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Home   Plastics and Rubber    Rubber Conveyor Belts

Rubber Conveyor Belts

Global demand for rubber conveyor belts is forecast to expand 3.5% p.a. between 2016 and 2020. Currently, textile reinforced rubber conveyor belts account for 62.3% of the global demand while the remaining market share is divided between metal reinforced rubber conveyor belts (19.8%) and other rubber conveyor belts (17.9%).

China, Ethiopia, Japan, the United States and Vietnam are considered the highest potential markets in the coming years. China, India, Japan, South Africa and the United States represent the largest rubber conveyor belt markets while the strongest annual growth is forecast to occur in Ethiopia (10.8%), Cyprus (10.3%), Vietnam (9.9%), Philippines (9.2%) and Sri Lanka (6.8%).

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