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Global Bearing Steel Market Research Report 2025
Synopsis
Bearing steel is one kind of special steel with features of high wear resistance and rolling fatigue strength.
The global Bearing Steel market was valued at US$ 6615 million in 2023 and is anticipated to reach US$ 7771.2 million by 2030, witnessing a CAGR of 2.3% during the forecast period 2024-2030.
Leading manufacturers in the sector are CITIC Steel, Nippon Steel and Sanyo Special steel, with revenues of 14.83%, 7.37% and 6.98% in 2019.
This report aims to provide a comprehensive presentation of the global market for Bearing Steel, 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 Bearing Steel.
Report Scope
The Bearing Steel market size, estimations, and forecasts are provided in terms of output/shipments (Kiloton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Bearing Steel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Bearing Steel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
CITIC Steel
Nippon Steel
Sanyo Special Steel
Saarstahl
POSCO
Dongbei Special Steel
JFE Steel
Kobe Steel
SeAH
Carpenter Technology
Shandong Shouguang Juneng
Nanjing Iron and Steel
Benxi Steel Group
HBIS GROUP
Jiyuan Iron and Steel Group
Suzhou Steel GROUP
Baoshan Steel
Aichi Steel
Dongil Industries
OVAKO
Segment by Type
High-carbon Chromium Bearing Steel
Carburizing Bearing Steel
Others
Segment by Application
Bearing Rings
Rolling Body
Cage
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Bearing Steel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Bearing Steel by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Bearing Steel 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Bearing steel is one kind of special steel with features of high wear resistance and rolling fatigue strength.
The global Bearing Steel market was valued at US$ 6615 million in 2023 and is anticipated to reach US$ 7771.2 million by 2030, witnessing a CAGR of 2.3% during the forecast period 2024-2030.
Leading manufacturers in the sector are CITIC Steel, Nippon Steel and Sanyo Special steel, with revenues of 14.83%, 7.37% and 6.98% in 2019.
This report aims to provide a comprehensive presentation of the global market for Bearing Steel, 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 Bearing Steel.
Report Scope
The Bearing Steel market size, estimations, and forecasts are provided in terms of output/shipments (Kiloton) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Bearing Steel market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Bearing Steel manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
CITIC Steel
Nippon Steel
Sanyo Special Steel
Saarstahl
POSCO
Dongbei Special Steel
JFE Steel
Kobe Steel
SeAH
Carpenter Technology
Shandong Shouguang Juneng
Nanjing Iron and Steel
Benxi Steel Group
HBIS GROUP
Jiyuan Iron and Steel Group
Suzhou Steel GROUP
Baoshan Steel
Aichi Steel
Dongil Industries
OVAKO
Segment by Type
High-carbon Chromium Bearing Steel
Carburizing Bearing Steel
Others
Segment by Application
Bearing Rings
Rolling Body
Cage
Others
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Bearing Steel manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Bearing Steel by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Bearing Steel 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Bearing Steel Market Overview
1.1 Product Definition
1.2 Bearing Steel Segment by Type
1.2.1 Global Bearing Steel Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 High-carbon Chromium Bearing Steel
1.2.3 Carburizing Bearing Steel
1.2.4 Others
1.3 Bearing Steel Segment by Application
1.3.1 Global Bearing Steel Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Bearing Rings
1.3.3 Rolling Body
1.3.4 Cage
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Bearing Steel Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Bearing Steel Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Bearing Steel Production Estimates and Forecasts (2019-2030)
1.4.4 Global Bearing Steel Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Bearing Steel Production Market Share by Manufacturers (2019-2024)
2.2 Global Bearing Steel Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Bearing Steel, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Bearing Steel Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Bearing Steel Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Bearing Steel, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Bearing Steel, Product Offered and Application
2.8 Global Key Manufacturers of Bearing Steel, Date of Enter into This Industry
2.9 Bearing Steel Market Competitive Situation and Trends
2.9.1 Bearing Steel Market Concentration Rate
2.9.2 Global 5 and 10 Largest Bearing Steel Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Bearing Steel Production by Region
