Conveyor Belt Materials Market

Conveyor Belt Materials Market: Gain valuable insights into the global conveyor belt materials market, including market size, growth drivers, and competitive landscape

Advanced Materials for High Strength and Durability

Category: Chemicals & Materials Published Date : Feb-23 ID: CVC-26214 Format: PDF Pages: 275

Report Highlights

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.

Key Market Trends

Eco-Friendly Conveyor Belts: Revolutionizing Material Handling

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.

Next-Generation Conveyor Belts: Advancements in Coatings and Surfaces

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.

Market Drivers

Increasing Adoption of Lightweight and High-Temperature Resistant Conveyor Belt Materials

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.

Rapid Urbanization and Infrastructure Development Propel Conveyor Belt Materials Market

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.

Segmentation Insights

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.

Most Popular (Fastest Growth Rate)  

Rubber Conveyor Belts (Automotive Industry)

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.

Most Selling (Largest Market Share)

Plastic Interlocking Belts (Food & Beverages Industries)

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.

Trending (Gaining Traction) 

Aramid Conveyor Belts (Airport 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.

Regional Insights

Growing E-commerce Industry to Propel Demand for Conveyor Belt Materials in North America

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.

Growing Manufacturing Sector to Drive Asia Pacific Conveyor Belt Materials Market

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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Report Includes

Research Scope/Taxonomy
Market Analysis by Material Used:

  • Thermoplastic
  • Aramid
  • Metal (Stainless Steel and Carbon Steel)
  • Rubber
  • Fabric
  • Leather

Market Analysis by Belt Type:

  • Filter Belts
  • Woven Metal Belts
  • Hinged Belts
  • Plastic Interlocking Belts
  • Others

Market Analysis by Weight:

  • Light Duty Conveyor Belt
  • Medium Duty Conveyor Belts
  • Heavy Duty Conveyor Belts

Market Analysis by End Use:

  • Automotive
  • Airport
  • Malls
  • Food & Beverages Industries
  • Goods Manufacturing Industries
  • Others

Analyst Credentials

Key Companies Profiled

  • Habasit
  • SRF Limted
  • Somi Conveyor Belting Ltd.
  • Wellwaij Belting
  • Du Pont
  • Shanxi Phoenix Conveyor Belt Co. Ltd.
  • Continental AG
  • Dura Belt Inc.
  • Wire Belt Company of America

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 U.S. 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 Brazil Mexico 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 Germany Italy France UK Spain Netherlands Norway Russia 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 China Japan South Korea India Indonesia Thailand Vietnam Australia & New Zealand 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 Saudi Arabia Turkey U.A.E. 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 South Africa Nigeria Egypt 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