Asia Pacific Automotive Timing Belt Market Size & Outlook
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Asia Pacific automotive timing belt market highlights
- The Asia Pacific automotive timing belt market generated a revenue of USD 2,598.3 million in 2024.
- The market is expected to grow at a CAGR of 5.3% from 2025 to 2030.
- In terms of segment, dry belt was the largest revenue generating type in 2024.
- Chain is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Asia Pacific data book summary
| Market revenue in 2024 | USD 2,598.3 million |
| Market revenue in 2030 | USD 3,526.5 million |
| Growth rate | 5.3% (CAGR from 2025 to 2030) |
| Largest segment | Dry belt |
| Fastest growing segment | Chain |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dry Belt, Chain, Belt-in-Oil |
| Key market players worldwide | ContiTech Deutschland GmbH, BorgWarner Inc, Schaeffler AG ADR, SKF Group, NTN Corp, Aisin Corp, Tsubakimoto Chain, JK Fenner, The Goodyear Tire & Rubber Company, Dayco, BGA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 35.0% of the global automotive timing belt market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,526.5 million by 2030.
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Automotive Timing Belt Market Scope
Automotive Timing Belt Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| BGA | View profile | 1-10 | Paris, Ile-de-France, France, Europe | https://www.bastiengonzalez.com/ |
| Tsubakimoto Chain | View profile | 5001-10000 | Osaka, Osaka, Japan, Asia | https://www.tsubakimoto.jp/ |
| Dayco | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | https://www.daycoindia.com |
| SKF Group | View profile | 10001+ | Gothenburg, Vastra Gotaland, Sweden, Europe | http://www.skf.com/ |
| ContiTech Deutschland GmbH | View profile | 10001+ | Hanover, Niedersachsen, Germany, Europe | https://www.continental-industry.com |
| JK Fenner | View profile | 501-1000 | Madurai, Tamil Nadu, India, Asia | https://jkfenner.com/ |
| The Goodyear Tire & Rubber Company | View profile | - | Akron, Ohio, United States, North America | https://jobs.goodyear.com/ |
| Aisin Corp | View profile | 142245 | 2-1 Asahi-machi, Aichi, Kariya, Japan, 448-8650 | https://www.aisin.com |
| BorgWarner Inc | View profile | 39900 | 3850 Hamlin Road, Auburn Hills, MI, United States, 48326 | https://www.borgwarner.com |
| Schaeffler AG ADR | View profile | 83362 | Industriestrasse 1-3, Herzogenaurach, BY, Germany, 91074 | https://www.schaeffler.com |
| NTN Corp | View profile | 23027 | 3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, Japan, 550-0003 | http://www.ntn.co.jp |
Asia Pacific automotive timing belt market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive timing belt market will help companies and investors design strategic landscapes.
Dry belt was the largest segment with a revenue share of 57.71% in 2024. Horizon Databook has segmented the Asia Pacific automotive timing belt market based on dry belt, chain, belt-in-oil covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Asia Pacific automotive timing belt market databook
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Our clientele includes a mix of automotive timing belt market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific automotive timing belt market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific automotive timing belt market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific automotive timing belt market size, by country, 2018-2030 (US$M)
Asia Pacific Automotive Timing Belt Market Outlook Share, 2024 & 2030 (US$M)
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