Industry: Automobile & Transportation
Published Date: 2025-09-06
Pages: 95 Pages
Report ld: 5015929
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Automotive Belt Market Size(US$)

CAGR 2025-2031
6.5%
Market Size,2031
USD 23,540
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Automotive Belt market size was US$ 15240 million in 2024 and is forecast to a readjusted size of US$ 23540 million by 2031 with a CAGR of 6.5% during the forecast period 2025-2031.
By 2025, the evolving U.S. tariff policy is poised to inject considerable uncertainty into the global economic landscape. This report delves into the latest U.S. tariff measures and the corresponding policy responses across the globe, evaluating their impacts on Automotive Belt market competitiveness, regional economic performance, and supply chain configurations.
Automotive Belt are power transmission belts that provide a connective link between two parallel rotating shafts, these shafts are fixed with pulleys upon which the belt is looped.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world"s automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world"s largest car exporter, exporting more than 3.5 million vehicles in 2022.
The global Automotive Belt market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Automotive Belt market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Drive Belts in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Commercial Vehicle in India).
Chapter 6: Regional sales and revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
This is not just another market study. By fusing global trend analysis with hyper-local operational intelligence, we deliver:
- Risk-Controlled Market Entry: Navigate regulatory complexities in focus markets (e.g., China’s policies).
- Product Portfolio Optimization: Align offerings with regional preferences (e.g., Timing Belts dominance in Europe vs. Drive Belts demand in MEA).
- Competitor Counterstrategies: Decode player tactics in fragmented vs. consolidated markets.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Automotive Belt Product Scope
1.2 Automotive Belt by Type
1.2.1 Global Automotive Belt Sales by Type (2020 & 2024 & 2031)
1.2.2 Timing Belts
1.2.3 Drive Belts
1.3 Automotive Belt by Application
1.3.1 Global Automotive Belt Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 Passenger Vehicle
1.3.3 Commercial Vehicle
1.4 Global Automotive Belt Market Estimates and Forecasts (2020-2031)
1.4.1 Global Automotive Belt Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Automotive Belt Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Automotive Belt Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Automotive Belt Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Automotive Belt Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Automotive Belt Sales Market Share by Region (2020-2025)
2.2.2 Global Automotive Belt Revenue Market Share by Region (2020-2025)
2.3 Global Automotive Belt Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Automotive Belt Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Automotive Belt Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Automotive Belt Market Size and Prospective (2020-2031)
2.4.2 Europe Automotive Belt Market Size and Prospective (2020-2031)
2.4.3 China Automotive Belt Market Size and Prospective (2020-2031)
2.4.4 Japan Automotive Belt Market Size and Prospective (2020-2031)
2.4.5 South Korea Automotive Belt Market Size and Prospective (2020-2031)
2.4.6 India Automotive Belt Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Automotive Belt Historic Market Review by Type (2020-2025)
3.1.1 Global Automotive Belt Sales by Type (2020-2025)
3.1.2 Global Automotive Belt Revenue by Type (2020-2025)
3.1.3 Global Automotive Belt Price by Type (2020-2025)
3.2 Global Automotive Belt Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Automotive Belt Sales Forecast by Type (2026-2031)
3.2.2 Global Automotive Belt Revenue Forecast by Type (2026-2031)
3.2.3 Global Automotive Belt Price Forecast by Type (2026-2031)
3.3 Different Types Automotive Belt Representative Players
4 Global Market Size by Application
4.1 Global Automotive Belt Historic Market Review by Application (2020-2025)
4.1.1 Global Automotive Belt Sales by Application (2020-2025)
4.1.2 Global Automotive Belt Revenue by Application (2020-2025)
