Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Steel Cord Conveyor Belt Market by Type (Common Type, Anti-tear Type, High Temperature Type, Others), By Application (Port, Mining Industry, Cement Industry, Metallurgical and Steel, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Steel Cord Conveyor Belt Market by Type (Common Type, Anti-tear Type, High Temperature Type, Others), By Application (Port, Mining Industry, Cement Industry, Metallurgical and Steel, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 159116 3300 Machinery & Equipment 377 235 Pages 4.6 (31)

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.

Global Steel Cord Conveyor Belt Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Bridgestone
  2. Bando
  3. Yokohama
  4. Mitsuboshi
  5. DRB

Global Steel Cord Conveyor Belt Market Overview

Highlights of The Steel Cord Conveyor Belt Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Common Type
    2. Anti-tear Type
    3. High Temperature Type
    4. Others
  1. By Application:

    1. Port
    2. Mining Industry
    3. Cement Industry
    4. Metallurgical and Steel
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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:

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Global Steel Cord Conveyor Belt Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. Bando Overview Financials Developments Strategic Outlook
      14.4.3. Yokohama Overview Financials Developments Strategic Outlook
      14.4.4. Mitsuboshi Overview Financials Developments Strategic Outlook
      14.4.5. DRB Overview Financials Developments Strategic Outlook
      14.4.6. COMPANY6 Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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