The global composite roller market size was reported at USD 133.1 million in 2019. The market is anticipated to witness a y-o-y growth of 6% in 2024 and attain a value of USD 157.9 million in the same year. During the assessment period, the market is set to rise at a CAGR of 6.6%. It is projected to reach a value of USD 298.1 million by 2034. This indicates a volume growth of around 1.8X from the current value over the forecast period.
Composite rollers are fetching impressive installation and usage rates across industries owing to various associated operational and performance benefits. These rollers are set to be comparatively lighter in weight than conventional rollers. These offer better durability by lowering friction, enhancing abrasion resistance, decreasing incidences of jamming, and resisting corrosion.
| Attributes | Description |
|---|---|
| Estimated Global Composite Roller Market Size (2024E) | USD 157.9 million |
| Projected Global Composite Roller Market Value (2034F) | USD 298.1 million |
| Value-based CAGR (2024 to 2034) | 6.6% |
The rollers exhibit superior material properties, which make these highly preferred by small, medium, and large-scale industries. As industrial floors are quite busy in operations emanating a lot of noise, the use of these rollers is anticipated to help in toning down the noise to a greater level.
A high value of the coefficient of friction offers easy starting capabilities and reduced energy costs. As these are made of composite materials, it becomes easy to color code the operations and conveyor lines. This further helps in managing better workflow and improved visibility in factory operations.
In heavy-duty and bulk activities, quieter operations and energy savings significantly impact on operational costs. HR185 composite rollers designed by Sandvik, for instance, claim up to 70% weight reduction and up to 50% noise reduction than other conventional counterparts.
Due to low rotational inertia, these rollers further claim to lower ownership costs by up to 20%. Other innovations in materials, advanced sealing systems, and the use of quality bearing solutions further improve the performance of the entire system and lower the maintenance and replacement cost.
Conveyor systems are increasingly being installed in process and discrete industries, as these offer various benefits in terms of goods and inventory movement in pre-decided order. These also help facilitate serial operations and enable work on the materials, goods, or component assembly.
In recent years, there has been a notable increase in the degree of retrofitting and refurbishment of aging industrial set-ups. The demand for composite rollers is rising due to this trend since these rollers offer increased operational efficiency and are simple to install without compromising on load-carrying capacity.
The rollers are set to be made available in uniform dimensions with sophisticated sealing systems, customizable configurations, and enhanced ergonomics. These attributes make the rollers cost-effective and practical options for upgrading and maintaining conveyor systems, which further aid in lowering downtime and increasing operational effectiveness.
The food processing industry has witnessed consistent expansion in recent years, where the selection of composite rollers for conveyor systems become very crucial. These directly come in contact with food articles and may pose contamination threats. In this industry, food-grade plastics or stainless steel materials are mainly utilized.
Food-grade composite rollers are projected to be customized and specifically made ensuring smooth surfaces to facilitate easy cleaning. These are anticipated to be modified for use in various applications, including bakery, meat, and poultry processing. Rollers for food applications are likely to be customized with specialized coatings and coverings to suit temperature-controlled and hygienic applications.
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The annual growth rates of the global composite roller market from 2024 to 2034 are illustrated in the table below. Starting with the base year 2023 and going up to the present year 2024, the report examined how the industry growth trajectory changes from the first half of the year, i.e. January through June (H1) to the second half consisting of July through December (H2). This gives stakeholders a comprehensive picture of the sector’s performance over time and insights into potential future developments.
The table shows the growth of the sector for each half-year between 2023 and 2024. The market was projected to rise at a CAGR of 6.4% in the first half (H1) of 2023. However, in the second half (H2), there is a noticeable increase in the growth rate.
| Particular | Value CAGR |
|---|---|
| H1 | 6.4% (2023 to 2033) |
| H2 | 6.8% (2023 to 2033) |
| H1 | 6.3% (2024 to 2034) |
| H2 | 6.9% (2024 to 2034) |
Moving into the subsequent period, from H1 2024 to H2 2024, the CAGR is set to slightly decrease to 6.3% in the first half and relatively increase to 6.9% in the second half. In the first half (H1), the sector saw a decrease of 10 BPS while in the second half (H2), there was a slight increase of 10 BPS.
