Conveyer belts are primarily employed for carrying objects, from one point to another. The belts typically comprise two or more pulleys to rotate a belt in continuous circles. The material to be transported in placed on the belt and is carried to the end point on the belt. Commonly, two pulleys are employed for functioning of one conveyor belt one of the pulleys is rotated and it drives the other pulley while it is rotating. The belts are generally used for transportation in close distances, generally within a building.
This report contains market size and forecasts of Conveyor Belts in global, including the following market information:
Global Conveyor Belts Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Conveyor Belts Market Sales, 2017-2022, 2023-2028, (K sqm)
Global top five Conveyor Belts companies in 2021 (%)
The global Conveyor Belts market was valued at 8703.9 million in 2021 and is projected to reach US$ 10270 million by 2028, at a CAGR of 2.4% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Heavy weight Conveyer Belt Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Conveyor Belts include Continental AG, Bridgestone, Habasit, Ammeraal Beltech, Forbo Movement Systems, Fenner, Yokohama, Intralox and Zhejiang Double Arrow, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Conveyor Belts manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Conveyor Belts Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Conveyor Belts Market Segment Percentages, by Type, 2021 (%)
Heavy weight Conveyer Belt
Light Weight Conveyer Belt
Global Conveyor Belts Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Conveyor Belts Market Segment Percentages, by Application, 2021 (%)
Mining
Industrial
Food Production Industrial
Agriculture
Logistics or warehousing
Construction
Other
Global Conveyor Belts Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K sqm)
Global Conveyor Belts Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Conveyor Belts revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Conveyor Belts revenues share in global market, 2021 (%)
Key companies Conveyor Belts sales in global market, 2017-2022 (Estimated), (K sqm)
Key companies Conveyor Belts sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Continental AG
Bridgestone
Habasit
Ammeraal Beltech
Forbo Movement Systems
Fenner
Yokohama
Intralox
Zhejiang Double Arrow
Bando
Mitsuboshi Belting
Baoding Huayue
Zhejiang Sanwei
YongLi
Shandong Phoebus
Wuxi Boton
Zhangjiagang Huashen
HSIN YUNG
Fuxin Shuangxiang
Anhui Zhongyi
QingDao Rubber Six
Hebei Yichuan
Smiley Monroe