Global Automotive Thrust Washers Market 2018-2022

Overview of the automotive thrust washers market

Technavio’s automotive thrust washers market research report has identified the growing need for lightweight thrust washers as one of the primary factors that will trigger the automotive thrust washers market growth in the coming years. The increasing use of aluminum over steel to produce automotive thrust washers improves the performance of the thrust washer. End-user industries are the highest adopter of aluminum for several applications such as building, construction, electrical, machinery, automotive, and transportation. Moreover, aluminum exhibits several distinctive features such as lightweight, corrosion resistance, and recyclability. Aluminum alloys weigh half the weight of regular steel due to which, it is extensively used for automotive thrust washers. This enables automobiles to be stronger, safer, and more efficient. Our market research analysts have estimated that this market will grow steadily at a CAGR close to 8% by 2022.

The adoption of self-lubricating thrust washers is one of the key trends in the automotive thrust washers market. The production of self-lubricating thrust washers is increasing due to the emergence of lubrication technology in bearings and washers. They are light in weight and incur low maintenance costs. Moreover, self-lubricating thrust washers have low wear and tear and have the capability to work under specific loads, extreme temperatures, and high speeds. Oil-filled sintered bronze bearings, self-lubricating metal polymer bearings, and lubrication-free solid polymer bearings are some of the self-lubricating bearings found in the thrust bearing market.

What's your takeaway?

Technavio's industry research report on the global automotive thrust washers market 2018-2022 will help you-

• Identify latent opportunities and explorative solutions in the automotive thrust washers market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, applicable across 50+ countries

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Companies covered

The automotive thrust washers market is fragmented due to the presence of several players. This industry research report provides an in-depth analysis of the competitive environment among the players in this thrust bearing market. Moreover, the report also recommends strategies the companies should adopt and the areas they should focus on to sustain the competition in this global market.

The report includes an analysis of a number of companies in this marketspace including -

• BOWMAN International
• DuPont
• National Bearings
• SKF
• Sonnax Industries

Segmentation by end-user and analysis of the automotive thrust washers market

• OEMs
• Aftermarket

The OEMs accounted for the major share of the market during 2017. The enhancement of the material strength will improve the the lifespan of automotive thrust washers. According to our analysts, OEMs will be the major end-user segment to the automotibe thrust washers market during the forecast period as well.

Geographical segmentation and analysis of the automotive thrust washers market

• Americas
• APAC
• EMEA

in terms of geographic regions, APAC accounted for the maximum share of this thrust bearing market during 2017. Our analysts have predicted that the market will witness steady growth in this region during the next five years as well and this will attribute to the rising production of the automotive industry especially in the emerging countries.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global automotive thrust washers market?
• What are the key market trends impacting the growth of the global automotive thrust washers market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive thrust washers market?
• What are the market opportunities and threats faced by the vendors in the global automotive thrust washers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive thrust washers market?

Technavio also offers customization on reports based on specific client requirement.