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Modular belt drive Market Analysis, Segments, Growth and Value Chain by 2025
Modular belts carry high load capacities and are most preferred belt as compared to flat belts. The modular belt is preferred and ideal for the food and beverage industries as it can be easily cleaned and sanitized. It is an aggregation of plastic modules connected by the lateral rods. It facilitates the users to convey and clean the products efficiently. The modular belt drive is the drive which creates motion for the belt and thus is used to transfer the items or objects from one point to other.
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The global modular belt drive market is majorly driven by the modular belt manufacturing companies. These companies due to wide industrial applications in food, beverage, pharmaceuticals, and logistics favors the overall market of modular belt drive. Belt drives are simple and economical to use and do not need any parallel shafts. It facilitates the user to avoid jam or any overload of the products over the belt.
Modular belt drive helps to increase plant efficiency and reduce manufacturing costs incurred due to plant downtime. All these factors propel the global modular belt market which led to driving global modular belt drive market in the forecast period. Moreover, the maintenance cost for the belt drive are low and thus are economical.
It is highly efficient and can be cleaned and sanitized easily and so are in demand in food, beverage and pharmaceutical industries. The government regulations and policies about the hygiene and cleaning of the equipment used in food, pharmaceutical, and beverage industries fuel the demand for the modular belt drive market. It is thus expected to gain traction and attain significant CAGR during the forecast period 2017-2027.
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However, angular velocity can’t remain constant due to stretching and slipping of the belt. The operating temperature for the belt drive should be constant thus it restricts the temperature parameter of the process. Few technical adjustment of the pulley and other belt components are to be made for wearing and stretching of the modular belt. These factors affect the global modular belt drive market in the forecast period.
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