Bearing Isolators Market Worth 1.67 Billion USD by 2022
PUNE, India, December 18, 2017 /PRNewswire/ --
The report "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" published by MarketsandMarketstm, the 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 its growing demand from end-use industries such as oil & gas, chemical processing, mining, paper & pulp, manufacturing & processing, etc., are the key factors driving the growth of the bearing isolators market globally.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 121 market data Tables and 30 Figures spread through 131 Pages and in-depth TOC on "Bearing Isolators Market"
https://www.marketsandmarkets.com/Market-Reports/bearing-isolator-market-12179696.html
Early buyers will receive 10% customization on this report
Metallic is the fastest-growing material type segment of the Bearing Isolators Market.
Based on material type, the metallic segment is expected to grow at the highest CAGR from 2017 to 2022. Metallic bearing isolators are widely utilized in oil & gas, chemical processing, mining, metal processing, and other industries due to their various properties such high wear resistance, high load carrying capacity, non-sparking, etc.
Get PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=12179696
Oil & gas is the fastest-growing end-use industry of the Bearing Isolators Market.
Based on end-use industry, the oil & gas segment is expected to grow at the highest CAGR from 2017 to 2022. Bearing isolators enhance the performance as well as the life of rotating equipment, such as motors, pumps, agitators, steam turbines, etc. Thus, there is a high demand for bearing isolators in this industry.
Asia Pacific is the fastest-growing market for bearing isolators.
The Bearing Isolators Market in the Asia Pacific region is expected to grow at the highest CAGR during the forecast period. China, Japan, and India are the key countries contributing to the high demand for bearing isolators in the Asia Pacific region. Availability of cheap labor and raw materials in the Asia Pacific region has made it a preferred region for leading manufacturers for the expansion of their business, thus making the region the fastest-growing Bearing Isolators Market. In addition, due to the increasing awareness about the advantages offered by bearing isolators, there is a rise in their demand from various end-use industries such as oil & gas, chemical processing, paper & pulp, mining, metal processing, and manufacturing & processing.
Some of the leading players operating in the Bearing Isolators Market are 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), and IsoMag Corporation (US), etc.
Inquiry before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=12179696
Browse Related Reports
Plain Bearing Market by End User (Automotive, Industrial, Aerospace, Energy, Construction, Oilfield Machinery, Agricultural & Gardening Equipment, Office Products), Type (Journal, Linear, Thrust, Angular Contact), and Region - Global Forecast to 2022
https://www.marketsandmarkets.com/Market-Reports/plain-bearing-market-233063287.html
Polymer Bearing Market by End-Use Industry (Automobile, Medical & Pharmaceutical, Textile, Packaging, Elevator, Food, Office Products, Chemical), Type of Material (Phenolics, Acetal, Nylon, Teflon, UHMWPE), and Region - Global Forecast to 2026
https://www.marketsandmarkets.com/Market-Reports/polymer-bearing-market-46599529.html
Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp
About MarketsandMarketstm
MarketsandMarketstm provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarketstm for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarketstm are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarketstm now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarketstm is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Rohan
MarketsandMarketstm INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
News published on and distributed by:
