Fact.MR reveals that the global chain pulley block market reached a value of US$ 564.1 million in 2022. The market is projected to end up at US$ 1.1 billion by 2033, expanding at a CAGR of 6.3% over the next ten years (2023 to 2033). Revenue from chain pulley blocks with a capacity of above 30 tons is expected to rise even faster at a CAGR of 6.6% through 2033.
Material handling is a...
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