Ramsey Dental Laboratory

Dublin, June 25, 2021 (GLOBE NEWSWIRE) -- The "Chain Drives Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering. The global chain drives market reached a value of US$ 4.71 Billion in 2020. A chain drive, also known as roller chain or transmission chain, is a power transmitting mechanism that consists of chain links meshed with the teeth of a sprocket gear. It is an instrument that is used to transmit speed and torque from the engine to the wheels using a looped chain, particularly in motorcycles and chain-driven vehicles and equipment. Chain drives are suitable for small lengths and operate at high velocity. Smooth and efficient functionality even in extreme temperatures, easy installation and resistance to water, oil, chemicals and sunlight are some of the key advantages of chain drives. They have wide industrial applications for various purposes such as rigging and moving heavy materials, and operating conveyor belts.The increasing number of construction activities owing to rapid industrialization is the key factor driving the global market. Additionally, advancements in the automotive engineering sector and the implementation of innovative designs and technologies are also driving the demand for chain drives. Manufacturers are opting for mechanical units consisting of basic chain drives to ensure maximum utilization of resources and smooth operations. Furthermore, the rise in the demand for timing chain drives in the manufacturing industry along with the availability of efficient chain lubrication products and increasing automation in the end use industries are expected to catalyze the market growth. Other factors including product innovations, such as the development of roller chains, wide application of inverted tooth drive chains and the availability of low-cost raw materials are further expected to drive the market growth. Looking forward, the publisher expects the global chain drives market to exhibit moderate growth during the next five years.This latest report provides a deep insight into the global chain drives market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global chain drives market in any manner.Report Coverage: Market Breakup by Product Type: Market Breakup by End-User: Market Breakup by Region: Competitive Landscape:The report has also analysed the competitive landscape of the market with some of the key players being Regal Beloit, Renold, Rexnord, SKF, The Timken Company, Tsubakimoto Chain Co., Brammer, John Kings Chains, Diamond Chain Company, Inc., Kraftmek, Ramsey Products Corporation, Rombo Chain, etc.Key Questions Answered in This Report: Key Topics Covered: 1 Preface2 Scope and Methodology3 Executive Summary4 Introduction4.1 Overview4.2 Key Industry Trends5 Global Chain Drives Market5.1 Market Overview5.2 Market Performance5.3 Impact of COVID-195.4 Market Breakup by Product Type5.5 Market Breakup by End-User5.6 Market Breakup by Region5.7 Market Forecast6 Market Breakup by Product Type6.1 Roller Chains6.1.1 Market Trends6.1.2 Market Breakup by Type6.2 Silent Chains 6.2.1 Market Trends6.2.2 Market Forecast6.3 Leaf Chains6.3.1 Market Trends6.3.2 Market Breakup by Type6.4 Others6.4.1 Market Trends6.4.2 Market Forecast7 Market Breakup by End-User7.1 Industrial Sector7.1.1 Market Trends7.1.2 Market Forecast7.2 Heavy Equipment Industry7.2.1 Market Trends7.2.2 Market Forecast7.3 Agricultural Equipment Industry7.3.1 Market Trends7.3.2 Market Forecast7.4 Others7.4.1 Market Trends7.4.2 Market Forecast8 Market Breakup by Region8.1 Asia Pacific8.1.1 Market Trends8.1.2 Market Forecast8.2 North America8.2.1 Market Trends8.2.2 Market Forecast8.3 Europe8.3.1 Market Trends8.3.2 Market Forecast8.4 Middle East and Africa8.4.1 Market Trends8.4.2 Market Forecast8.5 Latin America8.5.1 Market Trends8.5.2 Market Forecast9 SWOT Analysis10 Value Chain Analysis11 Porters Five Forces Analysis12 Price Analysis13 Competitive Landscape13.1 Market Structure13.2 Key Players13.3 Profiles of Key Players13.3.1 Regal Beloit13.3.2 Renold13.3.3 Rexnord13.3.4 SKF13.3.5 The Timken Company13.3.6 Tsubakimoto Chain Co.13.3.7 Brammer13.3.8 John Kings Chains13.3.9 Diamond Chain Company, Inc.13.3.10 Kraftmek13.3.11 Ramsey Products Corporation13.3.12 Rombo Chain For more information about this report visit