Los Angeles, CA -- (SBWIRE) -- 04/20/2019 -- Industrial Roller Chain Drives market is the type of chain drive most commonly used for transmission of mechanical power on many kinds of domestic, industrial and agricultural machinery, including conveyors, wire- and tube-drawing machines, printing presses, cars, motorcycles, and bicycles.
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Industrial Roller Chain Drives has lower technology barrier and is labor-intensive industry. Currently, there are many producing companies in the world Industrial Roller Chain Drives industry. The main market players are Tsubaki, Renold, Iwis and Rexnord etc. The prodution of Industrial Roller Chain Drives will increases to 404 K MT in 2017 from 353 K MT in 2012.
The Industrial Roller Chain Drives are mainly used in Food Processing, Manufacturing, Agricultural Machine and others Report data showed that 34.46% of the Industrial Roller Chain Drives market demand in Manufacturing, 28.75% % in Food Processing, and 24.28% in Agricultural Machine in 2016. With the development of economy, these industries will need more Industrial Roller Chain Drives. So, Industrial Roller Chain Drives have a huge market potential in the future.
The global Industrial Roller Chain Drives market was 2800 million US$ in 2018 and is expected to 3100 million US$ by the end of 2025, growing at a CAGR of 1.4% between 2019 and 2025.
This report studies the Industrial Roller Chain Drives market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include:
Zhejiang Hengjiu Machinery Group
Hangzhou Donghua Chain Group
Wantai Chain Transmission
Zhejiang Jindun Chain
By the product type, the market is primarily split into:
By the end users/application, this report covers the following segments:
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