Global Timing Belt Market was valued US$ 6.15Bn in 2017 and expected to reach US$ 9.6Bn in 2026, at CAGR of 5.72% during forecast period .Timing belt or else timing chain is very crucial as it prevents the pistons from hitting the valves. Automotive timing belts are essentially either toothed belts or drive belts with teeth on the inside surface. A timing chain is a simple roller chain.
Key drivers of timing belt market are the use of fibre-reinforced materials in timing belts, and rising preference of customers towards longevity of their vehicles. Almost no vibrations are produced and the no-slip problem is generated. Weight of the timing belt is less hence it can be used safely. Some of the restraint factors in the market are costly when compared to ropes. And power transfer capacity is comparatively less. Manufacturers, as well as OEMs, are exploring various research and development activities is the opportunity of the timing belt market.
The passenger car segment is estimated to lead the global timing belt market, by vehicle type. Rising consumer disposable income and increasing vehicle ownership have led to a rise in the production of passenger cars with Internal Combustion Engine (ICE) and propelled the growth of the Timing Belt Market in this segment.
A rapidly increasing rate of investment by major OEMs to intensify the strength and durability of the timing belt is expected to positively impact the market for automotive timing belts. Technological advancements in the automotive industry have resulted in a shift in focus to lightweight components. Nowadays highly sophisticated car engines operate at higher temperatures, higher speeds, and produce more power requiring highly engineered materials to meet high mileage replacement intervals as demanded by OEM’s.
Region-wise, The Asia Pacific Succeeded to be the largest market for the automotive timing belts due to the growing vehicle production in China followed by India. China and India are among the fastest growing markets in the world for automotive manufacturing and accessories manufacturing due to low production costs. Growing production of automobiles in the European region has led to an increasing demand for the automotive timing belts. However, the global automobile industry has undergone several structural changes such as technological changes in the engines, electrification of automobiles, emission norms and regulations, safety and security changes, and connectivity among others.
Key players operating in the global timing belt market, B&B Manufacturing, ContiTech, The Carlstar Group, Gates Corporation, J.K. Fenner Limited, ACDelco, Federal-Mogul Motorparts Corporation, Bando USA, Dayco, Ningbo Beidi Synchronous Belt, Goodyear SKF, , Ningbo Fulong Synchronous Belt, MAHLE Aftermarket, and Tsubaki.
Scope of Global Timing Belt Market
Global Timing Belt Market, by Product
Timing Belts
Timing Chains
Global Timing Belt Market, by Sales Channel
OEM
Aftermarket
Global Timing Belt Market, by Vehicle Type
Passenger Cars
LCV
HCV
Global Timing Belt Market, by Region
North America
Europe
Asia Pacific
Middle East and Africa
South America
Key players operating in Global Timing Belt Market
B&B Manufacturing
ContiTech
The Carlstar Group
Gates Corporation
J.K. Fenner Limited
ACDelco
Federal-Mogul Motorparts Corporation
Bando USA
Dayco
Ningbo Beidi Synchronous Belt
Goodyear SKF
Ningbo Fulong Synchronous Belt
MAHLE Aftermarket
Tsubaki.
