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Homogeneous Conveyor Belt Market Size, Share & Growth [2031]

Homogeneous Conveyor Belt Market

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Segments - By Type (Thermoplastic Polyester Elastomer (TPE), Thermoplastic Polyurethane (TPU), Polyvinyl Chloride, Other), By Application (Automotive, Food & Beverage, Chemical, Packaging, Agriculture, Paper and Printing, Other), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Asia) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023– 2031

CM-6
4.5 Rating
171 Pages

2020-07-02
75 Reviews

Author :

Raksha Sharma

Fact-checked by :

Vineet Pandey

Editor :

Rucha Phatak

Report Description

The global homogenous conveyor belt market was valued at USD 2.59 Billion in 2022 and is projected to reach USD 3.85 Billion by 2031, expanding at a CAGR of 4.5% during the forecast period 2023-2031. The market is driven by factors such as an increase in the use of homogenous conveyor belts in food applications, rising industrial demand activities in emerging economies, and increasing demand for automation in various industries. However, high maintenance & service costs and limited use of homogenous conveyor belts are key restraints of this market. Rising R&D investments and growing e-commerce industry are expected to boost the market in the future

On the basis of types, the homogenous conveyor belts market is segmented into thermoplastic polyester elastomer, thermoplastic polyurethane, polyvinyl chloride, and others. The thermoplastic polyester elastomer segment holds X0.6% share of the market in 2019 due to increasing demand from various industries. The thermoplastic polyurethane segment is anticipated to expand at a CAGR of X.8% during the forecast period owing to its capabilities of withstanding extreme temperatures without warping and melting, which is suitable for the food & beverage industry.

Based on applications, the homogenous conveyor belt market is classified as the food & beverage industry, automotive industry, chemical industry, agricultural industry, packaging industry, and others. The food & beverage industry segment is projected to constitute X6.4% share of the market in 2027, as homogenous conveyor belts are considered to be one of the safest and cleanest types of conveyor belts in the food industry.

In terms of regions, the market has been fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is a promising region for the market. The region constituted a X2.0% share of the market in 2020. The market in the region is projected to expand at a CAGR of X.8% during the forecast period. The demand for homogenous conveyor belts is expected to rise in Asia Pacific due to the rapid urbanization and growth in industrialization sector.

Global Homogeneous Conveyor Belt Market Trends

On the basis of types, the homogenous conveyor belts market is segmented into thermoplastic polyester elastomer (TPE), thermoplastic polyurethane (TPU), polyvinyl chloride (PVC) and others. The thermoplastic polyester elastomer (TPE) segment accounts for a major share of the market; however, the thermoplastic polyurethane (TPU) segment is anticipated to expand at a high CAGR during the forecast period.
TPE has properties of conventional thermoplastic and rubber. Its elastic recovery and flexibility property are similar to that of rubber; however, its processability is much better than that of rubber. Moreover, it offers UV stability, weather resistance, heat resistance, and mechanical properties, which are better than conventional rubber; therefore, TPE is ideal in various industries such as textiles, food & beverage, and heavy-duty metal transfers.
The use of TPU in the homogenous conveyor belt is the industries is increasing, as it is environment-friendly, fully recyclable, and biodegradable, which is a suitable alternative for PVC and other polymers. Additionally, the use of TPU in conveyor belts is increasing as it can withstand extreme temperatures without warping and melting.

Homogeneous Conveyor Belt Market Report Attribute

Report Attribute	Report Details
Report Title	Homogeneous Conveyor Belt Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historical Data	2016–2021
Forecast Year	2023–2031
Growth Rate	4.5%
Market Value in 2019	USD 2,279.5 Mn
Regional scope	By Region (North America, Europe, Asia Pacific, Latin America, Middle East & Asia)
Segments covered	By Type (Thermoplastic Polyester Elastomer (TPE), Thermoplastic Polyurethane (TPU), Polyvinyl Chloride, Other), By Application (Automotive, Food & Beverage, Chemical, Packaging, Agriculture, Paper and Printing, Other)
Key Companies Profiled	Ammeraal Beltech, Chiorino S.p.A., ContiTech AG, Esbelt, Forbo Movement Systems, Habasit, Intralox, Mafdel, MEGADYNE S.P.A, NITTA Corporation, REVEYRON SAS, Sparks Belting, Volta Belting, Yong li

Segments

Types

Thermoplastic Polyester Elastomer (TPE)
Thermoplastic Polyurethane (TPU)
Polyvinyl Chloride
Other

Applications

Automotive
Food & Beverage
Chemical
Packaging
Agriculture
Paper and Printing
Other

Keyplayers

Ammeraal Beltech
Chiorino S.p.A.
ContiTech AG
Esbelt
Forbo Movement Systems
Habasit
Intralox
Mafdel
MEGADYNE S.P.A
NITTA Corporation
REVEYRON SAS
Sparks Belting
Volta Belt

