Global Conveyor Belt Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $3,475	133 Pages	Evolve Business Intelligence	December, 2024	EVBI19414237

Best Price Guarantee
Price	from $3,475
Length	133 Pages
Publisher	Evolve Business Intelligence
Published Date	December, 2024
SKU	EVBI19414237

Global Conveyor Belt Market

Global Conveyor Belt Market By Type (Crescent, Floor, Overhead, Pallet, Roller), By Belt Type (Light-Weight Conveyor Belt, Medium-Weight Conveyor Belt, Heavy-Weight Conveyor Belt) By Material (Rubber, Plastic, Metals, Others), By End User (Mining, Food & Beverages, Chemicals, Cement, Steel, Oil and Gas, Aviation, Others) And By Geography – Covid-19 Impact Analysis, Post Covid Analysis, Opportunities, Trends And Forecast From 2020 to 2032

The Global Conveyor Belt Market was valued at $5.15 Billion in 2023 and is anticipated to grow at a CAGR of 4.92% from 2024 to 2034. This growth is attributed to several macro and microeconomic factors such as

Industrial Automation and Technological Advancements

The increasing adoption of industrial automation and technological advancements is a major driving force for the global conveyor belt market. Automation technologies, such as robotic systems and intelligent sensors, are being integrated into conveyor systems to improve efficiency, accuracy, and productivity. These advanced systems enable real-time monitoring, control, and optimization of conveyor operations, reducing labor costs and minimizing errors. Additionally, advancements in materials science and engineering have led to the development of more durable, flexible, and high-performance conveyor belts, capable of handling heavier loads and operating in harsher environments. These technological innovations are driving the demand for conveyor belts across various industries, including manufacturing, logistics, mining, and food processing.

Further several factors restraining the market growth include

Fluctuating Raw Material Costs

One of the significant challenges facing the global conveyor belt market is the fluctuating prices of raw materials. Conveyor belts are primarily manufactured using rubber, steel cord, and fabric, which are subject to price volatility due to factors such as global demand, supply chain disruptions, and geopolitical events. Fluctuations in raw material prices can directly impact the production costs of conveyor belts, making it difficult for manufacturers to maintain stable pricing and profit margins. This uncertainty can lead to price volatility in the market, potentially discouraging investments in new production facilities or technological advancements.

Growth in Automation and Industry 4.0 Integration and collaborations and alliances in the Conveyor Belt market are expected to generate higher avenues during the forecast period.

In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the Conveyor Belt market. The pandemic has caused a decline in new orders and a corresponding decrease in Typeion.

This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for Conveyor Belt.

In terms of COVID-19 impact, the Conveyor Belt market report also includes the following data points:

Impact on Conveyor Belt market size
Operating Weights Trend, Preferences, and Budget Impact
Regulatory Framework/Outdoor Policies
Key Players' Strategy to Tackle Negative Impact/Post-COVID Strategies
Opportunity in the Conveyor Belt market

Key Insight in the report:

The global Conveyor Belt market report covers an executive summary, market dynamics, COVID impact & post-COVID scenario, market size and forecast, competitive intelligence, market positioning, and End Users.

Our report covers extensive competitive intelligence which includes the following data points:

Business Overview
Business Segment Data
Financial Data
Type Segment Analysis and Specification
Recent Development and Company Strategy Analysis
SWOT Analysis

Conveyor Belt Market Segmentation:

Type
Crescent
Floor
Overhead
Pallet
Roller
Belt Type
Light-Weight Conveyor Belt
Medium-Weight Conveyor Belt
Heavy-Weight Conveyor Belt
Material
Rubber
Plastic
Metals
Others
End User
Mining
Food & Beverages
Chemicals
Cement
Steel
Oil and Gas
Aviation
Others

Region/ Countries Covered:

North America
US
Canada
Mexico
Europe
U.K.
Germany
France
Italy
Spain
BeNeLux
Russia
Rest of Europe
Asia Pacific
China
Japan
Australia
India
South Korea
Malaysia
Thailand
Indonesia
Philippines
Singapore
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Egypt
South Africa
Rest of Middle East & Africa

