Global Bearing Isolators Market was valued at USD XX Billion in 2019 and is expected to reach USD XX Billion by 2027, at a CAGR of 5.7%.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Bearing isolators help keep lubrication in and contamination out. Bearing isolators do not need lubrication or any kind of shaft finish during operation. Bearing isolators help utilize vapour blocking feature and enables the free transfer of vapour contamination at the time of rotation of the equipment. This advantages over other bearing are driving the bearing isolators market.
Oil & gas is expected to be the fastest-growing end-use industry segment of the bearing isolators market followed by chemical processing. North America is expected to lead the bearing isolators market in 2018 with countries such as Canada and the United States being the major countries boosting this growth. Growth of the bearing isolators market in North America can be attributed, to the rising demand across different end-use industries such as manufacturing & processing, oil & gas, chemical processing, mining, etc. The Asia Pacific is expected to grow at the fastest rate owing to countries like India and China focusing more on the development of the manufacturing sector.
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Bearing Isolators Market, by Material Type:
• Non-metallic
• Metallic
Bearing Isolators Market, by End-use Industry:
• Mining
• Paper & Pulp
• Metal Processing
• Oil & Gas
• Chemical Processing
• Manufacturing & Processing
Bearing Isolators Market, by Region:
• Asia Pacific
• North America
• Europe
• Middle East & Africa
• Latin America
Key Players Operating in the Bearing Isolators Market:
• 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)
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