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Automotive Belts Market

Explore How Automotive Belts are Responsible for Overall Performance of the Vehicle: Deep-Dive with FMI Analysis!

Automotive Belts Market by Type, Vehicle Type, Sales Channel & Region - Forecast 2022-2032

Automotive Belts Market Outlook (2022-2032)

[342 Pages Report] According to FMI analysis, the global automotive belt market is poised to grow at a CAGR of 3.9% during the forecast period. This is expected to exceed US$ 13,902.6 million in 2022 to reach US$ 20,473.5 million in 2032.

An automotive drive belt conveys power from the engine to systems such as the air compressor, air conditioner and cooling pump. To enhance strength, withstand high temperatures, and maintain a rigid shape, these belts are constructed from synthetic rubber products, such as chloroprene, neoprene, and ethylene propylene diene monomer rubber (EPDM rubber).

Report Attribute

Details

Automotive Belts Market Value (2022)

US$ 13,902.6 million

Automotive Belts Market Anticipated Forecast Value (2032)

US$ 20,473.5 million

Automotive Belts Market Projected Growth Rate (2022-2032)

3.9%

In comparison with other forms of power transmission, drive belts offer a superior combination of flexibility. Due to the environmental protection agency's initiative to reduce greenhouse gas emissions and control pollution, automotive vehicle manufacturers are producing highly efficient and less polluting engines. This requires precision and long-lasting automotive belts.

Furthermore, drive belts are cost-effective, require little space, and are easy to install and maintain, which is why most automakers incorporate drive belts for power transmission in their vehicles.

Moreover, several factors contribute to the growth of the market, including the rising demand for passenger cars, light commercial vehicles, and heavy commercial vehicles. Additionally, the increasing awareness of vehicle safety and the increasing penetration of advanced technologies are also influencing the market growth. Additionally, the short replacement intervals of automotive belts may play a key role in driving market growth.

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What are the Market Dynamics for Automotive Belts?

Four Wheels That are Driving Automotive Belts Market:

  • Advancement in Technology: Innovations in technology are resulting in technological advancements in terms of product design and the materials used in automotive belt manufacturing.
  • Stringent Emission Norms: Governments across the globe are implementing stringent emission norms, which are pushing automakers to adopt advanced technologies and components, such as automotive belts, in their vehicles.
  • Rise in Demand for Utility Vehicles: Demand for E-class, crossovers, SUVs, and hatchbacks is driving passenger vehicle segment growth, which in turn is pushing automotive belt sales higher. There is an increase in demand for utility vehicles in highly populated countries like China, India, and Brazil.
  • Increase in Disposable Income: Consumption of luxury items such as automobiles has increased due to the rising disposable income, thereby propelling the global automotive belt market forward.

Major Restrain for Automotive Belts Market:

  • In the coming years, increasing adoption of electric vehicles and inclination towards beltless engines are likely to obstruct the growth of the global automotive belt market.

Major Opportunity for Automotive Belts Market:

  • Automotive belts work through friction between the pulley and the belt. As a result of continuous use, this friction can wear and tear, resulting in decreased performance, engine efficiency, and slippage. Often, this issue is remedied by replacing the belt, which drives the aftermarket segment and generates a global opportunity for automotive belt manufacturers.

Regional Insights

How is North America Performing in the Global Automotive Belts Market?

As a result of technological innovations, vehicles with improved performance characteristics are accounting for nearly 16.7% of North American demand. These include enhanced safety features, better fuel economy, and reduced noise levels as compared to their conventional counterparts.

The automotive belt market in this region is expected to witness higher demand due to increased automobile production in the U.S. and growing vehicle maintenance spending by consumers. Apart from this, the U.S. is likely to contribute significantly to the growth of the automotive belts market in the North American region during the forecast period.

How is Europe Performing in the Automotive Belts Market?

Market share in Europe is estimated at 24.9% in 2022, and it is expected to continue growing due to stringent emission standards and improving fuel economy standards set by ETA (European Technical Advisory Group).

How is the Asia Pacific Leading the Automotive Belts Market?

According to the FMI Analysis, Asia Pacific is heading for the most rapid growth, thanks to higher per capita incomes, booming vehicle sales, and favourable government regulations. A huge domestic market and a strong manufacturing base for automotive components will give China an edge over its regional counterparts.

Additionally, India has been a long-time leader in the sale and manufacturing of three-wheelers worldwide. There are several key automotive drive belt producers in India, including Bajaj Auto, Mahindra & Mahindra, Piaggio, and Atul, which indicates a promising market for automotive drive belts. Three-wheelers use drive belts to transmit engine power to their wheels.

