Market Overview:
The global steel cord conveyor 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 conveyor belts from various end-use industries, such as port, mining industry, cement industry, metallurgical and steel industry, and others. Steel cord conveyor belts are used in various applications owing to their properties such as high strength-to-weight ratio, abrasion resistance, and durability. These belts are also available in different types such as common type, anti-tear type high temperature type and others which cater to specific needs of different end users.
Product Definition:
A steel cord conveyor belt is a conveyor belt that has a carcass made from multiple steel cords, as opposed to traditional rubber belts. Steel cord belts are often used in applications where rubber belts would fail, such as high-temperature or corrosive environments.
Common Type:
The common type is the most widely used material in the industry. It has a wide range of applications and can be utilized for various conveyor belt products such as flat, corrugated, wound and tubular belts. The growth factor for this segment is primarily driven by growing demand from end-user industries including food & beverages, mining & metals, chemicals & pharmaceuticals and paper manufacturing among others.
Anti-tear Type:
Anti-tear type is a material that reduces or eliminates the tearing of the conveyor belt. Anti-tear materials are applied to either side of the conveyor belt and then it is rolled over. As it rolls over, pressure is applied in one continuous movement on both sides which prevents any further pieces from separating from the belt.
Application Insights:
The application segment includes steel cord conveyor belts for cement industry, mining industry, port and others. The other applications include food and dairy processing plants, chemical plants and pharmaceutical industries. In 2017, the port application dominated the global market with over 40% of revenue share owing to increased demand for efficient transportation systems in ports to handle increasing volumes of imports & exports.
The mining industry is anticipated to be one of the fastest-growing segments over the forecast period due to rising demand from various sectors including construction materials and energy generation. Steel cord conveyor belts are used in coal mines for moving coal from surface mines into waiting trains at depth levels or on a slope where conventional locomotives cannot operate effectively.
Regional Analysis:
Asia Pacific dominated the global steel cord conveyor belt market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-use industries such as cement, metallurgy, mining, and others. In addition, rapid industrialization coupled with growing infrastructure activities in emerging economies such as China and India are anticipated to fuel product demand over the next eight years.
The presence of major manufacturers including Shandong Tianzhan Iron & Steel Co., Ltd.; Nanshanri New Materials Technology Co., Ltd.; SINOPEC; Sinowise Machinery (Shanghai) Corporation Limited; Shanghai Xuyang Heavy Industrial Equipment Manufacturing Co., Ltd.; Foton Motor Group Company Limited; Ningde city JV between Philippines and Japan has increased production capacity for conveyor belts across Asia Pacific region.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of steel cord conveyor belts in developing countries
- Rising investments in research and development activities by leading players to develop new products
- Proliferation of e-commerce businesses that require efficient material handling solutions
- Growing awareness about the benefits of using steel cord conveyor belts among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Cord Conveyor Belt Market Research Report
By Type
Common Type, Anti-tear Type, High Temperature Type, Others
By Application
Port, Mining Industry, Cement Industry, Metallurgical and Steel, Others
By Companies
Bridgestone, Bando, Yokohama, Mitsuboshi, DRB
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Steel Cord Conveyor Belt Market Report Segments:
The global Steel Cord Conveyor Belt market is segmented on the basis of:
Types
Common Type, Anti-tear Type, High Temperature Type, 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
Port, Mining Industry, Cement Industry, Metallurgical and Steel, 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:
- Bridgestone
- Bando
- Yokohama
- Mitsuboshi
- DRB
Highlights of The Steel Cord Conveyor 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:
- Common Type
- Anti-tear Type
- High Temperature Type
- Others
- By Application:
- Port
- Mining Industry
- Cement Industry
- Metallurgical and Steel
- 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 Steel Cord Conveyor 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
- 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?
A steel cord conveyor 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 to move large amounts of materials quickly and efficiently.
Some of the major companies in the steel cord conveyor belt market are Bridgestone, Bando, Yokohama, Mitsuboshi, DRB.
