
Global Rubber Conveyor Belt Market Analysis & Trends - Industry Forecast to 2030
Description
Global Rubber Conveyor Belt Market Analysis & Trends - Industry Forecast to 2030
Rubber Conveyor Belt: Market Size
From $4.31 billion in 2024, the global Rubber Conveyor Belt market is projected to reach $6.15 billion by 2030. Based on our analysis the market is expected to grow at a CAGR of 6.1% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include growing demand for construction materials, expanding mining industry, and rising demand for power generation.
Global Rubber Conveyor Belt Market: Market Dynamics
Rubber conveyor belt producers are developing methods to boost efficiency and enhance their overall performance. This move will encourage rubber conveyor belt manufacturers to directly supply to the construction, power generation, and other end-use segments, followed by investments in research activities to improve the performance of rubber conveyor belts. High flexibility, lightweight environment, and low-cost efficiency have made transport belts very popular in various industries. In addition, positive growth in the steel processing industry augmented with the fame of rubber-made conveyor belts for heavy equipment is an important trend. Rising production & sales of cement, metals, and power will further drive the rubber conveyor belt market growth. In addition to this, there have been significant developments in terms of overhauling or improvement of the domestic infrastructure and other construction activities across the globe. This too has helped in the development of the global rubber conveyor belt market as these belts help in transporting materials from one place to another with ease.
On the other hand, the high maintenance costs in the heavy lifting industry and high cost of investment are likely to obstruct the profit boundaries. In addition, growing convenience of using rubber conveyor belts for transport and growing establishments of power generation plants will further boost for the rubber conveyor belt market.
Impact of COVID-19 on Rubber Conveyor Belt
The COVID-19 pandemic has considerably impacted the rubber conveyor belt market in 2020 & 2021 due to shortage of raw materials and forced lockdowns. Moreover, most of the mining processes, metal processing, and other manufacturing plants were shut down leading to unprecedented supply shortages. The pandemic has slowed down the industry owing to lockdowns across various Asian countries. Despite the forced lockdowns, the e-commerce market observed prominent growth as it needs rubber conveyor belts for the transportation of goods in warehouses, which is likely to positively influence the industry statistics.
By Material
Textile Reinforced Conveyor Belt Segment Dominate the Market in 2024
The textile reinforced conveyor belt segment made huge revenue in 2024 and growing its prominence during the forecast period. Textile reinforced conveyor belts offer diverse advantages including low wind resistance, good abrasion resistance, fire resistance, cold & frost resistance, and more. In addition, textile reinforced belts relatively save on shorter transport distances to other reinforced conveyor belts. Textile reinforced types of conveyor belts are widely used in metal processing, mining, recycling, cement construction, and electricity manufacturing plants. The segment is further divided into namely commodity textiles and performance textiles. They are mainly used are commodity textiles led by their easy availability, high-quality materials, and low cost.
By Geography
Asia Pacific Region is Leading in the Global Market Place
Asia region is likely to have a huge demand in the forecast period owing to the large volume of manufacturing potential across industry verticals in the region. The mining sector in the Asia Pacific shows significant growth potential, leading to rise in the demand for transport rubber bands for mining purposes. Moreover, growing investments by leading manufacturers will also develop the market to a higher level. The major mining countries in the region, China and Australia, have been using real-time transport monitoring systems to increase their efficiency and productivity of rubber conveyor belts.
