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Bearing Isolators Market Size, Share and Global Trend By Material Type (Metallic, Non-Metallic), By End-user (Oil & Gas, Chemical, Metal & Mining, Manufacturing & Processing, Paper & Pulp, Others), and Geography Forecast till 2026

Region : Global | Report ID: FBI100985 | Status : Ongoing

 

KEY MARKET INSIGHTS

A bearing isolator can be characterized as a non-wearing, non-contact, and invariable bearing security device. Bearing isolators are the type of equipment which is utilized for lubrication. The bearing isolators help to protect from the contaminants and improve the viability and the adequacy of the machines and furthermore bearing isolator protects from crossing so, it is more efficient.

While utilizing the bearing isolators in machines, which don't require an extra shaft to complete the critical task. The bronze medal is mostly used in the bearing isolators which make the bearing isolator to allow the transfer of vapor contamination while the instrument is conveyed with the contact seal and that incorporates the lip seals and the face seals. The bearing isolator is more economical and durable in nature so, it is widely used in industries.

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On the basis of the material type, the global bearing isolators market can be segmented into Metallic and Non-Metallic. The bronze is widely used for the production of the metallic bearing isolator, and it is considered as standard material. Metallic bearing isolators provide excellent chemical resistance properties. Non-metallic bearing isolators are extraordinarily intended for corrosive situations. Polytetrafluoroethylene is widely used for manufacturing non-metallic isolators. The metallic bearing isolator is expected to dominate the market in the above segment. It is owing to its cost-effective and high wear properties in nature.


On the basis of end-user, the global bearing isolators market is segmented into Oil & Gas, Chemical, Metal & Mining, Paper & Pulp, Manufacturing & Processing, and others. Oil & gas is expected to dominate the market in the above segment. Bearing isolators help increase the Mean Time Between Repair (MTBR) and increase the reliability of your rotating equipment. It is utilized for safety in the oil and gas industry.


The factor that is expected to drive the growth of the global bearing isolators market is owing to rapid industrialization, which fuelled the industrial process. This resulted in an increasing demand for high speed rotating equipment to enhance productivity. Including stringent regulations regarding industrial safety measures, this factor is expected to escalated bearing isolators market. Bearing isolators increase the durability of rotating the industrial device and help to reduce mechanical damage. 


The factor that is expected to restrain the growth of the global bearing isolators market is owing to the instability of raw material price, and bearing isolators are costly as compare to the sealing products.


Key Market Players


Some of the major companies in the global bearing isolators market are Timken Company, AESSEAL, The Flowserve Corporation, Parker Hannifin Corporation, John Crane, Garlock Sealing Technologies, Baldor Electric Company, Elliott Group, Beacon Gasket & Seals Co., Advanced Sealing International, and Isomag Corporation.


SEGMENTATION






















SEGMENTATION



 DETAILS



By Material Type



· Metallic


· Non-Metallic



By End-user



· Oil & Gas


· Chemical


· Metal & Mining


· Manufacturing & Processing


· Paper & Pulp


· Others



By Geography



· North America (USA and Canada)


· Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)


· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)


· Latin America (Brazil, Mexico, and Rest of Latin America)


· Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa)



 


Regional Analysis


The global bearing isolators market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific is expected to the fastest-growing market for the bearing isolator market. Owing to developing and developed countries like China, Japan, and India, these countries have a large number of manufacturing industries. So, bearing isolator is widely used for industrial activities to enhance productivity. North America, the presence of countries like the USA and Canada are the major user of bearing isolators. Owing to a large number of end-user like oil & gas, manufacturing & processing, chemical processing, mining, etc. are present in these countries. This resulted in there is a massive demand for bearing isolators. In Europe, the demand for bearing isolators has been created owing to the presence of a large number of the end-user. In the Middle East & Africa, bearing isolators are widely used by the oil & gas industry. The bearing isolators help increase the Mean Time Between Repair (MTBR) and increase the reliability of your rotating equipment. It is utilized for safety in the oil and gas industry.


Key Industry Developments




  • In Jun 2017, John Crane Asset Management Solutions has secured a three-year contract to provide condition-based maintenance services with a major operator in the UK North Sea. The work covers rotating equipment across 12 assets and infrastructure sites and includes the deployment of a specialist engineer to the operator’s UK offices to support reliability improvement. The worth of the contract is Euro 3 million.
  • In Jun 2016, AESSEA has been awarded a 5 year managed reliability contract for their mechanical seals at Lindsey Oil Refinery. The contract, which was negotiated over 2-year period, will include the supply and repair of the mechanicals seals used on over 600 rotating equipment assets. 
  • In Oct 2016, SABIC has awarded AESSEA a 5 year managed reliability contract for their mechanical seals and seal support systems at Geleen in the Netherlands. The fixed fee contract is based on the Mechanical Seal Reliability Strategy set by SABIC across all of its sites. This includes the supply and repair of the mechanical seals used on over 600 rotating equipment assets.

Bearing Isolators Market Size, Share and Global Industry Trend Forecast till 2026
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