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Conveyor Belt Market

Conveyor Belt Market Forecasts to 2028 – Global Analysis By Conveyor Type (Roller, Belt), Product (Modular Belt, Flat Belt), Application (Light-Weight, Medium-Weight), End User (Retail, Chemicals) and By Geography

4.4 (15 reviews)
Published: June 2021 ID: SMRC20645
4.4 (15 reviews)
Published: June 2021 ID: SMRC20645

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Conveyor Belt Market is accounted for $4.49 billion in 2020 and is expected to reach $6.79 billion by 2028 growing at a CAGR of 5.3% during the forecast period. Rising industrial development activities and growing demand from the power generation, mining, and manufacturing industries are driving the market growth. However, high capital investment for setting manufacturing facility and maintenance costs are hampering the growth of the market.

Conveyor belts are the most commonly used industrial component that simplifies the process of carrying various materials and objects from one place to another, especially in industrial environments. Conveyor systems offer quick and efficient transportation for a wide variety of heavy and bulky materials and are extensively used in the material handling and packaging industries.

Based on the installation, the stationary segment is going to have lucrative growth during the forecast period as stationary conveyor belts are widely used in many industries to transport a wide variety of bulk materials over short and long distances in a cost-effective manner and also these belts have stable performance, lower cost, and are used to convey various materials. By geography, Asia Pacific is going to have high growth during the forecast period owing to the rapid industrialization, rising demand for conveyor belts in various industries, coupled with increasing government initiatives and funding in countries such as India and China. 

Some of the key players profiled in the Conveyor Belt Market include Zhejiang Double Arrow Rubber Co., Ltd., Yokohama Rubber Company, Techniks CNC Machine Tooling, Siban Peosa SA, Bridgestone, ContiTech, Nitta Corporation, MRF, Intralox, Fenner, Elcon Elastomers Pvt. Ltd., Continental Belting Private Limited, S.I.G. Societa' Italiana Gomma (S.P.A.), Bando Chemical Industries, Ltd., All-State Belting, LLC and Sempertrans.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 4.49 billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR)  from 2020 to 2028:

5.3%

Predicted 2028 Value:

USD 6.79 billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

417

Chapters Covered:

Conveyor Type, Material, Product, Installation, Conveyor Module, Cover, Application, End User and Region

Core Drivers and Opportunities:

  • Growing demand from the power generation, mining, and manufacturing industries
  • Rising industrial development activities
  • Rapid urbanization and infrastructure development projects

Restraining Factors & Market Threats:

  • High capital investment for setting manufacturing facility
  • Maintenance costs


Conveyor Types Covered:
• Tri-Planar
• Roller
• Belt
• Overhead
• Floor
• Crescent
• Pallet
• Bucket
• Cable

Materials Covered:
• Metal
• Polymer   

Products Covered:
• Modular Belt
• Flat Belt
• Cleated Belt  

Installations Covered:
• Stationary
• Portable

Conveyor Modules Covered:
• Sorting Modules
• Curved Belt Conveyors
• Singualtion Modules
• Telescopic Conveyor/Booms
• Specialty Belt Conveyors  

Covers Covered:
• Oil-Resistant Conveyor Belt
• Heat- and Flame-Resistant Conveyor
• Conductive Conveyor Belt
• Abrasion-Resistant Conveyor

Applications Covered:
• Light-Weight
• Medium-Weight
• Heavy-Weight

End Users Covered:
• Supply Chain 
• Automated Assembly Line 
• Retail 
• Chemicals, Oils and Gases 
• Power Generation 
• Industrial 
• Construction 
• Mining and Metallurgy  
• Logistics/Warehousing 
• Ports 
• General Manufacturing 
• Food & Beverage 
• Distribution 
• Automotive 
• Poultry & Dairy 
• Recycling and Scrap Handling 
• Cement 
• Aviation 
• Courier and Parcel 
• Steel 
• Agriculture  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Conveyor Belt Market is majorly driven by rising industrial development activities and growing demand from the power generation, mining, and manufacturing industries.

The stationary segment is growing at a highest CAGR owing to wide usage in many industries to transport a wide variety of bulk materials over short and long distances in a cost-effective manner.

North America dominated with a significant market share due to the factors such as continued adoption across the mining industry and government support for mining in the form of executive orders, such as for critical minerals development or in the form of regulatory changes.

Asia Pacific market is growing at a highest CAGR owing to the rapid expansion of airport infrastructure in the emerging economies of the region and high development of regional end-user industries such as mining, cement, food & beverage, and steel sectors.

Key players in Conveyor Belt Market include Zhejiang Double Arrow Rubber Co., Ltd., Yokohama Rubber Company, Techniks CNC Machine Tooling, Siban Peosa SA, Bridgestone, ContiTech, Nitta Corporation, MRF, Intralox, Fenner, Elcon Elastomers Pvt. Ltd., Continental Belting Private Limited, S.I.G. Societa' Italiana Gomma (S.P.A.), Bando Chemical Industries, Ltd., All-State Belting, LLC and Sempertrans.

1 Executive Summary            
              
2 Preface    
          
 2.1 Abstract            
 2.2 Stake Holders           
 2.3 Research Scope           
 2.4 Research Methodology          
  2.4.1 Data Mining          
  2.4.2 Data Analysis          
  2.4.3 Data Validation          
  2.4.4 Research Approach          
 2.5 Research Sources           
  2.5.1 Primary Research Sources         
  2.5.2 Secondary Research Sources         
  2.5.3 Assumptions          
              
3 Market Trend Analysis           
 3.1 Introduction           
 3.2 Drivers            
 3.3 Restraints           
 3.4 Opportunities           
 3.5 Threats            
 3.6 Product Analysis           
 3.7 Application Analysis          
 3.8 End User Analysis           
 3.9 Emerging Markets           
 3.10 Impact of Covid-19           
              
4 Porters Five Force Analysis           
 4.1 Bargaining power of suppliers          
 4.2 Bargaining power of buyers          
 4.3 Threat of substitutes          
 4.4 Threat of new entrants          
 4.5 Competitive rivalry           
              
5 Global Conveyor Belt Market, By Conveyor Type         
 5.1 Introduction           
 5.2 Tri-Planar           
 5.3 Roller            
 5.4 Belt            
 5.5 Overhead           
 5.6 Floor             
 5.7 Crescent            
 5.8 Pallet            
 5.9 Bucket            
 5.10 Cable            
              
6 Global Conveyor Belt Market, By Material         
 6.1 Introduction           
 6.2 Metal            
 6.3 Polymer            
  6.3.1 Polyvinyl Chloride (PVC)          
  6.3.2 Polyethylene (PE)          
  6.3.3 Polyester           
  6.3.4 Nylon           
  6.3.5 All Thermoplastics          
   6.3.5.1 Thermoplastic Polyester Elastomer (TPEE)       
   6.3.5.2 Thermoplastic Polyurethane (TPU)        
  6.3.6 Rubber-based Belts          
   6.3.6.1 Fabric-Reinforced Rubber         
   6.3.6.2 Synthetic Rubbers         
  6.3.7 Aramid Fibers          
  6.3.8 Plastic           
              
7 Global Conveyor Belt Market, By Product         
 7.1 Introduction           
 7.2 Modular Belt           
 7.3 Flat Belt            
 7.4 Cleated Belt           
              
8 Global Conveyor Belt Market, By Installation         
 8.1 Introduction           
 8.2 Stationary           
 8.3 Portable            
              
9 Global Conveyor Belt Market, By Conveyor Module         
 9.1 Introduction           
 9.2 Sorting Modules           
 9.3 Curved Belt Conveyors          
 9.4 Singualtion Modules           
 9.5 Telescopic Conveyor/Booms          
 9.6 Specialty Belt Conveyors          
  9.6.1 Timing           
  9.6.2 Diverting           
              
10 Global Conveyor Belt Market, By Cover          
 10.1 Introduction           
 10.2 Oil-Resistant Conveyor Belt          
 10.3 Heat- and Flame-Resistant Conveyor         
 10.4 Conductive Conveyor Belt          
 10.5 Abrasion-Resistant Conveyor          
              
11 Global Conveyor Belt Market, By Application         
 11.1 Introduction           
 11.2 Light-Weight           
 11.3 Medium-Weight           
 11.4 Heavy-Weight           
              
12 Global Conveyor Belt Market, By End User         
 12.1 Introduction           
 12.2 Supply Chain           
 12.3 Automated Assembly Line          
 12.4 Retail            
 12.5 Chemicals, Oils and Gases          
 12.6 Power Generation           
 12.7 Industrial            
 12.8 Construction           
 12.9 Mining and Metallurgy           
 12.10 Logistics/Warehousing          
 12.11 Ports            
 12.12 General Manufacturing          
 12.13 Food & Beverage           
 12.14 Distribution           
 12.15 Automotive           
 12.16 Poultry & Dairy           
 12.17 Recycling and Scrap Handling           
 12.18 Cement            
 12.19 Aviation            
 12.20 Courier and Parcel           
 12.21 Steel            
 12.22 Agriculture           
              
13 Global Conveyor Belt Market, By Geography         
 13.1 Introduction            
 13.2 North America           
  13.2.1 US           
  13.2.2 Canada           
  13.2.3 Mexico           
 13.3 Europe            
  13.3.1 Germany           
  13.3.2 UK           
  13.3.3 Italy           
  13.3.4 France           
  13.3.5 Spain           
  13.3.6 Rest of Europe          
 13.4 Asia Pacific           
  13.4.1 Japan           
  13.4.2 China           
  13.4.3 India           
  13.4.4 Australia           
  13.4.5 New Zealand          
  13.4.6 South Korea           
  13.4.7 Rest of Asia Pacific          
 13.5 South America           
  13.5.1 Argentina          
  13.5.2 Brazil           
  13.5.3 Chile           
  13.5.4 Rest of South America         
 13.6 Middle East & Africa          
  13.6.1 Saudi Arabia          
  13.6.2 UAE           
  13.6.3 Qatar           
  13.6.4 South Africa          
  13.6.5 Rest of Middle East & Africa         
              
14 Key Developments            
 14.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 14.2 Acquisitions & Mergers          
 14.3 New Product Launch          
 14.4 Expansions           
 14.5 Other Key Strategies          
              
15 Company Profiling            
 15.1 Zhejiang Double Arrow Rubber Co., Ltd.         
 15.2 Yokohama Rubber Company          
 15.3 Techniks CNC Machine Tooling         
 15.4 Siban Peosa SA           
 15.5 Bridgestone           
 15.6 ContiTech           
 15.7 Nitta Corporation           
 15.8 MRF            
 15.9 Intralox            
 15.10 Fenner            
 15.11 Elcon Elastomers Pvt. Ltd.          
 15.12 Continental Belting Private Limited         
 15.13 S.I.G. Societa' Italiana Gomma (S.P.A.)         
 15.14 Bando Chemical Industries, Ltd.         
 15.15 All-State Belting, LLC          
 15.16 Sempertrans           


