Market Overview:
The global heavy duty conveyor belts 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 heavy-duty conveyor belts from various end-use industries, such as mining, industrial, construction, transportation, oil & gas and others. In terms of type, the multiply fabric conveyer belt segment is expected to lead the global heavy duty conveyor belts market during the forecast period. This can be attributed to its high durability and resistance against wear and tear as compared to other types of heavy-duty conveyor belts available in the market.
Product Definition:
Heavy duty conveyor belts are designed to carry heavier loads over longer distances than standard conveyor belts. They are often used in industrial settings to move materials such as rocks, sand, gravel, and metal parts.
Multiply Fabric Conveyer Belts:
Multiply fabric conveyer belts are made from flexible polyester or cotton cloth, which is wound several times around a metal or wooden pulley. The ends of the cloth are gathered together and fastened with tapes, elastic or buttons. As the name suggests, multiply fabrics are used in this product to provide high strength and reduce breakage.
Steel Cord Conveyor Belts:
Steel cord conveyor belts are made up of steel wires that are coated with a polymer resin. The belt is wound around the roller and carried on the drive pulley. As compared to rubber conveyor belts, steel cord conveyor belts have higher strength and better resistance towards heat, oil, chemicals & other contaminants.
Application Insights:
The construction application segment led the global heavy duty conveyor belts market in 2017. Conveyor belts are widely used in various construction activities, such as concrete batching, site preparation and building materials moving. The product is also used for civil engineering projects including roadways, railway systems and canals.
Construction was one of the largest end-use industries for HDC products due to its requirement of large number of HDC products on a daily basis across all sites globally. Furthermore, rapid urbanization along with rising population has increased the need for new housing structures which further drives demand over time.
The mining sector is anticipated to emerge as one of the fastest growing segments over the forecast period owing to increasing demand from emerging economies including China and India coupled with easy availability of raw materials globally driving their production levels higher thereby resulting in an increase in mining activities worldwide which will subsequently drive growth over time frame.
Regional Analysis:
Asia Pacific dominated the global heavy duty conveyor belts market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to high industrialization, coupled with increasing mining activities across economies such as China and India. In addition, rising construction activities are anticipated to drive product demand over the forecast period.
The North America market was valued at USD X million in 2017 and is projected to witness significant growth over the next eight years owing to growing investments from governments for infrastructural development projects such as airports and ports along with oil & gas exploration activities that will propel product demand. In addition, increasing use of heavy machinery including backhoe loaders for digging can cause damage on roads resulting into increased need for repair or replacement which will fuel industry growth during the forecast period.
Growth Factors:
- Increasing demand from the automotive and manufacturing industries for conveyor belts that can handle heavy loads
- Growing popularity of automated material handling systems, which require conveyor belts to move large quantities of goods quickly and efficiently
- Rising demand for eco-friendly conveyor belts made from sustainable materials such as recycled rubber or plastics
- Proliferation of e-commerce and the need for faster, more reliable delivery systems that rely on conveyor belts to move products quickly and efficiently through warehouses and fulfillment centers
- Advances in belt technology that make them stronger, lighter, and more resistant to wear and tear
Scope Of The Report
Report Attributes
Report Details
Report Title
Heavy Duty Conveyor Belts Market Research Report
By Type
Multiply Fabric Conveyer Belts, Steel Cord Conveyor Belts, Solid Woven Conveyor Belts
By Application
Mining, Industrial, Construction, Transportation, Oil & Gas, Others
By Companies
Continental AG, Bridgestone, Fenner, Yokohama, Zhejiang Double Arrow, Sempertrans, Bando, Baoding Huayue, Zhejiang Sanwei, Shandong Phoebus, Wuxi Boton, Zhangjiagang Huashen, HSIN YUNG, Fuxin Shuangxiang, Anhui Zhongyi, QingDao Rubber Six, Hebei Yichuan, Smiley Monroe
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Heavy Duty Conveyor Belts Market Report Segments:
The global Heavy Duty Conveyor Belts market is segmented on the basis of:
Types
Multiply Fabric Conveyer Belts, Steel Cord Conveyor Belts, Solid Woven Conveyor Belts
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, Industrial, Construction, Transportation, Oil & Gas, 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:
- Continental AG
- Bridgestone
- Fenner
- Yokohama
- Zhejiang Double Arrow
- Sempertrans
- Bando
- Baoding Huayue
- Zhejiang Sanwei
- Shandong Phoebus
- Wuxi Boton
- Zhangjiagang Huashen
- HSIN YUNG
- Fuxin Shuangxiang
- Anhui Zhongyi
- QingDao Rubber Six
- Hebei Yichuan
- Smiley Monroe
Highlights of The Heavy Duty 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:
- Multiply Fabric Conveyer Belts
- Steel Cord Conveyor Belts
- Solid Woven Conveyor Belts
- By Application:
- Mining
- Industrial
- Construction
- Transportation
- Oil & Gas
- 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 Heavy Duty 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.
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- Correctly Positioning New Products
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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?
Heavy duty conveyor belts are designed to handle heavier loads and are typically made of thicker materials than standard conveyor belts. They can be more expensive, but they are often more durable and efficient.
