North America Composite Rollers Market Forecast to 2030 - Regional Analysis - by Fiber Type, and End Use

The North America composite rollers market was valued at US$ 37.44 million in 2022 and is expected to reach US$ 55.41 million by 2030; it is estimated to grow at a CAGR of 5.0% from 2022 to 2030.

Increasing Use of Composites Rollers in Several End-Use Industries Fuels North America Composite Rollers Market

Composite rollers are utilized in several industries, such as printing, textile, mining, and paper & pulp. These types of rollers are created by using raw materials, including carbon and glass fibers, resins, and coatings, using different technologies. The constant evolution, mainly in the case of industrial machinery, is correlated to easy handling, lower consumption of energy, and lightweight. Such a scenario further opens new prospects for the utilization of composite materials throughout many industrial sectors. Composite rollers find applications in specific areas in mines, such as small and large machinery; hence, the rising mining and exploration activities are expected to boost the demand for these rollers, thereby boosting the composite rollers market growth.

The expanding use of composite rollers in the pulp & paper industry is stimulating the growth of the North America composite rollers market. The composite rollers are highly used in pulp & paper industry as they provide excellent strength, decrease vibration and noise, low inertia, and low electricity consumption. In the paper & pulp industry, composite rollers are used for applications such as paper guide rollers, guide rollers for screens or felts, rollers for the dryer section, shaken breast rollers, and calendar guide rollers. In recent years, the paper & pulp industry has grown significantly due to the growing demand for paper packaging products, the expanding online retail sector, and the increasing use of hygiene products. The demand for packaging products is increasing due to the tremendous growth of the e-commerce sector in various countries. In addition, the increasing demand for hygiene products such as toilet paper, wipes, tissues, and paper towels has also positively favored the paper & pulp industry growth. Various countries in North America are significant producers of pulp and paper. Country such as the US is some of the major paper and pulp producers in the world. Food delivery is a booming industry in the country.

The rising environmental concerns have also encouraged consumers and companies to use paper products as an alternative to other products. Composite rollers are light in weight, consume significantly less power, and can be made from recycled materials. This environment-friendly aspect of composite rollers is driving the demand for composite rollers from various application sectors. Thus, the strong growth of the paper & pulp industry is driving the composite rollers market growth.

North America Composite Rollers Market Overview

The North America composite rollers market is segmented into the US, Canada, and Mexico. In North America, the US is a major market for composite rollers. Manufacturing companies located in this region are continuously enhancing their overall business processes to cater to the demands of customers in the best possible way. Most of the domestic and international companies have a strong foothold in North America. The increasing demand for composite rollers from mining, textile, paper & pulp, and other industries is boosting the growth of the market in the region. These types of rollers are created by using raw materials, including fibers and resins. The constant evolution, mainly in the landscape of industrial machinery, is correlated to easier handling, lower energy consumption, and lightweight. Such a scenario further opens new prospects of application for composite materials throughout all industrial sectors. Composite rollers are employed in specific areas in mines in case of heavy types of machinery; thus, the rising mining and exploration activities are presumed to boost the demand for these rollers. The expanded use of composite rollers in other industries, such as the pulp & paper industry, is stimulating the growth of the composite rollers market in this region. Moreover, the rising demand for lightweight rollers to achieve operational as well as safety benefits is boosting the market growth.

The presence of prominent manufacturers, suppliers, and distributors of composite materials in North America also influences the market expansion. North American Composites (NAC) is a well-known national distributor of composite raw materials and equipment, and it takes these materials from leading suppliers and distributes them to composite manufacturers. NAC offers its customers local service via its distribution centers located in the US and Canada. The company’s warehouses maintain inventories of all required materials for composites manufacturing. Some of them are resins, adhesives, gel coats, and fiberglass.

North America Composite Rollers Market Segmentation

The North America composite rollers market is segmented into fiber type, resin type, end use, and country.

Based on fiber type, the North America composite rollers market is classified into carbon, glass, and others. Carbon segment is divided into PAN based and pitch based. The carbon segment held the largest share in 2022.

By resin type, the North America composite rollers market is bifurcated into thermoset and thermoplastic. Thermoset segment is subsegmented into epoxy, polyurethane, and others. Thermoplastic segment is further categorized into polyethylene, polypropylene, poly vinyl chloride, and others. The thermoplastic segment held the largest share in 2022.

In terms of end use, the North America composite rollers market is categorized into mining, paper and pulp, textile, film and foil, printing, and others. The paper and pulp segment held the largest share in 2022.

Based on country, the North America composite rollers market is segmented the US, Canada, and Mexico. The US dominated the North America composite rollers market in 2022.

Double E Co LLC, Fritz Schafer GmbH & Co KG, Lorbrand (Pty) Ltd, PROK Pty Ltd, and Rossini SpA are some of the leading companies operating in the North America composite rollers market.