Industry Trends
The market size of conveyor belts has been steadily expanding, and the demand for high-end products
date:2021-10-15
In 2024, the market size of China's conveyor belt industry achieved a new breakthrough, with an average annual compound growth rate maintained at around 5.8%. The market demand structure has been continuously optimized. The proportion of traditional ordinary conveyor belts has been declining year by year, while high-performance products such as steel wire rope cores and aramid fiber reinforced types have seen significant growth, with an annual growth rate exceeding 15%. The demand from traditional sectors such as coal, mining and ports still accounts for over 65%, while the demand for special conveyor belts in emerging scenarios like new energy battery manufacturing, photovoltaic module production lines and cold chain warehousing is rapidly released, driving the market penetration rate of high-end products to advance from 30% to 50%. The policy end's "dual carbon" goals and the guidance of intelligent manufacturing planning have accelerated the industry's transformation towards high-quality development.
Address
China (Boye) conveyor belt Industrial zone
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