List of Tables             
1 Global Conveyor Belt Market Outlook, By Region (2019-2028) ($MN)       
2 Global Conveyor Belt Market Outlook, By Conveyor Type (2019-2028) ($MN)      
3 Global Conveyor Belt Market Outlook, By Tri-Planar (2019-2028) ($MN)       
4 Global Conveyor Belt Market Outlook, By Roller (2019-2028) ($MN)       
5 Global Conveyor Belt Market Outlook, By Belt (2019-2028) ($MN)       
6 Global Conveyor Belt Market Outlook, By Overhead (2019-2028) ($MN)       
7 Global Conveyor Belt Market Outlook, By Floor (2019-2028) ($MN)       
8 Global Conveyor Belt Market Outlook, By Crescent (2019-2028) ($MN)       
9 Global Conveyor Belt Market Outlook, By Pallet (2019-2028) ($MN)       
10 Global Conveyor Belt Market Outlook, By Bucket (2019-2028) ($MN)       
11 Global Conveyor Belt Market Outlook, By Cable (2019-2028) ($MN)       
12 Global Conveyor Belt Market Outlook, By Material (2019-2028) ($MN)        
13 Global Conveyor Belt Market Outlook, By Metal (2019-2028) ($MN)       
14 Global Conveyor Belt Market Outlook, By Polymer (2019-2028) ($MN)       
15 Global Conveyor Belt Market Outlook, By Polyvinyl Chloride (PVC) (2019-2028) ($MN)     
16 Global Conveyor Belt Market Outlook, By Polyethylene (PE) (2019-2028) ($MN)      
17 Global Conveyor Belt Market Outlook, By Polyester (2019-2028) ($MN)       
18 Global Conveyor Belt Market Outlook, By Nylon (2019-2028) ($MN)       
19 Global Conveyor Belt Market Outlook, By All Thermoplastics (2019-2028) ($MN)      
20 Global Conveyor Belt Market Outlook, By Rubber-based Belts (2019-2028) ($MN)      
21 Global Conveyor Belt Market Outlook, By Aramid Fibers (2019-2028) ($MN)      
22 Global Conveyor Belt Market Outlook, By Plastic (2019-2028) ($MN)       
23 Global Conveyor Belt Market Outlook, By Product (2019-2028) ($MN)       
24 Global Conveyor Belt Market Outlook, By Modular Belt (2019-2028) ($MN)      
25 Global Conveyor Belt Market Outlook, By Flat Belt (2019-2028) ($MN)       
26 Global Conveyor Belt Market Outlook, By Cleated Belt (2019-2028) ($MN)      
27 Global Conveyor Belt Market Outlook, By Installation (2019-2028) ($MN)       
28 Global Conveyor Belt Market Outlook, By Stationary (2019-2028) ($MN)       
29 Global Conveyor Belt Market Outlook, By Portable (2019-2028) ($MN)       
30 Global Conveyor Belt Market Outlook, By Conveyor Module (2019-2028) ($MN)      
31 Global Conveyor Belt Market Outlook, By Sorting Modules (2019-2028) ($MN)      
32 Global Conveyor Belt Market Outlook, By Curved Belt Conveyors (2019-2028) ($MN)     
33 Global Conveyor Belt Market Outlook, By Singualtion Modules (2019-2028) ($MN)      
34 Global Conveyor Belt Market Outlook, By Telescopic Conveyor/Booms (2019-2028) ($MN)     
35 Global Conveyor Belt Market Outlook, By Specialty Belt Conveyors (2019-2028) ($MN)     
36 Global Conveyor Belt Market Outlook, By Timing (2019-2028) ($MN)       
37 Global Conveyor Belt Market Outlook, By Diverting (2019-2028) ($MN)       
38 Global Conveyor Belt Market Outlook, By Cover (2019-2028) ($MN)       
39 Global Conveyor Belt Market Outlook, By Oil-Resistant Conveyor Belt (2019-2028) ($MN)     
40 Global Conveyor Belt Market Outlook, By Heat- and Flame-Resistant Conveyor (2019-2028) ($MN)    
41 Global Conveyor Belt Market Outlook, By Conductive Conveyor Belt (2019-2028) ($MN)     
42 Global Conveyor Belt Market Outlook, By Abrasion-Resistant Conveyor (2019-2028) ($MN)     
43 Global Conveyor Belt Market Outlook, By Application (2019-2028) ($MN)       
44 Global Conveyor Belt Market Outlook, By Light-Weight (2019-2028) ($MN)      
45 Global Conveyor Belt Market Outlook, By Medium-Weight (2019-2028) ($MN)      
46 Global Conveyor Belt Market Outlook, By Heavy-Weight (2019-2028) ($MN)      
47 Global Conveyor Belt Market Outlook, By End User (2019-2028) ($MN)       
48 Global Conveyor Belt Market Outlook, By Supply Chain (2019-2028) ($MN)      
49 Global Conveyor Belt Market Outlook, By Automated Assembly Line (2019-2028) ($MN)     
50 Global Conveyor Belt Market Outlook, By Retail (2019-2028) ($MN)       
51 Global Conveyor Belt Market Outlook, By Chemicals, Oils and Gases (2019-2028) ($MN)     
52 Global Conveyor Belt Market Outlook, By Power Generation (2019-2028) ($MN)      
53 Global Conveyor Belt Market Outlook, By Industrial (2019-2028) ($MN)       
54 Global Conveyor Belt Market Outlook, By Construction (2019-2028) ($MN)      
55 Global Conveyor Belt Market Outlook, By Mining and Metallurgy (2019-2028) ($MN)     
56 Global Conveyor Belt Market Outlook, By Logistics/Warehousing (2019-2028) ($MN)     
57 Global Conveyor Belt Market Outlook, By Ports (2019-2028) ($MN)       
58 Global Conveyor Belt Market Outlook, By General Manufacturing (2019-2028) ($MN)     
59 Global Conveyor Belt Market Outlook, By Food & Beverage (2019-2028) ($MN)      
60 Global Conveyor Belt Market Outlook, By Distribution (2019-2028) ($MN)      
61 Global Conveyor Belt Market Outlook, By Automotive (2019-2028) ($MN)      
62 Global Conveyor Belt Market Outlook, By Poultry & Dairy (2019-2028) ($MN)      
63 Global Conveyor Belt Market Outlook, By Recycling and Scrap Handling (2019-2028) ($MN)     
64 Global Conveyor Belt Market Outlook, By Cement (2019-2028) ($MN)       
65 Global Conveyor Belt Market Outlook, By Aviation (2019-2028) ($MN)       
66 Global Conveyor Belt Market Outlook, By Courier and Parcel (2019-2028) ($MN)      
67 Global Conveyor Belt Market Outlook, By Steel (2019-2028) ($MN)       
68 Global Conveyor Belt Market Outlook, By Agriculture (2019-2028) ($MN)       
              
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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