Composite Rollers Market
Chemicals and Materials

2021 Composite Rollers Market is Emerging with 5.1% of CAGR by 2028

 

Composite rollers are basically made by using raw material which includes resins, fibers, prepreg fabrics and two technologies. The two technologies which are involved for this purpose are filament winding and wrapping. The constant innovation and development in the industrial machineries is demanding lightweight and lower consumption of energy. Such innovation and development have led to the increased application of composite material in several end-use industries.

INCREASING DEMAND FOR COMPOSITES ROLLERS FROM VARIOUS SECTORS IS GOING TO INFLUENCE THE COMPOSITES ROLLERS MARKET GLOBALLY

 

Composite rollers usually utilized in the major business of several industries. These types of rollers are created by using raw materials, including carbon and glass fibers, resins, prepreg fabrics, and some technologies. The constant evolution, mainly in case of industrial machinery, is correlated to easy handling, lower consumption of energy, and lightweight. Such a scenario further opens new prospects of utilization for composite materials throughout all industrial sectors. Composite rollers find applications in specific areas in mines such as small and large machineries; hence, the rising mining & exploration activities are expected to boost the demand for these rollers, thereby boosting the market growth. Moreover, expanded use of composite rollers in the pulp & paper industry is stimulating the growth of the global composite rollers market. In the mining industry, composite rollers are generally used as they provide excellent power, decreased vibration & noise, low inertia, and low electricity consumption. The pulp & paper industry is presumed to generate significant demand for composite rollers since they are widely employed as printing rollers, conveyor rollers, and guide rollers, as well as in other applications. The use of composite rollers can assist a mining company in gaining green points or diminish its carbon footprint as they have a significant value in the recycling market. Composite rollers are light in weight and consume significantly less power and contribute to the environment. This environment-friendly aspect of composite rollers is assumed to draw significant demand for eco-friendly composites rollers in mining, as well as other sectors such as pulp & paper and textiles, in years to come.

By end-use industries, the global composite rollers market is bifurcated into mining, pulp and paper, textile, film and foil processing and other end-use industry. In 2020, the pulp and paper segment accounted for the largest revenue share. The pulp and paper industry is one of the major consumer of composite rollers, which is due to the increase in the usage of composite rollers as printing roller, guide rollers, and other applications. The composite rollers possess various characteristics, which includes resistance to corrosion, wear, high temperature, and chemicals, which basically makes it highly useful for application in pulp and paper mills. The carbon composite rollers offer reduced vibration and noise, less electricity consumption, low inertia, longer life, and durability. By resin type, the global composite rollers market is bifurcated into thermoset and thermoplastic. In 2020, thermoset segment accounted for the largest revenue share.

 

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