Report : South & Central America Composite Rollers Market Forecast to 2030 - Regional Analysis - by Fiber Type [Carbon (PAN Based and Pitch Based), Glass, and Others], Resin Type [Thermoset (Epoxy, Polyurethane, and Others) and Thermoplastic (Polyethylene, Polypropylene, Poly Vinyl Chloride, and Others)], and End Use (Mining, Paper and Pulp, Textile, Film and Foil, Printing, and Others)

At 4.3% CAGR, the South & Central America Composite Rollers Market is Speculated to be Worth US$ 13.51 million by 2030, Says Business Market Insights

According to Business Market Insights' research, the South & Central America composite rollers market was valued at US$ 9.62 million in 2022 and is expected to reach US$ 13.51 million by 2030, registering a CAGR of 4.3% from 2022 to 2030. Escalating demand for advanced composite materials for various applications and rising demand for lightweight and corrosion resistant rollers are among the critical factors attributed to the South & Central America composite rollers market expansion.

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 and durability while weighing up to 60% less than conventional steel rollers. Lorbrand Composite Rollers are further available in various materials, such as HDPE, ECO-HDPE, UHMWPE, CF-HDPE, FLAME RESISTANT, and FRAS material that is approved for utilization in underground machinery applications. Unlike some other rollers that utilize press-in end caps, the Lorbrand Composite Rollers contain 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. Advanced composite rollers consistently show that in most testing environments, a composite roller will outlast steel. This means fewer roller replacements, less roller-inflicted damage to the belt, much lower noise emissions, and significantly reduced power consumption. Thus, the escalating demand for advanced composite materials for various applications is expected to boost the market growth.

On the contrary, growing environmental concerns toward recycling of carbon and glass fiber composites hampers the growth South & Central America composite rollers market.

Based on fiber type, the South & Central America composite rollers market is classified into carbon, glass, and others. Carbon segment is divided into PAN based and pitch based. The carbon segment held 53.7% share of the South & Central America composite rollers market in 2022, amassing US$ 5.16 million. It is projected to garner US$ 7.58 million by 2030 to expand at 4.9% CAGR during 2022-2030.

Based resin type, the South & Central America 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 60.5% share of the South & Central America composite rollers market in 2022, amassing US$ 5.82 million. It is projected to garner US$ 8.31 million by 2030 to expand at 4.5% CAGR during 2022-2030.

Based on end use, the South & Central America composite rollers market is categorized into mining, paper and pulp, textile, film and foil, printing, and others. The paper and pulp segment held 31.7% share of South & Central America composite rollers market in 2022, amassing US$ 3.05 million. It is projected to garner US$ 4.56 million by 2030 to expand at 5.2% CAGR during 2022-2030.

Based on country, the South & Central America composite rollers market is categorized into Brazil, Argentina, the Rest of South & Central America. Brazil held 52.3% share of South & Central America composite rollers market in 2022, amassing US$ 5.03 million. It is projected to garner US$ 7.23 million by 2030 to expand at 4.6% CAGR during 2022-2030.

Key players operating in the South & Central America composite rollers market are Double E Co LLC, Fritz Schafer GmbH & Co KG, Lorbrand (Pty) Ltd, and PROK Pty Ltd, among others.

  • In 2022; Double E Company LLC acquired Daven Manufacturing LLC. With this acquisition, Double E Company LLC can broaden their reach into the production of floor, continuing their mission to deliver productivity and safety solutions that solve operational challenges throughout the converting industry.


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