Chemical Management Services (CMS) Market Procurement Intelligence, Dynamic Outlook and Influencing Key Growth till 2025

Chemical management services (CMS) is a business model where a customer purchases chemical services instead of chemicals. In this model, the supplier is compensated based on the quality and quantity of services provided. It helps to reduce chemical lifecycle costs, risks, and environmental impacts. Both supplier and customer achieve benefits through reduced chemical use, cost, and waste. CMS is extensively used across automotive, aerospace, and microelectronics sectors where environmental benefits observed include reduced chemical use, reduced emissions, and reduced waste generation, as well as substantial cost savings. Following are the key services of CMS:

  • Procurement: Best price purchasing, tier 2 supplier management, research on substitutes
  • Inspection: Quality assurance and quality checking
  • Inventory management: Container management, minimalize on-site storage, reduce waste
  • Delivery: Implementing JIT and point-of-use delivery systems
  • Use: Monitoring, controlling, use reduction initiatives, substitution/elimination of chemicals
  • Collection/disposal: Waste collection, transportation and disposal management, recycling

Read report summary or request a free sample copy of the report “Chemical Management Services (CMS) Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025

Demand Outlook

The global chemical management services market is valued at USD 3.8 billion in 2020 and it is expected to grow at a CAGR of 7.5% from 2020 to 2025 due to the increasing adoption of CMS across multiple industries as it helps to reduce cost along with emissions, waste, the number of accidents on-site, and liability for the customers. APAC is leading the global chemical management services market with more than 40% market share followed by North America and Europe. In terms of application, the food and pharmaceutical sectors are the largest customers of the chemical management services market.

Cost Drivers

Chemical management services cost can be categorized into two parts, chemical purchase cost, and chemical management cost. Chemical management costs hold more than 70% of the overall cost of CMS. The major cost drivers in chemical management costs are inventory management, transportation, and EHS data management.

Browse our other Reports:

Key Players:

  • Haas TCM
  • Chemcept
  • PPG Industries
  • Henkel
  • ChemicoMays
  • KMG Chemicals
  • Intertek
  • Quaker Chemical
  • CiDRA
  • SECOA BV
  • Aviall
  • Houghton

Check out the featured Add-on Services offered with Chemical Management Services (CMS) Market Procurement Intelligence Report:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

Market Intelligence involving – market size and forecast, growth factors, and driving trends

Price and Cost Intelligence – pricing models adopted for the category, the total cost of ownership

Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 

Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Car Rental Services Industry Procurement Intelligence, Strategic Insights and key Business Influencing Factors till 2027

The car rental industry has witnessed significant growth in the last ten years due to the increasing penetration of online rental car booking applications. The market is emerging as one of the key segments in the global transportation industry, as car rental services not only benefit customers and rental companies but also car manufacturers. Automotive manufacturers have started leasing cars to small rental companies who increase their fleet size without making large investments.

There has been a significant increase in global travel in the last few years. Global commuters are increasingly demanding familiar, reliable, and high-quality travel services during their travel. Some regional car rental operators are attempting to leverage this trend by expanding their brand and distribution platforms on a global level. The implementation of an integrated global car rental system is expected to enable these operators to manage their widespread business operations.

Read report summary or request a free sample copy of the report “Car Rental Services Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027

Demand Outlook

The global car rental services market was valued at USD 98 billion in 2020 and it is expected to grow at a CAGR of 4-5% from 2020 to 2027. A significant rise in the number of people taking business and leisure trips across the globe is considered a major driving factor. Based on vehicle type, the economy cars segment accounted for the largest share of over 33% in 2020 and is expected to maintain its dominance during the forecast period. However, the executive cars segment is anticipated to register the highest growth rate due to the increasing number of business travelers across the globe, specifically in developing countries. North America is leading the global car rental services market with more than 50% revenue share in 2020 followed by APAC and Europe.

Cost Drivers

Car rental services cost depends on several factors such as location, duration of travel, vehicle type, etc. The cost of rental car services can be segmented into five major categories; rental fees, registration fees, location surcharge, administration fees, and tax. Among these, rental fees is the largest cost component accounted for more than 70% of the overall cost of service. These rental fees include driver fees, fuel costs, insurance, etc. The procurement cost of car rental services have dropped by more than 20% since the beginning of the Covid-19 pandemic.

Browse our other Reports:

Key Players:

  • Avis Budget Group, Inc
  • EuropeCar, Enterprise Holdings, Inc.
  • Hertz System, Inc.
  • Localiza
  • Sixt
  • Carzonrent India Pvt Ltd.
  • Eco Rent a Car
  • ANI Technologies Pvt. Ltd.

