Composite Rollers Market Size, Share, Price Trends and Forecast to 2027

The constant evolution in the landscape of industrial machineries is correlated to easier handling, lightweight, and lower energy consumption. Such a scenario opens up new vistas of application for composite materials across all industrial sectors. Composite rollers comprise core business of many industries. These materials are made using raw materials like prepreg fabrics, resins, and fibers and two technologies. Two technologies that are used for this purpose are wrapping and filament winding.

Type, end use, resin type, and region are the four parameters based on which the global composite rollers market has been segmented for better understanding of the market.

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Global Composite Rollers Market: Notable Developments

One of the developments that characterize the changing course of the global composite rollers market is as mentioned below:

* In March 2019, Netherlands-based Pronexos B.V. entered into a partnership with Apex International for supply of carbon fiber composite rollers. The latter is a leading producer of metering rolls and anilox for the printing industry across the globe. This partnership is likely to assist Pronexos B.V in meeting the increasing demand for composite rollers in packaging and printing applications.

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Some well-known organizations in the global composite rollers market comprise the below-mentioned:

1. Pronexos B.V.
2. Artur Kpper GmbH & Co. KG
3. Beijing Haosheng Transmission Technology Co. Ltd.
4. Lorbrand Composites
5. Mitsubishi Chemical Corporation
6. Flexible Steel Lacing Company

Global Composite Rollers Market: Key Trends

The following drivers, opportunities, and restraints characterize global composite rollers market over the review period, from 2019 to 2027.

Properties of Composite Rollers Creates its Huge Demand in the Paper and Pulp Industry

The expansion of the global composite rollers market is mainly owing to the rising demand from several end use industries like textile, mining, and paper and pulp. Composite rollers are produced utilizing carbon fiber is likely to emerge as one of the fastest growing segment due to its unique properties. Carbon fiber composite rollers come with superior tension control, lightweight, and high strength among other properties.

In addition, high demand for carbon fiber composite rollers from the textile and paper and pulp industries is one of the major factors for composite rollers market growth. Composite rollers are extensively utilized in many applications as guide rollers, printing rollers, which create massive demand for the product in the paper and pulp industry. Various properties of composite rollers like resistance to high temperature, chemicals, wear, and corrosion make it suitable for use in paper and pulp mills. These factors are likely to drive the expansion of the global composite rollers market over the review period, from 2019 to 2027.

Composite rollers are substantially used in the mining industry as these rollers offer diminished noise and vibration, consumes low electricity, low inertia, and exceptional strength. Furthermore, composite rollers are very lightweight as compared to steel rollers and they do not require frequent replacement. These factors are likely to add impetus to the growth of the global composite rollers market in years to come.

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Global Composite Rollers Market: Geographical Analysis

To offer comprehensive view of the global composite rollers market, TMR experts have split the market on the basis of regions. Latin America, Europe, Asia Pacific, the Middle East and Africa, and North America comprise the major regions of the market.

From the geographical perspective, Asia Pacific is expected to retain its market dominance throughout the period of forecast. Such dominance in Asia Pacific is ascribed to the considerable use and demand for composite rollers in the packaging, paper and pulp, and mining industries of the region. In addition many companies in the region are adopting the product due to it’s prolong life cycle and lightweight, which boosts the composite rollers market in Asia Pacific.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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