Market Overview:
The global friction shafts 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 friction shafts from various applications such as aluminium foil, plastic film, paper and textile. In addition, the growing automotive industry is also contributing to the growth of this market.
Product Definition:
A friction shaft is a rotating component that relies on friction to transmit torque from the engine to the wheels. They are commonly used in manual transmissions and differentials. The importance of friction shafts is that they provide a reliable way to transfer power from one component to another, while also providing smooth operation.
Rollers:
rollers are used in friction shafts to impart or remove rotational motion. They are also known as cylindrical parts or drums and their main function is to transmit the driving force from one surface of a joint to another without any external components such as joints, collars, etc.
The global rollers market is expected to witness significant growth over the forecast period owing to its increasing usage in various friction applications including bearings and seals where it acts as a sealant.
Balls:
Balls and it's usage in Friction Shafts market is a recent trend in the market. The main reason for this shift is due to the fact that balls and their components have become cheaper over time, which has led to an increase in their production. Also, they are being used on account of technological advancements such as polyurethane coated balls or ceramic-coated steel balls.
Application Insights:
The application segment is segregated into aluminium foil, plastic flim, paper, textile and others. The aluminium foil segment accounted for the largest share in the global friction shafts market owing to its extensive use in packaging applications. It also has a significant use as an industrial material that can be easily processed at low costs and with high precision.
The plastic flim segment is expected to witness lucrative growth over the forecast period due to its increasing demand from various industries such as automotive & transportation, consumer goods and medical equipment manufacturing among others. In addition, it also has a growing preference for replacement of traditional shafts owing to its lightweight properties along with superior durability & performance characteristics.
Paper industry uses friction drives for feeding paper sheets into machines where they are cut or collected by moving blades known as sheeters driven by motors through the use of belts or chains attachedto them which makes them moveable on both horizontal.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to maintain its dominance over the forecast period owing to high demand from end-use industries, such as food & beverage and automotive. In addition, growing population and increasing disposable income are likely to drive product demand further.
The Asia Pacific is anticipated to be the fastest-growing regional market from 2018 to 2030 due of rapid industrialization and urbanization in developing countries such as China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam etc., which has led these nations being a manufacturing hub for various products including shafts. Moreover rising awareness regarding fuel economy will drive traction motor applications further thus driving industry growth in this region.
Europe also held a significant share of global revenue in 2017 owing with presence of major automobile manufacturers including Volkswagen Group; BMW AG; Mercedes Benz AG DaimlerChrysler LLC.
Growth Factors:
- Increasing demand for friction shafts from the automotive industry as a result of the increasing production of passenger cars and commercial vehicles.
- Growing demand for friction shafts from the construction equipment industry due to the increasing investments in infrastructure development projects across the globe.
- Rising demand for friction shafts from the agricultural equipment industry due to growth in global food production and rising trend of mechanization in agriculture sector.
- Increasing adoption of friction shafts by Original Equipment Manufacturers (OEMs) for use in various types of machinery and equipment, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Friction Shafts Market Research Report
By Type
Rollers, Balls, Others
By Application
Aluminium Foil, Plastic Flim, Paper, Textile
By Companies
Maxcess, Re-SpA, Antech Converting, Golpretech Czech Republic, IES, Vorwald, Aston Tech, ERYA MAKINA BIÇAKLARI, JCTPRINT, Tamiya, Maxcess, SAEHAN, ROBUST, WST Spannsysteme, Resource Engimech
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
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Friction Shafts Market Report Segments:
The global Friction Shafts market is segmented on the basis of:
Types
Rollers, Balls, 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
Aluminium Foil, Plastic Flim, Paper, Textile
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:
- Maxcess
- Re-SpA
- Antech Converting
- Golpretech Czech Republic
- IES
- Vorwald
- Aston Tech
- ERYA MAKINA BIÇAKLARI
- JCTPRINT
- Tamiya
- Maxcess
- SAEHAN
- ROBUST
- WST Spannsysteme
- Resource Engimech
Highlights of The Friction Shafts 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:
- Rollers
- Balls
- Others
- By Application:
- Aluminium Foil
- Plastic Flim
- Paper
- Textile
- 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 Friction Shafts 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Friction shafts are a type of conveyor belt that move products along a production line. The friction between the belt and the product causes it to move forward.
