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Europe Composite Rollers Market share and growth factors impact analysis 2022 - 2030

08-05-2024 09:20 PM CET | Chemicals & Materials

Press release from: Business Market Insights

The Europe Composite Rollers market was valued at US$ 32.98 million in 2022 and is expected to reach US$ 47.72 million by 2030; it is estimated to grow at a CAGR of 4.7% from 2022 to 2030.

Rising Demand for Lightweight and Corrosion Resistant Rollers Fuels Europe Composite Rollers Market

The market for composite rollers is booming due to the increasing demand for lightweight and corrosion-resistant rollers to gain operational as well as safety benefits. Composite rollers are further considered as an alternative to traditional steel rollers. Steel rollers have primarily been utilized in a variety of operations, mainly in the textile, mining, paper & pulp industries and in other sectors. Steel rollers are large in size and difficult to transport. They also produce vast amounts of noise. The use of composite rollers is increasing due to their benefits, including long life, low noise levels, high strength, and low maintenance costs. In addition, the resistance to corrosion and lightweight composite rollers have led to their increased use in several industries, which is driving the Europe composite rollers market growth.

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Composite rollers are much lighter than traditional steel and aluminum rollers. This makes them easier to install and helps reduce energy costs. Thus, all the factors mentioned above boost the demand for composite rollers, thereby favoring the market growth.

MARKET INTRODUCTION

The Europe composite rollers market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The countries such as the UK, Germany, and Russia have been witnessing significant growth in the implementation of technologically advanced solutions. Mining, textile, and pulp & paper are among the other industries flourishing in the region and subsequently bolstering the growth of the composite rollers market. In the case of mining activities, Russia holds a significant position in the world, and in the mining industry, these composite rollers are gaining popularity. The textile industry is another strong contributor to the rising demand for composite rollers in Europe. This industry is mainly characterized by the presence of small, medium, and large companies that offer customized products to meet the strong demand from international and domestic customers. The key market players focus on new and improved product offerings to meet the demand of specific end-use industries, which is further expected to boost the market growth.

Europe Composite Rollers Market Revenue and Forecast to 2030 (US$ Million)
List of Companies Profiled in the Europe Composite Rollers Market Report are:
• B&T Composites SA
• Double E Co LLC
• EPSILON Composite SA
• Fritz Schafer GmbH & Co KG
• FWT Composites & Rolls GmbH
• HAHL GmbH
• INOMETA GmbH
• Lorbrand (Pty) Ltd

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Key Segmentation:

The Europe composite rollers market is segmented into fiber type, resin type, end use, and country.

Based on fiber type, the Europe composite rollers market is classified into carbon, glass, and others. Carbon segment is divided into PAN based and pitch based. The carbon segment held the largest share in 2022.

By resin type, the Europe composite rollers market is bifurcated into thermoset and thermoplastic. Thermoset segmented is categorized into epoxy, polyurethane, and others. Also, thermoplastic segment is subsegmented into polyethylene, polypropylene, poly vinyl chloride, and others. The thermoplastic segment held the largest share in 2022.

In terms of end use, the Europe composite rollers market is categorized into mining, paper and pulp, textile, film and foil, printing, and others. The paper and pulp segment held the largest share in 2022.

Based on country, the Europe composite rollers market is segmented Germany, France, Italy, the UK, Russia, and the Rest of Europe. Germany dominated the Europe composite rollers market in 2022.

Table of Contents

Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.

Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and market size. It also covers market share and growth rate by regions.

Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.

Breakdown by Product and Application: This section provides details about market size by product and application.

Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.

Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.

Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.

Key Findings of the Research Study

Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.

Contact us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Ankit Mathur
Email: sales@businessmarketinsights.com
Phone: +16467917070

About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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