List of the Key Players Profiled in the Market Include:
• ARTEGO
• Bando
• Bridgestone Corporation
• ContiTech AG
• Fenner Group Holdings Limited
• Fuxin Shuangxiang
• Garlock
• LUTZE
• Oxford Rubbers
• QingDao Rubber Six
• Sempertrans
• SIG Societa Italiana Gomma
• Trelleborg
• Yokohama
• Zhejiang Double Arrow
List of the Regions/Countries Profiled in the Market Include:
North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others
Table of Contents
200 Pages
- 1 Market Outline
- 1.1 Definition
- 1.2 Market Segmentation & Scope
- 1.3 Market Trends
- 1.4 Regulatory Factors
- 1.5 Application Analysis
- 1.6 End User Analysis
- 1.7 Strategic Benchmarking
- 1.8 Opportunity Analysis
- 2 Executive Summary
- 3 Research Methodology and Data Source
- 3.1 Methodology/Research Approach
- 3.1.1 Research Programs/Design
- 3.1.2 Market Size Estimation
- 3.2 Data Source and Assumptions
- 3.2.1 Purchased Database
- 3.2.2 Company Repository
- 3.2.3 Secondary Sources
- 3.2.4 Primary Research
- 3.2.5 List of Assumptions
- 4 Market Overview
- 4.1 Current Trends
- 4.1.1 Growing Demand for Construction Materials
- 4.1.2 Expanding Mining Industry
- 4.1.3 Rising Demand for Power Generation
- 4.1.4 Growth Opportunities/Investment Opportunities
- 4.2 Drivers
- 4.3 Constraints
- 4.4 Impact of COVID-19
- 5 Market Factor Analysis
- 5.1 Porters Five Forces
- 5.1.1 Bargaining power of suppliers
- 5.1.2 Bargaining power of buyers
- 5.1.3 Threat of substitutes
- 5.1.4 Threat of new entrants
- 5.1.5 Competitive rivalry
- 5.2 Value Chain Analysis/Supply Chain Analysis
- 6 Consumer behaviour analysis/Consumer Research
- 6.1 Consumer trends and preferences
- 6.2 Factors affecting buying decision
- 6.3 Consumer product adoption
- 6.4 Observation & Recommendations
- 7 Rubber Conveyor Belt Market, By Type
- 7.1 Heat-Resistant
- DATA TABLE Heat-Resistant Market Forecast to 2030 (US$ MN)
- 7.2 Oil-Resistant
- DATA TABLE Oil-Resistant Market Forecast to 2030 (US$ MN)
- 7.3 Fire-Resistant
- DATA TABLE Fire-Resistant Market Forecast to 2030 (US$ MN)
- 7.4 Chemical-Resistant
- DATA TABLE Chemical-Resistant Market Forecast to 2030 (US$ MN)
- 7.5 Cold Resistant
- DATA TABLE Cold Resistant Market Forecast to 2030 (US$ MN)
- 8 Rubber Conveyor Belt Market, By Material
- 8.1 Steel Reinforced Conveyor Belt
- DATA TABLE Steel Reinforced Conveyor Belt Market Forecast to 2030 (US$ MN)
- 8.2 Textile Reinforced Conveyor Belt
- DATA TABLE Textile Reinforced Conveyor Belt Market Forecast to 2030 (US$ MN)
- 8.2.1 Performance Textiles
- DATA TABLE Market Forecast to 2030 (US$ MN)
- 8.2.2 Commodity Textiles
- DATA TABLE Commodity Textiles Market Forecast to 2030 (US$ MN)
- 8.3 Solid Woven Belt
- DATA TABLE Solid Woven Belt Market Forecast to 2030 (US$ MN)
- 9 Rubber Conveyor Belt Market, By Application
- 9.1 Light Weight
- DATA TABLE Light Weight Market Forecast to 2030 (US$ MN)
- 9.2 Medium Weight
- DATA TABLE Medium Weight Market Forecast to 2030 (US$ MN)
- 9.3 Heavy Weight
- DATA TABLE Heavy Weight Market Forecast to 2030 (US$ MN)
- 10 Rubber Conveyor Belt Market, By End User
- 10.1 Agriculture
- DATA TABLE Agriculture Market Forecast to 2030 (US$ MN)
- 10.2 Airline Industry
- DATA TABLE Airline Industry Market Forecast to 2030 (US$ MN)
- 10.3 Cement Manufacturing
- DATA TABLE Cement Manufacturing Market Forecast to 2030 (US$ MN)
