Composite Rollers Market Forecasts to 2028 – Global Analysis By Fiber (Carbon, Glass), Resin (Thermoplastic, Thermoset), End User (Film & Foil Processing, Textile, Mining) and By Geography
According to Stratistics MRC, the Global Composite Rollers Market is accounted for $133.60 million in 2020 and is expected to reach $233.01 million by 2028 growing at a CAGR of 7.2% during the forecast period. Growing demand for lightweight rollers and rising demand from mining and pulp & paper industries are driving the market growth. However, higher costs and lack of awareness about the benefits of rollers is hampering the growth of the market.
Composite rollers are lightweight alternatives of metal-based rollers which offer up to 60% weight saving over metal rollers. They provide lower maintenance requirement, longer operational life, reduced power requirements, lower noise emission, improved productivity, and reduce downtime.
Based on the end user, the pulp & paper segment is going to have lucrative growth during the forecast period owing to the increasing usage of composite rollers as printing roller, guide rollers, and other applications in paper and pulp industries. By geography, North America is going to have high growth during the forecast period due to enchanting demand for corrosive resistant rollers in the region to gain operational as well as safety benefits due to which the market for composite rollers is blooming from end use industries.
Some of the key players profiled in the Composite Rollers Market include Lorbrand Composites , Double E Company LLC, Flexible Steel Lacing Company, Amalga Composites, Inc., Beijing HaoSheng Transmission Technology Co., Ltd, Artur Küpper GmbH & Co. KG, NEPEAN Conveyors, Mitsubishi Chemical Corporation, Kastura Roller Manufacturing Corporation Ltd., Pronexos and Conveyor Products & Solutions.
• Other Fibers
End Users Covered:
• Film & Foil Processing
• Pulp & Paper
• Other End Users
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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