Multiply Fabric Conveyor Belts

Fabric Conveyor Belts Market Outlook

The global Fabric Conveyor Belts Market is projected to reach a valuation of approximately USD 5.5 billion by 2035, with an impressive compound annual growth rate (CAGR) of around 4.8% during the forecast period from 2025 to 2035. This growth can be attributed to the increasing demand from various end-user industries such as mining, food & beverage, and construction, where efficient material handling systems are critical. Moreover, advancements in conveyor belt technology, including improved durability and versatility, are propelling the adoption of fabric conveyor belts. The rising trend of automation across industries is further bolstering market growth, as these belts provide enhanced efficiency and productivity while minimizing operational costs. Additionally, the ongoing expansion of the logistics and packaging sectors is expected to provide lucrative opportunities for market participants.

Growth Factor of the Market

Several factors are contributing to the growth of the Fabric Conveyor Belts Market. One of the primary drivers is the increasing demand for efficient material handling solutions in various industries. As businesses strive to improve operational efficiency, the need for robust conveyor systems has never been greater. Furthermore, the growth of the mining sector, which relies heavily on conveyor technology for the transportation of minerals and ores, is a significant market contributor. Another critical factor is the rising trend of automation, which is being embraced by industries looking to optimize processes and reduce labor costs. The food and beverage industry is also a notable growth area, where hygiene and compliance with regulations necessitate the use of high-quality conveyor belts. Additionally, increasing investments in infrastructure development across emerging economies are likely to drive demand for fabric conveyor belts in construction applications.

Key Highlights of the Market

• Projected global market size of USD 5.5 billion by 2035.
• Estimated CAGR of 4.8% from 2025 to 2035.
• Rising demand from industries such as mining, food & beverage, and construction.
• Technological advancements enhancing durability and efficiency in conveyor belts.
• Significant growth in the logistics and packaging sectors driving market expansion.

By Material Type

Nylon :

Nylon is one of the most commonly used materials in the fabrication of conveyor belts due to its high strength and durability. It has excellent abrasion resistance, making it suitable for environments where wear and tear are significant concerns. Nylon conveyor belts are lightweight and flexible, allowing for easy handling and installation. They are particularly effective in industries where high tensile strength is required, such as mining and construction. The versatility of nylon also enables manufacturers to design belts that can cater to specific applications, enhancing their utility across various sectors. With the increasing demand for reliable and long-lasting conveyor systems, the nylon segment is expected to continue its growth trajectory in the coming years.

Polyester :

Polyester conveyor belts are known for their exceptional dimensional stability and low elongation properties. This material type is often favored for its resistance to moisture and chemical agents, making it an ideal choice for the food and beverage industry where hygiene is crucial. Polyester belts exhibit good strength-to-weight ratios, enabling smoother movements and less energy consumption, which can lead to cost savings for businesses. Furthermore, the availability of recycled polyester options is appealing to environmentally conscious companies, allowing them to meet sustainability goals while maintaining efficient operations. The polyester segment is anticipated to witness robust growth, especially in sectors that prioritize both performance and environmental impact.

Cotton :

Cotton conveyor belts are appreciated for their natural fiber composition, which provides excellent grip and friction. They are typically used in light to medium-weight applications due to their relatively lower tensile strength compared to synthetic materials. Cotton belts are particularly prevalent in industries dealing with bulk materials, such as agriculture and food processing. Their ability to absorb moisture can be beneficial in specific applications, such as transporting fruits and vegetables. However, cotton belts may have limitations concerning durability and chemical resistance when compared to synthetic options. Nonetheless, the cotton segment caters to a niche market that values traditional materials and their unique properties.

Steel Reinforced :

Steel reinforced conveyor belts are engineered to provide maximum strength and durability, making them ideal for heavy-duty applications in the mining and construction industries. The integration of steel into the belt structure enhances its load-bearing capacity and resistance to impact, making it suitable for transporting heavy materials. These belts are particularly useful in environments where extreme conditions are prevalent, such as high temperatures and abrasive materials. The steel reinforcement also ensures minimal elongation, maintaining the integrity of the conveyor system over time. With the rising demand for robust solutions in industrial applications, steel reinforced conveyor belts are likely to see continued growth in the market.

