Best Conveyor belt manufacturers
The conveyor belt market in India is estimated at US$ 550 million in 2023 which is expected to reach US$ 800 million by 2030 driven by the adoption of smart manufacturing practices, the rapid expansion of e-commerce, and the government’s push for infrastructure development.
The global conveyor belt market will reach US$ 5 billion in 2023 and is expected to reach US$ 10 billion by 2030. There is a huge opportunity for conveyor belt manufacturers both in the domestic market and international markets.
Indian economy is growing over 6% annually. Government of India is focusing on make in India with PLI schemes to drive manufacturing sector in India. That will further boost the conveyor belt industry in India.
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Conveyor belt
Conveyor belts refer to equipment that helps in material handling. A conveyor belt helps in transporting supplies, materials, and components efficiently and effortlessly in manufacturing facilities. Conveyor belts are extensively used across the manufacturing, aviation, airports, mining, chemical, automotive, e-commerce, pharma, and oil and gas industries in India.
Conveyor belt types
Conveyor belts are manufactured from polyvinyl chloride (PVC) and various materials, such as styrene-butadiene rubber, nylon, thermoplastics, and polyesters. Conveyor belts can be broadly categorized into seven main types such as roller, belt, modular plastic, flexible, slat, spiral, and pallet conveyors.
Conveyor belts are used in transporting materials from one place to another places inside the plant particularly in manufacturing setup. This helps in moving raw materials, finished products, etc. Conveyor belts are used across industries such as mines, pharmaceuticals, etc.
Emerging Trends in Conveyors belt manufacturing
AI use in Smart Conveyor Belts: companies are now integrating IoT and AI technologies to make conveyor belts smart so that they can monitor their performance, detect faults, and optimize operations.
Use of sustainable Materials: manufacturers are using sustainable materials in conveyor belts, such as recycled rubber and biodegradable components, to reduce environmental impact and minimize power consumption.
Conveyor belt manufacturers
Manu small and large players are manufacturing conveyor belts in India. Conveyor belt manufacturers are providing the backbone for efficient material handling. Below are some conveyor belt manufacturers that offer a variety of belts tailored to specific industry needs. There are a few listed conveyor belt manufacturers in India. We have separated them as listed and non-listed conveyor belt manufacturers.
| Conveyor Belt Manufacturers | Listed in NSE | Stock Symbol | Type of Listing |
|---|---|---|---|
| Oriental Rubber Industries Pvt. Ltd. | |||
| Somi Conveyor Beltings Ltd. – | Yes | SOMICONVEY | Mainboard |
| Fenner Conveyor Belting Pvt Ltd | |||
| Continental Belting Pvt. Ltd. | |||
| Pentagon Rubber Private Limited | Yes | PENTAGON | SME |
| Shriram Beltings India Private Limited | |||
| Mahajan Beltings Industrial Corporation India | |||
| Dynamic Rubbers Pvt Ltd. | |||
| Jaytex International | |||
| Ace Conveyor Solutions | |||
| Sempertrans India Private Limited | |||
| International conveyors | Yes | INTLCONV | Mainboard |
| Miletech Conveyor Belt | |||
| Dunlop Starflex Conveyor Belts | |||
| Jash Engineering Ltd. | Yes | JASENG | Mainboard |
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