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Start-Up Ecosystem

How is the Start-up Ecosystem in the Automotive Belts Market?

To meet the increasing standards of the automotive industry, companies have begun investing in the production of more advanced materials for belts, as lightweight and fuel-efficient vehicles become more popular.

For instance, Nichirin Co. Ltd constructed a new plant for the manufacturing of automobile belts and hoses together with the Chinese joint venture partner, Shanghai Beicai Industry Co. Ltd. To meet the growing demand in the Asia-Pacific automotive market, the company plans to expand its production facility in Indonesia and Vietnam.

Automotive Belts Market: Competitive Landscape

The automotive belts market is currently witnessing several strategic collaboration and partnership activities by manufacturers and productions.

Recent Developments in the Automotive Belts Market

  • Continental AG announced the opening of its new Powertrain plant in Wuhu, China in July 2019. For land and buildings, the investment amounts to nearly EUR 28 million.

Who are the Key Players in the Automotive Belts Market?

  • Gates Corporation
  • Midas International Corporation
  • Mitsuboshi Belting Ltd. Group
  • Helicord Transmissions Pvt. Ltd.
  • B&B Manufacturing
  • The Carlstar Group LLC
  • Continental AG
  • Bearings and Power Transmission Solutions
  • CRP Industries Inc.
  • BG Automotive
  • Hutchinson Group
  • Bando Chemical Industries Ltd.
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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 3.9% from 2022 to 2032

Base Year for Estimation

2022

Historical Data

2016-2021

Forecast Period

2022-2032

Quantitative Units

Revenue in US$ Million and CAGR from 2022-2032

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis

Segments Covered

  • Type
  • Vehicle Type
  • Sales Channel
  • Region

Regions Covered

  • North America
  • Latin America
  • The Asia Pacific
  • MEA
  • Europe

Key Countries Profiled

  • The U.S
  • Canada
  • Brazil
  • Argentina
  • Germany
  • The U.K
  • France
  • Spain
  • Italy
  • Nordics
  • BENELUX
  • Australia & New Zealand
  • China
  • India
  • GCC
  • South Africa

Key Companies Profiled

  • Gates Corporation
  • Midas International Corporation
  • Mitsuboshi Belting Ltd. Group
  • Helicord Transmissions Pvt. Ltd.
  • B&B Manufacturing
  • The Carlstar Group LLC
  • Continental AG
  • Bearings and Power Transmission Solutions
  • CRP Industries Inc.
  • BG Automotive
  • Hutchinson Group
  • Bando Chemical Industries Ltd.

Customization

Available Upon Request

Key Segments Profiled in the Automotive Belts Market Survey 

By Type:

  • Drive Belts
  • Timing Belts
  • Single V-Belt
  • Multifunctional V-Belt

By Vehicle Type:

  • Passenger Vehicle
  • Light Commercial Vehicle
  • Heavy Commercial Vehicles

By Sales Channel:

  • Original Equipment Manufacturer
  • Aftermarket

By Region: 

  • North America
  • Latin America
  • The Asia Pacific
  • MEA
  • Europe

Frequently Asked Questions

The automotive belt market is projected to grow at a CAGR of 3.9% from 2022 to 2032.

The automotive belt market is expected to reach US$ 20,473.5 Mn by 2032.

The Asia Pacific is leading the global automotive belt market.

The size of the automotive belt market is expected to grow by US$ 13,902.6 Mn in 2022.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Product Life Cycle Analysis

    3.5. Supply Chain Analysis

        3.5.1. Supply Side Participants and their Roles

            3.5.1.1. Producers

            3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)

            3.5.1.3. Wholesalers and Distributors

        3.5.2. Value Added and Value Created at Node in the Supply Chain

        3.5.3. List of Raw Material Suppliers

        3.5.4. List of Existing and Potential Buyer’s

    3.6. Investment Feasibility Matrix

    3.7. Value Chain Analysis

        3.7.1. Profit Margin Analysis

        3.7.2. Wholesalers and Distributors

        3.7.3. Retailers

    3.8. PESTLE and Porter’s Analysis

    3.9. Regulatory Landscape

        3.9.1. By Key Regions

        3.9.2. By Key Countries

    3.10. Regional Parent Market Outlook

    3.11. Production and Consumption Statistics

    3.12. Import and Export Statistics

4. Global Automotive Belts Market Analysis 2017-2021 and Forecast, 2022-2032

    4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021

    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Global Automotive Belts Market Analysis 2017-2021 and Forecast 2022-2032, By Vehicle Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Vehicle Type, 2017-2021

