Market Overview:
The global hollow pin chains 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 food and packaging industry products. Additionally, the growing industrialization and urbanization in developing countries are also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. On basis of type, single-pitch hollow pin chains segment is expected to hold major share in global hollow pin chains market during forecast period owing its properties such as high strength-to-weight ratio and corrosion resistance which makes it suitable for various applications across different industries including food industry, packaging industry etc.
Product Definition:
A Hollow Pin Chain is a chain that has been designed without any solid pins. This type of chain is important because it provides more flexibility and durability than a traditional chain.
Single-Pitch Hollow Pin Chains:
Single-pitch hollow pin chains are used in the manufacturing of Hollow Pin Chain. They are manufactured with high precision and offer better surface finish as compared to double or single pitch semi-hollow pin chains. Single pitch hollow pin chain is produced by cutting a length of metal bar, which is then bent into a U shape and welded at both ends to form two half-rings, thus forming the hollow part inside.
Double-Pitch Hollow Pin Chains:
Double-pitch hollow pin chains are used in the manufacturing of hollow pin chains. They are manufactured using special alloys and metals which increases their durability and strength thereby reducing the chances of breakage. The product is available in different specifications such as link size, thickness, type, pitch diameter etc., which can be customized according to end-user requirements.
Application Insights:
The packaging industry accounted for the largest share of over 30.0% in 2017. The growth is attributed to the rising demand for corrugated boxes from various industries such as food, consumer goods, and pharmaceuticals among others. Corrugated boards are manufactured by milling thin layers of wood veneer and then stapling or crating them together to form a strong box that can handle high pressure without denting or deflating it.
Hollow pin chains are used in food industry applications including cold storage, frozen foods display case, walk-in cooler/freezer cabinets & shelves among others owing to their lightweight properties which reduce product transportation cost while increasing productivity at same time as they require less turns per item (rotation speed) compared with solid metal chains. These chains also provide better resistance against vibration & shock which further boosts their adoption in this application segment over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing automotive production, construction activities, and demand from other industries for metal fasteners. In addition, rising investments in industrialization are anticipated to drive product demand over the forecast period.
The food industry is one of the major sectors that extensively use metal fasteners such as hollow pin chains. Major reasons attributable to this growth include growing consumption of processed & packaged foods along with an increase in disposable income among consumers especially in developing countries including China & India which are also major manufacturing hubs for various automotive companies including Volkswagen Group; BMW Group; Honda Motor Co., Ltd.; Toyota Industries Corporation; Mazda Motor Corporation; Mitsubishi Motors Corp.; Nissan Diesel U.S.A., Inc.
Growth Factors:
- Increasing demand from automotive and industrial sectors
- Growing popularity of belt drives over traditional gear-based systems
- Rising adoption of hollow pin chains in food and beverage industry applications
- Emerging economies offer significant growth potential for the market 5. Technological advancements that improve the performance and efficiency of hollow pin chains
Scope Of The Report
Report Attributes
Report Details
Report Title
Hollow Pin Chains Market Research Report
By Type
Single-Pitch Hollow Pin Chains, Double-Pitch Hollow Pin Chains, Others
By Application
Food Industry, Packaging Industry, Others
By Companies
Katayama Chain(KANA), Wippermann, Tsubakimoto Chain Co., B. V. Transmission Industries, Sedis(Murugappa Group), Iwis Antriebssysteme GmbH, Oriental Chain Mfg.Co.,Ltd, John King Chains Limited, HKK Chain Corporation, Allied Locke Industries, Tien Yuen Machinery Mfg., KTS Kettentechnik GmbH, Webster Industries, Inc., SFR Chain Group, Tripcon Engineering Pvt, Hangzhou Donghua Chain Group, Senqcia Maxco(Senqcia Corporation), Ketting Techniek Nederland, PEER Chain, Rexnord, CZ Retezy, S. r. o., FD Zincir
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Hollow Pin Chains Market Report Segments:
The global Hollow Pin Chains market is segmented on the basis of:
Types
Single-Pitch Hollow Pin Chains, Double-Pitch Hollow Pin 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
Food Industry, Packaging 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:
- Katayama Chain(KANA)
- Wippermann
- Tsubakimoto Chain Co.
- B. V. Transmission Industries
- Sedis(Murugappa Group)
- Iwis Antriebssysteme GmbH
- Oriental Chain Mfg.Co.,Ltd
- John King Chains Limited
- HKK Chain Corporation
- Allied Locke Industries
- Tien Yuen Machinery Mfg.
- KTS Kettentechnik GmbH
- Webster Industries, Inc.
- SFR Chain Group
- Tripcon Engineering Pvt
- Hangzhou Donghua Chain Group
- Senqcia Maxco(Senqcia Corporation)
- Ketting Techniek Nederland
- PEER Chain
- Rexnord
- CZ Retezy, S. r. o.