Booming E-commerce and Logistics Sectors to Create Opportunities
The rapid growth of e-commerce and logistics sectors presents a significant opportunity for the composite roller market. E-commerce platforms and distribution centers require efficient and reliable conveyor systems to handle increasing volumes of goods.
Composite rollers, known for lightweight construction, durability, and energy efficiency, offer ideal solutions to optimize material handling processes. These are also set to reduce operational costs in logistics and warehousing environments.
Companies like Interroll Group and Rulmeca Group are capitalizing on the e-commerce boom by enhancing their composite roller offerings. Interroll Group has developed lightweight rollers equipped with IoT-enabled sensors for real-time monitoring and predictive maintenance in high-speed logistics operations.
A few other companies are projected to collaborate with e-commerce giants to deploy scalable conveyor solutions that improve throughput and operational efficiency. Rulmeca Group, for instance, focuses on developing modular composite rollers that can be easily integrated into automated warehouse environments, supporting rapid order fulfillment and logistics efficiency.
They emphasize customization and scalability to meet the unique requirements of e-commerce and logistics, ensuring reliable performance and minimizing downtime.
Integration of IoT and Smart Technologies to Boost Sales
The integration of the Internet of Things (IoT) and smart technologies into conveyor systems is transforming the composite roller market. IoT-enabled sensors and monitoring systems are projected to provide real-time data on roller performance, allowing predictive maintenance and optimizing operational efficiency. This trend enhances the reliability, lifespan, and performance of composite rollers, making these integral components of smart manufacturing environments.
Companies like Interroll Group and Ammeraal Beltech are at the forefront of integrating IoT into their rollers. Interroll Group has developed smart roller technologies that monitor temperature, vibration, and operational parameters. These help in ensuring proactive maintenance and minimizing downtime in logistics and warehousing operations.
Ammeraal Beltech, on the other hand, offers smart composite rollers equipped with RFID tags for tracking and condition monitoring. The company’s products help in enhancing operational visibility and efficiency in material handling applications.
Development of Advanced Materials like Carbon Fiber to Push Demand
Technological advancements in composite materials, such as carbon fiber and fiberglass, are pushing significant innovations in the composite roller market. These materials offer superior strength-to-weight ratios, corrosion resistance, and durability compared to traditional steel rollers.
Manufacturers are continuously developing new composite formulations and producing techniques to enhance roller performance as well as operational efficiency across various industries. This trend is crucial as industries increasingly demand lightweight, durable, and sustainable conveyor solutions.
For instance, Lorbrand Composites focuses on developing rollers with enhanced wear resistance and reduced noise levels, catering to the mining and bulk material handling sectors. Rulmeca Group recently introduced unique rollers that integrate advanced polymer materials to improve energy efficiency and reduce maintenance costs in conveyor systems.
Artur Korte GmbH, specializing in conveyor technology, launched new rollers designed for high-speed applications, meeting stringent performance requirements in industrial automation.
Focus on Environmental Sustainability among Key Firms Opens Growth Avenues
Environmental sustainability is increasingly driving the adoption of composite rollers in industries focusing on reducing carbon footprints and complying with regulatory standards. Composite materials, known for high recyclability and energy efficiency, offer eco-friendly alternatives to traditional steel rollers. This trend is set to be pushed by corporate sustainability initiatives and regulatory pressures to minimize environmental impact across industrial operations.
Syntron Material Handling and Kinder Australia are actively addressing environmental sustainability in their existing offerings. Syntron Material Handling uses recycled materials and sustainable manufacturing practices to produce new rollers that meet stringent environmental standards.
The company’s focus is on reducing energy consumption and waste while ensuring product durability and performance in diverse industrial applications. Kinder Australia sources raw materials responsibly for their rollers, ensuring compliance with environmental regulations and promoting circular economy principles within the conveyor technology sector.
