Market Overview:
The global low maintenance chain 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 low maintenance chains in various applications, such as food, packaging, paper, textile, automobile and others. Low maintenance chains are increasingly being used in these applications owing to their ability to reduce downtime and increase efficiency. In addition, the growing demand for automated systems is also contributing to the growth of this market.
Product Definition:
A low-maintenance chain is a type of bicycle chain that is designed to require minimal lubrication and maintenance. Low-maintenance chains are often made from materials that are more resistant to wear and corrosion, such as stainless steel.
Lubricated:
Lubricated chains are used in various applications such as agriculture, construction, mining and industrial. The global lubricated chain market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of its increasing application scope across several industries.
The growing demand for low maintenance products that reduce the operating cost is anticipated to propel industry growth over the next seven years.
Lubricant-free:
Lubricant-free is a term used for describing lubricants that are not mineral oils. Lubricant-free products do not contain any type of mineral oil and are manufactured from renewable raw materials such as plant oils, animal fats, esters, glycerin and vegetable oil blends.
Application Insights:
The food application segment led the global low maintenance chain market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for packaged foods, including ready-to-eat meals, frozen meals, snack foods and convenience foods across the globe. In addition, rising consumer preference for processed meat products is expected to augment product demand in this segment over the next seven years.
Paper was followed by food as the second largest application segment of global LMCs in 2017 owing to high paper consumption worldwide coupled with ease of use associated with these machines particularly for long rolls of paper towels.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 60% in 2017 owing to high demand from automotive, food & beverage, packaging and industrial applications. China is one of the largest markets for maintenance-free chains due to low manufacturing cost coupled with large production capacity offered by local manufacturers.
The Middle East & Africa (MEA) region is anticipated to witness significant growth over the forecast period owing to rising construction activities across several countries such as UAE, Saudi Arabia and Egypt which will drive product demand across industries such as infrastructure development and building & construction.
Growth Factors:
- Increasing demand from the automotive and aerospace industries for low maintenance chains
- Growing popularity of low maintenance chains in the construction and agricultural sectors
- Rising awareness about the benefits of low maintenance chains among end users
- Technological advancements that have led to the development of more durable and efficient low maintenance chains
- The increasing number of distributors and dealers offering a wide range of low maintenance chain products
Scope Of The Report
Report Attributes
Report Details
Report Title
Low Maintenance Chain Market Research Report
By Type
Lubricated, Lubricant-free
By Application
Food, Packaging, Paper, Textile, Automobile, Others
By Companies
Allied Locke, Rexnord, Hitachi, Brewer, HKK, Renold, Morse, iwis, Peer, Union, Allied Locke, Wippermann, Kettenwulf, Inc., KTN
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Low Maintenance Chain Market Report Segments:
The global Low Maintenance Chain market is segmented on the basis of:
Types
Lubricated, Lubricant-free
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
Food, Packaging, Paper, Textile, Automobile, 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:
- Allied Locke
- Rexnord
- Hitachi
- Brewer
- HKK
- Renold
- Morse
- iwis
- Peer
- Union
- Allied Locke
- Wippermann
- Kettenwulf, Inc.
- KTN
Highlights of The Low Maintenance Chain 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:
- Lubricated
- Lubricant-free
- By Application:
- Food
- Packaging
- Paper
- Textile
- Automobile
- 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 Low Maintenance Chain 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?
Low maintenance chain is a term used to describe a business model in which the company does not require a lot of ongoing management or oversight. This type of business model is often associated with companies that are able to operate without the need for significant capital investment.
Some of the major companies in the low maintenance chain market are Allied Locke, Rexnord, Hitachi, Brewer, HKK, Renold, Morse, iwis, Peer, Union, Allied Locke, Wippermann, Kettenwulf, Inc., KTN.
The low maintenance chain 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 Low Maintenance Chain 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 Low Maintenance Chain Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low Maintenance Chain 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 Low Maintenance Chain 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 Low Maintenance Chain Market Size & Forecast, 2018-2028
4.5.1 Low Maintenance Chain Market Size and Y-o-Y Growth
4.5.2 Low Maintenance Chain Market Absolute $ Opportunity
Chapter 5 Global Low Maintenance Chain 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 Low Maintenance Chain Market Size Forecast by Type
5.2.1 Lubricated
5.2.2 Lubricant-free
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low Maintenance Chain 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 Low Maintenance Chain Market Size Forecast by Applications
6.2.1 Food
6.2.2 Packaging
6.2.3 Paper
6.2.4 Textile
6.2.5 Automobile
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low Maintenance Chain 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 Low Maintenance Chain 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 Low Maintenance Chain Analysis and Forecast
9.1 Introduction
9.2 North America Low Maintenance Chain 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 Low Maintenance Chain Market Size Forecast by Type
9.6.1 Lubricated
9.6.2 Lubricant-free
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 Low Maintenance Chain Market Size Forecast by Applications
9.10.1 Food
9.10.2 Packaging
9.10.3 Paper
9.10.4 Textile
9.10.5 Automobile
9.10.6 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 Low Maintenance Chain Analysis and Forecast
10.1 Introduction
10.2 Europe Low Maintenance Chain 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 Low Maintenance Chain Market Size Forecast by Type
10.6.1 Lubricated
10.6.2 Lubricant-free
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 Low Maintenance Chain Market Size Forecast by Applications
10.10.1 Food
10.10.2 Packaging
10.10.3 Paper
10.10.4 Textile
10.10.5 Automobile
10.10.6 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 Low Maintenance Chain Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low Maintenance Chain 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 Low Maintenance Chain Market Size Forecast by Type
11.6.1 Lubricated
11.6.2 Lubricant-free
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 Low Maintenance Chain Market Size Forecast by Applications
11.10.1 Food
11.10.2 Packaging
11.10.3 Paper
11.10.4 Textile
11.10.5 Automobile
11.10.6 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 Low Maintenance Chain Analysis and Forecast
12.1 Introduction
12.2 Latin America Low Maintenance Chain 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 Low Maintenance Chain Market Size Forecast by Type
12.6.1 Lubricated
12.6.2 Lubricant-free
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 Low Maintenance Chain Market Size Forecast by Applications
12.10.1 Food
12.10.2 Packaging
12.10.3 Paper
12.10.4 Textile
12.10.5 Automobile
12.10.6 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) Low Maintenance Chain Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low Maintenance Chain 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) Low Maintenance Chain Market Size Forecast by Type
13.6.1 Lubricated
13.6.2 Lubricant-free
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) Low Maintenance Chain Market Size Forecast by Applications
13.10.1 Food
13.10.2 Packaging
13.10.3 Paper
13.10.4 Textile
13.10.5 Automobile
13.10.6 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 Low Maintenance Chain Market: Competitive Dashboard
14.2 Global Low Maintenance Chain Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Allied Locke
14.3.2 Rexnord
14.3.3 Hitachi
14.3.4 Brewer
14.3.5 HKK
14.3.6 Renold
14.3.7 Morse
14.3.8 iwis
14.3.9 Peer
14.3.10 Union
14.3.11 Allied Locke
14.3.12 Wippermann
14.3.13 Kettenwulf, Inc.
14.3.14 KTN
