Home > Industrial Machinery > Industrial Equipment > Conveying System > Rubber Conveyor Belt Market

Rubber Conveyor Belt Market Share

Report ID: GMI4411
Published Date: Jul 2024
Report Format: PDF

Download Free Sample

Rubber Conveyor Belt Market Share

Global Rubber Conveyor Belt Company Market Share Analysis, 2023

Rubber conveyor belt industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as Bridgestone corporation, fenner/Dunlop conveyor belting, contitevh AG, Yokohama rubber co, ltd and bando chemicals limited Ltd. collectively held around 40-45% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Rubber Conveyor Belt Market Companies

Major players operating in the Rubber conveyor belt industry are:

ARTEGO S.A.
Bando Chemical Industries, Ltd.
Bridgestone Corporation
Contitech AG conveyer belt group
Fenner Group Holdings Limited
Fuxin Shuangxiang
Garlock Sealing Technologies LLC
LUTZE Forder Technik GmbH
Oxford Rubbers Private Limited
Qingdao Rubber Six Conveyor Belt Co., Ltd.
Sempertrans Conveyor Belt Solutions GmbH
SIG Societa Italiana Gomma S.p.A.
THE YOKOHAMA RUBBER CO., LTD.
Trelleborg AB
Zhejiang Double Arrow Rubber Co., Ltd.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of rubber conveyor belt was reached USD 3.78 billion in 2023 and is expected to register 4.5% CAGR from 2024 to 2032, owing to rising automation and manufacturing in industries worldwide.

Rubber conveyor belt industry from the textile reinforced conveyor belts segment is expected to reach USD 4860.8 million by 2032, due to the belts strengths and flexibility it offers during the operations in industries such as mining, constructions.

Asia Pacific rubber conveyor belt industry is expected to cross USD 3.46 billion by 2032 due to the China and India growing their industrialization in sectors such as mining, manufacturing, food processing in the region.

Qingdao Rubber Six Conveyor Belt Co., Ltd., Sempertrans Conveyor Belt Solutions GmbH, SIG Societa Italiana Gomma S.p.A., THE YOKOHAMA RUBBER CO., LTD., Trelleborg AB, and Zhejiang Double Arrow Rubber Co., Ltd., are some of the major rubber conveyor belt companies worldwide.