    5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Vehicle Type, 2022-2032

        5.3.1. Passenger vehicles

        5.3.2. Light Commercial vehicles

        5.3.3. Heavy Commercial vehicles

    5.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2017-2021

    5.5. Absolute $ Opportunity Analysis By Vehicle Type, 2022-2032

6. Global Automotive Belts Market Analysis 2017-2021 and Forecast 2022-2032, By Sales Channel

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Sales Channel, 2017-2021

    6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Sales Channel, 2022-2032

        6.3.1. Original Equipment Manufacturer

        6.3.2. Aftermarket

    6.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2017-2021

    6.5. Absolute $ Opportunity Analysis By Sales Channel, 2022-2032

7. Global Automotive Belts Market Analysis 2017-2021 and Forecast 2022-2032, By Type

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Type, 2017-2021

    7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Type, 2022-2032

        7.3.1. Timing Belts

        7.3.2. Drive Belts

        7.3.3. Single V-Belt

        7.3.4. Multi-function V-Belt/Serpentine Belt

    7.4. Y-o-Y Growth Trend Analysis By Type, 2017-2021

    7.5. Absolute $ Opportunity Analysis By Type, 2022-2032

8. Global Automotive Belts Market Analysis 2017-2021 and Forecast 2022-2032, By Region

    8.1. Introduction

    8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021

    8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032

        8.3.1. North America

        8.3.2. Latin America

        8.3.3. Europe

        8.3.4. Asia Pacific

        8.3.5. MEA

    8.4. Market Attractiveness Analysis By Region

9. North America Automotive Belts Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        9.2.1. By Country

            9.2.1.1. U.S.

            9.2.1.2. Canada

        9.2.2. By Vehicle Type

        9.2.3. By Sales Channel

        9.2.4. By Type

    9.3. Market Attractiveness Analysis

        9.3.1. By Country

        9.3.2. By Vehicle Type

        9.3.3. By Sales Channel

        9.3.4. By Type

    9.4. Key Takeaways

10. Latin America Automotive Belts Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        10.2.1. By Country

            10.2.1.1. Brazil

            10.2.1.2. Mexico

            10.2.1.3. Rest of Latin America

        10.2.2. By Vehicle Type

        10.2.3. By Sales Channel

        10.2.4. By Type

    10.3. Market Attractiveness Analysis

        10.3.1. By Country

        10.3.2. By Vehicle Type

        10.3.3. By Sales Channel

        10.3.4. By Type

    10.4. Key Takeaways

11. Europe Automotive Belts Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        11.2.1. By Country

            11.2.1.1. Germany

            11.2.1.2. U.K.

            11.2.1.3. France

            11.2.1.4. Spain

            11.2.1.5. Italy

            11.2.1.6. Rest of Europe

        11.2.2. By Vehicle Type

        11.2.3. By Sales Channel

        11.2.4. By Type

    11.3. Market Attractiveness Analysis

        11.3.1. By Country

        11.3.2. By Vehicle Type

        11.3.3. By Sales Channel

        11.3.4. By Type

    11.4. Key Takeaways

12. Asia Pacific Automotive Belts Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        12.2.1. By Country

            12.2.1.1. China

            12.2.1.2. Japan

            12.2.1.3. South Korea

            12.2.1.4. Malaysia

            12.2.1.5. Singapore

            12.2.1.6. Australia

            12.2.1.7. New Zealand

            12.2.1.8. Rest of APAC

        12.2.2. By Vehicle Type

        12.2.3. By Sales Channel

        12.2.4. By Type

    12.3. Market Attractiveness Analysis

        12.3.1. By Country

        12.3.2. By Vehicle Type

        12.3.3. By Sales Channel

        12.3.4. By Type

    12.4. Key Takeaways

13. MEA Automotive Belts Market Analysis 2017-2021 and Forecast 2022-2032, By Country

    13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021

    13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032

        13.2.1. By Country

            13.2.1.1. GCC Countries

            13.2.1.2. South Africa

            13.2.1.3. Israel

            13.2.1.4. Rest of MEA

        13.2.2. By Vehicle Type

        13.2.3. By Sales Channel

