Rubber Conveyor Belts Market Share

ID: MRFR/AM/6263-HCR

100 Pages

Sejal Akre

October 2025

Rubber Conveyor Belts Market Research Report Information by Type (Light-Weight, Medium-Weight, and Heavy-Weight Conveyor Belts), by Application (Food, Mining, Construction, Airline, and Others), and by Region - Forecast till 2035

Rubber Conveyor Belts Market Infographic

Single User

$ 4,950.0

Multiple License

$ 5,950.0

Enterprise User

$ 7,250.0

Summary Table of Contents Segmentation Download PDF

Market Share

Rubber Conveyor Belts Market Share Analysis

The Rubber Conveyor Belts market is undergoing notable trends shaped by industrial advancements and changing demands across various sectors. These include the increasing use of rubber conveyor belts among several industries such as manufacturing, mining, logistics and agriculture. Consequently, these belts which are durable, flexible and reasonably priced are becoming a vital element in material handling systems that facilitate seamless movement of goods and materials.

There has been an observable shift towards customization as well as specialization in the Rubber Conveyor Belts market. Consequently, conveyor belts requirements significantly vary with industries specialization. In response to this trend manufacturers have introduced custom made products which take into account specific industry requirements. Customized rubber conveyor belts for example those resistant to high temperatures used in industrial settings or oil resistant ones needed when carrying out mining activities are now being embraced by customers who want to improve their material handling processes.

Additionally, the market is experiencing technological changes in manufacturing rubber belts for conveyors. The company has now started to use sensor equipped belts and smart conveyor systems. Sensor technology allows a real-time control of such parameters as belt wear, tension or material flow rate. This helps with predictive maintenance due to which down time is reduced and overall operational efficiency increases. These examples show that the industry has embraced technology in its development of rubber-based conveyor belts.

In the mining industries, demand for high tensile strength and abrasion resistant belts by different players in this sector have seen increased demand for rubber conveyor belts. Conveyor belts used in this sector must be able to handle heavy loads, harsh environments and abrasive materials found within a mine setting. Specialized rubber conveyor belts with greater durability are being developed to meet this growing trend thus helping transporting mined materials efficiently and reliably.

Another area where it is increasingly common to find rubber-made conveyer lines like these is food processing and packaging companies who seek to maintain strict hygiene standards as per food safety regulations Food-grade based FDA approved material made conveyer bands have largely replaced other options when it comes to moving comestibles around Industries are making sure they practice maximum safety measures especially while handling food materials.

Market Highlights

Author

Sejal Akre

Senior Research Analyst

She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

Get In Touch

FAQs

What is the competitive backdrop in the market for rubber conveyor belts industry?

Fives (France), Bridgestone (Japan), Volta Belting Technology Ltd (Israel), Goodyear Rubber Products. Inc, (US) and ContiTech AG (Germany) are the major contenders in the market.

Which region is controlling the majority share in the rubber conveyor belts?

The APAC region is likely to direct the market in the upcoming period.

What are the motivators for development in the rubber conveyor belts global market for the coming years?

The progress in technology is expected to create a favorable influence on the market.

What is the prediction for the rubber conveyor belts market’s CAGR?

A CAGR of 4.3% is expected to exert its influence in the market.

What are the market segments in the rubber conveyor belts global market?

The segments of type, application, and region are helping outline the development of the market.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

Customize Report

Certified Researchers

Market Summary

As per Market Research Future Analysis, the Rubber Conveyor Belts market is projected to grow from USD 3700.22 million in 2021 to USD 5745.98 million by 2032, with a CAGR of 4.49% during the forecast period (2023–2032). The market is driven by investments in construction, food and beverage, and mining, alongside the increasing use of rubber additives. However, environmental concerns and high initial investments hinder growth. Opportunities arise from rising recycling efforts, demand for eco-friendly belts, and economic growth in emerging markets. Technological advancements, such as green and smart conveyor systems, further contribute to market expansion. Major players include Bando Chemical Industries, Intralox, Fenner Dunlop, and Bridgestone.

Key Market Trends & Highlights

The Rubber Conveyor Belts market is witnessing significant trends and developments.

Projected market growth from USD 3700.22 million in 2021 to USD 5745.98 million by 2032.
CAGR of 4.49% during the forecast period (2023–2032).
Asia-Pacific expected to hold the largest market share due to mining and construction activities.
Recent acquisitions and product innovations by key players enhance market competitiveness.

