Heavy industry components, such as lines, pipes, silos, turbines, and cranes and automotive components, such as bunkers, are prone to abrasion and corrosion. The interruption caused by the breakdown of a single component leads to major expenditures to plant owners. In order to prevent such incidents in the workplace, the installation of wear protection systems for heavy duty machinery is vital. The global heavy duty wear protection systems market is expected to expand at a CAGR of 4.3% from 2015 to 2023 owing to expenditures incurred by plant owners for replacement, efficiency improvements, and environmental legislations.

With rapid industrialization and urbanization around the globe, a notable rise in the growth of heavy industries such as oil and gas, iron and steel, and construction and mining has been witnessed over the past few years. Due to rising industrialization, wide-scale deployment of machinery and automotive parts is recorded, which in turn has created a beneficial prospect for the growth of the heavy duty wear protection systems market. The early-life failure of wear components, causing loss of production time, has further pushed end-users to install the latest wear protection systems for machinery. Increasing end-use market applications of the wear protection systems and further innovation in terms of design are also opportunities to supplement the growth rate. However, the growing market for wear-proof components and fluctuating heavy industry project costs are hampering the growth of the heavy duty wear protection systems market.

The heavy duty wear protection systems market is segmented on the basis of material type, end-use industry, and geography. Segments on the basis of material type are ceramic, rubber, steel, and plastic. Rubber wear protection systems can be further segmented on the basis of product type into lining systems and coating systems, of which the coating systems segment is expected to grow the fastest. Reported end-use industries deploying wear protection systems encompass transportation and automotive, oil and gas, iron and steel, mining, power plants, wood, pulp and paper, construction, and others such as planer mills, agriculture and farming, F&B and marine. The oil and gas industry, along with the construction and mining industries, are expected to grow the fastest in terms of their deployment of wear protection systems. The heavy duty wear protection systems market has been studied for five geographies: North America, Europe, Asia Pacific, Latin America and, Middle East and Africa.

The Asia Pacific region recorded the highest implementation of heavy duty wear protection systems over the past few decades and is expected to dominate the wear protection systems market with the highest CAGR over the forecast period. This growth rate is anticipated due to the large-scale installations of heavy industries across major economies such as China, Japan, India, Indonesia, and Australia.

heavy-duty-wear-protection-systems-market

 


The heavy duty wear protection systems market is fragmented in nature, with many global and local companies present. The key strategies undertaken by most internationally acclaimed players were mergers and acquisitions in order to dominate the global wear protection systems market. Furthermore, several SMEs operating exclusively in the wear protection domain have adopted joint venture strategies and long-term service agreements in order to strengthen their market position.

Key players in the heavy duty wear protection systems market include Sandvik Construction (Sandvik Group), Metso Corporation, CeramTec GmbH, FLSmidth & Co. A/S, Kalenborn International GmbH & Co. KG, Bradken Limited, ThyssenKrupp Industrial Solutions AG, Sulzer ltd, and Thejo Engineering Limited. 

Heavy duty wear protection systems are integral to heavy duty machineries, equipment and automotive. Wear protection systems are primarily deployed as an impact resistant component, abrasion resistant, sound insulators, corrosion resistant and other such mechanical faults affecting heavy duty components. Due to continuous mechanical operations, most of the machine parts get worn out and may result in critical issues affecting the productivity and efficiency of the plant. In order to overcome such issues, wear protection systems become vital element for heavy duty machineries. Depending upon operational areas, suitable material for the wear protection systems are selected. For instance, equipment exposed to high temperature are mainly installed with ceramic protection systems as it offers the highest degree of hardness.

This research study, titled “Heavy Duty Wear Protection Systems Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 – 2023,” provides strategic analysis of the global heavy duty wear protection systems market, along with the market growth (size in US$ Mn) forecast for the period 2015 to 2023. The report includes an in-depth analysis of the market drivers, restraints, and industry trends. It also highlights the growth opportunities for wear protection systems in the next few years. 

The research report provides a comprehensive assessment of stakeholder strategies, and the imperatives for succeeding in the heavy duty wear protection systems market. The report includes competitive analysis of various market segments based on material type and end-use industry of heavy duty wear protection systems, and in-depth cross-sectional scrutiny across different geographical segments of the wear protection systems market. In order to aid in strategic decision-making, the report also includes the winning strategies adopted by key players. The report segregates the heavy duty wear protection systems market based on different geographies into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. 

