Los Angeles, CA -- (SBWIRE) -- 01/03/2019 -- This study focuses on the production side and consumption side of Timing Belt, presents the global Timing Belt market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Timing Belt capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Timing Belt by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

This report 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.

At present, there are a mass of manufacturers in the market. Leading five companies in the market are Gates, Continental, BANDO, DAYCO and Tsubakimoto, together occupying about 40% market share in 2016. Other major manufacturers in the market are Forbo, Hutchinson, OPTIBELT, Bosch, Mitsuboshi, Timken, Schaeffler, Habasit, ACDelco, SKF, Megadyne, Federal-Mogul, Wuxi Belt, DRB, Ningbo Jiebao, Shanghai Wutong, Ningbo Fulong and Zhejiang Kaiou etc.

As downstream demand grows and technical barriers become less, there will be a huge market space for timing belt. To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of new entrants and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. In the future, timing belt market will still be a market of fierce competition.

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The Timing Belt market was valued at 2720 Million US$ in 2017 and is projected to reach 3500 Million US$ by 2025, at a CAGR of 3.2% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Timing Belt.

This report includes the following manufacturers; we can also add the other companies as you want.

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

Market Segment by Product Type

Rubber Belt

PU Belt

Market Segment by Application

Automotive

Industrial

Others

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