Global Timing Belt Market
1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology
3. Executive Summary
3.1. Global Timing Belt Market Size, by Market Value (US$ Bn)
4. Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Challenges
4.2.4. Emerging Technology
4.2.5. Opportunities
4.3. Market Analysis
4.3.1. Porter’s Analysis
4.3.2. Value Chain Analysis
4.3.3. Pricing Analysis
4.3.4. Market Risk analysis
5. Global Timing Belt Market Analysis and Forecast
5.1. Global Timing Belt Market Analysis and Forecast
5.2. Global Timing Belt Market Size& Y-o-Y Growth Analysis
5.2.1. North America
5.2.2. Europe
5.2.3. Asia Pacific
5.2.4. Middle East & Africa
5.2.5. South America
6. Global Timing Belt Market Analysis and Forecast, by Vehicle type
6.1. Introduction and Definition
6.2. Key Findings
6.3. Global Timing Belt Market Value Share Analysis, by Vehicle type
6.4. Market Size (US$ Mn) Forecast, by Vehicle type
6.5. Global Timing Belt Market Analysis, by Vehicle type
6.6. Timing Belt Market Attractiveness Analysis, by Vehicle type
7. Global Timing Belt Market Analysis and Forecast, by Product
7.1. Introduction and Definition
7.2. Global Timing Belt Market Value Share Analysis, by Product
7.3. Market Size (US$ Mn) Forecast, by Product
7.4. Global Timing Belt Market Analysis, by Product
7.5. Global Timing Belt Market Attractiveness Analysis, by Product
8. Global Timing Belt Market Analysis and Forecast, by Sales Channel
8.1. Introduction and Definition
8.2. Global Timing Belt Market Value Share Analysis, by Sales Channel
8.3. Market Size (US$ Mn) Forecast, by Sales Channel
8.4. Global Timing Belt Market Analysis, by Sales Channel
8.5. Global Timing Belt Market Attractiveness Analysis, by Sales Channel
9. Global Timing Belt Market Analysis, by Region
9.1. Global Timing Belt Market Value Share Analysis, by Region
9.2. Market Size (US$ Mn) Forecast, by Region
9.3. Global Timing Belt Market Attractiveness Analysis, by Region
10. North America Timing Belt Market Analysis
10.1. Key Findings
10.2. North America Timing Belt Market Overview
10.3. North America Timing Belt Market Value Share Analysis, by Vehicle type
10.4. North America Timing Belt Market Forecast, by Vehicle type
10.4.1. Passenger Cars
10.4.2. LCV
10.4.3. HCV
10.5. North America Timing Belt Market Value Share Analysis, by Product
10.6. North America Timing Belt Market Forecast, by Product
10.6.1. Timing belts
10.6.2. Timing Chains
10.7. North America Timing Belt Market Value Share Analysis, by Sales Channel
10.8. North America Timing Belt Market Forecast, by Sales Channel
10.8.1. OEMs
10.8.2. Aftermarket
10.9. North America Timing Belt Market Value Share Analysis, by Country
10.10. North America Timing Belt Market Forecast, by Country
10.10.1. U.S
10.10.2. Canada
10.11. North America Timing Belt Market Analysis, by Country
10.12. U.S. Timing Belt Market Forecast, by Vehicle type
10.12.1. Passenger Cars
10.12.2. LCV
10.12.3. HCV
10.13. U.S. Timing Belt Market Forecast, by Product
10.13.1. Timing belts
10.13.2. Timing Chains
10.14. U.S. Timing Belt Market Forecast, by Sales Channel
10.14.1. OEMs
10.14.2. Aftermarket
10.15. Canada Timing Belt Market Forecast, by Vehicle type
10.15.1. Passenger Cars
10.15.2. LCV
10.15.3. HCV
10.16. Canada Timing Belt Market Forecast, by Product
10.16.1. Timing belts
10.16.2. Timing Chains
10.17. Canada Timing Belt Market Forecast, by Sales Channel
10.17.1. OEMs
10.17.2. Aftermarket
10.18. North America Timing Belt Market Attractiveness Analysis
10.18.1. By Type
10.18.2. By Application
10.18.3. By Industry
10.19. PEST Analysis
10.20. Key Trends
