According to the latest research study released by Technavio, the global conveyor belt market is expected to reach USD 7.39 billion by 2020.
This research report provides an in-depth analysis of market growth in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various product segments, including medium-weight, light-weight, and heavy-weight conveyor belts.
“One of the major drivers for the growth of the global conveyor belt market is rising demand for steel cord rubber belts. Steel cord conveyor belts are used in many applications in heavy industries such as coal, automotive, metal, and mining industries. Steel conveyor belts have a longer life span than any other type of conveyor belt,” said Sharan Raj, one of Technavio’s lead analysts
Nenhum comentário:
Postar um comentário