 Email
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