Press release
What are the growth driving factors in conveyor belt market from 2020 to 2025; key players are Bridgestone Corporation, Fenner Group Holdings Ltd., ContiTech AG, Zhejiang Double Arrow Rubber Co. Ltd.
conveyor belt market
The product has been proven as the most resourceful way in reducing labor cost, operational time and material losses. According to the European Cement Association (CEMBUREAU), the global cement production accounted for 4.65 billion tons in 2016 and China, India are holding the major share in this, due to several ongoing infrastructure development projects to cater the need of rising population. The above mentioned trends will bolster the conveyor belt market demand by 2025.
Request for a sample copy of this report @
https://www.decresearch.com/request-sample/detail/3267
Conveyor belts are susceptible to mechanical damages, abrasive wear, loss of flexibility, etc. due to continuous operation and thus they need proper inspection and maintenance which increases the maintenance cost. This might act as a restrain for the conveyor belt market growth in future.
Based on product, the conveyor belt market is categorized into metal, polymers and others. The metal and polymers are the majorly used in various industrial applications and besides this cotton, leather, fiber glass is also used. Polymers segment will show CAGR of around 3.5% over forecast timeframe due to significant demand of better and fast material handling solutions in manufacturing sector.
On the basis of volume, modular belts have shown CAGR of over 3.4% in coming years as these belts are majorly utilized in food & beverage sector. Rising population coupled with increasing employability of women in developing nations has developed the demand of processed food, catapulting the overall product demand in coming years.
Make an inquiry for purchasing this report @
https://www.decresearch.com/inquiry-before-buying/3267
Stationary and portable are the two types of conveyor belts on the basis of installation. Portable segment shows growth rate of around 4% due to their application in construction projects, as rescue conveyor systems, etc. The product has lower market share due limited applications.
Based on application, the market is bifurcated into light, medium and heavy weight. Medium weight belts hold substantial volume share of over 45% in the entire segment and show the positive growth in future due to its substantial applications across all end use industries. Medium weight conveyor belts are used for sand and gravel, waste and recycling plants, steel & iron industry, cement manufacturing, foundries, submerged ash handling, glass works, etc.
On the basis of region, Asia Pacific holds substantial share in the entire conveyor belt market owing to significant presence of the end user industries such as mining, power generation, general manufacturing, recycling, etc. The region also shows annual growth rate more than 4% in future.
Browse more info @ https://www.prnewswire.com/news-releases/conveyor-belt-market-share-to-hit-5bn-by-2025-global-market-insights-inc-300843103.html
Some of the prominent players in the conveyor belt market are Bridgestone Corporation, Ammeraal Beltech, Sempertrans Conveyor Belt Solutions, Bando chemicals, Fenner Dunlop, The Yokohama Rubber, Zhejiang Double Arrow Rubber, Nitta Corporation, etc.
Contact Us:
DEC Research,
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: info@decresearch.com
About DEC Research:
DecResearch.com, powered by Global Market Insights, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What are the growth driving factors in conveyor belt market from 2020 to 2025; key players are Bridgestone Corporation, Fenner Group Holdings Ltd., ContiTech AG, Zhejiang Double Arrow Rubber Co. Ltd. here
News-ID: 2061954 • Views: …
More Releases from Global Market Insight, Inc
Inhalation Anesthesia Market Projections 2025 | Abbott, Baxter International, Ha …
Global inhalation anesthesia market is poised to gain massive momentum over the forecast period of 2019 to 2025. This can be credited to the significant rise in product adoption primarily driven by increasing surgical procedures related to respiratory, neurological and chronic disorders. Additionally, supportive reimbursement scenario across developed countries and availability of several insurance schemes for quick and affordable surgical procedures will increase the application of inhalational anesthetics, thereby supporting…
Health Insurance Market Trends 2025 | Aetna, Blue Cross Blue Shield Companies, C …
Regular occurrences of long-term diseases will bolster the health insurance industry trends in the next few years. This rise can be attributed to the changing dietary habits, lack of physical activities, poor nutrition, excessive alcohol use, and tobacco consumption.
Various Government-backed initiatives by several programs like State Children's Health Insurance Program, Medicaid, Life programs, Department of Defense, TRICARE are employed to provide health insurance policies. Centers for Medicare & Medicaid…
Ambulance Services Market Outlook 2021-2026 | Acadian Ambulance Service, BVG Ind …
The global ambulance services market is estimated to foresee momentous growth through the forthcoming time period owing to an upsurge in road accidents. Additionally, the growing prevalence of chronic diseases and increasing medical tourism trend is further slated to augment the overall market size through 2026.
Additionally, the introduction of new ambulance models and launch of new technologies that focus on the enhancement of ambulatory care is likely to proliferate…
Biosimilars Market Forecast 2025 | Amgen, Biocon, Biogen, Boehringer Ingelheim, …
Touted to be an intrinsic sub-vertical of healthcare and medical devices industry, biosimilars market is poised to record phenomenal gains in the upcoming years owing to the fact that these play a pivotal role in augmenting public health issue by addressing the customer needs to a much larger extent. Numerous reports suggest that biosimilars would result in overall potential savings of nearly USD 100 billion by the end of 2020,…
More Releases for Belt
Belt Conveyor | Inclined Belt Conveyor | Flat Belt Conveyor - Technovision
General:
We specialize in manufacturing qualitative range of Belt Conveyor which find wide application in various fields to move diverse unit loads & bulk materials. Our conveyors are highly in demand in mining operation, foundries, bagasse handling in co-generation plants granaries, coal handling plants, bag handling in sugar godowns and packing industries. They are used in handling loads from one location to another within the process in line production. The Belt…
Belt Tensioners Market Report 2018: Segmentation by Type (Engine Belt Tensioner, …
Global Belt Tensioners market research report provides company profile for Toolee Industrial, Nozag AG, NTN, Dayco, Gates Europe, Mubea, Tsubakimoto, KMC Automotive, Pricol Limited, Madler GmbH and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,…
Seatbelt Retractors Market Report 2018: Segmentation by Type (Belt-In-Seat, Six- …
Global Seatbelt Retractors market research report provides company profile for Takata, Joyson Safety Systems, Robert Bosch, Denso, Continental, Tokai Rika, Autoliv, Hyundai Mobis, TRW Automotive, Toyoda Gosei and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to…
Active Seatbelt Market Report 2018: Segmentation by Type (Belt-In-Seat, Six-Poin …
Global Active Seatbelt market research report provides company profile for Special Devices, Far Europe, HYUNDAI MOBIS, ITW Safety, Iron Force Industrial, Autoliv, Tokai Rika, Bosch, Takata Corporation, DENSO and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018…
Belt Tension Meter Market Report 2018: Segmentation by Product (V belt, Flat bel …
Global Belt Tension Meter market research report provides company profile for HAAG-STREIT, Nidek, Icare, Kowa, Tomey, Keeler, Reichert, TOPCON and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation…
Six Sigma Green Belt | Six Sigma Green Belt Training
Green Belts are people that work on basic process improvement projects. Customarily, their activity would require less than 50% of their time be centered around Six Sigma ventures. Be that as it may, Green Belt parts and jobs prerequisites will fluctuate between organizations.
Six Sigma San Antonio https://www.6sigma.us/six-sigma-san-antonio-tx.php
A Green Belt certification is perfect for those that will be entrusted with enhancing existing procedures, these could be forms that are not…
