Composite Bearings Market Overview & Outlook: 2030

By Author: Delvens
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Composite Bearings Market, by Type (Metal matrix, Fiber matrix), Form (cylindrical bushes, flanged bushes, sliding plates, thrust washers and flanged washers), by Application (Construction Mining, Automotive, Agriculture, Aerospace, Marine, Others), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
Market Overview

Composite bearings are the tools used to lessen friction and offer separation between two components that are moving in relation to one another. They are constructed from a combination of metal, plastic, and fiber-reinforced resin. Low friction, little heat build-up, and absence of cold flow conditions are characteristics of composite bearings. In industrial applications, composite bearings might be used in place of the traditional greased bronze bushings to save weight and improve efficiency. Composite bearings are utilized in a variety of industries, including the automotive sector for uses ranging from the powertrain to the interior of vehicles, as well as the maritime, building and mining, agricultural, and aerospace sectors.
The market for composite ...
... bearings is expanding because to its improved mechanical qualities, such as wear resistance, self-lubrication, and substantially longer product life. Low maintenance costs are another significant factor that is driving up market demand for composite bearings. This is a result of the qualities of composite bearings, which are superior to those of traditional bearings in terms of operational and dimensional stability at high temperatures and severe environments as well as improved corrosion and fatigue resistance.
On the other hand, the market for composite bearings is being held back by the high cost of raw materials and high production costs. In addition, the market for composite bearings is being constrained by fierce competition from suppliers of single metal bearings.
As a result of the suspension of mining, building, and construction operations, the COVID 19 epidemic has had a negative effect on the market for composite bearings. On the other hand, the market for composite bearings' supply chain was affected by limits on cross-border trading. The market's expansion was slowed as a result. The COVID 19 pandemic-related global lockdown resulted in a decline in sales and revenue for the automotive sector. Thus, the loss in car sales resulted in a drop-in manufacturing volume, which in turn produced a large decline in demand for composite bearings.
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Delvens Industry Expert's Standpoint
The Composite Bearings Market is expected to grow during the forecast period. This growth can be attributed to several factors such as its improved mechanical qualities, such as wear resistance, self-lubrication, and substantially longer product life. Moreover, their low maintenance costs are another significant factor that is driving up market demand for composite bearings. However, the growth of the market might get hampered by factors such as high cost of raw materials and high production costs.
Key Findings
• Based on type, the market is segmented into metal matrix, fiber matrix. Metal Matrix dominated the market in this segment due to their increased usage in construction & mining and automotive industry.

• Based on application, the market is bifurcated into construction & mining, automotive, agriculture, aerospace, marine, others. The construction and mining industry dominated the market in this segment due to the rapid urbanization and modernization especially in developing nations.

• Based on form, the market is segmented into cylindrical bushes, flanged bushes, sliding plates, thrust washers and flanged washers. Cylindrical bushes dominated the market in this segment as they are extremely versatile and can be used in any application which increases its demand in the market.

• The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America is estimated to account for the largest market share during the forecast period due to increasing demand from the construction, mining, and automotive industries. Additionally, composite bearings are in high demand because to their characteristics including light weight, dimensional stability, resistance to corrosion, and fatigue. Moreover, the region's market is developing as a result of technical developments in the mass manufacturing of composite bearings and the expanding use of these bearings in the aerospace industry.
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Regional Analysis
North America to Dominate the Market
• North America is estimated to account for the largest market share during the forecast period because of their increasing demand from the construction, mining and automotive industries.
• Moreover, increasing technological advancements in the development of composite bearings and their increased usage in aerospace industry is expected to drive the growth of the market further during the forecast period.
Competitive Landscape
• ACM Composites
• Arkema
• AST Bearings LLC
• CIP Composites
• CSB Sliding Bearings Pvt. Ltd.
• Federal-Mogul Corporation
• Franklin Fiber Lamitex
• GGB Bearing Technology
• H4 Marine Limited
• Huntsman Corporation
• Hycomp LLC
• Mitsubishi Plastics, Inc.
• Polygon Company
• RBC Bearings Incorporated
• Rexnord Corporation
• Saint-Gobain S.A
• SGL Carbon Gmbh
• Tenneco Inc
• Trelleborg AB
Recent Developments
• In April 2023, the igutex TX3 was launched, which is a fiber composite plain bearing for heavy-duty applications, including swivel applications, ship-to-shore cranes, and front loaders. It was introduced by Igus' Iglidur plain bearing subsidiary. Up to 1 meter in diameter, this bearing line may be made in bespoke sizes.

• In August 2022, The HiMod Advanced Composite Bearing Plus, a dual-layer bearing with a low-friction PEEK liner that also serves as an impermeable sealing surface, is a new low-friction thermoplastic composite bearing from Trelleborg. It has 50% reduced sliding friction and improved wear performance.
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Table of Contents
The Composite Bearings Market is segmented into various segments such as Type, form, application, and region:
Based on Type
o Metal matrix
o Fiber matrix
Based on Form
o Cylindrical bushes
o Flanged bushes
o Sliding plates
o Thrust washers
o Flanged washers
Based on Application
o Construction & Mining
o Automotive
o Agriculture
o Aerospace
o Marine
o Others

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