Business Survey 2017 - Global Heavy-duty Wear Protection Market Size, Regional O
Posted by akshayparmar on November 16th, 2017
Heavy-duty Wear Protection Market (By Material: Ceramic, Rubber, Steel, Plastic and Others; By End-use Industry: Automotive and Transportation, Oil and Gas, Power Plant, Metal Industry, Construction and Mining; and Others) - Growth, Future Prospects, and Competitive Landscape, 2017-2025, heavy-duty wear protection market was valued at US$ 1.50 Bn in 2016 and is expected to grow at a CAGR of 4.4 % during the forecast period from 2017 to 2025.
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Market Insights
Heavy-duty wear protection is a technique to provide additional protection to heavy-duty equipment used in a variety of industrial applications. Protection from hostile environmental as well as working conditions is one of the prime objectives of heavy-duty protection methods. The wear protection techniques aid in extending the functional life of machines and equipment. Thus, the cost associated with periodic maintenance and the downtime associated with it is significantly reduced. In addition, it aids in reducing the overall cost of maintenance, and re-installation of heavy and expensive machinery.
Competitive Insights:
Heavy duty wear protection market is highly fragmented and comprises several international manufacturers. Manufacturers have been engaged in developing new materials and methods to provide optimum heavy-duty wear protection to the machineries used in hostile conditions. Companies have been focusing on new and emerging markets in the Asia-Pacific, Middle East and Africa (MEA) and Latin America regions. Major players in the market include Metso Corporation, CeramTec GmbH, ThyssenKrupp Industrial Solutions AG, Kalenborn International GmbH & Co. KG, Bradken Limited, Sulzer ltd., Thejo Engineering Limited, FLSmidth & Co. A/S, Sandvik Construction (Sandvik Group) and Caterpillar, Inc.
Key Trends:
• High investments in heavy-duty wear protection by companies to prevent damage to the machinery
• Improved form of wear protection techniques and advanced composite materials has increased the life of the equipment
• Expansion of sales and distribution network in new and emerging markets
1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
2. Executive Summary
2.1. Global Heavy-duty Wear Protection Market Snapshot
2.2. Global Heavy-duty Wear Protection Market, By Material
2.3. Global Heavy-duty Wear Protection Market, By End-use Industry
2.4. Global Heavy-duty Wear Protection Market, By Geography
10. Company Profiles
10.1. Metso Corporation
10.2. CeramTec GmbH
10.3. ThyssenKrupp Industrial Solutions AG
10.4. Kalenborn International GmbH & Co. KG
10.5. Bradken Limited
10.6. Sulzer ltd.
10.7. Thejo Engineering Limited....
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