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The global conveyor belt market is primarily driven by the significant expansion of the aviation and e-commerce industries.

SHERIDAN, WYOMING, UNITED STATES, September 9, 2022 /EINPresswire.com/ -- According to IMARC Group latest published report, titled “Conveyor Belt Market Share, Size, Growth, Opportunity and Forecast 2022-2027,” that The global conveyor belt market size reached US$ 6.33 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.77 Billion by 2027, exhibiting at a CAGR of 3.23% during 2022-2027.

Year Considered to Estimate the Market Size: Base Year of the Analysis: 2021 Historical Period: 2016-2021 Forecast Period: 2022-2027

Request for a sample copy of this report: https://www.imarcgroup.com/conveyor-belt-market/requestsample

A conveyor belt is made from rubber or plastic compounds, such as polyvinyl chloride (PVC), polyester, styrene-butadiene rubber, and nylon fabric. It is a material handling equipment that assists in transporting supplies, materials, and components efficiently and effortlessly.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

At present, the conveyor belt is extensively employed in the construction industry worldwide to transport construction materials and connect the broken equipment of different levels and production facilities. This, in confluence with the increasing construction activities worldwide, represents one of the major factors bolstering the market growth. In addition, the rising focus on the safety of commercial food products is catalyzing the demand for a conveyor belt to minimize human contact, reduce material handling time, and make food processing more efficient. Apart from this, leading players are introducing eco-friendly variants with self-cleaning properties. Such innovations are expected to propel the growth of the market in the coming years.

The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry.

Explore full report with table of contents: https://www.imarcgroup.com/conveyor-belt-market

Global Payment gateways Market Report Coverage and Industry Segmentation:

The report cover the below key market segments:

Medium-Weight Conveyor Belt Light-Weight Conveyor Belt Heavy-Weight Conveyor Belt

Mining and Metallurgy Manufacturing Chemicals, Oils and Gases Aviation Others

Asia Pacific Europe North America Middle East and Africa Latin America

o United States o Canada

o China o Japan o India o South Korea o Australia o Indonesia o Others

o Germany o France o United Kingdom o Italy o Spain o Russia o Others

o Brazil o Mexico o Others

Top 5 Conveyor Belt Manufacturers in The World - https://www.imarcgroup.com/conveyor-belt-manufacturers

Key highlights of the report:

Market Performance (2016-2021) Market Outlook (2022-2027) Market Trends Market Drivers and Success Factors Impact of COVID-19 Value Chain Analysis Comprehensive mapping of the competitive landscape

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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Elena Anderson IMARC Services Private Limited +1 631-791-1145 email us here

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