Rubber Conveyor Belts Market

CAGR

4.49%

Market Size & Forecast

2021 Market Size	USD 3700.22 million
2032 Market Size	USD 5745.98 million
CAGR	4.49%
Largest Regional Market Share	Asia-Pacific

Major Players

Bando Chemical Industries, Intralox, Fenner Dunlop, Volta Belting Technology, Fives, Bridgestone, ContiTech AG, Goodyear Rubber Products, Qingdao Rubber Conveyor Belt Co., The Yokohama Rubber Co.

Market Trends

The global rubber conveyor belts market appears to be experiencing a steady growth trajectory, driven by increasing industrial automation and the rising demand for efficient material handling solutions across various sectors.

U.S. Department of Commerce

Rubber Conveyor Belts Market Market Drivers

Market Growth Projections

The Global Rubber Conveyor Belts Market Industry is poised for substantial growth, with projections indicating a market valuation of 6.56 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate (CAGR) of 3.86% from 2025 to 2035. Such figures reflect the increasing adoption of conveyor systems across various sectors, driven by technological advancements and rising demand for efficient material handling solutions. The market's expansion is likely to be influenced by factors such as industrial automation, sustainability initiatives, and the ongoing evolution of supply chain dynamics.

Growth in E-Commerce and Logistics

The surge in e-commerce and logistics activities is significantly impacting the Global Rubber Conveyor Belts Market Industry. With the increasing volume of goods being transported, efficient material handling systems are essential for warehouses and distribution centers. Conveyor belts play a crucial role in streamlining operations, reducing labor costs, and improving order fulfillment times. This trend is expected to contribute to the market's growth, with projections indicating a valuation of 6.56 USD Billion by 2035. The logistics sector's reliance on advanced conveyor systems underscores the importance of rubber conveyor belts in modern supply chain management.

Expansion of Manufacturing Industries

The expansion of manufacturing industries globally is a key driver of the Global Rubber Conveyor Belts Market Industry. As production processes become more complex, the need for reliable and efficient material handling solutions increases. Conveyor belts are integral to various manufacturing operations, facilitating the movement of raw materials and finished products. This growth is reflected in the anticipated market valuation of 4.32 USD Billion by 2024. The continuous investment in manufacturing capabilities across different regions further emphasizes the critical role of rubber conveyor belts in enhancing operational efficiency.

Technological Advancements in Conveyor Systems

Technological innovations in conveyor systems are propelling the Global Rubber Conveyor Belts Market Industry forward. The integration of smart technologies, such as IoT and automation, enhances the efficiency and reliability of conveyor systems. These advancements allow for real-time monitoring and predictive maintenance, reducing downtime and increasing operational efficiency. Companies are increasingly adopting these technologies to optimize their supply chains. As a result, the market is expected to grow at a CAGR of 3.86% from 2025 to 2035, reflecting the industry's shift towards more sophisticated and automated solutions.

Rising Demand in Mining and Construction Sectors

The Global Rubber Conveyor Belts Market Industry experiences a robust demand driven by the mining and construction sectors. As these industries expand, the need for efficient material handling solutions becomes paramount. Conveyor belts facilitate the transportation of heavy materials, enhancing productivity and reducing operational costs. For instance, the mining sector's growth is projected to contribute significantly to the market, with an expected valuation of 4.32 USD Billion by 2024. This trend indicates a strong reliance on rubber conveyor belts, which are essential for the seamless movement of materials in challenging environments.

Sustainability Initiatives and Eco-Friendly Materials

Sustainability initiatives are becoming increasingly influential in the Global Rubber Conveyor Belts Market Industry. Manufacturers are exploring eco-friendly materials and production processes to meet the growing demand for sustainable solutions. The shift towards recyclable and biodegradable materials not only addresses environmental concerns but also aligns with regulatory requirements. Companies that adopt these practices may gain a competitive edge in the market. As the industry evolves, the focus on sustainability is likely to shape product development and consumer preferences, further driving market growth.

Market Segment Insights

Regional Insights

Key Companies in the Rubber Conveyor Belts Market market include

Industry Developments

March 2024: Through its wholly-owned subsidiary in Canada, Viacore Solutions Inc. (hereinafter referred to as "Viacore"), Marubeni has successfully completed the acquisition of all of the shares of Alternative Belting Enterprises Ltd. and Alternative Belting (Van Island) Enterprises Ltd. (hereinafter referred to as "Alternative Group"). Viacore and the Alternative Group are both active in the conveyor belt distribution business, and this transaction takes place in the province of British Columbia, which is located in Canada. By taking this action, Marubeni is demonstrating the growth of its footprint in the market for conveyor belt distribution and maintenance services in Canada.