Some of the major companies in the friction shafts market are Maxcess, Re-SpA, Antech Converting, Golpretech Czech Republic, IES, Vorwald, Aston Tech, ERYA MAKINA BI‡AKLARI, JCTPRINT, Tamiya, Maxcess, SAEHAN, ROBUST, WST Spannsysteme, Resource Engimech.
The friction shafts 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 Friction Shafts 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 Friction Shafts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Friction Shafts 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 Friction Shafts 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 Friction Shafts Market Size & Forecast, 2018-2028
4.5.1 Friction Shafts Market Size and Y-o-Y Growth
4.5.2 Friction Shafts Market Absolute $ Opportunity
Chapter 5 Global Friction Shafts 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 Friction Shafts Market Size Forecast by Type
5.2.1 Rollers
5.2.2 Balls
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Friction Shafts 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 Friction Shafts Market Size Forecast by Applications
6.2.1 Aluminium Foil
6.2.2 Plastic Flim
6.2.3 Paper
6.2.4 Textile
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Friction Shafts 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 Friction Shafts 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 Friction Shafts Analysis and Forecast
9.1 Introduction
9.2 North America Friction Shafts 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 Friction Shafts Market Size Forecast by Type
9.6.1 Rollers
9.6.2 Balls
9.6.3 Others
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 Friction Shafts Market Size Forecast by Applications
9.10.1 Aluminium Foil
9.10.2 Plastic Flim
9.10.3 Paper
9.10.4 Textile
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 Friction Shafts Analysis and Forecast
10.1 Introduction
10.2 Europe Friction Shafts 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 Friction Shafts Market Size Forecast by Type
10.6.1 Rollers
10.6.2 Balls
10.6.3 Others
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 Friction Shafts Market Size Forecast by Applications
10.10.1 Aluminium Foil
10.10.2 Plastic Flim
10.10.3 Paper
10.10.4 Textile
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 Friction Shafts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Friction Shafts 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 Friction Shafts Market Size Forecast by Type
11.6.1 Rollers
11.6.2 Balls
11.6.3 Others
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 Friction Shafts Market Size Forecast by Applications
11.10.1 Aluminium Foil
11.10.2 Plastic Flim
11.10.3 Paper
11.10.4 Textile
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 Friction Shafts Analysis and Forecast
12.1 Introduction
12.2 Latin America Friction Shafts 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 Friction Shafts Market Size Forecast by Type
12.6.1 Rollers
12.6.2 Balls
12.6.3 Others
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 Friction Shafts Market Size Forecast by Applications
12.10.1 Aluminium Foil
12.10.2 Plastic Flim
12.10.3 Paper
12.10.4 Textile
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) Friction Shafts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Friction Shafts 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) Friction Shafts Market Size Forecast by Type
13.6.1 Rollers
13.6.2 Balls
13.6.3 Others
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) Friction Shafts Market Size Forecast by Applications
13.10.1 Aluminium Foil
13.10.2 Plastic Flim
13.10.3 Paper
13.10.4 Textile
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 Friction Shafts Market: Competitive Dashboard
14.2 Global Friction Shafts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Maxcess
14.3.2 Re-SpA
14.3.3 Antech Converting
14.3.4 Golpretech Czech Republic
14.3.5 IES
14.3.6 Vorwald
14.3.7 Aston Tech
14.3.8 ERYA MAKINA BIÇAKLARI
14.3.9 JCTPRINT
14.3.10 Tamiya
14.3.11 Maxcess
14.3.12 SAEHAN
14.3.13 ROBUST
14.3.14 WST Spannsysteme
14.3.15 Resource Engimech
