Press release
Key regions, sales, revenue, market share and growth rate of the global Conveyor and Drive Belt Market during forecast period 2018-2025
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.As international economic situation is complicated, in the next few years there will be many uncertainties although. Due to the government’ policy and the high production of Conveyor and Drive Belt in the international market, the current demand for Conveyor and Drive Belt product is relatively high in the mature market, such as Japan, EU, US and China.
In 2015, the global production of the Conveyor and Drive Belt reaches over 20333 10k sq.m, and the growth rate is around 8% during the last five years. And we estimate the growth rate will be stable in the following years.
Habasit, Ammeraal Beltech and Forbo-Siegling are the leading players in the industry. And these companies occupied about 27.3% market share in 2015.
Not as heavy conveyor belt, Conveyor and Drive Belt is mainly produced in developed areas like EU, NA and Japan. Also, the advanced technologies are mainly seized by large companies.
Although sales of Conveyor and Drive Belt brought a lot of opportunities, the industry barrier is rather high. Therefore, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the Conveyor and Drive Belt field hastily.
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This report studies the global Conveyor and Drive Belt market status and forecast, categorizes the global Conveyor and Drive 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 global Conveyor and Drive Belt market is valued at 6140 million US$ in 2017 and will reach 8280 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2018-2025.
The major manufacturers covered in this report
Habasit
Ammeraal Beltech
Forbo-Siegling
Sampla
Intralox
Volta Belting
Derco
Veyance Technologies
Esbelt
Bando
Mitsuboshi
Nitta
MARTENS
CHIORINO
Sparks
YongLi
Wuxi Shun Sheng
Beltar
LIAN DA
Jiangyin TianGuang
Shanghai Beiwen
Gates
Dayco
SANLUX
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
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
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Description
Feature
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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
Civil Application
Industrial Application
Other Applications
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