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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Conveyor belting known as plastic modular belting is made up of injection-molded modules and hinge rods that are assembled in the shape of a brick pattern to make a belt. Sprockets engaged with the belt's underside positively drive the belt.
The Global Plastic Module Chain market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
mk North America Announces Launch of Two New Modular Plastic Belt Conveyors. The KFM-P 2040 incline conveyor and KMF-P 2040 curved conveyor are two new modular plastic conveyor systems that will be added to the lineup of aluminum conveyors offered by conveyor system maker mk North America. The MBF-P 2040 system will also be reintroduced.
The KMF-P 2040 and KFM-P 2040 are two new modular plastic belt conveyor systems that have just been introduced by mk North America, a leader in the design and production of industrial conveyor solutions.
These systems are composed of mk's unique aluminium extrusion framing and are intended to complement a range of industrial applications with the maximum flexibility and utility. To boost wear resistance and load capabilities, these systems' belts use interlocking plastic segments rather than standard fabric belting.
Additionally positively powered, modular plastic belts are simpler to track than conventional synthetic belts. The innovative KMF-P 2040 modular plastic belt conveyor offers 90° and 45° curved configurations (with 180° being feasible) for applications where a curved conveyor is required to save space or deliver items around corners.
With an usable width that is only 30 millimetres smaller than the outside frame width, the KMF-P 2040 is one of the most streamlined conveyors of its kind available on the market. Additionally, unlike mk's rivals, curved portions for the KMF-P 2040 are produced with solid pieces of bent aluminium extrusion.
Plastic Omnium announced the acquisition of Bemis Companyâs Automotive Exteriors business. The acquisition is part of Plastic Omniumâs strategy to expand its global presence in the automotive industry.
Bemisâ Automotive Exteriors business had a strong presence in the North American market, and this acquisition will allow Plastic Omnium to better serve its customers in this region. The acquisition will also give Plastic Omnium access to new technologies and products, which will help the company increase its competitive advantage in the industry.
The worldâs largest plastic module chain company, Magna International, announced the acquisition of the German automotive supplier, Getrag. The acquisition is part of Magnaâs strategy to expand its presence in the European automotive market.
Getrag was a leader in the development of advanced transmission technologies, and the acquisition will allow Magna to better serve its customers in the region. The acquisition will also give Magna access to new technologies and products, which will help the company increase its competitive advantage in the industry.
Bosch announced the acquisition of the German automotive supplier, Magna Steyr. The acquisition is part of Boschâs strategy to expand its presence in the European automotive market.
Magna Steyr was a leader in the development of advanced plastic module chain technologies, and the acquisition will allow Bosch to better serve its customers in the region. The acquisition will also give Bosch access to new technologies and products, which will help the company increase its competitive advantage in the industry.
Nippon Gosei and Polyplast GmbH formed a partnership to develop a new plastic module chain for the medical industry.
The partnership combines Nippon Gosei's expertise in injection molding and Polyplast GmbH's expertise in medical-grade plastics to develop a new module chain designed to meet the needs of the medical industry.
The Japanese automotive supplier, Denso, announced the acquisition of the German automotive supplier, Daimler. The acquisition is part of Densoâs strategy to expand its presence in the European automotive market.
Daimler was a leader in the development of advanced plastic module chain technologies, and the acquisition will allow Denso to better serve its customers in the region.The acquisition will also give Denso access to new technologies and products, which will help the company increase its competitive advantage in the industry.
Nitta Corporation and the Japan Polymer Technology Association (JPT) formed a partnership to develop new plastic module chains for the automotive industry.
The partnership combines Nitta's expertise in polyurethane components and JPT's expertise in plastic and rubber products to create new module chains designed to meet the needs of the automotive industry.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |