According to the new market research report “Composite Rollers Market by Fiber Type (Carbon, Glass, Others), End-Use Industry (Mining, Pulp & Paper, Textile, Film & Foil Processing), Resin Type, and Region (North America, Europe, APAC, Row) – Global Forecast to 2024″, The composite rollers market size is estimated to grow from USD 127 million in 2019 to USD 163 million by 2024, at a CAGR of 5.2% during the forecast period. The composite rollers market is witnessing significant growth because of the growing demand from end-use industries such as mining, pulp & paper & textile.
Don’t miss out on business opportunities in Composite Rollers Market
Speak to our analyst and gain crucial industry insights that will help your business grow: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=112121358
The use of composite rollers is increasing due to the growing demand for durable and lightweight rollers. Moreover, composite rollers have excellent life-cycle and consume low electricity that leads to the low overall cost and better productivity. The composite rollers market size is estimated to grow from USD 127 million in 2019 to USD 163 million by 2024, at a CAGR of 5.2% between 2019 and 2024.
The composite rollers market, by fiber type, is segmented into carbon, glass, and others. The market in the carbon fiber segment is projected to register the highest CAGR, in terms of value, during the forecast period. Also, carbon fiber is the largest segment of the composite rollers market, followed by the glass fiber. The growing demand for lightweight rollers in the packaging and printing application is responsible for the larger share of carbon fiber in the composite rollers market.
Browse and in-depth TOC on “Composite Rollers Market – Global Forecast to 2024”
101 – Tables
29 – Figures
125 – Pages
View more detailed TOC @ https://www.marketsandmarkets.com/Market-Reports/composite-roller-market-112121358.html
The composite roller market size is estimated to grow from USD 127 million in 2019 to USD 163 million by 2024, at a CAGR of 5.2% between 2019 and 2024. A roller comprises various components, including shell, bearing, shaft, labyrinth seal, circlip, and housing, to name a few. And, composite are that category of rollers where shell or tube of a roller is manufactured using composite materials. Composite roller is an excellent alternative to steel and other metal rollers. Composite rollers are extremely lightweight in nature and generates low noise & vibration along with better life-cycle that makes them highly suitable for use in paper & pulp, textile, mining, and other industries.
The leading ceramic armor manufacturers are Lorbrand Composites (South Africa), Double E Company LLC (US), Pronexos (Netherlands), NEPEAN Conveyors (Australia), Artur Küpper GmbH & Co. KG (Germany), Amlaga Composites, Inc. (US), Flexible Steel Lacing Company (US), Katsura Roller Manufacturing Corporation Limited (Japan), Conveyor Products & Solutions (Australia), and Beijing Haosheng Transmission Technology Co., Ltd (China), among others. These players have mainly adopted inorganic growth strategies such as acquisition and partnerships to expand their presence in the global market, which also helped them to offer innovative products and broaden their customer base.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=112121358
Lorbrand Composites (South Africa) has a prominent presence in the global composite rollers market. The company has a strong brand image, and it caters to the growing demand for composite rollers, in major applications. The company has experts working in a wide range of fields, such as production technology, and technical design to maintain its comprehensive portfolio of rollers that have significant growth potential.
NEPEAN Conveyors (Australia) has secured a strong position in the APAC market. It is also establishing its presence in North America and Europe and is now focusing on South America. The company manufactures and develops high-performance composite rollers that are used extensively in the mining industry. It has a strong focus on R&D and has adopted an inorganic growth strategy by acquiring Sandvik’s specialist conveyor systems business and international conveyor components businesses.
Browse Adjacent Markets @ Chemicals Market Research Reports & Consulting
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Shelly Singh
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/composite-roller-market.asp
Visit Our Website: https://www.marketsandmarkets.com