Global Traction Chains Market Growth 2022-2028

As the global economy mends, the 2021 growth of Traction Chains will have significant change from previous year. According to our (LP Information) latest study, the global Traction Chains market size is USD million in 2022 from USD 306.3 million in 2021, with a change of % between 2021 and 2022. The global Traction Chains market size will reach USD 412.8 million in 2028, growing at a CAGR of 4.4% over the analysis period.
The United States Traction Chains market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Traction Chains market, reaching US$ million by the year 2028. As for the Europe Traction Chains landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Traction Chains players cover Pewag, Rud, Peerless, and Nordic Traction Group, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Traction Chains market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Metal Chain
Nonmetal Chain
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Transport
Forests
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
Pewag
Rud
Peerless
Nordic Traction Group
Trygg
Laclede Chain
Maggi Group
Bohu
Ottinger
Veriga Lesce
Hangzhou Feifei Chain
Gowin