10.21. Key Developments
11. Europe Timing Belt Market Analysis
11.1. Key Findings
11.2. Europe Timing Belt Market Overview
11.3. Europe Timing Belt Market Value Share Analysis, by Vehicle type
11.4. Europe Timing Belt Market Forecast, by Vehicle type
11.4.1. Passenger Cars
11.4.2. LCV
11.4.3. HCV
11.5. Europe Timing Belt Market Value Share Analysis, by Product
11.6. Europe Timing Belt Market Forecast, by Product
11.6.1. Timing belts
11.6.2. Timing Chains
11.7. Europe Timing Belt Market Value Share Analysis, by Sales Channel
11.8. Europe Timing Belt Market Forecast, by Sales Channel
11.8.1. OEMs
11.8.2. Aftermarket
11.9. Europe Timing Belt Market Value Share Analysis, by Country
11.10. Europe Timing Belt Market Forecast, by Country
11.10.1. Germany
11.10.2. U.K.
11.10.3. France
11.10.4. Italy
11.10.5. Spain
11.10.6. Rest of Europe
11.11. Europe Timing Belt Market Analysis, by Country/ Sub-region
11.12. Germany Timing Belt Market Forecast, by Vehicle type
11.12.1. Passenger Cars
11.12.2. LCV
11.12.3. HCV
11.13. Germany Timing Belt Market Forecast, by Product
11.13.1. Timing belts
11.13.2. Timing Chains
11.14. Germany Timing Belt Market Forecast, by Sales Channel
11.14.1. OEMs
11.14.2. Aftermarket
11.15. U.K. Timing Belt Market Forecast, by Vehicle type
11.15.1. Passenger Cars
11.15.2. LCV
11.15.3. HCV
11.16. U.K. Timing Belt Market Forecast, by Product
11.16.1. Timing belts
11.16.2. Timing Chains
11.17. U.K. Timing Belt Market Forecast, by Sales Channel
11.17.1. OEMs
11.17.2. Aftermarket
11.18. France Timing Belt Market Forecast, by Vehicle type
11.18.1. Passenger Cars
11.18.2. LCV
11.18.3. HCV
11.19. France Timing Belt Market Forecast, by Product
11.19.1. Timing belts
11.19.2. Timing Chains
11.20. France Timing Belt Market Forecast, by Sales Channel
11.20.1. OEMs
11.20.2. Aftermarket
11.21. Italy Timing Belt Market Forecast, by Vehicle type
11.21.1. Passenger Cars
11.21.2. LCV
11.21.3. HCV
11.22. Italy Timing Belt Market Forecast, by Product
11.22.1. Timing belts
11.22.2. Timing Chains
11.23. Italy Timing Belt Market Forecast, by Sales Channel
11.23.1. OEMs
11.23.2. Aftermarket
11.24. Spain Timing Belt Market Forecast, by Vehicle type
11.24.1. Passenger Cars
11.24.2. LCV
11.24.3. HCV
11.25. Spain Timing Belt Market Forecast, by Product
11.25.1. Timing belts
11.25.2. Timing Chains
11.26. Spain Timing Belt Market Forecast, by Sales Channel
11.26.1. OEMs
11.26.2. Aftermarket
11.27. Rest of Europe Timing Belt Market Forecast, by Vehicle type
11.27.1. Passenger Cars
11.27.2. LCV
11.27.3. HCV
11.28. Rest of Europe Timing Belt Market Forecast, by Product
11.28.1. Timing belts
11.28.2. Timing Chains
11.29. Rest of Europe Timing Belt Market Forecast, by Sales Channel
11.29.1. OEMs
11.29.2. Aftermarket
11.30. Europe Timing Belt Market Attractiveness Analysis
11.30.1. By Type
11.30.2. By Application
11.30.3. By Industry
11.31. PEST Analysis
11.32. Key Trends
11.33. Key Developments
12. Asia Pacific Timing Belt Market Analysis
12.1. Key Findings
12.2. Asia Pacific Timing Belt Market Overview
12.3. Asia Pacific Timing Belt Market Value Share Analysis, by Vehicle type
12.4. Asia Pacific Timing Belt Market Forecast, by Vehicle type
12.4.1. Passenger Cars
12.4.2. LCV
12.4.3. HCV
12.5. Asia Pacific Timing Belt Market Value Share Analysis, by Product
12.6. Asia Pacific Timing Belt Market Forecast, by Product
12.6.1. Timing belts
12.6.2. Timing Chains
12.7. Asia Pacific Timing Belt Market Value Share Analysis, by Sales Channel
12.8. Asia Pacific Timing Belt Market Forecast, by Sales Channel
12.8.1. OEMs
12.8.2. Aftermarket
