Press release
India Conveyor Belt Market 2022-27: Trends, Size, Share, Analysis and Demand
According to the latest report by IMARC Group, titled "India Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," The India conveyor belt market size reached US$ 471.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 673.9 Million by 2027, exhibiting a growth rate (CAGR) of 5.8% during 2022-2027.Industry Definition and Application:
A conveyor belt is a mechanical strip that is used to move things in a variety of material handling activities. Controlling the product movement allows it to transport things in a straight line or across varied elevation angles or orientations. They are produced from polyvinyl chloride and a variety of other materials, including styrene-butadiene rubber, thermoplastics, nylon, polyesters, and so on. These belts are cost-effective, fire-resistant, and easy to use, and are widely used in a variety of industries, including chemical, manufacturing, aviation, and mining.
Download free sample brochure: https://www.imarcgroup.com/india-conveyor-belt-market/requestsample
India Conveyor Belt Market Trends and Drivers:
The India conveyor belt market is primarily driven by rising industrialization levels and expanding infrastructure building activities. Aside from that, they are gaining popularity in the mining industry for transporting ores, concentrates, tailings, and other materials throughout the mining cycle. Furthermore, various product advancements, such as the creation of textile-reinforced and steel cord-reinforced belts, are propelling market expansion. Furthermore, the growing integration of the Industrial Internet of Things (IIoT) with connected devices for enhanced operational efficiency, profitability, safety, and so on is a growth driver. Aside from that, rising product utilization in aircraft compartments for baggage handling and cargo transport, as well as in automobile manufacturing facilities for moving massive engines, vehicles, trucks, and so on, is predicted to propel the India conveyor market.
Report Segmentation:
The report has segmented the market on the basis on region, type, end use.
Breakup by Type:
Medium-Weight Conveyor Belt
Light-Weight Conveyor Belt
Heavy-Weight Conveyor Belt
Breakup by End Use:
Mining and Metallurgy
Manufacturing
Chemicals, Oils and Gases
Aviation
Others
Breakup by Region:
North India
West and Central India
South India
East India
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-conveyor-belt-market
Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Report by IMARC Group:
GCC Diaper Market Report: https://www.imarcgroup.com/gcc-diaper-market
Europe Diaper Market Report: https://www.imarcgroup.com/europe-diaper-market
Latin America Diaper Market Report: https://www.imarcgroup.com/latin-america-diaper-market
United States Diaper Market Report: https://www.imarcgroup.com/united-states-diaper-market
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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