Global Industrial V-Belt Market Report By Application (Food and Beverage, Oil and Gas, Agriculture, Automotive, Others), By Material (Rubber, Polymer, Neoprene, Urethane Synthetic Materials) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030
The global demand for Industrial V-Belt Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Industrial v-belts are friction-based torque or power transmitters. The power is transmitted from one pulley to the other, utilizing the friction between the belt and pulley. The working principle is quite similar to the conflict between the tire and road in the automobiles. V-belts play a vital role in transmitting mechanical power between different parts of a machine. These are available in a variety of standard sizes. These are broadly used in various industries such as food and beverages, metals and mining, agriculture, power, energy, automotive, etc.
Rapid industrialization with growing preferences for automation is driving the growth of the global industrial v-belt market. The increasing adoption of automation in the industrial sector, increasing initiatives by the government to support funding, and industrial development is boosting the usage of V-belts, thereby augmenting the growth of the market. The industrial v-belt market consists of some well-established players that design and produce industrial v- belts for various industries. Manufacturers are continually working on developing durable V-belts for sectors. Prominent players are increasing their focus on improving materials to enhance the performance of the industrial belt drive.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of industrial v-belt.
The entire industrial v-belt market has been sub-categorized into application and material. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
Food and Beverage
Oil and Gas
Urethane Synthetic Materials
This section covers regional segmentation which accentuates on current and future demand for industrial v-belt market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Industrial V-Belt Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the industrial v-belt market include Montana International, Industrial belts corporation, Gates Corporation, Dayco, Fenner, ContiTech, Optibelt, Belt Technologies, Inc., Volta Belting Technology Ltd., Mitsuboshi Belting Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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1 . PREFACE
1.1. Report Description
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Industrial V-Belt Market
2.2. Global Industrial V-Belt Market Snapshot
3 . INDUSTRIAL V-BELT – INDUSTRY ANALYSIS
3.2. Market Drivers of Industrial V-Belt Market
3.3. Market Restraints of Industrial V-Belt Market
3.4. Opportunities of Industrial V-Belt Market
3.5. Trends of Industrial V-Belt Market
3.6. Porter's Five Force Analysis of Industrial V-Belt Market
3.7. Industrial V-Belt Market Attractiveness Analysis
3.7.1 Market Attractive Analysis by Application
3.7.2 Market Attractive Analysis by Material
3.7.3 Market Attractive Analysis by Region
4 . VALUE CHAIN ANALYSIS
4.1. Industrial V-Belt Value Chain Analysis
4.2. Industrial V-Belt Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Industrial V-Belt Raw Material Manufactures List
4.2.3. Price Trend of Industrial V-Belt Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5. IMPACT ANALYSIS OF COVID-19 OUTBREAK
5.1. Impact Analysis of Covid-19 Outbreak on Industrial V-Belt Market
5.1.1. Direct Impact on Production
5.1.2. Supply Chain and Market Disruption
5.1.3. Financial Impact on Firms and Financial Markets