Compatibility and Retrofitting Issues May Arise in the Industry
Retrofitting existing conveyor systems with composite rollers can pose compatibility challenges due to differences in dimensions, mounting configurations, and operational requirements compared to traditional rollers. Industries with legacy equipment may hesitate to adopt composite rollers if they require significant modifications or customizations to integrate into their current infrastructure, leading to slower adoption rates despite the benefits.
Companies like Ammeraal Beltech and Kinder Australia are addressing compatibility challenges through modular design and customization capabilities. Ammeraal Beltech offers modular composite roller systems that can be tailored to fit existing conveyor frameworks with minimal retrofitting, reducing installation time and costs for industrial customers. The company provides comprehensive retrofitting services and technical support to ensure seamless integration of their rollers into diverse conveyor systems.
Kinder Australia collaborates closely with customers to assess compatibility requirements and develop bespoke solutions that are associated with specific conveyor configurations and operational needs. It offers flexible manufacturing processes and rapid prototyping capabilities to expedite the customization and deployment of rollers in retrofit projects across various industries.
Principal Consultant
The composite roller market recorded a CAGR of 2.9% during the historical period between 2019 and 2023. The growth was positive as the sector reached a value of USD 148.9 million in 2023 from USD 133.1 million in 2019.
The sector experienced fluctuations during the historical period due to economic challenges, such as trade disputes, currency fluctuations, and geopolitical conflicts. These factors impacted industries dependent on composite materials, leading to a temporary downturn in the market.
The COVID-19 pandemic further disrupted global supply chains and industrial activities, affecting the sector. Supply chain disruptions led to raw material shortages and manufacturing challenges, impacting the sector's dynamics. However, the pandemic highlighted the importance of composite materials in various industries, such as mining, pulp and paper, and textile, leading to increased demand in specific segments.
After 2020, the demand for these rollers increased due to the growing focus on efficiency, sustainability, and cost-effectiveness in industrial processes. The rollers provided a lightweight alternative to standard metal rollers, offering advantages such as reduced energy consumption, simplified installation, and easy maintenance.
During the assessment period, the global sector is poised for significant growth, driven by the increasing demand for lightweight, corrosion-resistant, and durable solutions in material handling systems across various industries. This growth is set to be particularly strong in emerging countries like India, China, and Brazil, where industrial activities are booming.
The industry is also likely to surge at a rapid pace due to significant plant expansions and the rising presence of key players. Additionally, the post-COVID recovery across industries is set to provide a positive thrust to the sector globally.
Tier 1 companies comprise players with a revenue of above USD 10 million, capturing a significant share of 75 to 80% in the global market. These players are characterized by high production capacity and a wide product portfolio.
The leaders are distinguished by their extensive expertise in manufacturing and a broad geographical reach, underpinned by a robust consumer base. They provide a wide range of products utilizing the latest technology and meeting regulatory standards. Prominent companies within Tier 1 include PROK, Rulmeca, Lorbrand, EPSILON Composite, and Pronexos.
Tier 2 companies include mid-sized players with revenue of below USD 10 million with a considerable presence in specific regions. These companies are highly influencing the local industry.
The companies are characterized by a strong presence overseas and good industry knowledge. These players have decent technology and ensure regulatory compliance but may not have a wide global reach. Prominent companies in Tier 2 include CPS Conveyor Products & Solutions, Composite Conveyor Equipment Company, and Artur Küpper GmbH & Co. KG.
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The section below covers the industry analysis for the composite rollers sales for different countries. China is anticipated to be at the forefront in East Asia, with a value share of 51.9% in 2034. In South Asia, India is projected to witness a CAGR of 6.1% from 2024 to 2034.
China and India are experiencing rapid industrialization and economic growth, leading to increased demand for composite rollers in various sectors such as mining, paper and pulp, and textiles. India's "Make-in-India" initiative encourages the set-up of manufacturing plants, attracting investments and boosting the market. The country-wise analysis shows that China, the United States, India, the United Kingdom, and Japan are a few of the countries that are dominating the market with 35 to 40% share.
| Countries | CAGR 2024 to 2034 |
|---|---|
| United Kingdom | 6.2% |
| India | 6.1% |
| Japan | 6.0% |
| United States | 5.9% |
| China | 5.6% |
Sales of composite rollers in China are projected to reach USD 33.2 million and are estimated to rise at a 5.6% CAGR through 2034. The paper and pulp industry in China is the most prominent in the world by both production and demand. It is driving the need for composite rollers.
In 2022, China's production of paper and cardboard reached 124.25 million tons, a year-on-year increase of 2.64%. The consumption of paper and cardboard in the country reached a total of 124.03 million tons, with a per capita annual consumption of 87.84 kilograms.
Growth of the paper and pulp industry in China is attributed to the rising demand for packaging materials due to the booming e-commerce and food delivery sectors. This increasing demand for paper products is directly bolstering the need for rollers used in the manufacturing process.
Demand for composite rollers in India is projected to reach USD 22.5 million by 2034. Over the forecast period, demand is predicted to grow at a 6.1% CAGR.
As India focuses on increasing its domestic coal production to reduce dependence on imports, the demand for efficient and durable material handling solutions like composite rollers is set to rise. For instance, Coal India Limited, the state-owned coal mining company, plans to increase its production capacity to 1 billion tons from 2023 to 24. This expansion will likely require the installation of new conveyor systems and rollers, presenting a significant opportunity for composite roller manufacturers.
The country’s government's initiatives to boost domestic coal production, such as the auction of coal blocks for commercial mining, are set to further drive demand in the mining sector. As mining companies invest in modernizing their infrastructure, the adoption of lightweight and corrosion-resistant rollers is likely to increase.
The United States composite roller market is projected to reach USD 33.1 million and surge at a CAGR of 5.9% by 2034. The country’s food and beverage industry is the most significant sector, with a size of USD 1.2 trillion in 2022. This industry heavily relies on conveyor systems for material handling and transportation, presenting a significant opportunity for roller manufacturers.
The growing demand for packaged food and beverages due to increasing population and changing consumer preferences is set to further drive the need for efficient material handling solutions. As food and beverage companies invest in modernizing their infrastructure, the adoption of rollers is likely to increase.
The advantages offered by these rollers, such as reduced maintenance costs, improved efficiency, and compliance with food safety regulations, are projected to create a favorable environment for growth in the country.
The section below explains the growth trajectories of the leading segments in the industry. In terms of roller type, the conveyor roller category will likely dominate and generate a share of around 27.6% in 2024.
Based on end-use, the packaging and warehousing segment is projected to hold a share of 24.8% in 2024. The analysis would enable potential clients to make effective business decisions for investment purposes
| Segment | Conveyor Roller (Roller Type) |
|---|---|
| Value Share (2024) | 27.6% |
The conveyor roller segment is forecast to experience a decent CAGR of 5.9% from 2024 to 2034. The surging demand is likely to be propelled by increased applications in mining, paper and pulp, pharmaceuticals and chemicals, and automotive sectors.
A few other key factors contributing to this surge include increasing demand for efficient material handling solutions across various industries. Composite rollers offer advantages such as reduced weight, improved corrosion resistance, and lower maintenance requirements compared to traditional metal rollers. The smooth surface and low friction coefficient help maintain product quality and reduce downtime, thereby leading to an increased adoption in the paper and pulp industry.
| Segment | Packaging and Warehousing (End-use) |
|---|---|
| Value Share (2024) | 24.8% |
The packaging and warehousing industry, with a projected CAGR of 5.6% from 2024 to 2034, is poised to significantly impact the global demand for composite rollers. The unique properties of these rollers, such as high resistance to wear and tear and ability to withstand various environmental conditions, have made these a popular choice among industry professionals.
The packaging sector, in particular, has embraced the use of these rollers due to their ability to handle a wide range of packaging materials, from lightweight boxes to heavy-duty containers. In the warehouse industry, rollers have become a preferred option for material handling due to high durability and resistance to corrosion.
The rollers can withstand the harsh conditions often found in warehouses, such as exposure to moisture, chemicals, and heavy loads, without compromising performance or longevity. The packaging and warehouse sectors have recognized the benefits of using these rollers in their material handling processes, leading to a growing demand for such versatile and reliable products.
