Global Bearing Steel Market Growth 2025-2031

The global Bearing Steel market size is predicted to grow from US$ 6770 million in 2025 to US$ 7799 million in 2031; it is expected to grow at a CAGR of 2.4% from 2025 to 2031.

Bearing steel is one kind of special steel with features of high wear resistance and rolling fatigue strength.

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.

LP Information, Inc. (LPI) ' newest research report, the “Bearing Steel Industry Forecast” looks at past sales and reviews total world Bearing Steel sales in 2024, providing a comprehensive analysis by region and market sector of projected Bearing Steel sales for 2025 through 2031. With Bearing Steel sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bearing Steel industry.

This Insight Report provides a comprehensive analysis of the global Bearing Steel landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bearing Steel portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bearing Steel market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bearing Steel and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bearing Steel.

This report presents a comprehensive overview, market shares, and growth opportunities of Bearing Steel market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
High-carbon Chromium Bearing Steel
Carburizing Bearing Steel
Others

Segmentation by Application:
Bearing Rings
Rolling Body
Cage
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bearing Steel market?

What factors are driving Bearing Steel market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Bearing Steel market opportunities vary by end market size?

How does Bearing Steel break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.