The global market for Industrial Chain was estimated to be worth US$ 4993 million in 2024 and is forecast to a readjusted size of US$ 6173 million by 2031 with a CAGR of 2.9% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Industrial Chain cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Industrial chains are essential mechanical components used extensively in power transmission and material handling systems across a wide range of industrial applications. Known for their compact structure, high transmission efficiency, and adaptability to varying load conditions, industrial chains play a vital role in maintaining reliable and continuous operation in demanding environments. Their superior mechanical strength and performance have made them indispensable in industries such as automotive, food and beverage, agriculture, and construction.
In terms of product types, roller chains represent the dominant category in the industrial chain market, accounting for approximately 65% of global revenue in 2024. Roller chains offer excellent wear resistance and transmission precision, making them suitable for high-load, high-speed applications, particularly in automotive power systems, conveyor lines, and agricultural equipment. Leaf chains are primarily used in lifting mechanisms and hoisting equipment, where their strong load-bearing capabilities are highly valued. Other types cater to specialized industrial needs and provide customized functionalities.
The automotive sector stands out as the leading application area, capturing around 22% of the global market in 2024. As global vehicle production continues to expand, and electric vehicle technologies advance rapidly, the demand for high-performance transmission chains remains strong. In the food and beverage industry, chains are vital to automated conveyor systems, ensuring durability and compliance with hygiene standards while enhancing operational efficiency. Meanwhile, the agricultural and construction sectors maintain consistent demand for heavy-duty chain systems, supporting diversified market growth.
The market is driven by several key factors, including a rebound in global manufacturing investment, increasing levels of automation, and the broader adoption of smart industrial equipment. The Asia-Pacific region, contributing approximately 53% of global revenue, remains the largest consumer market due to its robust manufacturing base, competitive cost structure, and strong export orientation, offering ample opportunities for industry expansion.
Despite favorable market dynamics, the industrial chain sector faces several restraints. Fluctuations in raw material prices, especially steel, create uncertainties in production costs and affect profit margins. Furthermore, the relatively low entry barrier has led to a highly fragmented market, where product quality can vary significantly among suppliers. As a result, competition is intensifying. Additionally, the growing demand for precision and longevity in high-end applications requires greater investment in research and development and advanced manufacturing technologies.
The global industrial chain market exhibits moderate concentration, with the top five players accounting for about 35% of total market share. Leading companies such as Tsubaki, The Timken Company, Iwis, Renold, and Daido Kogyo (DID) maintain their leadership through strong technological capabilities and well-established brand recognition. At the same time, emerging players like Qingdao Choho Industrial in China are making strides in manufacturing capacity and international market penetration, gradually moving into higher-value segments and reshaping the competitive landscape of the global industry.
This report aims to provide a comprehensive presentation of the global market for Industrial Chain, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Industrial Chain by region & country, by Type, and by Application.
The Industrial Chain market size, estimations, and forecasts are provided in terms of sales volume (K MT) 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 Industrial Chain.
Market Segmentation
By Company
- Tsubaki
- The Timken Company
- Iwis
- Renold
- Daido Kogyo
- Qingdao Choho Industrial
- BorgWarner
- SKF
- KMC
- Catensys
- Hangzhou Donghua Chain Group
- Zhejiang Hengjiu Machinery Group
- CHALLENGE
- FASING
- L.G.Balakrishnan & Bros Ltd
- Ketten Wulf
- Hangzhou Unibear
- Universal Chains
- Regal Rexnord Corporation
- Zhuji Chain General Factory
Segment by Type
- Roller Chains
- Leaf Chains
- Other Types
Segment by Application
- Automotive
- Food and Beverage
- Agricultural
- Construction
- Others
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 Industrial Chain 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 Industrial Chain 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 Industrial Chain 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 Industrial Chain Product Introduction
- 1.2 Global Industrial Chain Market Size Forecast
- 1.2.1 Global Industrial Chain Sales Value (2020-2031)
- 1.2.2 Global Industrial Chain Sales Volume (2020-2031)
- 1.2.3 Global Industrial Chain Sales Price (2020-2031)
- 1.3 Industrial Chain Market Trends & Drivers
- 1.3.1 Industrial Chain Industry Trends
- 1.3.2 Industrial Chain Market Drivers & Opportunity
- 1.3.3 Industrial Chain Market Challenges
- 1.3.4 Industrial Chain Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Industrial Chain Players Revenue Ranking (2024)
- 2.2 Global Industrial Chain Revenue by Company (2020-2025)
- 2.3 Global Industrial Chain Players Sales Volume Ranking (2024)
