Brazil Conveyor Belt Market Report and Forecast 2026-2032

Brazil Conveyor Belt Market Insights & Analysis

The Brazil Conveyor Belt Market reached a value of nearly USD 0.89221 billion in 2025. The market is assessed to grow at a CAGR of around 6.75%, during the forecast period of 2026-2032 to attain a value of around USD 1.32 Billion in 2032. The country's mounting manufacturing base, flourishing mining sector, and rising industrial process automation trends are the major drivers contributing to improving the market share. Conveyor belts are essential for moving large quantities of materials, optimizing processes, and cutting down on physical labor in several industries.

Moreover, conveyor systems have long been in high demand due to Brazil's noteworthy mineral deposits, precisely in mining operations in places such as Minas Gerais and Pará. Also, conveyor belt demand is upsurging across the cement, chemical, and steel industries as a result of government initiatives to support infrastructure expansion & industrial development. Furthermore, the Brazil Conveyor Belt Market is shifting, owing to the integration of smart technologies, including predictive maintenance software & IoT-enabled conveyor systems.

Brazil Conveyor Belt Market FY32

• Study Period: 2020- 2032


• Base Year: 2024


• CAGR(2026-2032): 6.75%


• Market Value 2032: USD 1.32 Billion


• Major Players: Continental AG, Correias Mercúrio SA Indústria e Comércio., CVB Produtos Industriais Ltd., Evacon, Fritz SCHÄFER GmbH & Co KG, FIVES Group, and Others.

Additionally, sustainable environmental practices are another new trend across the Brazil Conveyor Belt Market.  Energy-efficient & eco-friendly conveyor belts are becoming more & more prevalent among companies.  One company that has started to manufacture recyclable rubber belts is Corrêias Mercúrio, which is in line with Brazil's green manufacturing goals.

Besides, it is projected that the Brazil Conveyor Belt Market would expand swiftly in the forthcoming years due to the increasing mining & renewable energy investments, elevated industrial activity, and escalating logistics infrastructure. Also, innovations in sustainable products, technology, and strategic associations are foreseen to be the key aspects pushing the market growth in the future years.

Brazil Conveyor Belt Market Upgrades & Recent Developments

2025:

• CVB Produtos Industriais Ltd. declared a merger with a logistics automation startup to extend its conveyor belt solutions.
• FIVES Group introduced a novel line of high-speed belts targeting Brazil’s fast-growing production segment.
• Evacon & Fritz SCHÄFER GmbH & Co KG commenced a joint venture to bring modular conveyor systems to the Brazilian market.

2024:

• Continental AG launched a smart conveyor belt system presenting predictive analytics to reduce downtime.
• Correias Mercúrio SA Indústria e Comércio joined hands with a regional mining company to supply heavy-duty belts for large-scale mining operations in Pará.