Press release
Global Industrial Roller Chain Drives Market Expected to Witness a Sustainable Growth over 2023
Industrial Roller Chain Drives market is the type of chain drive most commonly used for transmission of mechanical power on many kinds of domestic, industrial and agricultural machinery, including conveyors, wire- and tube-drawing machines, printing presses, cars, motorcycles, and bicycles.
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Global Industrial Roller Chain Drives Market: Forecast by Type / Application / Region
Industrial Roller Chain Drives has lower technology barrier and is labor-intensive industry. Currently, there are many producing companies in the world Industrial Roller Chain Drives industry. The main market players are Tsubaki, Renold, Iwis and Rexnord etc. The prodution of Industrial Roller Chain Drives will increases to 404 K MT in 2017 from 353 K MT in 2012.
The Industrial Roller Chain Drives are mainly used in Food Processing, Manufacturing, Agricultural Machine and others Report data showed that 34.46% of the Industrial Roller Chain Drives market demand in Manufacturing, 28.75% % in Food Processing, and 24.28% in Agricultural Machine in 2016. With the development of economy, these industries will need more Industrial Roller Chain Drives. So, Industrial Roller Chain Drives have a huge market potential in the future.
Over the next five years, LPI(LP Information) projects that Industrial Roller Chain Drives will register a 1.4% CAGR in terms of revenue, reach US$ 3010 million by 2023, from US$ 2800 million in 2017.
Global Industrial Roller Chain Drives Market: Key Players
Tsubakimoto Chain
Renold
Iwis
Rexnord
Ketten Wulf
Timken
SKF
YUK Group
Diamond Chain
Ewart Chain
Zhejiang Hengjiu Machinery Group
Hangzhou Donghua Chain Group
Wantai Chain Transmission
Zhejiang Jindun Chain
Vision group
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Related Information:
United States Industrial Roller Chain Drives Market Research Report 2018
Europe Industrial Roller Chain Drives Market Research Report 2018
North America Industrial Roller Chain Drives Market Research Report 2018
Asia-Pacific Industrial Roller Chain Drives Market Research Report 2018
China Industrial Roller Chain Drives Market Research Report 2018
EMEA Industrial Roller Chain Drives Market Research Report 2018
Global Industrial Roller Chain Drives Market Research Report 2018
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