Global V Belt Market Research Report 2025(Status and Outlook)

Global V Belt Market Research Report 2025(Status and Outlook)



Report Overview

V belts are flexible mechanical power transmission components used primarily in industrial and automotive machinery to transfer power between shafts. Shaped like a trapezoid or ""V,"" these belts provide superior grip and reduced slippage due to their design, making them ideal for high-speed and high-power transmission systems. Typically constructed from materials such as rubber, polymer composites, and fabric reinforcements, V belts are essential for their durability, flexibility, and ability to operate in compact spaces. Their applications span industries including agriculture, automotive, and manufacturing, where efficient and reliable power transmission is critical.

This report provides a deep insight into the global V Belt market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global V Belt Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the V Belt market in any manner.

Global V Belt Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Gates Corporation

Optibelt

Mitsuboshi Belting Ltd.

Bando Chemical Industries

Sanlux

Hangzhou Grand Transmission Tech Co., Ltd.

Three-dimensional Co., Ltd.

Naichi

Fengfei

Megadyne Group

Volta Belting Technology

ContiTech AG

Belt Technologies, Inc.

Sanmen Fuwei Rubber Belt Manufacturing Co., Ltd.

TEXROPE

Goodyear Rubber Products

Zhejiang Jinjiu Rubber Belt Co., Ltd.

SKF Group

Fenner Drives

Pix Transmissions

Tsubaki Nakashima Co.

Dayco Products LLC

Nitta Corporation

Zhejiang Sanwei Rubber Item Co., Ltd.

Student Housing Partners

Market Segmentation (by Type)

Rubber

Polymer

Neoprene

Urethane synthetic materials

Market Segmentation (by Application)

