Industry Trends
The regional pattern of the conveyor belt industry has been optimized, and the industrial concentrat
date:2022-10-13
The regional layout of the conveyor belt industry shows a trend of "core agglomeration and multi-point growth". Shandong, Jiangsu, Zhejiang and other regions in East China remain manufacturing clusters, relying on a complete industrial chain to occupy more than 65% of the consumption share. The central and western regions have benefited from the construction of new energy bases and the accelerated development of mineral resources, with their demand growth rate being 2 to 3 percentage points higher than the national average. The industry concentration has continued to rise. In 2023, the market share of the top ten enterprises reached 35%, an increase of 5 percentage points compared with 2020. It is expected to exceed 60% by 2030. Leading enterprises have integrated resources through intelligent transformation and green factory construction, while small and medium-sized enterprises have focused on niche fields and taken a differentiated competition route. The market pattern has been continuously optimized.
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China (Boye) conveyor belt Industrial zone
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