Market Overview:
The global industrial conveyer belts market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for conveyor belts from various end-use industries, such as general industrial use, food processing, unit package handling, and others. In terms of type, the light-weight segment is projected to grow at a higher CAGR during the forecast period than medium-weight and heavy-weight segments. This growth can be attributed to the growing demand for lightweight conveyor belts from various end-use industries owing to their low weight and high strength properties.
Product Definition:
Industrial conveyor belts are machines that move materials from one place to another. They are often used in factories to move products from one end of the factory to the other.
Light-weight:
Light-weight Conveyer Belts are used in the manufacturing industries for various applications such as palletizing, loading and unloading, material handling and transportation of small or light weight products. The growth factor for this market is driven by factors such as growing demand from end-user industries coupled with increasing government support to promote industrial development across countries.
Medium-weight:
Medium-weight is a type of conveyor belt, which is used in industrial applications to carry medium and heavy weight products. Conveyor belts are widely used for moving materials within an industrial facility or between loading docks. They are also utilized for transportation of goods from one place to another within the same facility. Belts can be segmented on the basis of product carried into light-weight, standard-weight, and medium-weight belts.
Application Insights:
The general industrial use segment led the global conveyer belts market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for metalworking fluids, abrasive products, cement and other construction materials, paints & coatings chemicals across various industries such as automotive, energy production and others.
Food processing was the second-largest application segment in 2017 owing to rising demand for bakery products including pastries along with confectionery items such as chocolates across various regions including North America and Europe. In addition, beverages are also processed using these equipment which includes fruit juices along with solid food items like cheese wheels that require minimal washing or cleaning before consumption which is further likely to propel industry expansion over the coming years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial activities. China, India, Japan, South Korea and Taiwan are some of the prominent countries that have been experiencing strong economic growth over the past few years.
The food processing industry in Asia Pacific is one of the most dynamic industries owing to rapid urbanization leading to increased population along with rising disposable income levels which impacts consumer lifestyle resulting into an increase in demand for processed & canned food items such as meat products, seafoods and vegetables among others. This trend is projected to positively influence regional market development during the forecast period.
Growth Factors:
- Increasing demand from the automotive and manufacturing industries for conveyer belts that can handle heavy loads and are resistant to wear and tear is expected to drive the market growth.
- Growing investments in infrastructure development projects, especially in emerging economies, is anticipated to create lucrative opportunities for the industrial conveyor belts market players.
- Proliferation of automated material handling systems across various industrial sectors is projected to boost the demand for conveyer belts in the near future.
- Rising concerns pertaining to safety and efficiency along with growing environmental awareness are likely to propel the adoption of advanced conveyor belt technologies over traditional ones over the forecast period. 5) Technological advancements such as introduction of intelligent conveyor belt systems that can communicate with other machines are expected to open up new avenues for market growth during the forecast period
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Conveyer Belts Market Research Report
By Type
Light-weight, Medium-weight, Heavy-weight
By Application
General Industrial Use, Food Processing, Unit Package Handling, Others
By Companies
Bando Chemical Industries, Ltd., The Bridgestone Group, ContiTech, Fenner, YOKOHAMA, The Chiorino Group, GRT Rubber Technologies, Intralox, Omtech Food Engineering, HIC International, Habasit, Ammeraal Beltech, Sampla, Forbo-Siegling, Derco, Esbelt, Beltar, Mitsuboshi, Nitta, Wuxi Shun Sheng, CHIORINO, Sparks, LIAN DA, Jiangyin TianGuang
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Conveyer Belts Market Report Segments:
The global Industrial Conveyer Belts market is segmented on the basis of:
Types
Light-weight, Medium-weight, Heavy-weight
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
General Industrial Use, Food Processing, Unit Package Handling, 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:
- Bando Chemical Industries, Ltd.
- The Bridgestone Group
- ContiTech
- Fenner
- YOKOHAMA
- The Chiorino Group
- GRT Rubber Technologies
- Intralox
- Omtech Food Engineering
- HIC International
- Habasit
- Ammeraal Beltech
- Sampla
- Forbo-Siegling
- Derco
- Esbelt
- Beltar
- Mitsuboshi
- Nitta
- Wuxi Shun Sheng
- CHIORINO
- Sparks
- LIAN DA
- Jiangyin TianGuang
Highlights of The Industrial Conveyer 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:
- Light-weight
- Medium-weight
- Heavy-weight
- By Application:
- General Industrial Use
- Food Processing
- Unit Package Handling
- 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 Industrial Conveyer 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Industrial conveyer belts are used in factories and other industrial settings to move materials quickly and efficiently. They are typically made of metal or plastic, and can be either flat or curved.