- 10.4 Construction
- DATA TABLE Construction Market Forecast to 2030 (US$ MN)
- 10.5 Food Industry
- DATA TABLE Food Industry Market Forecast to 2030 (US$ MN)
- 10.6 Logistics
- DATA TABLE Logistics Market Forecast to 2030 (US$ MN)
- 10.7 Manufacturing
- DATA TABLE Manufacturing Market Forecast to 2030 (US$ MN)
- 10.8 Metal Processing
- DATA TABLE Metal Processing Market Forecast to 2030 (US$ MN)
- 10.9 Mining
- DATA TABLE Mining Market Forecast to 2030 (US$ MN)
- 10.9.1 Coal
- DATA TABLE Coal Market Forecast to 2030 (US$ MN)
- 10.9.2 Metals
- DATA TABLE Metals Market Forecast to 2030 (US$ MN)
- 10.9.3 Other Mining End Users
- DATA TABLE Other Mining End Users Market Forecast to 2030 (US$ MN)
- 10.10 Packaging
- DATA TABLE Packaging Market Forecast to 2030 (US$ MN)
- 10.11 Power Generation
- DATA TABLE Power Generation Market Forecast to 2030 (US$ MN)
- 10.12 Recycling
- DATA TABLE Recycling Market Forecast to 2030 (US$ MN)
- 10.13 Other End Users
- DATA TABLE Other End Users Market Forecast to 2030 (US$ MN)
- 10.13.1 Industrial
- DATA TABLE Industrial Market Forecast to 2030 (US$ MN)
- 10.13.2 Harbor
- DATA TABLE Harbor Market Forecast to 2030 (US$ MN)
- 10.13.3 Steel
- DATA TABLE Steel Market Forecast to 2030 (US$ MN)
- 11 Rubber Conveyor Belt Market, By Geography
- 11.1 North America
- DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN)
- 11.1.1 US
- 11.1.2 Canada
- 11.1.3 Mexico
- 11.2 Europe
- DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN)
- 11.2.1 Germany
- 11.2.2 U.K
- 11.2.3 Italy
- 11.2.4 France
- 11.2.5 Spain
- 11.2.6 Rest of Europe
- 11.3 Asia Pacific
- DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN)
- 11.3.1 China
- 11.3.2 Japan
- 11.3.3 India
- 11.3.4 Australia
- 11.3.5 New Zealand
- 11.3.6 Rest of Asia Pacific
- 11.4 Middle East
- DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN)
- 11.4.1 Saudi Arabia
- 11.4.2 UAE
- 11.4.3 Rest of Middle East
- 11.5 Latin America
- DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN)
- 11.5.1 Argentina
- 11.5.2 Brazil
- 11.5.3 Rest of Latin America
- 11.6 Rest of the World (RoW)
- DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN)
- 11.6.1 South Africa
- 11.6.2 Others
- 12 Key Player Activities
- 12.1 Acquisitions & Mergers
- 12.2 Agreements, Partnerships, Collaborations and Joint Ventures
- 12.3 Product Launch & Expansions
- 12.4 Other Activities
- 13 Leading Companies
- 13.1 ARTEGO
- 13.2 Bando
- 13.3 Bridgestone Corporation
- 13.4 ContiTech AG
- 13.5 Fenner Group Holdings Limited
- 13.6 Fuxin Shuangxiang
- 13.7 Garlock
- 13.8 LUTZE
- 13.9 Oxford Rubbers
- 13.10 QingDao Rubber Six
- 13.11 Sempertrans
- 13.12 SIG Societa Italiana Gomma
- 13.13 Trelleborg
- 13.14 Yokohama
- 13.15 Zhejiang Double Arrow
- List of Tables
- Table 1 Global Rubber Conveyor Belt Market By Region, Market Forecast (2022-2030) (US $MN)
- Table 2 Global Rubber Conveyor Belt Market By Type, Market Forecast (2022-2030) (US $MN)
- Table 3 Global Rubber Conveyor Belt Market By Heat-Resistant, Market Forecast (2022-2030) (US $MN)
- Table 4 Global Rubber Conveyor Belt Market By Oil-Resistant, Market Forecast (2022-2030) (US $MN)
- Table 5 Global Rubber Conveyor Belt Market By Fire-Resistant, Market Forecast (2022-2030) (US $MN)