        13.2.4. By Type

    13.3. Market Attractiveness Analysis

        13.3.1. By Country

        13.3.2. By Vehicle Type

        13.3.3. By Sales Channel

        13.3.4. By Type

    13.4. Key Takeaways

14. Key Countries Automotive Belts Market Analysis

    14.1. U.S.

        14.1.1. Pricing Analysis

        14.1.2. Market Share Analysis, 2021

            14.1.2.1. By Vehicle Type

            14.1.2.2. By Sales Channel

            14.1.2.3. By Type

    14.2. Canada

        14.2.1. Pricing Analysis

        14.2.2. Market Share Analysis, 2021

            14.2.2.1. By Vehicle Type

            14.2.2.2. By Sales Channel

            14.2.2.3. By Type

    14.3. Brazil

        14.3.1. Pricing Analysis

        14.3.2. Market Share Analysis, 2021

            14.3.2.1. By Vehicle Type

            14.3.2.2. By Sales Channel

            14.3.2.3. By Type

    14.4. Mexico

        14.4.1. Pricing Analysis

        14.4.2. Market Share Analysis, 2021

            14.4.2.1. By Vehicle Type

            14.4.2.2. By Sales Channel

            14.4.2.3. By Type

    14.5. Germany

        14.5.1. Pricing Analysis

        14.5.2. Market Share Analysis, 2021

            14.5.2.1. By Vehicle Type

            14.5.2.2. By Sales Channel

            14.5.2.3. By Type

    14.6. U.K.

        14.6.1. Pricing Analysis

        14.6.2. Market Share Analysis, 2021

            14.6.2.1. By Vehicle Type

            14.6.2.2. By Sales Channel

            14.6.2.3. By Type

    14.7. France

        14.7.1. Pricing Analysis

        14.7.2. Market Share Analysis, 2021

            14.7.2.1. By Vehicle Type

            14.7.2.2. By Sales Channel

            14.7.2.3. By Type

    14.8. Spain

        14.8.1. Pricing Analysis

        14.8.2. Market Share Analysis, 2021

            14.8.2.1. By Vehicle Type

            14.8.2.2. By Sales Channel

            14.8.2.3. By Type

    14.9. Italy

        14.9.1. Pricing Analysis

        14.9.2. Market Share Analysis, 2021

            14.9.2.1. By Vehicle Type

            14.9.2.2. By Sales Channel

            14.9.2.3. By Type

    14.10. China

        14.10.1. Pricing Analysis

        14.10.2. Market Share Analysis, 2021

            14.10.2.1. By Vehicle Type

            14.10.2.2. By Sales Channel

            14.10.2.3. By Type

    14.11. Japan

        14.11.1. Pricing Analysis

        14.11.2. Market Share Analysis, 2021

            14.11.2.1. By Vehicle Type

            14.11.2.2. By Sales Channel

            14.11.2.3. By Type

    14.12. South Korea

        14.12.1. Pricing Analysis

        14.12.2. Market Share Analysis, 2021

            14.12.2.1. By Vehicle Type

            14.12.2.2. By Sales Channel

            14.12.2.3. By Type

    14.13. Malaysia

        14.13.1. Pricing Analysis

        14.13.2. Market Share Analysis, 2021

            14.13.2.1. By Vehicle Type

            14.13.2.2. By Sales Channel

            14.13.2.3. By Type

    14.14. Singapore

        14.14.1. Pricing Analysis

        14.14.2. Market Share Analysis, 2021

            14.14.2.1. By Vehicle Type

            14.14.2.2. By Sales Channel

            14.14.2.3. By Type

    14.15. Australia

        14.15.1. Pricing Analysis

        14.15.2. Market Share Analysis, 2021

            14.15.2.1. By Vehicle Type

            14.15.2.2. By Sales Channel

            14.15.2.3. By Type

    14.16. New Zealand

        14.16.1. Pricing Analysis

        14.16.2. Market Share Analysis, 2021

            14.16.2.1. By Vehicle Type

            14.16.2.2. By Sales Channel

            14.16.2.3. By Type

    14.17. GCC Countries

        14.17.1. Pricing Analysis

        14.17.2. Market Share Analysis, 2021

            14.17.2.1. By Vehicle Type

            14.17.2.2. By Sales Channel

            14.17.2.3. By Type

    14.18. South Africa

        14.18.1. Pricing Analysis

        14.18.2. Market Share Analysis, 2021

            14.18.2.1. By Vehicle Type

            14.18.2.2. By Sales Channel

            14.18.2.3. By Type

    14.19. Israel

        14.19.1. Pricing Analysis

        14.19.2. Market Share Analysis, 2021

            14.19.2.1. By Vehicle Type

            14.19.2.2. By Sales Channel

            14.19.2.3. By Type

15. Market Structure Analysis

    15.1. Competition Dashboard

