Market Overview:
The global steel cord conveyer belt 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 steel cord conveyer belts from various end-use industries such as mining, construction, electricity, and others. In terms of type, the ordinary type segment is expected to hold a major share of the global steel cord conveyer belt market during the forecast period. However, in terms of CAGR, the flame-retardant segment is projected to grow at a higher rate than other segments during the forecast period.
Product Definition:
A steel cord conveyer belt is a type of conveyor belt that uses steel cords as the main support structure. This type of belt is often used to move heavy or large objects, as the steel cords are able to support a great deal of weight. Additionally, this type of belt can be used in environments where traditional rubber belts may not be able to withstand the heat or abuse.
Ordinary Type:
Ordinary type is also known as straight-walled or simple steel conveyor belt. It is a low-alloy, wide-flange, single ply belt with smooth surface and without any rib or wrinkles. The product has no central reinforcement bar but it does have edge support along the entire length of the perimeter.
The product can be manufactured from hot rolled coil (HRC) or cold rolled sheet (CR).
Flame-retardant:
Flame retardants are additives that delay the progress of fire to enable the completion of an entire conveyor belt length before it can reach any combustible materials. They are used in several products including plastics, rubber, and textiles. The most common flame retardant is brominated polystyrene (BPS).
The global steel cord conveyer belt market size was valued at USD 1.56 billion in 2016.
Application Insights:
The construction application segment led the global steel cord conveyer belt market in 2017 and is projected to witness significant growth over the forecast period. Steel cord conveyer belts are used for transferring materials in construction sites, quarrying, etc., from one place to another. The product is widely preferred owing to its ability to withstand high vibrations and temperature changes with ease.
Construction accounted for 21.9% of the revenue share in 2017 owing to increasing demand from various end-use industries such as mining, automotive, energy generation plants across the globe. Moreover, rapid urbanization along with rising population has resulted in increased spending on infrastructure development which will boost industry growth further over the coming years.
Electricity application segment was valued at USD 1,252 million in 2017 due largelyto growing electrical equipment manufacturing sectorsin China and Japan coupled with high electricity consumptionrates across various regions of Europe.
Regional Analysis:
Asia Pacific dominated the global steel cord conveyer belt market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturing industries, which require steel cord conveyor belts for various applications. Furthermore, increasing infrastructure activities in developing countries such as China and India are expected to drive demand for these products over the next eight years.
The Asia Pacific regional market was followed by Europe, which accounted for approximately 25% of total revenue share in 2017 owing to high construction activities coupled with growing mining industry across European countries such as Russia and Germany. In addition, rising electricity generation from renewable sources is anticipated to drive product demand further over the forecast period.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of steel cord conveyer belts in developing countries
- Technological advancements in steel cord conveyer belt manufacturing process
- Rising prices of raw materials used in the production of steel cord conveyer belts
- Growing demand for energy-efficient and environment-friendly transportation systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Cord Conveyer Belt Market Research Report
By Type
Ordinary Type, Flame-retardant, Heat-resistant
By Application
Mining, Construction, Electricity, Other
By Companies
ContiTech, Fenner, Bridgestone, YOKOHAMA, Bando, COBRA Group, HSIN YUNG, DRB, ARTEGO, Jagruti Rubber, Forech, PHOENIX CBS, SEMPERIT, Wuxi Boton, Zhejiang Double Arrow, Shandong Aneng, QingDao Rubber Six, Fuxin Huanyu, Baoding Huayue, Zhejiang Sanwei, Hebei Yichuan
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Steel Cord Conveyer Belt Market Report Segments:
The global Steel Cord Conveyer Belt market is segmented on the basis of:
Types
Ordinary Type, Flame-retardant, Heat-resistant
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, Construction, Electricity, 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:
- ContiTech
- Fenner
- Bridgestone
- YOKOHAMA
- Bando
- COBRA Group
- HSIN YUNG
- DRB
- ARTEGO
- Jagruti Rubber
- Forech
- PHOENIX CBS
- SEMPERIT
- Wuxi Boton
- Zhejiang Double Arrow
- Shandong Aneng
- QingDao Rubber Six
- Fuxin Huanyu
- Baoding Huayue
- Zhejiang Sanwei
- Hebei Yichuan
Highlights of The Steel Cord Conveyer Belt 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:
- Ordinary Type
- Flame-retardant
- Heat-resistant
- By Application:
- Mining
- Construction
- Electricity
- 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 Steel Cord Conveyer Belt 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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- Product & Brand Management
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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?