The global car rental services industry features a moderately fragmented landscape with leading players contributing less than 40% of the market share. Industry leaders are strengthening their presence through multiple mergers and acquisitions.

Check out the featured Add-on Services offered with Car Rental Services Market Procurement Intelligence Report:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

Market Intelligence involving – market size and forecast, growth factors, and driving trends

Price and Cost Intelligence – pricing models adopted for the category, the total cost of ownership

Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 

Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Automotive Brake Pads Industry Procurement Intelligence, Dynamic Outlook and Influencing Key Growth till 2027

Brake pads are one of the key elements of an automotive braking system. These pads are situated inside the caliper and are the part of the system that clamps down on the rotor. Brake pads are categorized into four major segments.

  • Semi-metallic brake pads: These are 40-50% metal and very durable. It may not function well in extreme, low temperatures. These brake pads are less expensive and easier on the rotors than ceramic brake pads. Semi-metallic brake pads are majorly used on racecars.
  • Ceramic brake pads: These are the most expensive brake pads. It produces less noise compared to other materials. Ceramic brake pads last longer than semi-metallic brake pads.
  • Low-metallic, non-asbestos organic (NAO): These brake pads are noisy and known to let off a lot of brake dust. The copper or steel that is used in these pads helps with heat transfer.
  • Non-asbestos organic: These brake pads are majorly made from organic materials including fiber, glass, rubber, and Kevlar. Non-asbestos organic pads can wear faster and produce a lot of brake dust.

Read report summary or request a free sample copy of the report “Automotive Brake Pads Industry Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2027

Demand Outlook

The global automotive brake pads market was valued at USD 12 billion in 2020 and it is expected to grow at a CAGR of 7-8% from 2020 to 2027. With the growing automotive market in developing countries, the demand for brake pads is expected to grow during the forecast period. APAC is leading the global automotive brake pads market with more than 35% revenue share followed by North America and Europe. Based on material type, ceramic brake pads are estimated to hold the largest share in the global market over the forecast period due to their high stability and property to work in fluctuating temperatures. The demand for ceramic brake pads majorly comes from high-performance vehicle manufacturers as it produces less dust and minimum noise.

Cost Drivers

Raw material costs are the major cost driver of automotive brake pad manufacturing. Automotive brake pads are made from a blend of 10-20 types of raw materials. Some of the key raw materials include phenol resin, steel fiber, copper fiber, iron powder, tin powder, aramid pulp, synthetic graphite, etc. The cost of raw material accounted for more than 60% of the overall cost of production. Many manufacturers have shifted their production base to APAC due to efficient supply of raw material and low production cost.

Browse our other Reports:

Key Players:

  • ACDelco
  • Akebono Brake Industry
  • ATE. Bosch Auto Parts
  • Brakes India Pvt.Ltd.
  • G.U.D Holdings
  • Hindustan Composites Limited
  • Makino Auto Industries Pvt.Ltd
  • MAT Holdings
  • Nisshinbo Group Company
  • Ranbro
  • Brakes India Limited

The global automotive brake pads industry features a highly fragmented landscape with leading players contributing less than 30% of the market share. Industry leaders are strengthening their presence through multiple mergers and acquisitions. 

Check out the featured Add-on Services offered with Automotive Brake Pads Market Procurement Intelligence Report:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

Market Intelligence involving – market size and forecast, growth factors, and driving trends

Price and Cost Intelligence – pricing models adopted for the category, the total cost of ownership

Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 

Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Brewing Market Procurement Intelligence, Supplier Intelligence, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model Till 2025

Brewing is a process of regulating the interactions between water, starch, yeast, and hops to make beer. Following are the basic steps of brewing:

  • A starch source (Grain or barley) is partially germinated or malted and dried. This partial germination allows easy conversion of the grain’s starches into sugars.
  • The malted grains are then introduced to water and heat to enable the natural enzymes in the grain to convert its starches into fermentable sugars. It formed the mash.
  • The mash is then filtered to remove the solids.
  • The remaining liquid is then boiled. Hops can be added either at the beginning of the boil or towards the end based on the type of beer being made. The boiled output is called wort.
  • The wort is filtered and cooled to a specific temperature, at which point yeast is added to begin the fermentation process.
  • Fermentation can be done in a variety of vessels and can be followed by a period of conditioning (further aging away from dead yeast cells) or secondary fermentation (in bottles, e.g.). The outcome of this fermentation is beer.

