One Stop Solution For In-Depth Market Research Reports

Home    >    CHEMICALS AND ADVANCED MATERIALS   >   Bearing Isolators Market

Bearing Isolators Market by Material Type (Metallic and Non-Metallic), End-use Industry (Oil & Gas, Chemical Processing, Mining, Paper & Pulp, Metal Processing, and Manufacturing & Processing), and Region - Global Forecast to 2022


Product Code : MNMCH00109169
Survey : MarketsandMarkets
Publish On : 20, May, 2022
Category : Chemicals and Advanced Materials
Study Area : Global
Report format : PDF
Sales price option (consumption tax not included)
Single User USD5650 / Question Form
5 User USD6650 / Question Form
Enterprise User USD10000 / Question Form

[Report Description]

“The bearing isolators market is expected to grow at a CAGR of 5.7% from 2017 to 2022.”

The bearing isolators market is estimated to be USD 1.26 billion in 2017 and is projected to reach USD 1.67 billion by 2022, at a CAGR of 5.7% from 2017 to 2022. Rising awareness about the advantages offered by bearing isolators and their growing demand from end-use industries such as oil & gas, chemical processing, mining, paper & pulp, manufacturing & processing, etc., present growth opportunities for the global bearing isolators market. The volatility of raw material prices affects the demand for metallic and non-metallic bearing isolators, which act as a key restraint to the growth of the bearing isolators market.
“Metallic is the largest material type segment of the bearing isolators market.”
Based on material type, the metallic segment accounted for the largest share of the bearing isolators market in 2016. This large share can be mainly attributed to the material being cost-effective and their key functional properties, such as non-sparking and high wear resistance, which make it a preferred material, especially for the oil & gas, chemical processing, metal processing, and mining industries.
“Oil & gas is the largest end-use industry segment of the bearing isolators market.”
Oil & gas is the largest end-use industry segment of the bearing isolators market. Bearing isolators have proven to be the optimum solution for bearing failure, and to increase the Mean Time Between Repair (MTBR) and the reliability of rotating equipment in the oil & gas industry. Hence, there is a high demand for bearing isolators from the oil & gas end-use industry segment.
“North America is expected to lead the bearing isolators market during the forecast period.”
North America is expected to lead the bearing isolators market during the forecast period. The growth of the North America bearing isolators market can be attributed to the rising demand for bearing isolators from end-use industries such as oil & gas, chemical processing, mining, manufacturing & processing, etc. The bearing isolators market in North America is expected to grow at a high CAGR from 2017 to 2022.

Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 25%, Tier 2 – 35% and Tier 3 – 40%
• By Designation: C Level – 25%, D Level – 25%, and Others – 50%
• By Region: Asia Pacific – 40%, Europe – 25%, North America – 22%, Middle East & Africa – 8%, and South America – 5%

Furthermore, as part of the qualitative analysis, the research provides a comprehensive review of the market drivers, restraints, opportunities, and challenges. It also discusses competitive strategies adopted by various market players such as Inpro/Seal (US), The Timken Company (US), Aesseal (UK), Parker Hannifin (US), Flowserve Corporation (US), Garlock Sealing Technologies (US), John Crane (US), Baldor Electric Company, Inc., (US), Elliott Group (US), Advance Sealing International (US), Beacon Gasket & Seals Co. (US), IsoMag Corporation (US), etc.
Research Coverage:

The report defines, segments, and projects the bearing isolators market based on material type, end-use industry, and region. It provides detailed information regarding the significant factors influencing the growth of the market, such as drivers, restraints, opportunities, and industry-specific challenges. It strategically profiles key players and comprehensively analyzes their market shares and core competencies as well as tracks and analyzes competitive developments such as new product launches in the market.

Reasons to buy the report:
The report will help market leaders/new entrants in this market by providing them the closest approximations of revenues of the bearing isolators market and its subsegments. This report will also help stakeholders better understand the competitor landscape, gain more insights to position their businesses better and make suitable go-to-market strategies. The report will help stakeholders understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 16
1.3.1 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 17
1.5 STAKEHOLDERS 17
1.6 LIMITATIONS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primary interviews 21
2.2 MARKET SIZE ESTIMATION 22
2.2.1 BOTTOM-UP APPROACH 22
2.2.2 TOP-DOWN APPROACH 23
2.3 DATA TRIANGULATION 24
2.4 ASSUMPTIONS 25
3 EXECUTIVE SUMMARY 26
4 PREMIUM INSIGHTS 31
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE BEARING ISOLATORS MARKET 31
4.2 BEARING ISOLATORS MARKET, BY MATERIAL TYPE 32
4.3 BEARING ISOLATORS MARKET, BY END-USE INDUSTRY AND MATERIAL TYPE 33
4.4 BEARING ISOLATORS MARKET, BY END-USE INDUSTRY 34
4.5 BEARING ISOLATORS MARKET: DEVELOPING VS DEVELOPED NATIONS 34
4.6 BEARING ISOLATORS MARKET GROWTH 35