- 2.4 Global Industrial Chain Sales Volume by Company Players (2020-2025)
- 2.5 Global Industrial Chain Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Industrial Chain Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Industrial Chain Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Industrial Chain
- 2.9 Industrial Chain Market Competitive Analysis
- 2.9.1 Industrial Chain Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Industrial Chain Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Industrial Chain as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Roller Chains
- 3.1.2 Leaf Chains
- 3.1.3 Other Types
- 3.2 Global Industrial Chain Sales Value by Type
- 3.2.1 Global Industrial Chain Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Industrial Chain Sales Value, by Type (2020-2031)
- 3.2.3 Global Industrial Chain Sales Value, by Type (%) (2020-2031)
- 3.3 Global Industrial Chain Sales Volume by Type
- 3.3.1 Global Industrial Chain Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Industrial Chain Sales Volume, by Type (2020-2031)
- 3.3.3 Global Industrial Chain Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Industrial Chain Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Automotive
- 4.1.2 Food and Beverage
- 4.1.3 Agricultural
- 4.1.4 Construction
- 4.1.5 Others
- 4.2 Global Industrial Chain Sales Value by Application
- 4.2.1 Global Industrial Chain Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Industrial Chain Sales Value, by Application (2020-2031)
- 4.2.3 Global Industrial Chain Sales Value, by Application (%) (2020-2031)
- 4.3 Global Industrial Chain Sales Volume by Application
- 4.3.1 Global Industrial Chain Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Industrial Chain Sales Volume, by Application (2020-2031)
- 4.3.3 Global Industrial Chain Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Industrial Chain Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Industrial Chain Sales Value by Region
- 5.1.1 Global Industrial Chain Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Industrial Chain Sales Value by Region (2020-2025)
- 5.1.3 Global Industrial Chain Sales Value by Region (2026-2031)
- 5.1.4 Global Industrial Chain Sales Value by Region (%), (2020-2031)
- 5.2 Global Industrial Chain Sales Volume by Region
- 5.2.1 Global Industrial Chain Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Industrial Chain Sales Volume by Region (2020-2025)
- 5.2.3 Global Industrial Chain Sales Volume by Region (2026-2031)
- 5.2.4 Global Industrial Chain Sales Volume by Region (%), (2020-2031)
- 5.3 Global Industrial Chain Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Industrial Chain Sales Value, 2020-2031
- 5.4.2 North America Industrial Chain Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Industrial Chain Sales Value, 2020-2031
- 5.5.2 Europe Industrial Chain Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Industrial Chain Sales Value, 2020-2031
- 5.6.2 Asia Pacific Industrial Chain Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Industrial Chain Sales Value, 2020-2031
- 5.7.2 South America Industrial Chain Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Industrial Chain Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Industrial Chain Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Industrial Chain Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Industrial Chain Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Industrial Chain Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Industrial Chain Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Industrial Chain Sales Value, 2020-2031
- 6.3.2 United States Industrial Chain Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Industrial Chain Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Industrial Chain Sales Value, 2020-2031
- 6.4.2 Europe Industrial Chain Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Industrial Chain Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Industrial Chain Sales Value, 2020-2031
- 6.5.2 China Industrial Chain Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Industrial Chain Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Industrial Chain Sales Value, 2020-2031
- 6.6.2 Japan Industrial Chain Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Industrial Chain Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Industrial Chain Sales Value, 2020-2031
- 6.7.2 South Korea Industrial Chain Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Industrial Chain Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Industrial Chain Sales Value, 2020-2031
- 6.8.2 Southeast Asia Industrial Chain Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Industrial Chain Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Industrial Chain Sales Value, 2020-2031
- 6.9.2 India Industrial Chain Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Industrial Chain Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Tsubaki
- 7.1.1 Tsubaki Company Information
- 7.1.2 Tsubaki Introduction and Business Overview
- 7.1.3 Tsubaki Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Tsubaki Industrial Chain Product Offerings
- 7.1.5 Tsubaki Recent Development
- 7.2 The Timken Company
- 7.2.1 The Timken Company Company Information
- 7.2.2 The Timken Company Introduction and Business Overview
- 7.2.3 The Timken Company Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 The Timken Company Industrial Chain Product Offerings
- 7.2.5 The Timken Company Recent Development
- 7.3 Iwis
- 7.3.1 Iwis Company Information
