According to the recent study the high performance nylon for tribology market is projected to reach an estimated $446.2 million by 2024, at a CAGR of 4.2% from 2020 to 2025. Growth in this market is primarily driven by increasing demand from automotive industry, replacement of metal in various industries, and growing demand of nylon for tribology application.
Browse 135 figures /
charts and 96 tables in this 210 -page report to understand trends,
opportunities and forecast in high performance nylon for tribology market by
application type (bearings, gears, seals, cams, and brakes), product type
(reinforced nylons, and non-reinforced nylons), and region (North America,
Europe, Asia Pacific, and the Rest of the World).
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view detailed Table of Content by clicking on below link – https://www.lucintel.com/high-performance-nylon-for-tribology-market.aspx
“Bearing market is expected to remain the largest segment during
the forecast period.”
Based on application
type, the high performance nylon for tribology market is segmented into bearings,
gears, seals, cams, and brakes. Lucintel forecasts that the bearings is
expected to witness the largest segment over the forecast period and witness
the highest growth during the forecast period due to increasing demand for self-lubricating
and lightweight bearings. Nylon bearings are self-lubricating and hence no
additional lubrication is required. They have good resistance to corrosion,
light weight, and offer design flexibility.
“Within the high performance
nylon for tribology market, the non-residential segment is expected to remain
the largest product type.”
Based on product type,
the reinforced nylons segment is expected to witness the largest product type
over the forecast period for high performance nylon for tribology market and is
expected to witness the highest growth over the forecast period as reinforced
nylon provides excellent chemical resistance and high temperature resistance,
while enhancing stiffness, strength, and warp resistance. The reinforced nylon
segment is expected to witness the highest growth during the forecast period
because it exhibits better dimensional stability and creep resistance than
non-reinforced nylon.
“Asia Pacific will dominate the high performance nylon for
tribology market in near future.”
Asia Pacific is expected
to be the largest region over the forecast period and witness the highest growth
over the forecast period due to a growing demand of light weight vehicles, focus on
reducing vehicle weight for better fuel efficiency and lower emission is
driving the high performance nylon for tribology market. Expansion of machinery
and motor vehicle production, and strong aftermarket for industrial equipment
and automotive spare parts is also driving the market in APAC region.
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Major players of high performance
nylon for tribology market are adopting various growth strategies like new product
launches, expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. BASF SE, DSM, DuPont,
Mitsubishi Chemical Advance Materials, and Ascend Performance Materials are
among the major high performance nylon for tribology providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/high-performance-nylon-for-tribology-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer
solutions for you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times. For further information, visit www.lucintel.com.
Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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