Global PU (Polyurethane) Timing Belt Market Growth 2023-2029

Global PU (Polyurethane) Timing Belt Market Growth 2023-2029

PU (Polyurethane) timing belt is a kind of timing belt which is made of polyurethane material. A timing belt is a toothed belt that connects the engine crankshaft to the camshaft or camshafts. A timing belt synchronizes the camshaft to the crankshaft position, so the valves will open and close at the proper timing in relation to the position of the pistons.

LPI (LP Information)' newest research report, the “PU (Polyurethane) Timing Belt Industry Forecast” looks at past sales and reviews total world PU (Polyurethane) Timing Belt sales in 2022, providing a comprehensive analysis by region and market sector of projected PU (Polyurethane) Timing Belt sales for 2023 through 2029. With PU (Polyurethane) Timing Belt sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world PU (Polyurethane) Timing Belt industry.

This Insight Report provides a comprehensive analysis of the global PU (Polyurethane) Timing Belt landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on PU (Polyurethane) Timing Belt portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global PU (Polyurethane) Timing Belt market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for PU (Polyurethane) Timing Belt and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global PU (Polyurethane) Timing Belt.

The global PU (Polyurethane) Timing Belt market size is projected to grow from US$ 2394.2 million in 2022 to US$ 3030.3 million in 2029; it is expected to grow at a CAGR of 3030.3 from 2023 to 2029.

US is the largest PU (Polyurethane) Timing Belt market with about 24% market share. China is follower, accounting for about 23% market share.

The key players are Gates, Continental, Habasit, NOK, Forbo, BANDO, Mitsuboshi, Megadyne, BRECO, OPTIBELT, Fuju Belt, Jiebao, Belt, Wutong, Kaiou, Fengmao, Fulong, Slongwang etc. Top 3 companies occupied about 28% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of PU (Polyurethane) Timing Belt market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Belt Width (Below 25mm)

Belt Width (Above 25mm)

Segmentation by application

Automotive

Industrial Machinery

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Gates

Continental

Habasit

NOK

Forbo

BANDO

Mitsuboshi

Megadyne

BRECO

OPTIBELT

Fuju Belt

Jiebao

Belt

Wutong

Kaiou

Fengmao

Fulong

Slongwang

Key Questions Addressed in this Report

What is the 10-year outlook for the global PU (Polyurethane) Timing Belt market?

What factors are driving PU (Polyurethane) Timing Belt market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do PU (Polyurethane) Timing Belt market opportunities vary by end market size?

How does PU (Polyurethane) Timing Belt break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.