The global market for Mining Chains was estimated to be worth US$ 320 million in 2024 and is forecast to a readjusted size of US$ 369 million by 2031 with a CAGR of 2.1% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Mining Chains cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Mining chains are of special importance in modern coal mining and its high efficiency winning and conveying systems. Their task is similar to camshaft belt in a combustion engine. They are responsible for the "management" of the whole system and decide on its efficiency parameters. Mining chain is the key factor ensuring the continuity of the operation process and coal transportation from the mining face. Its strength determines the efficiency of the whole mining complex.
The quality grade is a set of properties that characterize the utility value of the mining chains. Currently, there are mainly 3 quality grades:
Chain of "B" quality grade- min. breaking strength 630 MPa,
Chain of "C" quality grade - min. breaking strength 800 MPa,
Chain of "D" quality grade - min. breaking strength 1000 MPa
Currently, the mining chains industry is in a stage of stable development.
With the rising global demand for energy transition minerals such as lithium, cobalt, and nickel, mining investment is gradually shifting from coal to metallic and rare-earth resources. This trend significantly drives the need for advanced chains capable of operating under more demanding conditions. Moreover, the development of smart mines is accelerating, requiring chain systems to be more intelligent, reliable, and data-compatible. In parallel, infrastructure growth in emerging regions like Africa, Southeast Asia, and Latin America is stimulating new mining activity, further expanding market potential.
Key Growth Drivers:
Firstly, the global energy transition has greatly increased reliance on mineral resources, especially metals used in batteries and clean technologies. This has boosted demand for high-capacity conveying and traction systems. Secondly, stricter safety and operational regulations in developed countries are pushing chain manufacturers toward innovations in strength, wear resistance, and traceability. Thirdly, the rise of automated and unmanned mining operations demands chain systems that are maintenance-efficient and ultra-reliable. This creates new opportunities for intelligent chains with embedded sensors and predictive monitoring capabilities. Finally, global OEMs are seeking more customized, integrated chain solutions, opening up a market for high-value-added products.
Market Challenges:
Despite its promising outlook, the mining chains industry faces several key challenges. Firstly, the technological barriers are high-especially in areas like welding precision, heat treatment consistency, and fatigue resistance in high-strength chains-demanding advanced equipment and process control. Secondly, price volatility of raw materials such as alloy steels, molybdenum, and chromium significantly impacts manufacturing costs and margins. Thirdly, tightening environmental regulations worldwide, particularly in Europe and North America, require chain products to adopt more sustainable practices including eco-friendly lubrication, anti-corrosion coatings, and recyclability. Lastly, real-time wear monitoring remains underdeveloped, leading to risks of unplanned downtime due to undetected chain failure.
This report aims to provide a comprehensive presentation of the global market for Mining Chains, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Mining Chains by region & country, by Type, and by Application.
The Mining Chains market size, estimations, and forecasts are provided in terms of sales volume (Tons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mining Chains.
