High Carbon Bearing Steel Market

Jun 2022| FMI1889A| Future Markets Insights

Report Highlights

High Carbon Bearing Steel Market: Introduction

Bearing as an equipment is an integral part of numerous industries to achieve optimum and efficient results. Selecting the material during the bearing fabrication is one of the key factors that helps to decide the degree of performance of the bearing. High carbon bearing steel as a material is witnessing increased adoption & attraction in bearing manufacturing. Numerous attributes of high carbon bearing steel such as high load bearing capacity and extensive temperature range of operation are expected to fuel the growth of the global market. High carbon bearing steel enables high level of efficacy in bearings, which further results in the reduction of resistance and increases the mobility or functioning of the component, and further assists in efficient working of the machineries.

The bearings fabricated through high carbon bearing steel help in reducing downtime & maintenance time in various end-use industries, which reduces the overall operating cost & increases the productivity. In the commercial market place there are many types of high carbon bearing steel materials available, out of which high carbon chromium bearing steel and high carbon stainless bearing steel are the most adopted ones in the global market. The mixture of chromium & stainless is also used in order to give increase the efficacy of high carbon bearing steel material. The mixture ratio of the materials keeps on changing according to the demand from the end users.

High Carbon Bearing Steel Market: Dynamics

The high carbon bearing steel is experiencing significant demand from the past few years, which is expected to drive the growth of the high carbon bearing steel market during the forecast period. There are numerous factors that implicit the increased sales volume of high carbon bearing steels such as their better high load bearing capacity & ability working efficiently at elevated temperatures. Due to the abovementioned properties, high carbon bearing steel is turning over as a choice of material for the fabrication of bearings, thus creating substantial sales revenue in the global market. Expansion of the automotive, manufacturing and chemical industries is creating substantial growth opportunities for the suppliers of high carbon bearing steel.

Several bearing manufacturers are implementing new business models as a part of their enterprise strategy, these manufacturers are doing backward integration and establishing their in-house capabilities for high carbon bearing steel processing, which enables quick turnaround time in the whole supple chain of high carbon bearing steel market. However, volatile raw material prices and requirement of high capital for the processing of high carbon bearing steel are factors expected to negatively impact the growth of the overall market.

On the basis of Product type, the high carbon bearing steel market can be segmented as:

  • High Carbon Chromium Bearing Steel
  • High Carbon Stainless Bearing Steel

On the basis of Application, the high carbon bearing steel market can be segmented as:

  • Deep Groove Ball Bearing
  • Cylindrical Roller Bearing
  • Spherical Roller Bearing
  • Angular Contact Ball Bearing
  • Tapered Roller Bearing
  • Thrust Ball Bearing
  • Thrust Spherical Roller Bearing

High Carbon Bearing Steel Market: Regional Trends

Low manufacturing cost for the fabrication of bearing in China is expected to create substantial growth opportunities for the manufacturers, and is expected to drive the growth of the market. South East Asia Pacific is on the same track as of China in terms of growth as the region is involved in large production of bearings. Western Europe has substantial production capacity of bearings, which is expected to fuel the growth of the high carbon bearing steel market in the region. With growing automotive and marine industries in North America, the region is expected to hold significant share in the global high carbon bearing steel market. Latin America, Eastern Europe & MEA are considered as the low volume–high growth markets.

Examples of some of the market participants in the global high carbon bearing steel market identified across the value chain include:

  • OVAKO
  • Sanyo Special Steel
  • CITIC Special Steel Group
  • Dongbei Special Steel
  • Juneng
  • Nanjing Iron & Steel United Co., Ltd.
  • JIYUAN Iron &Steel

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaustive analysis on:

  • High Carbon Bearing Steel Market Segments
  • High Carbon Bearing Steel Market Dynamics
  • High Carbon Bearing Steel Market Size
  • High Carbon Bearing Steel Market Supply & Demand
  • Current Trends/Issues/Challenges pertaining to High Carbon Bearing Steel Market
  • Competition & Companies involved in High Carbon Bearing Steel Market
  • Technology related to High Carbon Bearing Steel Market
  • Value Chain associated to High Carbon Bearing Steel Market

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • China
  • India
  • SEAP ( India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The High Carbon Bearing Steel market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with High Carbon Bearing Steel market attractiveness as per segments. The report also maps the qualitative impact of various market factors on High Carbon Bearing Steel market segments and geographies.

 

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2022-2032
Units considered $ Million
Segments covered By Application, By Product Type, By Region
Industry covered Chemicals & Materials
Countries covered North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, Middle East & Africa
Companies studied
  • OVAKO
  • JIYUAN Iron & Steel
  • CITIC Special Steel Group
  • Dongbei Special Steel
  • Juneng
  • Sanyo Special Steel
  • Nanjing Iron & Steel United Co., Ltd.

Report Highlights:

  • Detailed overview of parent market
  • Changing High Carbon Bearing Steel market dynamics in the industry
  • In-depth High Carbon Bearing Steel market segmentation
  • Historical, current, and projected market size in terms of volume and value of High Carbon Bearing Steel
  • Recent industry trends and developments in High Carbon Bearing Steel market
  • Competitive landscape of High Carbon Bearing Steel Market
  • Strategies of key players and products offered in High Carbon Bearing Steel
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on High Carbon Bearing Steel market performance
  • Must-have information for High Carbon Bearing Steel market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

  • Table 1 : Global High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Region, 2017-2032
  • Table 2 : Global High Carbon Bearing Steel Market Volume (Tons) Forecast by Region, 2017-2032
  • Table 3 : Global High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 4 : Global High Carbon Bearing Steel Market Volume (Tons) Forecast by Product Type, 2017-2032
  • Table 5 : Global High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 6 : Global High Carbon Bearing Steel Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 7 : North America High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 8 : North America High Carbon Bearing Steel Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 9 : North America High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 10 : North America High Carbon Bearing Steel Market Volume (Tons) Forecast by Product Type, 2017-2032
  • Table 11 : North America High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 12 : North America High Carbon Bearing Steel Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 13 : Latin America High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 14 : Latin America High Carbon Bearing Steel Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 15 : Latin America High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 16 : Latin America High Carbon Bearing Steel Market Volume (Tons) Forecast by Product Type, 2017-2032
  • Table 17 : Latin America High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 18 : Latin America High Carbon Bearing Steel Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 19 : Europe High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 20 : Europe High Carbon Bearing Steel Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 21 : Europe High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 22 : Europe High Carbon Bearing Steel Market Volume (Tons) Forecast by Product Type, 2017-2032
  • Table 23 : Europe High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 24 : Europe High Carbon Bearing Steel Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 25 : Asia Pacific High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 26 : Asia Pacific High Carbon Bearing Steel Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 27 : Asia Pacific High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 28 : Asia Pacific High Carbon Bearing Steel Market Volume (Tons) Forecast by Product Type, 2017-2032
  • Table 29 : Asia Pacific High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 30 : Asia Pacific High Carbon Bearing Steel Market Volume (Tons) Forecast by Application, 2017-2032
  • Table 31 : MEA High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Country, 2017-2032
  • Table 32 : MEA High Carbon Bearing Steel Market Volume (Tons) Forecast by Country, 2017-2032
  • Table 33 : MEA High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Product Type, 2017-2032
  • Table 34 : MEA High Carbon Bearing Steel Market Volume (Tons) Forecast by Product Type, 2017-2032
  • Table 35 : MEA High Carbon Bearing Steel Market Value (US$ Mn) Forecast by Application, 2017-2032
  • Table 36 : MEA High Carbon Bearing Steel Market Volume (Tons) Forecast by Application, 2017-2032
  • Figure 1 : Global High Carbon Bearing Steel Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 2 : Global High Carbon Bearing Steel Market Value (US$ Mn) by Application, 2022-2032
  • Figure 3 : Global High Carbon Bearing Steel Market Value (US$ Mn) by Region, 2022-2032
  • Figure 4 : Global High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Region, 2017-2032
  • Figure 5 : Global High Carbon Bearing Steel Market Volume (Tons) Analysis by Region, 2017-2032
  • Figure 6 : Global High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Region, 2022-2032
  • Figure 7 : Global High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Region, 2022-2032
  • Figure 8 : Global High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 9 : Global High Carbon Bearing Steel Market Volume (Tons) Analysis by Product Type, 2017-2032
  • Figure 10 : Global High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 11 : Global High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 12 : Global High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 13 : Global High Carbon Bearing Steel Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 14 : Global High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 15 : Global High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 16 : Global High Carbon Bearing Steel Market Attractiveness by Product Type, 2022-2032
  • Figure 17 : Global High Carbon Bearing Steel Market Attractiveness by Application, 2022-2032
  • Figure 18 : Global High Carbon Bearing Steel Market Attractiveness by Region, 2022-2032
  • Figure 19 : North America High Carbon Bearing Steel Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 20 : North America High Carbon Bearing Steel Market Value (US$ Mn) by Application, 2022-2032
  • Figure 21 : North America High Carbon Bearing Steel Market Value (US$ Mn) by Country, 2022-2032
  • Figure 22 : North America High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 23 : North America High Carbon Bearing Steel Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 24 : North America High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 25 : North America High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 26 : North America High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 27 : North America High Carbon Bearing Steel Market Volume (Tons) Analysis by Product Type, 2017-2032
  • Figure 28 : North America High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 29 : North America High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 30 : North America High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 31 : North America High Carbon Bearing Steel Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 32 : North America High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 33 : North America High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 34 : North America High Carbon Bearing Steel Market Attractiveness by Product Type, 2022-2032
  • Figure 35 : North America High Carbon Bearing Steel Market Attractiveness by Application, 2022-2032
  • Figure 36 : North America High Carbon Bearing Steel Market Attractiveness by Country, 2022-2032
  • Figure 37 : Latin America High Carbon Bearing Steel Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 38 : Latin America High Carbon Bearing Steel Market Value (US$ Mn) by Application, 2022-2032
  • Figure 39 : Latin America High Carbon Bearing Steel Market Value (US$ Mn) by Country, 2022-2032
  • Figure 40 : Latin America High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 41 : Latin America High Carbon Bearing Steel Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 42 : Latin America High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 43 : Latin America High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 44 : Latin America High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 45 : Latin America High Carbon Bearing Steel Market Volume (Tons) Analysis by Product Type, 2017-2032
  • Figure 46 : Latin America High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 47 : Latin America High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 48 : Latin America High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 49 : Latin America High Carbon Bearing Steel Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 50 : Latin America High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 51 : Latin America High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 52 : Latin America High Carbon Bearing Steel Market Attractiveness by Product Type, 2022-2032
  • Figure 53 : Latin America High Carbon Bearing Steel Market Attractiveness by Application, 2022-2032
  • Figure 54 : Latin America High Carbon Bearing Steel Market Attractiveness by Country, 2022-2032
  • Figure 55 : Europe High Carbon Bearing Steel Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 56 : Europe High Carbon Bearing Steel Market Value (US$ Mn) by Application, 2022-2032
  • Figure 57 : Europe High Carbon Bearing Steel Market Value (US$ Mn) by Country, 2022-2032
  • Figure 58 : Europe High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 59 : Europe High Carbon Bearing Steel Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 60 : Europe High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 61 : Europe High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 62 : Europe High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 63 : Europe High Carbon Bearing Steel Market Volume (Tons) Analysis by Product Type, 2017-2032
  • Figure 64 : Europe High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 65 : Europe High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 66 : Europe High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 67 : Europe High Carbon Bearing Steel Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 68 : Europe High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 69 : Europe High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 70 : Europe High Carbon Bearing Steel Market Attractiveness by Product Type, 2022-2032
  • Figure 71 : Europe High Carbon Bearing Steel Market Attractiveness by Application, 2022-2032
  • Figure 72 : Europe High Carbon Bearing Steel Market Attractiveness by Country, 2022-2032
  • Figure 73 : Asia Pacific High Carbon Bearing Steel Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 74 : Asia Pacific High Carbon Bearing Steel Market Value (US$ Mn) by Application, 2022-2032
  • Figure 75 : Asia Pacific High Carbon Bearing Steel Market Value (US$ Mn) by Country, 2022-2032
  • Figure 76 : Asia Pacific High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 77 : Asia Pacific High Carbon Bearing Steel Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 78 : Asia Pacific High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 79 : Asia Pacific High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 80 : Asia Pacific High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 81 : Asia Pacific High Carbon Bearing Steel Market Volume (Tons) Analysis by Product Type, 2017-2032
  • Figure 82 : Asia Pacific High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 83 : Asia Pacific High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 84 : Asia Pacific High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 85 : Asia Pacific High Carbon Bearing Steel Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 86 : Asia Pacific High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 87 : Asia Pacific High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 88 : Asia Pacific High Carbon Bearing Steel Market Attractiveness by Product Type, 2022-2032
  • Figure 89 : Asia Pacific High Carbon Bearing Steel Market Attractiveness by Application, 2022-2032
  • Figure 90 : Asia Pacific High Carbon Bearing Steel Market Attractiveness by Country, 2022-2032
  • Figure 91 : MEA High Carbon Bearing Steel Market Value (US$ Mn) by Product Type, 2022-2032
  • Figure 92 : MEA High Carbon Bearing Steel Market Value (US$ Mn) by Application, 2022-2032
  • Figure 93 : MEA High Carbon Bearing Steel Market Value (US$ Mn) by Country, 2022-2032
  • Figure 94 : MEA High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Country, 2017-2032
  • Figure 95 : MEA High Carbon Bearing Steel Market Volume (Tons) Analysis by Country, 2017-2032
  • Figure 96 : MEA High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Country, 2022-2032
  • Figure 97 : MEA High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Country, 2022-2032
  • Figure 98 : MEA High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Product Type, 2017-2032
  • Figure 99 : MEA High Carbon Bearing Steel Market Volume (Tons) Analysis by Product Type, 2017-2032
  • Figure 100 : MEA High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Product Type, 2022-2032
  • Figure 101 : MEA High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Product Type, 2022-2032
  • Figure 102 : MEA High Carbon Bearing Steel Market Value (US$ Mn) Analysis by Application, 2017-2032
  • Figure 103 : MEA High Carbon Bearing Steel Market Volume (Tons) Analysis by Application, 2017-2032
  • Figure 104 : MEA High Carbon Bearing Steel Market Value Share (%) and BPS Analysis by Application, 2022-2032
  • Figure 105 : MEA High Carbon Bearing Steel Market Y-o-Y Growth (%) Projections by Application, 2022-2032
  • Figure 106 : MEA High Carbon Bearing Steel Market Attractiveness by Product Type, 2022-2032
  • Figure 107 : MEA High Carbon Bearing Steel Market Attractiveness by Application, 2022-2032
  • Figure 108 : MEA High Carbon Bearing Steel Market Attractiveness by Country, 2022-2032

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