Market Executive Summary

REPORT HIGHLIGHT

The Rubber Transmission Belt market is estimated to represent a global market of USD 3.44 billion by 2017 with growth rate of 2.8%.

Market Dynamics

The global rubber transmission belt industry is majorly driven by the introduction of advanced technology based products. For instance, in 2017, Yokohama Rubber Company Limited introduced fabric belt with new technology in order to improve heat resistance with mechanical joints. This proposed report presents the global market size (revenue) of key companies in Rubber Transmission Belt business.

This report also presents a comprehensive industry overview, market shares, and growth opportunities of Rubber Transmission Belt market by type, application, key regions and countries and key manufacturers. Additionally, this report discusses risks faced by key manufacturers and the market as a whole. It also analyses key emerging trends and their impact on present and future industry development.

Regional Takeaway

Market Segment by Regions, regional analysis covers

North America (U.S. and Canada)
Europe (France and Germany)
Asia Pacific (India and China)
Middle East and Africa
Latin America
Asia Pacific region accounted for the highest revenue share. Presence of well-established steel manufacturers, expansion of industrial facilities coupled with growing food & beverage industry is expected to fuel the demand for rubber transmission belts over the study period. Key manufacturers operating in this region are Zhejiang Double Arrow, Yokohama, Baoding Huayue, Bando, Shandong Phoebus, Zhejiang Sanwei, Fuxin Shuangxiang, and Hebei Yichuan.

Key Vendor Takeaway

The research report presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. Market Segment by Manufacturers, this report covers

Fenner PLC
Continental AG
Bridgestone Corporation
Zhejiang Double Arrow
The Yokohama Rubber
Baoding Huayue Conveyor
Sempertrans
Zhejiang Sanwei Rubber Item
Bando Chemical Industries
The global rubber transmission belt industry is consolidated in nature. ContiTech AG (business segment of Continental AG) emerged as the key player of this market, accounted for over 30% revenue share. This company majorly focuses on industrial and mining sectors with focus on geographies such as Australia, India and Africa. ContiTech showcases an array of products such as multiply fabric, solid woven and steel cord rubber conveyor belts. In addition, the company is increasing spending towards product customization in order to gain competitive edge.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year ? 2017 ? 2021
Base Year ? 2021
Estimated Year ? 2022
Projected Year ? 2028
TARGET AUDIENCE

Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY TYPE

Steel Cord Rubber Conveyor Belt
Solid Woven Rubber Conveyor Belt
Multiply Fabric Conveyer Belts
MARKET, BY APPLICATION

Industrial
Mining
Construction
Harbor
Steel
MARKET, BY REGION

North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America