Industrial V-belt Market by Material (Neoprene, Polymer, Rubber), End Use Industries (Agriculture, Automotive, Food & Beverages) - Global Forecast 2024-2030

Industrial V-belt Market by Material (Neoprene, Polymer, Rubber), End Use Industries (Agriculture, Automotive, Food & Beverages) - Global Forecast 2024-2030


The Industrial V-belt Market size was estimated at USD 1.30 billion in 2023 and expected to reach USD 1.37 billion in 2024, at a CAGR 5.18% to reach USD 1.85 billion by 2030.

Global Industrial V-belt Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Industrial V-belt Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Industrial V-belt Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Industrial V-belt Market, highlighting leading vendors and their innovative profiles. These include Ajanta Belts Private Limited, Belt Technologies, Inc., ContiTech AG, Dayco, LLC, Gates Industrial Corporation PLC, Hutchinson, Industrial belts corporation, JK Fenner, Megadyne by Ammega Group BV, Mitsuboshi Belting Ltd., Montana International, Nitta Industries Europe GmbH, Optibelt GmbH, Volga Transmissions, and Volta Belting Technology Ltd..

Market Segmentation & Coverage

This research report categorizes the Industrial V-belt Market to forecast the revenues and analyze trends in each of the following sub-markets:

Material
Neoprene

Polymer

Rubber

Urethane Synthetic Materials

End Use Industries
Agriculture

Automotive

Food & Beverages

Metals & Mining

Power & Energy

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Industrial V-belt Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Industrial V-belt Market?
3. What are the technology trends and regulatory frameworks in the Industrial V-belt Market?
4. What is the market share of the leading vendors in the Industrial V-belt Market?
5. Which modes and strategic moves are suitable for entering the Industrial V-belt Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Industrial V-belt Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for the V-belt from the automotive and metals & mining industries
5.1.1.2. Rising demand from food & beverage industries
5.1.1.3. Growing usage of V-belts for spooling machines in the textile industry
5.1.2. Restraints
5.1.2.1. Mechanical problems and high costs connected with gear drives
5.1.3. Opportunities
5.1.3.1. Growth in number of design improvements in engine belts
5.1.3.2. Rise in innovation to improve belt reliability and torque transmission
5.1.4. Challenges
5.1.4.1. Availability of substitutes for V-belts
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Industrial V-belt Market, by Material
6.1. Introduction
6.2. Neoprene
6.3. Polymer
6.4. Rubber
6.5. Urethane Synthetic Materials
7. Industrial V-belt Market, by End Use Industries
7.1. Introduction
7.2. Agriculture
7.3. Automotive
7.4. Food & Beverages
7.5. Metals & Mining
7.6. Power & Energy
8. Americas Industrial V-belt Market
8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States
9. Asia-Pacific Industrial V-belt Market
9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.
10. South Korea
9.
11. Taiwan
9.
12. Thailand
9.
13. Vietnam
10. Europe, Middle East & Africa Industrial V-belt Market
10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.
10. Nigeria
10.
11. Norway
10.
12. Poland
10.
13. Qatar
10.
14. Russia
10.
15. Saudi Arabia
10.
16. South Africa
10.
17. Spain
10.
18. Sweden
10.
19. Switzerland
10.
20. Turkey
10.
21. United Arab Emirates
10.
22. United Kingdom
11. Competitive Landscape
11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
12. Competitive Portfolio
12.1. Key Company Profiles
12.1.1. Ajanta Belts Private Limited
12.1.2. Belt Technologies, Inc.
12.1.3. ContiTech AG
12.1.4. Dayco, LLC
12.1.5. Gates Industrial Corporation PLC
12.1.6. Hutchinson
12.1.7. Industrial belts corporation
12.1.8. JK Fenner
12.1.9. Megadyne by Ammega Group BV
12.1.
10. Mitsuboshi Belting Ltd.
12.1.
11. Montana International
12.1.
12. Nitta Industries Europe GmbH
12.1.
13. Optibelt GmbH
12.1.
14. Volga Transmissions
12.1.
15. Volta Belting Technology Ltd.
12.2. Key Product Portfolio
13. Appendix
13.1. Discussion Guide
13.2. License & Pricing
FIGURE 1. INDUSTRIAL V-BELT MARKET RESEARCH PROCESS
FIGURE 2. INDUSTRIAL V-BELT MARKET SIZE, 2023 VS 2030
FIGURE 3. INDUSTRIAL V-BELT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. INDUSTRIAL V-BELT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. INDUSTRIAL V-BELT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. INDUSTRIAL V-BELT MARKET DYNAMICS
FIGURE 7. INDUSTRIAL V-BELT MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
FIGURE 8. INDUSTRIAL V-BELT MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. INDUSTRIAL V-BELT MARKET SIZE, BY END USE INDUSTRIES, 2023 VS 2030 (%)
FIGURE 10. INDUSTRIAL V-BELT MARKET SIZE, BY END USE INDUSTRIES, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. AMERICAS INDUSTRIAL V-BELT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 12. AMERICAS INDUSTRIAL V-BELT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. UNITED STATES INDUSTRIAL V-BELT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 14. UNITED STATES INDUSTRIAL V-BELT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. ASIA-PACIFIC INDUSTRIAL V-BELT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. ASIA-PACIFIC INDUSTRIAL V-BELT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL V-BELT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. EUROPE, MIDDLE EAST & AFRICA INDUSTRIAL V-BELT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. INDUSTRIAL V-BELT MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 20. INDUSTRIAL V-BELT MARKET SHARE, BY KEY PLAYER, 2023

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