The composite rollers industry is poised for substantial growth, projecting a consistent Compound Annual Growth Rate (CAGR) of 7.6% from 2023 to 2033. Envisioned to achieve a market share of US$ 297.4 million by 2033, the market is anticipated to reach a value of US$ 143.3 million in 2023. The escalating adoption of composite materials across diverse industrial and construction applications is unlocking promising prospects for market expansion. As these materials prove instrumental in enhancing operational efficiency and durability, the composite rollers market is primed to capitalize on evolving opportunities in the coming decade.
Request an Industry Overview Sample and Seize Growth Opportunities! https://www.futuremarketinsights.com/reports/sample/rep-gb-17438
Key Points
- The United States market leads the composite rollers market in terms of market share in North America. The United States region is thriving at a CAGR of 7.5%. The growth in this region is attributed to the government’s efforts for sustainable solutions, high-end research and development programs, and the flourishing paper business. The region is expected to reach a value of US$ 51.2 million by 2033.
- The United Kingdom market is another important market. The market thrives at a CAGR of 7.4% from 2023 to 2033. The growth is attributed to old printing businesses and innovative product launches. The regional market is projected to reach a value of US$ 11.1 million by 2033.
- China’s composite rollers market booms at a strong CAGR of 7.5% between 2023 and 2033. The growth is attributed to the high manufacturing activity along with the large paper printing sector. The market is likely to cross a value of US$ 59 million by 2033.
- Based on fiber, the carbon fiber segment leads the market as it thrives at a CAGR of 7.4% between 2023 and 2033.
- Based on resin type, the thermoset segment leads the market as the market thrives at a CAGR of 7.2% during the forecast period.
Competitive Landscape
The key vendors focus on experimenting with new materials that help the end user with durability and light rollers. Key competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.
Recent Market Developments
- Amalga Composites, Inc. has launched rollers with glass and carbon fiber options. The products ensure high security and durability.
- Artur Kuepper Pty. Ltd has introduced the durable composite roller with customization available on request.
Key Players in the Composite Rollers Industry
- Amalga Composites, Inc
- Artur Kuepper Pty. Ltd
- Beijing Haosheng Transmission Technology CO., LTD
- Belle Banne Conveyor Products
- Double Company LLC
- Epsilon Composite
- FWT Composites & Rolls GMBH
- HÄHL GMBH
- Inometa
Ready to elevate your business? Buy the report now and unlock opportunities for exponential growth: https://www.futuremarketinsights.com/checkout/17438
Key Segmentation of the Composite Rollers Industry
By Fiber Type:
- Carbon
- Glass
- Others
By Resin Type:
- Thermoset
- Thermoplastic
By End-Use Type:
- Pulp & paper
- Mining
- Textile
- Film & Foil Processing
- Others
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube