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Conveyor and Drive Belt Market Global Market

Conveyor and Drive Belt Market Global Market

Global Conveyor and Drive Belt Market Research Report 2025

This report on the global conveyor and drive belt market research report 2025 offers a comprehensive analysis of market size, growth drivers, emerging trends, region

Pages: 210

Format: PDF

Date: 12-2025

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Global Conveyor and Drive Belt Market –Overview

Chem Reports estimates that the global Conveyor and Drive Belt market was valued at USD xxxx in 2024 and is projected to reach USD xxxx by 2035, growing at a CAGR of xx% during the forecast period 2025–2035.

Conveyor and drive belts are critical mechanical components used for material handling, power transmission, and motion control across a wide range of industries. Conveyor belts are primarily deployed for continuous material transport, while drive belts transmit mechanical power between rotating shafts in machinery and equipment.

Market growth is driven by rapid industrialization, expansion of manufacturing and logistics infrastructure, increasing automation in production facilities, and rising investments in mining, construction, and bulk material handling. Continuous innovation in belt materials, reinforcement technologies, and energy-efficient designs is enhancing durability, performance, and application flexibility.

Impact of COVID-19 on the Conveyor and Drive Belt Market

The COVID-19 pandemic had a short-term negative impact on the market in 2020 due to industrial shutdowns, halted construction activities, and disruptions in global supply chains. Demand from mining, cement, automotive, and heavy manufacturing sectors declined temporarily.

However, recovery was supported by the resumption of industrial operations, acceleration of warehouse automation, growth in e-commerce logistics, and renewed infrastructure investments. Post-pandemic, demand for conveyor and drive belts has stabilized at higher levels due to increased focus on automation, efficiency, and supply chain resilience.

Market Segmentation Analysis

By Type

Conveyor Belt
Conveyor belts represent the larger share of the market and are widely used in mining, cement, power generation, food processing, logistics, and manufacturing. These belts are designed for heavy loads, long-distance transport, and continuous operation, with materials ranging from rubber and PVC to modular plastic and metal-reinforced belts.

Drive Belt
Drive belts are used for power transmission in industrial machinery, automotive systems, agricultural equipment, and HVAC systems. Common types include V-belts, timing belts, and flat belts, offering efficiency, flexibility, and low maintenance in mechanical power transfer.

By Application

Civil Application
Includes construction, infrastructure projects, airports, and public utilities where conveyor systems are used for material movement, baggage handling, and bulk transport.

Industrial Application
This is the dominant application segment, covering mining, cement, steel, automotive, food & beverage, packaging, and logistics. Increasing factory automation and material handling requirements strongly support demand.

Other Applications
Includes agriculture, warehousing, ports, recycling facilities, and specialized machinery where belts are used for sorting, conveying, and mechanical transmission.

Competitive Landscape – Key Players

The global Conveyor and Drive Belt market is highly competitive and moderately fragmented, with multinational manufacturers and strong regional players competing on product quality, material innovation, customization capability, and service support.

Key players include:

  • Habasit – Global leader offering conveyor and power transmission belts for diverse industries.
  • Ammeraal Beltech – Known for modular, synthetic, and specialty conveyor belts.
  • Forbo Siegling – Strong presence in industrial and logistics conveyor solutions.
  • Intralox – Pioneer in modular plastic conveyor belt technology.
  • Volta Belting – Focuses on hygienic belts for food processing.
  • Derco – Supplies heavy-duty belts for mining and industrial use.
  • Bando – Strong in automotive and industrial drive belts.
  • Mitsuboshi – Known for precision drive belts.
  • Nitta – Supplies conveyor and transmission belts globally.
  • CHIORINO – Offers high-performance conveyor belts.
  • Gates – Global leader in drive belts and industrial solutions.
  • Dayco – Supplies belts for automotive and industrial markets.
  • YongLi – Serves fast-growing Asian markets with cost-effective solutions.
  • SANLUX – Regional supplier of conveyor and drive belts.

Regional Analysis

North America

North America is a mature market supported by strong demand from mining, logistics, food processing, and manufacturing industries. Increasing automation, replacement demand, and focus on energy-efficient systems sustain market growth.

Europe

Europe shows stable demand driven by industrial automation, advanced manufacturing, and strict safety and efficiency standards. Germany, France, and the U.K. are key contributors, with strong adoption of high-performance conveyor and drive belts.

Asia-Pacific

Asia-Pacific is the largest and fastest-growing region, led by China, India, Japan, and Southeast Asia. Rapid industrialization, expansion of manufacturing capacity, infrastructure development, and mining activities significantly boost demand.

South America

Growth in South America is supported by mining, cement production, agriculture, and infrastructure development, particularly in Brazil and Argentina.

Middle East & Africa

The Middle East & Africa market is driven by mining, oil & gas projects, construction activities, and growing investments in industrial infrastructure.

Strategic Outlook

The Conveyor and Drive Belt market is expected to witness steady, automation-driven growth through 2035, supported by industrial expansion, logistics modernization, and infrastructure development. Competitive advantage will increasingly depend on material innovation, application-specific solutions, predictive maintenance support, and global service networks.

1 — DRTO (Drivers, Restraints, Trends & Opportunities)

Drivers

  • Industrial automation & logistics expansion — rising adoption of conveyor systems in warehousing, e-commerce fulfilment centers, and automated manufacturing lines.
  • Infrastructure and mining growth — expanding bulk-material handling for mining, cement, ports and construction.
  • Replacement & maintenance cycles — predictable, recurring demand from service and MRO activity.
  • Material & design improvements — advanced polymers, fabric reinforcements and modular designs that extend life and reduce downtime.
  • Energy-efficiency and lifecycle cost focus — buyers prioritise energy-efficient drive solutions and belts with longer service lives to reduce TCO.

Restraints

  • Raw-material volatility — rubber, polymer compounds and textile reinforcements subject to price and supply swings.
  • High fragmentation in replacement markets — many small local suppliers drive price pressure and thin margins.
  • Technical complexity for specialised applications — high-spec belts (high-temperature, oil-resistant, food-grade) require certification and capital investment.
  • Competition from alternative technologies — e.g., roller conveyors, pneumatic transport or direct-drive solutions in specific niches.

Trends

  • Modular plastic belts & hygienic designs — rising in food, pharma and FMCG for easy cleaning and contamination control.
  • Predictive maintenance & IoT-enabled monitoring — condition monitoring of belts and drives to reduce unplanned downtime.
  • Lightweight, high-strength composites — to reduce energy consumption and improve durability.
  • Regional nearshoring — customers locate supply closer to plants to shorten lead times and reduce logistics risk.
  • Growing aftermarket services — retreading, scheduled replacements and supply contracts as recurring revenue streams.

Opportunities

  • E-commerce & automated warehouses — scalable conveyor deployments and retrofits.
  • High-margin specialty segments — food-grade, heat-resistant, anti-static and flame-retardant belts.
  • Service-led business models — VMI, long-term service agreements, predictive maintenance subscriptions.
  • Consolidation play — roll-ups of regional suppliers to capture scale, standardize quality and expand geographic coverage.
  • Sustainability differentiation — recyclable materials and lower-energy drive systems as commercial advantages.

2 — SWOT Analysis (Selected Key Players)

Short profiles focused on strategy implications (strengths/opportunities to exploit; weaknesses/threats to mitigate).

Habasit

  • Strengths: Broad product range (conveyor + transmission), global footprint, strong service & technical support.
  • Weaknesses: Premium pricing in price-sensitive regions.
  • Opportunities: Expand IoT-based monitoring services and food/pharma certified product lines.
  • Threats: Regional low-cost manufacturers competing on price and lead time.

Ammeraal Beltech

  • Strengths: Modular and textile belts expertise; strong aftermarket presence.
  • Weaknesses: Dependence on industrial markets with cyclical demand.
  • Opportunities: Leverage modular belts for automation & packaging sectors.
  • Threats: Substitutes (plastic modulars from specialized players) and raw-material cost rises.

Forbo-Siegling

  • Strengths: Engineering competence for heavy-duty and special-purpose belts; global reach.
  • Weaknesses: Complexity of product portfolio requires high service overhead.
  • Opportunities: Expand in high-growth APAC manufacturing and infrastructure projects.
  • Threats: Aggressive pricing from local competitors.

Intralox

  • Strengths: Market leader in modular plastic belts with strong food-industry adoption.
  • Weaknesses: Higher per-unit cost vs traditional belts; needs education for retrofit value.
  • Opportunities: New hygienic/antimicrobial belt variants and conveyor system integration.
  • Threats: Local replication of modular designs; IP and cost pressures.

Gates

  • Strengths: Leading position in power-transmission belts, strong OEM relationships.
  • Weaknesses: Less focused on large-scale conveyor belting.
  • Opportunities: Cross-sell drive-products into conveyor retrofit projects; digital tensioning solutions.
  • Threats: Margin compression if raw-material costs spike.

Nitta / Mitsuboshi / Bando (Japanese manufacturers)

  • Strengths: High precision manufacturing and strong reputation for reliability.
  • Weaknesses: Higher manufacturing costs relative to some Asian competitors.
  • Opportunities: Premium industrial and precision drive applications (robotics, printing, semiconductor).
  • Threats: Lower-cost competition and shifting manufacturing footprint.

Regional / Chinese players (YongLi, Wuxi Shun Sheng, etc.)

  • Strengths: Low-cost manufacture, rapid delivery, local market penetration.
  • Weaknesses: Perceived quality gaps in some high-spec segments.
  • Opportunities: Capture growing domestic manufacturing demand and export to neighbouring markets.
  • Threats: Pressure from global standards and need for certifications to enter premium markets.

3 — Porter’s Five Forces

  • Threat of New Entrants — Medium. Capital for extrusion and fabrication lines is moderate; brand, distribution and technical approvals create barriers but regional entrants can appear quickly.
  • Bargaining Power of Suppliers — Medium. Feedstock for belts (rubber, polyester/aramid cords, engineering plastics) is commoditized but price volatility and specialized raw materials raise supplier influence.
  • Bargaining Power of Buyers — High. Large OEMs, mining groups and logistics integrators buy at scale and specify performance, certification and service; switching costs are moderate.
  • Threat of Substitutes — Medium. Alternatives exist (rollers, chain conveyors, pneumatic) for certain flows; modular plastics substitute for some rubber belts.
  • Competitive Rivalry — High. Market features global leaders, strong regional players and many local suppliers competing on price, lead time, product breadth and service.

Strategic implication: differentiation via service (MRO/VMI), certified specialty products, and integrated digital offerings materially reduces buyer power and rivalry exposure.

4 — Competitive Positioning Matrix

Player Type

Core Strength

Target Customers

Strategic Play

Global full-line suppliers (Habasit, Ammeraal, Forbo)

Global distribution, product breadth, engineering

Multinationals, OEMs, large integrators

Compete on quality, reliability, integrated service

Modular/plastic specialists (Intralox)

Hygienic designs, modularity

Food, beverage, pharma

Premium, system-oriented solutions

Power-transmission specialists (Gates, Bando)

Drive belt tech, OEM ties

Automotive, industrial OEMs

Cross-sell and integrate drive solutions

Precision & high-spec (Nitta, Mitsuboshi)

High-quality precision belts

Semicon, printing, robotics

Premium niche, long-term contracts

Regional / low-cost manufacturers

Cost and lead-time advantage

Local FMCG, small industrial users

Volume play, local service speed

5 — Investor-Focused Executive Summary

Market thesis

The Conveyor & Drive Belt market is a stable, replacement-driven industrial market with cyclical overlays from manufacturing and infrastructure investment. Growth through 2035 will be anchored in automation, e-commerce logistics, mining and infrastructure, and by recurring aftermarket revenue (MRO, retreads, scheduled replacements).

Growth outlook & value pools

  • Core belts (rubber/textile): steady replacement demand and large volume; margin moderate.
  • Modular & hygienic belts: premium growth driven by food/pharma automation.
  • Drive belts & precision timing belts: solid margins where OEM specifications and precision matter.
  • Service & digital: highest margin expansion opportunity — predictive maintenance subscriptions, VMI, retreading.

Investment rationale

  • Defensive demand profile: Industrial replacement cycles and MRO present recurring cash flows.
  • Tech-enabled premiumization: IoT-enabled belt-monitoring and high-spec modular belts unlock differentiated pricing.
  • Consolidation opportunity: fragmented regional supplier base — roll-ups can create scale, standardize quality and lift margins.
  • Geographic growth vector: APAC (China, India, Southeast Asia) and LATAM provide the largest incremental demand tailwinds.

Key risks

  • Raw-material price spikes (rubber, polymers).
  • Rapid automation technology shifts that reduce belt usage in niche applications.
  • Intense price competition in low-margin replacement segments.

Recommended investor actions

  1. Platform buy-and-build targeting regional leaders with strong aftermarket footprints.
  2. Invest in service & digital (sensors, analytics, VMI) to convert commodity sales into recurring revenue.
  3. Target niche premium manufacturers (modular plastics, high-temp/high-tensile belts) for margin resilience.
  4. Hedge raw-material exposure or secure long-term supply contracts to stabilize margins.
  5. Geographic expansion into APAC and LATAM via local partnerships or acquisitions.

 

1. Market Overview of Conveyor and Drive Belt Market
    1.1 Conveyor and Drive Belt Market Market Overview
        1.1.1 Conveyor and Drive Belt Market Product Scope
        1.1.2 Market Status and Outlook
    1.2 Conveyor and Drive Belt Market Market Size by Regions:
    1.3 Conveyor and Drive Belt Market Historic Market Size by Regions
    1.4 Conveyor and Drive Belt Market Forecasted Market Size by Regions
    1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth
        1.5.1 North America
        1.5.2 East Asia
        1.5.3 Europe
        1.5.4 South Asia
        1.5.5 Southeast Asia
        1.5.6 Middle East
        1.5.7 Africa
        1.5.8 Oceania
        1.5.9 South America
        1.5.10 Rest of the World
    1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth
        1.6.1 Covid-19 Impact: Global GDP Growth,  Projections
        1.6.2 Covid-19 Impact: Commodity Prices Indices
        1.6.3 Covid-19 Impact: Global Major Government Policy
2. Covid-19 Impact Conveyor and Drive Belt Market Sales Market by Type
    2.1 Global Conveyor and Drive Belt Market Historic Market Size by Type
    2.2 Global Conveyor and Drive Belt Market Forecasted Market Size by Type
    2.3 Conveyor Belt
    2.4 Drive Belt
3. Covid-19 Impact Conveyor and Drive Belt Market Sales Market by Application
    3.1 Global Conveyor and Drive Belt Market Historic Market Size by Application
    3.2 Global Conveyor and Drive Belt Market Forecasted Market Size by Application
    3.3 Civil Application
    3.4 Industrial Application
    3.5 Other Applications
4. Covid-19 Impact Market Competition by Manufacturers
    4.1 Global Conveyor and Drive Belt Market Production Capacity Market Share by Manufacturers
    4.2 Global Conveyor and Drive Belt Market Revenue Market Share by Manufacturers
    4.3 Global Conveyor and Drive Belt Market Average Price by Manufacturers
5. Company Profiles and Key Figures in Conveyor and Drive Belt Market Business
    5.1 Habasit
        5.1.1 Habasit Company Profile
        5.1.2 Habasit Conveyor and Drive Belt Market Product Specification
        5.1.3 Habasit Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.2 Ammeraal Beltech
        5.2.1 Ammeraal Beltech Company Profile
        5.2.2 Ammeraal Beltech Conveyor and Drive Belt Market Product Specification
        5.2.3 Ammeraal Beltech Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.3 Forbo-Siegling
        5.3.1 Forbo-Siegling Company Profile
        5.3.2 Forbo-Siegling Conveyor and Drive Belt Market Product Specification
        5.3.3 Forbo-Siegling Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.4 Sampla
        5.4.1 Sampla Company Profile
        5.4.2 Sampla Conveyor and Drive Belt Market Product Specification
        5.4.3 Sampla Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.5 Intralox
        5.5.1 Intralox Company Profile
        5.5.2 Intralox Conveyor and Drive Belt Market Product Specification
        5.5.3 Intralox Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.6 Volta Belting
        5.6.1 Volta Belting Company Profile
        5.6.2 Volta Belting Conveyor and Drive Belt Market Product Specification
        5.6.3 Volta Belting Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.7 Derco
        5.7.1 Derco Company Profile
        5.7.2 Derco Conveyor and Drive Belt Market Product Specification
        5.7.3 Derco Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.8 Veyance Technologies
        5.8.1 Veyance Technologies Company Profile
        5.8.2 Veyance Technologies Conveyor and Drive Belt Market Product Specification
        5.8.3 Veyance Technologies Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.9 Esbelt
        5.9.1 Esbelt Company Profile
        5.9.2 Esbelt Conveyor and Drive Belt Market Product Specification
        5.9.3 Esbelt Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.10 Bando
        5.10.1 Bando Company Profile
        5.10.2 Bando Conveyor and Drive Belt Market Product Specification
        5.10.3 Bando Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.11 Mitsuboshi
        5.11.1 Mitsuboshi Company Profile
        5.11.2 Mitsuboshi Conveyor and Drive Belt Market Product Specification
        5.11.3 Mitsuboshi Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.12 Nitta
        5.12.1 Nitta Company Profile
        5.12.2 Nitta Conveyor and Drive Belt Market Product Specification
        5.12.3 Nitta Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.13 MARTENS
        5.13.1 MARTENS Company Profile
        5.13.2 MARTENS Conveyor and Drive Belt Market Product Specification
        5.13.3 MARTENS Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.14 CHIORINO
        5.14.1 CHIORINO Company Profile
        5.14.2 CHIORINO Conveyor and Drive Belt Market Product Specification
        5.14.3 CHIORINO Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.15 Sparks
        5.15.1 Sparks Company Profile
        5.15.2 Sparks Conveyor and Drive Belt Market Product Specification
        5.15.3 Sparks Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.16 YongLi
        5.16.1 YongLi Company Profile
        5.16.2 YongLi Conveyor and Drive Belt Market Product Specification
        5.16.3 YongLi Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.17 Wuxi Shun Sheng
        5.17.1 Wuxi Shun Sheng Company Profile
        5.17.2 Wuxi Shun Sheng Conveyor and Drive Belt Market Product Specification
        5.17.3 Wuxi Shun Sheng Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.18 Beltar
        5.18.1 Beltar Company Profile
        5.18.2 Beltar Conveyor and Drive Belt Market Product Specification
        5.18.3 Beltar Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.19 LIAN DA
        5.19.1 LIAN DA Company Profile
        5.19.2 LIAN DA Conveyor and Drive Belt Market Product Specification
        5.19.3 LIAN DA Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.20 Jiangyin TianGuang
        5.20.1 Jiangyin TianGuang Company Profile
        5.20.2 Jiangyin TianGuang Conveyor and Drive Belt Market Product Specification
        5.20.3 Jiangyin TianGuang Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.21 Shanghai Beiwen
        5.21.1 Shanghai Beiwen Company Profile
        5.21.2 Shanghai Beiwen Conveyor and Drive Belt Market Product Specification
        5.21.3 Shanghai Beiwen Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.22 Gates
        5.22.1 Gates Company Profile
        5.22.2 Gates Conveyor and Drive Belt Market Product Specification
        5.22.3 Gates Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.23 Dayco
        5.23.1 Dayco Company Profile
        5.23.2 Dayco Conveyor and Drive Belt Market Product Specification
        5.23.3 Dayco Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
    5.24 SANLUX
        5.24.1 SANLUX Company Profile
        5.24.2 SANLUX Conveyor and Drive Belt Market Product Specification
        5.24.3 SANLUX Conveyor and Drive Belt Market Production Capacity, Revenue, Price and Gross Margin
6. North America
    6.1 North America Conveyor and Drive Belt Market Market Size
    6.2 North America Conveyor and Drive Belt Market Key Players in North America
    6.3 North America Conveyor and Drive Belt Market Market Size by Type
    6.4 North America Conveyor and Drive Belt Market Market Size by Application
7. East Asia
    7.1 East Asia Conveyor and Drive Belt Market Market Size
    7.2 East Asia Conveyor and Drive Belt Market Key Players in North America
    7.3 East Asia Conveyor and Drive Belt Market Market Size by Type
    7.4 East Asia Conveyor and Drive Belt Market Market Size by Application
8. Europe
    8.1 Europe Conveyor and Drive Belt Market Market Size
    8.2 Europe Conveyor and Drive Belt Market Key Players in North America
    8.3 Europe Conveyor and Drive Belt Market Market Size by Type
    8.4 Europe Conveyor and Drive Belt Market Market Size by Application
9. South Asia
    9.1 South Asia Conveyor and Drive Belt Market Market Size
    9.2 South Asia Conveyor and Drive Belt Market Key Players in North America
    9.3 South Asia Conveyor and Drive Belt Market Market Size by Type
    9.4 South Asia Conveyor and Drive Belt Market Market Size by Application
10. Southeast Asia
    10.1 Southeast Asia Conveyor and Drive Belt Market Market Size
    10.2 Southeast Asia Conveyor and Drive Belt Market Key Players in North America
    10.3 Southeast Asia Conveyor and Drive Belt Market Market Size by Type
    10.4 Southeast Asia Conveyor and Drive Belt Market Market Size by Application
11. Middle East
    11.1 Middle East Conveyor and Drive Belt Market Market Size
    11.2 Middle East Conveyor and Drive Belt Market Key Players in North America
    11.3 Middle East Conveyor and Drive Belt Market Market Size by Type
    11.4 Middle East Conveyor and Drive Belt Market Market Size by Application
12. Africa
    12.1 Africa Conveyor and Drive Belt Market Market Size
    12.2 Africa Conveyor and Drive Belt Market Key Players in North America
    12.3 Africa Conveyor and Drive Belt Market Market Size by Type
    12.4 Africa Conveyor and Drive Belt Market Market Size by Application
13. Oceania
    13.1 Oceania Conveyor and Drive Belt Market Market Size
    13.2 Oceania Conveyor and Drive Belt Market Key Players in North America
    13.3 Oceania Conveyor and Drive Belt Market Market Size by Type
    13.4 Oceania Conveyor and Drive Belt Market Market Size by Application
14. South America
    14.1 South America Conveyor and Drive Belt Market Market Size
    14.2 South America Conveyor and Drive Belt Market Key Players in North America
    14.3 South America Conveyor and Drive Belt Market Market Size by Type
    14.4 South America Conveyor and Drive Belt Market Market Size by Application
15. Rest of the World
    15.1 Rest of the World Conveyor and Drive Belt Market Market Size
    15.2 Rest of the World Conveyor and Drive Belt Market Key Players in North America
    15.3 Rest of the World Conveyor and Drive Belt Market Market Size by Type
    15.4 Rest of the World Conveyor and Drive Belt Market Market Size by Application
16 Conveyor and Drive Belt Market Market Dynamics
    16.1 Covid-19 Impact Market Top Trends
    16.2 Covid-19 Impact Market Drivers
    16.3 Covid-19 Impact Market Challenges
    16.4 Porter?s Five Forces Analysis
18 Regulatory Information
17 Analyst's Viewpoints/Conclusions
18 Appendix
    18.1 Research Methodology
        18.1.1 Methodology/Research Approach
        18.1.2 Data Source
    18.2 Disclaimer

