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Automotive Timing Belt Market Regulations and
Competitive Landscape Outlook to 2027
May 2017
Report Id : REP-GB-3758
Status : Ongoing
Category : Automotive & Transportation
©2015 Future Market Insights, All Rights Reserved
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Automotive Timing Belt Market
The automotive timing belt is an essential part of any internal combustion engine. The function of these
timing belts or chains is to coordinate the rotation of camshafts and crankshaft in such a way that the
inlet and outlet valves open and close at correct and suitable times during an engine’s exhaust and intake
cycles. The timing belt or timing chain is very crucial as it prevents the pistons from hitting the valves.
Automotive timing belts are basically either toothed belts or drive belts with teeth on the inside surface.
The timing chain is a simple roller chain.
Timing belts are usually made from polymers, rubbers or metal chains. These days, manufacturers are
focusing on creating timing belts or chains which facilitate proper synchronization of crankshaft rotation
with camshaft rotation. However, some still old engines use gears for driving the camshaft. There are
many advantages of using timing belts or timing chains instead of direct gears for the placement of
camshaft away from the crankshaft. Additionally, engines with multiple camshafts have a timing chain or
belt that enables the engine designer to place camshafts away from each other. Timing chains were quite
popular in automobiles through the 1980’s. However, timing chains have become increasingly popular
again in recent years. Timing chains are normally more robust than timing belts, but, neither is as strong
as the direct gear drive. However, since timing belts are less expensive, operate more quietly and are
lighter, they are preferred over direct gear drive.
Automotive timing Belt Market dynamics:
The market for automotive engine timing drives is composed principally of belt- and belt-based products,
with belts being currently used in a majority of engines.
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Automotive Timing Belt Market
In recent years, however, the automotive engine manufacturers are leaning towards more reliable and
lower fuel consumption models. Therefore, their interest in belts, which are more durable and compact,
has increased. Technological modernization has assisted in the expansion of new belts that are quieter,
lighter and smaller than conventional belts and as a result, automakers are increasingly choosing to use
belts in new engines. The market share of automotive belts is expected to surpass that of driving gears in
the next five years.
The market for automotive timing belts is anticipated to grow at a healthy CAGR in the coming future.
Furthermore, growing applications of automotive belts in the automotive industry is expected to propel
the growth of the automotive timing belt market in near future.
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Automotive timing Belt Market segmentation:
Automotive timing belts can be segmented on the basis of type of chemicals and application.
By Product type, the automotive timing belt Market can be segmented into:
• Timing Belts
• Timing Chains
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Automotive Timing Belt Market
On the basis of Sales Channels, the automotive timing belt market can be segmented into:
• OEM
• Aftermarket
On the basis of Vehicle Type, the automotive timing belt market can be segmented into:
• Passenger Cars
• LCV
• HCV
Automotive timing Belt: Regional Outlook:
Owing to increasing global vehicle production and manufacturing, adoption of fuel competent
technologies, developments in materials in reference to their durability and stern emission guidelines and
norms, the market for timing belts is estimated to grow at a swift pace in coming future. The demand for
timing chains or belts is also projected to grow due to the implementation of new fuel saving
technologies and the growing government regulations on tail pipe emissions globally.
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Automotive Timing Belt Market
The demand for timing belts and chains is coming from emerging nations such as India, China, Brazil,
Russia and South Africa. Additionally, the increasing demand for automobiles in these regions is expected
to grow at a very rapid rate, which in turn, is estimated to fuel the growth of the overall timing belt
market globally. In terms of the global demand, the Asia Pacific region is anticipated to be largest market
for the automotive timing belts and chains due to the growing vehicle production in China, followed by
India. The demand for automotive timing belts in European countries is also anticipated to be high owing
to the increasing production of automobiles in this region.
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Automotive timing Belt: Market Participants
Some of the market participants in the Automotive timing Belt market are:
• B&B Manufacturing
• Dayco
• Ningbo Beidi Synchronous Belt
• NingBo Fulong Synchronous Belt
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Automotive Timing Belt Market
• SKF
• Tsubaki
• Carlstar Group
• ContiTech (Continental AG)
• Fenner
• Gates
• ACDelco
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• Bando
• Beck Arnley
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