Advanced Materials for High Strength and Durability
Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-26214 Format: PDF Pages: 275
According to a research survey conducted by ChemView Consulting, Conveyor Belt Materials Market is estimated to be worth US$ 4052.82 Mn in 2023. The market is expected to grow at a CAGR of 4.10 % between 2023 and 2033 to hit US$ 6057.1 Mn by 2033 end.
The conveyor belt materials market is experiencing a surge in demand for sustainable and environmentally friendly options. With a growing focus on reducing carbon footprint, companies are seeking materials that are recyclable, biodegradable, and made from renewable resources. This trend is driving innovation in the development of conveyor belt materials that have a reduced impact on the environment, while still maintaining durability and performance.
As the conveyor belt materials market continues to evolve, advancements in coatings and surface technologies are becoming a key area of focus. From anti-static coatings to enhance safety to high-performance coatings that improve durability and efficiency, new technologies are emerging that are revolutionizing the way conveyor belts operate. These coatings and surfaces are designed to reduce friction, increase resistance to wear and tear, and improve overall performance, making them an attractive option for a wide range of industries.
The demand for lightweight and high-temperature resistant conveyor belt materials is increasing across various industries, driven by the need for improved efficiency and durability. The adoption of lightweight materials such as thermoplastic and composite materials is expected to increase, as they offer improved performance and energy efficiency. Additionally, the use of high-temperature resistant materials such as silicone and polyurethane is increasing, especially in industries such as food processing and manufacturing, where high-temperature environments are common.
The rapid urbanization and infrastructure development in emerging economies are driving the growth of the conveyor belt materials market. The demand for conveyor belts is increasing in the construction industry, as they are used for transporting construction materials such as sand, gravel, and concrete. Additionally, the growth of the retail and e-commerce industry is also driving the demand for conveyor belts in warehouses and distribution centers. As a result, the sales of conveyor belt materials are expected to grow significantly in the coming years, especially in developing regions.
After conducting a thorough analysis of the Conveyor Belt Materials Market, we have identified the top three trending segments in the industry. These segments are experiencing high demand, strong market growth, and widespread adoption.
Rubber Conveyor Belts have emerged as the most popular choice in the Conveyor Belt Materials Market for the Automotive Industry. These belts are known for their durability, flexibility, and high abrasion resistance, making them ideal for conveying heavy automotive parts and components. The high-performance and reliability of rubber conveyor belts make them the preferred choice for consumers seeking efficient and long-lasting solutions in the automotive industry.
Plastic Interlocking Belts are the most selling product in the Conveyor Belt Materials Market for the Food & Beverages Industries. These belts offer excellent hygienic properties, as they are easy to clean and sanitize, making them ideal for food processing applications. The high-quality and safety of plastic interlocking belts make them the go to choice for consumers seeking reliable and effective solutions in the food and beverages industry.
Aramid Conveyor Belts are gaining significant traction in the Conveyor Belt Materials Market for the Airport Industry. These belts are made from high strength synthetic fibres, offering exceptional durability, flame resistance, and low elongation properties. The high-performance and safety of aramid conveyor belts make them the trending choice for consumers seeking reliable and effective solutions in the airport industry.
The North America conveyor belt materials market is expected to witness significant growth in the coming years due to the increasing demand from various end-use industries such as the e-commerce, automotive, and food & beverage industries. The e-commerce industry, in particular, is expected to be a major driver for the conveyor belt materials market as the industry continues to expand in North America.
The rise of e-commerce has led to an increase in demand for automation and material handling equipment, including conveyor belts. Conveyor belts are used in warehouses and distribution centers to transport goods efficiently and quickly, reducing the need for manual labor. This has led to an increased demand for conveyor belt materials, such as rubber, steel, and polyester, among others.
The Asia Pacific region is witnessing rapid growth in the manufacturing sector, which is expected to drive the demand for conveyor belt materials. The demand for conveyor belts is driven by their ability to transport heavy goods and materials efficiently and safely. The growing use of automation in the manufacturing sector has further fueled the demand for conveyor belts. This is because conveyor belts are an integral part of automated production lines. The increasing demand for conveyor belts in various industries, such as food and beverage, automotive, and mining, is expected to drive the conveyor belt materials market in the Asia Pacific region. Additionally, the growth of the e-commerce industry has led to an increase in demand for conveyor belts in logistics and warehousing applications.
