Global Plastic Gears Market Research Report 2021

Plastic gears have positioned themselves as serious alternatives to traditional metal gears in a wide variety of applications. The use of plastic gears has expanded from low power, precision motion transmission into more demanding power transmission applications. As designers push the limits of acceptable plastic gear applications, more is learned about the behavior of plastics in gearing and how to take advantage of their unique characteristics.

Plastic gears provide a number of advantages over metal gears. They have less weight, lower inertia, and run much quieter than their metal counterparts. Plastic gears often require no lubrication or can be compounded with internal lubricants such as PTFE or silicone. Plastic gears usually have a lower unit cost than metal gears, and can be designed to incorporate other features needed in the assembly (part consolidation). These gears are also resistant to many corrosive environments.

The first use of thermoplastic gears undoubtedly consisted of neat nylon and acetal gears carrying low loads at low speeds. As the advantages of using thermoplastic gears became clearer and new, higher performance materials became available, designers began using plastic gears in more demanding applications. The use of reinforcements and internal lubricants compounded into these materials has expanded their use even more.
Automobile industry; electronic and electrical appliances are the main applications of plastic gears. In 2019, the automobile industry accounted for 43% of the share of the plastic gears consumer market. POM plastic gears are the main type of plastic gears, and POM plastic gears hold 64% of the production market share of plastic gears.
In 2019, the global Fluorene market is led by China. Europe is the second-largest region-wise market.

Market Analysis and Insights: Global Plastic Gears Market
The global Plastic Gears market was valued at US$ 493.6 million in 2019 and it is expected to reach US$ 537.5 million by the end of 2026, growing at a CAGR of 4.4% during 2021-2026.

Global Plastic Gears Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Plastic Gears Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
POM Plastic Gears
PBT Plastic Gears
Nylon Resin Plastic Gears
PET Plastic Gears
PC Plastic Gears
High Performance Plastics Gears
Others

Segment by Application
Automobile Industry
Electronic and Electrical Appliances
Industrial Equipment
Medical Industry
Others

By Company
Vigor Precision Limited
IMS Gear
Creative & Bright Group
San-Tohno Seimitsu Molding
Winzeler Gear
Oechsler AG
ZhongShang Sansei Precision
Plastic Molding Technology
Designatronics
Essentra
Shuanglin Group
Gleason
Kohara Gear Industry
Feng Hua Kedi Plastic Gear
Rush Gears
Seitz LLC
Ningbo Tianlong Electronics
AmTech International
Nozag AG
Shenzhen Huayida Plastic

Production by Region
North America
Europe
China
Japan
India

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E