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The North America conveyor belt market was valued at US$ 1.5 Billion in 2021.
We expect the North America conveyor belt market to exhibit a CAGR of 4.39% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic has led to the increasing adoption of conveyor belts across diverse sectors, such as food and beverages, packaging, logistics, etc., to automate numerous operations and limit human interaction for reducing the risk of coronavirus infection across several North American nations.
The emerging trend of industrial automation, along with the growing demand for advanced conveyor belts with self-cleaning properties, improved operational costs, high energy-efficiency, etc., is primarily driving the North America conveyor belt market.
Based on the product type, the North America conveyor belt market has been segregated into medium-weight conveyor belt, light-weight conveyor belt, and heavy-weight conveyor belt. Among these, medium-weight conveyor belt currently holds the largest market share.
Based on the end-use, the North America conveyor belt market can be bifurcated into mining and metallurgy, manufacturing, chemicals, oils and gases, aviation, and others. Currently, the mining and metallurgy sector exhibits a clear dominance in the market.
On a regional level, the market has been classified into United States, Canada, and Mexico, where United States currently dominates the North America conveyor belt market.
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