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North America Composite Rollers Market Forecast to 2030
North America Composite Rollers Market Forecast to 2030 – Regional Analysis – by Fiber Type [Carbon (PAN Based and Pitch Based), Glass, and Others], Resin Type [Thermoset (Epoxy, Polyurethane, and Others) and Thermoplastic (Polyethylene, Polypropylene, Poly Vinyl Chloride, and Others)], and End Use (Mining, Paper and Pulp, Textile, Film and Foil, Printing, and Others)
$2,485 – $3,885
- Description
- Toplines
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- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
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Description
Increasing Use of Composites Rollers in Several End-Use Industries Fuels North America Composite Rollers Market
Composite rollers are utilized in several industries, such as printing, textile, mining, and paper & pulp. These types of rollers are created by using raw materials, including carbon and glass fibers, resins, and coatings, using different technologies. The constant evolution, mainly in the case of industrial machinery, is correlated to easy handling, lower consumption of energy, and lightweight. Such a scenario further opens new prospects for the utilization of composite materials throughout many industrial sectors. Composite rollers find applications in specific areas in mines, such as small and large machinery; hence, the rising mining and exploration activities are expected to boost the demand for these rollers, thereby boosting the composite rollers market growth.
The expanding use of composite rollers in the pulp & paper industry is stimulating the growth of the North America composite rollers market. The composite rollers are highly used in pulp & paper industry as they provide excellent strength, decrease vibration and noise, low inertia, and low electricity consumption. In the paper & pulp industry, composite rollers are used for applications such as paper guide rollers, guide rollers for screens or felts, rollers for the dryer section, shaken breast rollers, and calendar guide rollers. In recent years, the paper & pulp industry has grown significantly due to the growing demand for paper packaging products, the expanding online retail sector, and the increasing use of hygiene products. The demand for packaging products is increasing due to the tremendous growth of the e-commerce sector in various countries. In addition, the increasing demand for hygiene products such as toilet paper, wipes, tissues, and paper towels has also positively favored the paper & pulp industry growth. Various countries in North America are significant producers of pulp and paper. Country such as the US is some of the major paper and pulp producers in the world. Food delivery is a booming industry in the country.
The rising environmental concerns have also encouraged consumers and companies to use paper products as an alternative to other products. Composite rollers are light in weight, consume significantly less power, and can be made from recycled materials. This environment-friendly aspect of composite rollers is driving the demand for composite rollers from various application sectors. Thus, the strong growth of the paper & pulp industry is driving the composite rollers market growth.
North America Composite Rollers Market Overview
The North America composite rollers market is segmented into the US, Canada, and Mexico. In North America, the US is a major market for composite rollers. Manufacturing companies located in this region are continuously enhancing their overall business processes to cater to the demands of customers in the best possible way. Most of the domestic and international companies have a strong foothold in North America. The increasing demand for composite rollers from mining, textile, paper & pulp, and other industries is boosting the growth of the market in the region. These types of rollers are created by using raw materials, including fibers and resins. The constant evolution, mainly in the landscape of industrial machinery, is correlated to easier handling, lower energy consumption, and lightweight. Such a scenario further opens new prospects of application for composite materials throughout all industrial sectors. Composite rollers are employed in specific areas in mines in case of heavy types of machinery; thus, the rising mining and exploration activities are presumed to boost the demand for these rollers. The expanded use of composite rollers in other industries, such as the pulp & paper industry, is stimulating the growth of the composite rollers market in this region. Moreover, the rising demand for lightweight rollers to achieve operational as well as safety benefits is boosting the market growth.
The presence of prominent manufacturers, suppliers, and distributors of composite materials in North America also influences the market expansion. North American Composites (NAC) is a well-known national distributor of composite raw materials and equipment, and it takes these materials from leading suppliers and distributes them to composite manufacturers. NAC offers its customers local service via its distribution centers located in the US and Canada. The company’s warehouses maintain inventories of all required materials for composites manufacturing. Some of them are resins, adhesives, gel coats, and fiberglass.
North America Composite Rollers Market Revenue and Forecast to 2030 (US$ Million)
North America Composite Rollers Market Segmentation
The North America composite rollers market is segmented into fiber type , resin type, end use, and country.
Based on fiber type, the North America 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 North America composite rollers market is bifurcated into thermoset and thermoplastic. Thermoset segment is subsegmented into epoxy, polyurethane, and others. Thermoplastic segment is further categorized into polyethylene, polypropylene, poly vinyl chloride, and others. The thermoplastic segment held the largest share in 2022.
In terms of end use, the North America 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 North America composite rollers market is segmented the US, Canada, and Mexico. The US dominated the North America composite rollers market in 2022.
Double E Co LLC, Fritz Schafer GmbH & Co KG, Lorbrand (Pty) Ltd, PROK Pty Ltd, and Rossini SpA are some of the leading companies operating in the North America composite rollers market.
