Global Bearing Steel Market: Foundation of Industrial Machinery and...

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2025-04-22 07:32:54 -

Global Bearing Steel Market: Foundation of Industrial Machinery and Mobility

Market Overview The global bearing steel market is projected to expand from 28.5billionin2023to28.5billionin2023to42.8 billion by 2030, growing at a 6.2% CAGR. As the critical material enabling smooth rotational motion in machinery, bearing steel demand is surging across automotive, industrial, and renewable energy sectors, with Asia-Pacific dominating 55% of...

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