Market Overview:
The global corrosion resistant chains market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for corrosion resistant chains from various end-use industries, such as glass industry, food industry, and others. In terms of type, the stainless steel chains segment is expected to lead the global corrosion resistant chains market during the forecast period. This can be attributed to their high resistance against rust and other forms of corrosion.
Product Definition:
A corrosion resistant chain is a type of chain that is specifically designed to resist the effects of corrosion. This type of chain can be used in a variety of applications, including industrial and marine applications. The importance of corrosion resistant chains lies in their ability to withstand the corrosive elements present in these environments, which can otherwise damage or destroy traditional chains.
Stainless Steel Chains:
Stainless steel chains are used in various applications including food processing, chemical & petrochemical industries. The product is manufactured using various raw materials such as nickel, chromium and iron which are added to the basic stainless steel ingot. The addition of different metals change the characteristics of the final product such as corrosion resistance and aesthetic appearance.
Zinc Plated Chains:
Zinc-plated chains are zinc coated metal chains. They are used in the manufacturing of corrosion resistant links for fasteners. The product is available in various types, such as round, hexagonal and octagonal Zinc-Plated Chainmaille Links can be used to make a wide variety of chain maille products including cuishes & collars, necklaces & cuffslinks and belts & braces among others.
Application Insights:
The global demand for the product has witnessed a paradigm shift due to rising awareness among consumers regarding sustainable development. The food industry is one of the largest consumers of stainless steel, zinc and nickel plated chains. Nickel-based chains are largely preferred in this sector as they offer better resistance against corrosion compared to other metals.
In terms of revenue, the glass industry was estimated to be the largest consumer in 2017 and is expected to grow at a CAGR of XX% over the forecast period owing to its increasing use in building & construction applications across various regions globally. Stainless steel and nickel-based chains are used extensively in this sector on account of their ability withstand extreme temperatures without getting affected thereby offering long term stability against corrosion for glass bottles/containers being used worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as low population density, high labor productivity and rapid industrialization & urbanization.
China is one of the largest producers of steel in terms of both crude steel production as well as consumption globally. It also exports a large amount of corrosion resistant chains across the globe due to strong demand from industries that use them for manufacturing glass products or packaging material boxes among others.
Growth Factors:
- Increasing demand from end-use industries: The global corrosion resistant chains market is witnessing a significant growth due to the increasing demand from various end-use industries, such as automotive, marine, oil & gas, and construction.
- Growing awareness about the benefits of corrosion resistant chains: There is a growing awareness among consumers about the benefits of using corrosion resistant chains in various industrial applications. This is driving the growth of the global corrosion resistant chains market.
- Technological advancements in chain manufacturing processes: The manufacturers are focusing on developing technologically advanced chain manufacturing processes that can produce high-quality corrosion resistant chains products. This is helping to drive the growth of the global corrosion resistant chains market.
- Rising investments in research and development activities: The key players in this market are investing heavily in research and development activities to develop new and innovative products that can cater to the needs of different end-use industries effectively. This is helping to drivethegrowthoftheglobalcorrosionresistantchainsmarket . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Corrosion Resistant Chains Market Research Report
By Type
Stainless Steel Chains, Zinc Plated Chains, Nickel Plated Chains, Others
By Application
Glass Industry, Food Industry, Others
By Companies
Renold Plc, Cross+Morse, Diamond Chain Company(Timken), Allied Locke Industries, Iwis Antriebssysteme GmbH, Tsubaki of Canada Limited(Tsubakimoto Chain Co.), Daido Kogyo Co., Ltd., SKF, PEER Chain, Wippermann, Rombo Chain(Murugappa Group), SFR Chain Group, Norelem, Dong Bo Chain, Ever-Power Transmission Group, Hangzhou Donghua Chain Group, Rexnord, Mallinath Metal
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Corrosion Resistant Chains Market Report Segments:
The global Corrosion Resistant Chains market is segmented on the basis of:
Types
Stainless Steel Chains, Zinc Plated Chains, Nickel Plated Chains, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Glass Industry, Food Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Renold Plc
- Cross+Morse
- Diamond Chain Company(Timken)
- Allied Locke Industries
- Iwis Antriebssysteme GmbH
- Tsubaki of Canada Limited(Tsubakimoto Chain Co.)
- Daido Kogyo Co., Ltd.
