Date: 2013-07-31

Global Demand for Various Types of Plain Bearings will Reach $80 Billion by 2014

In recent years, China's equipment manufacturing industry has maintained rapid growth, especially for electric motors, power generation equipment, pumps, blowers, compressors and other industries, which has provided a broad market space for the development of plain bearing industry.

Bearings have entered the history stage accompanied by the emergency of human industrial civilization. According to the forecast & analysis report on global bearing market released this June, the global demand for variuos types of plain bearings is expected to grow at an annual rate of 8.5%, thus to achieve about $ 80 billion by 2014.

In addition, there is report predicts that bearing demand in China will rank first at the average annual grow rate of 12%, meanwhile bearing demand also rapidly increased in Asia-Pacific regions.

Previous: Shenke Slide Bearing Debut On SME Board
Next: Baosteel Truck Crankshaft Steel Sells Well in the Northern Region

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
KT303620 IKO	30	36	20
KT354013 IKO	35	40	13

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.