Automotive

Industrial

Agriculture

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the V Belt Market

Overview of the regional outlook of the V Belt Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the V Belt Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the 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 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 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, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of V Belt
1.2 Key Market Segments
1.2.1 V Belt Segment by Type
1.2.2 V Belt Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 V Belt Market Overview
2.1 Global Market Overview
2.1.1 Global V Belt Market Size (M USD) Estimates and Forecasts (2020-2033)
2.1.2 Global V Belt Sales Estimates and Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 V Belt Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global V Belt Product Life Cycle
3.3 Global V Belt Sales by Manufacturers (2020-2025)
3.4 Global V Belt Revenue Market Share by Manufacturers (2020-2025)
3.5 V Belt Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.6 Global V Belt Average Price by Manufacturers (2020-2025)
3.7 Manufacturers V Belt Sales Sites, Area Served, Product Type
3.8 V Belt Market Competitive Situation and Trends
3.8.1 V Belt Market Concentration Rate
3.8.2 Global 5 and 10 Largest V Belt Players Market Share by Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 V Belt Industry Chain Analysis
4.1 V Belt Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of V Belt Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 PEST Analysis
5.6.1 Industry Policies Analysis
5.6.2 Economic Environment Analysis
5.6.3 Social Environment Analysis
5.6.4 Technological Environment Analysis
5.7 Global V Belt Market Porter's Five Forces Analysis
5.7.1 Global Trade Frictions
5.7.2 Global Trade Frictions and Their Impacts to V Belt Market
5.8 ESG Ratings of Leading Companies
6 V Belt Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global V Belt Sales Market Share by Type (2020-2025)
6.3 Global V Belt Market Size Market Share by Type (2020-2025)
6.4 Global V Belt Price by Type (2020-2025)
7 V Belt Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global V Belt Market Sales by Application (2020-2025)
7.3 Global V Belt Market Size (M USD) by Application (2020-2025)
7.4 Global V Belt Sales Growth Rate by Application (2020-2025)
8 V Belt Market Sales by Region
8.1 Global V Belt Sales by Region
8.1.1 Global V Belt Sales by Region
8.1.2 Global V Belt Sales Market Share by Region
8.2 Global V Belt Market Size by Region
8.2.1 Global V Belt Market Size by Region
8.2.2 Global V Belt Market Size Market Share by Region
8.3 North America
8.3.1 North America V Belt Sales by Country
8.3.2 North America V Belt Market Size by Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe V Belt Sales by Country
8.4.2 Europe V Belt Market Size by Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific V Belt Sales by Region
8.5.2 Asia Pacific V Belt Market Size by Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America V Belt Sales by Country
8.6.2 South America V Belt Market Size by Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East and Africa
8.7.1 Middle East and Africa V Belt Sales by Region
8.7.2 Middle East and Africa V Belt Market Size by Region
8.7.3 Saudi Arabia Market Overview
8.7.4 UAE Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 V Belt Market Production by Region
9.1 Global Production of V Belt by Region(2020-2025)
9.2 Global V Belt Revenue Market Share by Region (2020-2025)
9.3 Global V Belt Production, Revenue, Price and Gross Margin (2020-2025)
9.4 North America V Belt Production
9.4.1 North America V Belt Production Growth Rate (2020-2025)
9.4.2 North America V Belt Production, Revenue, Price and Gross Margin (2020-2025)
9.5 Europe V Belt Production
9.5.1 Europe V Belt Production Growth Rate (2020-2025)
9.5.2 Europe V Belt Production, Revenue, Price and Gross Margin (2020-2025)
9.6 Japan V Belt Production (2020-2025)
9.6.1 Japan V Belt Production Growth Rate (2020-2025)
9.6.2 Japan V Belt Production, Revenue, Price and Gross Margin (2020-2025)
9.7 China V Belt Production (2020-2025)
