Europe Composite Rollers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Fiber Type, Resin Type, and End-Use Industry

Europe Composite Rollers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Fiber Type, Resin Type, and End-Use Industry

  • July 2021 •
  • 134 pages •
  • Report ID: 6134276 •
  • Format: PDF
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.

The major players operating in Europe composite rollers market are Artur Kuepper Pty Ltd and Double E Company LLC, among others.The key market players are focused on new and improved product offerings so that they could meet the demand of specific end-use industries in the market, which is further expected to boost the market growth.

In particular, the standard methods have been developed by the International Standards Organization (ISO) with the help of Comitée Européen de Normalization (CEN) in the support of the single European market, as well as American Society mainly for Testing and Materials (ASTM).These test methods particularly illustrate the standards for composite materials & products and for intermediate products, which are highly being developed, although product standards.

All these activities are further influencing the studied market growth.

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, the 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.

Based on fiber type, the market is segmented into carbon, glass, and others.The carbon segment is expected to grow at the fastest CAGR during the forecasted period.

Carbon fiber is a long thin strand of material composed up of carbon atoms and with a diameter of approximately 0.005 mm to 0.010 mm. These fibers offer high tensile strength, coupled with high-temperature tolerance and durability. Carbon fibers possess higher stiffness & strength, excellent corrosion resistance, and longer lifespans than other materials such as aluminum and steel. Hence, these fibers find wider application in end-use industries. The fibers are rigid and chemically inert, which makes them challenging to compress, as well as to stretch. These fibers contribute high strength to the vessels used in glass storage, which helps prevent the explosions of gas storage systems. They are used in several end-use industries such as mining, textile, pulp & paper, aerospace & defense, automotive, construction, and others. With the rise in focus toward lightweight, resistant, corrosion-resistant, and fire-tolerant composite materials, there has been an increase in use of carbon fibers in composite rollers. The use of carbon fiber composite materials has gained prominence in the manufacture of efficient composite roller production, owing to their rigidity, resistance to high-temperature, and more extended durability.

The overall Europe composite rollers market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining an overview and forecast for the Europe composite rollers market with respect to all the segments pertaining to the region.Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders, specializing in the Europe composite rollers market. A few of the key companies operating in the market are Artur Kuepper Pty Ltd.; Belle Banne Conveyor Products; Double Company LLC; Epsilon Composite; FWT Composites & Rolls GmbH; HÄHL GmbH; Inometa; Lorbrand Composites; Nepean Conveyors, Pronexos B.V.; Reglass S.R.L; North Street Cooling Towers Pvt. Ltd.; and Flexco.

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