Global bearing demand will increase 8.5 percent annually through 2014. Unmounted bearings will continue to account for the majority of sales. The Asia/Pacific region will post the strongest gains, led by China. The motor vehicle and machinery markets will remain the largest sources of demand.

Global demand for light vehicle OEM automotive sensors will advance 11.8 percent annually through 2014. North America will be the fastest growing region, far outpacing the Asia/Pacific and other regions based on a rebounding US market and higher per-vehicle sensor revenues.

Demand for batteries in China will grow 8.5 percent annually through 2013. Growth will be driven by increasing output of battery-powered products and an ongoing shift toward value-added batteries for export. Secondary batteries will grow nearly twice as fast as primary batteries, driven by transportation markets.

The US recreational boating market (boats, propulsion systems and accessories) will rebound from depressed 2009 levels and grow 9.3 percent annually through 2014. Powerboats will pace the boat category, driven by technological advances such as newer propulsion systems and more advanced electronics.

Lighting fixture demand in the US is forecast to grow 4.8 percent annually through 2014. The fastest gains will occur in the motor vehicle and residential markets, which will increase at double-digit rates from depressed 2009 levels. LED-based lighting fixtures will provide exceptionally strong growth, especially in nonportable types.

US industrial rubber product demand will rise six percent annually through 2014, driven mainly by rebounding levels of motor vehicle production and accelerating output in the machinery industry. Mechanical rubber goods will remain dominant and grow the fastest. Machinery will be the fastest growing market.

The aftermarket for light vehicle components in North America will increase 2.9 percent annually through 2014. Mechanical products will remain the largest category while electronics grow the fastest. The dominant professional service provider segment will outpace the DIY market.

Global industrial rubber product demand will climb 4.3 percent annually through 2013. China will surpass the US to become the largest national market, and claim over one-third of all new demand. Advances will be stronger in the hose and belt segments, while mechanical rubber goods remains dominant.

The automotive aftermarket in China will grow 18.3 percent annually through 2014, driven by the country’s expanding and aging stock of light vehicles. Mechanical products will remain the most common types, while electronics grow the fastest. Low-speed vehicles will continue to be a key aftermarket in rural areas.

Global rubber consumption will rise 4.1 percent annually through 2013. The Asia/Pacific region will remain the largest and fastest-growing market. Non-tire rubber demand will outpace tire rubber. Tire rubber will continue to benefit from strong growth in Asia, despite a decline in rubber usage per tire.