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Research Scope/Taxonomy
Market Analysis by Material Used:
Market Analysis by Belt Type:
Market Analysis by Weight:
Market Analysis by End Use:
Key Companies Profiled
1.1. Global Market Snapshot
1.2. Key Success Factors
1.3. Strategic Analysis and Recommendations
2.1. Market Taxonomy
2.2. Market Definitions
3.1. Preliminary Investigation & Research Design
3.2. Secondary Research & Primary Research
3.3. Data Analysis & Econometric Modelling
3.4. Expert Data Validation
4.1. Supply-Side Trends
4.2. Demand-Side Trends
5.1. Global Market Value (US$ Mn) Analysis, 2017 – 2032
5.2. Incremental $ Opportunity Index, 2022-2032
5.3. Global Market Volume (Tons) Analysis, 2017 – 2032
6.1. Regional Level Pricing Analysis and Forecast
6.1.1. Manufacturers Level Pricing
6.1.2. Distributor Level Pricing
6.2. Global Pricing Analysis Benchmark
6.3. Cost Breakdown Analysis
7.1. Cross Analysis of Belt Type W.R.T. Material Used
8.1. Regional Supply Vs. Demand Gap Assessment
8.2. Top Producing Countries Analysis
9.1. Macroeconomic Factors
9.2. Forecast Factors
9.3. Market Dynamics
9.3.1. Driver
9.3.2. Restraint
9.3.3. Opportunity
9.4. Supply Chain Analysis
9.4.1. List Raw Material Suppliers
9.4.2. List of Manufacturers
9.4.3. List of Distributors
9.4.4. List of End-Users
9.4.5. End-Users Consumption Analysis
9.4.6. Average Profitability Margin Analysis
9.5. Covid-19 Impact Assessment
9.5.1. Economy/Cluster Projections
9.5.2. Covid-19 Economic Assessment
9.5.3. Impact on Target Market
9.5.4. Recovery Scenario
9.6. Regulatory Framework
9.6.1. Regulations of Key Countries
9.6.2. Potential Impact of Regulations
9.7. Porter’s Five Forces Analysis
9.8. Technology Landscape
10.1. Introduction
10.2. Key Market Trends
10.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Material Used [Value (US$ Mn) and Volume (Tons) Analysis]
10.3.1. Thermoplastic
10.3.2. Aramid
10.3.3. Metal (Stainless Steel and Carbon Steel)
10.3.4. Rubber
10.3.5. Fabric
10.3.6. Leather
10.4. Market Attractiveness Analysis by Material Used
11.1. Introduction
11.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Belt Type [Value (US$ Mn) and Volume (Tons) Analysis]
11.2.1. Filter Belts
11.2.2. Woven Metal Belts
11.2.3. Hinged Belts
11.2.4. Plastic Interlocking Belts
11.2.5. Others
11.3. Market Attractiveness Analysis by Belt Type
12.1. Introduction
12.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Weight [Value (US$ Mn) and Volume (Tons) Analysis]
12.2.1. Light Duty Conveyor Belt
12.2.2. Medium Duty Conveyor Belts
12.2.3. Heavy Duty Conveyor Belts
12.3. Market Attractiveness Analysis by Weight
13.1. Introduction
13.2. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By End Use [Value (US$ Mn) and Volume (Tons) Analysis]
13.2.1. Automotive
13.2.2. Airport
13.2.3. Malls
13.2.4. Food & Beverages Industries
13.2.5. Goods Manufacturing Industries
13.2.6. Others
13.3. Market Attractiveness Analysis by End Use
14.1. Introduction
14.2. Key Market Trends
14.3. Historical and Current Market (2017-2021) and Future Market Analysis (2022-2032) By Region [Value (US$ Mn) and Volume (Tons) Analysis]
