This report studies the Rubber Conveyor Belt market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
The conveyor belt is an endless band that transfers the material conveyed between two points. A conveyor belt is comprised of a reinforced member, or carcass, and a protective covering. Conveyor belts are generally a composite of rubber or some elastomer such as PVC and fabric or some other reinforcement. The elastomer is the external covering which provides wear ability and protection from the handling environment. The fabric carcass internally serves as the strength bearing member for supporting the load and to control stretching of the belt.
Viewed from the demand side, the current demand for conveyor belt product is relatively low, mainly because that many using industries like steel industry is in trouble. Of course, there is also a certain space in the conveyor belt product demand market, but basically showing the scarcity of high-end products, low-end products is excess capacity, there is a large market demand for high-end products to seize market share of imports.
Although sales of conveyor belt brought a lot of opportunities, the study group recommends the new entrants just having money without technical advantage and upstream and downstream support do not to enter the conveyor belt field.
A conveyor belt is the carrying medium of a belt conveyor system (often shortened to belt conveyor). This report mainly focuses on the Rubber Conveyor Belt. The covering material of Rubber Conveyor Belt mainly used rubber and the skeleton material is nylon, Polyester, cotton and steel wire etc. Rubber Conveyor Belt are widely used in steel, coal, cement, electricity, ports, mining, building materials and other industries.
Global Rubber Conveyor Belt market is valued at 3,723 million USD in 2016 and is expected to reach 4,237 million USD by the end of 2022, growing at a CAGR of 2.13% between 2017 and 2025.
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Global demand for rubber conveyor belt is profoundly dependent on increase in industrial investments in a region. Therefore, macroeconomic factors such as GDP growth are among major growth drivers for conveyor belt market. APAC dominates the global demand market for Rubber Conveyor Belt and the trend is anticipated to continue for a foreseeable future. Increasing industrial investment in India and China has been among foremost factor driving demand for conveyor belt in Asia Pacific. China takes the revenue market share of 28.52% in 2016, and is forecast to reach 29.35% by the end of 2022.
The leading players include following list:
Zhejiang Double Arrow
QingDao Rubber Six
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