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Middle East And Africa Composite Bearings Market
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Middle East And Africa Composite Bearings Market

Home Chemicals And Materials Middle East And Africa Composite Bearings Market

Middle East and Africa Composite Bearings Market - By Product (Metal Matrix Composite Bearings, Fiber Matrix Composite Bearings); By Material (Carbon Fiber Reinforced Polymer (CFRP), Glass Fiber Reinforced Polymer (GFRP)); By Application (Thrust Bearings, Radial Bearings, Journal Bearings); By End Use (Automotive, Aerospace, Construction, Agriculture); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Algeria, Nigeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2029

  • Published Date: April 2023
  • Report ID: BWC23266
  • Available Format: PDF
  • Page: 260

Report Overview

An increasing demand for composite bearings from packaging and construction sectors is projected to propel the expansion of Middle East and Africa Composite Bearings Market during the forecast period between 2023 and 2029.

Middle East and Africa Composite Bearings Market - Industry Trends & Forecast Report, 2029

Middle East and Africa composite bearings market size is expected at a CAGR of 5.24% during the forecast period between 2023 and 2029. Major growth drivers for the Middle East and Africa composite bearings market include increasing demand for durable and lightweight materials in various industrial applications. Composite bearings are made from a combination of materials such as fiber-reinforced resin, plastic, or metal, including thermosetting resins reinforced with synthetic fibers. They contain PTFE, which reduces friction. Composite bearings offer a cost-effective alternative to traditional bearings, as they require less maintenance and have a longer lifespan. Composite bearings are being used in a range of applications such as powertrains and steering yokes in automobiles, as well as bicycle forks, seat mechanisms, and belt tensioners. The desire to reduce vehicle weight and enhance fuel efficiency has led automobile manufacturers to utilize lightweight composite materials extensively. Moreover, composite bearings are preferred in various machines, such as agricultural machinery, drilling rigs, and lawn mowers, due to their excellent load-bearing capacity and reliability. As the manufacturing output increases, the Middle East composite bearings market is expected to benefit positively.

Middle East and Africa Composite Bearings Market – Overview

Composite bearings refer to a type of bearing made from a combination of materials such as polymers, fibers, metals, and ceramics. They are designed to reduce friction and wear in mechanical systems, while also providing high resistance to corrosion, impact, and temperature variations. Composite bearings offer several advantages over traditional bearings, including their lightweight, low friction coefficient, self-lubricating properties, and long service life. They find extensive applications in various industries, such as aerospace, automotive, marine, construction, and industrial equipment. The composite bearings market includes the manufacturing, distribution, and sale of these types of bearings to end-users across different industries.

Middle East and Africa Composite Bearings Market

Growth Drivers

Growing Demand from End-Use Industries

The Middle East and Africa composite bearings market is expected to grow substantially owing to the increasing demand from various end-use industries. Composite bearings are extensively used in a diverse range of applications, including automotive, aerospace, marine, construction machinery, and industrial equipment. The expanding demand from these industries is predicted to propel the development of the Middle East and Africa composite bearings market. The automotive industry is seeking lightweight and high-performance materials to enhance fuel efficiency and minimize emissions, and composite bearings present an excellent solution. They are lightweight, low-friction, and highly resistant to corrosion, making them a favored choice among automobile manufacturers. Likewise, the aerospace industry employs composite bearings in various applications, such as landing gear systems, engine mounts, and actuation systems, among others. The growing air travel demand in the region is expected to drive the demand for composite bearings in the aerospace industry. Also, the construction industry in the Middle East and Africa is witnessing significant growth due to the increasing investment in infrastructure development. Composite bearings are used in construction machinery, such as excavators, bulldozers, and cranes, among others. The rising demand for these machines is likely to spur the demand for composite bearings in the construction industry.