5 MARKET OVERVIEW 36
5.1 INTRODUCTION 36
5.2 MARKET DYNAMICS 36
5.2.1 DRIVERS 37
5.2.1.1 Growing demand for bearing isolators from emerging countries 37
5.2.1.2 Rising awareness about the benefits of bearing isolators 37
5.2.2 RESTRAINTS 38
5.2.2.1 High price of bearing isolators as compared to contact type sealing products 38
5.2.3 OPPORTUNITIES 38
5.2.3.1 Increasing use of bearing isolators in rotating equipment 38
5.2.3.2 Minimum failure rate of bearing isolators 39
5.2.4 CHALLENGES 39
5.2.4.1 Volatility of raw material prices 39
5.3 PORTER’S FIVE FORCES ANALYSIS 40
5.3.1 THREAT OF NEW ENTRANTS 41
5.3.2 THREAT OF SUBSTITUTES 41
5.3.3 BARGAINING POWER OF SUPPLIERS 42
5.3.4 BARGAINING POWER OF BUYERS 42
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 43
5.4 ECONOMIC INDICATORS 43
5.4.1 OIL & GAS 43
5.4.2 MANUFACTURING 44
6 BEARING ISOLATORS MARKET, BY MATERIAL TYPE 46
6.1 INTRODUCTION 47
6.2 METALLIC BEARING ISOLATOR 48
6.3 NON-METALLIC BEARING ISOLATOR 49
7 BEARING ISOLATORS MARKET, BY END-USE INDUSTRY 50
7.1 INTRODUCTION 51
7.2 OIL & GAS 52
7.3 CHEMICAL PROCESSING 53
7.4 MINING 54
7.5 PAPER & PULP 54
7.6 METAL PROCESSING 55
7.7 MANUFACTURING & PROCESSING 56
7.8 OTHERS 57

8 BEARING ISOLATORS MARKET, BY REGION 58
8.1 INTRODUCTION 59
8.2 ASIA PACIFIC 60
8.2.1 CHINA 64
8.2.2 JAPAN 65
8.2.3 INDIA 66
8.2.4 SOUTH KOREA 67
8.2.5 INDONESIA 68
8.2.6 AUSTRALIA 69
8.2.7 MALAYSIA 70
8.2.8 REST OF ASIA PACIFIC 71
8.3 EUROPE 72
8.3.1 GERMANY 75
8.3.2 FRANCE 76
8.3.3 UK 78
8.3.4 NETHERLANDS 79
8.3.5 RUSSIA 80
8.3.6 SPAIN 81
8.3.7 REST OF EUROPE 82
8.4 NORTH AMERICA 83
8.4.1 US 86
8.4.2 CANADA 87
8.4.3 MEXICO 89
8.5 MIDDLE EAST & AFRICA 90
8.5.1 SAUDI ARABIA 92
8.5.2 QATAR 94
8.5.3 KUWAIT 95
8.5.4 REST OF MIDDLE EAST & AFRICA 96
8.6 SOUTH AMERICA 97
8.6.1 BRAZIL 100
8.6.2 ARGENTINA 101
8.6.3 CHILE 102
8.6.4 REST OF SOUTH AMERICA 103
9 COMPETITIVE LANDSCAPE 105
9.1 OVERVIEW 105
9.2 MARKET RANKING ANALYSIS 105
9.3 COMPETITIVE SECNARIO 106
9.3.1 NEW PRODUCT LAUNCHES 106

10 COMPANY PROFILES 108
(Overview, Financial*, Products & Services, Strategy, and Developments)
10.1 INPRO/SEAL 108
10.2 THE TIMKEN COMPANY 110
10.3 AESSEAL 112
10.4 PARKER HANNIFIN 114
10.5 FLOWSERVE CORPORATION 116
10.6 GARLOCK SEALING TECHNOLOGIES 118
10.7 JOHN CRANE 119
10.8 BALDOR ELECTRIC COMPANY 120
10.9 ELLIOTT GROUP 121
10.10 ADVANCED SEALING INTERNATIONAL 122
10.11 BEACON GASKET & SEALS CO. 123
10.12 ISOMAG CORPORATION 124
*Details might not be captured in case of unlisted companies
11 APPENDIX 125
11.1 DISCUSSION GUIDE 125
11.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 128
11.3 AVAILABLE CUSTOMIZATIONS 130
11.4 RELATED REPORTS 130
11.5 AUTHOR DETAILS 131

Shibuya data count

Shibuya Data Count is a reseller offering a variety of market research reports from different industries, provided by a global team of experienced research professionals who ensure the most reliable and up-to-date research analysis reports.

Recommended reports

+