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Market Conditions in The Self-lubricating Bearing Industry

Sep 30, 2022

There is still a big gap between China's cognition and application of self-lubricating bearings and developed countries. Before 08 years, in China's self-lubricating bearing industry, export business has always accounted for a large proportion. The financial crisis in 08 had a huge impact on the global economy, so China's self-lubricating bearing industry in 09 had a certain degree of decline. At the same time, China's self-lubricating bearing industry enterprises have also increased efforts to develop and cultivate the domestic market, improve the cognition and application level of self-lubricating bearing products by downstream customers, and tap the application potential of self-lubricating bearing products in the downstream field.


In 2010, China's self-lubricating bearing demand recovered strongly, revived the trend of rapid growth, and the sales revenue of the whole industry in 2011 reached a new high of 3.5 billion yuan. Affected by the dual impact of domestic economic restructuring, elimination of excess capacity and weak recovery of foreign economies, the self-lubricating bearing industry declined in 2012 and 2013, and this trend is temporarily difficult to reverse from the first half of 2014. Self-lubricating bearings have great potential to replace general bearings, and I hope that the improvement of the production and application level of self-lubricating bearings and the expansion of the application field of self-lubricating bearings can bring a new atmosphere to the industry.


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