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V Belt Market, Global Outlook and Forecast 2023-2032

The global V Belt market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


V-belts were developed in early days of automobile innovation to improve belt reliability and torque transmission from the crankshaft to rotating assemblies.


This report aims to provide a comprehensive presentation of the global market for V Belt, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding V Belt. This report contains market size and forecasts of V Belt in global, including the following market information:


  • Global V Belt Market Revenue, 2018-2023, 2024-2032, ($ millions)

  • Global V Belt Market Sales, 2018-2023, 2024-2032, (K Meter)

  • Global top five V Belt companies in 2022 (%)


The global V-belt industry is driven by manufacturing industries as V-belts are considered as workhorse available from virtually every distributor and adaptable to practically any drive.

We has surveyed the V Belt manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global V Belt Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Meter)

Global V Belt Market Segment Percentages, by Type, 2022 (%)


  • Rubber

  • Polymer

  • Neoprene

  • Urethane synthetic materials


Global V Belt Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Meter)

Global V Belt Market Segment Percentages, by Application, 2022 (%)


  • Paper And Pulp

  • Cement

  • Power And Energy

  • Food And Beverage

  • Agricultural

  • Automotive

  • Metals And Mining


Global V Belt Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Meter)

Global V Belt Market Segment Percentages, By Region and Country, 2022 (%)


  • North America

  • US

  • Canada

  • Mexico

  • Europe

  • Germany

  • France

  • U.K.

  • Italy

  • Russia

  • Nordic Countries

  • Benelux

  • Rest of Europe

  • Asia

  • China

  • Japan

  • South Korea

  • Southeast Asia

  • India

  • Rest of Asia

  • South America

  • Brazil

  • Argentina

  • Rest of South America

  • Middle East & Africa

  • Turkey

  • Israel

  • Saudi Arabia

  • UAE

  • Rest of Middle East & Africa

Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies V Belt revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies V Belt revenues share in global market, 2022 (%)

  • Key companies V Belt sales in global market, 2018-2023 (Estimated), (K Meter)

  • Key companies V Belt sales share in global market, 2022 (%)

Key players include:


  • Belt Technologies

  • Contitech

  • Sanmen Fuwei Rubber Belt Manufacturing

  • Mitsuboshi Belting

  • Goodyear Rubber Products

  • Volta Belting Technology

  • Optibelt

  • Bando

  • Zhejiang Jinjiu Rubber Belt

  • TEXROPE


Outline of Major Chapters:

Chapter 1: Introduces the definition of V Belt, market overview.

Chapter 2: Global V Belt market size in revenue and volume.

Chapter 3: Detailed analysis of V Belt manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of V Belt in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global V Belt capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

Table of content

1 Introduction to Research & Analysis Reports1.1 V Belt Market Definition1.2 Market Segments1.2.1 Market by Type1.2.2 Market by Application1.3 Global V Belt Market Overview1.4 Features & Benefits of This Report1.5 Methodology & Sources of Information1.5.1 Research Methodology1.5.2 Research Process1.5.3 Base Year1.5.4 Report Assumptions & Caveats2 Global V Belt Overall Market Size2.1 Global V Belt Market Size: 2022 VS 20322.2 Global V Belt Revenue, Prospects & Forecasts: 2018-20322.3 Global V Belt Sales: 2018-20323 Company Landscape3.1 Top V Belt Players in Global Market3.2 Top Global V Belt Companies Ranked by Revenue3.3 Global V Belt Revenue by Companies3.4 Global V Belt Sales by Companies3.5 Global V Belt Price by Manufacturer (2018-2023)3.6 Top 3 and Top 5 V Belt Companies in Global Market, by Revenue in 20223.7 Global Manufacturers V Belt Product Type3.8 Tier 1, Tier 2 and Tier 3 V Belt Players in Global Market3.8.1 List of Global Tier 1 V Belt Companies3.8.2 List of Global Tier 2 and Tier 3 V Belt Companies4 Sights by Product4.1 Overview4.1.1 By Type - Global V Belt Market Size Markets, 2022 & 20324.1.2 Rubber4.1.3 Polymer4.1.4 Neoprene4.1.5 Urethane synthetic materials4.2 By Type - Global V Belt Revenue & Forecasts4.2.1

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