Conveyor Belt Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027
The Conveyor Belts market was valued at USD 4.2 billion in 2018 and is expected to reach USD 54.8 billion by 2026, growing at a CAGR of 3% from 2021 to 2027.
Emerging industrial development activities and rapid urbanization and infrastructure development projects in emerging economies are the major factors that are expected to boost the market growth. Additionally, the growth of the aviation industry and e-commerce is driving the demand for the conveyor belt market. The Global Conveyor Belt Market report provides a holistic assessment of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that play a vital role in the market.
The major players in the conveyor belt market include Bando Chemicals, Zhejiang Double Arrow Rubber, ContiTech AG, Fenner DunlopForbo, Nitta Corporation, Bridgestone Corporation, Ammeraal Beltech, The Yokohama Rubber, and Sempertrans.
Conveyor Belt Market- Segmentation
By Material
- Metal
- Polymer
- Others
By Product
- Flat Belt
- Modular Belt
- Cleated Belt
By End-User
- Mining
- Food & Beverage
- Power Generation
- Recycling
- Others
Key Questions Answered by Conveyor Belt Market Report
- What was the Conveyor Belt Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Conveyor Belt Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Conveyor Belt Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment SegmentGeographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report will be delivered within 48-72 hours after payment confirmation