Market Overview:
The global conveyor belt vulcanizing machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for conveyor belts in various industries such as metallurgy, chemical industry, mine, port and others. Additionally, the growth of the global automotive industry is also expected to fuel the demand for conveyor belts in the coming years.
Product Definition:
A conveyor belt vulcanizing machine is a device used to heat and fuse together the edges of two pieces of conveyor belt. This machine is important because it helps to keep the conveyor belt functioning properly and reduces the chances of it breaking.
Fully Automatic:
Fully automatic conveyor belt vulcanizing machine is used for heating and cooling of the belt to change its shape and tension. It's major application areas include food & beverage, rubber, plastic, paper & pulp industries. The fully automatic type has gained popularity in recent years owing to technological advancements coupled with rising demand for high volume production in the aforementioned industries.
The fully automatic types are designed to handle a variety of products with different properties such as moisture.
Semi-automatic:
Semi-automatic is a device or machine which requires human intervention at some stage during its working process. In most cases, semi-automatic machines are programmed to carry out two basic functions; namely selection of material and setting of timing parameters. The rest is handled by the machine itself without any manual intervention.
The major advantage offered by these devices/machines is that they can perform several tasks simultaneously, thus saving time and labor in the long run.
Application Insights:
The metallurgy application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The growth can be attributed to increasing demand for steel from various industries including automotive, construction, energy, and transportation. Conveyor belts used in metallurgical plants are expected to experience extreme temperatures ranging from -40°C to +70°C. These belts are also exposed to high pressure of up-to 200 bars during processing of metals at a conveyor speed of 300 meters per minute or faster.
Mine application segment is anticipated register notable CAGR over the forecast period owing to increased gold mining activities across several countries such as Australia, Brazil, Canada China India Russia U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for VLV machines from various end-use industries, such as metallurgy, chemical industry, mine and others. Increasing population coupled with rapid urbanization has led to an increase in construction activities across Asia Pacific economies including China and India. These countries are also home to some of the largest construction markets globally; thus, it will have a positive impact on regional growth over the next eight years or so.
The Latin American market is anticipated to witness significant growth during the forecast period owing to rising investments by foreign players in this region along with growing demand from end-use industries for efficient production processes using conveyor belt technology.
Growth Factors:
- Increasing demand for conveyor belt vulcanizing machines from the automotive and manufacturing industries due to the growth of these sectors.
- Growing demand for conveyor belts in e-commerce and other logistics applications, which is expected to boost the market for conveyor belt vulcanizing machines.
- Rising investments in infrastructure development projects, which is likely to create opportunities for the market growth of conveyor belt vulcanizing machines.
- Technological advancements in conveying systems that are expected to increase their efficiency and reduce operating costs, thereby driving demand for conveyor belt vulcanizing machines over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Conveyor Belt Vulcanizing Machine Market Research Report
By Type
Fully Automatic, Semi-automatic
By Application
Metallurgy, Chemical Industry, Mine, Port, Others
By Companies
ASGCO, Hind Hydraulics&Engineers, Almex, Beltwin, Tongxin Vulcanizer, Guangyue Rubber Machinery, ShenHua Jixie, REMA TIP TOP, Qingdao Leno Industry, ASGCO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Conveyor Belt Vulcanizing Machine Market Report Segments:
The global Conveyor Belt Vulcanizing Machine market is segmented on the basis of:
Types
Fully Automatic, Semi-automatic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metallurgy, Chemical Industry, Mine, Port, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ASGCO
- Hind Hydraulics&Engineers
- Almex
- Beltwin
- Tongxin Vulcanizer
- Guangyue Rubber Machinery
- ShenHua Jixie
- REMA TIP TOP
- Qingdao Leno Industry
- ASGCO
Highlights of The Conveyor Belt Vulcanizing Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fully Automatic
- Semi-automatic
- By Application:
- Metallurgy
- Chemical Industry
- Mine
- Port
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Conveyor Belt Vulcanizing Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Conveyor belt vulcanizing machines are used to vulcanize rubber and plastic materials. The machine applies heat and pressure to the material, which causes it to change from a liquid state into a solid one. This process makes the material resistant to wear and tear, making it ideal for use in products such as tires, belts, and other accessories.
Some of the key players operating in the conveyor belt vulcanizing machine market are ASGCO, Hind Hydraulics&Engineers, Almex, Beltwin, Tongxin Vulcanizer, Guangyue Rubber Machinery, ShenHua Jixie, REMA TIP TOP, Qingdao Leno Industry, ASGCO.
The conveyor belt vulcanizing machine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Conveyor Belt Vulcanizing Machine Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Conveyor Belt Vulcanizing Machine Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Conveyor Belt Vulcanizing Machine Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Conveyor Belt Vulcanizing Machine Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Conveyor Belt Vulcanizing Machine Market Size & Forecast, 2020-2028 4.5.1 Conveyor Belt Vulcanizing Machine Market Size and Y-o-Y Growth 4.5.2 Conveyor Belt Vulcanizing Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fully Automatic
5.2.2 Semi-automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Metallurgy
6.2.2 Chemical Industry
6.2.3 Mine
6.2.4 Port
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Conveyor Belt Vulcanizing Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Conveyor Belt Vulcanizing Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fully Automatic
9.6.2 Semi-automatic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Metallurgy
9.10.2 Chemical Industry
9.10.3 Mine
9.10.4 Port
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fully Automatic
10.6.2 Semi-automatic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Metallurgy
10.10.2 Chemical Industry
10.10.3 Mine
10.10.4 Port
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fully Automatic
11.6.2 Semi-automatic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Metallurgy
11.10.2 Chemical Industry
11.10.3 Mine
11.10.4 Port
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fully Automatic
12.6.2 Semi-automatic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Metallurgy
12.10.2 Chemical Industry
12.10.3 Mine
12.10.4 Port
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fully Automatic
13.6.2 Semi-automatic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Metallurgy
13.10.2 Chemical Industry
13.10.3 Mine
13.10.4 Port
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Conveyor Belt Vulcanizing Machine Market: Competitive Dashboard
14.2 Global Conveyor Belt Vulcanizing Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ASGCO
14.3.2 Hind Hydraulics&Engineers
14.3.3 Almex
14.3.4 Beltwin
14.3.5 Tongxin Vulcanizer
14.3.6 Guangyue Rubber Machinery
14.3.7 ShenHua Jixie
14.3.8 REMA TIP TOP
14.3.9 Qingdao Leno Industry
14.3.10 ASGCO