Aramid :

Aramid conveyor belts are recognized for their exceptional strength-to-weight ratio and resistance to heat and chemicals. This high-performance material is commonly used in specialized applications where extreme conditions are present, such as in the aerospace, automotive, and construction industries. Aramid belts offer superior dimensional stability and low stretch capabilities, ensuring that they maintain their shape under heavy loads. The lightweight nature of aramid also results in reduced energy consumption during operation, which can lead to lower operational costs for businesses. As industries continue to seek innovative solutions, the aramid segment is expected to gain traction due to its unique properties and advantages.

By User Industry

Mining :

The mining industry is a significant consumer of fabric conveyor belts, as these systems are crucial for the efficient transportation of extracted minerals and raw materials. Fabric conveyor belts are utilized in various mining operations, including coal, metal, and non-metal extraction. Their ability to withstand harsh conditions, such as heavy loads and abrasive materials, makes them ideal for this sector. Furthermore, advancements in conveyor technology have led to the development of belts that offer enhanced performance and longevity, reducing maintenance costs for mining companies. As global demand for minerals continues to rise, the mining industry is expected to remain a key driver of growth for the fabric conveyor belts market.

Food & Beverage :

The food and beverage industry requires conveyor systems that meet strict hygiene standards and facilitate the efficient handling of products. Fabric conveyor belts crafted from food-grade materials are designed to ensure the safe transportation of food items, avoiding contamination and maintaining quality. These belts are used in various applications, including processing, packaging, and distribution of food products. The growing trend of automation in the food industry is further propelling the demand for advanced conveyor solutions, as manufacturers seek to enhance productivity while adhering to food safety regulations. As this sector continues to evolve, the food and beverage industry will likely contribute significantly to the expansion of the fabric conveyor belts market.

Construction :

In the construction industry, fabric conveyor belts play a vital role in the efficient handling of materials and equipment throughout various stages of building projects. These belts are used for transporting aggregates, concrete, and other construction materials, enabling smoother operations and reducing labor costs. The heavy-duty nature of fabric conveyor belts ensures that they can withstand the rigors of construction environments, where heavy loads and harsh conditions are commonplace. As infrastructure development continues to grow worldwide, driven by urbanization and increased investment in public works, the construction sector is poised to be a substantial market segment for fabric conveyor belts.

Automotive :

The automotive industry is another prominent user of fabric conveyor belts, which are essential in assembly lines for the efficient movement of components during manufacturing processes. These belts are designed to handle a variety of automotive parts, from lightweight components to heavier assemblies, thereby enhancing production efficiency. With the rise of electric vehicles and technological advancements in automotive manufacturing, there is an increasing demand for specialized conveyor solutions that can accommodate new production techniques. The automotive sector's continued growth and innovation will likely drive the demand for fabric conveyor belts in the coming years.

Packaging :

The packaging industry relies heavily on conveyor systems to streamline operations and improve efficiency in the handling of packaged goods. Fabric conveyor belts are used in various stages of packaging, including sorting, filling, and palletizing, ensuring that products are moved seamlessly through the supply chain. The increasing focus on automation and the adoption of smart technologies in packaging processes are encouraging manufacturers to invest in advanced conveyor solutions. As consumer demand for packaged products continues to rise, especially in e-commerce and retail, the packaging industry is expected to remain a significant contributor to the growth of the fabric conveyor belts market.

By Belt Type

Flat Belt Conveyors :

Flat belt conveyors are among the most commonly used types of conveyor systems, characterized by their simple design and versatility. These belts are suitable for a wide range of applications and can transport products of various shapes and sizes. Their flat surface enables easy loading and unloading of goods, making them ideal for use in manufacturing, distribution, and warehouse settings. Moreover, flat belt conveyors can be customized with different materials and configurations to meet specific operational requirements. The growing need for efficient material handling solutions across industries is expected to drive the demand for flat belt conveyors in the fabric conveyor belts market.