Some of the major companies in the heavy duty conveyor belts market are Continental AG, Bridgestone, Fenner, Yokohama, Zhejiang Double Arrow, Sempertrans, Bando, Baoding Huayue, Zhejiang Sanwei, Shandong Phoebus, Wuxi Boton, Zhangjiagang Huashen, HSIN YUNG, Fuxin Shuangxiang, Anhui Zhongyi, QingDao Rubber Six, Hebei Yichuan, Smiley Monroe.
The heavy duty conveyor belts market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Heavy Duty Conveyor Belts Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Heavy Duty Conveyor Belts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Heavy Duty Conveyor Belts Market - Supply Chain
4.5. Global Heavy Duty Conveyor Belts Market Forecast
4.5.1. Heavy Duty Conveyor Belts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Heavy Duty Conveyor Belts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Heavy Duty Conveyor Belts Market Absolute $ Opportunity
5. Global Heavy Duty Conveyor Belts Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Heavy Duty Conveyor Belts Market Size and Volume Forecast by Type
5.3.1. Multiply Fabric Conveyer Belts
5.3.2. Steel Cord Conveyor Belts
5.3.3. Solid Woven Conveyor Belts
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Heavy Duty Conveyor Belts Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Heavy Duty Conveyor Belts Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Industrial
6.3.3. Construction
6.3.4. Transportation
6.3.5. Oil & Gas
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Heavy Duty Conveyor Belts Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Heavy Duty Conveyor Belts Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Heavy Duty Conveyor Belts Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Heavy Duty Conveyor Belts Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Heavy Duty Conveyor Belts Demand Share Forecast, 2019-2026
9. North America Heavy Duty Conveyor Belts Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Heavy Duty Conveyor Belts Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Heavy Duty Conveyor Belts Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Industrial
9.4.3. Construction
9.4.4. Transportation
9.4.5. Oil & Gas
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Heavy Duty Conveyor Belts Market Size and Volume Forecast by Type
9.7.1. Multiply Fabric Conveyer Belts
9.7.2. Steel Cord Conveyor Belts
9.7.3. Solid Woven Conveyor Belts
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Heavy Duty Conveyor Belts Demand Share Forecast, 2019-2026
10. Latin America Heavy Duty Conveyor Belts Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Heavy Duty Conveyor Belts Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Heavy Duty Conveyor Belts Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Industrial
10.4.3. Construction
10.4.4. Transportation
10.4.5. Oil & Gas
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Heavy Duty Conveyor Belts Market Size and Volume Forecast by Type
10.7.1. Multiply Fabric Conveyer Belts
10.7.2. Steel Cord Conveyor Belts
10.7.3. Solid Woven Conveyor Belts
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Heavy Duty Conveyor Belts Demand Share Forecast, 2019-2026
11. Europe Heavy Duty Conveyor Belts Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Heavy Duty Conveyor Belts Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Heavy Duty Conveyor Belts Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Industrial
11.4.3. Construction
11.4.4. Transportation
11.4.5. Oil & Gas
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Heavy Duty Conveyor Belts Market Size and Volume Forecast by Type
11.7.1. Multiply Fabric Conveyer Belts
11.7.2. Steel Cord Conveyor Belts
11.7.3. Solid Woven Conveyor Belts
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Heavy Duty Conveyor Belts Demand Share, 2019-2026
12. Asia Pacific Heavy Duty Conveyor Belts Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Heavy Duty Conveyor Belts Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Heavy Duty Conveyor Belts Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Industrial
12.4.3. Construction
12.4.4. Transportation
12.4.5. Oil & Gas
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Heavy Duty Conveyor Belts Market Size and Volume Forecast by Type
12.7.1. Multiply Fabric Conveyer Belts
12.7.2. Steel Cord Conveyor Belts
12.7.3. Solid Woven Conveyor Belts
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Heavy Duty Conveyor Belts Demand Share, 2019-2026
13. Middle East & Africa Heavy Duty Conveyor Belts Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Heavy Duty Conveyor Belts Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Heavy Duty Conveyor Belts Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Industrial
13.4.3. Construction
13.4.4. Transportation
13.4.5. Oil & Gas
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Heavy Duty Conveyor Belts Market Size and Volume Forecast by Type
13.7.1. Multiply Fabric Conveyer Belts
13.7.2. Steel Cord Conveyor Belts
13.7.3. Solid Woven Conveyor Belts
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Heavy Duty Conveyor Belts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Heavy Duty Conveyor Belts Market: Market Share Analysis
14.2. Heavy Duty Conveyor Belts Distributors and Customers
14.3. Heavy Duty Conveyor Belts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Continental AG
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bridgestone
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Fenner
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Yokohama
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Zhejiang Double Arrow
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sempertrans
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bando
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Baoding Huayue
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Zhejiang Sanwei
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shandong Phoebus
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wuxi Boton
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Zhangjiagang Huashen
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HSIN YUNG
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Fuxin Shuangxiang
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Anhui Zhongyi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. QingDao Rubber Six
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hebei Yichuan
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Smiley Monroe
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
