Automotive Belt Market Trends, Business Overview, Industry Growth and Forecast to 2028

Automotive belts provide a connecting link between two parallel rotating shafts to which the belt transmits power and to which the belt is secured to an interlocked pulley. Power transmission occurs smoothly by friction from the drive shaft to the driven shaft via these belts. Automotive belts are also utilized as timing belts to synchronize the function of engine valves via camshafts.

 

Key Players

 

• Gates Corporation
• Midas International Corporation
• Mitsuboshi Belting Ltd. Group
• Helicord Transmissions Pvt. Ltd.
• BandB Manufacturing
• The Carlstar Group LLC
• Continental AG
• Bearings and Power Transmission Solutions
• CRP Industries Inc
• BG Automotive
• Hutchinson Group
• Bando Chemical Industries Ltd.

 

Market – Segmentation

By Type

• Timing Belts
• Drive Belts

 

By Application

• Passenger Vehicle
• Commercial Vehicle

 

Scope of the Report

 

The research study analyses the Global Automotive Belt Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

 

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage 

 

• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume

 

Key Questions Answered by Automotive Belt Market Report :

1. What was the Automotive Belt Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Belt Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Belt Market was the market leader in 2021s?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.