Restraints

Limited Performance under Certain Conditions

The composite bearing market in the Middle East and Africa is expected to face certain limitations due to limited performance under specific conditions. While composite bearings offer several benefits, including lightweight, high load-bearing capacity, and resistance to corrosion, they may not perform optimally in certain environments or applications. For example, composite bearings may not be suitable for use in extreme temperatures or environments with high levels of moisture or chemicals. In such conditions, traditional bearings made of metals or other materials may offer better performance and reliability. Furthermore, composite bearings may not be appropriate for high-speed or high-load applications, where their self-lubricating properties may not be sufficient to prevent wear and damage. As a result, the limited performance of composite bearings under certain conditions is anticipated to constrain their adoption in some applications and industries.

Impact of COVID-19 on Middle East and Africa Composite Bearings Market

COVID-19 had a detrimental impact on composite bearings market across the Middle East and Africa region. Like many other industries, the composite bearings market has been affected by disruptions in supply chains, reduced demand, and economic uncertainty. The pandemic has led to the shutdown of manufacturing facilities and disruptions in the supply chain, affecting the production and delivery of composite bearings. This has resulted in delayed or canceled orders and reduced revenue for manufacturers. Moreover, the pandemic has caused a decline in demand for composite bearings due to reduced economic activity in several end-use industries, including automotive, aerospace, and construction. This has led to a decrease in sales and revenue for composite bearing manufacturers. However, the pandemic has also created new opportunities for the composite bearings market. The increasing demand for medical equipment, such as ventilators and hospital beds, has created a new market for composite bearings. The use of composite bearings in medical equipment has increased due to their self-lubricating properties, lightweight, and high load-bearing capacity. The pandemic has also accelerated the adoption of digital technologies, such as remote monitoring and predictive maintenance, in several industries. This has created new opportunities for composite bearing manufacturers to offer value-added services to their customers.

Middle East and Africa Composite Bearings Market

Segmental Coverage

Middle East and Africa Composite Bearings Market – By Product

By product, the Middle East and Africa composite bearings market is bifurcated into Metal matrix composite bearings and Fiber matrix composite bearings segments. The metal matrix composite bearings segment holds a higher share in the Middle East and Africa composite bearings market due to several factors. Metal matrix composite bearings offer several advantages, such as high strength, wear resistance, and thermal stability, which make them suitable for use in a wide range of applications. In the automotive industry, metal matrix composite bearings are used in engine components, transmission systems, and suspension systems due to their high load-bearing capacity and low friction properties. The increasing demand for lightweight materials in the automotive industry has also driven the adoption of metal matrix composite bearings, as they are lighter than traditional metal bearings.

Middle East and Africa Composite Bearings Market

Middle East and Africa Composite Bearings Market – By Material

By material, the Middle East and Africa composite bearings market is split into Carbon fiber reinforced polymer (CFRP) and Glass fiber reinforced polymer (GFRP) segments.

Middle East and Africa Composite Bearings Market – By Application

By application, the Middle East and Africa composite bearings market is categorized into Thrust bearings, Radial bearings, and Journal bearings segments.

Middle East and Africa Composite Bearings Market – By End Use

Based on end use, the Middle East and Africa composite bearings market is segmented into Automotive, Aerospace, Construction, and Agriculture. The automotive segment held the highest share in the Middle East and Africa composite bearings market. There is an increasing demand for lightweight materials in the automotive industry to improve fuel efficiency and reduce emissions. Composite bearings, such as those made from CFRP or GFRP, are significantly lighter than traditional metal bearings, which makes them an ideal solution for reducing the overall weight of the vehicle. Also, composite bearings offer several advantages over traditional metal bearings in automotive applications. They have a low coefficient of friction, which reduces wear and improves the efficiency of the vehicle's components. They also have a high resistance to corrosion and can withstand high temperatures, making them suitable for use in harsh environments.

Middle East and Africa Composite Bearings Market – By Country

The report on Middle East and Africa composite bearings market covers major countries in the region: Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Algeria, Nigeria, and Rest of MEA. South Africa is expected to hold the highest market share during the forecast period. South Africa has a well-developed industrial sector, including automotive, aerospace, and mining industries, among others. These industries require high-performance components, such as bearings, to operate efficiently and effectively. Composite bearings, with their lightweight and durable properties, are increasingly being used in these industries to improve performance and reduce maintenance costs. Additionally, South Africa has a well-established manufacturing sector that produces composite bearings, which helps to meet the demand for these components in the region. The country has a highly skilled workforce and is investing in research and development to further advance the use of composite materials in various applications, including bearings. Also, South Africa is a hub for international trade in the region, which has led to increased demand for composite bearings from neighboring countries. This has helped to drive the growth of the composite bearings market in the region.

