Global Polymer Bearing Market is majorly driven by the growth of the automotive industry. The global Polymer Bearing Market is segregated by type of material into the following categories: phenolics, nylon, acetal, Teflon, and UHMWPE.

Rising demand for the product from the automobile industry is likely to push the expansion of the polymer bearings market over the forecast period. Due to their varied properties including high corrosion, lightweight bodies, lubricant-free nature, and resistance to fatigue, polymer bearings are extensively employed in the automotive industry. However, the rigid government regulations pertaining to their use in the food packaging and processing industries have restricted the polymer bearings market from further expansion. Furthermore, polymer bearings are economical compared to metal bearings which makes them a favourable alternative.