3.1 Global Bearing Steel Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Bearing Steel Production Value by Region (2019-2030)
3.2.1 Global Bearing Steel Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Bearing Steel by Region (2025-2030)
3.3 Global Bearing Steel Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Bearing Steel Production by Region (2019-2030)
3.4.1 Global Bearing Steel Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Bearing Steel by Region (2025-2030)
3.5 Global Bearing Steel Market Price Analysis by Region (2019-2024)
3.6 Global Bearing Steel Production and Value, Year-over-Year Growth
3.6.1 North America Bearing Steel Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Bearing Steel Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Bearing Steel Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Bearing Steel Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Bearing Steel Production Value Estimates and Forecasts (2019-2030)
4 Bearing Steel Consumption by Region
4.1 Global Bearing Steel Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Bearing Steel Consumption by Region (2019-2030)
4.2.1 Global Bearing Steel Consumption by Region (2019-2024)
4.2.2 Global Bearing Steel Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Bearing Steel Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Bearing Steel Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Bearing Steel Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Bearing Steel Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Bearing Steel Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Bearing Steel Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Bearing Steel Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Bearing Steel Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Bearing Steel Production by Type (2019-2030)
5.1.1 Global Bearing Steel Production by Type (2019-2024)
5.1.2 Global Bearing Steel Production by Type (2025-2030)
5.1.3 Global Bearing Steel Production Market Share by Type (2019-2030)
5.2 Global Bearing Steel Production Value by Type (2019-2030)
5.2.1 Global Bearing Steel Production Value by Type (2019-2024)
5.2.2 Global Bearing Steel Production Value by Type (2025-2030)
5.2.3 Global Bearing Steel Production Value Market Share by Type (2019-2030)
5.3 Global Bearing Steel Price by Type (2019-2030)
6 Segment by Application
6.1 Global Bearing Steel Production by Application (2019-2030)
6.1.1 Global Bearing Steel Production by Application (2019-2024)
6.1.2 Global Bearing Steel Production by Application (2025-2030)
6.1.3 Global Bearing Steel Production Market Share by Application (2019-2030)
6.2 Global Bearing Steel Production Value by Application (2019-2030)
6.2.1 Global Bearing Steel Production Value by Application (2019-2024)
6.2.2 Global Bearing Steel Production Value by Application (2025-2030)
6.2.3 Global Bearing Steel Production Value Market Share by Application (2019-2030)
6.3 Global Bearing Steel Price by Application (2019-2030)
7 Key Companies Profiled
7.1 CITIC Steel
7.1.1 CITIC Steel Bearing Steel Corporation Information
7.1.2 CITIC Steel Bearing Steel Product Portfolio
7.1.3 CITIC Steel Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.1.4 CITIC Steel Main Business and Markets Served
7.1.5 CITIC Steel Recent Developments/Updates
7.2 Nippon Steel
7.2.1 Nippon Steel Bearing Steel Corporation Information
7.2.2 Nippon Steel Bearing Steel Product Portfolio
7.2.3 Nippon Steel Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Nippon Steel Main Business and Markets Served
7.2.5 Nippon Steel Recent Developments/Updates
7.3 Sanyo Special Steel
7.3.1 Sanyo Special Steel Bearing Steel Corporation Information
7.3.2 Sanyo Special Steel Bearing Steel Product Portfolio
7.3.3 Sanyo Special Steel Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Sanyo Special Steel Main Business and Markets Served
7.3.5 Sanyo Special Steel Recent Developments/Updates
7.4 Saarstahl
7.4.1 Saarstahl Bearing Steel Corporation Information
7.4.2 Saarstahl Bearing Steel Product Portfolio
7.4.3 Saarstahl Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Saarstahl Main Business and Markets Served
7.4.5 Saarstahl Recent Developments/Updates
7.5 POSCO
7.5.1 POSCO Bearing Steel Corporation Information
7.5.2 POSCO Bearing Steel Product Portfolio
7.5.3 POSCO Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.5.4 POSCO Main Business and Markets Served
7.5.5 POSCO Recent Developments/Updates
7.6 Dongbei Special Steel
7.6.1 Dongbei Special Steel Bearing Steel Corporation Information
7.6.2 Dongbei Special Steel Bearing Steel Product Portfolio
7.6.3 Dongbei Special Steel Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Dongbei Special Steel Main Business and Markets Served
7.6.5 Dongbei Special Steel Recent Developments/Updates
7.7 JFE Steel
7.7.1 JFE Steel Bearing Steel Corporation Information
