Market Overview:
The global drag chain conveyor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for drag chain conveyors from various end-use industries, such as construction, petroleum chemical industry, garbage disposal, and others. In terms of type, the standard drag chain conveyors segment is expected to hold a major share of the global market during the forecast period. However, en-masse drag chain conveyors are projected to witness higher growth rates compared with standard drag chain conveyors during the forecast period.
Product Definition:
A drag chain conveyor is a type of conveyor that uses chains to move objects. The chains are attached to a frame or rail and pulled along by a motor or other source of power. Drag chain conveyors are often used in industrial settings to move large objects or batches of objects. They are also sometimes used as an assembly line tool, allowing workers to easily transport materials from one point to another.
Standard Drag Chain Conveyors:
The standard drag chain conveyors are used to move bulk material in a continuous and uninterrupted manner. It is widely used for moving solid, liquid or gaseous materials over a distance of approximately one meter. The product is available in different sizes and specifications according to the requirements of the user which can be customized as per their specific needs.
En-masse Drag Chain Conveyors:
En-masse drag chain conveyors are used to move materials in bulk quantities. They are widely used in industries such as automotive, food processing and packaging, mining and construction. En-masse conveyors can be single or double deckers with the option of having a fixed or moving platform.
The key benefit of using en-masse drag chain conveyor is that it reduces material handling costs by eliminating the need for labor during transportation operations which results in increased productivity.
Application Insights:
The construction industry was the largest application segment in 2017 and is expected to witness a CAGR of XX% over the forecast period. The growth can be attributed to increasing urbanization, which has resulted in an increased demand for construction materials such as steel and cement across the globe. Moreover, growing infrastructure spending by governments across various countries has boosted product demand globally.
Petroleum chemical industry is estimated to be one of the fastest-growing segments over the forecast period owing to rising crude oil prices coupled with high energy consumption worldwide that have led to depletion of fossil fuels including coal, gas and petroleum products like natural gas liquids (NGL) and crude oil itself.
Regional Analysis:
Asia Pacific dominated the global drag chain conveyor market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities, coupled with growing investments in petroleum & petrochemical industries. Furthermore, rising disposable income levels are anticipated to drive demand for consumer goods and mass production of automobiles, which will further propel industry expansion.
The Asia Pacific regional market accounted for a revenue share of more than 35% in 2017 owing to rapid industrialization along with expanding end-user industries such as chemical & petrochemical plants and food processing units across emerging economies including China, India, Indonesia among others.
Growth Factors:
- Increasing demand for conveyor systems from the automotive and food processing industries
- Growing popularity of automated material handling systems
- Rising investments in research and development activities by leading players to develop innovative products
- Proliferation of e-commerce businesses that require efficient material handling solutions
- Stringent government regulations pertaining to workplace safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Drag Chain Conveyor Market Research Report
By Type
Standard Drag Chain Conveyors, En-masse Drag Chain Conveyors
By Application
Petroleum Chemical Industry, Construction, Garbage Disposal, Others
By Companies
CDM Systems,Inc., Metso, Hapman, GAMBAROTTA, Arno Arnold GmbH, Brevetti Stendalto, TSUBAKI KABELSCHLEPP, Conductix-Wampfler, Dynatect Manufacturing, EKD GELENKROHR, Hennig, Misumi America, MURRPLASTIK SYSTEMTECHNIK, Sacchi Longo, SERMETO EQUIPEMENT INDUSTRIEL, Shanghai Richeng Electronics
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Drag Chain Conveyor Market Report Segments:
The global Drag Chain Conveyor market is segmented on the basis of:
Types
Standard Drag Chain Conveyors, En-masse Drag Chain Conveyors
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
Petroleum Chemical Industry, Construction, Garbage Disposal, 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:
- CDM Systems,Inc.
- Metso
- Hapman
- GAMBAROTTA
- Arno Arnold GmbH
- Brevetti Stendalto
- TSUBAKI KABELSCHLEPP
- Conductix-Wampfler
- Dynatect Manufacturing
- EKD GELENKROHR
- Hennig
- Misumi America
- MURRPLASTIK SYSTEMTECHNIK
- Sacchi Longo
- SERMETO EQUIPEMENT INDUSTRIEL
- Shanghai Richeng Electronics
Highlights of The Drag Chain Conveyor 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:
- Standard Drag Chain Conveyors
- En-masse Drag Chain Conveyors
- By Application:
- Petroleum Chemical Industry
- Construction
- Garbage Disposal
- 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 Drag Chain Conveyor 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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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?
A drag chain conveyor is a type of industrial conveyor belt that uses a series of linked chains to move materials along the belt. The chains are typically made from metal or plastic and are attached to the belt at intervals with links that can be pulled by an engine or motor.
Some of the key players operating in the drag chain conveyor market are CDM Systems,Inc., Metso, Hapman, GAMBAROTTA, Arno Arnold GmbH, Brevetti Stendalto, TSUBAKI KABELSCHLEPP, Conductix-Wampfler, Dynatect Manufacturing, EKD GELENKROHR, Hennig, Misumi America, MURRPLASTIK SYSTEMTECHNIK, Sacchi Longo, SERMETO EQUIPEMENT INDUSTRIEL, Shanghai Richeng Electronics.
The drag chain conveyor market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drag Chain Conveyor Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Drag Chain Conveyor Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Drag Chain Conveyor Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Drag Chain Conveyor Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Drag Chain Conveyor Market Size & Forecast, 2020-2028 4.5.1 Drag Chain Conveyor Market Size and Y-o-Y Growth 4.5.2 Drag Chain Conveyor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Standard Drag Chain Conveyors
5.2.2 En-masse Drag Chain Conveyors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Petroleum Chemical Industry
6.2.2 Construction
6.2.3 Garbage Disposal
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drag Chain Conveyor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drag Chain Conveyor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Standard Drag Chain Conveyors
9.6.2 En-masse Drag Chain Conveyors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Petroleum Chemical Industry
9.10.2 Construction
9.10.3 Garbage Disposal
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Standard Drag Chain Conveyors
10.6.2 En-masse Drag Chain Conveyors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Petroleum Chemical Industry
10.10.2 Construction
10.10.3 Garbage Disposal
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Standard Drag Chain Conveyors
11.6.2 En-masse Drag Chain Conveyors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Petroleum Chemical Industry
11.10.2 Construction
11.10.3 Garbage Disposal
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Standard Drag Chain Conveyors
12.6.2 En-masse Drag Chain Conveyors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Petroleum Chemical Industry
12.10.2 Construction
12.10.3 Garbage Disposal
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Standard Drag Chain Conveyors
13.6.2 En-masse Drag Chain Conveyors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Petroleum Chemical Industry
13.10.2 Construction
13.10.3 Garbage Disposal
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drag Chain Conveyor Market: Competitive Dashboard
14.2 Global Drag Chain Conveyor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CDM Systems,Inc.
14.3.2 Metso
14.3.3 Hapman
14.3.4 GAMBAROTTA
14.3.5 Arno Arnold GmbH
14.3.6 Brevetti Stendalto
14.3.7 TSUBAKI KABELSCHLEPP
14.3.8 Conductix-Wampfler
14.3.9 Dynatect Manufacturing
14.3.10 EKD GELENKROHR
14.3.11 Hennig
14.3.12 Misumi America
14.3.13 MURRPLASTIK SYSTEMTECHNIK
14.3.14 Sacchi Longo
14.3.15 SERMETO EQUIPEMENT INDUSTRIEL
14.3.16 Shanghai Richeng Electronics