    15.2. Competition Benchmarking

    15.3. Market Share Analysis of Top Players

        15.3.1. By Regional

        15.3.2. By Vehicle Type

        15.3.3. By Sales Channel

        15.3.4. By Type

16. Competition Analysis

    16.1. Competition Deep Dive

        16.1.1. Gates Corporation

            16.1.1.1. Overview

            16.1.1.2. Product Portfolio

            16.1.1.3. Profitability by Market Segments

            16.1.1.4. Sales Footprint

            16.1.1.5. Strategy Overview

                16.1.1.5.1. Marketing Strategy

                16.1.1.5.2. Product Strategy

                16.1.1.5.3. Channel Strategy

        16.1.2. Midas International Corporation

            16.1.2.1. Overview

            16.1.2.2. Product Portfolio

            16.1.2.3. Profitability by Market Segments

            16.1.2.4. Sales Footprint

            16.1.2.5. Strategy Overview

                16.1.2.5.1. Marketing Strategy

                16.1.2.5.2. Product Strategy

                16.1.2.5.3. Channel Strategy

        16.1.3. Bando Chemical Industries Ltd.

            16.1.3.1. Overview

            16.1.3.2. Product Portfolio

            16.1.3.3. Profitability by Market Segments

            16.1.3.4. Sales Footprint

            16.1.3.5. Strategy Overview

                16.1.3.5.1. Marketing Strategy

                16.1.3.5.2. Product Strategy

                16.1.3.5.3. Channel Strategy

        16.1.4. Helicord Transmissions Pvt. Ltd.

            16.1.4.1. Overview

            16.1.4.2. Product Portfolio

            16.1.4.3. Profitability by Market Segments

            16.1.4.4. Sales Footprint

            16.1.4.5. Strategy Overview

                16.1.4.5.1. Marketing Strategy

                16.1.4.5.2. Product Strategy

                16.1.4.5.3. Channel Strategy

        16.1.5. B&B Manufacturing

            16.1.5.1. Overview

            16.1.5.2. Product Portfolio

            16.1.5.3. Profitability by Market Segments

            16.1.5.4. Sales Footprint

            16.1.5.5. Strategy Overview

                16.1.5.5.1. Marketing Strategy

                16.1.5.5.2. Product Strategy

                16.1.5.5.3. Channel Strategy

        16.1.6. The Carlstar Group LLC

            16.1.6.1. Overview

            16.1.6.2. Product Portfolio

            16.1.6.3. Profitability by Market Segments

            16.1.6.4. Sales Footprint

            16.1.6.5. Strategy Overview

                16.1.6.5.1. Marketing Strategy

                16.1.6.5.2. Product Strategy

                16.1.6.5.3. Channel Strategy

        16.1.7. Continental AG

            16.1.7.1. Overview

            16.1.7.2. Product Portfolio

            16.1.7.3. Profitability by Market Segments

            16.1.7.4. Sales Footprint

            16.1.7.5. Strategy Overview

                16.1.7.5.1. Marketing Strategy

                16.1.7.5.2. Product Strategy

                16.1.7.5.3. Channel Strategy

        16.1.8. Hutchinson Group

            16.1.8.1. Overview

            16.1.8.2. Product Portfolio

            16.1.8.3. Profitability by Market Segments

            16.1.8.4. Sales Footprint

            16.1.8.5. Strategy Overview

                16.1.8.5.1. Marketing Strategy

                16.1.8.5.2. Product Strategy

                16.1.8.5.3. Channel Strategy

        16.1.9. CRP Industries Inc

            16.1.9.1. Overview

            16.1.9.2. Product Portfolio

            16.1.9.3. Profitability by Market Segments

            16.1.9.4. Sales Footprint

            16.1.9.5. Strategy Overview

                16.1.9.5.1. Marketing Strategy

                16.1.9.5.2. Product Strategy

                16.1.9.5.3. Channel Strategy

        16.1.10. BG Automotive

            16.1.10.1. Overview

            16.1.10.2. Product Portfolio

            16.1.10.3. Profitability by Market Segments

            16.1.10.4. Sales Footprint

            16.1.10.5. Strategy Overview

                16.1.10.5.1. Marketing Strategy

                16.1.10.5.2. Product Strategy

                16.1.10.5.3. Channel Strategy

17. Assumptions & Acronyms Used

18. Research Methodology

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List of Tables

Table 1: Global Automotive Belts Market Value (US$ Mn) Forecast by Region, 2017-2032

