Conveyor belts are essential components of a conveyor system, and they are used to physically transport bulk materials from one location to another in a continuous motion. Conveyor belt fabric is a type of material that is used in conveyor belts and must be long lasting, durable, and resistant to a wide range of moisture, temperature, and chemicals. Conveyor belts are made from a variety of materials, each with its own set of specifications, properties, and advantages. Furthermore, fabric conveyor belts are used to transport abrasive materials such as rock, ore, or gravel, necessitating a high demand for conveyor belt fabrics. Special fabric weaves are also available in conveyor belt fabric for applications requiring high flex and anti-slip properties. There are numerous belting fabrics on the market that are used as reinforcement material inside conveyor belts. Belting fabrics must be resilient and strong because they are processed in multiple layers inside conveyor belts. Steel wire, nylon, and other materials are commonly used as heavy duty conveyor belt covering fabric and skeleton material. Heavy duty conveyor belts are widely used in the coal, steel, electricity, cement, building materials, mining, and other industries; thus, the extensive use of conveyor belt fabric in these industries drives the market growth.
COVID-19 Impact analysis
- Despite the fact that the COVID-19 pandemic is still affecting the growth of various industries, the outbreak's immediate impact is diverse. While some industries will see a decrease in demand, many others will remain unaffected and will show promising growth opportunities.
- The spread of COVID-19 has had a positive impact on the market, especially in the food and beverage and pharmaceuticals sectors, which have been designated as essential services.
- Due to increased sales of these products, manufacturing facilities have been working around the clock to deliver finished goods, which would not have been possible without the use of conveyor belts and other machines.
Top Impacting factor
The rising demand for conveyor belt fabric is driving the industrial investment in all regions. Conveyor belt fabric qualities are heavily reliant on its rigidity and strength, which increase its workability under high pressure. The conveyor belt fabric market is being driven by macroeconomic factors such as GDP growth. The evolution of infrastructure activities such as airports, buildings, and shopping malls is also one of the primary factors driving the growth of the conveyor belt fabric market. Heavy duty conveyor belts have rigid fabric to withstand high pressure, so the demand for these types of conveyor fabricated belts is increased in large infrastructure projects. The best fabricated material for conveyor belts, according to ISO (International Standard Organization), is a special rubber layer with good fabric adhesion properties. As a result of these guidelines, industries are increasingly emphasizing the use of conveyor belt fabric to improve adhesion properties. Economic slowdowns in the European Union and some Middle Eastern countries may act as a restraint on the conveyor belt fabric market.
Market Trends
Acquisition
- In July 2019, Lutze Conveying Sweden AB acquired EKM Eklund Material Handling AB. Lutze was able to offer a broader range of products as well as a platform for in-depth collaboration with machine builders and industries outside of its existing service network as a result of this acquisition.
- In 2020, textile reinforced conveyor belts dominated the rubber conveyor belt market, accounting for roughly 85% of total volume. Textile reinforced solutions have a number of benefits, including good abrasion resistance, fire resistance, low rolling resistance, cold and frost resistance, and others. Furthermore, for shorter conveying distances, this type of solution is more cost-effective than steel reinforced conveyor belt.
- Conveyor belts with textile reinforcement are widely used in mining, recycling, cement manufacturing, metal processing, power generation, and other industries. The segment is further subdivided into performance and commodity textiles. Commodity textiles are widely used because they are readily available, have superior mechanical properties, and are inexpensive.
- Rapid industrialization and increase in automation in industries result in growing adoption of a conveyor system, which has a direct impact on the conveyor belt market growth. Because of their benefits, conveyor systems are widely used in the material handling and packaging industries. It transports a wide range of heavy and bulky materials quickly and efficiently. This factor is also influencing the growth of the conveyor belt market.
- The expanding manufacturing and mining sectors in the U.S. and Canada are propelling regional product demand. The U.S. is a major producer of cement and cement products, and the region's growing construction sector will drive market revenue. Furthermore, the presence of several conveyor solution manufacturers in the region, as well as diverse range of steel and power generation companies, will support industry growth.
Key Benefits of the Report
- This study presents the analytical depiction of the conveyor belt fabrics industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the conveyor belt fabrics market share.
- The current market is quantitatively analyzed to highlight the conveyor belt fabrics market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed conveyor belt fabrics market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the conveyor belt fabrics market Report
- Who are the leading market players active in the conveyor belt fabrics market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- Upcoming Report specific FAQs
- What is "conveyor belt fabrics market"?
- What does "conveyor belt fabrics market" allow organizations to achieve?
- What will be the anticipated growth rates for your own conveyor belt fabrics Market economy altogether and also for every segment inside?
- Which will be the niches at which players profiling with recent advancements should set a presence?
- What are the driving factors and opportunities in the market?
Conveyor Belt Fabrics Market Report Highlights
| Aspects | Details |
 By Type |
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 By Weight |
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 By Application |
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 By Region |
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 Key Market Players | FaBa Comercial Sevices, Fenner Dunlop Conveyor Belting, Semperit AG Holding, Kale Conveyor, Siemens AG, Ziligen A.S., ContiTech AG (Continental AG), Bridgestone Corporation, Probelt Industrial Corp., Phoenix CBS GmbH |
 | Intralox,Emerson Electric co., Schieffer Magam Industries Ltd., Metso, Apex Belting Ltd., ALM Inc., Visusa |
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