- SKF
- PEER Chain
- Wippermann
- Rombo Chain(Murugappa Group)
- SFR Chain Group
- Norelem
- Dong Bo Chain
- Ever-Power Transmission Group
- Hangzhou Donghua Chain Group
- Rexnord
- Mallinath Metal
Highlights of The Corrosion Resistant Chains Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel Chains
- Zinc Plated Chains
- Nickel Plated Chains
- Others
- By Application:
- Glass Industry
- Food Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Corrosion Resistant Chains Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Corrosion resistant chains are a type of chain that is designed to resist corrosion. This means that the chain will not corrode or rust over time, which can lead to problems with the chain's functionality.
Some of the major players in the corrosion resistant chains market are Renold Plc, Cross+Morse, Diamond Chain Company(Timken), Allied Locke Industries, Iwis Antriebssysteme GmbH, Tsubaki of Canada Limited(Tsubakimoto Chain Co.), Daido Kogyo Co., Ltd., SKF, PEER Chain, Wippermann, Rombo Chain(Murugappa Group), SFR Chain Group, Norelem, Dong Bo Chain, Ever-Power Transmission Group, Hangzhou Donghua Chain Group, Rexnord, Mallinath Metal.
The corrosion resistant chains market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Corrosion Resistant Chains Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Corrosion Resistant Chains Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Corrosion Resistant Chains Market - Supply Chain
4.5. Global Corrosion Resistant Chains Market Forecast
4.5.1. Corrosion Resistant Chains Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Corrosion Resistant Chains Market Size (000 Units) and Y-o-Y Growth
4.5.3. Corrosion Resistant Chains Market Absolute $ Opportunity
5. Global Corrosion Resistant Chains Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Corrosion Resistant Chains Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Chains
5.3.2. Zinc Plated Chains
5.3.3. Nickel Plated Chains
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Corrosion Resistant Chains Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Corrosion Resistant Chains Market Size and Volume Forecast by Application
6.3.1. Glass Industry
6.3.2. Food Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Corrosion Resistant Chains Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Corrosion Resistant Chains Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Corrosion Resistant Chains Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Corrosion Resistant Chains Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Corrosion Resistant Chains Demand Share Forecast, 2019-2026
9. North America Corrosion Resistant Chains Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Corrosion Resistant Chains Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Corrosion Resistant Chains Market Size and Volume Forecast by Application
9.4.1. Glass Industry
9.4.2. Food Industry
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Corrosion Resistant Chains Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Chains
9.7.2. Zinc Plated Chains
9.7.3. Nickel Plated Chains
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Corrosion Resistant Chains Demand Share Forecast, 2019-2026
10. Latin America Corrosion Resistant Chains Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Corrosion Resistant Chains Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Corrosion Resistant Chains Market Size and Volume Forecast by Application
10.4.1. Glass Industry
10.4.2. Food Industry
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Corrosion Resistant Chains Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Chains
10.7.2. Zinc Plated Chains
10.7.3. Nickel Plated Chains
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Corrosion Resistant Chains Demand Share Forecast, 2019-2026
11. Europe Corrosion Resistant Chains Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Corrosion Resistant Chains Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Corrosion Resistant Chains Market Size and Volume Forecast by Application
11.4.1. Glass Industry
11.4.2. Food Industry
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Corrosion Resistant Chains Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Chains
11.7.2. Zinc Plated Chains
11.7.3. Nickel Plated Chains
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Corrosion Resistant Chains Demand Share, 2019-2026
12. Asia Pacific Corrosion Resistant Chains Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Corrosion Resistant Chains Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Corrosion Resistant Chains Market Size and Volume Forecast by Application
12.4.1. Glass Industry
12.4.2. Food Industry
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Corrosion Resistant Chains Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Chains
12.7.2. Zinc Plated Chains
12.7.3. Nickel Plated Chains
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Corrosion Resistant Chains Demand Share, 2019-2026
13. Middle East & Africa Corrosion Resistant Chains Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Corrosion Resistant Chains Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Corrosion Resistant Chains Market Size and Volume Forecast by Application
13.4.1. Glass Industry
13.4.2. Food Industry
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Corrosion Resistant Chains Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Chains
13.7.2. Zinc Plated Chains
13.7.3. Nickel Plated Chains
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Corrosion Resistant Chains Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Corrosion Resistant Chains Market: Market Share Analysis
14.2. Corrosion Resistant Chains Distributors and Customers
14.3. Corrosion Resistant Chains Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Renold Plc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cross+Morse
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Diamond Chain Company(Timken)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Allied Locke Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Iwis Antriebssysteme GmbH
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Tsubaki of Canada Limited(Tsubakimoto Chain Co.)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Daido Kogyo Co., Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SKF
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PEER Chain
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Wippermann
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Rombo Chain(Murugappa Group)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SFR Chain Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Norelem
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Dong Bo Chain
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ever-Power Transmission Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Hangzhou Donghua Chain Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Rexnord
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mallinath Metal
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