Modular Belt Conveyors :

Modular belt conveyors consist of interlocking plastic or metal segments, providing flexibility in design and configuration. This type of conveyor system is particularly advantageous in applications that require frequent product changes or the transportation of irregularly shaped items. Modular belts offer enhanced durability and ease of maintenance, as individual segments can be easily replaced if damaged. Their adaptability makes them suitable for various industries, including food processing, packaging, and logistics. As companies increasingly prioritize efficiency and flexibility in their operations, the modular belt conveyor segment is likely to experience significant growth in the coming years.

Cleated Belt Conveyors :

Cleated belt conveyors are designed with raised sections or cleats along the belt surface, which helps to prevent the movement of products during transportation. This feature is particularly useful for handling bulk materials and items that require an incline or decline during transport. Cleated belt conveyors are commonly used in industries such as food processing, mining, and agriculture, where material control and efficient movement are critical. The ability to customize cleat height and spacing allows for optimal performance in various applications. The demand for cleated belt conveyors is expected to rise as industries seek reliable solutions for transporting materials in challenging conditions.

Roller Conveyors :

Roller conveyors are an innovative solution for material handling that utilizes a series of rollers to facilitate the movement of goods. This design reduces friction and allows for smooth transportation, making it particularly effective for heavy or bulky items. Roller conveyors are widely used in warehouses, distribution centers, and manufacturing facilities, where efficient movement of products is essential. They can be configured in various layouts and are often used in conjunction with other conveyor types to create a comprehensive material handling system. The growing emphasis on automation and operational efficiency is likely to drive the adoption of roller conveyors in the fabric conveyor belts market.

Timing Belt Conveyors :

Timing belt conveyors are engineered to provide precise movement and positioning of products, thanks to their toothed belts that ensure synchronization. This type of conveyor is ideal for applications where accurate alignment and timing are critical, such as in assembly lines and packaging processes. Timing belt conveyors are commonly used in the automotive, electronics, and food industries, where high-speed operations demand reliability. The ability to customize belt lengths and widths makes them versatile for various applications. As industries continue to seek solutions that enhance precision and efficiency, the demand for timing belt conveyors is poised to increase significantly.

By Application

Light Weight :

Lightweight conveyor belts are designed for handling less intensive applications, making them ideal for the transportation of smaller and lighter items. These belts are commonly used in industries such as food and beverage, packaging, and electronics, where the movement of lightweight products is prevalent. The flexibility and ease of installation of lightweight belts enhance their attractiveness for businesses seeking efficient material handling solutions. As the e-commerce sector expands and the demand for fast and efficient logistics solutions grows, the lightweight application segment is expected to witness steady growth, driving further adoption of fabric conveyor belts.

Medium Weight :

Medium-weight conveyor belts are designed to handle moderate loads and are utilized across various industries, including manufacturing, food processing, and automotive. These belts strike a balance between durability and flexibility, making them suitable for diverse applications. The reliable performance of medium-weight belts enables businesses to optimize their operations and enhance productivity. As manufacturers seek to improve their supply chain efficiency, the demand for medium-weight conveyor solutions is anticipated to grow, contributing to the overall expansion of the fabric conveyor belts market.

Heavy Weight :

Heavyweight conveyor belts are engineered to transport heavy materials and products, making them essential in industries such as mining, construction, and bulk handling. These belts are designed to withstand extreme conditions, including high impact and abrasion, ensuring they can handle the demands of heavy-duty applications. The durability and strength of heavyweight belts contribute to their reliability in transporting large quantities of materials efficiently. As global infrastructure projects continue to rise and the demand for raw materials grows, the heavyweight application segment is expected to see significant growth, reinforcing the fabric conveyor belts market's upward trajectory.

