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Plastic Gears Market, Global Outlook and Forecast 2023-2029

Plastic Gears Market, Global Outlook and Forecast 2023-2029

  • Published on : 28 March 2023
  • Pages :127
  • Report Code:SMR-7618012

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Report overview

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.
This report aims to provide a comprehensive presentation of the global market for Plastic Gears, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plastic Gears. This report contains market size and forecasts of Plastic Gears in global, including the following market information:
  • Global Plastic Gears Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Plastic Gears Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Plastic Gears companies in 2022 (%)
The global Plastic Gears market was valued at US$ 445.9 million in 2022 and is projected to reach US$ 595.2 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Plastic Gears market include Vigor Precision Limited, IMS Gear, Creative & Bright Group, etc. The top 3 players occupy about 35% shares of the whole market. Asia Pacific and Europe are main markets, they occupy about 80% of the global market. POM Plastic Gears and Nylon Resin Plastic Gears are main types, with a share about 80%. Automobile Industry and Electronic and Electrical Appliances are main applications, which hold a share about 70%.
We surveyed the Plastic Gears manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Plastic Gears Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plastic Gears Market Segment Percentages, by Type, 2022 (%)
  • POM Plastic Gears
  • PBT Plastic Gears
  • Nylon Resin Plastic Gears
  • PET Plastic Gears
  • PC Plastic Gears
  • High Performance Plastics Gears
  • Others
Global Plastic Gears Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plastic Gears Market Segment Percentages, by Application, 2022 (%)
  • Automobile Industry
  • Electronic and Electrical Appliances
  • Industrial Equipment
  • Medical Industry
  • Others
Global Plastic Gears Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Plastic Gears Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Plastic Gears revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Plastic Gears revenues share in global market, 2022 (%)
  • Key companies Plastic Gears sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Plastic Gears sales share in global market, 2022 (%)
  • Further, the report presents profiles of competitors in the market, key players include:
  • 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
  • Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Plastic Gears, market overview.
  • Chapter 2: Global Plastic Gears market size in revenue and volume.
  • Chapter 3: Detailed analysis of Plastic Gears manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Plastic Gears in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Plastic Gears capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.