ReleaseWire

Composite Rollers Market Worth $163 Million by 2024 : At a CAGR of 5.2%

The composite rollers market is projected to grow from USD 127 million in 2019 to USD 163 million by 2024, at a CAGR of 5.2% between 2019 and 2024. The market is growing due to the growing demand for lightweight rollers to achieve operational & safety benefits.

Posted: Friday, November 29, 2019 at 10:51 AM CST

Northrook, IL -- (SBWire) -- 11/29/2019 --The report "Composite Rollers Market by Fiber Type (Carbon, Glass, Others), End-Use Industry (Mining, Pulp & Paper, Textile, Film & Foil Processing), Resin Type, and Region (North America, Europe, APAC, Row) - Global Forecast to 2024" The composite rollers market size is estimated to grow from USD 127 million in 2019 to USD 163 million by 2024, at a CAGR of 5.2% during the forecast period. The composite rollers market is witnessing significant growth because of the growing demand from end-use industries such as mining, pulp & paper & textile.

Browse 101 market data Tables and 29 Figures spread through 125 Pages and in-depth TOC on "Composite Rollers Market - Global Forecast to 2024"

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=112121358

The pulp & paper industry is estimated to account for the largest share of the composite rollers market in 2019
Pulp & paper is the major end-use industry in the composite rollers market in 2019. APAC and North America are the key markets due to the superior properties offered by composite rollers that make it very useful to operate in corrosive and high-temperature environments. Increasing usage fo composite rollers as newspaper printing roller, lamination roller, and guide roller is driving the demand in the pulp & paper industry.

APAC is expected to be the largest market for composite rollers during the forecast period.
APAC is expected to dominate the composite rollers market during the forecast period due to the substantial adoption of composite rollers in the mining, pulp & paper, and packaging sectors. Composite rollers are lightweight and offer superior life-cycle in comparison to other metal rollers due to which Asian companies are adopting these rollers to minimize the overall cost. Moreover, growing mining industries in China and Australia is one of the significant factors behind the high consumption of composite rollers in the region.

Speak PDF Brochure @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=112121358

Major composite rollers manufacturers are Lorbrand Composites (South Africa), Double E Company LLC (US), Pronexos (Netherlands), Conveyor Products & Solutions (Australia), NEPEAN Conveyors (Australia), and Artur Küpper GmbH & Co. KG (Germany).

Recent Developments:
- In March 2019, Pronexos joined hands with Apex International (Netherlands), where the former company will supply carbon fiber composite rollers to Apex International. This partnership will help Pronexos to cater to the growing demand for composite rollers in the printing and packaging applications.
- In November 2017, NEPEAN Conveyors acquired Sandvik's specialist conveyor systems business and international conveyor components businesses and in Finland. This acquisition helped the company to become one of the largest specialists in conveyor components.

Key Questions Addressed by the Report:
- What are the major end-use industries of composite rollers?
- Which industry is the major consumer of composite rollers?
- Which region is the largest and fastest-growing market for composite rollers?
- What are the major types of composite rollers?
- What are the major strategies adopted by leading market players?

Request Bundle Report @ https://www.marketsandmarkets.com/RequestBundleReport.asp?id=112121358

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com