Global Traction Chains Market Growth 2025-2031

Global Traction Chains Market Growth 2025-2031

The global Traction Chains market size is predicted to grow from US$ 332 million in 2025 to US$ 429 million in 2031; it is expected to grow at a CAGR of 4.4% from 2025 to 2031.

Traction Chains are nets made up of chains that fitted to the tires of vehicles to provide maximum traction when driving through snow and ice. Snow chains attach to the drive wheels of a vehicle or special systems deploy chains which swing under the tires automatically.

Global Traction Chains key players include Pewag, Rud, Peerless, etc. Global top three manufacturers hold a share about 45%.

Europe is the largest market, with a share about 45%, followed by North America and Asia-Pacific, both have a share over 50 percent.

In terms of product, Metal Chain is the largest segment, with a share over 90%. And in terms of application, the largest application is Transport, followed by Forests.

LP Information, Inc. (LPI) ' newest research report, the “Traction Chains Industry Forecast” looks at past sales and reviews total world Traction Chains sales in 2024, providing a comprehensive analysis by region and market sector of projected Traction Chains sales for 2025 through 2031. With Traction Chains sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Traction Chains industry.

This Insight Report provides a comprehensive analysis of the global Traction Chains landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Traction Chains portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Traction Chains market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Traction Chains and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Traction Chains.

This report presents a comprehensive overview, market shares, and growth opportunities of Traction Chains market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Metal Chain
Nonmetal Chain

Segmentation by Application:
Transport
Forests
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Pewag
Rud
Peerless
Nordic Traction Group
Trygg
Laclede Chain
Maggi Group
Bohu
Ottinger
Veriga Lesce
Hangzhou Feifei Chain
Gowin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Traction Chains market?

What factors are driving Traction Chains market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Traction Chains market opportunities vary by end market size?

How does Traction Chains break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.