Market Overview:
The global conveyor wire belts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for conveyor wire belts in various industrial applications, such as mining, food industry, chemical industry, logistics/warehousing and construction. In addition, the growing demand for metal conveyor belts in North America and Europe is also contributing to the growth of this market. However, volatility in prices of raw materials used in manufacturing conveyor wire belts may restrain the growth of this market during the forecast period.
Product Definition:
A conveyor belt is the carrying medium of a belt conveyor system (often shortened to simply "conveyor"). A belt conveyor system is one of many types of conveying systems. It consists of an endless moving band of material, usually flat, that is supported by rollers or belts running over pulleys.
Metal Conveyor Belts:
Metal conveyor belts are used in the manufacturing industries for moving raw materials and finished goods. Metal conveyor belts have a wide application range in various industries such as automotive, food & beverages, pharmaceuticals, mining & minerals and power generation. The growth of these end-use markets is expected to drive metal conveyor belt market over the forecast period.
Aluminum Conveyor Belts:
Aluminum conveyor belts are used in the manufacturing industries for moving materials or products from one place to another. These belts have a wide application area and can be used in both narrow as well as wide belt applications. The aluminum conveyor belts market is expected to witness significant growth over the forecast period owing to its properties such as lightweight, high strength, corrosion resistance, and easy maintenance.
Application Insights:
The mining application segment led the global conveyor wire belts market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising demand for metals, such as copper, aluminum, and zinc across various industries is expected to drive the demand for these products in mines. Moreover, increasing investments by governments in developing mineral resources are likely to boost industry growth over the coming years.
The food industry segment accounted for 22% of total market share in 2017 owing to high product usage where food products are concerned about quality control during processing & packaging operations along with ease of installation & maintenance features offered by these belts compared with others on account of which this segment is expected to grow faster than other applications over next seven years especially when it comes from developing regions like Asia Pacific.
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 rising industrialization, increasing investments in infrastructure development, and favorable government policies promoting foreign direct investments.
The demand for conveyor belts in Europe is anticipated to grow owing to their application across several industries including food & beverage, mining, chemicals & petrochemicals among others. In addition, growing automation across various industries coupled with stringent regulations regarding workplace safety are likely to propel industry growth over the next eight years.
Growth Factors:
- Increasing demand for conveyor wire belts from the automotive and food processing industries.
- Growing adoption of conveyor wire belts in e-commerce and logistics sector.
- Rising investments in research and development activities by key players to develop new products and technologies.
- Proliferation of automated material handling systems across various industrial sectors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Conveyor Wire Belts Market Research Report
By Type
Metal Conveyor Belts, Aluminum Conveyor Belts, Wire Mesh Conveyor Belts, Other
By Application
Mining, Food Industry, Chemical Industry, Logistics/Warehousing, Construction, Other
By Companies
Osaka Telbant, Ammeraal Beltech Modular, Steinhaus, Ashworth Bros, Wire Belt, ELMOTEC Antriebstechnik, Belt Technologies Europe, Movex, NGB, Osaka Telbant
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 Wire Belts Market Report Segments:
The global Conveyor Wire Belts market is segmented on the basis of:
Types
Metal Conveyor Belts, Aluminum Conveyor Belts, Wire Mesh Conveyor Belts, Other
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
Mining, Food Industry, Chemical Industry, Logistics/Warehousing, Construction, Other
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:
- Osaka Telbant
- Ammeraal Beltech Modular
- Steinhaus
- Ashworth Bros
- Wire Belt
- ELMOTEC Antriebstechnik
- Belt Technologies Europe
- Movex
- NGB
- Osaka Telbant
Highlights of The Conveyor Wire Belts 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:
- Metal Conveyor Belts
- Aluminum Conveyor Belts
- Wire Mesh Conveyor Belts
- Other
- By Application:
- Mining
- Food Industry
- Chemical Industry
- Logistics/Warehousing
- Construction
- Other
- 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 Wire Belts 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.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
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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 wire belts are a type of belt that is used to move materials through a manufacturing or processing plant. The belt typically has several rows of metal wires that run along its length. These wires are connected to pulleys, which allow the belt to move material along its path.
Some of the key players operating in the conveyor wire belts market are Osaka Telbant, Ammeraal Beltech Modular, Steinhaus, Ashworth Bros, Wire Belt, ELMOTEC Antriebstechnik, Belt Technologies Europe, Movex, NGB, Osaka Telbant.
The conveyor wire belts market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Conveyor Wire Belts 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 Wire Belts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Conveyor Wire Belts 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 Wire Belts 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 Wire Belts Market Size & Forecast, 2020-2028 4.5.1 Conveyor Wire Belts Market Size and Y-o-Y Growth 4.5.2 Conveyor Wire Belts 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 Metal Conveyor Belts
5.2.2 Aluminum Conveyor Belts
5.2.3 Wire Mesh Conveyor Belts
5.2.4 Other
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 Mining
6.2.2 Food Industry
6.2.3 Chemical Industry
6.2.4 Logistics/Warehousing
6.2.5 Construction
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Conveyor Wire Belts 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 Wire Belts 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 Metal Conveyor Belts
9.6.2 Aluminum Conveyor Belts
9.6.3 Wire Mesh Conveyor Belts
9.6.4 Other
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 Mining
9.10.2 Food Industry
9.10.3 Chemical Industry
9.10.4 Logistics/Warehousing
9.10.5 Construction
9.10.6 Other
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 Metal Conveyor Belts
10.6.2 Aluminum Conveyor Belts
10.6.3 Wire Mesh Conveyor Belts
10.6.4 Other
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 Mining
10.10.2 Food Industry
10.10.3 Chemical Industry
10.10.4 Logistics/Warehousing
10.10.5 Construction
10.10.6 Other
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 Metal Conveyor Belts
11.6.2 Aluminum Conveyor Belts
11.6.3 Wire Mesh Conveyor Belts
11.6.4 Other
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 Mining
11.10.2 Food Industry
11.10.3 Chemical Industry
11.10.4 Logistics/Warehousing
11.10.5 Construction
11.10.6 Other
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 Metal Conveyor Belts
12.6.2 Aluminum Conveyor Belts
12.6.3 Wire Mesh Conveyor Belts
12.6.4 Other
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 Mining
12.10.2 Food Industry
12.10.3 Chemical Industry
12.10.4 Logistics/Warehousing
12.10.5 Construction
12.10.6 Other
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 Metal Conveyor Belts
13.6.2 Aluminum Conveyor Belts
13.6.3 Wire Mesh Conveyor Belts
13.6.4 Other
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 Mining
13.10.2 Food Industry
13.10.3 Chemical Industry
13.10.4 Logistics/Warehousing
13.10.5 Construction
13.10.6 Other
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 Wire Belts Market: Competitive Dashboard
14.2 Global Conveyor Wire Belts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Osaka Telbant
14.3.2 Ammeraal Beltech Modular
14.3.3 Steinhaus
14.3.4 Ashworth Bros
14.3.5 Wire Belt
14.3.6 ELMOTEC Antriebstechnik
14.3.7 Belt Technologies Europe
14.3.8 Movex
14.3.9 NGB
14.3.10 Osaka Telbant