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; it is estimated to grow at a CAGR of 4.5% from 2022 to 2030.
Escalating Demand for Advanced Composite Materials for Various Applications Fuels Middle East & Africa Composite Rollers Market
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.
Middle East & Africa Composite Rollers Market Overview
The Middle East & Africa composite rollers market is segmented into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. The region is expected to witness a rapid increase in commercialization and industrialization, which would further boost the growth of various industrial sectors. Supported by the government, Dubai has developed industrial hubs in this region. The key motive of the industrial hubs is to attract manufacturers looking to set up new plants. According to the UAE's Department of Economic Development (DED), the manufacturing industry accounts for 80% of Dubai's non-oil trade, which makes it the second-largest contributor to the UAE economy. The government is looking forward to investing large amounts in the manufacturing industry.
The Middle East is experiencing decent growth in the number of industries that are demanding advanced products and solutions. This factor is boosting the composite rollers market growth in the region. Composite rollers are used as alternatives to the conventional steel rollers. Usually, steel rollers are utilized in several operations in the mining fields, paper & pulp industries, textile industries, and other sectors. However, steel rollers are bulky and difficult to transport. Moreover, they generate significant noise levels. Owing to these disadvantages of steel rollers, the utilization of composite rollers is on the rise since they offer benefits such as long life, reduction in weight, minimum downtime, low noise levels, and low maintenance cost.
Middle East & Africa Composite Rollers Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Composite Rollers Market Segmentation
The Middle East & Africa composite rollers market is segmented into fiber type, resin type, end use, and country.
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 the largest share in 2022.
By 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 the largest share in 2022.
In terms of 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 the largest share in 2022.
Based on country, the Middle East & Africa composite rollers market is segmented South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa dominated the Middle East & Africa composite rollers market in 2022.
ADENTE Advanced Engineering Technologies, Composite Conveyor Equipment Co, Fritz Schafer GmbH & Co KG, Lorbrand (Pty) Ltd, and Rossini SpA are some of the leading companies operating in the Middle East & Africa composite rollers market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 13.77 Million |
| Market Size by 2030 | US$ 19.56 Million |
| CAGR (2022 - 2030) | 4.5% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Fiber Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
1. ADENTE Advanced Engineering Technologies
2. Composite Conveyor Equipment Co
3. Fritz Schafer GmbH & Co KG
4. Lorbrand (Pty) Ltd
5. Rossini SpA
The Middle East & Africa Composite Rollers Market is valued at US$ 13.77 Million in 2022, it is projected to reach US$ 19.56 Million by 2030.
As per our report Middle East & Africa Composite Rollers Market, the market size is valued at US$ 13.77 Million in 2022, projecting it to reach US$ 19.56 Million by 2030. This translates to a CAGR of approximately 4.5% during the forecast period.
The Middle East & Africa Composite Rollers Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Composite Rollers Market report:
The Middle East & Africa Composite Rollers Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Composite Rollers Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Composite Rollers Market value chain can benefit from the information contained in a comprehensive market report.
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