Market Share of Rubber Conveyor Belt Industry
The market is fragmented owing to an increasing number of end-user industries deploying conveyor belts for ease in processing and mergers by companies to bring innovation in this domain.
- Continental, a technology business, has developed a service solution for monitoring conveyor belt systems that allow for early detection of weak places along with a belt conveyor system before damage occurs, resulting in unplanned and costly downtimes. The innovative technique combines visual and auditory assessment in one device.
- Conveyor technology is increasingly using sophisticated materials, according to designers. Food manufacturers in the United States, for example, can benefit from "detector" conveyors that employ food-grade belts to stay in line with FDA regulations. Bacteria-resistant and capable of detecting microscopic pieces, these belts are suitable for this purpose.
- RFID (radio-frequency identification) technology is being used in a variety of industries. From the ordering stage until delivery, the ability to track products and processes in real-time may greatly improve logistics operations, increase customer experience, and improve supply chains. RFID technology is being integrated into self-contained conveyor systems that make control decisions automatically and allow numerous operations spanning multiple items to run at the same time.
Rubber Conveyor Belt Market Leaders
Oxford Rubbers Pvt. Ltd.
Muller Beltex B.V.
T-Rex Rubber International B.V.
The Yokohama Rubber Co. Ltd.
Bando Chemical Industries Ltd.
*Disclaimer: Major Players sorted in no particular order
