Market Overview:
The global processing 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 processed food and textiles worldwide. In addition, the growing mining industry is also contributing to the growth of this market. The global processing belts market can be segmented on the basis of type, application, and region. On the basis of type, the global processing belts market can be segmented into cross lapper belt, elastomer covered belt, nonwoven belt, punching belt, woven belt and others. The elastomer covered belts segment is expected to grow at a higher CAGR during the forecast period as compared to other segments owing to its properties such as high strength-to-weight ratio and resistance against abrasion and chemicals. On the basis of application,the global processing beltsmarket can be divided into mining industry textile industrial sector food factory others .
Product Definition:
A processing belt is a conveyor belt that transports products through a manufacturing or packaging line. They are often used to move large or heavy items, and can be customized to fit the specific needs of a business. Processing belts are an important part of many industrial and commercial operations, as they help to speed up the production process.
Cross Lapper Belt:
Cross lapper belt is a type of flexible conveyor belt used in food processing and other industries for the purpose of continuous low-level surface cleaning. The product’s key features include excellent flexibility, smooth surface, and high durability. Cross lap technique is applied to manufacture these belts which are made from Polypropylene (PP) or Polyester (PET).
Elastomer Covered Belts:
Elastomer covered belts are made from thermoplastic elastomers, also known as thermosets. Elastomers are a class of synthetic polymers and include products such as silicone rubber, styrene-butadiene rubber (SBR), acrylonitrile butadiene styrene (ABS), ethylene-vinyl acetate (EVA) and nylon among others.
Application Insights:
The application segment is segregated into five parts, namely mining, textiles industrial, food processing industry, factory automation and others. The food processing industry was the largest consumer of belts in 2017. This can be attributed to growing demand for processed meat products such as bacon and sausage across the globe. Moreover, rising demand for frozen foods is also expected to have a positive impact on market growth over the next few years.
The textile industry uses belts made from natural or synthetic materials that are capable of withstanding high pressure without undergoing wear & tear or breaking down eventually leading to increased productivity in this sector globally speaking since last few years now belt weaves used by major textile companies are nylon covered polyester which has good tensile strength & elongation therefore suitable for use in warp-weighted fabrics where stretch resistance is required., while cotton covered polyester provides better abrasion resistance than its nylon counterpart thereby making it ideal for use against sharp stones & gravels which may cause scratches on other materials.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% of global processing belts demand in 2017. Growing industrialization, coupled with increasing foreign investments, especially in China and India, is anticipated to drive the market growth over the forecast period.
The food & beverage industry has witnessed significant growth owing to changing consumer lifestyle along with rising disposable income levels across emerging economies such as China and India. In addition, growing population coupled with rapid urbanization has resulted into increased demand for processed food items that require usage of processing belts on a large scale; hence driving their adoption across various industries including chemical manufacturing and metal & mining sector among others.
Growth Factors:
- Increasing demand for processed food products: The global processed food market is expected to grow at a CAGR of 5.4% from 2016 to 2021. This growth is driven by the increasing demand for convenience foods, changing lifestyles, and rising income levels in developing countries.
- Growing urban population: The world's urban population is expected to reach 66% by 2050, up from 54% in 2014. This growth will create opportunities for the processing belt market as more people move to cities and consume processed foods.
- Rising income levels: As incomes rise, consumers are increasingly spending on convenience foods such as processed meats, ready-to-eat meals, and snacks. This trend will benefit the processing belt market as it offers an efficient way to process these types of foods quickly and easily.
Scope Of The Report
Report Attributes
Report Details
Report Title
Processing Belts Market Research Report
By Type
Cross Lapper Belt, Elastomer Covered Belts, Nonwoven Belts, Punching Belts, Woven Belts, Others
By Application
Mining, Textiles Industrial, Food, Factory, Others
By Companies
Habasit, Forbo, VIS GmbH, Derco, Continental, CITADEL, RuDex Deutschland, Rema Tip Top, FlexCo, Joy Global
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Processing Belts Market Report Segments:
The global Processing Belts market is segmented on the basis of:
Types
Cross Lapper Belt, Elastomer Covered Belts, Nonwoven Belts, Punching Belts, Woven Belts, Others
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, Textiles Industrial, Food, Factory, 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
- Forbo
- VIS GmbH
- Derco
- Continental
- CITADEL
- RuDex Deutschland
- Rema Tip Top
- FlexCo
- Joy Global
Highlights of The Processing 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:
- Cross Lapper Belt
- Elastomer Covered Belts
- Nonwoven Belts
- Punching Belts
- Woven Belts
- Others
- By Application:
- Mining
- Textiles Industrial
- Food
- Factory
- 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 Processing 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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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?
