Global Lightweight Conveyor Belts is expected to reach 6669.24 million USD by the end of 2025

Publisher: QYResearch

Published Date: 2018/12/18

Global Lightweight Conveyor Belts revenue is valued at 4820.65 million USD in 2017 and is expected to reach 6669.24 million USD by the end of 2025, growing at a CAGR of 4.14% between 2017 and 2025. Global Lightweight Conveyor Belts production value is valued at 3691.65 million USD in 2017 and is expected to reach 5064.79 million USD by the end of 2025, growing at a CAGR of 4.03% between 2017 and 2025. Global Lightweight Conveyor Belts sales volume is valued at 142370 K Sq.m. in 2017 and is expected to reach 239470 K Sq.m. by the end of 2025, growing at a CAGR of 6.72% between 2017 and 2025.

Habasit, Ammeraal Beltech, Sampla and Forbo-Siegling are the top production value share spots in the Lightweight Conveyor Belts market in 2017. Habasit dominated with 11.331% production value share, followed by Ammeraal Beltech with 6.651% production value share and Sampla with 9.86% production value share.

On the basis of region, Lightweight Conveyor Belts is more popular in Europe than others regions. Europe is the largest market segment of Lightweight Conveyor Belts, with a consumption market share nearly 38.69% in 2017, followed by North America with a consumption market share nearly 18.57% in 2017.

Lightweight Conveyor Belts used in industry including Food & Tobacco, Transport and Logistics Industry, Printing and Packaging Industry, Textile Industry, Agriculture, etc. Report data showed that 32.07% of the Lightweight Conveyor Belts market demand in Food & Tobacco in 2017.

According to QYR study, the global production value of Conveyer Belts was valued at 7246.52 million USD in 2016, rising demand from power, mining, and manufacturing industries and demand for environmentally friendly, and the global production value of Conveyer Belts is forecast to reach 8653.81 million USD by the end of 2022. Global manufactures mainly distributed in APAC. Demand for conveyor belt is profoundly dependent on increase in industrial investments in a region.

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