Market Segmentation
By Company
- FASING
- Zhangjiakou Coal Mining Machinery
- J. D. Theile
- THIELE
- CICSA Group
- RUD Ketten Rieger & Dietz
- Shandong Jinhengli
- Shandong Mining Machinery Group
- Shandong Xianjin Mining Equipment
- Gelin Machinery
- Retezarna
- John King Chains
- MASTER CHAIN
Segment by Type
- Round Link Type
- Flat Link Type
Segment by Application
- Armored Face Conveyor
- Beam Stage Loaders
- Roadheader
- Coal Shearer
- Other
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Mining Chains manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Mining Chains in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Mining Chains in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Mining Chains Product Introduction
- 1.2 Global Mining Chains Market Size Forecast
- 1.2.1 Global Mining Chains Sales Value (2020-2031)
- 1.2.2 Global Mining Chains Sales Volume (2020-2031)
- 1.2.3 Global Mining Chains Sales Price (2020-2031)
- 1.3 Mining Chains Market Trends & Drivers
- 1.3.1 Mining Chains Industry Trends
- 1.3.2 Mining Chains Market Drivers & Opportunity
- 1.3.3 Mining Chains Market Challenges
- 1.3.4 Mining Chains Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Mining Chains Players Revenue Ranking (2024)
- 2.2 Global Mining Chains Revenue by Company (2020-2025)
- 2.3 Global Mining Chains Players Sales Volume Ranking (2024)
- 2.4 Global Mining Chains Sales Volume by Company Players (2020-2025)
- 2.5 Global Mining Chains Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Mining Chains Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Mining Chains Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Mining Chains
- 2.9 Mining Chains Market Competitive Analysis
- 2.9.1 Mining Chains Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Mining Chains Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Mining Chains as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Round Link Type
- 3.1.2 Flat Link Type
- 3.2 Global Mining Chains Sales Value by Type
- 3.2.1 Global Mining Chains Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Mining Chains Sales Value, by Type (2020-2031)
- 3.2.3 Global Mining Chains Sales Value, by Type (%) (2020-2031)
- 3.3 Global Mining Chains Sales Volume by Type
- 3.3.1 Global Mining Chains Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Mining Chains Sales Volume, by Type (2020-2031)
- 3.3.3 Global Mining Chains Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Mining Chains Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Armored Face Conveyor
- 4.1.2 Beam Stage Loaders
- 4.1.3 Roadheader
- 4.1.4 Coal Shearer
- 4.1.5 Other
- 4.2 Global Mining Chains Sales Value by Application
- 4.2.1 Global Mining Chains Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Mining Chains Sales Value, by Application (2020-2031)
- 4.2.3 Global Mining Chains Sales Value, by Application (%) (2020-2031)
- 4.3 Global Mining Chains Sales Volume by Application
- 4.3.1 Global Mining Chains Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Mining Chains Sales Volume, by Application (2020-2031)
- 4.3.3 Global Mining Chains Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Mining Chains Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Mining Chains Sales Value by Region
- 5.1.1 Global Mining Chains Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Mining Chains Sales Value by Region (2020-2025)
- 5.1.3 Global Mining Chains Sales Value by Region (2026-2031)
- 5.1.4 Global Mining Chains Sales Value by Region (%), (2020-2031)
- 5.2 Global Mining Chains Sales Volume by Region
- 5.2.1 Global Mining Chains Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Mining Chains Sales Volume by Region (2020-2025)
- 5.2.3 Global Mining Chains Sales Volume by Region (2026-2031)
- 5.2.4 Global Mining Chains Sales Volume by Region (%), (2020-2031)
- 5.3 Global Mining Chains Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Mining Chains Sales Value, 2020-2031
- 5.4.2 North America Mining Chains Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Mining Chains Sales Value, 2020-2031
- 5.5.2 Europe Mining Chains Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Mining Chains Sales Value, 2020-2031
- 5.6.2 Asia Pacific Mining Chains Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Mining Chains Sales Value, 2020-2031
- 5.7.2 South America Mining Chains Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Mining Chains Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Mining Chains Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Mining Chains Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Mining Chains Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Mining Chains Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Mining Chains Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Mining Chains Sales Value, 2020-2031
- 6.3.2 United States Mining Chains Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Mining Chains Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Mining Chains Sales Value, 2020-2031
- 6.4.2 Europe Mining Chains Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Mining Chains Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Mining Chains Sales Value, 2020-2031