14.3.1. North America
14.3.2. Latin America
14.3.3. Europe
14.3.4. Asia-Pacific
14.3.5. Middle East
14.3.6. Africa
14.4. Market Attractiveness Analysis by Region
15.1. Introduction
15.2. Key Market Trends
15.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
15.3.1. By Country
15.3.1.1. U.S.
15.3.1.2. Canada
15.3.2. By Material Used
15.3.3. By Belt Type
15.3.4. By Weight
15.3.5. By End Use
15.4. Market Attractiveness Analysis
15.4.1. By Country
15.4.2. By Material Used
15.4.3. By Belt Type
15.4.4. By Weight
15.4.5. By End Use
16.1. Introduction
16.2. Key Market Trends
16.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
16.3.1. By Country
16.3.1.1. Brazil
16.3.1.2. Mexico
16.3.1.3. Rest of Latin America
16.3.2. By Material Used
16.3.3. By Belt Type
16.3.4. By Weight
16.3.5. By End Use
16.4. Market Attractiveness Analysis
16.4.1. By Country
16.4.2. By Material Used
16.4.3. By Belt Type
16.4.4. By Weight
16.4.5. By End Use
17.1. Introduction
17.2. Key Market Trends
17.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
17.3.1. By Country
17.3.1.1. Germany
17.3.1.2. Italy
17.3.1.3. France
17.3.1.4. UK
17.3.1.5. Spain
17.3.1.6. Netherlands
17.3.1.7. Norway
17.3.1.8. Russia
17.3.1.9. Rest of Europe
17.3.2. By Material Used
17.3.3. By Belt Type
17.3.4. By Weight
17.3.5. By End Use
17.4. Market Attractiveness Analysis
17.4.1. By Country
17.4.2. By Material Used
17.4.3. By Belt Type
17.4.4. By Weight
17.4.5. By End Use
17.4.6. By Material Used
17.4.7. By Belt Type
18.1. Introduction
18.2. Key Market Trends
18.3. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
18.3.1. By Country
18.3.1.1. China
18.3.1.2. Japan
18.3.1.3. South Korea
18.3.1.4. India
18.3.1.5. Indonesia
18.3.1.6. Thailand
18.3.1.7. Vietnam
18.3.1.8. Australia & New Zealand
18.3.1.9. Rest of Asia-Pacific
18.3.2. By Material Used
18.3.3. By Belt Type
18.3.4. By Weight
18.3.5. By End Use
18.4. Market Attractiveness Analysis
18.4.1. By Country
18.4.2. By Material Used
18.4.3. By Belt Type
18.4.4. By Weight
18.4.5. By End Use
19.1. Introduction
19.2. Key Market Trends
19.3. Pricing Analysis
19.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
19.4.1. By Country
19.4.1.1. Saudi Arabia
19.4.1.2. Turkey
19.4.1.3. U.A.E.
19.4.1.4. Rest of the Middle East
19.4.2. By Material Used
19.4.3. By Belt Type
19.4.4. By Weight
19.4.5. By End Use
19.5. Market Attractiveness Analysis
19.5.1. By Country
19.5.2. By Material Used
19.5.3. By Belt Type
19.5.4. By Weight
19.5.5. By End Use
20.1. Introduction
20.2. Key Market Trends
20.3. Pricing Analysis
20.4. Historical and Current Market Size (2017-2021) and Future Market Size Analysis (2022-2032) [Value (US$ Mn) and Volume (Tons) Analysis]
20.4.1. By Country
20.4.1.1. South Africa
20.4.1.2. Nigeria
20.4.1.3. Egypt
20.4.1.4. Rest of Africa
20.4.2. By Material Used
20.4.3. By Belt Type
20.4.4. By Weight
20.4.5. By End Use
20.5. Market Attractiveness Analysis
20.5.1. By Country
20.5.2. By Material Used
20.5.3. By Belt Type
20.5.4. By Weight
20.5.5. By End Use
21.1. Tier Structure Breakdown
21.2. Market Share Analysis
21.3. Production Capacity Analysis
21.4. Company Footprint Analysis
21.4.1. Product Footprint of Players
21.4.2. Regional Footprint of Players
21.4.3. Channel Footprint of Players
21.5. Brand Preference Analysis
21.6. Competition Dashboard
22.1. Habasit
22.1.1. Company Overview
22.1.2. Product & Financial Portfolio
22.1.3. Manufacturing Facilities
22.1.4. Recent Developments
22.1.5. SWOT Analysis
22.1.6. Strategy Overview
22.2. SRF Limted
22.3. Somi Conveyor Belting Ltd.
22.4. Wellwaij Belting
22.5. Du Pont
22.6. Shanxi Phoenix Conveyor Belt Co. Ltd.
22.7. Continental AG
22.8. Dura Belt Inc.
22.9. Wire Belt Company of America