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Showing posts with the label polymer bearing market forecast

Phenolics is the fastest-growing material type segment of the global polymer bearing market

  The report  " Polymer Bearing Market by End-Use Industry (Automobile, Medical & Pharmaceutical, Textile, Packaging, Elevator, Food, Office Products, Chemical), Type of Material (Phenolic, Acetal, Nylon, Teflon, UHMWPE), and Region - Global Forecast to 2026",  published by MarketsandMarkets, the market is projected to reach  USD 12.89 Billion  by 2026, at a CAGR of 4.4% from 2016 to 2026. Request Report Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=233063287 The phenolics material type segment contributed the largest share to the global polymer bearing market in 2015. This segment is projected to grow at the highest CAGR from 2016 to 2026, owing to the increasing demand for phenolic polymer bearings from varied end-use industries such as automobile, textile, food packaging, and semiconductors. Phenolic polymer bearings also exhibit properties such as excellent strength and shock resistance, coupled with resistance to water, acid, a...