Market Segmentation Analysis

By Type

Conveyor Belt
Conveyor belts represent the larger share of the market and are widely used in mining, cement, power generation, food processing, logistics, and manufacturing. These belts are designed for heavy loads, long-distance transport, and continuous operation, with materials ranging from rubber and PVC to modular plastic and metal-reinforced belts.

Drive Belt
Drive belts are used for power transmission in industrial machinery, automotive systems, agricultural equipment, and HVAC systems. Common types include V-belts, timing belts, and flat belts, offering efficiency, flexibility, and low maintenance in mechanical power transfer.

By Application

Civil Application
Includes construction, infrastructure projects, airports, and public utilities where conveyor systems are used for material movement, baggage handling, and bulk transport.

Industrial Application
This is the dominant application segment, covering mining, cement, steel, automotive, food & beverage, packaging, and logistics. Increasing factory automation and material handling requirements strongly support demand.

Other Applications
Includes agriculture, warehousing, ports, recycling facilities, and specialized machinery where belts are used for sorting, conveying, and mechanical transmission.

Competitive Landscape – Key Players

The global Conveyor and Drive Belt market is highly competitive and moderately fragmented, with multinational manufacturers and strong regional players competing on product quality, material innovation, customization capability, and service support.

Key players include:

  • Habasit – Global leader offering conveyor and power transmission belts for diverse industries.
  • Ammeraal Beltech – Known for modular, synthetic, and specialty conveyor belts.
  • Forbo Siegling – Strong presence in industrial and logistics conveyor solutions.
  • Intralox – Pioneer in modular plastic conveyor belt technology.
  • Volta Belting – Focuses on hygienic belts for food processing.
  • Derco – Supplies heavy-duty belts for mining and industrial use.
  • Bando – Strong in automotive and industrial drive belts.
  • Mitsuboshi – Known for precision drive belts.
  • Nitta – Supplies conveyor and transmission belts globally.
  • CHIORINO – Offers high-performance conveyor belts.
  • Gates – Global leader in drive belts and industrial solutions.
  • Dayco – Supplies belts for automotive and industrial markets.
  • YongLi – Serves fast-growing Asian markets with cost-effective solutions.
  • SANLUX – Regional supplier of conveyor and drive belts.

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