Conveyor Belts Market - Forecast(2021 - 2026)
Conveyor belts comprise two or more pulleys to rotate a belt in continuous circles. They are employed for carrying objects, from one point to another. The material to be transported in placed on the belt and is carried to the end point on the belt. Thickness of the belts nearly 20 mm, however it differs depending on the end user. Globally, technological advancements and upgradations, growing infrastructure activities such as malls, airports, rise in the lean manufacturing system, and increasing industrialization around the globe are the prime growth drivers of global conveyor belts market. In addition, increase in adoption of conveyor belts for newer applications, and emerging economies such as China, India and others, will create new opportunities for global conveyor belts market. However, higher service and maintenance cost, and conveyor systems reliability being hampered by technical glitches are the key restraints for global conveyor belts market. Request Sample This report i...