Summary Info
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According to the Research Team’ research, the North America composite rollers market was valued at US$ 37.44 million in 2022 and is expected to reach US$ 55.41 million by 2030, registering a CAGR of 5.0% from 2022 to 2030. Escalating demand for advanced composite materials for various applications and increasing use of composite rollers in several end-use industries are among the critical factors attributed to the North America composite rollers market expansion.
Composite conveyor rollers are designed to handle any loads at the highest speeds in the most challenging environments. For instance, Lorbrand offers next-generation composite conveyor rollers designed to provide high performance and durability while weighing up to 60% less than conventional steel rollers. Lorbrand Composite Rollers are further available in various materials, such as HDPE, ECO-HDPE, UHMWPE, CF-HDPE, FLAME RESISTANT, and FRAS material that is approved for utilization in underground machinery applications. Unlike some other rollers that utilize press-in end caps, the Lorbrand Composite Rollers contain a friction-welded end cap. The friction welding process mainly binds the housing to the shell, efficiently welding the shell together, raising the structural integrity of the conveyor roller, and further eliminating a common failure point on existing composite rollers. Advanced composite rollers consistently show that in most testing environments, a composite roller will outlast steel. This means fewer roller replacements, less roller-inflicted damage to the belt, much lower noise emissions, and significantly reduced power consumption. Thus, the escalating demand for advanced composite materials for various applications is expected to boost the market growth.
On the contrary, growing environmental concerns toward recycling of carbon and glass fiber composites hampers the growth North America composite rollers market.
Based on fiber type, the North America composite rollers market is classified into carbon, glass, and others. Carbon segment is divided into PAN based and pitch based. The carbon segment held 53.9% share of the North America composite rollers market in 2022, amassing US$ 20.19 million. It is projected to garner US$ 31.38 million by 2030 to expand at 5.7% CAGR during 2022-2030.
Based resin type, the North America composite rollers market is bifurcated into thermoset and thermoplastic. Thermoset segment is further subsegmented into epoxy, polyurethane, and others. Also, thermoplastic segment is subsegmented into polyethylene, polypropylene, poly vinyl chloride, and others. The thermoplastic segment held 60.1% share of the North America composite rollers market in 2022, amassing US$ 22.49 million. It is projected to garner US$ 33.92 million by 2030 to expand at 5.3% CAGR during 2022-2030.
Based on end use, the North America composite rollers market is categorized into mining, paper and pulp, textile, film and foil, printing, and others. The paper and pulp segment held 32.2% share of North America composite rollers market in 2022, amassing US$ 12.05 million. It is projected to garner US$ 18.97 million by 2030 to expand at 5.8% CAGR during 2022-2030.
Based on country, the North America composite rollers market is categorized into the US, Canada, and Mexico. The US held 73.2% share of North America composite rollers market in 2022, amassing US$ 27.41 million. It is projected to garner US$ 41.11 million by 2030 to expand at 5.2% CAGR during 2022-2030.
Key players operating in the North America composite rollers market are Double E Co LLC, Fritz Schafer GmbH & Co KG, Lorbrand (Pty) Ltd, PROK Pty Ltd, and Rossini SpA, among others.
In 2022; Double E Company LLC acquired Daven Manufacturing LLC. With this acquisition, Double E Company LLC can broaden their reach into the production of floor, continuing their mission to deliver productivity and safety solutions that solve operational challenges throughout the converting industry.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in North America composite rollers market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 the Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
2.2.1 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Composite Rollers Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. North America Composite Rollers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Use of Composites Rollers in Several End-Use Industries
5.1.2 Rising Demand for Lightweight and Corrosion Resistant Rollers
5.2 Market Restraints
5.2.1 Growing Environmental Concerns Toward Recycling of Carbon and Glass Fiber Composites
5.3 Market Opportunities
5.3.1 Expanding Logistics Industry
5.4 Future Trends
5.4.1 Escalating Demand for Advanced Composite Materials for Various Applications
5.5 Impact Analysis
6. North America Composite Rollers Market – North America Market Analysis
6.1 Overview
6.2 North America Composite Rollers Market Revenue (US$ Million)
6.3 North America Composite Rollers Market Forecast and Analysis
7. North America Composite Rollers Market Analysis – Fiber Type
7.1 Carbon
7.1.1 Overview
7.1.2 Carbon Market Revenue and Forecast to 2030 (US$ Million)
7.1.3 PAN Based
7.1.4 Pitch Based
7.2 Glass
7.2.1 Overview
7.2.2 Glass Market Revenue and Forecast to 2030 (US$ Million)
7.3 Others
7.3.1 Overview
7.3.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. North America Composite Rollers Market Analysis – Resin Type
8.1 Thermoset
8.1.1 Overview
8.1.2 Thermoset Market Revenue and Forecast to 2030 (US$ Million)
8.1.3 Epoxy
8.1.4 Polyurethane
8.1.5 Others
8.2 Thermoplastic
8.2.1 Overview
