Global Conveyor and Drive Belt Market Growth (Status and Outlook) 2025-2031

Global Conveyor and Drive Belt Market Growth (Status and Outlook) 2025-2031

The global Conveyor and Drive Belt market size is predicted to grow from US$ 14700 million in 2025 to US$ 17240 million in 2031; it is expected to grow at a CAGR of 2.7% from 2025 to 2031.

The Conveyor belt is an endless band that transfers the material conveyed between two points. A conveyor belt is comprised of a reinforced member, or carcass, and a protective covering. Conveyor belts are generally a composite of rubber or some elastomer such as PVC and fabric or some other reinforcement. The elastomer is the external covering which provides wear ability and protection from the handling environment. The fabric carcass internally serves as the strength bearing member for supporting the load and to control stretching of the belt.

Global Conveyor and Drive Belt key players include ContiTech AG, Gates, Partners Group, Habasit, Mitsuboshi, etc. Global top five players hold a share about 40%.

Asia-Pacific is the largest market, with a share about 35%, followed by Europe and North America, having a total share about 50 percent.

In terms of product, Conveyor Belt is the largest segment, with a share about 60%. And in terms of application, the largest application is Industrial, followed by Mining, Logistics(Warehousing), Automotive, etc.

LPI (LP Information)' newest research report, the “Conveyor and Drive Belt Industry Forecast” looks at past sales and reviews total world Conveyor and Drive Belt sales in 2024, providing a comprehensive analysis by region and market sector of projected Conveyor and Drive Belt sales for 2025 through 2031. With Conveyor and Drive Belt sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Conveyor and Drive Belt industry.

This Insight Report provides a comprehensive analysis of the global Conveyor and Drive Belt landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Conveyor and Drive Belt portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Conveyor and Drive Belt market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Conveyor and Drive Belt and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Conveyor and Drive Belt.

This report presents a comprehensive overview, market shares, and growth opportunities of Conveyor and Drive Belt market by product type, application, key players and key regions and countries.

Segmentation by Type:
Conveyor Belt
Drive Belt

Segmentation by Application:
Mining
Industrial
Logistics(Warehousing)
Automotive
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ContiTech AG
Gates
Partners Group
Habasit
Mitsuboshi
Intralox
Forbo Movement Systems
Bando Chemical Industries, Ltd.
Nitta
Dayco
SANLUX
YongLi
CHIORINO
Wuxi Shun Sheng
Jiangyin TianGuang
Sparks
Esbelt
Volta Belting
MärtensTransportbänder

Please note: The report will take approximately 2 business days to prepare and deliver.