What is Polyamide Caster Market?
Polyamide wheels are unbreakable, non-corroding, shock and impact proof and chemical resistant. Soft tread wheels are more difficult to roll than polyurethane tread wheels, though they provide good floor protection. They also have high abrasion resistance and low roll resistance. Due to the improved quality, productivity and cost-efficient structure of these continuous castings, the demand for these machines is growing.
Highlights from Polyamide Caster Market Study
|Unit||Value (USD Million)|
|Key Companies Profiled||Colson Group (China), Tente International (Germany), Zhongwei Holding Group (China), YUEI CASTER (Japan), Gerhard Schwalb GmbH (Germany), Blickle (Germany), Takigen (Japan), Darcor (Canada), Flywheel Metalwork (China), Colson Group (China), FATH GmbH (Germany) and ELESA AND GANTER INDIA PVT LTD (India)|
The companies operating in this industry are focusing on efficient growth, improvement of operational efficiency and productivity, and focus on maintaining sustainable development. The players are focusing on securing a leading position in this industry. They are continuously looking for the opportunity to reinforce their competitive advantage. To meet high market share, and develop socially responsible business companies are identifying various strategic pillars such as mergers & acquisitions, product enhancements Colson Group (China), Tente International (Germany), Zhongwei Holding Group (China), YUEI CASTER (Japan), Gerhard Schwalb GmbH (Germany), Blickle (Germany), Takigen (Japan), Darcor (Canada), Flywheel Metalwork (China), Colson Group (China), FATH GmbH (Germany) and ELESA AND GANTER INDIA PVT LTD (India) are some of the key players profiled in the study.
Polyamide Caster Market Segmentation:
|Application / End User||Shopping carts, Office chairs, Medical beds, Material handling equipment and Others|
|Type||Rigid casters and Swivel casters|
On the basis of geography, the market of Polyamide Caster has been segmented into . Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:Technological Upgrades in Response to Growing Quality Requirements and Rise to a Number of New Developments in Polyamide Caster
Market Growth Drivers:Rising Application of Polyamide Casters by Nylon Producers and Increasing Rubber Consumption is Driving the Growth
Challenges:Challenges Regarding Development and Innovation in the Polyamide Caster Industry
Restraints:High Initial Cost Associated with the Plant Setup and Concerns about the Bad Quality of the Polyamide Casters Can Hamper the Growth
Opportunities:Increasing Demand of the Polyamide Casters for High Productivity and High Production Flexibility and a High Level of Product Quality
Key Target AudiencePolyamide Caster Manufacturers, Polyamide Caster Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Market Leaders & Development StrategiesOn 1st March 2021, Colson Group, a global leader in caster and wheel product solutions, announced its acquisition by Blue Wolf Capital Partners LLC. “We are excited to partner with Blue Wolf, a firm that shares our philosophies and vision for Colson Group,” stated Tom Blashill, CEO of Colson Group. “While our strong global brands and experienced team attracted substantial investor attention, Blue Wolf differentiated themselves.