Reports
South Africa Conveyor Belt Market Size, Trends, Forecast: By Product Type: Medium-Weight Conveyor Belt, Light-Weight Conveyor Belt, Heavy-Weight Conveyor Belt; By End Use: Mining and Metallurgy, Manufacturing, Chemicals, Oils, and Gases, Aviation, Others; Market Dynamics: SWOT Analysis; Competitive Landscape; 2024-2032
South Africa Conveyor Belt Market Outlook
The South Africa conveyor belt market is expected to grow at a CAGR of 4.86% during the forecast period of 2024-2032.
Industrial Uses of Conveyor Belts to Streamline Business Operations Aiding the Market Growth
The South African market for conveyor belts is being driven by the rising use of conveyor belts in various industrial uses, including the manufacturing, aviation, and chemical industry, among others. A conveyor belt is significant to streamline operations wherein the movement of heavy items is required in a short span of time. In addition to this, consumer applications of conveyor belts in South Africa include applications in public settings like airports and supermarkets, among other applications, hence propelling the market growth in the region.
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Conveyor Belt: Market Segmentation
Conveyor belts are mechanical devices used for carrying heavy objects. Generally comprised of two or more pulleys are used to streamline various operations.
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On the basis of product type, the market can be divided into:
- Medium-Weight Conveyor Belt
- Light-Weight Conveyor Belt
- Heavy-Weight Conveyor Belt
Based on end use, the market can be segmented into:
- Mining and Metallurgy
- Manufacturing
- Chemicals, Oils, and Gases
- Aviation
- Others
Increasing Use of Automation to Propel the Market Growth of Conveyor Belts
Factors such as increasing focus on automation due to the advancement of digital technology with software like the Artificial Intelligence (AI) and Internet of Things (IoT) are having a positive influence on the market growth of conveyor belts in South Africa. In addition to this, the flourishing manufacturing sector with logistics automation is expected to have a positive impact on the market growth of conveyor belts in the coming years. Automatic conveyor belts aid in reducing manual operations, boosts productivity, and minimise the risk of errors, thereby augmenting their reliability. These factors are thus contributing to the market growth of conveyor belts in South Africa.
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Key Industry Players in the South Africa Conveyor Belt Market
The report presents a detailed analysis of the following key players in the South Africa conveyor belt market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions:
- National Conveyor Products
- Oriental Rubber Industries Pvt Ltd.
- Truco SA
- Fenner Conveyor Belting (SA) (Pty) Ltd
- Interflex Holdings (Pty) Ltd
- Others
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
Key Highlights of the Report:
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product Type, End Use |
| Breakup by Product Type | Medium-Weight Conveyor Belt, Light-Weight Conveyor Belt, Heavy-Weight Conveyor Belt |
| Breakup by End Use | Mining and Metallurgy, Manufacturing, Chemicals, Oils, and Gases, Aviation, Others |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | National Conveyor Products, Oriental Rubber Industries Pvt Ltd., Truco SA, Fenner Conveyor Belting (SA) (Pty) Ltd, Interflex Holdings (Pty) Ltd, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 South Africa
7 Opportunities and Challenges in the Market
8 South Africa Conveyor Belt Market Analysis
8.1 Key Industry Highlights
8.2 South Africa Conveyor Belt Historical Market (2018-2023)
8.3 South Africa Conveyor Belt Market Forecast (2024-2032)
8.4 South Africa Conveyor Belt Market by Product Type
8.4.1 Medium-Weight Conveyor Belt
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Light-Weight Conveyor Belt
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Heavy-Weight Conveyor Belt
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.5 South Africa Conveyor Belt Market by End Use
8.5.1 Mining and Metallurgy
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Manufacturing
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Chemicals, Oils, and Gases
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Aviation
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
9 Market Dynamics
9.1 SWOT Analysis
9.1.1 Strengths
9.1.2 Weaknesses
9.1.3 Opportunities
9.1.4 Threats
9.2 Porter’s Five Forces Analysis
9.2.1 Supplier’s Power
9.2.2 Buyer’s Power
9.2.3 Threat of New Entrants
9.2.4 Degree of Rivalry
9.2.5 Threat of Substitutes
9.3 Key Indicators for Demand
9.4 Key Indicators for Price
10 Value Chain Analysis
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 National Conveyor Products
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Oriental Rubber Industries Pvt Ltd.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Truco SA
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Fenner Conveyor Belting (SA) (Pty) Ltd
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Interflex Holdings (Pty) Ltd
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Key Trends and Developments in the Market
List of Key Figures and Tables
1. South Africa Conveyor Belt Market: Key Industry Highlights, 2018 and 2032
2. South Africa Conveyor Belt Historical Market: Breakup by Product Type (USD Million), 2018-2023
3. South Africa Conveyor Belt Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4. South Africa Conveyor Belt Historical Market: Breakup by End Use (USD Million), 2018-2023
5. South Africa Conveyor Belt Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. South Africa Conveyor Belt Market Structure
Key Questions Answered in the Report
The South Africa conveyor belt market is projected to grow at a CAGR of 4.86% in the forecast period of 2024-2032.
The market is being driven by the rising use of conveyor belts in various industry applications.
The market is expected to be driven by the rising adoption of automation in logistics, owing to the advent of digital software technology like AI and IoT.
The significant product types of conveyor belts are medium-weight conveyor belt, light-weight conveyor belt, and heavy-weight conveyor belt.
The major end uses of conveyor belts are mining and metallurgy, manufacturing, chemicals, oil, and gases, and aviation, among others.
The major players in the industry are National Conveyor Products, Oriental Rubber Industries Pvt Ltd., Truco SA., Fenner Conveyor Belting (SA) (Pty) Ltd, and Interflex Holdings (Pty) Ltd, among others.
Analyst Review
The South Africa conveyor belt market is driven by the rising demand for the product from various industry end uses. Aided by advancements in technology, the market is expected to grow at a CAGR of 4.86% in the forecast period of 2024-2032.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. On the basis of product type, the market can be classified into medium-weight conveyor belt, light-weight conveyor belt, and heavy-weight conveyor belt. Based on end use, the major industry segmentations include mining and metallurgy, manufacturing, chemicals, oil, and gases, and aviation, among others. The key players in the industry are National Conveyor Products, Oriental Rubber Industries Pvt Ltd., Truco SA., Fenner Conveyor Belting (SA) (Pty) Ltd, and Interflex Holdings (Pty) Ltd, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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