Processing Belts are a type of belt that is used to process food. They are made from durable materials and can withstand high temperatures. This makes them ideal for use in commercial kitchens, where high-temperature cooking is common.
Some of the major players in the processing belts market are Habasit, Forbo, VIS GmbH, Derco, Continental, CITADEL, RuDex Deutschland, Rema Tip Top, FlexCo, Joy Global.
The processing belts market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Processing 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. Processing Belts Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Processing Belts Market - Supply Chain
4.5. Global Processing Belts Market Forecast
4.5.1. Processing Belts Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Processing Belts Market Size (000 Units) and Y-o-Y Growth
4.5.3. Processing Belts Market Absolute $ Opportunity
5. Global Processing 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. Processing Belts Market Size and Volume Forecast by Type
5.3.1. Cross Lapper Belt
5.3.2. Elastomer Covered Belts
5.3.3. Nonwoven Belts
5.3.4. Punching Belts
5.3.5. Woven Belts
5.3.6. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Processing 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. Processing Belts Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Textiles Industrial
6.3.3. Food
6.3.4. Factory
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Processing 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. Processing 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 Processing 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. Processing 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 Processing Belts Demand Share Forecast, 2019-2026
9. North America Processing 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 Processing 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 Processing Belts Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Textiles Industrial
9.4.3. Food
9.4.4. Factory
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Processing Belts Market Size and Volume Forecast by Type
9.7.1. Cross Lapper Belt
9.7.2. Elastomer Covered Belts
9.7.3. Nonwoven Belts
9.7.4. Punching Belts
9.7.5. Woven Belts
9.7.6. Others
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 Processing Belts Demand Share Forecast, 2019-2026
10. Latin America Processing 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 Processing 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 Processing Belts Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Textiles Industrial
10.4.3. Food
10.4.4. Factory
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Processing Belts Market Size and Volume Forecast by Type
10.7.1. Cross Lapper Belt
10.7.2. Elastomer Covered Belts
10.7.3. Nonwoven Belts
10.7.4. Punching Belts
10.7.5. Woven Belts
10.7.6. Others
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 Processing Belts Demand Share Forecast, 2019-2026
11. Europe Processing 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 Processing 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 Processing Belts Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Textiles Industrial
11.4.3. Food
11.4.4. Factory
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Processing Belts Market Size and Volume Forecast by Type
11.7.1. Cross Lapper Belt
11.7.2. Elastomer Covered Belts
11.7.3. Nonwoven Belts
11.7.4. Punching Belts
11.7.5. Woven Belts
11.7.6. Others
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 Processing Belts Demand Share, 2019-2026
12. Asia Pacific Processing 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 Processing 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 Processing Belts Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Textiles Industrial
12.4.3. Food
12.4.4. Factory
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Processing Belts Market Size and Volume Forecast by Type
12.7.1. Cross Lapper Belt
12.7.2. Elastomer Covered Belts
12.7.3. Nonwoven Belts
12.7.4. Punching Belts
12.7.5. Woven Belts
12.7.6. Others
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 Processing Belts Demand Share, 2019-2026
13. Middle East & Africa Processing 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 Processing 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 Processing Belts Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Textiles Industrial
13.4.3. Food
13.4.4. Factory
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Processing Belts Market Size and Volume Forecast by Type
13.7.1. Cross Lapper Belt
13.7.2. Elastomer Covered Belts
13.7.3. Nonwoven Belts
13.7.4. Punching Belts
13.7.5. Woven Belts
13.7.6. Others
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 Processing Belts Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Processing Belts Market: Market Share Analysis
14.2. Processing Belts Distributors and Customers
14.3. Processing Belts Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Habasit
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Forbo
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. VIS GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Derco
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Continental
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CITADEL
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. RuDex Deutschland
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Rema Tip Top
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. FlexCo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Joy Global
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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