9.7.1 China V Belt Production Growth Rate (2020-2025)
9.7.2 China V Belt Production, Revenue, Price and Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Gates Corporation
10.1.1 Gates Corporation Basic Information
10.1.2 Gates Corporation V Belt Product Overview
10.1.3 Gates Corporation V Belt Product Market Performance
10.1.4 Gates Corporation Business Overview
10.1.5 Gates Corporation SWOT Analysis
10.1.6 Gates Corporation Recent Developments
10.2 Optibelt
10.2.1 Optibelt Basic Information
10.2.2 Optibelt V Belt Product Overview
10.2.3 Optibelt V Belt Product Market Performance
10.2.4 Optibelt Business Overview
10.2.5 Optibelt SWOT Analysis
10.2.6 Optibelt Recent Developments
10.3 Mitsuboshi Belting Ltd.
10.3.1 Mitsuboshi Belting Ltd. Basic Information
10.3.2 Mitsuboshi Belting Ltd. V Belt Product Overview
10.3.3 Mitsuboshi Belting Ltd. V Belt Product Market Performance
10.3.4 Mitsuboshi Belting Ltd. Business Overview
10.3.5 Mitsuboshi Belting Ltd. SWOT Analysis
10.3.6 Mitsuboshi Belting Ltd. Recent Developments
10.4 Bando Chemical Industries
10.4.1 Bando Chemical Industries Basic Information
10.4.2 Bando Chemical Industries V Belt Product Overview
10.4.3 Bando Chemical Industries V Belt Product Market Performance
10.4.4 Bando Chemical Industries Business Overview
10.4.5 Bando Chemical Industries Recent Developments
10.5 Sanlux
10.5.1 Sanlux Basic Information
10.5.2 Sanlux V Belt Product Overview
10.5.3 Sanlux V Belt Product Market Performance
10.5.4 Sanlux Business Overview
10.5.5 Sanlux Recent Developments
10.6 Hangzhou Grand Transmission Tech Co., Ltd.
10.6.1 Hangzhou Grand Transmission Tech Co., Ltd. Basic Information
10.6.2 Hangzhou Grand Transmission Tech Co., Ltd. V Belt Product Overview
10.6.3 Hangzhou Grand Transmission Tech Co., Ltd. V Belt Product Market Performance
10.6.4 Hangzhou Grand Transmission Tech Co., Ltd. Business Overview
10.6.5 Hangzhou Grand Transmission Tech Co., Ltd. Recent Developments
10.7 Three-dimensional Co., Ltd.
10.7.1 Three-dimensional Co., Ltd. Basic Information
10.7.2 Three-dimensional Co., Ltd. V Belt Product Overview
10.7.3 Three-dimensional Co., Ltd. V Belt Product Market Performance
10.7.4 Three-dimensional Co., Ltd. Business Overview
10.7.5 Three-dimensional Co., Ltd. Recent Developments
10.8 Naichi
10.8.1 Naichi Basic Information
10.8.2 Naichi V Belt Product Overview
10.8.3 Naichi V Belt Product Market Performance
10.8.4 Naichi Business Overview
10.8.5 Naichi Recent Developments
10.9 Fengfei
10.9.1 Fengfei Basic Information
10.9.2 Fengfei V Belt Product Overview
10.9.3 Fengfei V Belt Product Market Performance
10.9.4 Fengfei Business Overview
10.9.5 Fengfei Recent Developments
10.10 Megadyne Group
10.10.1 Megadyne Group Basic Information
10.10.2 Megadyne Group V Belt Product Overview
10.10.3 Megadyne Group V Belt Product Market Performance
10.10.4 Megadyne Group Business Overview
10.10.5 Megadyne Group Recent Developments
10.11 Volta Belting Technology
10.11.1 Volta Belting Technology Basic Information
10.11.2 Volta Belting Technology V Belt Product Overview
10.11.3 Volta Belting Technology V Belt Product Market Performance
10.11.4 Volta Belting Technology Business Overview
10.11.5 Volta Belting Technology Recent Developments
10.12 ContiTech AG
10.12.1 ContiTech AG Basic Information
10.12.2 ContiTech AG V Belt Product Overview
10.12.3 ContiTech AG V Belt Product Market Performance
10.12.4 ContiTech AG Business Overview
10.12.5 ContiTech AG Recent Developments
10.13 Belt Technologies, Inc.
10.13.1 Belt Technologies, Inc. Basic Information
10.13.2 Belt Technologies, Inc. V Belt Product Overview
10.13.3 Belt Technologies, Inc. V Belt Product Market Performance
10.13.4 Belt Technologies, Inc. Business Overview
10.13.5 Belt Technologies, Inc. Recent Developments
10.14 Sanmen Fuwei Rubber Belt Manufacturing Co., Ltd.
10.14.1 Sanmen Fuwei Rubber Belt Manufacturing Co., Ltd. Basic Information
10.14.2 Sanmen Fuwei Rubber Belt Manufacturing Co., Ltd. V Belt Product Overview
10.14.3 Sanmen Fuwei Rubber Belt Manufacturing Co., Ltd. V Belt Product Market Performance
10.14.4 Sanmen Fuwei Rubber Belt Manufacturing Co., Ltd. Business Overview
10.14.5 Sanmen Fuwei Rubber Belt Manufacturing Co., Ltd. Recent Developments