- 7.3.2 Iwis Introduction and Business Overview
- 7.3.3 Iwis Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Iwis Industrial Chain Product Offerings
- 7.3.5 Iwis Recent Development
- 7.4 Renold
- 7.4.1 Renold Company Information
- 7.4.2 Renold Introduction and Business Overview
- 7.4.3 Renold Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Renold Industrial Chain Product Offerings
- 7.4.5 Renold Recent Development
- 7.5 Daido Kogyo
- 7.5.1 Daido Kogyo Company Information
- 7.5.2 Daido Kogyo Introduction and Business Overview
- 7.5.3 Daido Kogyo Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Daido Kogyo Industrial Chain Product Offerings
- 7.5.5 Daido Kogyo Recent Development
- 7.6 Qingdao Choho Industrial
- 7.6.1 Qingdao Choho Industrial Company Information
- 7.6.2 Qingdao Choho Industrial Introduction and Business Overview
- 7.6.3 Qingdao Choho Industrial Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Qingdao Choho Industrial Industrial Chain Product Offerings
- 7.6.5 Qingdao Choho Industrial Recent Development
- 7.7 BorgWarner
- 7.7.1 BorgWarner Company Information
- 7.7.2 BorgWarner Introduction and Business Overview
- 7.7.3 BorgWarner Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 BorgWarner Industrial Chain Product Offerings
- 7.7.5 BorgWarner Recent Development
- 7.8 SKF
- 7.8.1 SKF Company Information
- 7.8.2 SKF Introduction and Business Overview
- 7.8.3 SKF Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 SKF Industrial Chain Product Offerings
- 7.8.5 SKF Recent Development
- 7.9 KMC
- 7.9.1 KMC Company Information
- 7.9.2 KMC Introduction and Business Overview
- 7.9.3 KMC Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 KMC Industrial Chain Product Offerings
- 7.9.5 KMC Recent Development
- 7.10 Catensys
- 7.10.1 Catensys Company Information
- 7.10.2 Catensys Introduction and Business Overview
- 7.10.3 Catensys Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Catensys Industrial Chain Product Offerings
- 7.10.5 Catensys Recent Development
- 7.11 Hangzhou Donghua Chain Group
- 7.11.1 Hangzhou Donghua Chain Group Company Information
- 7.11.2 Hangzhou Donghua Chain Group Introduction and Business Overview
- 7.11.3 Hangzhou Donghua Chain Group Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Hangzhou Donghua Chain Group Industrial Chain Product Offerings
- 7.11.5 Hangzhou Donghua Chain Group Recent Development
- 7.12 Zhejiang Hengjiu Machinery Group
- 7.12.1 Zhejiang Hengjiu Machinery Group Company Information
- 7.12.2 Zhejiang Hengjiu Machinery Group Introduction and Business Overview
- 7.12.3 Zhejiang Hengjiu Machinery Group Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Zhejiang Hengjiu Machinery Group Industrial Chain Product Offerings
- 7.12.5 Zhejiang Hengjiu Machinery Group Recent Development
- 7.13 CHALLENGE
- 7.13.1 CHALLENGE Company Information
- 7.13.2 CHALLENGE Introduction and Business Overview
- 7.13.3 CHALLENGE Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 CHALLENGE Industrial Chain Product Offerings
- 7.13.5 CHALLENGE Recent Development
- 7.14 FASING
- 7.14.1 FASING Company Information
- 7.14.2 FASING Introduction and Business Overview
- 7.14.3 FASING Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 FASING Industrial Chain Product Offerings
- 7.14.5 FASING Recent Development
- 7.15 L.G.Balakrishnan & Bros Ltd
- 7.15.1 L.G.Balakrishnan & Bros Ltd Company Information
- 7.15.2 L.G.Balakrishnan & Bros Ltd Introduction and Business Overview
- 7.15.3 L.G.Balakrishnan & Bros Ltd Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 L.G.Balakrishnan & Bros Ltd Industrial Chain Product Offerings
- 7.15.5 L.G.Balakrishnan & Bros Ltd Recent Development
- 7.16 Ketten Wulf
- 7.16.1 Ketten Wulf Company Information
- 7.16.2 Ketten Wulf Introduction and Business Overview
- 7.16.3 Ketten Wulf Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Ketten Wulf Industrial Chain Product Offerings
- 7.16.5 Ketten Wulf Recent Development
- 7.17 Hangzhou Unibear
- 7.17.1 Hangzhou Unibear Company Information
- 7.17.2 Hangzhou Unibear Introduction and Business Overview
- 7.17.3 Hangzhou Unibear Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Hangzhou Unibear Industrial Chain Product Offerings
- 7.17.5 Hangzhou Unibear Recent Development
- 7.18 Universal Chains
- 7.18.1 Universal Chains Company Information
- 7.18.2 Universal Chains Introduction and Business Overview
- 7.18.3 Universal Chains Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Universal Chains Industrial Chain Product Offerings
- 7.18.5 Universal Chains Recent Development
- 7.19 Regal Rexnord Corporation
- 7.19.1 Regal Rexnord Corporation Company Information
- 7.19.2 Regal Rexnord Corporation Introduction and Business Overview
- 7.19.3 Regal Rexnord Corporation Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Regal Rexnord Corporation Industrial Chain Product Offerings
- 7.19.5 Regal Rexnord Corporation Recent Development
- 7.20 Zhuji Chain General Factory
- 7.20.1 Zhuji Chain General Factory Company Information
- 7.20.2 Zhuji Chain General Factory Introduction and Business Overview
- 7.20.3 Zhuji Chain General Factory Industrial Chain Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.20.4 Zhuji Chain General Factory Industrial Chain Product Offerings
- 7.20.5 Zhuji Chain General Factory Recent Development
8 Industry Chain Analysis
- 8.1 Industrial Chain Industrial Chain
- 8.2 Industrial Chain 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 Industrial Chain Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Industrial Chain 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