Some of the major companies in the industrial conveyer belts market are Bando Chemical Industries, Ltd., The Bridgestone Group, ContiTech, Fenner, YOKOHAMA, The Chiorino Group, GRT Rubber Technologies, Intralox, Omtech Food Engineering, HIC International, Habasit, Ammeraal Beltech, Sampla, Forbo-Siegling, Derco, Esbelt, Beltar, Mitsuboshi, Nitta, Wuxi Shun Sheng, CHIORINO, Sparks, LIAN DA, Jiangyin TianGuang.
The industrial conveyer belts 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 Industrial Conveyer 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 Industrial Conveyer Belts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Conveyer 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 Industrial Conveyer 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 Industrial Conveyer Belts Market Size & Forecast, 2018-2028
4.5.1 Industrial Conveyer Belts Market Size and Y-o-Y Growth
4.5.2 Industrial Conveyer Belts Market Absolute $ Opportunity
Chapter 5 Global Industrial Conveyer Belts 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 Industrial Conveyer Belts Market Size Forecast by Type
5.2.1 Light-weight
5.2.2 Medium-weight
5.2.3 Heavy-weight
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Conveyer Belts 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 Industrial Conveyer Belts Market Size Forecast by Applications
6.2.1 General Industrial Use
6.2.2 Food Processing
6.2.3 Unit Package Handling
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Conveyer 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 Industrial Conveyer 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 Industrial Conveyer Belts Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Conveyer Belts 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 Industrial Conveyer Belts Market Size Forecast by Type
9.6.1 Light-weight
9.6.2 Medium-weight
9.6.3 Heavy-weight
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 Industrial Conveyer Belts Market Size Forecast by Applications
9.10.1 General Industrial Use
9.10.2 Food Processing
9.10.3 Unit Package Handling
9.10.4 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 Industrial Conveyer Belts Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Conveyer Belts 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 Industrial Conveyer Belts Market Size Forecast by Type
10.6.1 Light-weight
10.6.2 Medium-weight
10.6.3 Heavy-weight
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 Industrial Conveyer Belts Market Size Forecast by Applications
10.10.1 General Industrial Use
10.10.2 Food Processing
10.10.3 Unit Package Handling
10.10.4 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 Industrial Conveyer Belts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Conveyer Belts 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 Industrial Conveyer Belts Market Size Forecast by Type
11.6.1 Light-weight
11.6.2 Medium-weight
11.6.3 Heavy-weight
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 Industrial Conveyer Belts Market Size Forecast by Applications
11.10.1 General Industrial Use
11.10.2 Food Processing
11.10.3 Unit Package Handling
11.10.4 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 Industrial Conveyer Belts Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Conveyer Belts 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 Industrial Conveyer Belts Market Size Forecast by Type
12.6.1 Light-weight
12.6.2 Medium-weight
12.6.3 Heavy-weight
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 Industrial Conveyer Belts Market Size Forecast by Applications
12.10.1 General Industrial Use
12.10.2 Food Processing
12.10.3 Unit Package Handling
12.10.4 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) Industrial Conveyer Belts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Conveyer Belts 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) Industrial Conveyer Belts Market Size Forecast by Type
13.6.1 Light-weight
13.6.2 Medium-weight
13.6.3 Heavy-weight
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) Industrial Conveyer Belts Market Size Forecast by Applications
13.10.1 General Industrial Use
13.10.2 Food Processing
13.10.3 Unit Package Handling
13.10.4 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 Industrial Conveyer Belts Market: Competitive Dashboard
14.2 Global Industrial Conveyer Belts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bando Chemical Industries, Ltd.
14.3.2 The Bridgestone Group
14.3.3 ContiTech
14.3.4 Fenner
14.3.5 YOKOHAMA
14.3.6 The Chiorino Group
14.3.7 GRT Rubber Technologies
14.3.8 Intralox
14.3.9 Omtech Food Engineering
14.3.10 HIC International
14.3.11 Habasit
14.3.12 Ammeraal Beltech
14.3.13 Sampla
14.3.14 Forbo-Siegling
14.3.15 Derco
14.3.16 Esbelt
14.3.17 Beltar
14.3.18 Mitsuboshi
14.3.19 Nitta
14.3.20 Wuxi Shun Sheng
14.3.21 CHIORINO
14.3.22 Sparks
14.3.23 LIAN DA
14.3.24 Jiangyin TianGuang