For detailed understanding of the heavy duty wear protection systems market, all these segments have also been estimated in terms of revenue (US$ Mn) for the geographies mentioned above. The market research study analyzes the heavy duty wear protection systems market worldwide, and provides historical revenue estimates in terms of US$ Mn for the years 2013 and 2014, along with the market forecast for the period 2015 to 2023. Market forecasts have been analyzed considering the impact of various economic, political, social, legal, operational and technological factors influencing market growth 

The Heavy Duty Wear Protection Systems market is segmented as follows: 

Heavy Duty Wear Protection Systems Market, by Material Type

  • Ceramic
  • Rubber
    • Lining System
    • Coating System
  • Steel
  • Plastic

Heavy Duty Wear Protection Systems Market, by End-use Industry

  • Transportation & Automotive
  • Oil and Gas
  • Iron and steel
  • Mining
  • Power Plants
  • Wood, Pulp and Paper
  • Construction
  • Others (Planer mills, Agriculture & farming, F&B, Marine)

Heavy Duty Wear Protection Systems Market by Geography

  • North America
    • The U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia-Pacific (APAC)
    • Japan
    • China
    • Australasia
    • Rest of APAC
  • Middle East and Africa (MEA)
    • GCC Countries
    • North Africa
    • South Africa
    • Rest of MEA
  • Latin America
    • Brazil
    • Rest of Latin America

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.

TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.

Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:

Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.

Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.

Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


1. Preface
    1.1. Research Scope
    1.2. Market Segmentation
    1.3. Research Methodology

2. Executive Summary
    2.1. Global Heavy Duty Wear Protection Systems Market Snapshot    
    2.2. Market Dynamics
    2.3. Global Heavy Duty Wear Protection Systems Market Revenue Analysis, 2013 – 2023 (US$ Mn) and Year-on-Year Growth (%)

3. Global Heavy Duty Wear Protection Systems Market Analysis, 2013 – 2023 (US$ Mn)
    3.1. Overview
    3.2. Market Dynamics
           3.2.1. Drivers
           3.2.2. Restraints
           3.2.3. Opportunities
    3.3. Key Trends Analysis
    3.4. Global Heavy Duty Wear Protection Systems Market Analysis, By Material type, 2013 – 2023 (US$ Mn)
           3.4.1. Overview
           3.4.2. Ceramic
           3.4.3. Rubber
                   3.4.3.1. Lining System
                   3.4.3.2. Coating System
           3.4.4. Steel
           3.4.5. Plastic
    3.5. Global Heavy Duty Wear Protection Systems Market Analysis, By End-use Industry, 2013 – 2023 (US$ Mn)
           3.5.1. Overview
           3.5.2. Transportation & Automotive
           3.5.3. Oil and Gas
           3.5.4. Iron and steel
           3.5.5. Mining
           3.5.6. Power Plants
           3.5.7. Wood, Pulp and Paper
           3.5.8. Construction
           3.5.9. Others (Planer mills, Agriculture & farming, F&B, Marine) 
    3.6. Competitive Landscape
           3.6.1. Market Positioning of Key Players, 2014
           3.6.2. Competitive Strategies Adopted by Leading Players

4. North America Heavy Duty Wear Protection Systems Market Analysis, 2013 – 2023 (US$ Mn)
    4.1. Overview
    4.2. North America Heavy Duty Wear Protection Systems Market Analysis, By Material type, 2013 – 2023 (US$ Mn)
           4.2.1. Overview
           4.2.2. Ceramic
           4.2.3. Rubber
                   4.2.3.1. Lining System
                   4.2.3.2. Coating System
           4.2.4. Steel
           4.2.5. Plastic
    4.3. North America Heavy Duty Wear Protection Systems Market Analysis, By End-users, 2013 – 2023 (US$ Mn)
           4.3.1. Overview
           4.3.2. Transportation & Automotive
           4.3.3. Oil and Gas
           4.3.4. Iron and steel
           4.3.5. Mining
           4.3.6. Power Plants
           4.3.7. Wood, Pulp and Paper
           4.3.8. Construction
           4.3.9. Others (Planer mills, Agriculture & farming, F&B, Marine) 
    4.4. North America Heavy Duty Wear Protection Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn)
           4.4.1. Overview
           4.4.2. U.S.
           4.4.3. Rest of North America

5. Europe Heavy Duty Wear Protection Systems Market Analysis, 2013 – 2023 (US$ Mn)
    5.1. Overview
    5.2. Europe Heavy Duty Wear Protection Systems Market Analysis, By Material type, 2013 – 2023 (US$ Mn)
           5.2.1. Overview
           5.2.2. Ceramic
           5.2.3. Rubber
                   5.2.3.1. Lining System
                   5.2.3.2. Coating System
           5.2.4. Steel
           5.2.5. Plastic
    5.3. Europe Heavy Duty Wear Protection Systems Market Analysis, By End-users, 2013 – 2023 (US$ Mn)
           5.3.1. Overview
           5.3.2. Transportation & Automotive
           5.3.3. Oil and Gas
           5.3.4. Iron and steel
           5.3.5. Mining
           5.3.6. Power Plants
           5.3.7. Wood, Pulp and Paper
           5.3.8. Construction
           5.3.9. Others (Planer mills, Agriculture & farming, F&B, Marine) 
    5.4. Europe Heavy Duty Wear Protection Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn)
           5.4.1. Overview
           5.4.2. EU7 (UK, Italy, Spain, France, Germany, Belgium, and Netherlands)
           5.4.3. CIS
           5.4.4. Rest of Europe