10.15 TEXROPE
10.15.1 TEXROPE Basic Information
10.15.2 TEXROPE V Belt Product Overview
10.15.3 TEXROPE V Belt Product Market Performance
10.15.4 TEXROPE Business Overview
10.15.5 TEXROPE Recent Developments
10.16 Goodyear Rubber Products
10.16.1 Goodyear Rubber Products Basic Information
10.16.2 Goodyear Rubber Products V Belt Product Overview
10.16.3 Goodyear Rubber Products V Belt Product Market Performance
10.16.4 Goodyear Rubber Products Business Overview
10.16.5 Goodyear Rubber Products Recent Developments
10.17 Zhejiang Jinjiu Rubber Belt Co., Ltd.
10.17.1 Zhejiang Jinjiu Rubber Belt Co., Ltd. Basic Information
10.17.2 Zhejiang Jinjiu Rubber Belt Co., Ltd. V Belt Product Overview
10.17.3 Zhejiang Jinjiu Rubber Belt Co., Ltd. V Belt Product Market Performance
10.17.4 Zhejiang Jinjiu Rubber Belt Co., Ltd. Business Overview
10.17.5 Zhejiang Jinjiu Rubber Belt Co., Ltd. Recent Developments
10.18 SKF Group
10.18.1 SKF Group Basic Information
10.18.2 SKF Group V Belt Product Overview
10.18.3 SKF Group V Belt Product Market Performance
10.18.4 SKF Group Business Overview
10.18.5 SKF Group Recent Developments
10.19 Fenner Drives
10.19.1 Fenner Drives Basic Information
10.19.2 Fenner Drives V Belt Product Overview
10.19.3 Fenner Drives V Belt Product Market Performance
10.19.4 Fenner Drives Business Overview
10.19.5 Fenner Drives Recent Developments
10.20 Pix Transmissions
10.20.1 Pix Transmissions Basic Information
10.20.2 Pix Transmissions V Belt Product Overview
10.20.3 Pix Transmissions V Belt Product Market Performance
10.20.4 Pix Transmissions Business Overview
10.20.5 Pix Transmissions Recent Developments
10.21 Tsubaki Nakashima Co.
10.21.1 Tsubaki Nakashima Co. Basic Information
10.21.2 Tsubaki Nakashima Co. V Belt Product Overview
10.21.3 Tsubaki Nakashima Co. V Belt Product Market Performance
10.21.4 Tsubaki Nakashima Co. Business Overview
10.21.5 Tsubaki Nakashima Co. Recent Developments
10.22 Dayco Products LLC
10.22.1 Dayco Products LLC Basic Information
10.22.2 Dayco Products LLC V Belt Product Overview
10.22.3 Dayco Products LLC V Belt Product Market Performance
10.22.4 Dayco Products LLC Business Overview
10.22.5 Dayco Products LLC Recent Developments
10.23 Nitta Corporation
10.23.1 Nitta Corporation Basic Information
10.23.2 Nitta Corporation V Belt Product Overview
10.23.3 Nitta Corporation V Belt Product Market Performance
10.23.4 Nitta Corporation Business Overview
10.23.5 Nitta Corporation Recent Developments
10.24 Zhejiang Sanwei Rubber Item Co., Ltd.
10.24.1 Zhejiang Sanwei Rubber Item Co., Ltd. Basic Information
10.24.2 Zhejiang Sanwei Rubber Item Co., Ltd. V Belt Product Overview
10.24.3 Zhejiang Sanwei Rubber Item Co., Ltd. V Belt Product Market Performance
10.24.4 Zhejiang Sanwei Rubber Item Co., Ltd. Business Overview
10.24.5 Zhejiang Sanwei Rubber Item Co., Ltd. Recent Developments
10.25 Student Housing Partners
10.25.1 Student Housing Partners Basic Information
10.25.2 Student Housing Partners V Belt Product Overview
10.25.3 Student Housing Partners V Belt Product Market Performance
10.25.4 Student Housing Partners Business Overview
10.25.5 Student Housing Partners Recent Developments
11 V Belt Market Forecast by Region
11.1 Global V Belt Market Size Forecast
11.2 Global V Belt Market Forecast by Region
11.2.1 North America Market Size Forecast by Country
11.2.2 Europe V Belt Market Size Forecast by Country
11.2.3 Asia Pacific V Belt Market Size Forecast by Region
11.2.4 South America V Belt Market Size Forecast by Country
11.2.5 Middle East and Africa Forecasted Sales of V Belt by Country
12 Forecast Market by Type and by Application (2026-2033)
12.1 Global V Belt Market Forecast by Type (2026-2033)
12.1.1 Global Forecasted Sales of V Belt by Type (2026-2033)
12.1.2 Global V Belt Market Size Forecast by Type (2026-2033)
12.1.3 Global Forecasted Price of V Belt by Type (2026-2033)
12.2 Global V Belt Market Forecast by Application (2026-2033)
12.2.1 Global V Belt Sales (K Units) Forecast by Application
12.2.2 Global V Belt Market Size (M USD) Forecast by Application (2026-2033)
13 Conclusion and Key Findings

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