The Conveyor belt is an endless band that transfers the material conveyed between two points. A conveyor belt is comprised of a reinforced member, or carcass, and a protective covering. Conveyor belts are generally a composite of rubber or some elastomer such as PVC and fabric or some other reinforcement. The elastomer is the external covering which provides wear ability and protection from the handling environment. The fabric carcass internally serves as the strength bearing member for supporting the load and to control stretching of the belt.
This report contains market size and forecasts of Conveyor and Drive Belt in Global, including the following market information:
Global Conveyor and Drive Belt Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Conveyor and Drive Belt market was valued at 14690 million in 2021 and is projected to reach US$ 17450 million by 2028, at a CAGR of 2.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Conveyor Belt Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Conveyor and Drive Belt include ContiTech AG, Gates, Partners Group, Habasit, Mitsuboshi, Intralox, Forbo Movement Systems, Bando Chemical Industries, Ltd. and Nitta, 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 and Drive Belt companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Conveyor and Drive Belt Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Conveyor and Drive Belt Market Segment Percentages, by Type, 2021 (%)
Conveyor Belt
Drive Belt
Global Conveyor and Drive Belt Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Conveyor and Drive Belt Market Segment Percentages, by Application, 2021 (%)
Mining
Industrial
Logistics(Warehousing)
Automotive
Others
Global Conveyor and Drive Belt Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Conveyor and Drive Belt 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 and Drive Belt revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Conveyor and Drive Belt revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ContiTech AG
Gates
Partners Group
Habasit
Mitsuboshi
Intralox
Forbo Movement Systems
Bando Chemical Industries, Ltd.
Nitta
Dayco
SANLUX
YongLi
CHIORINO
Wuxi Shun Sheng
Jiangyin TianGuang
Sparks
Esbelt
Volta Belting
MärtensTransportbänder