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The GCC conveyor belt market size reached US$ 111.3 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 149.8 Million by 2027, exhibiting a growth rate (CAGR) of 5.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A conveyor belt is a carrying medium used for moving objects and material handling. It consists of two or more pulleys, or drums, which provide a continuous loop for carrying materials. Conveyor belts are utilized to transport products from one point to another in a straight line or through changes in direction or elevation. Light-weight, heavy-weight and medium-weight are some commonly available variants of conveyor belts. These belts are manufactured using plastic or rubber-based compounds with multiple layers of various fabric materials and steel cables. They can be operated at varying speeds and aid in enhancing cost-effectiveness and handling bulk materials. As a result, conveyor belts find extensive applications across various industries, such as construction, mining, food packaging, aviation and manufacturing.
The GCC conveyor belt market is primarily being driven by the increasing number of construction activities across the region. There is widespread automation at construction sites to enhance productivity and efficiency, which is facilitating the utilization of conveyor belts. Moreover, various technological innovations, such as the development of heat-resistant conveyor belts that can be used in high-temperature environments and material handling of sintered products, are providing a thrust to the market growth. In line with this, the increasing demand for conveyor belts for baggage handling at the airports and shipping docks is contributing to the market growth. Other factors, such as the increasing manufacturing of energy-efficient conveyor belts with improved viscoelastic properties, and the rising product demand in the food and beverage industry, are anticipated to drive the market toward growth across the region.
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC conveyor belt market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on type and end use.
Breakup by Type:
Breakup by End Use:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, End Use, Country|
|Countries Covered||Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
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Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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