Rubber Transmission Belt Market

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Rubber Transmission Belt Market Size, Share, Growth, Trends,
Outlook and Forecast to 2025 | Hexa Research
“The global rubber transmission belt market size was
valued at USD 3.47 billion in 2017 and is expected to
witness a CAGR of 3.0% from 2017 to 2025.”
25 October 2018 –
The global Rubber Transmission Belt Market size is expected to reach at USD 4.41 billion by 2025. It is anticipated
to expand at a CAGR of 3.0% from 2017 to 2025. The market is witnessing increased demand due to infrastructure
development, particularly in Asia Pacific, and rapid industrialization and urbanization across the globe.
Furthermore, governments of various countries are implementing strategies to attract investment in mining sector,
which in turn, is projected to increase the demand for rubber transmission belt over the forecast period.
Infrastructure development and increasing mining and industrial sector in Brazil, Chile, Mexico, Russia, Ukraine,
Poland, and Africa are projected to augment the demand for rubber transmission belt. Furthermore, governments
of certain countries in South America are forcing on the development of mining industry. For instance, Brazilian
government created the National Mining Agency, which focuses on implementing transparent strategies to
increase investments in mining sector.
Inclination towards development of clean and green cities is expected to provide growth opportunity for the
rubber transmission belt industry over the forecast period. Various municipal corporations are investing in green
and waste-free cities to reduce carbon footprint. For instance, investment in the Smart Cities initiatives by Indian
Government has resulted in increased investments from domestic and internal players in the regional market.
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In 2017, solid woven conveyor belt segment held 50.5% revenue share in the global rubber transmission belt
market. This type of transmission belt is widely used in harsh environments and underground mines. Increasing
mining activities in Asia Pacific and South America regions are projected to fuel the demand for solid conveyor belts
over the coming years.
Companies operating in the market are investing in product development to gain competitive edge. Companies are
using synthetic polymers, such as PVG nitrile, which provide low temperature capabilities. The all-polyester, singleply interwoven carcass provides low stretch, good fastener retention and tear resistance, all at an economical
price.
Industrial application segment led the market in 2017, accounting for 53.7% of the overall revenue share. High
investments in food and beverage, chemical, and pharmaceutical industries are projected to increase demand for
rubber transmission belt. For instance, implementation of the National Chemical policies by the government of
India to increase investments in chemical sector will offer new growth opportunities.
Furthermore, chemical and pharmaceutical manufacturers are shifting their manufacturing facilities to India, Japan,
and china on account of the presence of cost-effective and skilled labor. This is projected to propel the rubber
transmission belt market demand in the APAC region.
Asia Pacific is projected to expand at a CAGR of 3.4% from 2017 to 2025. Increasing mining activities in India, China,
Japan, and Australia are expected to drive the regional market. Furthermore, high concentration of conveyor belt
manufactures is expected to play crucial role in continuous product supply in the region. Moreover, presence of
raw material suppliers in the region has led to increased production, thereby fueling region’s growth.
Many companies in the market are focusing on increase capacity expansion to gain competitive edge. For instance,
Sempertrans Poland invested Euro 46 million for capacity expansion in Belchatów, Poland due to strong demand
for high-quality products.
These companies are also investing in new product development. ContiTech AG, Fenner PLC and Semperit are
some of the key companies in the market. ContiTech led the India rubber transmission belt industry in 2017while
Semperit held more than 18% of the Europe regional market.
Hexa Research has segmented the global rubber transmission belt market report based on product, application and
region:Segmentation by Product
• Steel Cord Rubber Conveyor Belt
• Multiply Fabric Conveyor Belt
• Solid Woven Rubber Conveyor Belt
Segmentation by Application
• Mining
• Industrial
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• Construction
• Harbor
• Steel
• Others
Segmentation by Region
• North America
• Europe
• Asia Pacific
• Central & South America
• Middle East & Africa
Key Players Analyzed
• Continental AG
• Bridgestone Corporation
• Fenner PLC
• The Yokohama Rubber Co., Ltd.
• Zhejiang Double Arrow Rubber Co. Ltd.
• Sempertrans
• Bando Chemical Industries, Ltd.
• Baoding Huayue Conveyor Co. Ltd.
• Zhejiang Sanwei Rubber Item Co. Ltd.
• Shandong Phoebus Rubber Co., Ltd.
• Wuxi Boton Technology Co., Ltd.
