Composite Rollers Market:
Growth opportunities in the composite rollers market look promising over the next six years. This is mainly due to the increasing usage of composite rollers, high durability, rising mining activities, and less electricity consumption. The strong demand for the carbon fiber composites rollers in paper and pulp sectors is further contributing to the market growth.
Composite Roller Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Key Drivers
The key factors propelling the growth of the global composite rollers market are increasing mining and exploration activities and surging use of composite rollers in the pulp & paper industry. Greater strength, lightweight, higher tension, and safety and operational benefits have led to strengthening the composite roller market size. Augmenting demand for the carbon fibre composite rollers in paper and pulp industries and textile industries is boosting the composite roller market share over the forecast period. These rollers provide low inertia, longer life, and durability, along with low electricity consumption and reduced noise as compared to other rollers. However, the factors restraining the growth of the global composite rollers market are the high cost of raw material, high fabrication and assembly costs, and difficulty in repairing compared to metallic structures.
Fibre Type Segment Drivers
Based on the fibre type, market is segmented into glass and carbon. Composite rollers manufactured by using carbon fibre are projected to grow at a higher rate during the forecast period because of the properties, including high strength, lightweight, and superior tension control. Moreover, the strong demand for carbon fiber in the pulp & paper and textile industries is one of the main reasons for the segment’s growth.
End-Use Industry Drivers:
Based on the end- use industry, pulp & paper is predicted to expand at a higher CAGR over the forecast period owing to the growing use of composite rollers as printing and guide rollers, and other applications. Composite rollers have several characteristics, including resistance to wear, high temperature, and chemicals, thus making it appropriate for operation in pulp & paper mills.
Regional Drivers
On the basis of region, Asia-Pacific is expected to expand at a faster CAGR over the forecast period because of the manufacturing of coal, iron ore, and minerals by various developed countries. Expanding mining industries and flexible packaging market is also boosting the composite rollers demand in this region.
Composite Roller Market’s leading Manufacturers:
- Amalga Composites Inc.
- Conveyor Products & Solutions
- Pronexos
- Artur Kupper GmbH & Co. KG
- Lorbrand Composites
- Double E Company LLC
- Flexible Steel Lacing Company
- Kastura Roller Manufacturing Corporation Ltd.
- Beijing Haosheng Transmission Technology Co. Ltd.
- NEPEAN Conveyors
Composite Roller Market Segmentation:
Segmentation by Fiber Type:
- Glass
- Carbon
- Others
Segmentation by Resin Type:
- Thermoset
- Thermoplastic
Segmentation by End-Use Industry:
- Textile
- Mining
- Film & Foil Processing
- Pulp & Paper
- Others
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
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