The Middle East conveyor belts market has been witnessing significant growth in the recent years. Conveyor belts are integral part of mechanical power transmission and material handling systems. They are widely used across process industries such as mining, power generation, cement, food & beverage, and others to transport bulk material over short to long distances. Conveyor belts offer operational benefits such as reduced workload, improved safety, flexibility, precise quantity transportation, and lower operating costs. Growing industrialization and rising mining activities in countries such as Saudi Arabia, UAE, and Iran have been driving the demand for conveyor belts.

The Middle East Conveyor Belts Market is estimated to be valued at US$ 247.6 Bn in 2024 and is expected to exhibit a CAGR of 42% over the forecast period 2024 to 2031.

The rapid industrialization accompanied with economic diversification initiatives by various Middle Eastern governments is a major factor driving the demand for conveyor belts. Countries are promoting manufacturing sector growth by introducing attractive FDI policies and reforms. For example, ‘Saudi Vision 2031’ aims to expand non-oil industries such as mining, construction and FMCG. This is increasing utilization of material handling equipment across process facilities. Furthermore, surge in mining activities due to large reserves of minerals such as bauxite, copper and iron ore is propelling installations of conveying systems in the region.

The current geopolitical situation in the Middle East is significantly impacting the Middle East Conveyor Belts Market Growth. The ongoing conflicts and political instability in countries like Yemen, Syria and Iraq are disrupting Belt manufacturing and transportation networks. This is hindering the easy availability of raw materials and parts for Belt manufacturers in the region. The pandemic outbreak has further exacerbated the issue by restricting cross-border movement of goods.

Geographically, Africa region offers immense opportunities for the Middle East conveyor belts market players. The sub-Saharan region in particular is witnessing rising mining, agriculture and infrastructure activity. Developing partnerships with local EPC contractors and machinery importers can help Belt producers establish early presence and gain market share. North and East African nations are also attracting industrial investments due to strategic locations, cheap labour and free trade agreements. Tapping such high growth export markets will be critical for Middle Eastern Belt companies to sustain revenue momentum over the long run.

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