Global Bearing Steel Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch"s in-depth investigation and research, the global Bearing Steel market size will reach 7,638.77 Million USD in 2025 and is projected to reach 9,136.05 Million USD by 2032, with a CAGR of 2.59% (2025-2032). Notably, the China Bearing Steel market has changed rapidly in the past few years. By 2025, China"s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Bearing steel, also known as high-carbon chromium steel, is a specialized type of steel that is primarily used in the manufacturing of bearings. It is characterized by its excellent hardness, wear resistance, and high fatigue strength, which are crucial properties for bearings that operate under heavy loads and high-speed conditions. Bearing steel typically contains high levels of carbon and chromium, along with other alloying elements such as manganese, silicon, and vanadium. The carbon content contributes to the steel"s hardness and strength, while the chromium enhances its corrosion resistance and the formation of a protective oxide layer. The combination of these properties makes bearing steel capable of withstanding the repetitive stress and friction encountered in bearing applications, ensuring reliable performance and extended service life.
The major global manufacturers of Bearing Steel include 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, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Bearing Steel. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Bearing Steel market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Bearing Steel market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Bearing Steel industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Bearing Steel Include:
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
Bearing Steel Product Segment Include:
High-carbon Chromium Bearing Steel
Carburizing Bearing Steel
Others
Bearing Steel Product Application Include:
Bearing Rings
Rolling Body
Steel Cage
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Bearing Steel Capacity and Production Analysis
Chapter 3: Global Bearing Steel Industry PESTEL Analysis
Chapter 4: Global Bearing Steel Industry Porter's Five Forces Analysis
Chapter 5: Global Bearing Steel Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Bearing Steel Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Bearing Steel Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Bearing Steel Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
According to DIResearch"s in-depth investigation and research, the global Bearing Steel market size will reach 7,638.77 Million USD in 2025 and is projected to reach 9,136.05 Million USD by 2032, with a CAGR of 2.59% (2025-2032). Notably, the China Bearing Steel market has changed rapidly in the past few years. By 2025, China"s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
Bearing steel, also known as high-carbon chromium steel, is a specialized type of steel that is primarily used in the manufacturing of bearings. It is characterized by its excellent hardness, wear resistance, and high fatigue strength, which are crucial properties for bearings that operate under heavy loads and high-speed conditions. Bearing steel typically contains high levels of carbon and chromium, along with other alloying elements such as manganese, silicon, and vanadium. The carbon content contributes to the steel"s hardness and strength, while the chromium enhances its corrosion resistance and the formation of a protective oxide layer. The combination of these properties makes bearing steel capable of withstanding the repetitive stress and friction encountered in bearing applications, ensuring reliable performance and extended service life.
The major global manufacturers of Bearing Steel include 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, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Bearing Steel. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Bearing Steel market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the Bearing Steel market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Bearing Steel industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Bearing Steel Include:
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
Bearing Steel Product Segment Include:
High-carbon Chromium Bearing Steel
Carburizing Bearing Steel
Others
Bearing Steel Product Application Include:
Bearing Rings
Rolling Body
Steel Cage
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Bearing Steel Capacity and Production Analysis
Chapter 3: Global Bearing Steel Industry PESTEL Analysis
Chapter 4: Global Bearing Steel Industry Porter's Five Forces Analysis
Chapter 5: Global Bearing Steel Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 6: Global Bearing Steel Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 7: Global Bearing Steel Sales, Revenue, Price and Forecast by Product Type
