Traction Chains Market Size, Share, Development by 2024

Global Info Research offers a latest published report on Traction Chains Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global Traction Chains players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Traction Chains with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Traction Chains are nets made up of chains that fitted to the tires of vehicles to provide maximum traction when driving through snow and ice. Snow chains attach to the drive wheels of a vehicle or special systems deploy chains which swing under the tires automatically.

Scope of the Report:
Traction Chains are nets made up of chains that fitted to the tires of vehicles to provide maximum traction when driving through snow and ice. Snow chains attach to the drive wheels of a vehicle or special systems deploy chains which swing under the tires automatically.
The traction chains are classified into the metal chain and nonmetal chain according to the product material. As of 2018, metal chain segment dominates the market contributing more than 90% of the total market share, reach to 3053.7 K pairs, while nonmetal chain sold 303.5 K pairs annual. Traction chains are major applied for transport, forests and other industry, in 2018; demand for a transport occupied the largest market, with 76.7% share, and reach to 2574.7 K pairs.
The traction chains market is relative concentrated market; key players include Pewag, Rud, Peerless, Nordic Traction Group, Trygg, Laclede Chain, Maggi Group, Bohu, Ottinger, Veriga Lesce, Hangzhou Feifei Chain, Gowin; the revenue of top five manufacturers accounts over 60% of the total revenue in 2018. The high-end products mainly come from Europe.
The worldwide market for Traction Chains is expected to grow at a CAGR of roughly 4.0% over the next five years, will reach 335.1 million US$ in 2024, from 275.4 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Traction Chains in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
    Pewag
    Rud
    Peerless
    Nordic Traction Group
    Trygg
    Laclede Chain
    Maggi Group
    Bohu
    Ottinger
    Veriga Lesce
    Hangzhou Feifei Chain
    Gowin

Market Segment by Regions, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
    South America (Brazil, Argentina, Colombia etc.)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
    Metal Chain
    Nonmetal Chain

Market Segment by Applications, can be divided into
    Transport
    Forests
    Other

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Related Information:
North America Traction Chains Market Growth 2019-2024
United States Traction Chains Market Growth 2019-2024
Asia-Pacific Traction Chains Market Growth 2019-2024
Europe Traction Chains Market Growth 2019-2024
EMEA Traction Chains Market Growth 2019-2024
Global Traction Chains Market Growth 2019-2024
China Traction Chains Market Growth 2019-2024

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