Global Conveyor Belt Market to grow at a CAGR of 5.92% during 2017-2021 - The Bridgestone Group, ContiTech, Fenner, YOKOHAMA

A conveyor belt is a part of conveyor systems, which provides controlled movement of materials from one place to another. It consists of pulleys that keep the belt rotating with an endless loop.The basic types of conveyor belts consist of light-weight, medium-weight, and heavy-weight conveyor belts market based on the type of product conveyor belts carry.

The global conveyor belt market to grow at a CAGR of 5.92% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global conveyor belt market for 2017-2021. To calculate the market size, the report considers the revenue generated by different vendors through the sales of several types of conveyor belts, which include lightweight, medium-weight, and heavy-weight conveyor belts.

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The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Conveyor Belt Market 2017-2021, 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.

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Key vendors
- Bando Chemical Industries, Ltd.
- The Bridgestone Group
- ContiTech
- Fenner
- YOKOHAMA

Other prominent vendors
- The Chiorino Group
- GRT Rubber Technologies
- Intralox
- Volta Belting Technology Ltd.
- YongLi Group
- Omtech Food Engineering
- HIC International
- Habasit

Market driver
- Increasing demand for automation in material handling
- For a full, detailed list, view our report

Market challenge
- Storage and handling challenges of conveyor belt
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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