Read report summary or request a free sample copy of the report “Brewing Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025

Demand Outlook

The global brewing market is expected to be valued at USD 45 billion by 2025 has grown at a CAGR of 7% from 2020 to 2025. The Asia Pacific is the largest geographic segment in the brewing market with a 30% market share. China and India have the largest customer base due to growth in per capita income and the ability to increase the share of wallet towards luxurious lifestyle resulting in a gradual shift of drinking preference towards alcoholic drinks.

Cost Drivers

Malt, hops, yeast is the major ingredients for the brewing process and are key cost drivers of brewing. The industrial brewing cost structure is also driven by packaging cost, marketing cost, and taxes. These three components hold more than 50% of the overall brewing cost.

Browse our other Reports:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

· Market Intelligence involving – market size and forecast, growth factors, and driving trends

· Price and Cost Intelligence – pricing models adopted for the category, the total cost of ownership

· Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

· Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 


Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Energy-as-a-service Market Procurement Intelligence, Cost Structure Intelligence, 2021 – 2027 | Grand View Research, Inc.

Due to growing complexities in energy technologies, customers from different sectors namely: Commercial, Institutional, and Industrial are moving towards outsourcing the service. Resilience, sustainability, and decarburization are also encouraging customers to move out from in-house development. Customers have cited their limited ability to focus on non-core capital expenditure and reluctance to engage in long-term contracts, though they are seeking quick ROI. Hence the suppliers are developing Energy-as-a-service (EaaS) solutions and offering unique financing options to meet client demand.

Energy-as-a-service is an appealing proposition for customers across large, medium, and small businesses. Across all customer segments, an EaaS deal enables customers to transfer risk, simplify operations, and focus on their core business while meeting their efficiency, sustainability, or resilience goals. Through EaaS, customers can also redirect CAPEX resources to critical areas of operation and realize potential immediate cash flow and off-balance-sheet treatment of the transaction.

Read report summary or request a free sample copy of the report “Energy-as-a-service Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2021 – 2027

Demand Outlook

The global EaaS market was valued at USD 59.3 billion as of 2020 and is expected to grow at a CAGR of 8.9% over the forecasted period till 2027. An increase in Distributed Energy Resources (DER), tax benefits for energy efficiency projects, new revenue generation streams for utilities, and a decrease in the cost of renewable power generation and storage solutions are some of the factors driving the growth.

Europe is projected to remain as the largest regional segment for energy as a service, at a market share of 41.85% in 2028, owing to the presence of the intelligent building and building automation vendors in the utility and space. Key players in the region are inclined towards reducing costs for delivering services and enhancing the customer experience as per their needs. Asia Pacific is expected to witness the highest market growth due to the rise in large enterprises. For instance, in 2019, India had more than 300 proposed smart cities projects worth $2 billion.

Cost Drivers

The evolving energy landscape will become more complex as the cost to production comes down, the ability to generate makes a transition to micro levels, and products are serviced on digital platforms. End-users will opt for an aggregating agent to act as a single source point for all their energy-related needs. This will create opportunities for providers who can deliver a streamlined, cost-effective solution to clients, all for a fixed monthly payment.

Browse our other Reports:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

· Market Intelligence involving – market size and forecast, growth factors, and driving trends

· Price and Cost Intelligence – pricing models adopted for the category, the total cost of ownership

· Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

· Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 


Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Corporate Treasury Management Software Market Procurement Intelligence, Outlook And Top Players till 2025 | Grand View Research, Inc.

Corporate treasury management software is an application that aims to automate the process of managing a company’s financials such as cash flows, assets management, investment, earnings, and other such operations. Some of the basic functionalities of treasury management software are to manage cash in real-time, forecast cash flows, payment reconciliation, debt management, managing trade finances and automate other financial service offerings.

Corporate treasury management software providers price their services differently as per their customer’s requirements. One of the most commonly used pricing schemes is fixed pricing. However, these are applied for projects that are small and not complex in nature. Depending upon the complexity of projects, outcome-based or value-based pricing is applied. This pricing scheme is applied mostly for customers with a larger pool of functionalities and higher interdependencies among the functions.