A steel cord conveyer belt is a type of conveyor belt that uses steel wires to move items. The belts are often used in factories and other industrial settings, where they are able to move large amounts of materials quickly and efficiently.
Some of the major companies in the steel cord conveyer belt market are ContiTech, Fenner, Bridgestone, YOKOHAMA, Bando, COBRA Group, HSIN YUNG, DRB, ARTEGO, Jagruti Rubber, Forech, PHOENIX CBS, SEMPERIT, Wuxi Boton, Zhejiang Double Arrow, Shandong Aneng, QingDao Rubber Six, Fuxin Huanyu, Baoding Huayue, Zhejiang Sanwei, Hebei Yichuan.
The steel cord conveyer belt market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Cord Conveyer Belt 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. Steel Cord Conveyer Belt Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Cord Conveyer Belt Market - Supply Chain
4.5. Global Steel Cord Conveyer Belt Market Forecast
4.5.1. Steel Cord Conveyer Belt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Cord Conveyer Belt Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Cord Conveyer Belt Market Absolute $ Opportunity
5. Global Steel Cord Conveyer Belt 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. Steel Cord Conveyer Belt Market Size and Volume Forecast by Type
5.3.1. Ordinary Type
5.3.2. Flame-retardant
5.3.3. Heat-resistant
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Cord Conveyer Belt 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. Steel Cord Conveyer Belt Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Construction
6.3.3. Electricity
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Cord Conveyer Belt 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. Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt 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. Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt Demand Share Forecast, 2019-2026
9. North America Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Construction
9.4.3. Electricity
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Cord Conveyer Belt Market Size and Volume Forecast by Type
9.7.1. Ordinary Type
9.7.2. Flame-retardant
9.7.3. Heat-resistant
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 Steel Cord Conveyer Belt Demand Share Forecast, 2019-2026
10. Latin America Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Construction
10.4.3. Electricity
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Cord Conveyer Belt Market Size and Volume Forecast by Type
10.7.1. Ordinary Type
10.7.2. Flame-retardant
10.7.3. Heat-resistant
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 Steel Cord Conveyer Belt Demand Share Forecast, 2019-2026
11. Europe Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Construction
11.4.3. Electricity
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Cord Conveyer Belt Market Size and Volume Forecast by Type
11.7.1. Ordinary Type
11.7.2. Flame-retardant
11.7.3. Heat-resistant
11.8. Basis Point Shar (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 Steel Cord Conveyer Belt Demand Share, 2019-2026
12. Asia Pacific Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Construction
12.4.3. Electricity
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Cord Conveyer Belt Market Size and Volume Forecast by Type
12.7.1. Ordinary Type
12.7.2. Flame-retardant
12.7.3. Heat-resistant
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 Steel Cord Conveyer Belt Demand Share, 2019-2026
13. Middle East & Africa Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt 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 Steel Cord Conveyer Belt Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Construction
13.4.3. Electricity
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Cord Conveyer Belt Market Size and Volume Forecast by Type
13.7.1. Ordinary Type
13.7.2. Flame-retardant
13.7.3. Heat-resistant
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 Steel Cord Conveyer Belt Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Cord Conveyer Belt Market: Market Share Analysis
14.2. Steel Cord Conveyer Belt Distributors and Customers
14.3. Steel Cord Conveyer Belt Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ContiTech
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fenner
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bridgestone
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. Bando
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COBRA Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HSIN YUNG
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. DRB
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ARTEGO
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Jagruti Rubber
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Forech
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. PHOENIX CBS
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. SEMPERIT
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Wuxi Boton
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Zhejiang Double Arrow
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shandong Aneng
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. QingDao Rubber Six
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Fuxin Huanyu
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Baoding Huayue
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Zhejiang Sanwei
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
