Global Conveyor Belt Market Size, Growth Trends And Forecast Research Report 2017-2022

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 Global Conveyor Belt Market Driven by
Accelerated Demand for Automation in Material
Handling
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Report Description and Highlights
Report Description
 Global Conveyor Belt Market Driven by
Accelerated Demand for Automation in Material
Handling The global conveyor belt market has
been witnessing a sustained growth over the past
few years, owing to the extensive use of conveyor
belts in automation, mining and manufacturing
industries. The latest report by IMARC Group,
titled Conveyor Belt Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2017-2022, finds that the global
conveyor belt market reached a value of more than
US 5 Billion in 2016. Conveyor belts are
mechanical apparatus consisting of two or more
pulleys with a moving belt or a chain that helps
in transporting materials or packages from one
place to another. The belt forms a continuous
loop of fabric, rubber, plastic, leather, or
metal supported on rollers or on a metal slider
pan. Nowadays, various types of conveyor belts
are available to use in different applications
such as food processing industries, airports, and
various transporting industries. Request
Sample of the Report http//www.imarcgroup.com/
request?typereportid880flagB
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Report Description and Highlights
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Report Description and Highlights
Report Description

• Highlights of the global conveyor belt market
• The increasing demand for steel cord conveyor
  belts is the major trend anticipated to drive the
  market growth.
• Medium-weight conveyor belt is the most popular
  product type.
• Asia Pacific represents the leading market,
  holding the majority of the global share.
• The increasing applications of conveyor belts in
  various industries are helping the global
  conveyor belt market to expand. Additionally,
  these belts enable the manufacturers to reduce
  inventory levels, and in turn, reduce overall
  production costs. As a result, the escalating
  demand for conveyor belts from automation, mining
  and manufacturing industries has emerged as
  another major demand driver. Further, there has
  been an increase in the use of conveyor belts at
  the airports so as to facilitate the passengers
  with efficient baggage transportation. Some of
  the other factors contributing to the market
  growth are aging workforce, growth of
  infrastructural activities and demand for
  eco-friendly conveyor belts with self-cleaning
  properties. According to the report, the global
  conveyor belt market is further expected to reach
  a value of US 6.4 Billion, exhibiting a CAGR of
  more than 3 during 2017-2022.
•  
• Read full report _at_ http//www.imarcgroup.com/conve
  yor-belt-market

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Report Description and Highlights
Report Description

• On the basis of product type, the market has been
  segmented into medium-weight conveyor belt,
  lightweight conveyor belt and heavyweight
  conveyor belt. Currently, medium-weight conveyor
  belt is the most popular product type, holding
  the largest market share. Based on end-use, the
  market is categorised into metallurgy industry,
  chemical industry, steel-making industry and
  others. Region-wise, Asia Pacific dominates the
  market, accounting for the largest share,
  followed by Europe and North America. Other major
  regions include the Middle East and Africa, and
  Latin America. On evaluating the competitive
  landscape of the market, it is found that the key
  players are Bando Chemical Industries, Ltd.,
  Fenner, Intralox, Volta Belting Technology Ltd.
  and Fives.
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• The report by IMARC Group has examined the global
  conveyor belt market on the basis of
• Product Type
• Medium-Weight Conveyor Belt
• Light-Weight Conveyor Belt
• Heavy-Weight Conveyor Belt
• End Use
• Metallurgy Industry
• Chemical Industry
•  

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Report Description and Highlights
Report Description

• Steel-Making Industry
• Others
• Region
• Asia Pacific
• Europe
• North America
• Middle East and Africa
• Latin America
• Major Key Players
• Bando Chemical Industries, Ltd.
• Fenner
• Intralox 
• Volta Belting Technology Ltd.
• Fives
• Browse More Related Report _at_ http//www.imarcgroup
  .com/categories/retail-market-reports

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Report Description and Highlights
Report Description

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