12.9. Asia Pacific Timing Belt Market Value Share Analysis, by Country
12.10. Asia Pacific Timing Belt Market Forecast, by Country
12.10.1. China
12.10.2. India
12.10.3. Japan
12.10.4. ASEAN
12.10.5. Rest of Asia Pacific
12.11. Asia Pacific Timing Belt Market Analysis, by Country/ Sub-region
12.12. China Timing Belt Market Forecast, by Vehicle type
12.12.1. Passenger Cars
12.12.2. LCV
12.12.3. HCV
12.13. China Timing Belt Market Forecast, by Product
12.13.1. Timing belts
12.13.2. Timing Chains
12.14. China Timing Belt Market Forecast, by Sales Channel
12.14.1. OEMs
12.14.2. Aftermarket
12.15. India Timing Belt Market Forecast, by Vehicle type
12.15.1. Passenger Cars
12.15.2. LCV
12.15.3. HCV
12.16. India Timing Belt Market Forecast, by Product
12.16.1. Timing belts
12.16.2. Timing Chains
12.17. India Timing Belt Market Forecast, by Sales Channel
12.17.1. OEMs
12.17.2. Aftermarket
12.18. Japan Timing Belt Market Forecast, by Vehicle type
12.18.1. Passenger Cars
12.18.2. LCV
12.18.3. HCV
12.19. Japan Timing Belt Market Forecast, by Product
12.19.1. Timing belts
12.19.2. Timing Chains
12.20. Japan Timing Belt Market Forecast, by Sales Channel
12.20.1. OEMs
12.20.2. Aftermarket
12.21. ASEAN Timing Belt Market Forecast, by Vehicle type
12.21.1. Passenger Cars
12.21.2. LCV
12.21.3. HCV
12.22. ASEAN Timing Belt Market Forecast, by Product
12.22.1. Timing belts
12.22.2. Timing Chains
12.23. ASEAN Timing Belt Market Forecast, by Sales Channel
12.23.1. OEMs
12.23.2. Aftermarket
12.24. Rest of Asia Pacific Timing Belt Market Forecast, by Vehicle type
12.24.1. Passenger Cars
12.24.2. LCV
12.24.3. HCV
12.25. Rest of Asia Pacific Timing Belt Market Forecast, by Product
12.25.1. Timing belts
12.25.2. Timing Chains
12.26. Rest of Asia Pacific Timing Belt Market Forecast, by Sales Channel
12.26.1. OEMs
12.26.2. Aftermarket
12.27. Asia Pacific Timing Belt Market Attractiveness Analysis
12.27.1. By Type
12.27.2. By Application
12.27.3. By Industry
12.28. PEST Analysis
12.29. Key Trends
12.30. Key Developments
13. Middle East & Africa Timing Belt Market Analysis
13.1. Key Findings
13.2. Middle East & Africa Timing Belt Market Overview
13.3. Middle East & Africa Timing Belt Market Value Share Analysis, by Vehicle type
13.4. Middle East & Africa Timing Belt Market Forecast, by Vehicle type
13.4.1. Passenger Cars
13.4.2. LCV
13.4.3. HCV
13.5. Middle East & Africa Timing Belt Market Value Share Analysis, by Product
13.6. Middle East & Africa Timing Belt Market Forecast, by Product
13.6.1. Timing belts
13.6.2. Timing Chains
13.7. Middle East & Africa Timing Belt Market Value Share Analysis, by Sales Channel
13.8. Middle East & Africa Timing Belt Market Forecast, by Sales Channel
13.8.1. OEMs
13.8.2. Aftermarket
13.9. Middle East & Africa Timing Belt Market Value Share Analysis, by Country
13.10. Middle East & Africa Timing Belt Market Forecast, by Country
13.10.1. GCC
13.10.2. South Africa
13.10.3. Rest of Middle East & Africa
13.11. Middle East & Africa Timing Belt Market Analysis, by Country/ Sub-region
13.12. GCC Timing Belt Market Forecast, by Vehicle type
13.12.1. Passenger Cars
13.12.2. LCV
13.12.3. HCV
13.13. GCC Timing Belt Market Forecast, by Product
13.13.1. Timing belts
13.13.2. Timing Chains
13.14. GCC Timing Belt Market Forecast, by Sales Channel
13.14.1. OEMs
13.14.2. Aftermarket
13.15. South Africa Timing Belt Market Forecast, by Vehicle type
13.15.1. Passenger Cars
13.15.2. LCV
13.15.3. HCV
13.16. South Africa Timing Belt Market Forecast, by Product
13.16.1. Timing belts
13.16.2. Timing Chains
13.17. South Africa Timing Belt Market Forecast, by Sales Channel