Competitive Landscape

Major players operating in Middle East and Africa composite bearings market include GGB Bearing Technology, Trelleborg Sealing Solutions, Schaeffler AG, Rexnord Corporation, NTN Corporation, RBC Bearings Incorporated, H4 Marine Limited, Daido Metal Co., Ltd., AST Bearings LLC, NSK Ltd., Saint-Gobain Performance Plastics, Igus GmbH, Polygon Company, Oiles Corporation, and The Timken Company. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

Scope of the Report

Attributes

Details

Years Considered

Historical Data – 2019–2022

Base Year – 2022

Estimated Year – 2023

Forecast Period – 2023–2029

Facts Covered

Revenue in USD Million

Market Coverage

Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Algeria, Nigeria, Rest of MEA

Product/ Service Segmentation

Product, Material, Application, End Use, Country

Key Players

GGB Bearing Technology, Trelleborg Sealing Solutions, Schaeffler AG, Rexnord Corporation, NTN Corporation, RBC Bearings Incorporated, H4 Marine Limited, Daido Metal Co., Ltd., AST Bearings LLC, NSK Ltd., Saint-Gobain Performance Plastics, Igus GmbH, Polygon Company, Oiles Corporation, The Timken Company

 

By Product

  • Metal matrix composite bearings

  • Fiber matrix composite bearings

By Material

  • Carbon fiber reinforced polymer (CFRP)

  • Glass fiber reinforced polymer (GFRP)

By Application

  • Thrust bearings

  • Radial bearings

  • Journal bearings

By End Use

  • Automotive

  • Aerospace

  • Construction

  • Agriculture

By Country

  • Saudi Arabia

  • UAE

  • Qatar

  • Kuwait

  • South Africa

  • Algeria

  • Nigeria

  • Rest of MEA

  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Executive Summary
  3. Middle East and Africa Composite Bearings Market Insights
    1. Industry Value Chain Analysis
    2. DROC Analysis
      1. Growth Drivers
        1. Growing demand from end-use industries
        2. Cost-effective as compared to traditional bearings
        3. Increased demand for lightweight and high-strength materials
      2. Restraints
        1. Availability of alternative materials
        2. Limited performance under certain conditions
      3. Opportunities
        1. Development of advanced materials and manufacturing techniques
        2. Expansion in emerging markets
      4. Challenges
        1. Less Competition from established materials
        2. Technical complexities
    3. Technology Advancements/Recent Developments
    4. Regulatory Framework
    5. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of New Entrants
      4. Threat of Substitutes
      5. Intensity of Rivalry
  4. Middle East and Africa Composite Bearings Market Overview
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
      2. Market Share and Forecast
      3. By Product
        1. Metal matrix composite bearings
        2. Fiber matrix composite bearings
        3. Others
      4. By Material
        1. Carbon fiber reinforced polymer (CFRP)
        2. Glass fiber reinforced polymer (GFRP)
        3. Others.
      5. By Application
        1.  Thrust bearings
        2. Radial bearings
        3. Journal bearings
        4. Others.
      6. By End Use
        1.  Automotive
        2. Aerospace
        3. Construction
        4. Agriculture
        5. Others.
      7. By Country
        1. Saudi Arabia
        2. UAE
        3. Qatar
        4. Kuwait
        5. South Africa
        6. Algeria
        7. Nigeria
        8. Rest of MEA
  5. Saudi Arabia Composite Bearings Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Material
      3. By Application
      4. By End Use
  6. UAE Composite Bearings Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Material
      3. By Application
      4. By End Use
  7. Qatar Composite Bearings Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Material
      3. By Application
      4. By End Use
  8. Kuwait Composite Bearings Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Material
      3. By Application
      4. By End Use
  9. South Africa Composite Bearings Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Application
      3. By Material
      4. By End Use
  10. Algeria Composite Bearings Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Material
      3. By Application
      4. By End Use
  11. Nigeria Composite Bearings Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Material
      3. By Application
      4. By End Use
  12. Rest of Middle East and Africa Composite Bearings Market
    1. Market Size & Forecast, 2019–2029
      1. By Value (USD Million)
    2. Market Share & Forecast
      1. By Product
      2. By Material
      3. By Application
      4. By End Use
  13. Competitive Landscape
    1. List of Key Players and Their Offerings
    2.  Middle East and Africa Composite Bearings Market Share Analysis, 2022
    3. Competitive Benchmarking, By Operating Parameters
    4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
  14. Impact of Covid-19 on Middle East and Africa Composite Bearings Market
  15. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
    1. GGB Bearing Technology
    2. Trelleborg Sealing Solutions
    3. Schaeffler AG
    4. Rexnord Corporation
    5. NTN Corporation
    6. RBC Bearings Incorporated
    7. H4 Marine Limited
    8. Daido Metal Co., Ltd.
    9. AST Bearings LLC
    10. NSK Ltd.
    11. Saint-Gobain Performance Plastics
    12. Igus GmbH
    13. Polygon Company
    14. Oiles Corporation
    15. The Timken Company
    16. Other Prominent Players
  16. Key Strategic Recommendations
  17. Research Methodology
    1.    Qualitative Research
      1.  Primary & Secondary Research
    2.    Quantitative Research
    3.    Market Breakdown & Data Triangulation
      1.  Secondary Research
      2.  Primary Research
    4.    Breakdown of Primary Research Respondents, By Region
    5.    Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