- 6.5.2 China Mining Chains Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Mining Chains Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Mining Chains Sales Value, 2020-2031
- 6.6.2 Japan Mining Chains Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Mining Chains Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Mining Chains Sales Value, 2020-2031
- 6.7.2 South Korea Mining Chains Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Mining Chains Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Mining Chains Sales Value, 2020-2031
- 6.8.2 Southeast Asia Mining Chains Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Mining Chains Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Mining Chains Sales Value, 2020-2031
- 6.9.2 India Mining Chains Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Mining Chains Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 FASING
- 7.1.1 FASING Company Information
- 7.1.2 FASING Introduction and Business Overview
- 7.1.3 FASING Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 FASING Mining Chains Product Offerings
- 7.1.5 FASING Recent Development
- 7.2 Zhangjiakou Coal Mining Machinery
- 7.2.1 Zhangjiakou Coal Mining Machinery Company Information
- 7.2.2 Zhangjiakou Coal Mining Machinery Introduction and Business Overview
- 7.2.3 Zhangjiakou Coal Mining Machinery Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Zhangjiakou Coal Mining Machinery Mining Chains Product Offerings
- 7.2.5 Zhangjiakou Coal Mining Machinery Recent Development
- 7.3 J. D. Theile
- 7.3.1 J. D. Theile Company Information
- 7.3.2 J. D. Theile Introduction and Business Overview
- 7.3.3 J. D. Theile Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 J. D. Theile Mining Chains Product Offerings
- 7.3.5 J. D. Theile Recent Development
- 7.4 THIELE
- 7.4.1 THIELE Company Information
- 7.4.2 THIELE Introduction and Business Overview
- 7.4.3 THIELE Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 THIELE Mining Chains Product Offerings
- 7.4.5 THIELE Recent Development
- 7.5 CICSA Group
- 7.5.1 CICSA Group Company Information
- 7.5.2 CICSA Group Introduction and Business Overview
- 7.5.3 CICSA Group Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 CICSA Group Mining Chains Product Offerings
- 7.5.5 CICSA Group Recent Development
- 7.6 RUD Ketten Rieger & Dietz
- 7.6.1 RUD Ketten Rieger & Dietz Company Information
- 7.6.2 RUD Ketten Rieger & Dietz Introduction and Business Overview
- 7.6.3 RUD Ketten Rieger & Dietz Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 RUD Ketten Rieger & Dietz Mining Chains Product Offerings
- 7.6.5 RUD Ketten Rieger & Dietz Recent Development
- 7.7 Shandong Jinhengli
- 7.7.1 Shandong Jinhengli Company Information
- 7.7.2 Shandong Jinhengli Introduction and Business Overview
- 7.7.3 Shandong Jinhengli Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Shandong Jinhengli Mining Chains Product Offerings
- 7.7.5 Shandong Jinhengli Recent Development
- 7.8 Shandong Mining Machinery Group
- 7.8.1 Shandong Mining Machinery Group Company Information
- 7.8.2 Shandong Mining Machinery Group Introduction and Business Overview
- 7.8.3 Shandong Mining Machinery Group Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Shandong Mining Machinery Group Mining Chains Product Offerings
- 7.8.5 Shandong Mining Machinery Group Recent Development
- 7.9 Shandong Xianjin Mining Equipment
- 7.9.1 Shandong Xianjin Mining Equipment Company Information
- 7.9.2 Shandong Xianjin Mining Equipment Introduction and Business Overview
- 7.9.3 Shandong Xianjin Mining Equipment Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Shandong Xianjin Mining Equipment Mining Chains Product Offerings
- 7.9.5 Shandong Xianjin Mining Equipment Recent Development
- 7.10 Gelin Machinery
- 7.10.1 Gelin Machinery Company Information
- 7.10.2 Gelin Machinery Introduction and Business Overview
- 7.10.3 Gelin Machinery Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Gelin Machinery Mining Chains Product Offerings
- 7.10.5 Gelin Machinery Recent Development
- 7.11 Retezarna
- 7.11.1 Retezarna Company Information
- 7.11.2 Retezarna Introduction and Business Overview
- 7.11.3 Retezarna Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Retezarna Mining Chains Product Offerings
- 7.11.5 Retezarna Recent Development
- 7.12 John King Chains
- 7.12.1 John King Chains Company Information
- 7.12.2 John King Chains Introduction and Business Overview
- 7.12.3 John King Chains Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 John King Chains Mining Chains Product Offerings
- 7.12.5 John King Chains Recent Development
- 7.13 MASTER CHAIN
- 7.13.1 MASTER CHAIN Company Information
- 7.13.2 MASTER CHAIN Introduction and Business Overview
- 7.13.3 MASTER CHAIN Mining Chains Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 MASTER CHAIN Mining Chains Product Offerings
- 7.13.5 MASTER CHAIN Recent Development
8 Industry Chain Analysis
- 8.1 Mining Chains Industrial Chain
- 8.2 Mining Chains Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Mining Chains Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Mining Chains Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer