
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

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: |
|
Restraining Factors & Market Threats: |
|
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.
Table of Contents
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.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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