Load Binder is also known as chain binder, chain tensioners, normally used with grade 70 binder chains, it's main function is to tighten the steel chains around the loads. Load binders have 2 different flavors, ratchet binder and lever binders, with ratchet chain binder you can ratcheting the binder to tighten things up and lock binders in place, while with lever chain binder you can only tighten the chains with fixed length, and you need something else to lock the lever binder.
The global consumption of Chain Binder increases from 22415 K Units in 2013 to 28801 K Units in 2017, at a CAGR of more than 6.47%. In 2017, the global Chain Binder consumption market is led by Europe and Europe is the largest region consumption market, accounting for about 38.76% of global consumption of Chain Binder.
The Chain Binder market was valued at 790 Million US$ in 2018 and is projected to reach 1190 Million US$ by 2025, at a CAGR of 5.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Chain Binder.
This report presents the worldwide Chain Binder market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Peerless Industrial Group
Qingdao Xintai Rigging
Win Chance Metal
Chain Binder Breakdown Data by Type
Chain Binder Breakdown Data by Application
Chain Binder Production by Region
Chain Binder Consumption by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Chain Binder status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Chain Binder manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Chain Binder :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Chain Binder market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.