Press release
Global Rubber Conveyor Belt Market Expected to reach 4,237 million USD by the end of 2022
This report studies the global Rubber Conveyor Belt market status and forecast, categorizes the global Rubber Conveyor Belt market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
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.
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Viewed from the demand side, the current demand for conveyor belt product is relatively low, mainly because that many using industries like steel industry is in trouble. Of course, there is also a certain space in the conveyor belt product demand market, but basically showing the scarcity of high-end products, low-end products is excess capacity, there is a large market demand for high-end products to seize market share of imports.
Although sales of conveyor belt brought a lot of opportunities, the study group recommends the new entrants just having money without technical advantage and upstream and downstream support do not to enter the conveyor belt field.
Global Rubber Conveyor Belt market is valued at 3,723 million USD in 2016 and is expected to reach 4,237 million USD by the end of 2022, growing at a CAGR of 2.13% between 2017 and 2025.
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The major manufacturers covered in this report
ContiTech
Fenner
Bridgestone
YOKOHAMA
Bando
Trelleborg
Garlock
LUTZE
ARTEGO
Smiley Monroe
Savatech
HSIN YUNG
San Wu Rubber
Oxford Rubbers
JAGRUTI RUBBER
Shandong ContiTech
Zhejiang Double Arrow
QingDao Rubber Six
Zhejiang Sanwei
ZhongBo GongKuang Machinery
Wuxi Boton
Energy ZaoKuang
Baoding Huayue
Anhui Zhongyi
Fuxin Shuangxiang
Hebei Yichuan
JiaTong Jiaodai
Long Tape
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
Other Regions (India, Southeast Asia, Central & South America and Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Heat Resistant Conveyor Belts
Oil Resistant Conveyor Belts
Flame Resistant Belt
Cold Resistant Belt
Chemical Resistant Conveyor Belt
Other Rubber Conveyor Belt
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Agriculture industry
Manufacturing industry
Packaging industry
Mining industry
Logistics industry
Other industries
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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