Composite Bearings Market Global Industry Growth 5.04 Billion USD by 2021

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. Composite bearings are becoming crucial in aerospace, automotive and construction & mining applications due to the light weight & superior properties, low maintenance and long product life.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=241142853

Objectives of the Study

·         To define, describe, and forecast the composite bearings market size, in terms of value

·         To identify and measure the composite bearings market by product type, application, and region

·         To analyze significant region-specific market trends in North America, Europe, the Asia-Pacific region, Latin America and Middle East & Africa (ME&A) and country-specific trends in the U.S., Canada, Germany, France, the U.K., China, South Korea, and others. To provide detailed information regarding the major factors influencing the growth of the composite bearings market ( drivers, restraints, opportunities, industry-specific challenges, and burning issues)

·         To strategically profile and analyze the key market players and their core competencies

·         To analyze recent market developments such as agreements, acquisitions, new product launches and expansions in the composite bearings market

Various secondary sources such as company websites, encyclopedias, directories, and databases such as Composite World, Factiva, and American Composites Manufacturers Association and so on have been used to understand and gain insights into the composite bearings market. Experts from top composite bearings companies have been interviewed to verify and collect critical information and to assess the trends in the composite bearings market for the forecast period. The top-down, bottom-up, and data triangulation approaches have been implemented to calculate the exact values of the overall parent and individual market sizes.

The composite bearings market has a diversified ecosystem, including downstream stakeholders such as manufacturers, vendors, end users, and government organizations. Some of the major raw material suppliers are, Arkema (France), Mitsubishi Plastics, Inc. (Japan), Formosa Plastics Corporation (Taiwan), SGL Group (Germany), SABIC (Saudi Arabia), Toray Carbon Fibers America Inc. (U.S), Huntsman Corporation (U.S), and others.

Direct Purchase [123 Pages Report] @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=241142853

The composite bearings value chain includes resin manufacturers such as Arkema (France), Mitsubishi Plastics, Inc. (Japan), Huntsman Corporation (U.S), and others. Carbon fiber manufacturers include SGL Group (Germany), Toray Carbon Fibers America Inc. (U.S), and glass fiber manufacturers include PPG Industries, Inc. (U.S.), Taishan Fiberglass Inc. (China), and others. Further, the manufacturers of composite bearings supply their products to various entities for the aerospace, automotive and agriculture, aerospace and other applications.