Key Players Analyzed in the Report:

Continental AG
Yokohama Rubber Co., Ltd.
Fenner Conveyors
Bando Chemical Industries, LTD.
Zhejiang Double Arrow Rubber Co., Ltd.
Intralox
Volta Belting Technology
Semperit AG Holding
Elcon Elastomers Pvt. Ltd.
Habasit
Mitsuboshi Belting Ltd
Ammeraal Beltech

CHAPTER 1. Executive Summary
CHAPTER 2. Scope of the Study: 2.1. Market Definition; 2.2. Market Scope & Segmentation; 2.2.1. Objective of Report
CHAPTER 3. Evolve BI Methodology: 3.1. Data Collection & Validation Approach; 3.2. Market Size Estimation and Forecast
CHAPTER 4. Market Insights and Trends: 4.1. Value Chain Analysis; 4.1.1. Raw Material; 4.1.2. Design and Manufacturing; 4.1.3. Assembly and Customization; 4.1.4. Distribution and Sales; 4.1.5. Installation and Maintenance; 4.1.6. End User; 4.2. Porter’s Five Forces Analysis; 4.2.1. Bargaining Power of Buyers; 4.2.2. Bargaining Power of Suppliers; 4.2.3. Threat of New Entrant; 4.2.4. Threat of Substitute; 4.2.5. Industry Rivalry
CHAPTER 5. Market Dynamics: 5.1. Introduction; 5.2. Drivers; 5.2.1. Industrial Automation and Technological Advancements; 5.2.2. Growth in E-commerce and Logistics; 5.3. Restraints; 5.3.1. Fluctuations in Raw Material Prices; 5.3.2. Environmental Concerns and Disposal Issues; 5.4. Opportunity; 5.4.1. Growth in Automation and Industry 4.0 Integration; 5.5. Macro-Economic Factor Analysis; 5.5.1. Economic Growth and Industrialization:; 5.5.2. Technological Advancements and Automation:; 5.5.3. Global Trade and Supply Chain Dynamics:; 5.5.4. Raw Material Prices and Cost of Production:; 5.5.5. Environmental and Regulatory Factors:; 5.5.6. Government Policies and Infrastructure Investments:
CHAPTER 6. Global Conveyor Belt Market, By Type: 6.1. Introduction; 6.1.1. Crescent; 6.1.2. Floor; 6.1.3. Overhead; 6.1.4. Pallet; 6.1.5. Roller
CHAPTER 7. Global Conveyor Belt Market, By Belt Type: 7.1. Introduction; 7.1.1. Light-Weight Conveyor Belt; 7.1.2. Medium-Weight Conveyor Belt; 7.1.3. Heavy-Weight Conveyor Belt
CHAPTER 8. Global Conveyor Belt Market, By Material: 8.1. Introduction; 8.1.1. Rubber; 8.1.2. Plastic; 8.1.3. Metals; 8.1.4. Others
CHAPTER 9. Global Conveyor Belt Market, By End User: 9.1. Introduction; 9.1.1. Mining; 9.1.2. Food & Beverages; 9.1.3. Chemicals; 9.1.4. Cement; 9.1.5. Steel; 9.1.6. Oils and Gas; 9.1.7. Aviation; 9.1.8. Others
CHAPTER 10. Global Conveyor Belt Market, By Region: 10.1. Introduction; 10.2. North America; 10.2.1. North America: Market Size and Forecast, By Country, 2021 – 2034 ($ Million); 10.2.2. North America: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.2.3. North America: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.2.4. North America: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.2.5. North America: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.2.6. US; 10.2.6.1. US: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.2.6.2. US: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.2.6.3. US: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.2.6.4. US: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.2.7. Canada; 10.2.7.1. Canada: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.2.7.2. Canada: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.2.7.3. Canada: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.2.7.4. Canada: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.2.8. Mexico; 10.2.8.1. Mexico: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.2.8.2. Mexico: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.2.8.3. Mexico: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.2.8.4. Mexico: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.3. Europe; 10.3.1. Europe: Market Size and Forecast, By Country, 2021 – 2034 ($ Million); 10.3.2. Europe: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.3.3. Europe: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.3.4. Europe: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.3.5. Europe: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.3.6. U.K.; 10.3.6.1. U.K.: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.3.6.2. U.K.: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.3.6.3. U.K.: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.3.6.4. U.K.: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.3.7. Germany; 10.3.7.1. Germany: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.3.7.2. Germany: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.3.7.3. Germany: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.3.7.4. Germany: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.3.8. France; 10.3.8.1. France: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.3.8.2. France: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.3.8.3. France: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.3.8.4. France: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.3.9. Italy; 10.3.9.1. Italy: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.3.9.2. Italy: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.3.9.3. Italy: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.3.9.4. Italy: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.3.10. Spain; 10.3.10.1. Spain: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.3.10.2. Spain: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.3.10.3. Spain: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.3.10.4. Spain: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.3.11. BeNeLux; 10.3.11.1. BeNeLux: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.3.11.2. BeNeLux: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.3.11.3. BeNeLux: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.3.11.4. BeNeLux: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.3.12. Russia; 10.3.12.1. Russia: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.3.12.2. Russia: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.3.12.3. Russia: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.3.12.4. Russia: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.3.13. Rest of Europe; 10.3.13.1. Rest of Europe: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.3.13.2. Rest of Europe: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.3.13.3. Rest of Europe: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.3.13.4. Rest of Europe: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4. Asia Pacific; 10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2021 – 2034 ($ Million); 10.4.2. Asia Pacific: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.3. Asia Pacific: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.4. Asia Pacific: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.5. Asia Pacific: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.6. China; 10.4.6.1. China: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.6.2. China: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.6.3. China: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.6.4. China: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.7. Japan; 10.4.7.1. Japan: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.7.2. Japan: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.7.3. Japan: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.7.4. Japan: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.8. Australia; 10.4.8.1. Australia: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.8.2. Australia: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.8.3. Australia: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.8.4. Australia: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.9. India; 10.4.9.1. India: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.9.2. India: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.9.3. India: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.9.4. India: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.10. South Korea; 10.4.10.1. South Korea: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.10.2. South Korea: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.10.3. South Korea: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.10.4. South Korea: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.11. Malaysia; 10.4.11.1. Malaysia: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.11.2. Malaysia: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.11.3. Malaysia: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.11.4. Malaysia: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.12. Thailand; 10.4.12.1. Thailand: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.12.2. Thailand: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.12.3. Thailand: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.12.4. Thailand: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.13. Indonesia; 10.4.13.1. Indonesia: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.13.2. Indonesia: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.13.3. Indonesia: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.13.4. Indonesia: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.14. Philippines; 10.4.14.1. Philippines: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.14.2. Philippines: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.14.3. Philippines: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.14.4. Philippines: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.15. Singapore; 10.4.15.1. Singapore: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.15.2. Singapore: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.15.3. Singapore: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.15.4. Singapore: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.4.16. Rest of Asia Pacific; 10.4.16.1. Rest of Asia Pacific: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.4.16.2. Rest of Asia Pacific: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.4.16.3. Rest of Asia Pacific: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.4.16.4. Rest of Asia Pacific: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.5. South America; 10.5.1. South America: Market Size and Forecast, By Country, 2021 – 2034 ($ Million); 10.5.2. South America: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.5.3. South America: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.5.4. South America: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.5.5. South America: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.5.6. Brazil; 