Jan 9, 2018   SOURCE: BusinessWire

Global Chains and Sprockets Market in Material Handling Equipment 2018-2022 - Diverse Applications of Chains and Sprockets Driving the Market - Research and Markets

The "Global Chains and Sprockets Market in Material Handling Equipment 2018-2022" report has been added to Research and Markets' offering.

Global chains and sprockets market in material handling equipment to grow at a CAGR of 3.52% during the period 2018-2022.

The report covers the present scenario and the growth prospects of the global chains and sprockets market in material handling equipment for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is self-lubricated chains. In a typical chain and sprocket assembly, chains need to be lubricated on a timely basis to reduce the chances of wear and tear. In case the chains are not lubricated on time in facilities that involve heavy load carrying operations, the chances of damage to chains and sprockets as well as the peripheral equipment are high. To address this issue, manufacturers (e.g., USA Roller Chains & Sprockets, Regina, and Tsubakimoto Chain) have developed chains that are self-lubricating and can be lubricated once in a lifetime to ensure efficiency as well as convenience.

According to the report, one driver in the market is diverse applications of chains and sprockets across industrial applications. Chains are used in a wide variety of applications in different end-user industries such as machine tools, oil and gas, construction, mining, and others. Especially in the industries such as iron, steel, and aluminum: heavy transport weights and extreme environments are common, which necessitates heavy-duty chains and sprockets across different applications. In such industries, chains and sprockets display superior durability even in extreme conditions, such as transporting hot materials safely. Chains and sprockets are proven to be very useful in industrial applications with precision requirements.

Market Trends

  • Self-lubricated chains
  • Increased demand for customized chains and sprockets
  • Wear indicator technology in sprockets

Key Vendors

  • Regal Beloit
  • Renold
  • Rexnord
  • Timken
  • Tsubakimoto Chain

Other Prominent Vendors

  • 4B
  • ABB
  • Allied Locke Industries
  • Bea Ingranaggi
  • Chain + Conveyor
  • Chiaravalli Group
  • Chinabase Machinery
  • Cross & Morse
  • Diamond Chain Company
  • Dong Bo Chain
  • Fastenal
  • Gates
  • HONGSBELT
  • Industrias YUK
  • Iwis
  • John King Chains
  • KittenWulf
  • Martin Sprocket & Gear
  • Motion Industries
  • NGB Group
  • Regina Catene Calibrate
  • RJT Conveyors
  • SDP/SI
  • SEDIS
  • Wippermann
  • Wire Belt
  • WMH Herion
  • Zhejiang Gidi Industrial Chain

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation by Product

Part 08: Customer Landscape

Part 09: Market Segmentation by End-User

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers and Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/ghpnqd/global_chains_and?w=4