The global Light Duty Conveyor Belt market was valued at US$ 2260.2 million in 2020 and it is expected to reach US$ 2726.2 million by the end of 2027, growing at a CAGR of 1.1% during 2021-2027.
Light Duty Conveyor Belt are one kind of conveyor belts, which is quite an important professionally advanced, versatile machine mainly used in automatic line delivery of products. The raw material of lightweight conveyor belts is cotton, nylon, polyester, aramid, and blended materials and other industrial fabrics as structure, PVC, TPU, PE, TPEE or other polymer materials as coatings. It is widely used in the food industry, logistics industry etc.
Global Light Duty Conveyor Belt includes AMMEGA, Forbo-Siegling, Habasit, and Shanghai YongLi Belting Co., Ltd, etc. Global top four companies hold a share over 37%. Europe is the largest market, with a share about 33%, followed by North America and China with the share about 24% and 14%.
Global Light Duty Conveyor Belt Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Light Duty Conveyor Belt Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Ammega, Forbo-Siegling, Habasit, Intralox, Shanghai Yongli Belting Co., Ltd, Continental Ag, Chiorino, Bando, Nitta, Esbelt, Wuxi Shunsheng Industry Belt Manufacturing Co., Ltd., Derco, Sparks, Jiangsu New Lianda Belting Technology Co.,Ltd., Volta Belting Technology Ltd., Jiangyin TianGuang Technology Co.,Ltd and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Coating Process
- Calendering Process
Segment by Application
- Printing and Packaging
Table of Content:
1 Light Duty Conveyor Belt Market Overview
2 Light Duty Conveyor Belt Market Competition by Manufacturers
3 Light Duty Conveyor Belt Retrospective Market Scenario by Region
4 Global Light Duty Conveyor Belt Historic Market Analysis by Type
5 Global Light Duty Conveyor Belt Historic Market Analysis by Application
6 Key Companies Profiled
7 Light Duty Conveyor Belt Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Light Duty Conveyor Belt Market Dynamics
10 Global Light Duty Conveyor Belt Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta