In this report,global Heavy Duty Conveyor Belts Market will reach 4237.05 Million USD by the end of 2022 with a CAGR of 2.18%
The global Heavy Duty Conveyor Belts market was valued at 3723.40 million USD in 2016 and is expected to reach 4237.05 million USD by the end of 2022, growing at a CAGR of 2.18% between 2016 and 2022.
A conveyor belt is the carrying medium of a belt conveyor system (often shortened to belt conveyor). This report mainly focuses on the heavy duty conveyor belts for heavy duty. The covering material of heavy duty conveyor belts mainly used rubber and the skeleton material is nylon or steel wire. Heavy duty conveyor belts are widely used in steel, coal, cement, electricity, ports, mining, building materials and other industries.
Heavy Duty Conveyor Belts can be divided into three categories: Multiply Fabric Conveyer Belts type, Steel Cord Conveyor Belts type and Solid Woven Conveyor Belts type. Multiply Fabric Conveyer Belts type accounted for the highest proportion in sales market, with a figure of 55.33% in 2017, followed by Solid Woven Conveyor Belts type, account for 28.21% and Steel Cord Conveyor Belts type account for 16.46%.
The sales market share of global Heavy Duty Conveyor Belts in Mining use, Industrial use, Construction use, Transportation use, Oil & Gas use and other applications have been stable year by year, at 38.10%, 19.33%, 18.79%, 8.24%, 5.20% and 10.34% respectively in 2017, and for several consecutive years, the amplitude was within one percent. This indicates that the segment of the Heavy Duty Conveyor Belts in the global market tends to be fixed without great changes. Among them, the Heavy Duty Conveyor Belts market has the most promising sales prospects in Mining use.
XYZ research center data shows that Asia-Pacific is the biggest contributor to the Heavy Duty Conveyor Belts revenue market, accounted for 38.34% of the total global market with a revenue of 1909.44 million USD in 2017, followed by Europe, 27.27% with a revenue of 1357.95 million USD.
Continental AG is the largest company in the global Heavy Duty Conveyor Belts market, accounted for 18.07% of the revenue market share in 2017, followed by Bridgestone and Fenner, accounted for 15.63% and 7.59% of the revenue market share in 2017.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. Despite the presence of competition problems, due to the global recovery trend is slightly, investors are still optimistic about this area; the future will still have more new investment enter the field.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (M USD), market share and growth rate of Heavy Duty Conveyor Belts for these regions, from 2014 to 2026 (forecast), covering
China
USA
Europe
Japan
Korea
India
Southeast Asia
South America
Global Heavy Duty Conveyor Belts market competition by top manufacturers/players, with Heavy Duty Conveyor Belts sales volume, Price (USD/Unit), revenue (M USD) and market share for each manufacturer/player; the top players including
Continental AG
Bridgestone
Fenner
Yokohama
Zhejiang Double Arrow
Sempertrans
Bando
Baoding Huayue
Zhejiang Sanwei
Shandong Phoebus
Wuxi Boton
Zhangjiagang Huashen
HSIN YUNG
Fuxin Shuangxiang
Anhui Zhongyi
QingDao Rubber Six
Hebei Yichuan
Smiley Monroe
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Multiply Fabric Conveyer Belts
Steel Cord Conveyor Belts
Solid Woven Conveyor Belts
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Heavy Duty Conveyor Belts for each application, including
Mining
Industrial
Construction
Transportation
Oil & Gas
Others
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Summary:
Get latest Market Research Reports on Heavy Duty Conveyor Belts Sales. Industry analysis & Market Report on Heavy Duty Conveyor Belts Sales is a syndicated market report, published as Global Heavy Duty Conveyor Belts Sales Market(Sales,Revenue and competitors Analysis of Major Market)from 2014-2026. It is complete Research Study and Industry Analysis of Heavy Duty Conveyor Belts Sales market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.