Read report summary or request a free sample copy of the report “Corporate Treasury Management Software Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025” 

Demand Outlook

The global market for corporate treasury management software was valued at USD 1.1 billion in 2020 and it is expected to grow at a CAGR of 6.5% to reach an estimated value of USD 1.5 billion by 2025. While the market is presently driven by both on-premise as well as cloud-based deployments, cloud-based deployments are expected to grow faster than on-premise installations and occupy the majority of the market by 2025. From an end-user perspective, banks are expected to be the largest consumers of corporate treasury management software. Not only would this help them automate several processes but also omit human-related error and reduce time with inter-functional dependencies

Cost Drivers

Two major reasons that are prompting the uptake of corporate treasury management software are the high adoption of automation systems and providing clear and documented audit trails. Both these objectives also come with reducing dependencies among the different functions conducted by an organization and omitting human error. Implementation of blockchain technologies in the future will help in reducing the cost of operation significantly.

Browse our other Reports:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

· Market Intelligence involving – market size and forecast, growth factors, and driving trends

· Price and Cost Intelligence – pricing models adopted for the category, the total cost of ownership

· Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

· Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 


Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Clinical Trial Imaging Services Market Procurement Intelligence Trends and Their Impact On Global Industry till 2025

Imaging plays an important role in modern medicine. Modern imaging techniques including X-rays, ultrasound, CT scans, and MRI shows structures inside the patient’s body in considerable detail. To improve decision making, increase efficiency and potentially reduce trial costs, sponsors need to work with an imaging partner that can provide strategic advice on biomarkers in early phase development and demonstrate how medical imaging endpoints can provide objective evidence of a drug’s safety and efficacy.

The core clinical imaging solution include protocol design, site selection, site training and support, electronic image transfer and de-identification, certified radiologic technologist image QC, independent blinded image review, clinical data management and biostatistics, preparation for audits, and regulatory and compliance decisions.

Read report summary or request a free sample copy of the report “Clinical Trial Imaging Services Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025

Imaging is currently being utilized in the following three areas:

  • Primary Study: Pharmaceutical companies are exploring innovative technologies that can bring new drugs to market sooner for unmet needs
  • Early-phase Clinical Trial: Imaging is a natural fit for early phase trials since they are more dynamic and involve more scientific work than later-phase trials
  • Late-phase Clinical Trial: As a product moves through clinical trials, the imaging focus shifts toward efficient trial management streamlined operational workflow for easy regulatory approval

Demand Outlook

The rise in clinical trials due to the surge in prevalence of chronic conditions, which require novel treatment option is driving the growth of the market. Project and data management is dominating the service type share in the market. It is also expected to witness the highest growth rate over the forecasted, as sponsors are outsourcing owing to high associated costs.

North America accounted for the major share of the clinical trial imaging services market and is expected to continue this trend owing to the surge in use of imaging as an endpoint in clinical trials which leads to sponsors outsourcing these services to save cost. Furthermore, the other major factor, which is the presence of major players such as Parexel International, ERT Clinical, Biospective, Inc. Intrinsic Imaging LLC leads to easy availability of clinical trial imaging service, which in turn boosts the growth of the market in the region.

Cost Drivers

High rise in cost for technological advancements and change in regulatory needs are few factors that compel pharmaceutical and biotechnology companies to outsource imaging services. Moreover, pharmaceutical companies are repeatedly engaged in the development of new therapeutics, which can be immensely expensive leading to a need to outsource.

Browse our other Reports:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

· Market Intelligence involving – market size and forecast, growth factors, and driving trends

· Price and Cost Intelligence – pricing models adopted for the category, the total cost of ownership

· Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

· Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 


Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Bearings Market Procurement Intelligence: Supplier Intelligence, Supplier Ranking, Engagement Model, Analysis Report, 2025

Bearings are mechanical assemblies that consist of rolling elements, majorly inner and outer races which are used for rotating or linear shaft applications. There are seven basic types of bearings used in machines across multiple industries including automotive, household applications, medical, industrial, etc.

  • Ball bearings: Used in machinery that has shafts requiring support for low friction rotation.
  • Roller bearings: Used in machinery with rotating shafts that require the support of heavier loads than ball bearings provide
  • Mounted bearings: Used as take-up devices on the ends of conveyors and as flanged units along with intermediate points
  • Linear bearings: Used in machinery that requires linear movement and positioning along shafts.
  • Slide bearings: Used in the structural support of bridges, commercial and industrial buildings.
  • Jewel bearings: Used in light rotating applications like watches, meter movements, gyroscopes.
  • Frictionless bearings: Provide controllable shaft support through the air, magnetic fields for critical, high precision applications.