7.7.2 JFE Steel Bearing Steel Product Portfolio
7.7.3 JFE Steel Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.7.4 JFE Steel Main Business and Markets Served
7.7.5 JFE Steel Recent Developments/Updates
7.8 Kobe Steel
7.8.1 Kobe Steel Bearing Steel Corporation Information
7.8.2 Kobe Steel Bearing Steel Product Portfolio
7.8.3 Kobe Steel Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Kobe Steel Main Business and Markets Served
7.7.5 Kobe Steel Recent Developments/Updates
7.9 SeAH
7.9.1 SeAH Bearing Steel Corporation Information
7.9.2 SeAH Bearing Steel Product Portfolio
7.9.3 SeAH Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.9.4 SeAH Main Business and Markets Served
7.9.5 SeAH Recent Developments/Updates
7.10 Carpenter Technology
7.10.1 Carpenter Technology Bearing Steel Corporation Information
7.10.2 Carpenter Technology Bearing Steel Product Portfolio
7.10.3 Carpenter Technology Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Carpenter Technology Main Business and Markets Served
7.10.5 Carpenter Technology Recent Developments/Updates
7.11 Shandong Shouguang Juneng
7.11.1 Shandong Shouguang Juneng Bearing Steel Corporation Information
7.11.2 Shandong Shouguang Juneng Bearing Steel Product Portfolio
7.11.3 Shandong Shouguang Juneng Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shandong Shouguang Juneng Main Business and Markets Served
7.11.5 Shandong Shouguang Juneng Recent Developments/Updates
7.12 Nanjing Iron and Steel
7.12.1 Nanjing Iron and Steel Bearing Steel Corporation Information
7.12.2 Nanjing Iron and Steel Bearing Steel Product Portfolio
7.12.3 Nanjing Iron and Steel Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Nanjing Iron and Steel Main Business and Markets Served
7.12.5 Nanjing Iron and Steel Recent Developments/Updates
7.13 Benxi Steel Group
7.13.1 Benxi Steel Group Bearing Steel Corporation Information
7.13.2 Benxi Steel Group Bearing Steel Product Portfolio
7.13.3 Benxi Steel Group Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Benxi Steel Group Main Business and Markets Served
7.13.5 Benxi Steel Group Recent Developments/Updates
7.14 HBIS GROUP
7.14.1 HBIS GROUP Bearing Steel Corporation Information
7.14.2 HBIS GROUP Bearing Steel Product Portfolio
7.14.3 HBIS GROUP Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.14.4 HBIS GROUP Main Business and Markets Served
7.14.5 HBIS GROUP Recent Developments/Updates
7.15 Jiyuan Iron and Steel Group
7.15.1 Jiyuan Iron and Steel Group Bearing Steel Corporation Information
7.15.2 Jiyuan Iron and Steel Group Bearing Steel Product Portfolio
7.15.3 Jiyuan Iron and Steel Group Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Jiyuan Iron and Steel Group Main Business and Markets Served
7.15.5 Jiyuan Iron and Steel Group Recent Developments/Updates
7.16 Suzhou Steel GROUP
7.16.1 Suzhou Steel GROUP Bearing Steel Corporation Information
7.16.2 Suzhou Steel GROUP Bearing Steel Product Portfolio
7.16.3 Suzhou Steel GROUP Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Suzhou Steel GROUP Main Business and Markets Served
7.16.5 Suzhou Steel GROUP Recent Developments/Updates
7.17 Baoshan Steel
7.17.1 Baoshan Steel Bearing Steel Corporation Information
7.17.2 Baoshan Steel Bearing Steel Product Portfolio
7.17.3 Baoshan Steel Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Baoshan Steel Main Business and Markets Served
7.17.5 Baoshan Steel Recent Developments/Updates
7.18 Aichi Steel
7.18.1 Aichi Steel Bearing Steel Corporation Information
7.18.2 Aichi Steel Bearing Steel Product Portfolio
7.18.3 Aichi Steel Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Aichi Steel Main Business and Markets Served
7.18.5 Aichi Steel Recent Developments/Updates
7.19 Dongil Industries
7.19.1 Dongil Industries Bearing Steel Corporation Information
7.19.2 Dongil Industries Bearing Steel Product Portfolio
7.19.3 Dongil Industries Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Dongil Industries Main Business and Markets Served
7.19.5 Dongil Industries Recent Developments/Updates
7.20 OVAKO
7.20.1 OVAKO Bearing Steel Corporation Information
7.20.2 OVAKO Bearing Steel Product Portfolio
7.20.3 OVAKO Bearing Steel Production, Value, Price and Gross Margin (2019-2024)
7.20.4 OVAKO Main Business and Markets Served
7.20.5 OVAKO Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Bearing Steel Industry Chain Analysis
8.2 Bearing Steel Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Bearing Steel Production Mode & Process
8.4 Bearing Steel Sales and Marketing
8.4.1 Bearing Steel Sales Channels
8.4.2 Bearing Steel Distributors
8.5 Bearing Steel Customers
9 Bearing Steel Market Dynamics
9.1 Bearing Steel Industry Trends
9.2 Bearing Steel Market Drivers
9.3 Bearing Steel Market Challenges
9.4 Bearing Steel Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
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