Chapter 8: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 9: Industrial Chain Analysis, Bearing Steel Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 10: Research Findings and Conclusion
Chapter 11: Methodology and Data Sources
Table of Contents
165 Pages
- 1 Bearing Steel Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Bearing Steel Product by Type
- 1.2.1 High-carbon Chromium Bearing Steel
- 1.2.2 Carburizing Bearing Steel
- 1.2.3 Others
- 1.3 Bearing Steel Product by Application
- 1.3.1 Bearing Rings
- 1.3.2 Rolling Body
- 1.3.3 Steel Cage
- 1.3.4 Others
- 1.4 Global Bearing Steel Market Revenue and Sales Analysis
- 1.4.1 Global Bearing Steel Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Bearing Steel Sales Market Sales Analysis (2020-2032)
- 1.4.3 Global Bearing Steel Market Sales Price Trend Analysis (2020-2032)
- 1.5 Bearing Steel Market Development Status and Trends
- 1.5.1 Bearing Steel Industry Development Status Analysis
- 1.5.2 Bearing Steel Industry Development Trends Analysis
- 2 Global Bearing Steel Capacity and Production Analysis
- 2.1 Global Bearing Steel Capacity, Production and Utilization (2020-2032)
- 2.2 Global Bearing Steel Production Growth Trend by Region: 2024 VS 2025 VS 2032
- 2.3 Global Bearing Steel Production by Region
- 2.3.1 Global Bearing Steel Production by Region (2020-2025)
- 2.3.2 Global Bearing Steel Production Forecast by Region (2026-2032)
- 2.3.3 Global Bearing Steel Production Market Share by Region (2020-2032)
- 3 Bearing Steel Market PESTEL Analysis
- 3.1 Political Factors Analysis
- 3.2 Economic Factors Analysis
- 3.3 Social Factors Analysis
- 3.4 Technological Factors Analysis
- 3.5 Environmental Factors Analysis
- 3.6 Legal Factors Analysis
- 4 Bearing Steel Market Porter's Five Forces Analysis
- 4.1 Competitive Rivalry
- 4.2 Threat of New Entrants
- 4.3 Bargaining Power of Suppliers
- 4.4 Bargaining Power of Buyers
- 4.5 Threat of Substitutes
- 5 Global Bearing Steel Market Analysis by Country
- 5.1 Global Bearing Steel Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 5.1.1 Global Bearing Steel Revenue and Market Share by Country (2020-2025)
- 5.1.2 Global Bearing Steel Revenue and Market Share Forecast by Country (2026-2032)
- 5.2 Global Bearing Steel Sales Analysis by Country: 2024 VS 2025 VS 2032
- 5.2.1 Global Bearing Steel Sales and Market Share by Country (2020-2025)
- 5.2.2 Global Bearing Steel Sales and Market Share Forecast by Country (2026-2032)
- 5.3 United States Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.4 Germany Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.5 Japan Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.6 China Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.7 France Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.8 U.K. Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.9 South Korea Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.10 Canada Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.11 Italy Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.12 Russia Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.13 Mexico Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.14 Brazil Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.15 India Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.16 Vietnam Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.17 Thailand Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 5.18 South Africa Bearing Steel Market Sales, Revenue and Growth Rate (2020-2032)
- 6 Competition by Manufacturers
- 6.1 Global Bearing Steel Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 6.1.1 Global Bearing Steel Market Sales by Key Manufacturers (2021-2025)
- 6.1.2 Global Bearing Steel Market Revenue by Key Manufacturers (2021-2025)
- 6.1.3 Global Bearing Steel Average Sales Price by Manufacturers (2021-2025)
- 6.2 Bearing Steel Competitive Landscape Analysis and Market Dynamic
- 6.2.1 Bearing Steel Competitive Landscape Analysis
- 6.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 6.2.3 Market Dynamic
- 7 Bearing Steel Market Analysis by Type
- 7.1 Global Bearing Steel Market Revenue Analysis by Type
- 7.1.1 Global Bearing Steel Market Size Analysis by Type: 2024 & 2025 & 2032
- 7.1.2 Global Bearing Steel Revenue and Forecast Analysis by Type (2020-2032)
- 7.2 Global Bearing Steel Market Sales and Forecast Analysis by Type (2020-2032)
- 7.3 Global Bearing Steel Sales Price Trend Analysis by Type (2020-2032)
- 8 Key Companies Analysis
- 8.1 CITIC Steel
- 8.1.1 CITIC Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.1.2 CITIC Steel Bearing Steel Product Portfolio
- 8.1.3 CITIC Steel Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.2 Nippon Steel
- 8.2.1 Nippon Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.2.2 Nippon Steel Bearing Steel Product Portfolio
- 8.2.3 Nippon Steel Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.3 Sanyo Special Steel
