Chemicals and Materials Bearing Isolators Market New | Page 2
Oil & gas is the fastest-growing end-use industry of the Bearing Isolators Market.
Based on end-use industry, the oil & gas segment is expected to grow at the highest CAGR
from 2017 to 2022. Bearing isolators enhance the performance as well as the life of
rotating equipment, such as motors, pumps, agitators, steam turbines, etc. Thus, there is a
high demand for bearing isolators in this industry.
Asia Pacific is the fastest-growing market for bearing isolators.
The Bearing Isolators Market in the Asia Pacific region is expected to grow at the highest
CAGR during the forecast period. China, Japan, and India are the key countries contributing
to the high demand for bearing isolators in the Asia Pacific region. Availability of cheap
labor and raw materials in the Asia Pacific region has made it a preferred region for leading
manufacturers for the expansion of their business, thus making the region the fastest-
growing Bearing Isolators Market. In addition, due to the increasing awareness about the
advantages offered by bearing isolators, there is a rise in their demand from various end-
use industries such as oil & gas, chemical processing, paper & pulp, mining, metal
processing, and manufacturing & processing.
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Companies operating in the bearing isolators market include Inpro/Seal (US), The Timken
Company (US), Aesseal (UK), Parker Hannifin (US), Flowserve Corporation (US), Garlock
Sealing Technologies (US), John Crane (US), Baldor Electric Company, Inc., (US), Elliott
Group (US), Advance Sealing International (US), Beacon Gasket & Seals Co. (US), IsoMag
Corporation (US), etc.
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