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Conveyor Belt Market Trends

  • Report ID: GMI3267
  • Published Date: Aug 2023
  • Report Format: PDF
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Conveyor Belt Market Trends

The conveyor belt industry has observed the emergence of an important trend towards environmentally friendly and energy-efficient solutions in line with sustainability goals. This label enables conveyor belt system operators to make well-informed decisions when selecting conveyor belts, thereby reducing energy consumption. Moreover, there is a growing emphasis on modular and customizable conveyor belt solutions that offer design flexibility and easy installation. The use of lightweight and durable materials in conveyor belt construction is becoming increasingly popular, contributing to enhanced overall performance and longevity.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of conveyor belt is expected to grow at more than 3.7% CAGR between 2023 and 2032, owing to rising product adoption as a safer and more ergonomic option for material handling in industries such as manufacturing, mining, and logistics.

Stationary conveyor belt market will demonstrate a 3.5% growth rate through 2032, due to automation in various industries for efficient management of repetitive tasks, increased consistency, reduced labor costs, and overall enhanced operational efficiency.

Asia Pacific region will account for over 55% of the conveyor belt industry share, driven by rapid industrialization in countries like China and India, alongside the rise of e-commerce and urbanization, which necessitate streamlined logistics.

ContiTech AG, Bridgestone Corporation, The Yokohoma Rubber Co., Ltd., Elastomerik Belts Private Limited, Intralox, L.L.C., among others.

Conveyor Belt Market Scope

  • Conveyor Belt Market Size
  • Conveyor Belt Market Trends
  • Conveyor Belt Market Analysis
  • Conveyor Belt Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 17
    • Tables & Figures: 449
    • Countries covered: 21
    • Pages: 300
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