Competitive Landscape

Key players competing in the global homogenous conveyor belt market are Ammeraal Beltech,Chiorino S.p.A.,ContiTech AG,Esbelt,Forbo Movement Systems,Habasit,Intralox,Mafdel,MEGADYNE S.P.A,NITTA Corporation,REVEYRON SAS,Sparks Belting,Volta Belt.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Homogeneous Conveyor Belt Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Homogeneous Conveyor Belt Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Homogeneous Conveyor Belt Market - Supply Chain
  4.5. Global Homogeneous Conveyor Belt Market Forecast
     4.5.1. Homogeneous Conveyor Belt Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Homogeneous Conveyor Belt Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Homogeneous Conveyor Belt Market Absolute $ Opportunity
5. Global Homogeneous Conveyor Belt Market Analysis and Forecast by Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Homogeneous Conveyor Belt Market Size and Volume Forecast by Types
     5.3.1. Thermoplastic Polyester Elastomer (TPE)
     5.3.2. Thermoplastic Polyurethane (TPU)
     5.3.3. Polyvinyl Chloride
     5.3.4. Other
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Homogeneous Conveyor Belt Market Analysis and Forecast by Applications
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Applications
     6.2.2. Y-o-Y Growth Projections by Applications
  6.3. Homogeneous Conveyor Belt Market Size and Volume Forecast by Applications
     6.3.1. Automotive
     6.3.2. Food & Beverage
     6.3.3. Chemical
     6.3.4. Packaging
     6.3.5. Agriculture
     6.3.6. Paper and Printing
     6.3.7. Other
  6.4. Absolute $ Opportunity Assessment by Applications
  6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Homogeneous Conveyor Belt Market Analysis and Forecast by Region
  7.1. Market Trends
  7.2. Introduction
     7.2.1. Basis Point Share (BPS) Analysis by Region
     7.2.2. Y-o-Y Growth Projections by Region
  7.3. Homogeneous Conveyor Belt Market Size and Volume Forecast by Region
     7.3.1. North America
     7.3.2. Latin America
     7.3.3. Europe
     7.3.4. Asia Pacific
     7.3.5. Middle East and Africa (MEA)
  7.4. Absolute $ Opportunity Assessment by Region
  7.5. Market Attractiveness/Growth Potential Analysis by Region
  7.6. Global Homogeneous Conveyor Belt Demand Share Forecast, 2019-2026
8. North America Homogeneous Conveyor Belt Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
  8.2. North America Homogeneous Conveyor Belt Market Size and Volume Forecast by Country
     8.2.1. U.S.
     8.2.2. Canada
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. North America Homogeneous Conveyor Belt Market Size and Volume Forecast by Types
     8.4.1. Thermoplastic Polyester Elastomer (TPE)
     8.4.2. Thermoplastic Polyurethane (TPU)
     8.4.3. Polyvinyl Chloride
     8.4.4. Other
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. North America Homogeneous Conveyor Belt Market Size and Volume Forecast by Applications
     8.7.1. Automotive
     8.7.2. Food & Beverage
     8.7.3. Chemical
     8.7.4. Packaging
     8.7.5. Agriculture
     8.7.6. Paper and Printing
     8.7.7. Other
  8.8. Basis Point Share (BPS) Analysis by Applications
  8.9. Y-o-Y Growth Projections by Applications
  8.10. Market Attractiveness/Growth Potential Analysis
     8.10.1. By Country
     8.10.2. By Product Type
     8.10.3. By Application
  8.11. North America Homogeneous Conveyor Belt Demand Share Forecast, 2019-2026
9. Latin America Homogeneous Conveyor Belt Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Latin America Average Pricing Analysis
  9.2. Latin America Homogeneous Conveyor Belt Market Size and Volume Forecast by Country
      9.2.1. Brazil
      9.2.2. Mexico
      9.2.3. Rest of Latin America
   9.3. Absolute $ Opportunity Assessment by Country
  9.4. Latin America Homogeneous Conveyor Belt Market Size and Volume Forecast by Types
     9.4.1. Thermoplastic Polyester Elastomer (TPE)
     9.4.2. Thermoplastic Polyurethane (TPU)
     9.4.3. Polyvinyl Chloride
     9.4.4. Other
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Latin America Homogeneous Conveyor Belt Market Size and Volume Forecast by Applications
     9.7.1. Automotive
     9.7.2. Food & Beverage
     9.7.3. Chemical
     9.7.4. Packaging
     9.7.5. Agriculture
     9.7.6. Paper and Printing
     9.7.7. Other
  9.8. Basis Point Share (BPS) Analysis by Applications
  9.9. Y-o-Y Growth Projections by Applications
  9.10. Market Attractiveness/Growth Potential Analysis
     9.10.1. By Country
     9.10.2. By Product Type
     9.10.3. By Application
  9.11. Latin America Homogeneous Conveyor Belt Demand Share Forecast, 2019-2026