- Table 6 Global Rubber Conveyor Belt Market By Chemical-Resistant, Market Forecast (2022-2030) (US $MN)
- Table 7 Global Rubber Conveyor Belt Market By Cold Resistant, Market Forecast (2022-2030) (US $MN)
- Table 8 Global Rubber Conveyor Belt Market By Material, Market Forecast (2022-2030) (US $MN)
- Table 9 Global Rubber Conveyor Belt Market By Steel Reinforced Conveyor Belt, Market Forecast (2022-2030) (US $MN)
- Table 10 Global Rubber Conveyor Belt Market By Textile Reinforced Conveyor Belt, Market Forecast (2022-2030) (US $MN)
- Table 11 Global Rubber Conveyor Belt Market By Performance Textiles, Market Forecast (2022-2030) (US $MN)
- Table 12 Global Rubber Conveyor Belt Market By Commodity Textiles, Market Forecast (2022-2030) (US $MN)
- Table 13 Global Rubber Conveyor Belt Market By Solid Woven Belt, Market Forecast (2022-2030) (US $MN)
- Table 14 Global Rubber Conveyor Belt Market By Application, Market Forecast (2022-2030) (US $MN)
- Table 15 Global Rubber Conveyor Belt Market By Light Weight, Market Forecast (2022-2030) (US $MN)
- Table 16 Global Rubber Conveyor Belt Market By Medium Weight, Market Forecast (2022-2030) (US $MN)
- Table 17 Global Rubber Conveyor Belt Market By Heavy Weight, Market Forecast (2022-2030) (US $MN)
- Table 18 Global Rubber Conveyor Belt Market By End User, Market Forecast (2022-2030) (US $MN)
- Table 19 Global Rubber Conveyor Belt Market By Agriculture, Market Forecast (2022-2030) (US $MN)
- Table 20 Global Rubber Conveyor Belt Market By Airline Industry, Market Forecast (2022-2030) (US $MN)
- Table 21 Global Rubber Conveyor Belt Market By Cement Manufacturing, Market Forecast (2022-2030) (US $MN)
- Table 22 Global Rubber Conveyor Belt Market By Construction, Market Forecast (2022-2030) (US $MN)
- Table 23 Global Rubber Conveyor Belt Market By Food Industry, Market Forecast (2022-2030) (US $MN)
- Table 24 Global Rubber Conveyor Belt Market By Logistics, Market Forecast (2022-2030) (US $MN)
- Table 25 Global Rubber Conveyor Belt Market By Manufacturing, Market Forecast (2022-2030) (US $MN)
- Table 26 Global Rubber Conveyor Belt Market By Metal Processing, Market Forecast (2022-2030) (US $MN)
- Table 27 Global Rubber Conveyor Belt Market By Mining, Market Forecast (2022-2030) (US $MN)
- Table 28 Global Rubber Conveyor Belt Market By Coal, Market Forecast (2022-2030) (US $MN)
- Table 29 Global Rubber Conveyor Belt Market By Metals, Market Forecast (2022-2030) (US $MN)
- Table 30 Global Rubber Conveyor Belt Market By Other Mining End Users, Market Forecast (2022-2030) (US $MN)
- Table 31 Global Rubber Conveyor Belt Market By Packaging, Market Forecast (2022-2030) (US $MN)
- Table 32 Global Rubber Conveyor Belt Market By Power Generation, Market Forecast (2022-2030) (US $MN)
- Table 33 Global Rubber Conveyor Belt Market By Recycling, Market Forecast (2022-2030) (US $MN)
- Table 34 Global Rubber Conveyor Belt Market By Other End Users, Market Forecast (2022-2030) (US $MN)
- Table 35 Global Rubber Conveyor Belt Market By Industrial, Market Forecast (2022-2030) (US $MN)
- Table 36 Global Rubber Conveyor Belt Market By Harbor, Market Forecast (2022-2030) (US $MN)
- Table 37 Global Rubber Conveyor Belt Market By Steel, Market Forecast (2022-2030) (US $MN)
- NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.
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