Middle East Conveyor Belts Market

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MIDDLE EAST CONVEYOR BELTS MARKET ANALYSIS

• Middle East Conveyor Belts Market, By Product
  Type (Metal-reinforced Rubber Conveyor Belts,
  Fabric-reinforced Rubber Conveyor Belts and
  Plastic Conveyor Belts), By Cover Type
  (Conductive Conveyor Belt, Abrasion-resistant
  Conveyor, Heat- Flame- resistant Conveyor and
  Oil-resistant Conveyor Belt), By Weight
  (Lightweight, Medium-weight and Heavy weight), By
  Application (Mining, Food Production Industry,
  Commercial, Construction Industry, Electricity
  Generating Stations, Automotive Industry,
  Chemical Fertilizers and Packaging Industry)
  and by Country (KSA, Oman, Qatar, UAE, Kuwait,
  Bahrain, Israel and Turkey) - Size, Share,
  Outlook, and Opportunity Analysis, 2020 - 2027

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• Market Overview
• The Middle East conveyor belts market is
  estimated to account
• for US 253,193.9 MN in terms of value by
  the end of 2027.
• Market Dynamics Drivers
• Increasing number of construction activities
  worldwide is expected to drive growth of the
  Middle East conveyor belts market during the
  forecast period
• Enhancement of belt material in conveyor systems
  is expected to propel the Middle East conveyor
  belts market growth over the forecast period

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Figure 1. Middle East Conveyor Belts Market
Share (), in terms of Value, By Country, 2019
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• Market Dynamics Restraints
• Low-profit margins for manufacturers of premium
  products is expected to restrain growth of the
  Middle East conveyor belts market during the
  forecast period
• Heavy reliance on raw materials is expected to
  hinder the Middle East conveyor belts market
  growth over the forecast period

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• Market Opportunities
• Demand for halal-certified conveyor belts can
  present lucrative growth opportunities
• Growing expenditure construction industry can
  pose major business opportunities

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Figure 2. Middle East Conveyor Belts Market
Value (US MN), 2017 - 2027
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• Market Trends
• Increasing adoption of energy-saving belts across
  the region
• Major manufacturers are developing conveyor
  belts with better viscos-elastic properties,
  which can reduce energy consumption by up to 20.
• Rising demand for lightweight conveyor belts
• This is mainly attributed to the excellent
  beneficial features of lightweight conveyor
  belts, which significantly increases reliability
  of the device and significantly reduces
  maintenance costs of the system.

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• Middle East Conveyor Belts Market - Impact of
  Coronavirus (Covid-19) Pandemic
• Due to Covid-19 pandemic, many industries
  witnessed significant shift in their business.
  Logistics supply chain industries are directly
  affected by COVID-19 pandemic.
• Competitive Section
• Key players operating in the Middle East conveyor
  belts market are Al Kuwaiti Industrial Solutions,
  Ziligen A.S., Arabian Universal, Semperit AG
  Holding, Bridgestone Corporation, Schieffer Magam
  Industries Ltd., ContiTech AG (Continental AG),
  Phoenix Conveyor Belt Systems Gmbh, Derby
  Conveyor Belt Industry and Trade Inc., Kale
  Conveyor, FaBa Commercial Services, and Fenner
  Dunlop Conveyor Belting.

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