Load Binder is also known as chain binder, chain tensioners, normally used with grade 70 binder chains, it's main function is to tighten the steel chains around the loads. Load binders have 2 different flavors, ratchet binder and lever binders, with ratchet chain binder you can ratcheting the binder to tighten things up and lock binders in place, while with lever chain binder you can only tighten the chains with fixed length, and you need something else to lock the lever binder.
According to the new market research report “Load Binders - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Load Binders market size is projected to reach USD 0.74 billion by 2029, at a CAGR of 4.0% during the forecast period.
- Global Load Binders MarketSize(US$ Million), 2018-2029
Source: QYResearch, "Load Binders - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Load Binders Top24Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)
Source: QYResearch, "Load Binders - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
The global key manufacturers of Load Binders include KITO, Columbus McKinnon, Zhejiang Topsun, All Lifting, Shenli Rigging, Qinde, The Crosby Group, QingdaoPowerful Machinery, Vanguard Steel, pewag International, etc. In 2022, the global top 10 players had a share approximately 28.0% in terms of revenue.
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