 

 

List of Figures

 

Figure 1       Middle East and Africa Composite Bearings Segmentation

Figure 2       Middle East and Africa Composite Bearings Market Value Chain Analysis

Figure 3       Company Market Share Analysis, 2022

Figure 4       The Middle East & Africa Composite Bearings Market Size, By Value (USD Million), 2019-2029

Figure 5       The Middle East & Africa Composite Bearings Market Share, By Product, By Value, 2019-2029

Figure 6       The Middle East & Africa Composite Bearings Market Share, By Material, By Value, 2019-2029

Figure 7       The Middle East & Africa Composite Bearings Market Share, By Application , By Value, 2019-2029

Figure 8       The Middle East & Africa Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Figure 9       The Middle East & Africa Composite Bearings Market Share, By Country, By Value, 2019-2029

Figure 10     Saudi Arabia Composite Bearings Market Size, By Value (USD Million), 2019-2029

Figure 11     Saudi Arabia Composite Bearings Market Share, By Product, By Value, 2019-2029

Figure 12     Saudi Arabia Composite Bearings Market Share, By Material, By Value, 2019-2029

Figure 13     Saudi Arabia Composite Bearings Market Share, By Application , By Value, 2019-2029

Figure 14     Saudi Arabia Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Figure 15     UAE Composite Bearings Market Size, By Value (USD Million), 2019-2029

Figure 16     UAE Composite Bearings Market Share, By Product, By Value, 2019-2029

Figure 17     UAE Composite Bearings Market Share, By Material, By Value, 2019-2029

Figure 18     UAE Composite Bearings Market Share, By Application , By Value, 2019-2029

Figure 19     UAE Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Figure 20     Qatar Composite Bearings Market Size, By Value (USD Million), 2019-2029

Figure 21     Qatar Composite Bearings Market Share, By Product, By Value, 2019-2029

Figure 22     Qatar Composite Bearings Market Share, By Material, By Value, 2019-2029

Figure 23     Qatar Composite Bearings Market Share, By Application , By Value, 2019-2029

Figure 24     Qatar Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Figure 25     Kuwait Composite Bearings Market Size, By Value (USD Million), 2019-2029

Figure 26     Kuwait Composite Bearings Market Share, By Product, By Value, 2019-2029

Figure 27     Kuwait Composite Bearings Market Share, By Material, By Value, 2019-2029

Figure 28     Kuwait Composite Bearings Market Share, By Application , By Value, 2019-2029

Figure 29     Kuwait Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Figure 30     South Africa Composite Bearings Market Size, By Value (USD Million), 2019-2029

