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Download Free sampleThe global Slide Bearings market was valued at 5750.91 Million USD in 2021 and will grow with a CAGR of 4.08% from 2021 to 2027, based on Research newly published report.
The prime objective of Slide Bearings Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Slide Bearings Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Slide bearings, also referred to as sliding or plain, bearings encompass a range of mechanical components that go by various names but are generally grouped as fluid-film bearings, whose purpose is to reduce friction between rotating, reciprocating, or sliding surfaces such as shafts and stationary surfaces such as housings. The lubricating film is generally oil, although water is sometimes used in special situations, and dry running bearings attain their slipperiness by way of PTFE or other low-friction materials. Slide bearings differ from ball and roller bearings which use rolling elements to reduce friction but in both instances, the goal is the same.The Slide Bearings industry is relatively concentrated. The top five producers account for about 36% of the revenue market in 2019. Daido Metal, Tenneco (Federal-Mogul), Rheinmetall Automotive, RBC Bearings are the leading companies in the market. At Present, the Slide Bearing market mainly concentrated in North America, Europe and Asia-Pacific. Among them, Asia-Pacific is the largest consumption region with a market share of 36.15% in terms of revenue in 2019, and it also has the highest growth rate. Radial Slide Bearings is the dominated type of Slide Bearing, which occupied above 67.70% of the revenue market in 2019. The downstream industry demand is the major driving factor. As for downstream field, Automotive Industry and Medical are the largest two application fields which account for about 50% market share in 2019. The Slide Bearings market indicated that Asia-Pacific would account for the highest sales in 2025 with close to 36.21% of global revenue share, and has the highest growth rate.
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