At 4.5% CAGR, the Middle East & Africa Composite Rollers Market is Projected to be Worth US$ 19.56 million by 2030, Says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa composite rollers market was valued at US$ 13.77 million in 2022 and is expected to reach US$ 19.56 million by 2030, registering a CAGR of 4.5% from 2022 to 2030. Increasing use of composites rollers in several end-use industries and expanding logistics industry are among the critical factors attributed to the Middle East & Africa composite rollers market expansion.

Composite rollers are utilized in several industries, such as printing, textile, mining, and paper & pulp. These types of rollers are created by using raw materials, including carbon and glass fibers, resins, and coatings, using different technologies. The constant evolution, mainly in the case of industrial machinery, is correlated to easy handling, lower consumption of energy, and lightweight. Such a scenario further opens new prospects for the utilization of composite materials throughout many industrial sectors. Composite rollers find applications in specific areas in mines, such as small and large machinery; hence, the rising mining and exploration activities are expected to boost the demand for these rollers, thereby boosting the composite rollers market growth.

The expanding use of composite rollers in the pulp & paper industry is stimulating the growth of the Middle East & Africa composite rollers market. The composite rollers are highly used in pulp & paper industry as they provide excellent strength, decrease vibration and noise, low inertia, and low electricity consumption. In the paper & pulp industry, composite rollers are used for applications such as paper guide rollers, guide rollers for screens or felts, rollers for the dryer section, shaken breast rollers, and calendar guide rollers. In recent years, the paper & pulp industry has grown significantly due to the growing demand for paper packaging products, the expanding online retail sector, and the increasing use of hygiene products. The demand for packaging products is increasing due to the tremendous growth of the e-commerce sector in various countries. In addition, the increasing demand for hygiene products such as toilet paper, wipes, tissues, and paper towels has also positively favored the paper & pulp industry growth.

The rising environmental concerns have also encouraged consumers and companies to use paper products as an alternative to other products. Composite rollers are light in weight, consume significantly less power, and can be made from recycled materials. This environment-friendly aspect of composite rollers is driving the demand for composite rollers from various application sectors. Thus, the strong growth of the paper & pulp industry is driving the composite rollers market growth.

On the contrary, growing environmental concerns toward recycling of carbon and glass fiber composites hampers the growth Middle East & Africa composite rollers market.

Based on fiber type, the Middle East & Africa composite rollers market is classified into carbon, glass, and others. Carbon segment is divided into PAN based and pitch based. The carbon segment held 53.0% share of the Middle East & Africa composite rollers market in 2022, amassing US$ 7.30 million. It is projected to garner US$ 10.86 million by 2030 to expand at 5.1% CAGR during 2022-2030.

Based resin type, the Middle East & Africa composite rollers market is bifurcated into thermoset and thermoplastic. Thermoset is subsegmented into epoxy, polyurethane, and others. Thermoplastic is subsegmented into polyethylene, polypropylene, poly vinyl chloride, and others. The thermoplastic segment held 59.5% share of the Middle East & Africa composite rollers market in 2022, amassing US$ 8.19 million. It is projected to garner US$ 11.81 million by 2030 to expand at 4.7% CAGR during 2022-2030.

Based on end use, the Middle East & Africa composite rollers market is categorized into mining, paper and pulp, textile, film and foil, printing, and others. The paper and pulp segment held 29.1% share of Middle East & Africa composite rollers market in 2022, amassing US$ 4.00 million. It is projected to garner US$ 6.10 million by 2030 to expand at 5.4% CAGR during 2022-2030.

Based on country, the Middle East & Africa composite rollers market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa held 40.4% share of Middle East & Africa composite rollers market in 2022, amassing US$ 5.56 million. It is projected to garner US$ 7.73 million by 2030 to expand at 4.2% CAGR during 2022-2030.

Key players operating in the Middle East & Africa composite rollers market are ADENTE Advanced Engineering Technologies, Composite Conveyor Equipment Co, Fritz Schafer GmbH & Co KG, Lorbrand (Pty) Ltd, and Rossini SpA, among others.


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