Figure 31     South Africa Composite Bearings Market Share, By Product, By Value, 2019-2029

Figure 32     South Africa Composite Bearings Market Share, By Material, By Value, 2019-2029

Figure 33     South Africa Composite Bearings Market Share, By Application , By Value, 2019-2029

Figure 34     South Africa Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Figure 35     Algeria Composite Bearings Market Size, By Value (USD Million), 2019-2029

Figure 36     Algeria Composite Bearings Market Share, By Product, By Value, 2019-2029

Figure 37     Algeria Composite Bearings Market Share, By Material, By Value, 2019-2029

Figure 38     Algeria Composite Bearings Market Share, By Application , By Value, 2019-2029

Figure 39     Algeria Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Figure 40     Nigeria Composite Bearings Market Size, By Value (USD Million), 2019-2029

Figure 41     Nigeria Composite Bearings Market Share, By Product, By Value, 2019-2029

Figure 42     Nigeria Composite Bearings Market Share, By Material, By Value, 2019-2029

Figure 43     Nigeria Composite Bearings Market Share, By Application , By Value, 2019-2029

Figure 44     Nigeria Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Figure 45     Rest of Middle East & Africa Composite Bearings Market Size, By Value (USD Million), 2019-2029

Figure 46     Rest of Middle East & Africa Composite Bearings Market Share, By Product, By Value, 2019-2029

Figure 47     Rest of Middle East & Africa Composite Bearings Market Share, By Material, By Value, 2019-2029

Figure 48     Rest of Middle East & Africa Composite Bearings Market Share, By Application , By Value, 2019-2029

Figure 49     Rest of Middle East & Africa Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

List of Tables

 

Table 1        The Middle East & Africa Composite Bearings Market Size, By Value (USD Million), 2019-2029

Table 2        The Middle East & Africa Composite Bearings Market Share, By Product, By Value, 2019-2029

Table 3        The Middle East & Africa Composite Bearings Market Share, By Material, By Value, 2019-2029

Table 4        The Middle East & Africa Composite Bearings Market Share, By Application , By Value, 2019-2029

Table 5        The Middle East & Africa Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Table 6        The Middle East & Africa Composite Bearings Market Share, By Country, By Value, 2019-2029

Table 7        Saudi Arabia Composite Bearings Market Size, By Value (USD Million), 2019-2029

Table 8        Saudi Arabia Composite Bearings Market Share, By Product, By Value, 2019-2029

Table 9        Saudi Arabia Composite Bearings Market Share, By Material, By Value, 2019-2029

Table 10      Saudi Arabia Composite Bearings Market Share, By Application , By Value, 2019-2029

Table 11      Saudi Arabia Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Table 12      UAE Composite Bearings Market Size, By Value (USD Million), 2019-2029

Table 13      UAE Composite Bearings Market Share, By Product, By Value, 2019-2029

Table 14      UAE Composite Bearings Market Share, By Material, By Value, 2019-2029

Table 15      UAE Composite Bearings Market Share, By Application , By Value, 2019-2029

Table 16      UAE Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Table 17      Qatar Composite Bearings Market Size, By Value (USD Million), 2019-2029

Table 18      Qatar Composite Bearings Market Share, By Product, By Value, 2019-2029

Table 19      Qatar Composite Bearings Market Share, By Material, By Value, 2019-2029

Table 20      Qatar Composite Bearings Market Share, By Application , By Value, 2019-2029

Table 21      Qatar Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Table 22      Kuwait Composite Bearings Market Size, By Value (USD Million), 2019-2029

Table 23      Kuwait Composite Bearings Market Share, By Product, By Value, 2019-2029

Table 24      Kuwait Composite Bearings Market Share, By Material, By Value, 2019-2029

Table 25      Kuwait Composite Bearings Market Share, By Application , By Value, 2019-2029

Table 26      Kuwait Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Table 27      South Africa Composite Bearings Market Size, By Value (USD Million), 2019-2029

Table 28      South Africa Composite Bearings Market Share, By Product, By Value, 2019-2029

Table 29      South Africa Composite Bearings Market Share, By Material, By Value, 2019-2029

