Bicycle Chain Market Analysis and Forecast to 2031: By Material (Carbon Steel, Alloy Steel, Nickel Plated), Chain (One Speed, Derailleur), Bicycle ( Kids, Road, Mountain, Racing), and Region
A bicycle chain is a chain that connects the pedals to the rear wheel of a bicycle. The chain is an important part of the drivetrain of a bicycle, and it is what transfers power from the pedals to the rear wheel. The chain is made up of small metal links, and it is held together by a series of pins. The chain is wrapped around the sprockets on the pedals and the rear wheel, and it is kept under tension by the derailleur. When the pedals are turned, the chain moves and the rear wheel is driven.
Key Trends
The main trends in bicycle chain technology are lighter weight, higher strength, and greater durability.
In recent years, there has been a move towards using materials such as titanium and carbon fiber in chain construction in order to reduce weight and increase strength and durability.
Key Drivers
The key drivers of the bicycle chain market are the increasing demand for bicycles, the need for efficient and low-maintenance chains, and the growing popularity of cycling as a recreational activity.
Bicycles are becoming increasingly popular as a mode of transportation, due to their low cost, environmental friendliness, and health benefits. This is leading to an increase in demand for bicycle chains.
The growing popularity of cycling as a recreational activity is also driving the demand for bicycle chains. Cycling is a great way to stay fit and healthy and is a low-impact activity that can be enjoyed by people of all ages.
Restraints & Challenges
The key restraints and challenges in Bicycle Chain market are as follows:
1. The volatile price of raw materials is a key challenge faced by manufacturers of bicycle chains. The prices of steel and other metals used in the production of bicycle chains fluctuate frequently, which makes it difficult for manufacturers to maintain a consistent price for their products.
2. The competitive landscape in the bicycle chain market is highly fragmented, with a large number of small and medium-sized players. This makes it difficult for new entrants to establish a strong presence in the market.
3. The need for regular maintenance and replacement of bicycle chains is another challenge faced by market players. Bicycle chains need to be regularly lubricated and cleaned to prevent them from rusting and becoming damaged.
Market Segments
The bicycle chain market is segmented by material, chain, bicycle, and region. By material, the market is classified into carbon steel, alloy steel, and nickel plated. Based on the chain, it is bifurcated into one speed, and derailleur. On the basis of bicycle, it is divided into kids, road, mountain, and racing. Region-wise, the market is segmented into North America, Europe, Asia Pacific, and the Rest of the World.
Key Players
The global bicycle chain market includes players such as SRAM LLC., Renold PLC, Taya Chain Co. Ltd., KMC Group, Shimano Inc, Tien Yuen Machinery Mfg. Co. Ltd., Metro Group, Izumi Chain Mfg. Co. Ltd., RK South East Asia SDN. BHD, Oriental Chain Mfg. Co. Ltd., and others.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Bicycle Chain Market Outlook
3.1. Bicycle Chain Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Bicycle Chain Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Bicycle Chain Market
4.3. Economic Impact Analysis
Chapter 5. Bicycle Chain Market by Chain
5.1. Market Overview
5.2. One Speed
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Derailleur
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Bicycle Chain Market by Bicycle
6.1. Market Overview
6.2. Kids
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Road
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Mountain
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.5. Racing
6.5.1. Market Size and Forecast, 2021-2031 ($Million)
6.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Bicycle Chain Market by Material
7.1. Market Overview
7.2. Carbon Steel
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Alloy Steel
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.4. Nickel Plated
7.4.1. Market Size and Forecast, 2021-2031 ($Million)
7.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 8. Bicycle Chain Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.2.3. North America Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.2.4. North America Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.2.5. North America Bicycle Chain Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.2.6.2. The U.S. Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.2.6.3. The U.S. Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.2.7.2. Canada Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.2.7.3. Canada Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.2.8.2. Mexico Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.2.8.3. Mexico Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.3.3. Europe Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.3.4. Europe Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.3.5. Europe Bicycle Chain Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.3.6.2. Germany Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.3.6.3. Germany Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.3.7.2. France Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.3.7.3. France Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.3.8.2. U.K. Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.3.8.3. U.K. Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.3.9.2. Spain Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.3.9.3. Spain Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.3.10.2. Italy Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.3.10.3. Italy Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Bicycle Chain Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.4.4. Asia-Pacific Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.4.5. Asia-Pacific Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.4.6.2. China Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.4.6.3. China Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.4.7. India
8.4.7.1. India Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.4.7.2. India Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.4.7.3. India Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.4.8. Japan
8.4.8.1. Japan Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.4.8.2. Japan Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.4.8.3. Japan Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.4.9.2. South Korea Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.4.9.3. South Korea Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.5.3. Rest of the World Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.5.4. Rest of the World Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.5.5. Rest of the World Bicycle Chain Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.5.6.2. Latin America Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.5.6.3. Latin America Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.5.7.2. Middle East Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.5.7.3. Middle East Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Bicycle Chain Market Size and Forecast by Chain, 2021-2031, ($Million)
8.5.8.2. Africa Bicycle Chain Market Size and Forecast by Bicycle, 2021-2031, ($Million)
8.5.8.3. Africa Bicycle Chain Market Size and Forecast by Material, 2021-2031, ($Million)
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. SRAM LLC.
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Renold PLC
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Taya Chain Co. Ltd.
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. KMC Group
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Shimano Inc
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Tien Yuen Machinery Mfg. Co. Ltd.
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Metro group
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Izumi Chain Mfg. Co. Ltd.
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. RK South East Asia SDN. BHD
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Oriental Chain Mfg. Co. Ltd.
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The list of companies is subject to change during the final compilation of the report
Key Players
Market Segmentation
By Material
- Carbon Steel
- Alloy Steel
- Nickel Plated
By Chain
- One Speed
- Derailleur
By Bicycle
- Kids
- Road
- Mountain
- Racing
By Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
- Rest of the World
- Latin America
- Middle East
- Africa