10.5.6.1. Brazil: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.5.6.2. Brazil: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.5.6.3. Brazil: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.5.6.4. Brazil: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.5.7. Argentina; 10.5.7.1. Argentina: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.5.7.2. Argentina: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.5.7.3. Argentina: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.5.7.4. Argentina: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.5.8. Rest of South America; 10.5.8.1. Rest of South America: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.5.8.2. Rest of South America: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.5.8.3. Rest of South America: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.5.8.4. Rest of South America: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.6. Middle East & Africa; 10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2021 – 2034 ($ Million); 10.6.2. Middle East & Africa: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.6.3. Middle East & Africa: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.6.4. Middle East & Africa: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.6.5. Middle East & Africa: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.6.6. Saudi Arabia; 10.6.6.1. Saudi Arabia: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.6.6.2. Saudi Arabia: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.6.6.3. Saudi Arabia: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.6.6.4. Saudi Arabia: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.6.7. UAE; 10.6.7.1. UAE: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.6.7.2. UAE: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.6.7.3. UAE: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.6.7.4. UAE: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.6.8. Egypt; 10.6.8.1. Egypt: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.6.8.2. Egypt: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.6.8.3. Egypt: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.6.8.4. Egypt: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.6.9. South Africa; 10.6.9.1. South Africa: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.6.9.2. South Africa: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.6.9.3. South Africa: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.6.9.4. South Africa: Market Size and Forecast, By End User, 2021 – 2034 ($ Million); 10.6.10. Rest of Middle East & Africa; 10.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Type, 2021 – 2034 ($ Million); 10.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Belt Type, 2021 – 2034 ($ Million); 10.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Material, 2021 – 2034 ($ Million); 10.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By End User, 2021 – 2034 ($ Million)
CHAPTER 11. Competitive Landscape: 11.1. Competitor Benchmarking 2023; 11.2. Market Share Analysis, 2022; 11.3. Key Developments Analysis by Top 5 Companies; 11.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
CHAPTER 12. Company Profiles: 12.1. Continental AG; 12.1.1. Business Overview; 12.1.2. Financial Analysis; 12.1.2.1. Business Segment Revenue, 2023; 12.1.2.2. Geographic Revenue Mix, 2023; 12.1.3. Product Portfolio; 12.1.4. Recent Development and Strategies Adopted; 12.1.5. SWOT Analysis; 12.2. Yokohama Rubber Co., Ltd.; 12.2.1. Business Overview; 12.2.2. Financial Analysis; 12.2.2.1. Business Segment Revenue, 2023; 12.2.2.2. Geographic Revenue Mix, 2023; 12.2.3. Product Portfolio; 12.2.4. Recent Development and Strategies Adopted; 12.3. Fenner Conveyors; 12.3.1. Business Overview; 12.3.2. Product Portfolio; 12.3.3. Recent Development and Strategies Adopted; 12.4. Bando Chemical Industries, LTD.; 12.4.1. Business Overview; 12.4.2. Financial Analysis; 12.4.3. Product Portfolio; 12.4.4. SWOT Analysis; 12.5. Zhejiang Double Arrow Rubber Co., Ltd.; 12.5.1. Business Overview; 12.5.2. Product Portfolio; 12.5.3. Recent Development and Strategies Adopted; 12.6. Intralox; 12.6.1. Business Overview; 12.6.2. Product Portfolio; 12.6.3. Recent Development and Strategies Adopted; 12.7. Volta Belting Technology; 12.7.1. Business Overview; 12.7.2. Product Portfolio; 12.7.3. Recent Development and Strategies Adopted; 12.8. Semperit AG Holding; 12.8.1. Business Overview; 12.8.2. Financial Analysis; 12.8.2.1. Business Segment Revenue, 2023; 12.8.2.2. Geographic Revenue Mix, 2023; 12.8.3. Product Portfolio; 12.8.4. Recent Development and Strategies Adopted; 12.8.5. SWOT Analysis; 12.9. Elcon Elastomers Pvt. Ltd.; 12.9.1. Business Overview; 12.9.2. Product Portfolio; 12.10. Habasit; 12.10.1. Business Overview; 12.10.2. Product Portfolio; 12.10.3. Recent Development and Strategies Adopted; 12.10.4. SWOT Analysis; 12.11. Mitsuboshi Belting Ltd; 12.11.1. Business Overview; 12.11.2. Financial Analysis; 12.11.2.1. Business Segment Revenue, 2023; 12.11.2.2. Geographic Revenue Mix, 2023; 12.11.3. Product Portfolio; 12.11.4. Recent Development and Strategies Adopted; 12.11.5. SWOT Analysis; 12.12. Ammeraal Beltech; 12.12.1. Business Overview; 12.12.2. Product Portfolio; 12.12.3. Recent Development and Strategies Adopted