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According to the latest research, the global V-Belts market size was valued at USD 2131.57 million in 2022 and is expected to expand at a CAGR of 5.42% during the forecast period, reaching USD 2926.47 million by 2028.
V belts is now the basic belt for power transmission. They provide the best combination of traction, speed of movement, load of the bearings, and long service life. They are generally endless, and their general cross-section shape is roughly trapezoidal (hence the name "V"). V-belts are easy to install, require no lubrication and decreases shock loads and low maintenance.
This report elaborates on the market size, market characteristics, and market growth of the V-Belts industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of V-Belts. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global V-Belts Market Report Include:
Market Size Estimates: V-Belts market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: V-Belts market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the V-Belts market
Segment Market Analysis: V-Belts market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: V-Belts market situations and prospects in major and top regions and countries
V-Belts Market
V-Belts Industry Chain: V-Belts market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
V-Belts Industry News, Policies by regions
V-Belts Industry Porters Five Forces Analysis
Key players in the global V-Belts market are covered in Chapter 2:
Goodyear
ContiTech
SKF
Optibelt
Dayco
Mitsuboshi Belting
Flexer Rubber
BEHA
QPower
Navyug
Dunlop
HUTCHINSON
Rubena
Sanlux
ProTorque
Bando
Lovejoy
Gates
Fenner
Megadyne
COLMANT CUVELIER
In Chapter 6 and Chapter 9, on the basis of types, the V-Belts market from 2018 to 2028 is primarily split into:
Rubber
Polymer
Neoprene
Urethane synthetic materials
In Chapter 7 and Chapter 10, on the basis of applications, the V-Belts market from 2018 to 2028 covers:
Agricultural
Industrial
Automotive
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global V-Belts market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the V-Belts industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of V-Belts market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the V-Belts industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on V-Belts market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the V-Belts market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed V-Belts market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
V belts is now the basic belt for power transmission. They provide the best combination of traction, speed of movement, load of the bearings, and long service life. They are generally endless, and their general cross-section shape is roughly trapezoidal (hence the name "V"). V-belts are easy to install, require no lubrication and decreases shock loads and low maintenance.
This report elaborates on the market size, market characteristics, and market growth of the V-Belts industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of V-Belts. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global V-Belts Market Report Include:
Market Size Estimates: V-Belts market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: V-Belts market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the V-Belts market
Segment Market Analysis: V-Belts market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: V-Belts market situations and prospects in major and top regions and countries
V-Belts Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.V-Belts Industry Chain: V-Belts market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
V-Belts Industry News, Policies by regions
V-Belts Industry Porters Five Forces Analysis
Key players in the global V-Belts market are covered in Chapter 2:
Goodyear
ContiTech
SKF
Optibelt
Dayco
Mitsuboshi Belting
Flexer Rubber
BEHA
QPower
Navyug
Dunlop
HUTCHINSON
Rubena
Sanlux
ProTorque
Bando
Lovejoy
Gates
Fenner
Megadyne
COLMANT CUVELIER
In Chapter 6 and Chapter 9, on the basis of types, the V-Belts market from 2018 to 2028 is primarily split into:
Rubber
Polymer
Neoprene
Urethane synthetic materials
In Chapter 7 and Chapter 10, on the basis of applications, the V-Belts market from 2018 to 2028 covers:
Agricultural
Industrial
Automotive
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global V-Belts market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the V-Belts industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of V-Belts market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the V-Belts industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on V-Belts market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the V-Belts market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed V-Belts market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