8.2.2 Thermoplastic Market Volume, Revenue and Forecast to 2030 (US$ Million)
8.2.3 Polyethylene
8.2.4 Polypropylene
8.2.5 Polyvinyl Chloride
8.2.6 Others
9. North America Composite Rollers Market Analysis – End Use
9.1 Mining
9.1.1 Overview
9.1.2 Mining Market Revenue, and Forecast to 2030 (US$ Million)
9.2 Paper and Pulp
9.2.1 Overview
9.2.2 Paper and Pulp Market Revenue and Forecast to 2030 (US$ Million)
9.3 Textile
9.3.1 Overview
9.3.2 Textile Market Revenue and Forecast to 2030 (US$ Million)
9.4 Film and Foil
9.4.1 Overview
9.4.2 Film and Foil Market Revenue and Forecast to 2030 (US$ Million)
9.5 Printing
9.5.1 Overview
9.5.2 Printing Market Revenue and Forecast to 2030 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
10. North America Composite Rollers Market – Country Analysis
10.1 North America Composite Rollers Market, by Key Country- Revenue (2022) (US$ Million)
10.1.1 North America Composite Rollers Market Revenue and Forecasts and Analysis – By Countries
10.1.1.1 North America Composite Rollers Market Breakdown by Country
10.1.1.2 US: North America Composite Rollers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.2.1 US: North America Composite Rollers Market Breakdown by Fiber Type
10.1.1.2.2 US: North America Composite Rollers Market Breakdown by Resin Type
10.1.1.2.3 US: North America Composite Rollers Market Breakdown by End Use
10.1.1.3 Canada: North America Composite Rollers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.3.1 Canada: North America Composite Rollers Market Breakdown by Fiber Type
10.1.1.3.2 Canada: North America Composite Rollers Market Breakdown by Resin Type
10.1.1.3.3 Canada: North America Composite Rollers Market Breakdown by End Use
10.1.1.4 Mexico: North America Composite Rollers Market Revenue and Forecasts to 2030 (US$ Million)
10.1.1.4.1 Mexico: North America Composite Rollers Market Breakdown by Fiber Type
10.1.1.4.2 Mexico: North America Composite Rollers Market Breakdown by Resin Type
10.1.1.4.3 Mexico: North America Composite Rollers Market Breakdown by End Use
11. Competitive Landscape
11.1 Heat Map Analysis By Key Players
12. Industry Landscape
12.1 Overview
12.2 Product Launch
12.3 Partnerships and Collaborations
12.4 Mergers and Acquisition
13. Company Profiles
13.1 PROK Pty Ltd
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Lorbrand (Pty) Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Double E Co LLC
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Rossini SpA
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Fritz Schafer GmbH & Co KG
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
14. Appendix
LIST OF TABLES
Table 1. North America Composite Rollers Market Segmentation
Table 2. List of Raw Material Suppliers
Table 3. List of Manufacturers
Table 4. North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million)
Table 5. North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – Fiber Type
Table 6. North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – Resin Type
Table 7. North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – End Use
Table 8. US: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – By Fiber Type
Table 9. US: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – By Resin Type
Table 10. US: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – By End Use
Table 11. Canada: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – By Fiber Type
Table 12. Canada: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – By Resin Type
Table 13. Canada: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – By End Use
Table 14. Mexico: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – By Fiber Type
Table 15. Mexico: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – By Resin Type
Table 16. Mexico: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million) – By End Use
Table 17. Company Positioning & Concentration
LIST OF FIGURES
Figure 1. North America Composite Rollers Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: North America Composite Rollers Market
Figure 4. Market Dynamics: North America Composite Rollers Market
Figure 5. North America Composite Rollers Market Impact Analysis of Drivers and Restraints
Figure 6. North America Composite Rollers Market Revenue (US$ Million), 2020 – 2030
Figure 7. North America Composite Rollers Market Share (%) – Fiber Type, 2022 and 2030
Figure 8. Carbon Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Glass Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. North America Composite Rollers Market Share (%) – Resin Type, 2022 and 2030
Figure 12. Thermoset Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Thermoplastic Foam Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. North America Composite Rollers Market Share (%) – End Use, 2022 and 2030
Figure 15. Mining Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Paper and Pulp Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Textile Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Film and Foil Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Printing Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. North America Composite Rollers Market, by Key Country- Revenue (2022) (US$ Million)
Figure 22. North America Composite Rollers Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 23. US: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 24. Canada: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million)
Figure 25. Mexico: North America Composite Rollers Market Revenue and Forecasts To 2030 (US$ Million)
The List of Companies – North America Composite Rollers Market
1. Double E Co LLC
2. Fritz Schafer GmbH & Co KG
3. Lorbrand (Pty) Ltd
4. PROK Pty Ltd
5. Rossini SpA
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