Table 2: Global Automotive Belts Market Volume (Units) Forecast by Region, 2017-2032

Table 3: Global Automotive Belts Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 4: Global Automotive Belts Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 5: Global Automotive Belts Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 6: Global Automotive Belts Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 7: Global Automotive Belts Market Value (US$ Mn) Forecast by Type, 2017-2032

Table 8: Global Automotive Belts Market Volume (Units) Forecast by Type, 2017-2032

Table 9: North America Automotive Belts Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 10: North America Automotive Belts Market Volume (Units) Forecast by Country, 2017-2032

Table 11: North America Automotive Belts Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 12: North America Automotive Belts Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 13: North America Automotive Belts Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 14: North America Automotive Belts Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 15: North America Automotive Belts Market Value (US$ Mn) Forecast by Type, 2017-2032

Table 16: North America Automotive Belts Market Volume (Units) Forecast by Type, 2017-2032

Table 17: Latin America Automotive Belts Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 18: Latin America Automotive Belts Market Volume (Units) Forecast by Country, 2017-2032

Table 19: Latin America Automotive Belts Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 20: Latin America Automotive Belts Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 21: Latin America Automotive Belts Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 22: Latin America Automotive Belts Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 23: Latin America Automotive Belts Market Value (US$ Mn) Forecast by Type, 2017-2032

Table 24: Latin America Automotive Belts Market Volume (Units) Forecast by Type, 2017-2032

Table 25: Europe Automotive Belts Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 26: Europe Automotive Belts Market Volume (Units) Forecast by Country, 2017-2032

Table 27: Europe Automotive Belts Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 28: Europe Automotive Belts Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 29: Europe Automotive Belts Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 30: Europe Automotive Belts Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 31: Europe Automotive Belts Market Value (US$ Mn) Forecast by Type, 2017-2032

Table 32: Europe Automotive Belts Market Volume (Units) Forecast by Type, 2017-2032

Table 33: Asia Pacific Automotive Belts Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 34: Asia Pacific Automotive Belts Market Volume (Units) Forecast by Country, 2017-2032

Table 35: Asia Pacific Automotive Belts Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 36: Asia Pacific Automotive Belts Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 37: Asia Pacific Automotive Belts Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 38: Asia Pacific Automotive Belts Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 39: Asia Pacific Automotive Belts Market Value (US$ Mn) Forecast by Type, 2017-2032

Table 40: Asia Pacific Automotive Belts Market Volume (Units) Forecast by Type, 2017-2032

Table 41: MEA Automotive Belts Market Value (US$ Mn) Forecast by Country, 2017-2032

Table 42: MEA Automotive Belts Market Volume (Units) Forecast by Country, 2017-2032

Table 43: MEA Automotive Belts Market Value (US$ Mn) Forecast by Vehicle Type, 2017-2032

Table 44: MEA Automotive Belts Market Volume (Units) Forecast by Vehicle Type, 2017-2032

Table 45: MEA Automotive Belts Market Value (US$ Mn) Forecast by Sales Channel, 2017-2032

Table 46: MEA Automotive Belts Market Volume (Units) Forecast by Sales Channel, 2017-2032

Table 47: MEA Automotive Belts Market Value (US$ Mn) Forecast by Type, 2017-2032

Table 48: MEA Automotive Belts Market Volume (Units) Forecast by Type, 2017-2032

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List of Charts

Figure 1: Global Automotive Belts Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 2: Global Automotive Belts Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 3: Global Automotive Belts Market Value (US$ Mn) by Type, 2022-2032

Figure 4: Global Automotive Belts Market Value (US$ Mn) by Region, 2022-2032

Figure 5: Global Automotive Belts Market Value (US$ Mn) Analysis by Region, 2017-2032

Figure 6: Global Automotive Belts Market Volume (Units) Analysis by Region, 2017-2032

Figure 7: Global Automotive Belts Market Value Share (%) and BPS Analysis by Region, 2022-2032

Figure 8: Global Automotive Belts Market Y-o-Y Growth (%) Projections by Region, 2022-2032

Figure 9: Global Automotive Belts Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 10: Global Automotive Belts Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 11: Global Automotive Belts Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 12: Global Automotive Belts Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 13: Global Automotive Belts Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 14: Global Automotive Belts Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 15: Global Automotive Belts Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 16: Global Automotive Belts Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 17: Global Automotive Belts Market Value (US$ Mn) Analysis by Type, 2017-2032

