According to Market Study Report, Composite Rollers Market provides a comprehensive analysis of the Composite Rollers Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. This report also provides market landscape and market share information in the Composite Rollers Market. An exclusive data offered in this report is collected by research and industry experts team.
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The Composite Rollers Market size is estimated to grow from US$ 127 Million in 2019 to US$ 163 Million by 2024, at a CAGR of 5.2% between 2019 and 2024. This report spread across 125 pages, profiling 10 companies and supported with 101 tables and 29 figures is now available in this research.
Key Players- Lorbrand Composites (South Africa), NEPEAN Conveyors (Australia), Pronexos (Netherlands), Double E Company LLC (US), Artur Küpper GmbH & Co. KG (Germany), Flexible Steel Lacing Company (US), Katsura Roller Manufacturing Corporation Limited (Japan), Conveyor Products & Solutions (Australia), Beijing HaoSheng Transmission Technology Co., Ltd (China), and Amalga Composites, Inc. (US).
Composite rollers manufactured using carbon fiber is expected to grow at the fastest rate during the forecast period, owing to the properties offered by carbon fiber composite rollers, such as high strength, lightweight, and superior tension control among others. Additionally, the high demand from the pulp & paper and textile industries is one of the primary reasons behind the high growth of carbon fiber composite rollers.
The composite rollers market will register the highest CAGR in the mining industry. Composite rollers are significantly utilized in the mining industry as they provide excellent strength, low inertia, reduced vibration& noise, and consumes low electricity. In comparison to steel rollers, composite rollers are extremely lightweight and not need to be replaced frequently, which leads to reduced downtime and better productivity.
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APAC is expected to be the major market for composite rollers during the forecast period. Increasing demand for composite rollers for mining, pulp & paper, and film & foil processing industries is driving the growth of the composite rollers market in APAC. China and Australia lead the market for composite rollers in the APAC region.
Competitive Landscape of Composite Rollers Market:
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Competitive Benchmarking
3.1 Product Offering
3.2 Business Strategya
4 Market Ranking
5 Competitive Scenario
5.2 Joint Venture & Partnership
Reason to access this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall composite rollers market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.