Composite Rollers Market Overview:
Composite rollers are great alternative to conventional steel rollers. Because of the growing demand for lightweight rollers for accomplishing operational safety benefits, the composite rollers market is growing. If we compare composite rollers with steel roller, steel rollers are big, produce huge amounts of noise and difficult to transport. Whereas, fiber composite rollers have several benefits like weight reduction, low maintenance costs, low noise levels and long life. Composite rollers are made from using materials like glass reinforced epoxy, high-density polyethylene ad nylon carbon graphite fiber. This market research report aims at providing estimation of the market size and the future growth factors of the composite rollers market around various segments like end-to-end packaging, base material, antimicrobial agents and package type. Carbon fiber composite rollers provided some crucial properties like superior tension control, high strength and light weight. Hence, Composite rollers are anticipated to develop at the rapid rate using carbon fiber during forecasting period.
Composite Rollers market – Dynamics
There is an increasing demand from textile, pulp and paper industries for the composite rollers. The composite rollers segment will record the high CAGR in the mining industry. Composite rollers are frequented used in the mining industry due to their excellent features such as low electricity consumption excellent power, reduced vibration and noise and low inertia. Increase in mining activities mining related projects is anticipated to boost the demand for mining equipment like composite roller during forecast period. New generation composite roller has been launched by Sandvik AB named Sandvik HR 185 in 2016. This composite roller is lighter and operated with low noise levels as compared to traditional steel rollers. These qualities of composite roller make it perfect for noise-sensitive functions such as export terminals and transmission setting up near heavily populated areas. They work with less noise as compared to those traditional steel rollers. This report tells about the market size for forecast duration 2020-2028. Increasing awareness about health among consumers, increasing demand in the region such as Asia-Pacific and huge growth in sectors like beverage, food and healthcare segments are the prominent driving factors for the growth of composite rollers market.
The main aim of this market report is to give the composite rollers market size and the future growth prospects of the composite rollers market around various segments. The key segment analysis is given below:
- Pulp and Paper
- Film and Foil Processing
- Rest of Europe
On regional basis, Asia-Pacific recorded the huge market share and is evaluated to increase at high growth rate during the forecast period because of the numerous major countries manufacturing minerals, coal and iron. A few other major reasons of increasing demand for composite rollers in the region are the factors like flexible packaging market and growing mining companies.
A variety of noteworthy players working in the global composite rollers market are:
- Double E Company LLC
- Artur Küpper GmbH & Co. KG
- Flexible Steel Lacing Company
- Katsura Roller Manufacturing Corporation Limited
- Products & Solutions
- Amalga Composites, Inc.
The efficiency of composite rollers is assessed based on handling and cost-saving process. Moreover, another factor that plays a role in the composite rollers market growth is their safety features. Since, company workers become used to the utilization of composite rollers, the composite rollers makers will enlarge at a starry pace. The paper and pulp industry is further evaluated to generate crucial demands for composite rollers since they are hugely utilized as conveyor rollers, printing rollers, guide rollers and other applications. This market research report covers all the key statistics of market status, key trends and opportunities in the market. The two foremost technologies involved and used in the making of composite rollers are wrapping and filament winding. Continuous development in the industrial machineries is connected with lightweight and low intake of energy. This will lead to the rising application of composite material in a number of segments.