Figure 18: Global Automotive Belts Market Volume (Units) Analysis by Type, 2017-2032

Figure 19: Global Automotive Belts Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 20: Global Automotive Belts Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 21: Global Automotive Belts Market Attractiveness by Vehicle Type, 2022-2032

Figure 22: Global Automotive Belts Market Attractiveness by Sales Channel, 2022-2032

Figure 23: Global Automotive Belts Market Attractiveness by Type, 2022-2032

Figure 24: Global Automotive Belts Market Attractiveness by Region, 2022-2032

Figure 25: North America Automotive Belts Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 26: North America Automotive Belts Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 27: North America Automotive Belts Market Value (US$ Mn) by Type, 2022-2032

Figure 28: North America Automotive Belts Market Value (US$ Mn) by Country, 2022-2032

Figure 29: North America Automotive Belts Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 30: North America Automotive Belts Market Volume (Units) Analysis by Country, 2017-2032

Figure 31: North America Automotive Belts Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 32: North America Automotive Belts Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 33: North America Automotive Belts Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 34: North America Automotive Belts Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 35: North America Automotive Belts Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 36: North America Automotive Belts Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 37: North America Automotive Belts Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 38: North America Automotive Belts Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 39: North America Automotive Belts Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 40: North America Automotive Belts Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 41: North America Automotive Belts Market Value (US$ Mn) Analysis by Type, 2017-2032

Figure 42: North America Automotive Belts Market Volume (Units) Analysis by Type, 2017-2032

Figure 43: North America Automotive Belts Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 44: North America Automotive Belts Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 45: North America Automotive Belts Market Attractiveness by Vehicle Type, 2022-2032

Figure 46: North America Automotive Belts Market Attractiveness by Sales Channel, 2022-2032

Figure 47: North America Automotive Belts Market Attractiveness by Type, 2022-2032

Figure 48: North America Automotive Belts Market Attractiveness by Country, 2022-2032

Figure 49: Latin America Automotive Belts Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 50: Latin America Automotive Belts Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 51: Latin America Automotive Belts Market Value (US$ Mn) by Type, 2022-2032

Figure 52: Latin America Automotive Belts Market Value (US$ Mn) by Country, 2022-2032

Figure 53: Latin America Automotive Belts Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 54: Latin America Automotive Belts Market Volume (Units) Analysis by Country, 2017-2032

Figure 55: Latin America Automotive Belts Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 56: Latin America Automotive Belts Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 57: Latin America Automotive Belts Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 58: Latin America Automotive Belts Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 59: Latin America Automotive Belts Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 60: Latin America Automotive Belts Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 61: Latin America Automotive Belts Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 62: Latin America Automotive Belts Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 63: Latin America Automotive Belts Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 64: Latin America Automotive Belts Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 65: Latin America Automotive Belts Market Value (US$ Mn) Analysis by Type, 2017-2032

Figure 66: Latin America Automotive Belts Market Volume (Units) Analysis by Type, 2017-2032

Figure 67: Latin America Automotive Belts Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 68: Latin America Automotive Belts Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 69: Latin America Automotive Belts Market Attractiveness by Vehicle Type, 2022-2032

Figure 70: Latin America Automotive Belts Market Attractiveness by Sales Channel, 2022-2032

Figure 71: Latin America Automotive Belts Market Attractiveness by Type, 2022-2032

Figure 72: Latin America Automotive Belts Market Attractiveness by Country, 2022-2032

Figure 73: Europe Automotive Belts Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 74: Europe Automotive Belts Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 75: Europe Automotive Belts Market Value (US$ Mn) by Type, 2022-2032

Figure 76: Europe Automotive Belts Market Value (US$ Mn) by Country, 2022-2032

Figure 77: Europe Automotive Belts Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 78: Europe Automotive Belts Market Volume (Units) Analysis by Country, 2017-2032

Figure 79: Europe Automotive Belts Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 80: Europe Automotive Belts Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 81: Europe Automotive Belts Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 82: Europe Automotive Belts Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 83: Europe Automotive Belts Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 84: Europe Automotive Belts Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 85: Europe Automotive Belts Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 86: Europe Automotive Belts Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 87: Europe Automotive Belts Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 88: Europe Automotive Belts Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 89: Europe Automotive Belts Market Value (US$ Mn) Analysis by Type, 2017-2032

Figure 90: Europe Automotive Belts Market Volume (Units) Analysis by Type, 2017-2032

Figure 91: Europe Automotive Belts Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 92: Europe Automotive Belts Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 93: Europe Automotive Belts Market Attractiveness by Vehicle Type, 2022-2032

