Polymer Bearing Market 2017 Share, Trend, Segmentation and Forecast Polymer Bearing Market - Global Industry Analysis,

Polymer Bearing Market - Global Industry
Analysis, Size, Share, Growth, Trends, and
Forecast 2017 - 2025
The polymer bearing market is expected to expand at a decent pace over the
forecast period owing to the rise in demand for the product in Asia Pacific and its
increasing application in the textile, medical & pharmaceutical, automobile, and
food processing sectors. Polymer bearings are widely applied on metal surfaces and
preferred over other common bearing materials. They are chemical-resistant and
corrosive and therefore progressively favored over other types of bearings. They do
not transfer heat to other areas due their ability to auto-lubricate, which eliminates
the chances of failure due to low maintenance. Rising demand for the product from
the automobile industry is likely to push the expansion of the polymer bearings
market over the forecast period. Due to their varied properties including high
corrosion, lightweight bodies, lubricant-free nature, and resistance to fatigue,
polymer bearings are extensively employed in the automotive industry. However,
the rigid government regulations pertaining to their use in the food packaging and
processing industries have restricted the polymer bearings market from further
expansion. Furthermore, polymer bearings are economical compared to metal
bearings which makes them a favourable alternative. Polymers are resistant to acid,
alkali, wax and solvents owing to their non-conductive and anti-corrosion resistant
properties. Being 70 to 80 percent lighter compared to other metals they are
extensively used in the automotive industry. In the automotive sector it is used in
the windshield wipers, shock absorbers, brakes, shafts, hinges, gear boxes, engine
compartments, angle transmitters and pedals. The global polymer bearing market is
majorly driven by the growth of the automotive industry.
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bearing-market.html
The market is segregated by type of material into the following categories:
phenolics, nylon, acetal, Teflon, and UHMWPE. Phenolics accounted for a major
market share in 2016 and the segment is anticipated to retain its position over the
forecast period, driven by the surge in demand for phenolic bearings from various
end-user industries such as textile, food packaging, automobiles, and
semiconductors. These bearings exhibit excellent strength and resistance to shock
as well as to acid, water, and alkali solutions. They are useful for providing the right
amount of cooling and clearance in heavily loaded systems. On the basis of end-
user industry, the polymer bearings market is divided into the following segments: