The companies plan to invest heavily in research and development to bring the new materials to market as quickly as possible. They also plan to work closely with customers to ensure that the new materials meet their specific needs and requirements.

   - Spherical Roller Bearings: Spherical roller bearings are designed to primarily support heavy radial loads and moderate axial loads. Their unique design includes barrel-shaped rollers guided by inner and outer ring raceways with a common spherical raceway on the outer ring, allowing them to accommodate misalignment and axial displacement. They are commonly used in applications where heavy radial loads, shock loads, and misalignment are present, such as in heavy machinery, mining equipment, and industrial applications.