Europe Automotive Timing Belt Market Size & Outlook

The automotive timing belt market in Europe is expected to reach a projected revenue of US$ 2,329.3 million by 2030. A compound annual growth rate of 3.9% is expected of Europe automotive timing belt market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,855.9
Forecast, 2030 (US$M)
$2,329.3
CAGR, 2025 - 2030
3.9%
Report Coverage
Europe

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Europe automotive timing belt market, 2018-2030 (US$M)

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Europe automotive timing belt market highlights

  • The Europe automotive timing belt market generated a revenue of USD 1,855.9 million in 2024.
  • The market is expected to grow at a CAGR of 3.9% 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, UK is expected to register the highest CAGR from 2025 to 2030.


Europe data book summary

Market revenue in 2024USD 1,855.9 million
Market revenue in 2030USD 2,329.3 million
Growth rate3.9% (CAGR from 2025 to 2030)
Largest segmentDry belt
Fastest growing segmentChain
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDry Belt, Chain, Belt-in-Oil
Key market players worldwideContiTech 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, Europe region accounted for 25.0% 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 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

Europe 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 56.96% in 2024. Horizon Databook has segmented the Europe 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe automotive timing belt market , including forecasts for subscribers. This continent databook contains high-level insights into Europe automotive timing belt market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe automotive timing belt market size, by country, 2018-2030 (US$M)

Europe Automotive Timing Belt Market Outlook Share, 2024 & 2030 (US$M)

Europe automotive timing belt market size, by country, 2018-2030 (US$M)

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