Key companies manufacturing composite rollers moderately consolidate the sector with about 75 to 80% share. These players are prioritizing technological advancements, integrating sustainable practices, and expanding their footprints across different regions.
Customer satisfaction remains paramount, with a keen focus on tailoring machines to meet diverse industry needs. These leaders actively foster collaborations to stay at the forefront of innovation, ensuring their products align with the evolving demands.
A handful of companies are also aiming to enter niche areas by developing innovative manufacturing hubs and research facilities. At the same time, they are focusing on participating in exhibitions and trade fairs to exhibit their new products and create awareness among potential clients.
Industry Updates
By roller type, the sector is categorized into conveyor, guide, idler, drive, and tension rollers.
In terms of composite type, the sector is classified into thermoset and thermoplastic composites.
Based on end-use, the sector is categorized into packaging and warehousing, textile and paper, mining, automotive, food and beverage, and chemicals and pharmaceuticals.
A few leading regions considered in the study include North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia, and the Middle East and Africa.
The sector was valued at USD 148.9 million in 2023.
Demand is set to reach USD 157.9 million in 2024.
Global demand is anticipated to rise at 6.6% CAGR.
The demand is projected to reach USD 298.1 million by 2034.
Conveyor rollers are set to lead during the forecast period.
1. Executive Summary
2. Industry Introduction, including Taxonomy and Market Definition
3. Market Trends and Success Factors, including Macro-Economic Factors, Market Dynamics, and Recent Industry Developments
4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections
5. Pricing Analysis
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034
6.1. Roller Type
6.2. Composite Type
6.3. End Use
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Roller Type
7.1. Conveyor Rollers
7.2. Guide Rollers
7.3. Idler Rollers
7.4. Drive Rollers
7.5. Tension Rollers
7.6. Other Roller Types
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Composite Type
8.1. Thermoset Composites
8.1.1. Carbon Fiber Reinforced Polymer (CFRP)
8.1.2. Glass Fiber Reinforced Polymer (GFRP)
8.1.3. Polyurethane (PU) Composites
8.2. Thermoplastic Composites
8.2.1. Glass-Filled High-Density Polyethylene (HDPE)
8.2.2. Other Thermoplastic Composites
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
9.1. Packaging & Warehousing
9.1.1. Belt Conveyors
9.1.2. Chain Conveyors
9.1.3. Gravity Conveyors
9.2. Textile & Paper
9.2.1. Belt Conveyors
9.2.2. Chain Conveyors
9.2.3. Gravity Conveyors
9.3. Mining
9.3.1. Belt Conveyors
9.3.2. Chain Conveyors
9.3.3. Gravity Conveyors
9.4. Automotive
9.4.1. Belt Conveyors
9.4.2. Chain Conveyors
9.4.3. Gravity Conveyors
9.5. Food & Beverage
9.5.1. Belt Conveyors
9.5.2. Chain Conveyors
9.5.3. Gravity Conveyors
9.6. Chemicals & Pharmaceuticals
9.6.1. Belt Conveyors
9.6.2. Chain Conveyors
9.6.3. Gravity Conveyors
9.7. Other End Use
9.7.1. Belt Conveyors
9.7.2. Chain Conveyors
9.7.3. Gravity Conveyors
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
10.1. North America
10.2. Latin America
10.3. Western Europe
10.4. South Asia
10.5. East Asia
10.6. Eastern Europe
10.7. Middle East & Africa
11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
14. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
16. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries
18. Sales Forecast 2024 to 2034 by Roller Type, Composite Type, and End Use for 30 Countries
19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
20. Company Profile
20.1. PROK
20.2. Rulmeca
20.3. Lorbrand
20.4. EPSILON Composite
20.5. Pronexos
20.6. Double E Company
20.7. Luff Industries Ltd
20.8. CPS Conveyor Products & Solutions
20.9. Composite Conveyor Equipment Company
20.10. Artur Küpper GmbH & Co. KG
20.11. Carbon Light Private Limited
20.12. Melco
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Composite Roller Market