10. Europe Homogeneous Conveyor Belt Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Europe Average Pricing Analysis
  10.2. Europe Homogeneous Conveyor Belt Market Size and Volume Forecast by Country
     10.2.1. Germany
     10.2.2. France
     10.2.3. Italy
     10.2.4. U.K.
     10.2.5. Spain
     10.2.6. Russia
     10.2.7. Rest of Europe
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Europe Homogeneous Conveyor Belt Market Size and Volume Forecast by Types
     10.4.1. Thermoplastic Polyester Elastomer (TPE)
     10.4.2. Thermoplastic Polyurethane (TPU)
     10.4.3. Polyvinyl Chloride
     10.4.4. Other
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Europe Homogeneous Conveyor Belt Market Size and Volume Forecast by Applications
     10.7.1. Automotive
     10.7.2. Food & Beverage
     10.7.3. Chemical
     10.7.4. Packaging
     10.7.5. Agriculture
     10.7.6. Paper and Printing
     10.7.7. Other
  10.8. Basis Point Share (BPS) Analysis by Applications
  10.9. Y-o-Y Growth Projections by Applications
  10.10. Market Attractiveness/Growth Potential Analysis
     10.10.1. By Country
     10.10.2. By Product Type
     10.10.3. By Application
  10.11. Europe Homogeneous Conveyor Belt Demand Share Forecast, 2019-2026
11. Asia Pacific Homogeneous Conveyor Belt Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Asia Pacific Average Pricing Analysis
  11.2. Asia Pacific Homogeneous Conveyor Belt Market Size and Volume Forecast by Country
     11.2.1. China
     11.2.2. Japan
     11.2.3. South Korea
     11.2.4. India
     11.2.5. Australia
     11.2.6. Rest of Asia Pacific (APAC)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Asia Pacific Homogeneous Conveyor Belt Market Size and Volume Forecast by Types
     11.4.1. Thermoplastic Polyester Elastomer (TPE)
     11.4.2. Thermoplastic Polyurethane (TPU)
     11.4.3. Polyvinyl Chloride
     11.4.4. Other
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Asia Pacific Homogeneous Conveyor Belt Market Size and Volume Forecast by Applications
     11.7.1. Automotive
     11.7.2. Food & Beverage
     11.7.3. Chemical
     11.7.4. Packaging
     11.7.5. Agriculture
     11.7.6. Paper and Printing
     11.7.7. Other
  11.8. Basis Point Share (BPS) Analysis by Applications
  11.9. Y-o-Y Growth Projections by Applications
  11.10. Market Attractiveness/Growth Potential Analysis
     11.10.1. By Country
     11.10.2. By Product Type
     11.10.3. By Application
  11.11. Asia Pacific Homogeneous Conveyor Belt Demand Share Forecast, 2019-2026
12. Middle East & Africa Homogeneous Conveyor Belt Market Analysis and Forecast
  12.1. Introduction
     12.1.1. Basis Point Share (BPS) Analysis by Country
     12.1.2. Y-o-Y Growth Projections by Country
     12.1.3. Middle East & Africa Average Pricing Analysis
  12.2. Middle East & Africa Homogeneous Conveyor Belt Market Size and Volume Forecast by Country
     12.2.1. Saudi Arabia
     12.2.2. South Africa
     12.2.3. UAE
     12.2.4. Rest of Middle East & Africa (MEA)
  12.3. Absolute $ Opportunity Assessment by Country
  12.4. Middle East & Africa Homogeneous Conveyor Belt Market Size and Volume Forecast by Types
     12.4.1. Thermoplastic Polyester Elastomer (TPE)
     12.4.2. Thermoplastic Polyurethane (TPU)
     12.4.3. Polyvinyl Chloride
     12.4.4. Other
  12.5. Basis Point Share (BPS) Analysis by Types
  12.6. Y-o-Y Growth Projections by Types
  12.7. Middle East & Africa Homogeneous Conveyor Belt Market Size and Volume Forecast by Applications
     12.7.1. Automotive
     12.7.2. Food & Beverage
     12.7.3. Chemical
     12.7.4. Packaging
     12.7.5. Agriculture
     12.7.6. Paper and Printing
     12.7.7. Other
  12.8. Basis Point Share (BPS) Analysis by Applications
  12.9. Y-o-Y Growth Projections by Applications
  12.10. Market Attractiveness/Growth Potential Analysis
     12.10.1. By Country
     12.10.2. By Product Type
     12.10.3. By Application
  12.11. Middle East & Africa Homogeneous Conveyor Belt Demand Share Forecast, 2019-2026
13. Competition Landscape
  13.1. Global Homogeneous Conveyor Belt Market: Market Share Analysis
  13.2. Homogeneous Conveyor Belt Distributors and Customers
  13.3. Homogeneous Conveyor Belt Market: Competitive Dashboard
  13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     13.4.1. Ammeraal Beltech
     13.4.2. Chiorino S.p.A.
     13.4.3. ContiTech AG
     13.4.4. Esbelt
     13.4.5. Forbo Movement Systems
     13.4.6. Habasit
     13.4.7. Intralox
     13.4.8. Mafdel
     13.4.9. MEGADYNE S.P.A
     13.4.10. NITTA Corporation
     13.4.11. REVEYRON SAS
     13.4.12. Sparks Belting
     13.4.13. Volta Belt

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