Global Bearing Isolators Market 2017-2022 by Material Type & End-use Industry – Market to Reach $1.67 Billion – Research and Markets

The "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" report has been added to Research and
Markets' offering.

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.

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. 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. 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.

Factors inhibiting the growth of the bearing isolators market include
volatile raw material prices and the high price of bearing isolators as
compared to other sealing products.

Companies Mentioned

• Advanced Sealing International
• Aesseal
• Baldor Electric Company
• Beacon Gasket & Seals Co.
• Elliott Group
• Flowserve Corporation
• Garlock Sealing Technologies
• Inpro/Seal
• Isomag Corporation
• John Crane
• Parker Hannifin
• The Timken Company

For more information about this report visit https://www.researchandmarkets.com/research/nz8s3b/global_bearing?w=4

View source version on businesswire.com: http://www.businesswire.com/news/home/20180103005554/en/

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