- 8.3.1 Sanyo Special Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.3.2 Sanyo Special Steel Bearing Steel Product Portfolio
- 8.3.3 Sanyo Special Steel Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.4 Saarstahl
- 8.4.1 Saarstahl Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.4.2 Saarstahl Bearing Steel Product Portfolio
- 8.4.3 Saarstahl Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.5 POSCO
- 8.5.1 POSCO Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.5.2 POSCO Bearing Steel Product Portfolio
- 8.5.3 POSCO Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.6 Dongbei Special Steel
- 8.6.1 Dongbei Special Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.6.2 Dongbei Special Steel Bearing Steel Product Portfolio
- 8.6.3 Dongbei Special Steel Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.7 JFE Steel
- 8.7.1 JFE Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.7.2 JFE Steel Bearing Steel Product Portfolio
- 8.7.3 JFE Steel Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.8 Kobe Steel
- 8.8.1 Kobe Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.8.2 Kobe Steel Bearing Steel Product Portfolio
- 8.8.3 Kobe Steel Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.9 SeAH
- 8.9.1 SeAH Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.9.2 SeAH Bearing Steel Product Portfolio
- 8.9.3 SeAH Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.10 Carpenter Technology
- 8.10.1 Carpenter Technology Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.10.2 Carpenter Technology Bearing Steel Product Portfolio
- 8.10.3 Carpenter Technology Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.11 Shandong Shouguang Juneng
- 8.11.1 Shandong Shouguang Juneng Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.11.2 Shandong Shouguang Juneng Bearing Steel Product Portfolio
- 8.11.3 Shandong Shouguang Juneng Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.12 Nanjing Iron and Steel
- 8.12.1 Nanjing Iron and Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.12.2 Nanjing Iron and Steel Bearing Steel Product Portfolio
- 8.12.3 Nanjing Iron and Steel Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.13 Benxi Steel Group
- 8.13.1 Benxi Steel Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.13.2 Benxi Steel Group Bearing Steel Product Portfolio
- 8.13.3 Benxi Steel Group Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.14 HBIS GROUP
- 8.14.1 HBIS GROUP Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.14.2 HBIS GROUP Bearing Steel Product Portfolio
- 8.14.3 HBIS GROUP Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.15 Jiyuan Iron and Steel Group
- 8.15.1 Jiyuan Iron and Steel Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.15.2 Jiyuan Iron and Steel Group Bearing Steel Product Portfolio
- 8.15.3 Jiyuan Iron and Steel Group Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.16 Suzhou Steel GROUP
- 8.16.1 Suzhou Steel GROUP Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.16.2 Suzhou Steel GROUP Bearing Steel Product Portfolio
- 8.16.3 Suzhou Steel GROUP Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.17 Baoshan Steel
- 8.17.1 Baoshan Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.17.2 Baoshan Steel Bearing Steel Product Portfolio
- 8.17.3 Baoshan Steel Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.18 Aichi Steel
- 8.18.1 Aichi Steel Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.18.2 Aichi Steel Bearing Steel Product Portfolio
- 8.18.3 Aichi Steel Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.19 Dongil Industries
- 8.19.1 Dongil Industries Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.19.2 Dongil Industries Bearing Steel Product Portfolio
- 8.19.3 Dongil Industries Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8.20 OVAKO
- 8.20.1 OVAKO Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 8.20.2 OVAKO Bearing Steel Product Portfolio
- 8.20.3 OVAKO Bearing Steel Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 9 Industry Chain Analysis
- 9.1 Bearing Steel Industry Chain Analysis
- 9.2 Bearing Steel Industry Upstream Supply Analysis
- 9.2.1 Upstream Key Raw Material Supply Analysis
- 9.2.2 Raw Material Suppliers and Contact Information
- 9.3 Bearing Steel Product Downstream Application Analysis
- 9.3.1 Global Bearing Steel Revenue Market Size by Application: 2024 VS 2025 VS 2032
- 9.3.2 Global Bearing Steel Revenue and Forecast Analysis by Application (2020-2032)
- 9.3.3 Global Bearing Steel Sales and Forecast Analysis by Application (2020-2032)
- 9.4 Bearing Steel Typical Downstream Customers
- 9.5 Bearing Steel Sales Channel Analysis
- 10 Research Findings and Conclusion
- 11 Methodology and Data Source
- 11.1 Methodology/Research Approach
- 11.2 Research Scope
- 11.3 Benchmarks and Assumptions
- 11.4 Date Source
- 11.4.1 Primary Sources
- 11.4.2 Secondary Sources
- 11.5 Data Cross Validation
- 11.6 Disclaimer
Pricing
Currency Rates
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