By Region

The Fabric Conveyor Belts Market exhibits a diverse regional landscape, with North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa contributing to its growth. North America is expected to dominate the market, accounting for approximately 35% of the total share by 2035, driven primarily by the heightened demand from the automotive and food processing industries. The region is characterized by advanced manufacturing capabilities and a focus on innovative technologies, which support the adoption of modern conveyor solutions. Furthermore, robust infrastructure development and ongoing investments in automation across various sectors are enhancing market growth in North America.

Europe is anticipated to follow closely, with a significant market share attributed to the region's strong automotive and packaging sectors. The CAGR for the European market is expected to be around 4.5% from 2025 to 2035, fueled by the increasing focus on sustainable manufacturing practices and technological advancements. Meanwhile, the Asia Pacific region is likely to experience rapid growth, driven by industrialization and infrastructure development in countries such as China and India. As these nations continue to invest heavily in various sectors, the demand for fabric conveyor belts is expected to rise proportionately. Overall, the regional analysis reflects a healthy competitive landscape with opportunities for growth across all areas.

Opportunities

The Fabric Conveyor Belts Market presents numerous opportunities for growth and innovation, particularly as industries increasingly adopt automation and advanced technologies. With the ongoing trend of Industry 4.0, many companies are seeking solutions that integrate smart systems and the Internet of Things (IoT) into their operations. This demand for automated material handling solutions opens doors for manufacturers of fabric conveyor belts to develop cutting-edge products that enhance efficiency and data tracking capabilities. Furthermore, the growing emphasis on sustainability and eco-friendly materials presents an opportunity for manufacturers to innovate by incorporating recycled and biodegradable materials into their product offerings, catering to the needs of environmentally conscious consumers.

Additionally, the expansion of the e-commerce sector is contributing significantly to the demand for efficient logistics and supply chain solutions, driving the need for advanced conveyor systems. Companies are increasingly looking for ways to improve order fulfillment and reduce transportation costs, making fabric conveyor belts an attractive solution. As businesses strive to optimize their operations and enhance productivity, the demand for specialized conveyor solutions tailored to specific applications is expected to rise. The ability to provide customized solutions that meet the unique needs of various industries will create significant opportunities for growth within the fabric conveyor belts market.

Threats

While the Fabric Conveyor Belts Market presents ample opportunities, it is not without its challenges and threats. One of the primary concerns is the growing competition from alternative material handling solutions, such as automated guided vehicles (AGVs) and robotic systems. As industries seek to enhance operational efficiency and reduce labor costs, the shift towards these advanced solutions may impact the demand for traditional conveyor systems. Furthermore, fluctuations in raw material prices can pose a threat to manufacturers, as increasing costs may lead to inflated prices for conveyor belts, potentially affecting sales and profit margins. Companies will need to navigate these challenges strategically to maintain their market position and profitability in a dynamic landscape.

Another significant threat is the potential disruption caused by technological advancements that may render existing conveyor systems obsolete. As new technologies emerge, manufacturers must continuously innovate and invest in research and development to stay ahead of the competition. Failing to adapt to changing market conditions and customer preferences can result in lost opportunities and decreased market share. Additionally, economic downturns and fluctuations in demand from key end-user industries can lead to decreased orders and revenue for fabric conveyor belt manufacturers. To mitigate these threats, companies must remain agile and responsive to market trends while focusing on innovation and customer satisfaction.

Competitor Outlook

• ContiTech AG
• Goodyear Rubber Company
• Fenner PLC (Michelin)
• Schneider Electric
• Ammeraal Beltech
• Intralox, LLC
• Habasit AG
• Bando Chemical Industries, Ltd.
• Wuxi Dingtian Rubber Belt Co., Ltd.
• Kraft Power Corporation
• Volta Belting Technology Ltd.
• Gates Corporation
• Belting Products Co., Inc.
• Mezhdurechensk Rubber Plant
• Shanxi Yanshan Conveyor Belt Co., Ltd.