As a consequence of this deal, Viacore is in a position to strengthen its operational footing in Western Canada and to obtain a wide choice of locations across the country, ranging from the West Coast to the East Coast. Through the acquisition of competing businesses in North America, the Viacore Group, in cooperation with Viacore Solutions, LLC, which has its headquarters in the United States, has been able to increase its market share. As a consequence of this, the Viacore Group has emerged as one of the most prosperous operators in the region for this particular line of work.

Following the completion of this deal, the purchasing and sales skills of the Viacore Group have been further enhanced. This, in turn, contributes to the reliable functioning of conveyor belt systems that are utilized by a number of industries, including mining and forestry.

Continuing to enhance its business foundation in the North American region and boosting its competitive edge in order to achieve additional market share expansion, Marubeni will continue to do so through its cooperation with the Viacore Group. Additionally, Marubeni is aiming toward growing its company to other regions in addition to Northern America. This is in addition to the prior mentioned point.

Bando Chemical Industries, Ltd (Japan):

October 2023: Bando Chemical Industries launched a new high-performance, heat-resistant conveyor belt tailored for steel mill applications. This product is designed to withstand elevated temperatures, enhancing operational efficiency in demanding environments.

Intralox (US):

September 2023: Intralox introduced an innovative modular belt technology aimed at the food processing industry. This new design emphasizes improved hygiene and cleanability, addressing critical concerns in food safety and operational efficiency.

Fenner Dunlop (US):

July 2023: Fenner Dunlop expanded its market presence in Asia by acquiring a conveyor belt manufacturing company in China. This strategic move aims to strengthen their position and better serve the growing demand in the region.

Fives (France):

September 2023: Fives unveiled a new conveyor belt cleaning system that significantly reduces water usage. This development aligns with global sustainability trends and offers cost savings for industries reliant on conveyor systems.

Future Outlook

Rubber Conveyor Belts Market Future Outlook

The Rubber Conveyor Belts Market is projected to grow at a 3.86% CAGR from 2024 to 2035, driven by industrial automation, demand for durable materials, and advancements in manufacturing technologies.

New opportunities lie in:

Invest in eco-friendly materials to meet sustainability demands.
Leverage IoT technology for predictive maintenance solutions.
Expand into emerging markets with tailored product offerings.

By 2035, the Rubber Conveyor Belts Market is expected to achieve robust growth, reflecting evolving industry needs and technological advancements.

Market Segmentation

Based on type, the global market has been segmented into

Heavy-weight conveyor belts.
Medium-weight,
Light-weight,

Based on application, the global market has been segmented into

Airline
Construction,
Mining,
Food,

The prominent players in the global Rubber Conveyor Belts market include

The Yokohama Rubber Co., Ltd (Japan).
Qingdao Rubber 6 Conveyer Belt Co., (China),
Goodyear Rubber Products. Inc, (US),
ContiTech AG (Germany),
Bridgestone (Japan),
Fives (France),
Volta Belting Technology Ltd (Israel),
Fenner Dunlop (US),
Intralox (US),
Bando Chemical Industries, Ltd (Japan),

Geographically, the global rubber conveyor belts market has been segmented into four major regions namely

Rest of the world.
Asia-Pacific,
Europe,
North America,

Report Scope

Report Attribute/Metric	Details
Market Size	2021: 3700.22 Million
Market Size	2032: 5745.98 Million
CAGR	4.49% (2023-2032)
Base Year	2021
Forecast Period	2023 to 2032
Historical Data	2019 & 2032
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By Technology, By Application, By Vehicle type, By EndMarket
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	Bando Chemical Industries, Ltd (Japan), Intralox (US), Fenner Dunlop (US), Volta Belting Technology Ltd (Israel), Fives (France), Bridgestone (Japan), ContiTech AG (Germany), Goodyear Rubber Products. Inc, (US), Qingdao Rubber 6 Conveyer Belt Co., (China), and The Yokohama Rubber Co., Ltd (Japan).
Key Market Opportunities	Growing demand for eco-friendly conveyor belts
Key Market Drivers	Increasing use of rubber additives

Market Highlights

Author

Sejal Akre

Senior Research Analyst

She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

Latest Comments

John Doe

john@example.com

This is a great article! Really helped me understand the topic better.

Posted on July 23, 2025, 10:15 AM

Jane Smith

jane@domain.com

Thanks for sharing this. I’ve bookmarked it for later reference.

Posted on July 22, 2025, 7:45 PM

View All