13.17.1. OEMs
13.17.2. Aftermarket
13.18. Rest of Middle East & Africa Timing Belt Market Forecast, by Vehicle type
13.18.1. Passenger Cars
13.18.2. LCV
13.18.3. HCV
13.19. Rest of Middle East & Africa Timing Belt Market Forecast, by Product
13.19.1. Timing belts
13.19.2. Timing Chains
13.20. Rest of Middle East & Africa Timing Belt Market Forecast, by Sales Channel
13.20.1. OEMs
13.20.2. Aftermarket
13.21. Middle East & Africa Timing Belt Market Attractiveness Analysis
13.21.1. By Type
13.21.2. By Application
13.21.3. By Industry
13.22. PEST Analysis
13.23. Key Trends
13.24. Key Developments
14. South America Timing Belt Market Analysis
14.1. Key Findings
14.2. South America Timing Belt Market Overview
14.3. South America Timing Belt Market Value Share Analysis, by Vehicle type
14.4. South America Timing Belt Market Forecast, by Vehicle type
14.4.1. Passenger Cars
14.4.2. LCV
14.4.3. HCV
14.5. South America Timing Belt Market Value Share Analysis, by Product
14.6. South America Timing Belt Market Forecast, by Product
14.6.1. Timing belts
14.6.2. Timing Chains
14.7. South America Timing Belt Market Value Share Analysis, by Sales Channel
14.8. South America Timing Belt Market Forecast, by Sales Channel
14.8.1. OEMs
14.8.2. Aftermarket
14.9. South America Timing Belt Market Value Share Analysis, by Country
14.10. South America Timing Belt Market Forecast, by Country
14.10.1. Brazil
14.10.2. Mexico
14.10.3. Rest of South America
14.11. South America Timing Belt Market Analysis, by Country/ Sub-region
14.12. Brazil Timing Belt Market Forecast, by Vehicle type
14.12.1. Passenger Cars
14.12.2. LCV
14.12.3. HCV
14.13. Brazil Timing Belt Market Forecast, by Product
14.13.1. Timing belts
14.13.2. Timing Chains
14.14. Brazil Timing Belt Market Forecast, by Sales Channel
14.14.1. OEMs
14.14.2. Aftermarket
14.15. Mexico Timing Belt Market Forecast, by Vehicle type
14.15.1. Passenger Cars
14.15.2. LCV
14.15.3. HCV
14.16. Mexico Timing Belt Market Forecast, by Product
14.16.1. Timing belts
14.16.2. Timing Chains
14.17. Mexico Timing Belt Market Forecast, by Sales Channel
14.17.1. OEMs
14.17.2. Aftermarket
14.18. Research centres Rest of South America Timing Belt Market Forecast, by Vehicle type
14.18.1. Passenger Cars
14.18.2. LCV
14.18.3. HCV
14.19. Rest of South America Timing Belt Market Forecast, by Product
14.19.1. Timing belts
14.19.2. Timing Chains
14.20. Rest of South America Timing Belt Market Forecast, by Sales Channel
14.20.1. OEMs
14.20.2. Aftermarket
14.21. South America Timing Belt Market Attractiveness Analysis
14.21.1. By Type
14.21.2. By Application
14.21.3. By Industry
14.22. PEST Analysis
14.23. Key Trends
14.24. Key Developments
15. Competitive Landscape
15.1. Market Share Analysis, by Key Players
15.2. Competition Matrix
15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment
15.2.2. Market Consolidation
15.2.2.1. M&A by regions, investment, applications
M&A Key Players, forward integration, backward integration
15.3. Company Profiles: Key Player
15.3.1. B&B Manufacturing
15.3.1.1. Company Overview
15.3.1.2. Financial Overview
15.3.1.3. Business Strategy
15.3.1.4. Recent Developments
15.3.1.5. Manufacturing Footprint
15.3.2. ContiTech
15.3.3. The Carlstar Group
15.3.4. Gates Corporation
15.3.5. J.K. Fenner Limited
15.3.6. ACDelco
15.3.7. Federal-Mogul Motorparts Corporation
15.3.8. Bando USA
15.3.9. Dayco
15.3.10. Ningbo Beidi Synchronous Belt
15.3.11. Goodyear SKF
15.3.12. Ningbo Fulong Synchronous Belt
15.3.13. MAHLE Aftermarket
15.3.14. Tsubaki
16. Primary Key Insights