• Zhangjiagang Huashen
• Hsin Yung Chien Co., Ltd.
• FuXin ShuangXiang Industry And Mining Rubber & Plastic Products Co., Ltd.
• Anhui Zhongyi Rubber Belts Co., Ltd.
• Qingdao Rubber Six Conveyor Belt Co. Ltd.
• Hebei Yichuan Rubber Conveyor Belt Group Co., Ltd.
• Smiley Monroe Ltd.
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Table of Content of Rubber Transmission Belt Market
Chapter 1 Executive Summary
Chapter 2 Methodology and Scope
2.1 Research methodology
2.2 Assumptions
2.3 List of data sources
Chapter 3 Introduction
3.1 Research scope & market segmentation
Chapter 4 Rubber Transmission Belt Market Trends: Drivers & Opportunities
4.1 Key industry trends
4.1.1 Market driver analysis
4.1.2 Market restraint analysis.
4.2 Supply chain analysis
4.3 Porter’s Five Forces’ analysis
4.4 Average prices of rubber transmission belt
4.5 Production of rubber transmission belts, by region
4.6 Raw material analysis
4.6.1 Key raw materials
4.6.2 Price trend of key raw materials
4.6.3 Key suppliers of raw materials
4.6.4 Market concentration rate of raw materials
4.7 Manufacturing cost structure (%)
4.8 Sourcing strategies
4.8.1 Raw material sources of rubber transmission belts in 2017
4.8.2 Downstream buyers
4.8.2.1 List of downstream buyers for rubber transmission belts
Chapter 5 Rubber Transmission Belt Market Trends, By Product
5.1 Global rubber transmission belt market movement, by product, 2017 & 2025
5.2 Steel Cord Rubber Conveyor Belt
5.2.1 Global steel cord rubber conveyor belt market movement, 2015 - 2025 (Kilo Tons) (USD
Million)
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5.3 Multiply Fabric Conveyer Belts
5.3.1 Global multiply fabric conveyer belts market movement, 2015 - 2025 (Kilo Tons) (USD
Million)
5.4 Solid Woven Rubber Conveyor Belt
5.4.1 Global solid woven rubber conveyor belt market movement, 2015 - 2025 (Kilo Tons) (USD
Million)
Chapter 6 Rubber Transmission Belt Market Trends, By Application
6.1 Global rubber transmission belt market movement, by application, 2017 & 2025
6.2 Mining
6.2.1 Global rubber transmission belt market movement, by mining, 2015 - 2025 (Kilo Tons) (USD
Million)
6.3 Industrial
6.3.1 Global rubber transmission belt market movement, by industrial, 2015 - 2025 (Kilo Tons)
(USD Million)
6.4 Construction
6.4.1 Global rubber transmission belt market movement, by construction, 2015 - 2025 (Kilo
Tons) (USD Million)
6.5 Harbor
6.5.1 Global rubber transmission belt market movement, by harbor, 2015 - 2025 (Kilo Tons) (USD
Million)
6.6 Steel
6.6.1 Global rubber transmission belt market movement, by steel, 2015 - 2025 (Kilo Tons) (USD
Million)
6.7 Others
6.7.1 Global rubber transmission belt market movement, by others, 2015 - 2025 (Kilo Tons) (USD
Million)
Chapter 7 Rubber Transmission Belt Market Trends, By Region
7.1 Global rubber transmission belt market movement, by region, 2017 & 2025
7.2 North America
7.2.1 North America rubber transmission belt market, 2015 - 2025 (USD Million)
7.2.2 North America rubber transmission belt market, by product, 2015 - 2025 (USD Million)
7.2.3 North America rubber transmission belt market, by application, 2015 - 2025 (USD Million)
7.3 Europe
7.3.1 Europe rubber transmission belt market, 2015 - 2025 (USD Million)
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7.3.2 Europe rubber transmission belt market, by product, 2015 - 2025 (USD Million)
7.3.3 Europe rubber transmission belt market, by application, 2015 - 2025 (USD Million)
7.4 Asia Pacific
7.4.1 Asia Pacific rubber transmission belt market, 2015 - 2025 (USD Million)
7.4.2 Asia Pacific rubber transmission belt market, by product, 2015 - 2025 (USD Million)
