Press release
India Conveyor Belt Market Is Expected To Reach US$ 709.6 Million by 2028 - IMARC Group
According to the latest report by IMARC Group, titled "India Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," The India conveyor belt market size reached US$ 503.1 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 709.6 Million by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2023-2028.
Industry Definition and Application:
A conveyor belt is a mechanical strip that is used to move things in a variety of material handling activities. Controlling the product movement allows it to transport things in a straight line or across varied elevation angles or orientations. They are produced from polyvinyl chloride and a variety of other materials, including styrene-butadiene rubber, thermoplastics, nylon, polyesters, and so on. These belts are cost-effective, fire-resistant, and easy to use, and are widely used in a variety of industries, including chemical, manufacturing, aviation, and mining.
Request Free Sample Report: https://www.imarcgroup.com/india-conveyor-belt-market/requestsample
India Conveyor Belt Market Trends and Drivers:
The India conveyor belt market is primarily driven by rising industrialization levels and expanding infrastructure building activities. Aside from that, they are gaining popularity in the mining industry for transporting ores, concentrates, tailings, and other materials throughout the mining cycle. Furthermore, various product advancements, such as the creation of textile-reinforced and steel cord-reinforced belts, are propelling market expansion. Furthermore, the growing integration of the Industrial Internet of Things (IIoT) with connected devices for enhanced operational efficiency, profitability, safety, and so on is a growth driver. Furthermore, increased product utilisation in aircraft cabins for baggage handling and cargo transport, as well as in automobile production facilities for moving big engines, automobiles, and trucks, is expected to push the India conveyor market.
Report Segmentation:
The report has segmented the market on the basis on region, type, end use.
Breakup by Type:
Medium-Weight Conveyor Belt
Light-Weight Conveyor Belt
Heavy-Weight Conveyor Belt
Breakup by End Use:
Mining and Metallurgy
manufacturing
Chemicals, Oils and Gases
Aviation
others
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-conveyor-belt-market
Breakup by Region:
North India
West and Central India
South India
East India
Competitive Landscape with Key Player:
Oriental Rubber Industries Pvt. Ltd.
Somi Conveyor Beltings Ltd.
Fenner Conveyor Belting Pvt Ltd
Continental Belting Pvt. Ltd.
Pentagon Rubber Private Limited
Shriram Beltings India Private Limited
Mahajan Beltings Industrial Corporation India
Dynamic Rubbers Pvt Ltd.
Jaytex International
Ace Conveyor Solutions.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Contact Us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Industry Definition and Application:
A conveyor belt is a mechanical strip that is used to move things in a variety of material handling activities. Controlling the product movement allows it to transport things in a straight line or across varied elevation angles or orientations. They are produced from polyvinyl chloride and a variety of other materials, including styrene-butadiene rubber, thermoplastics, nylon, polyesters, and so on. These belts are cost-effective, fire-resistant, and easy to use, and are widely used in a variety of industries, including chemical, manufacturing, aviation, and mining.
Request Free Sample Report: https://www.imarcgroup.com/india-conveyor-belt-market/requestsample
India Conveyor Belt Market Trends and Drivers:
The India conveyor belt market is primarily driven by rising industrialization levels and expanding infrastructure building activities. Aside from that, they are gaining popularity in the mining industry for transporting ores, concentrates, tailings, and other materials throughout the mining cycle. Furthermore, various product advancements, such as the creation of textile-reinforced and steel cord-reinforced belts, are propelling market expansion. Furthermore, the growing integration of the Industrial Internet of Things (IIoT) with connected devices for enhanced operational efficiency, profitability, safety, and so on is a growth driver. Furthermore, increased product utilisation in aircraft cabins for baggage handling and cargo transport, as well as in automobile production facilities for moving big engines, automobiles, and trucks, is expected to push the India conveyor market.
Report Segmentation:
The report has segmented the market on the basis on region, type, end use.
Breakup by Type:
Medium-Weight Conveyor Belt
Light-Weight Conveyor Belt
Heavy-Weight Conveyor Belt
Breakup by End Use:
Mining and Metallurgy
manufacturing
Chemicals, Oils and Gases
Aviation
others
Ask Analyst and Browse Full Report with TOC & List of Figure: https://www.imarcgroup.com/india-conveyor-belt-market
Breakup by Region:
North India
West and Central India
South India
East India
Competitive Landscape with Key Player:
Oriental Rubber Industries Pvt. Ltd.
Somi Conveyor Beltings Ltd.
Fenner Conveyor Belting Pvt Ltd
Continental Belting Pvt. Ltd.
Pentagon Rubber Private Limited
Shriram Beltings India Private Limited
Mahajan Beltings Industrial Corporation India
Dynamic Rubbers Pvt Ltd.
Jaytex International
Ace Conveyor Solutions.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Related Reports By IMARC Group
Pet Furniture Market: https://www.imarcgroup.com/pet-furniture-market
Faucet Market: https://www.imarcgroup.com/faucet-market
Hair Weave Market: https://www.imarcgroup.com/hair-weave-market
Luxury Watch Market: https://www.imarcgroup.com/luxury-watch-market
Vegan Cosmetics Market: https://www.imarcgroup.com/vegan-cosmetics-market
Bicycle Market:https://www.imarcgroup.com/bicycle-market
Contact Us:
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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