Press release
Chain Binder Market is expected to reach 1190 US$ million by 2025
Load Binder is also known as chain binder, chain tensioners, normally used with grade 70 binder chains, it's main function is to tighten the steel chains around the loads. Load binders have 2 different flavors, ratchet binder and lever binders, with ratchet chain binder you can ratcheting the binder to tighten things up and lock binders in place, while with lever chain binder you can only tighten the chains with fixed length, and you need something else to lock the lever binder.The global consumption of Chain Binder increases from 22415 K Units in 2013 to 28801 K Units in 2017, at a CAGR of more than 6.47%. In 2017, the global Chain Binder consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 38.76% of global consumption of Chain Binder.
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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Peerless Industrial Group, Columbus McKinnon, Zhejiang Topsun, PWB Anchor, Qingdao Xintai Rigging, Qinde, Win Chance Metal, All Lifting, QingdaoPowerful Machinery, Utkal Engineers, DURABILT, Qingdao Huamei
Segment by Type:
Ratchet Binder, Lever Binder, Others
Segment by Application:
Railway Transportation, Waterway Transportation, Highway Transportation
The global Chain Binder market is valued at 790 million US$ in 2018 is expected to reach 1190 million US$ by the end of 2025, growing at a CAGR of 5.2% during 2019-2025.
This report focuses on Chain Binder volume and value at global level, regional level and company level. From a global perspective, this report represents overall Chain Binder market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
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