The bearings industry is becoming more technology-driven as buyers are asking for durable, cost-efficient bearings that offer more precision and longer operating life

Read report summary or request a free sample copy of the report “Bearings Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025

Demand Outlook

The global bearing market is expected to be valued at USD 170 billion by 2025 has grown at a CAGR of 8.5% from 2020 to 2025. The Asia Pacific is the largest geographic segment in the bearing market with a 40% market share. China is leading the global market due to the rapid expansion of machinery and motor vehicle production coupled with a strong aftermarket for industrial equipment and motor vehicle repair in the region. Besides China, the U.S., Japan, and Germany are the major bearing manufacturing countries.

Cost Drivers

High-grade steel and alloy steel are the primary raw material used for bearings manufacturing. Hence, bearings price is highly correlated with the global steel price movement. The steel price has reached a new high since the pandemic. However, it is expected to decline from the late second quarter through the end of 2021 due to a slight decrease in demand. Moreover, equipment manufacturers from the automotive and mining industries are working directly with bearing manufacturers from the early designing stage to optimize the cost involved in developing new equipment designs.

Browse our other Reports:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

· Market Intelligence involving – market size and forecast, growth factors, and driving trends

· Price and Cost Intelligence – pricing models adopted for the category, the total cost of ownership

· Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

· Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 


Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter

Agrochemicals Market Procurement Intelligence Key Manufacturers – Syngenta, Bayer CropScience, BASF, Dow Agrosciences, DuPont, Sumimoto Chemicals Co, Monsanto Company And The Mosaic Co.

Agrochemicals refer to the set of chemicals that are used in agriculture. These include pesticides, herbicides, or fertilizers used for the management of ecosystems in agricultural sectors. Agrochemicals are used for a variety of reasons ranging from protection against pests, improving nutrient quality, altering pH levels of the soil, and helping in the growth of the crop.

The prices of most agrochemicals are regulated in the market. However, there have been significant price fluctuations in the price of agrochemicals in the recent past. Herbicides, for example, have demonstrated uncertain price tendencies. While the prices of 2,4-D 98% Herbicide has shown a constant increase (from USD 2.6/kg in March 2017 to USD 3.79/kg in December 2020), similarly prices of Glufosinate 95% have been constantly declining (from USD 30.58/kg in March 2017 to USD 22.6/kg in December 2020).

Read report summary or request a free sample copy of the report “Agrochemicals Market Procurement Intelligence, Supplier Intelligence, Supplier Ranking, Pricing & Cost Structure Intelligence, Best Practices, Engagement Model, Low & Best Cost Country, Day One Analysis Report, 2020 – 2025

Demand Outlook

The global agrochemicals market is valued at USD 208.6 billion as of 2020 and is expected to grow at a CAGR of 3.4% till 2025. The geographic demand will be driven by APAC with countries like China, India, and Vietnam being the major consumers in the APAC market. Fertilizers and pesticides are the two most commonly used types of agrochemicals in the market and occupy approximately 60% of the overall agrochemicals market.

Cost Drivers

The growing need for food due to the growth in population is the fundamental reason which drives the growth of agrochemicals. In addition to this, the requirement of healthy food with adequate nutrients and crops untarnished by pests are driving the requirement for fertilizers and pesticides. Over the last decade, the requirement for biofertilizers has been consistently increasing. Similarly, the overall requirement for bio-based products in agrochemicals as compared to synthetic agrochemicals has increased. One of the major downsides of synthetic agrochemicals is that it is not sustainable in nature. While the immediate effects of using synthetic agrochemicals are fulfilling, it leaves the soil barren over an extended period of time. Bio-based agrochemicals cost higher than their synthetic counterparts. Therefore, the growing demand for bio-based agrochemicals is helping drive the overall growth of the market from a value-based perspective.

Browse our other Reports:

About us:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of the supply chain which helps in efficient procurement decisions.

Our services include (not limited to):

· Market Intelligence involving – market size and forecast, growth factors, and driving trends

· Price and Cost Intelligence – pricing models adopted for the category, the total cost of ownership

· Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing

· Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best-suited countries for sourcing to minimize supply chain disruption

Our market/procurement Intelligence reports include in-depth and actionable insights that help clients in understanding the different aspects of the supply chain and take more effective decisions.

Find More information @ https://www.grandviewresearch.com/pipeline 


Contact Information:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc.

Phone: 1-415-349-0058

Toll Free: 1-888-202-9519

Email: sales@grandviewresearch.com

Web: https://www.grandviewresearch.com

Follow Us: LinkedIn | Twitter