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Conveyor Belt - Market Research | Recent Trends and Growth Forecast 2025

Latest updates on Conveyor Belt market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

Implementation of favorable policies to nurture industrial development along with rapid urbanization in emerging economies has given an up thrust to manufacturing and mining sectors. These are the key driving factors for conveyor belt market growth over forecast timeframe. The product is used for conveying or transferring components & materials in different industries such as iron & steel, mining, food & beverage, etc. The product has been proven as the most resourceful way in reducing labor cost, operational time and material losses. According to the European Cement Association (CEMBUREAU), the global cement production accounted for 4.65 billion tons in 2016 and China, India are holding the major share in this, due to several ongoing infrastructure development projects to cater the need of rising population. The above mentioned trends will bolster the conveyor belt market demand by 2025.

Conveyor Belt Market will likely surpass USD 5 billion by 2025; according to a new research report.

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On the basis of volume, modular belts have shown CAGR of over 3.4% in coming years as these belts are majorly utilized in food & beverage sector. Rising population coupled with increasing employability of women in developing nations has developed the demand of processed food, catapulting the overall product demand in coming years.

Conveyor Belt - Market Research | Recent Trends and Growth Forecast 2025
Conveyor Belt - Market Research | Recent Trends and Growth Forecast 2025

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Conveyor belts are susceptible to mechanical damages, abrasive wear, loss of flexibility, etc. due to continuous operation and thus they need proper inspection and maintenance which increases the maintenance cost. This might act as a restrain for the conveyor belt market growth in future.

Stationary and portable are the two types of conveyor belts on the basis of installation. Portable segment shows growth rate of around 4% due to their application in construction projects, as rescue conveyor systems, etc. The product has lower market share due limited applications.

Based on product, the conveyor belt market is categorized into metal, polymers and others. The metal and polymers are the majorly used in various industrial applications and besides this cotton, leather, fiber glass is also used. Polymers segment will show CAGR of around 3.5% over forecast timeframe due to significant demand of better and fast material handling solutions in manufacturing sector.

Based on application, the market is bifurcated into light, medium and heavy weight. Medium weight belts hold substantial volume share of over 45% in the entire segment and show the positive growth in future due to its substantial applications across all end use industries. Medium weight conveyor belts are used for sand and gravel, waste and recycling plants, steel & iron industry, cement manufacturing, foundries, submerged ash handling, glass works, etc.

On the basis of region, Asia Pacific holds substantial share in the entire conveyor belt market owing to significant presence of the end user industries such as mining, power generation, general manufacturing, recycling, etc. The region also shows annual growth rate more than 4% in future.

Some of the prominent players in the conveyor belt market are Bridgestone Corporation, Ammeraal Beltech, Sempertrans Conveyor Belt Solutions, Bando chemicals, Fenner Dunlop, The Yokohama Rubber, Zhejiang Double Arrow Rubber, Nitta Corporation, etc.

Conveyor belt market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in thousand sq. meter & revenue in USD million from 2014 to 2025, for the following segments:

Conveyor Belt Market by Material

o Metal

o Polymer

Polyester

Nylon

Others

o Others

Conveyor Belt Market by Product

o Flat belt

o Modular belt

o Cleated belt

Conveyor Belt Market by Installation

o Portable

o Stationary

Conveyor Belt Market by Application

o Light-weight

o Medium-weight

o Heavy-weight

Conveyor Belt Market by End-use

o Mining

o Food & beverage

o Power generation

o Recycling

o Supply chain

o General Manufacturing

o Others

Major Highlights from Table of contents are listed below for quick lookup into Conveyor Belt Market report

Chapter 1. Competitive Landscape

  • Company market share
  • Conveyor Belt Market Competitive analysis of key market players
  • Competitive analysis of other prominent vendors

Chapter 2. Company Profiles

  • Business Overview
  • Financial Data
  • Product portfolio
  • Strategic Outlook
  • SWOT Analysis

Chapter 3. Methodology & Scope

  • Methodology
  • Initial data exploration
  • Conveyor Belt Market Statistical model and forecast
  • Industry insights and validation
  • Conveyor Belt Market Scope
  • Definition
  • Methodology and forecast parameters
  • Data Sources

Chapter 4. Executive Summary

  • Conveyor Belt industry 360º synopsis - 2025
  • Conveyor Belt Business trends
  • Region trends

Chapter 5. Conveyor Belt industry Insights

  • Conveyor Belt Industry segmentation
  • Industry landscape 2025
  • Industry Pitfalls and Challenges
  • Threat of new entrants
  • Threat of substitutes
  • Conveyor Belt Market Growth potential analysis

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