The competitive landscape of the Fabric Conveyor Belts Market is characterized by the presence of numerous players offering a diverse range of products and solutions. Companies are continually investing in research and development to create innovative conveyor systems that cater to the evolving needs of various industries. Additionally, strategic partnerships and collaborations among manufacturers are becoming increasingly common as companies seek to leverage each other's strengths and broaden their product offerings. The market is also witnessing a consolidation trend, where larger firms are acquiring smaller players to enhance their market presence and expand their technological capabilities.

Major companies such as ContiTech AG and Fenner PLC (Michelin) are recognized for their extensive product portfolios and strong market positions. ContiTech AG, a leading manufacturer of conveyor belt systems, offers a wide array of solutions tailored to specific applications across various industries. Their focus on innovation and sustainability positions them favorably in an increasingly competitive market. Fenner PLC (Michelin) specializes in providing high-quality conveyor belts for heavy-duty applications, particularly in the mining sector. Their commitment to quality and customer service has earned them a loyal customer base and a strong reputation.

Another notable player, Ammeraal Beltech, focuses on modular and lightweight conveyor solutions, catering to the packaging and food processing industries. Their emphasis on customization and product versatility has helped them adapt to changing market demands effectively. Intralox, LLC, with its innovative modular belting technology, has established a strong foothold in the market by offering solutions that enhance efficiency and reduce downtime for customers. As these companies continue to innovate and adapt to market dynamics, they will play a crucial role in shaping the future of the fabric conveyor belts market.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Habasit AG
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 ContiTech AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Intralox, LLC
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Ammeraal Beltech
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Gates Corporation
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Schneider Electric
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Fenner PLC (Michelin)
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Goodyear Rubber Company
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Kraft Power Corporation
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Belting Products Co., Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Mezhdurechensk Rubber Plant
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Volta Belting Technology Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Bando Chemical Industries, Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Wuxi Dingtian Rubber Belt Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Shanxi Yanshan Conveyor Belt Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Multiply Fabric Conveyor Belts Market, By Belt Type
    • 6.1.1 Flat Belt Conveyors
    • 6.1.2 Modular Belt Conveyors
    • 6.1.3 Cleated Belt Conveyors
    • 6.1.4 Roller Conveyors
    • 6.1.5 Timing Belt Conveyors
  • 6.2 Multiply Fabric Conveyor Belts Market, By Application
    • 6.2.1 Light Weight
    • 6.2.2 Medium Weight
    • 6.2.3 Heavy Weight
  • 6.3 Multiply Fabric Conveyor Belts Market, By Material Type
    • 6.3.1 Nylon
    • 6.3.2 Polyester
    • 6.3.3 Cotton
    • 6.3.4 Steel Reinforced
    • 6.3.5 Aramid
  • 6.4 Multiply Fabric Conveyor Belts Market, By User Industry
    • 6.4.1 Mining
    • 6.4.2 Food & Beverage
    • 6.4.3 Construction
    • 6.4.4 Automotive
    • 6.4.5 Packaging

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Multiply Fabric Conveyor Belts Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Multiply Fabric Conveyor Belts market is categorized based on

By Material Type

• Nylon
• Polyester
• Cotton
• Steel Reinforced
• Aramid

By User Industry

• Mining
• Food & Beverage
• Construction
• Automotive
• Packaging

By Belt Type

• Flat Belt Conveyors
• Modular Belt Conveyors
• Cleated Belt Conveyors
• Roller Conveyors
• Timing Belt Conveyors

By Application

• Light Weight
• Medium Weight
• Heavy Weight

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• ContiTech AG
• Goodyear Rubber Company
• Fenner PLC (Michelin)
• Schneider Electric
• Ammeraal Beltech
• Intralox, LLC
• Habasit AG
• Bando Chemical Industries, Ltd.
• Wuxi Dingtian Rubber Belt Co., Ltd.
• Kraft Power Corporation
• Volta Belting Technology Ltd.
• Gates Corporation
• Belting Products Co., Inc.
• Mezhdurechensk Rubber Plant
• Shanxi Yanshan Conveyor Belt Co., Ltd.