Market Overview:
The global TPE conveyor belts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for TPE conveyor belts from various end-use industries, such as food & tobacco, transport & logistics, printing & packaging, textile, agriculture and electronics. In addition, the growing demand for lightweight and energy-efficient conveyor belts is also contributing to the growth of this market. Based on type, TPES accounted for a major share of the global TPE conveyor belts market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its superior properties such as high strength and abrasion resistance.
Product Definition:
Thermoplastic elastomer (TPE) conveyor belts are made from a type of plastic that can be repeatedly stretched and recovered without damage. This makes them ideal for conveying products that are sensitive to shocks or vibrations. TPE conveyor belts also have good resistance to oils and other chemicals, making them a good choice for food processing and other industrial applications.
TPES:
TPES, also known as thermoplastic elastomer, is a type of synthetic rubber that offers excellent resistance to heat and chemicals. TPES products are widely used in various industries including automotive & transportation, consumer goods and electronics owing to their properties such as high strength, durability and low maintenance.
TPU:
Thermoplastic Polyurethane (TPU) is a polymer, which is produced from the reaction of phthalate monomer and plasticizer. TPU belts are used in conveyor systems as they offer high abrasion resistance, good tensile strength and have excellent flexibility. These products are also known to exhibit low elongation when exposed to elevated temperatures making them suitable for use in heat-seal applications.
Application Insights:
The food and tobacco industry was the largest application segment in 2017. TPE conveyor belts are widely used in this industry as they offer several advantages over metal and plastic counterparts, such as lightweight, cost-effectiveness, hygiene and safety. In addition, these products have a smooth surface which offers better traction for utensils on them. The transport & logistics application segment is expected to witness significant growth over the forecast period owing to rising demand from various industries for efficient distribution of goods.
TPE has been witnessing increased adoption across all major regions on account of its properties including strength-to-weight ratio; flexibility; durability; temperature resistance (up to 120°C/250°F); oil resistance (up to 300°F) coupled with low maintenance cost is anticipated to drive product demand over the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Growing population coupled with increasing living standards have spurred the demand for packaged food in this region. This has led to an increase in production activities across various industries such as dairy products, bakery & confectionery items and others.
The growing manufacturing sector across Asia Pacific has led to a rise in industrial automation projects by leading companies such as Siemens AG; Panasonic Corporation; Mitsubishi Electric Factory Automation (MEEFA) Co., Ltd.; Yokogawa Electric Corporation; Kawasaki Robotics Industries Co., Ltd.; Toyota Industries Corp.; Hyundai Heavy Industries Co., Ltd.; Fujitsu General Limited Company; Kuka AG; Yaskawa Electric Corporation etc.
Growth Factors:
- Increasing demand from the automotive and manufacturing industries for TPE conveyor belts as they are durable and require low maintenance.
- Rising demand for food processing and packaging industry which is expected to drive the growth of TPE conveyor belts market over the forecast period.
- Growing inclination of consumers towards packaged foods is anticipated to boost the growth of TPE conveyor belt market in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
TPE Conveyor Belts Market Research Report
By Type
TPES, TPU, TPO, TPEE
By Application
Food & Tobacco, Transport & Logistics, Printing & Packaging, Textile, Agriculture, Electronics, Others
By Companies
Habasit, Esbelt, Ammeraal Beltech, Nitta, YongLi, Wuxi Shun Sheng, Suzhou Italian Connaught Industrial Belt, Miuki Belting, Chiorino, Volta Belting
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global TPE Conveyor Belts Market Report Segments:
The global TPE Conveyor Belts market is segmented on the basis of:
Types
TPES, TPU, TPO, TPEE
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
Food & Tobacco, Transport & Logistics, Printing & Packaging, Textile, Agriculture, Electronics, 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:
- Habasit
- Esbelt
- Ammeraal Beltech
- Nitta
- YongLi
- Wuxi Shun Sheng
- Suzhou Italian Connaught Industrial Belt
- Miuki Belting
- Chiorino
- Volta Belting
Highlights of The TPE Conveyor 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:
- TPES
- TPU
- TPO
- TPEE
- By Application:
- Food & Tobacco
- Transport & Logistics
- Printing & Packaging
- Textile
- Agriculture
- Electronics
- 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 TPE Conveyor 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?
TPE conveyor belts are made of a durable, synthetic material that is resistant to wear and tear. They are also lightweight, making them easy to move and operate. TPE conveyor belts can be used in a variety of applications, including food processing and manufacturing.
Some of the key players operating in the tpe conveyor belts market are Habasit, Esbelt, Ammeraal Beltech, Nitta, YongLi, Wuxi Shun Sheng, Suzhou Italian Connaught Industrial Belt, Miuki Belting, Chiorino, Volta Belting.
The tpe conveyor 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 TPE Conveyor 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 TPE Conveyor Belts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 TPE Conveyor 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 TPE Conveyor 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 TPE Conveyor Belts Market Size & Forecast, 2020-2028
4.5.1 TPE Conveyor Belts Market Size and Y-o-Y Growth
4.5.2 TPE Conveyor 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 TPES
5.2.2 TPU
5.2.3 TPO
5.2.4 TPEE
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 Food & Tobacco
6.2.2 Transport & Logistics
6.2.3 Printing & Packaging
6.2.4 Textile
6.2.5 Agriculture
6.2.6 Electronics
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global TPE Conveyor 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 TPE Conveyor 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 TPES
9.6.2 TPU
9.6.3 TPO
9.6.4 TPEE
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 Food & Tobacco
9.10.2 Transport & Logistics
9.10.3 Printing & Packaging
9.10.4 Textile
9.10.5 Agriculture
9.10.6 Electronics
9.10.7 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 TPES
10.6.2 TPU
10.6.3 TPO
10.6.4 TPEE
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 Food & Tobacco
10.10.2 Transport & Logistics
10.10.3 Printing & Packaging
10.10.4 Textile
10.10.5 Agriculture
10.10.6 Electronics
10.10.7 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 TPES
11.6.2 TPU
11.6.3 TPO
11.6.4 TPEE
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 Food & Tobacco
11.10.2 Transport & Logistics
11.10.3 Printing & Packaging
11.10.4 Textile
11.10.5 Agriculture
11.10.6 Electronics
11.10.7 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 TPES
12.6.2 TPU
12.6.3 TPO
12.6.4 TPEE
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 Food & Tobacco
12.10.2 Transport & Logistics
12.10.3 Printing & Packaging
12.10.4 Textile
12.10.5 Agriculture
12.10.6 Electronics
12.10.7 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 TPES
13.6.2 TPU
13.6.3 TPO
13.6.4 TPEE
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 Food & Tobacco
13.10.2 Transport & Logistics
13.10.3 Printing & Packaging
13.10.4 Textile
13.10.5 Agriculture
13.10.6 Electronics
13.10.7 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 TPE Conveyor Belts Market: Competitive Dashboard
14.2 Global TPE Conveyor Belts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Habasit
14.3.2 Esbelt
14.3.3 Ammeraal Beltech
14.3.4 Nitta
14.3.5 YongLi
14.3.6 Wuxi Shun Sheng
14.3.7 Suzhou Italian Connaught Industrial Belt
14.3.8 Miuki Belting
14.3.9 Chiorino
14.3.10 Volta Belting