4.1.3 Global Automotive Belt Price by Application (2020-2025)
4.2 Global Automotive Belt Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Automotive Belt Sales Forecast by Application (2026-2031)
4.2.2 Global Automotive Belt Revenue Forecast by Application (2026-2031)
4.2.3 Global Automotive Belt Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Automotive Belt Application
5 Competition Landscape by Players
5.1 Global Automotive Belt Sales by Players (2020-2025)
5.2 Global Top Automotive Belt Players by Revenue (2020-2025)
5.3 Global Automotive Belt Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Belt as of 2024)
5.4 Global Automotive Belt Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Automotive Belt, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Automotive Belt, Product Type & Application
5.7 Global Key Manufacturers of Automotive Belt, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Automotive Belt Sales by Company
6.1.1.1 North America Automotive Belt Sales by Company (2020-2025)
6.1.1.2 North America Automotive Belt Revenue by Company (2020-2025)
6.1.2 North America Automotive Belt Sales Breakdown by Type (2020-2025)
6.1.3 North America Automotive Belt Sales Breakdown by Application (2020-2025)
6.1.4 North America Automotive Belt Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Automotive Belt Sales by Company
6.2.1.1 Europe Automotive Belt Sales by Company (2020-2025)
6.2.1.2 Europe Automotive Belt Revenue by Company (2020-2025)
6.2.2 Europe Automotive Belt Sales Breakdown by Type (2020-2025)
6.2.3 Europe Automotive Belt Sales Breakdown by Application (2020-2025)
6.2.4 Europe Automotive Belt Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Automotive Belt Sales by Company
6.3.1.1 China Automotive Belt Sales by Company (2020-2025)
6.3.1.2 China Automotive Belt Revenue by Company (2020-2025)
6.3.2 China Automotive Belt Sales Breakdown by Type (2020-2025)
6.3.3 China Automotive Belt Sales Breakdown by Application (2020-2025)
6.3.4 China Automotive Belt Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Automotive Belt Sales by Company
6.4.1.1 Japan Automotive Belt Sales by Company (2020-2025)
6.4.1.2 Japan Automotive Belt Revenue by Company (2020-2025)
6.4.2 Japan Automotive Belt Sales Breakdown by Type (2020-2025)
6.4.3 Japan Automotive Belt Sales Breakdown by Application (2020-2025)
6.4.4 Japan Automotive Belt Major Customer
6.4.5 Japan Market Trend and Opportunities
6.5 South Korea Market: Players, Segments, Downstream and Major Customers
6.5.1 South Korea Automotive Belt Sales by Company
6.5.1.1 South Korea Automotive Belt Sales by Company (2020-2025)
6.5.1.2 South Korea Automotive Belt Revenue by Company (2020-2025)
6.5.2 South Korea Automotive Belt Sales Breakdown by Type (2020-2025)
6.5.3 South Korea Automotive Belt Sales Breakdown by Application (2020-2025)
6.5.4 South Korea Automotive Belt Major Customer
6.5.5 South Korea Market Trend and Opportunities
6.6 India Market: Players, Segments, Downstream and Major Customers
6.6.1 India Automotive Belt Sales by Company
6.6.1.1 India Automotive Belt Sales by Company (2020-2025)
6.6.1.2 India Automotive Belt Revenue by Company (2020-2025)
6.6.2 India Automotive Belt Sales Breakdown by Type (2020-2025)
6.6.3 India Automotive Belt Sales Breakdown by Application (2020-2025)
6.6.4 India Automotive Belt Major Customer
6.6.5 India Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 Gates Corporation
7.1.1 Gates Corporation Company Information
7.1.2 Gates Corporation Business Overview
7.1.3 Gates Corporation Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.1.4 Gates Corporation Automotive Belt Products Offered
7.1.5 Gates Corporation Recent Development
7.2 Midas International Corporation
7.2.1 Midas International Corporation Company Information
7.2.2 Midas International Corporation Business Overview
7.2.3 Midas International Corporation Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.2.4 Midas International Corporation Automotive Belt Products Offered
7.2.5 Midas International Corporation Recent Development
7.3 Mitsuboshi Belting Ltd. Group
7.3.1 Mitsuboshi Belting Ltd. Group Company Information
7.3.2 Mitsuboshi Belting Ltd. Group Business Overview
7.3.3 Mitsuboshi Belting Ltd. Group Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.3.4 Mitsuboshi Belting Ltd. Group Automotive Belt Products Offered
