Timing Belt market

Timing Belt Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Machines
  • 123 Pages
  • Report code : PMR-6805986

  • 4.7 (158)

Timing Belt Market

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Timing Belt Market studies the Timing Belt market. Timing belt is a synthetic rubber belt, which reinforced with fiber cords. It is a ribbed belt placed in a specific configuration along one side of automobile engine to keep crank and camshafts timed properly. When the engine is on, the crankshaft converts linear energy from the pistons into rotational energy. The rotating wheel drives the timing belt and eventually the timing belt drives the two camshaft opens and closes the engine's valves to allow air and gas in and out of the engine. If the timing belt does not work well, the pistons and valves may collide, so drivers should replace timing belt regularly.

Timing Belt Market contains market size and forecasts of Timing Belt in global, including the following market information:

Global Timing Belt Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Timing Belt Market Sales, 2017-2022, 2023-2028, (M Pcs)

Global top five Timing Belt companies in 2021 (%)

The global Timing Belt market was valued at 3148.8 million in 2021 and is projected to reach US$ 3715.5 million by 2028, at a CAGR of 2.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Rubber Belt Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Timing Belt include Gates, Continental, BANDO, DAYCO, Tsubakimoto, Forbo, Hutchinson, OPTIBELT and Bosch, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Timing Belt manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Timing Belt Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Pcs)

Global Timing Belt Market Segment Percentages, by Type, 2021 (%)

Rubber Belt

PU Belt

Global Timing Belt Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (M Pcs)

Global Timing Belt Market Segment Percentages, by Application, 2021 (%)

Automotive

Industrial

Others

Global Timing Belt Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Pcs)

Global Timing Belt Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Timing Belt revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Timing Belt revenues share in global market, 2021 (%)

Key companies Timing Belt sales in global market, 2017-2022 (Estimated), (M Pcs)

Key companies Timing Belt sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Gates

Continental

BANDO

DAYCO

Tsubakimoto

Forbo

Hutchinson

OPTIBELT

Bosch

Mitsuboshi

Timken

Schaeffler

Habasit

ACDelco

SKF

Megadyne

Federal-Mogul

Wuxi Belt

DRB

Ningbo Jiebao

Shanghai Wutong

Ningbo Fulong

Zhejiang Kaiou

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