Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Rubber Conveyor Belts Market Research Report - Glo
Rubber Conveyor Belts Market Share, Size, Trends, And Business Opportunity Analysis Report 2019
include historic data, with forecast data to 2025. Rubber Conveyor Belts Industry report is helpful for
future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global
market size, share, Growth, Trends, key players forecast to 2025.
A conveyor belt is engineered to provide excellent rip, tear, and impact resistance in many applications,
such as hard rock mining (limestone, granite, trap rock and other aggregates) and recycling. A rubber
conveyor belt is made up of an abrasion resistant material, which is a blend of neoprene, nitrile, and
styrene butadiene rubber (SBR) and inserted with a cloth fabric. The styrene butadiene rubber provides
better durability, whereas, the neoprene and nitrile rubbers conveyor belt provide excellent chemical
resistance, which resist the degrading effects of several chemicals and other petroleum-based solvents.
The cloth-inserted rubber conveyor belt is an ideal for applications in various industrial machines,
industrial level pads, strips, and flaps.
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Segmentation
The global rubber conveyor belts market is segmented on the basis of type, application, and
region. On the basis of type, the global market has been segmented into light-weight, medium-
weight, and heavy-weight conveyor belts. On the basis of application, the global market has
been segmented into food, mining, construction, airline, and others.
Regional Analysis
Geographically, the global rubber conveyor belts market has been segmented into four major
regions namely North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is
estimated to hold the largest market share throughout the forecast period owing to growing
mining and construction activities in Australia and China. Moreover, the rapidly growing
population in countries such as China and India, the improving economic condition in Thailand,
Vietnam, and India, and the growing investment in food industry are expected to further boost
the demand for rubber conveyor belts in this region. However, North America is expected to
witness a significant growth during the forecast period due to the growing adoption of rubber
conveyor belt in the US, Mexico, and Canada. Furthermore, the developing economies in South
America and Africa, is expected to accelerate the market growth in the RoW over the forecast
period.
Key Players
The prominent players in the global rubber conveyor belts market include Bando Chemical
Industries, Ltd (Japan), Intralox (US), Fenner Dunlop (US), Volta Belting Technology Ltd (Israel),
Fives (France), Bridgestone (Japan), ContiTech AG (Germany), Goodyear Rubber Products. Inc,
(US), Qingdao Rubber 6 Conveyer Belt Co., (China), and The Yokohama Rubber Co., Ltd (Japan).