7.4.3 Asia Pacific rubber transmission belt market, by application, 2015 - 2025 (USD Million)
7.5 Central & South America
7.5.1 Central & South America rubber transmission belt market, 2015 - 2025 (USD Million)
7.5.2 Central & South America rubber transmission belt market, by product, 2015 - 2025 (USD
Million)
7.5.3 Central & South America rubber transmission belt market, by application, 2015 - 2025 (USD
Million)
7.6 Middle East & Africa
7.6.1 Middle East & Africa rubber transmission belt market, 2015 - 2025 (USD Million)
7.6.2 Middle East & Africa rubber transmission belt market, by product, 2015 - 2025 (USD
Million)
7.6.3 Middle East & Africa rubber transmission belt market, by application, 2015 - 2025 (USD
Million)
Chapter 8 Key Country Markets
8.1 China
8.1.1 China rubber transmission belt market, 2015 - 2025 (USD Million) (Kilo Tons)
8.2 Japan
8.2.1 Japan rubber transmission belt market, 2015 - 2025 (USD Million) (Kilo Tons)
8.3 India
8.3.1 India rubber transmission belt market, 2015 - 2025 (USD Million) (Kilo Tons)
Chapter 9 Competitive Landscape
9.1 Competitive landscape analysis, 2017
9.2 Strategic framework
9.3 Company Profile
9.3.1 Continental AG
9.3.1.1 Company overview
9.3.1.2 Product benchmarking
9.3.1.3 Financial performance
9.3.1.3.1 Financial analysis
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9.3.1.4 Recent Initiatives
9.3.2 Bridgestone Corporation
9.3.2.1 Company overview
9.3.2.2 Product benchmarking
9.3.2.3 Financial performance
9.3.2.3.1 Financial analysis
9.3.2.4 Recent Initiatives
9.3.3 Fenner PLC
9.3.3.1 Company overview
9.3.3.2 Product benchmarking
9.3.3.3 Financial performance
9.3.3.3.1 Financial analysis
9.3.4 The Yokohama Rubber Co., Ltd.
9.3.4.1 Company overview
9.3.4.2 Product benchmarking
9.3.4.3 Financial performance
9.3.4.3.1 Financial analysis
9.3.4.4 Recent Initiatives
9.3.5 Zhejiang Double Arrow Rubber Co. Ltd.
9.3.5.1 Company overview
9.3.5.2 Product benchmarking
9.3.5.3 Financial performance
9.3.6 Sempertrans
9.3.6.1 Company overview
9.3.6.2 Product benchmarking
9.3.6.3 Recent Initiatives
9.3.7 Bando Chemical Industries, LTD
9.3.7.1 Company overview
9.3.7.2 Product benchmarking
9.3.7.3 Financial performance
9.3.7.3.1 Financial analysis
9.3.8 Baoding Huayue Conveyor Co. Ltd
9.3.8.1 Company overview
9.3.8.2 Product benchmarking
9.3.9 Zhejiang Sanwei Rubber Item Co. Ltd
9.3.9.1 Company overview
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9.3.9.2 Product benchmarking
9.3.9.3 Financial performance
9.3.10 Shandong Phoebus Rubber Co., Ltd.
9.3.10.1 Company overview
9.3.10.2 Product benchmarking
9.3.11 Wuxi Boton Technology Co., Ltd
9.3.11.1 Company overview
9.3.11.2 Product benchmarking
9.3.12 Zhangjiagang Huashen
9.3.12.1 Company overview
9.3.12.2 Product benchmarking
9.3.12.3 Financial performance
9.3.13 Hsin Yung Chien Co., Ltd.
9.3.13.1 Company overview
9.3.13.2 Product benchmarking
9.3.14 FuXin ShuangXiang Industry And Mining Rubber & Plastic Products Co.,Ltd.
9.3.14.1 Company overview
9.3.14.2 Product benchmarking
9.3.15 Anhui Zhongyi Rubber Belts Co., Ltd.
9.3.15.1 Company overview
9.3.15.2 Product benchmarking
9.3.16 Qingdao Rubber Six Conveyor Belt Co. Ltd.
9.3.16.1 Company overview
9.3.16.2 Product benchmarking
9.3.17 Hebei Yichuan Rubber Conveyor Belt Group Co., Ltd
9.3.17.1 Company overview
9.3.17.2 Product benchmarking
9.3.18 Smiley Monroe Ltd
9.3.18.1 Company overview
9.3.18.2 Product benchmarking
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The global rubber transmission belt market size is expected to reach at USD 4.41 billion by 2025

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