Europe Composite Rollers Market to Grow at a CAGR of 4.7% to reach US$ 34,173.83 thousand Million from 2021 to 2028

Europe Composite Rollers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Fiber Type (Glass, Carbon, and Other Fiber Types), Resin Type (Thermoset and Thermoplastic), and End-Use Industry (Mining, Pulp & Paper, Textile, Film & Foil Processing, and Others)

  • Report Code : TIPRE00023731
  • Category : Chemicals and Materials
  • Status : Published
  • No. of Pages : 134
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The Europe composite rollers market is expected to grow from US$ 24,764.18 thousand in 2021 to US$ 34,173.83 thousand by 2028; it is estimated to grow at a CAGR of 4.7% from 2021 to 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. 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 Europe 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. 

In case of COVID-19, in Europe, especially France, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of composite rollers manufacturing activities. Downfall of other chemical and materials manufacturing sectors has negatively impacted the demand for composite rollers during the early months of 2020. Moreover, decline in the overall composite materials manufacturing activities has led to discontinuation of composite rollers manufacturing projects, thereby reducing the demand for composite rollers. Similar trend was witnessed in other Europe countries, i.e., Russia, UK, Italy, Spain, Germany and Poland. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021. 

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe composite rollers market. The advanced composite material used in the rollers allow renegade materials to shed and prevent damage in the case of composite rollers while using with heavy machinery. 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 & durability while weighing up to 60% less than conventional steel rollers. Lorbrand Composite Rollers are further available in various materials, like HDPE, ECO-HDPE, UHMWPE, CF-HDPE, Flame Resistant, and FRAS material that approved for utilization in underground machinery applications. Unlike some other rollers that utilizes press in end caps, the Lorbrand Composite Rollers contains 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 in the market. Advanced composite rollers consistently show that in most testing environments, a composite roller will outlast steel or less developed HDPE counterparts. This means more uptime, less inventory holding, fewer roller replacements, less roller inflicted damage to the belt, much lower noise emissions, and most importantly, significantly reduced power consumption.Europe composite rollers market
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Europe Composite Rollers Market Segmentation

Europe Composite Rollers Market – By Fiber Type


  • Glass
  • Carbon
  • Other Fiber Types

Europe Composite Rollers Market – By Resin Type


  • Thermoset
  • Thermoplastic

Europe Composite Rollers Market – By End-Use Industry


  • Mining
  • Pulp & Paper
  • Textile
  • Film & Foil Processing
  • Others

Europe Composite Rollers Market – By Country


  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Fiber Type, Resin Type, and End-Use Industry

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

UK, Germany, France, Italy, Russia

  1. Artur Kuepper Pty Ltd.
  2. Belle Banne Conveyor Products
  3. Double E Company LLC
  4. Epsilon Composite
  5. FWT Composites & Rolls GmbH
  6. HÄHL GmbH
  7. Inometa
  8. Lorbrand Composites
  9. Flexco
  10. Nepean Conveyors
  11. North Street Cooling Towers Pvt. Ltd.
  12. Pronexos B.V.
  13. Reglass S.R.L

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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