The steel cord conveyor belt 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. Steel Cord Conveyor 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 Conveyor 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 Conveyor Belt Market - Supply Chain
4.5. Global Steel Cord Conveyor Belt Market Forecast
4.5.1. Steel Cord Conveyor Belt Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Cord Conveyor Belt Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Cord Conveyor Belt Market Absolute $ Opportunity
5. Global Steel Cord Conveyor 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 Conveyor Belt Market Size and Volume Forecast by Type
5.3.1. Common Type
5.3.2. Anti-tear Type
5.3.3. High Temperature Type
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Cord Conveyor 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 Conveyor Belt Market Size and Volume Forecast by Application
6.3.1. Port
6.3.2. Mining Industry
6.3.3. Cement Industry
6.3.4. Metallurgical and Steel
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Cord Conveyor 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 Conveyor 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 Conveyor 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 Conveyor 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 Conveyor Belt Demand Share Forecast, 2019-2026
9. North America Steel Cord Conveyor 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 Conveyor 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 Conveyor Belt Market Size and Volume Forecast by Application
9.4.1. Port
9.4.2. Mining Industry
9.4.3. Cement Industry
9.4.4. Metallurgical and Steel
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 Steel Cord Conveyor Belt Market Size and Volume Forecast by Type
9.7.1. Common Type
9.7.2. Anti-tear Type
9.7.3. High Temperature Type
9.7.4. 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 Steel Cord Conveyor Belt Demand Share Forecast, 2019-2026
10. Latin America Steel Cord Conveyor 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 Conveyor 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 Conveyor Belt Market Size and Volume Forecast by Application
10.4.1. Port
10.4.2. Mining Industry
10.4.3. Cement Industry
10.4.4. Metallurgical and Steel
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 Steel Cord Conveyor Belt Market Size and Volume Forecast by Type
10.7.1. Common Type
10.7.2. Anti-tear Type
10.7.3. High Temperature Type
10.7.4. 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 Steel Cord Conveyor Belt Demand Share Forecast, 2019-2026
11. Europe Steel Cord Conveyor 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 Conveyor 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 Conveyor Belt Market Size and Volume Forecast by Application
11.4.1. Port
11.4.2. Mining Industry
11.4.3. Cement Industry
11.4.4. Metallurgical and Steel
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 Steel Cord Conveyor Belt Market Size and Volume Forecast by Type
11.7.1. Common Type
11.7.2. Anti-tear Type 11.7.3. High Temperature Type
11.7.4. 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 Steel Cord Conveyor Belt Demand Share, 2019-2026
12. Asia Pacific Steel Cord Conveyor 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 Conveyor 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 Conveyor Belt Market Size and Volume Forecast by Application
12.4.1. Port
12.4.2. Mining Industry
12.4.3. Cement Industry
12.4.4. Metallurgical and Steel
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 Steel Cord Conveyor Belt Market Size and Volume Forecast by Type
12.7.1. Common Type
12.7.2. Anti-tear Type
12.7.3. High Temperature Type
12.7.4. 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 Steel Cord Conveyor Belt Demand Share, 2019-2026
13. Middle East & Africa Steel Cord Conveyor 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 Conveyor 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 Conveyor Belt Market Size and Volume Forecast by Application
13.4.1. Port
13.4.2. Mining Industry
13.4.3. Cement Industry
13.4.4. Metallurgical and Steel
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 Steel Cord Conveyor Belt Market Size and Volume Forecast by Type
13.7.1. Common Type
13.7.2. Anti-tear Type
13.7.3. High Temperature Type
13.7.4. 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 Steel Cord Conveyor Belt Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Cord Conveyor Belt Market: Market Share Analysis
14.2. Steel Cord Conveyor Belt Distributors and Customers
14.3. Steel Cord Conveyor Belt Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bridgestone
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bando
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Yokohama
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitsuboshi
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DRB
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
