Press release
Conveyor Belt Market in China 2016 to grow at a CAGR of 5.73% during the period to 2020
Conveyor belts are used for the transportation of solid materials. Their main application lies in connecting assembly lines to the final inspection and packing lines. The belt moves over pulleys that are at fixed positions, aiding the transport of materials horizontally or along an inclined slope. Owing to their versatility, light weight, and cost-effectiveness, conveyor belts are the most widely used mechanical handling equipment.
The conveyor belt system consists of the following key components:
• Belt
• Idlers
• Pulleys
• Belt cleaners
• Continuous weighing devices
• Discharging chutes
• Surge hoppers
Conveyor belt market in China to grow at a CAGR of 5.73% during the period 2016-2020.
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Covered in this report
The report covers the present scenario and the growth prospects of the conveyor belt market in China for the period 2016-2020. To calculate the market size, the report takes into account the total revenue generated by the manufacturers from the sales of conveyor belts in China.
The market is divided into the following segments based on types:
• PVC conveyor belts
• PU conveyor belts
• Teflon-coated conveyor belts
Conveyor Belt Market in China 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Bando Chemical Industries
• Bridgestone
• ContiTech
• Habasit
• QingDao Rubber Six Conveyor Belt
• Zhejiang Double Arrow Rubber
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Other prominent vendors
• Ammeraal Beltech
• Anhui Zhongyi Rubber Belts
• Baoding Huayue Rubber Belts
• Chiorino
• Fuxin Shuangxiang
• GRT Rubber Technologies
• Hsin Yung Chien
• Hebei Yichuan Conveyor Belt Group
• Intralox
• Jiangyin TianGuang Technology
• Wuxi Lianda Conveyor Belt
• Märtens
• Mitsuboshi Belting
• Nitta
• Veyance Technologies (Continental)
• Volta Belting
• Wuxi Boton Belt
• YOKOHAMA
• YongLi
Market driver
• Rising demand from power, mining, and manufacturing industries
• For a full, detailed list, view our report
Market challenge
• Technical problems
• For a full, detailed list, view our report
Market trend
• Environmentally friendly conveyor belt
• For a full, detailed list, view our report
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