- FD Zincir
Highlights of The Hollow Pin 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:
- Single-Pitch Hollow Pin Chains
- Double-Pitch Hollow Pin Chains
- Others
- By Application:
- Food Industry
- Packaging 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 Hollow Pin 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- 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?
Hollow pin chains are a type of chain that has been designed to reduce weight and improve performance. Hollow pins are smaller than standard pins, which allows the chain to be lighter and more responsive. Additionally, hollow pins allow for greater flexibility in the chain's design, which can result in a smoother ride and increased durability.
Some of the major companies in the hollow pin chains market are Katayama Chain(KANA), Wippermann, Tsubakimoto Chain Co., B. V. Transmission Industries, Sedis(Murugappa Group), Iwis Antriebssysteme GmbH, Oriental Chain Mfg.Co.,Ltd, John King Chains Limited, HKK Chain Corporation, Allied Locke Industries, Tien Yuen Machinery Mfg., KTS Kettentechnik GmbH, Webster Industries, Inc., SFR Chain Group, Tripcon Engineering Pvt, Hangzhou Donghua Chain Group, Senqcia Maxco(Senqcia Corporation), Ketting Techniek Nederland, PEER Chain, Rexnord, CZ Retezy, S. r. o., FD Zincir.
The hollow pin chains market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hollow Pin 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. Hollow Pin Chains Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hollow Pin Chains Market - Supply Chain
4.5. Global Hollow Pin Chains Market Forecast
4.5.1. Hollow Pin Chains Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hollow Pin Chains Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hollow Pin Chains Market Absolute $ Opportunity
5. Global Hollow Pin 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. Hollow Pin Chains Market Size and Volume Forecast by Type
5.3.1. Single-Pitch Hollow Pin Chains
5.3.2. Double-Pitch Hollow Pin Chains
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hollow Pin 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. Hollow Pin Chains Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Packaging Industry
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hollow Pin 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. Hollow Pin 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 Hollow Pin 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. Hollow Pin 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 Hollow Pin Chains Demand Share Forecast, 2019-2026
9. North America Hollow Pin 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 Hollow Pin 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 Hollow Pin Chains Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Packaging 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 Hollow Pin Chains Market Size and Volume Forecast by Type
9.7.1. Single-Pitch Hollow Pin Chains
9.7.2. Double-Pitch Hollow Pin Chains
9.7.3. 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 Hollow Pin Chains Demand Share Forecast, 2019-2026
10. Latin America Hollow Pin 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 Hollow Pin 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 Hollow Pin Chains Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Packaging 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 Hollow Pin Chains Market Size and Volume Forecast by Type
10.7.1. Single-Pitch Hollow Pin Chains
10.7.2. Double-Pitch Hollow Pin Chains
10.7.3. 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 Hollow Pin Chains Demand Share Forecast, 2019-2026
11. Europe Hollow Pin 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 Hollow Pin 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 Hollow Pin Chains Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Packaging 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 Hollow Pin Chains Market Size and Volume Forecast by Type
11.7.1. Single-Pitch Hollow Pin Chains
11.7.2. Double-Pitch Hollow Pin Chains
11.7.3. 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 Hollow Pin Chains Demand Share, 2019-2026
12. Asia Pacific Hollow Pin 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 Hollow Pin 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 Hollow Pin Chains Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Packaging 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 Hollow Pin Chains Market Size and Volume Forecast by Type
12.7.1. Single-Pitch Hollow Pin Chains
12.7.2. Double-Pitch Hollow Pin Chains
12.7.3. 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 Hollow Pin Chains Demand Share, 2019-2026
13. Middle East & Africa Hollow Pin 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 Hollow Pin 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 Hollow Pin Chains Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Packaging 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 Hollow Pin Chains Market Size and Volume Forecast by Type
13.7.1. Single-Pitch Hollow Pin Chains
13.7.2. Double-Pitch Hollow Pin Chains
13.7.3. 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 Hollow Pin Chains Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hollow Pin Chains Market: Market Share Analysis
14.2. Hollow Pin Chains Distributors and Customers
14.3. Hollow Pin Chains Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Katayama Chain(KANA)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Wippermann
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Tsubakimoto Chain Co.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B. V. Transmission 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. Sedis(Murugappa Group)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Iwis Antriebssysteme GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Oriental Chain Mfg.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. John King Chains Limited
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HKK Chain Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Allied Locke Industries
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tien Yuen Machinery Mfg.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KTS Kettentechnik GmbH
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Webster Industries, Inc.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SFR Chain Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Tripcon Engineering Pvt
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. Senqcia Maxco(Senqcia Corporation)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Ketting Techniek Nederland
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. PEER Chain
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Rexnord
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