Table 30      South Africa Composite Bearings Market Share, By Application , By Value, 2019-2029

Table 31      South Africa Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Table 32      Algeria Composite Bearings Market Size, By Value (USD Million), 2019-2029

Table 33      Algeria Composite Bearings Market Share, By Product, By Value, 2019-2029

Table 34      Algeria Composite Bearings Market Share, By Material, By Value, 2019-2029

Table 35      Algeria Composite Bearings Market Share, By Application , By Value, 2019-2029

Table 36      Algeria Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Table 37      Nigeria Composite Bearings Market Size, By Value (USD Million), 2019-2029

Table 38      Nigeria Composite Bearings Market Share, By Product, By Value, 2019-2029

Table 39      Nigeria Composite Bearings Market Share, By Material, By Value, 2019-2029

Table 40      Nigeria Composite Bearings Market Share, By Application , By Value, 2019-2029

Table 41      Nigeria Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Table 42      Rest of Middle East & Africa Composite Bearings Market Size, By Value (USD Million), 2019-2029

Table 43      Rest of Middle East & Africa Composite Bearings Market Share, By Product, By Value, 2019-2029

Table 44      Rest of Middle East & Africa Composite Bearings Market Share, By Material, By Value, 2019-2029

Table 45      Rest of Middle East & Africa Composite Bearings Market Share, By Application , By Value, 2019-2029

Table 46      Rest of Middle East & Africa Composite Bearings Market Share, By End Use Industry, By Value, 2019-2029

Table 47      GGB Bearing Technology Company Overview

Table 48      GGB Bearing Technology Financial Overview

Table 49      Trelleborg Sealing Solutions Company Overview

Table 50      Trelleborg Sealing Solutions Financial Overview

Table 51      Schaeffler AG Company Overview

Table 52      Schaeffler AG Financial Overview

Table 53      Rexnord Corporation Company Overview

Table 54      Rexnord Corporation Financial Overview

Table 55      NTN Corporation Company Overview

Table 56      NTN Corporation Financial Overview

Table 57      RBC Bearings Incorporated Company Overview

Table 58      RBC Bearings Incorporated Financial Overview

Table 59      H4 Marine Limited Company Overview

Table 60      H4 Marine Limited Financial Overview

Table 61      Daido Metal Co., Ltd. Company Overview

Table 62      Daido Metal Co., Ltd. Financial Overview

Table 63      AST Bearings LLC Company Overview

Table 64      AST Bearings LLC Financial Overview

Table 65      NSK Ltd. Company Overview

Table 66      NSK Ltd. Financial Overview

Table 67      Saint-Gobain Performance Plastics Company Overview

Table 68      Saint-Gobain Performance Plastics Financial Overview

Table 69      Igus GmbH Company Overview

Table 70      Igus GmbH Financial Overview

Table 71      Polygon Company Overview

Table 72      Polygon Company Financial Overview

Table 73      Oiles Corporation Company Overview

Table 74      Oiles Corporation Financial Overview

Table 75      The Timken Company Overview

Table 76      The Timken Company Financial Overview

 

Market Segmentation

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Frequently Asked Questions (FAQs):

Ans: The automotive segment is expected to hold the highest market share in the Middle East and Africa Composite bearings market by end use.
Ans: Major factors driving the growth of Middle East and Africa Composite Bearings Market include increasing demand for packaging sector and growing demand from the construction sector.
Ans: During the forecast between 2023 and 2029, Middle East and Africa Composite Bearings Market size is expected to grow at a CAGR of 5.24%.
Ans: Key players in Middle East and Africa Composite Bearings Market include GGB Bearing Technology, Trelleborg Sealing Solutions, Schaeffler AG, Rexnord Corporation, NTN Corporation, RBC Bearings Incorporated, H4 Marine Limited, Daido Metal Co., Ltd., AST Bearings LLC, NSK Ltd., Saint-Gobain Performance Plastics, Igus GmbH, Polygon Company, Oiles Corporation, and The Timken Company.
Ans: The metal matrix composite bearings segment is expected to hold a higher market share in the Middle East and Africa Composite Bearings Market by product.