According to IMARC Group’s recently published report, titled “Europe Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the Europe conveyor belt market is expected to exhibit XX growth during 2022-2027. A conveyor belt represents a mechanical strip for moving objects in various material handling processes. It is commonly available in medium-weight, lightweight, and heavy-weight variants. These belts can move products at varying speeds, in a straight line, or via changes in elevation or direction, and with controlled movements. They are manufactured using fabric, leather, rubber, metal, thermoplastics, etc., and are fire-resistant, cost-effective, convenient to use, and helpful in handling bulky materials. As a result, conveyor belts find extensive applications in various industries, such as aviation, mining, metallurgy, manufacturing, etc.
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Europe Conveyor Belt Market Trends/Drivers:
The growing product adoption across the aviation industry for baggage handling is one amongst the primary factors propelling the Europe conveyor belt market. Furthermore, the increasing requirement for automated handling of materials to minimize cargo loss and improve operational efficiency is also driving the product demand. Besides this, the launch of various innovative products, such as industrial conveyor belts that are resistant to oil, heat, and chemicals, is further catalyzing the market growth. Moreover, the escalating demand in the food and beverage industry for the transportation of raw materials from storage systems and dispatch of finished food items is also augmenting the regional market. In the coming years, the introduction of environment-friendly conveyor belts with energy-efficient bulbs and automatic sleep controls is anticipated to drive the Europe conveyor belt market. Looking forward, the market is expected to continue its strong growth during the forecast period (2022-2027).
Key Market Segmentation:
Breakup by Type:
- Medium-Weight Conveyor Belt
- Light-Weight Conveyor Belt
- Heavy-Weight Conveyor Belt
Breakup by End Use:
- Mining and Metallurgy
- Chemicals, Oils and Gases
Breakup by Country:
- United Kingdom
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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