The composite rollers market is set to experience robust growth with a steady compound annual growth rate (CAGR) of 7.6% from 2023 to 2033. The market is predicted to reach a market share of US$ 297.4 million by 2033, compared to its estimated value of US$ 143.3 million in 2023. This growth can be attributed to the increasing innovation in the manufacturing and construction sectors, particularly the integration of durable composite materials, which promise enhanced performance and efficiency.
Moreover, the adoption of lightweight composite materials, such as carbon fiber and glass fiber, is expected to drive the market as businesses explore alternative and sustainable materials. The industry’s value is further enhanced by the application of advanced resins, the growth of printing businesses, and the expansion in the paper production sector.
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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.
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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 Working in the Market
- 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
- Lorbrand Composites
- Nepean Conveyors
- North Street Cooling Towers PVT. LTD
- Flexco
- PRONEXOS
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Key Segmentation of the Market
By Fiber Type:
- Carbon
- Glass
- Others
By Resin Type:
- Thermoset
- Thermoplastic
By End-Use Type:
- Pulp & paper
- Mining
- Textile
- Film & Foil Processing
- Others
By Regions:
- North America
- Latin America
- Europe
- Japan
- APEJ
- MEA
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