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Advantages of Chain hoist

1. Chain hoist is compact
2. Chain hoist block remains almost the same even if the lift increases or decreases. So user can increase the lift only by replacing the additional chain. This makes chain hoist very versatile.
3. They find there use in clean room applications or where the contamination from oil, dust etc. is critical like food processing industry. 

1. Due to lower self weight chain hoist can be easily dismantled and installed at a new location.
2. Due to compact size they are suitable in areas where low head room is available and where there are space constraints.
3. Some chain hoists of Single Phase Motors are also available in market whose costs are much lesser than the electric wire rope hoist
4. Chain hoist is useful in low load applications below 5t and where the frequency of operation are not much.
5. Ultimately cost of chain hoist is much lesser compared to electric wire rope hoist due to compact size and construction.

Disadvantages of Chain hoist

1. Chain hoists cannot be customized, the speeds etc. are standard as per manufacturer.
2. Chain can snap immediately. Wire rope normally tears off strand by strand. Routine inspection can prevent any major mishap to happen.
3. Side pulling although the same is not allowed in wire rope hoist also, but in chain hoist immediate accidents can occur in case of side pulling
4. They cannot be used for higher frequency of operations, and typically finds their use for light to moderate duty applications.
5. Chain hoists cannot be used in steel mill applications where hot metal is to be handled.