6. Asia Pacific Heavy Duty Wear Protection Systems Market Analysis, 2013 – 2023 (US$ Mn)
    6.1. Overview
    6.2. Asia Pacific Heavy Duty Wear Protection Systems Market Analysis, By Material type, 2013 – 2023 (US$ Mn)
           6.2.1. Overview
           6.2.2. Ceramic
           6.2.3. Rubber
                   6.2.3.1. Lining System
                   6.2.3.2. Coating System
           6.2.4. Steel
           6.2.5. Plastic
    6.3. Asia Pacific Heavy Duty Wear Protection Systems Market Analysis, By End-users, 2013 – 2023 (US$ Mn)
           6.3.1. Overview
           6.3.2. Transportation & Automotive
           6.3.3. Oil and Gas
           6.3.4. Iron and steel
           6.3.5. Mining
           6.3.6. Power Plants
           6.3.7. Wood, Pulp and Paper
           6.3.8. Construction
           6.3.9. Others (Planer mills, Agriculture & farming, F&B, Marine) 
    6.4. Asia Pacific Heavy Duty Wear Protection Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn)
           6.4.1. Overview
           6.4.2. Japan
           6.4.3. China
           6.4.4. South East Asia
           6.4.5. Rest of APAC

7. Middle-East & Africa (MEA) Heavy Duty Wear Protection Systems Market Analysis, 2013 – 2023 (US$ Mn)
    7.1. Overview
    7.2. MEA Heavy Duty Wear Protection Systems Market Analysis, By Material type, 2013 – 2023 (US$ Mn)
           7.2.1. Overview
           7.2.2. Ceramic
           7.2.3. Rubber
                   7.2.3.1. Lining System
                   7.2.3.2. Coating System
           7.2.4. Steel
           7.2.5. Plastic
    7.3. MEA Heavy Duty Wear Protection Systems Market Analysis, By End-users, 2013 – 2023 (US$ Mn)
           7.3.1. Overview
           7.3.2. Transportation & Automotive
           7.3.3. Oil and Gas
           7.3.4. Iron and steel
           7.3.5. Mining
           7.3.6. Power Plants
           7.3.7. Wood, Pulp and Paper
           7.3.8. Construction
           7.3.9. Others (Planer mills, Agriculture & farming, F&B, Marine) 
    7.4. MEA Heavy Duty Wear Protection Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn)
           7.4.1. Overview
           7.4.2. GCC Countries
           7.4.3. North Africa
           7.4.4. Southern Africa
           7.4.5. Rest of MEA

8. Latin America Heavy Duty Wear Protection Systems Market Analysis, 2013 – 2023 (US$ Mn)
    8.1. Overview
    8.2. Latin America Heavy Duty Wear Protection Systems Market Analysis, By Material type, 2013 – 2023 (US$ Mn)
           8.2.1. Overview
           8.2.2. Ceramic
           8.2.3. Rubber
                   8.2.3.1. Lining System
                   8.2.3.2. Coating System
           8.2.4. Steel
           8.2.5. Plastic
    8.3. Latin America Heavy Duty Wear Protection Systems Market Analysis, By End-users, 2013 – 2023 (US$ Mn)
           8.3.1. Overview
           8.3.2. Transportation & Automotive
           8.3.3. Oil and Gas
           8.3.4. Iron and steel
           8.3.5. Mining
           8.3.6. Power Plants
           8.3.7. Wood, Pulp and Paper
           8.3.8. Construction
           8.3.9. Others (Planer mills, Agriculture & farming, F&B, Marine) 
    8.4. Latin America Heavy Duty Wear Protection Systems Market Analysis, By Country, 2013 – 2023 (US$ Mn)
           8.4.1. Overview
           8.4.2. Brazil
           8.4.3. Rest of Latin America

9. Company Profiles
    9.1. Sandvik Construction
    9.2. Blair Rubber Company    
    9.3. Polycorp Ltd.
    9.4. West American Rubber Company, LLC
    9.5. Metso Oyj
    9.6. The Trelleborg Group
    9.7. ContiTech AG
    9.8. FLSmidth & Co. A/S
    9.9. The Weir Group PLC
    9.10. CERATIZIT S.A
    9.11. REMA TIP TOP AG
    9.12. Raptor Mining Products Inc. 
    9.13. Densit (ITW Engineered Polymers)
    9.14. germanBelt GmbH
    9.15. Kingfisher Industrial
    9.16. Kalenborn International GmbH & Co. KG
    9.17. WPE Wear Protection Engineering GmbH
    9.18. TEGA Industries LTD
    9.19. Bradken Limited
    9.20. Fuller Industrial
    9.21. Industrial Lining Inc
    9.22. Xervon GmbH
    9.23. Outotec Oyj
    9.24. ThyssenKrupp Industrial Solutions AG
    9.25. Fluor Corporation
    9.26. SNC-Lavalin Group
    9.27. Nilos GmbH & Co. KG
    9.28. Plant Maintenance Service Corporation
    9.29. Quant AB
    9.30. Sulzer Ltd.
    9.31. Bilfinger SE
    9.32. Thejo Engineering Limited
    9.33. CeramTec GmbH

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Heavy Duty Wear Protection Systems Market