7.3.5 Mitsuboshi Belting Ltd. Group Recent Development
7.4 Helicord Transmissions Pvt. Ltd.
7.4.1 Helicord Transmissions Pvt. Ltd. Company Information
7.4.2 Helicord Transmissions Pvt. Ltd. Business Overview
7.4.3 Helicord Transmissions Pvt. Ltd. Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Helicord Transmissions Pvt. Ltd. Automotive Belt Products Offered
7.4.5 Helicord Transmissions Pvt. Ltd. Recent Development
7.5 BandB Manufacturing
7.5.1 BandB Manufacturing Company Information
7.5.2 BandB Manufacturing Business Overview
7.5.3 BandB Manufacturing Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.5.4 BandB Manufacturing Automotive Belt Products Offered
7.5.5 BandB Manufacturing Recent Development
7.6 The Carlstar Group LLC
7.6.1 The Carlstar Group LLC Company Information
7.6.2 The Carlstar Group LLC Business Overview
7.6.3 The Carlstar Group LLC Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.6.4 The Carlstar Group LLC Automotive Belt Products Offered
7.6.5 The Carlstar Group LLC Recent Development
7.7 Continental AG
7.7.1 Continental AG Company Information
7.7.2 Continental AG Business Overview
7.7.3 Continental AG Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Continental AG Automotive Belt Products Offered
7.7.5 Continental AG Recent Development
7.8 Bearings and Power Transmission Solutions
7.8.1 Bearings and Power Transmission Solutions Company Information
7.8.2 Bearings and Power Transmission Solutions Business Overview
7.8.3 Bearings and Power Transmission Solutions Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.8.4 Bearings and Power Transmission Solutions Automotive Belt Products Offered
7.8.5 Bearings and Power Transmission Solutions Recent Development
7.9 CRP Industries Inc
7.9.1 CRP Industries Inc Company Information
7.9.2 CRP Industries Inc Business Overview
7.9.3 CRP Industries Inc Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.9.4 CRP Industries Inc Automotive Belt Products Offered
7.9.5 CRP Industries Inc Recent Development
7.10 BG Automotive
7.10.1 BG Automotive Company Information
7.10.2 BG Automotive Business Overview
7.10.3 BG Automotive Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.10.4 BG Automotive Automotive Belt Products Offered
7.10.5 BG Automotive Recent Development
7.11 Hutchinson Group
7.11.1 Hutchinson Group Company Information
7.11.2 Hutchinson Group Business Overview
7.11.3 Hutchinson Group Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.11.4 Hutchinson Group Automotive Belt Products Offered
7.11.5 Hutchinson Group Recent Development
7.12 Bando Chemical Industries Ltd.
7.12.1 Bando Chemical Industries Ltd. Company Information
7.12.2 Bando Chemical Industries Ltd. Business Overview
7.12.3 Bando Chemical Industries Ltd. Automotive Belt Sales, Revenue and Gross Margin (2020-2025)
7.12.4 Bando Chemical Industries Ltd. Automotive Belt Products Offered
7.12.5 Bando Chemical Industries Ltd. Recent Development
8 Automotive Belt Manufacturing Cost Analysis
8.1 Automotive Belt Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Automotive Belt
8.4 Automotive Belt Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Automotive Belt Distributors List
9.3 Automotive Belt Customers
10 Automotive Belt Market Dynamics
10.1 Automotive Belt Industry Trends
10.2 Automotive Belt Market Drivers
10.3 Automotive Belt Market Challenges
10.4 Automotive Belt Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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