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India Conveyor Belt Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India conveyor belt market size reached US$ 471.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 673.9 Million by 2027, exhibiting a growth rate (CAGR) of 5.8% during 2022-2027.

A conveyor belt is a mechanical strip used for moving objects in various materials handling processes. It is utilized to transport products in a straight line or through multiple elevation angles or directions with controlled movement of the product. The conveyor belt is commonly available in medium-weight, lightweight and heavy-weight variants. They are manufactured using polyvinyl chloride and materials, such as styrene-butadiene rubber, nylon, thermoplastics and polyesters. They are fire-resistant, cost-effective, convenient to use and aid in handling bulky materials and accommodating changes in elevation. They find extensive applications across various industries, such as manufacturing, aviation, mining, chemical and oil and gas. 

The India conveyor belt market is primarily being driven by rapid industrialization and increasing infrastructural development activities. Conveyor belts are also widely used in the mining and industry to carry ores, concentrates and tailings throughout the mining cycle from the initial excavation point to the production of refined material. Moreover, various product innovations, such as the development of textile-reinforced and steel cord-reinforced belts, are providing a thrust to the market growth. The integration of the Industrial Internet of Things (IIoT) with the connected devices for increased operational efficiency, profitability and safety is also contributing to the growth of the market. Conveyor belts are also used for baggage handling and transporting cargo in the aircraft compartments and in automobile manufacturing plants for moving large engines, trucks and cars, which is driving the market further. Other factors, including the increasing product adoption in the food and beverage industry, are anticipated to drive the market toward growth across the country.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India conveyor belt market report, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on type and end use.

Breakup by Type:

  • Medium-Weight Conveyor Belt
  • Light-Weight Conveyor Belt
  • Heavy-Weight Conveyor Belt
     

Breakup by End Use:

  • Mining and Metallurgy
  • Manufacturing
  • Chemicals, Oils and Gases
  • Aviation
  • Others
     

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Oriental Rubber Industries Pvt. Ltd., Somi Conveyor Beltings Ltd., Fenner Conveyor Belting Pvt Ltd, Continental Belting Pvt. Ltd., Pentagon Rubber Private Limited, Shriram Beltings India Private Limited, Mahajan Beltings Industrial Corporation India, Dynamic Rubbers Pvt Ltd., Jaytex International and Ace Conveyor Solutions.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Type, End Use, Region
Region Covered North India, West and Central India, South India, East India
Companies Covered Oriental Rubber Industries Pvt. Ltd., Somi Conveyor Beltings Ltd., Fenner Conveyor Belting Pvt Ltd, Continental Belting Pvt. Ltd., Pentagon Rubber Private Limited, Shriram Beltings India Private Limited, Mahajan Beltings Industrial Corporation India, Dynamic Rubbers Pvt Ltd., Jaytex International and Ace Conveyor Solutions
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
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)


Key Questions Answered in This Report:

  • How has the India conveyor belt market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the India conveyor belt market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the end use?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the India conveyor belt market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    India Conveyor Belt Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Medium-Weight Conveyor Belt
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Light-Weight Conveyor Belt
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Heavy-Weight Conveyor Belt
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by End Use
    7.1    Mining and Metallurgy 
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Manufacturing
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Chemicals, Oils and Gases
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Aviation
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast 
8    Market Breakup by Region
    8.1    North India
        8.1.1 Market Trends
        8.1.2 Market Breakup by State
        8.1.3 Market Forecast
    8.2    West and Central India
        8.2.1 Market Trends
        8.2.2 Market Breakup by State
        8.2.3 Market Forecast
    8.3    South India
        8.3.1 Market Trends
        8.3.2 Market Breakup by State
        8.3.3 Market Forecast
    8.4    East India 
        8.4.1 Market Trends
        8.4.2 Market Breakup by State
        8.4.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis
    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Policy and Regulatory Landscape
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Oriental Rubber Industries Pvt. Ltd.
        14.3.2    Somi Conveyor Beltings Ltd.
        14.3.3    Fenner Conveyor Belting Pvt Ltd
        14.3.4    Continental Belting Pvt. Ltd.
        14.3.5    Pentagon Rubber Private Limited
        14.3.6    Shriram Beltings India Private Limited
        14.3.7    Mahajan Beltings Industrial Corporation India
        14.3.8    Dynamic Rubbers Pvt Ltd.
        14.3.9    Jaytex International
        14.3.10    Ace Conveyor Solutions

List of Figures

Figure 1: India: Conveyor Belt Market: Major Drivers and Challenges
Figure 2: India: Conveyor Belt Market: Sales Value (in Million US$), 2016-2021
Figure 3: India: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: India: Conveyor Belt Market: Breakup by Type (in %), 2021
Figure 5: India: Conveyor Belt Market: Breakup by End Use (in %), 2021
Figure 6: India: Conveyor Belt Market: Breakup by Region (in %), 2021
Figure 7: India: Conveyor Belt (Medium-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: India: Conveyor Belt (Medium-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: India: Conveyor Belt (Light-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: India: Conveyor Belt (Light-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: India: Conveyor Belt (Heavy-Weight Conveyor Belt) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: India: Conveyor Belt (Heavy-Weight Conveyor Belt) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: India: Conveyor Belt (Mining and Metallurgy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: India: Conveyor Belt (Mining and Metallurgy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: India: Conveyor Belt (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: India: Conveyor Belt (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: India: Conveyor Belt (Chemicals, Oils and Gases) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: India: Conveyor Belt (Chemicals, Oils and Gases) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: India: Conveyor Belt (Aviation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: India: Conveyor Belt (Aviation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: India: Conveyor Belt (Other End Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: India: Conveyor Belt (Other End Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: North India: Conveyor Belt Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: North India: Conveyor Belt Market: Breakup by State (in %), 2021
Figure 25: North India: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: West and Central India: Conveyor Belt Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: West and Central India: Conveyor Belt Market: Breakup by State (in %), 2021
Figure 28: West and Central India: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: South India: Conveyor Belt Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: South India: Conveyor Belt Market: Breakup by State (in %), 2021
Figure 31: South India: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: East India: Conveyor Belt Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: East India: Conveyor Belt Market: Breakup by State (in %), 2021
Figure 34: East India: Conveyor Belt Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: India: Conveyor Belt Industry: SWOT Analysis
Figure 36: India: Conveyor Belt Industry: Value Chain Analysis
Figure 37: India: Conveyor Belt Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Conveyor Belt Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Conveyor Belt Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: India: Conveyor Belt Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 4: India: Conveyor Belt Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: India: Conveyor Belt Market: Competitive Structure
Table 6: India: Conveyor Belt Market: Key Players


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