Figure 94: Europe Automotive Belts Market Attractiveness by Sales Channel, 2022-2032

Figure 95: Europe Automotive Belts Market Attractiveness by Type, 2022-2032

Figure 96: Europe Automotive Belts Market Attractiveness by Country, 2022-2032

Figure 97: Asia Pacific Automotive Belts Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 98: Asia Pacific Automotive Belts Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 99: Asia Pacific Automotive Belts Market Value (US$ Mn) by Type, 2022-2032

Figure 100: Asia Pacific Automotive Belts Market Value (US$ Mn) by Country, 2022-2032

Figure 101: Asia Pacific Automotive Belts Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 102: Asia Pacific Automotive Belts Market Volume (Units) Analysis by Country, 2017-2032

Figure 103: Asia Pacific Automotive Belts Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 104: Asia Pacific Automotive Belts Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 105: Asia Pacific Automotive Belts Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 106: Asia Pacific Automotive Belts Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 107: Asia Pacific Automotive Belts Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 108: Asia Pacific Automotive Belts Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 109: Asia Pacific Automotive Belts Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 110: Asia Pacific Automotive Belts Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 111: Asia Pacific Automotive Belts Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 112: Asia Pacific Automotive Belts Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 113: Asia Pacific Automotive Belts Market Value (US$ Mn) Analysis by Type, 2017-2032

Figure 114: Asia Pacific Automotive Belts Market Volume (Units) Analysis by Type, 2017-2032

Figure 115: Asia Pacific Automotive Belts Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 116: Asia Pacific Automotive Belts Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 117: Asia Pacific Automotive Belts Market Attractiveness by Vehicle Type, 2022-2032

Figure 118: Asia Pacific Automotive Belts Market Attractiveness by Sales Channel, 2022-2032

Figure 119: Asia Pacific Automotive Belts Market Attractiveness by Type, 2022-2032

Figure 120: Asia Pacific Automotive Belts Market Attractiveness by Country, 2022-2032

Figure 121: MEA Automotive Belts Market Value (US$ Mn) by Vehicle Type, 2022-2032

Figure 122: MEA Automotive Belts Market Value (US$ Mn) by Sales Channel, 2022-2032

Figure 123: MEA Automotive Belts Market Value (US$ Mn) by Type, 2022-2032

Figure 124: MEA Automotive Belts Market Value (US$ Mn) by Country, 2022-2032

Figure 125: MEA Automotive Belts Market Value (US$ Mn) Analysis by Country, 2017-2032

Figure 126: MEA Automotive Belts Market Volume (Units) Analysis by Country, 2017-2032

Figure 127: MEA Automotive Belts Market Value Share (%) and BPS Analysis by Country, 2022-2032

Figure 128: MEA Automotive Belts Market Y-o-Y Growth (%) Projections by Country, 2022-2032

Figure 129: MEA Automotive Belts Market Value (US$ Mn) Analysis by Vehicle Type, 2017-2032

Figure 130: MEA Automotive Belts Market Volume (Units) Analysis by Vehicle Type, 2017-2032

Figure 131: MEA Automotive Belts Market Value Share (%) and BPS Analysis by Vehicle Type, 2022-2032

Figure 132: MEA Automotive Belts Market Y-o-Y Growth (%) Projections by Vehicle Type, 2022-2032

Figure 133: MEA Automotive Belts Market Value (US$ Mn) Analysis by Sales Channel, 2017-2032

Figure 134: MEA Automotive Belts Market Volume (Units) Analysis by Sales Channel, 2017-2032

Figure 135: MEA Automotive Belts Market Value Share (%) and BPS Analysis by Sales Channel, 2022-2032

Figure 136: MEA Automotive Belts Market Y-o-Y Growth (%) Projections by Sales Channel, 2022-2032

Figure 137: MEA Automotive Belts Market Value (US$ Mn) Analysis by Type, 2017-2032

Figure 138: MEA Automotive Belts Market Volume (Units) Analysis by Type, 2017-2032

Figure 139: MEA Automotive Belts Market Value Share (%) and BPS Analysis by Type, 2022-2032

Figure 140: MEA Automotive Belts Market Y-o-Y Growth (%) Projections by Type, 2022-2032

Figure 141: MEA Automotive Belts Market Attractiveness by Vehicle Type, 2022-2032

Figure 142: MEA Automotive Belts Market Attractiveness by Sales Channel, 2022-2032

Figure 143: MEA Automotive Belts Market Attractiveness by Type, 2022-2032

Figure 144: MEA Automotive Belts Market Attractiveness by Country, 2022-2032

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