Enclosed Conveyor Belts Market to Reach $1,029.6 million, Globally, by 2032 at 5.4% CAGR: Allied Market Research [Yahoo! Finance]
Zurn Elkay Water Solutions Corporation (ZWS)
Company Research
Source: Yahoo! Finance
Wilmington, Delaware , May 20, 2024 (GLOBE NEWSWIRE) -- Allied Market Research published a report, titled, "Enclosed Conveyor Belts Market by Enclosure Type (Fully Enclosed Belt Conveyors and Partial Enclosed Belt Conveyors), Installation Type (Overhead and Floor), and Application (Mining, Construction, Manufacturing, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2032". According to the report, the enclosed conveyor belts market was valued at $646.8 million in 2023, and is estimated to reach $1,029.6 million by 2032, growing at a CAGR of 5.4% from 2024 to 2032. Prime determinants of growth The growing use of automation in material handling processes is driving the enclosed conveyor belts market as industries prioritize efficiency, productivity, and safety. Sectors like mining, agriculture, construction, and manufacturing face pressure to meet environmental standards, making enclosed belt conveyors a preferred choice due to their ability to prevent dust emis
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ZWS
Earnings
- 4/23/24 - Beat
ZWS
Sec Filings
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- ZWS's page on the SEC website