Traction Chains are nets made up of chains that fitted to the tires of vehicles to provide maximum traction when driving through snow and ice. Snow chains attach to the drive wheels of a vehicle or special systems deploy chains which swing under the tires automatically.
Scope of the Report:Traction Chains are nets made up of chains that fitted to the tires of vehicles to provide maximum traction when driving through snow and ice. Snow chains attach to the drive wheels of a vehicle or special systems deploy chains which swing under the tires automatically.
The traction chains are classified into the metal chain and nonmetal chain according to the product material. As of 2018, metal chain segment dominates the market contributing more than 90% of the total market share, reach to 3053.7 K pairs, while nonmetal chain sold 303.5 K pairs annual. Traction chains are major applied for transport, forests and other industry, in 2019; demand for a transport occupied the largest market, with 76.7% share, and reach to 2574.7 K pairs.
The traction chains market is relative concentrated market; key players include Pewag, Rud, Peerless, Nordic Traction Group, Trygg, Laclede Chain, Maggi Group, Bohu, Ottinger, Veriga Lesce, Hangzhou Feifei Chain, Gowin; the revenue of top five manufacturers accounts over 60% of the total revenue in 2019. The high-end products mainly come from Europe.
The worldwide market for Traction Chains is expected to grow at a CAGR of roughly 4.0% over the next five years, will reach 335.1 million US$ in 2026, from 275.4 million US$ in 2020, according to a new study.
This report focuses on the Traction Chains in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers Pewag
Rud
Peerless
Nordic Traction Group
Trygg
Laclede Chain
Maggi Group
Bohu
Ottinger
Veriga Lesce
Hangzhou Feifei Chain
Gowin
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Metal Chain
Nonmetal Chain
Market Segment by Applications, can be divided into Transport
Forests
Other
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Traction Chains product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Traction Chains, with price, sales, revenue and global market share of Traction Chains in 2018 and 2019.
Chapter 3, the Traction Chains competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Traction Chains breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Traction Chains market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Traction Chains sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
