The global market for Rubber V belt was estimated to be worth US$ 2011 million in 2024 and is forecast to a readjusted size of US$ 2600 million by 2031 with a CAGR of 3.8% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Rubber V belt cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A Rubber V-Belt is a mechanical power transmission belt with a trapezoidal (V-shaped) cross-section, made primarily of rubber and reinforcing cords. It is widely used to transmit power between rotating shafts in engines, industrial machinery, and HVAC systems.
Global 5 largest manufacturers of Rubber V belt are Gates, MITSUBOSHI, Bando, Fenner and Sanlux Co.,Ltd, which make up over 53%. Among them, Gates is the leader with about 20% market share. Europe is the largest market, with a share about 30%, followed by North America and China , with the share about 23% and 17%. In terms of product type, Wrapped V-belt occupy the largest share of the total market, about 75%. And in terms of product Application, the largest application is Industrial Machinery Field, followed by Automotive Field.
The rubber V - belt market has significant potential across various applications, driven by its reliability and efficiency in power transmission. In the automotive industry, rubber V - belts are crucial for driving accessories such as alternators, water pumps, and air - conditioning compressors. They ensure smooth operation of these components, maintaining the vehicle's electrical supply, engine cooling, and passenger comfort. As the global automotive market continues to expand, with growing production of both conventional and electric vehicles (where V - belts are still used for certain auxiliary functions), the demand for rubber V - belts in this sector remains robust. In industrial machinery, rubber V - belts are widely employed in conveyor systems, agricultural equipment, and manufacturing plants. For example, in food processing plants, they power conveyor belts that transport products, while in agricultural machinery like tractors, they drive various implements. Their ability to handle different load requirements, resist wear, and operate quietly makes them a preferred choice. Additionally, in the HVAC systems of commercial buildings, rubber V - belts drive fans and blowers, facilitating proper air circulation and temperature control. With ongoing industrialization and infrastructure development worldwide, the rubber V - belt market is poised for continued growth across these diverse applications.
This report aims to provide a comprehensive presentation of the global market for Rubber V belt, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Rubber V belt by region & country, by Type, and by Application.
The Rubber V belt market size, estimations, and forecasts are provided in terms of sales volume (M Am) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Rubber V belt.
Market Segmentation
By Company
- Gates
- MITSUBOSHI
- Bando
- Fenner
- Optibelt GmbH
- HUTCHINSON
- Continental
- Megadyne
- Dayco
- OMFA Rubbers
- Semperit AG
- Sanlux
- Sanwei Rubber
- Baolilai Power Transmission
- Weishi Jiulong Rubber Co., Ltd.
- Zhejiang Sihai Rubber Co., Ltd.
- Zhejiang Jinjiu Rubber Belt Co., Ltd.
- Zhejiang Tianji Rubber Co., Ltd.
- Zhejiang Powerbelt Co., Ltd.
- Taizhou Feilizhou Rubber-Belt Co., Ltd.
- Sanmen Binlong Transmission Belt Co., Ltd.
Segment by Type
- Wrapped V-belt
- Cut V-belt
Segment by Application
- Industrial Machinery
- Agricultural
- Automotive
- Other
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Rubber V belt manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Rubber V belt in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Rubber V belt in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Rubber V belt Product Introduction
- 1.2 Global Rubber V belt Market Size Forecast
- 1.2.1 Global Rubber V belt Sales Value (2020-2031)
- 1.2.2 Global Rubber V belt Sales Volume (2020-2031)
- 1.2.3 Global Rubber V belt Sales Price (2020-2031)
- 1.3 Rubber V belt Market Trends & Drivers
- 1.3.1 Rubber V belt Industry Trends
- 1.3.2 Rubber V belt Market Drivers & Opportunity
- 1.3.3 Rubber V belt Market Challenges
- 1.3.4 Rubber V belt Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Rubber V belt Players Revenue Ranking (2024)
- 2.2 Global Rubber V belt Revenue by Company (2020-2025)
- 2.3 Global Rubber V belt Players Sales Volume Ranking (2024)
- 2.4 Global Rubber V belt Sales Volume by Company Players (2020-2025)
- 2.5 Global Rubber V belt Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Rubber V belt Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Rubber V belt Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Rubber V belt
- 2.9 Rubber V belt Market Competitive Analysis
- 2.9.1 Rubber V belt Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Rubber V belt Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Rubber V belt as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Wrapped V-belt
- 3.1.2 Cut V-belt
- 3.2 Global Rubber V belt Sales Value by Type
- 3.2.1 Global Rubber V belt Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Rubber V belt Sales Value, by Type (2020-2031)
- 3.2.3 Global Rubber V belt Sales Value, by Type (%) (2020-2031)
- 3.3 Global Rubber V belt Sales Volume by Type
- 3.3.1 Global Rubber V belt Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Rubber V belt Sales Volume, by Type (2020-2031)
- 3.3.3 Global Rubber V belt Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Rubber V belt Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Industrial Machinery
- 4.1.2 Agricultural
- 4.1.3 Automotive
- 4.1.4 Other
- 4.2 Global Rubber V belt Sales Value by Application
- 4.2.1 Global Rubber V belt Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Rubber V belt Sales Value, by Application (2020-2031)
- 4.2.3 Global Rubber V belt Sales Value, by Application (%) (2020-2031)
- 4.3 Global Rubber V belt Sales Volume by Application
- 4.3.1 Global Rubber V belt Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Rubber V belt Sales Volume, by Application (2020-2031)
- 4.3.3 Global Rubber V belt Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Rubber V belt Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Rubber V belt Sales Value by Region
- 5.1.1 Global Rubber V belt Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Rubber V belt Sales Value by Region (2020-2025)
- 5.1.3 Global Rubber V belt Sales Value by Region (2026-2031)
- 5.1.4 Global Rubber V belt Sales Value by Region (%), (2020-2031)
- 5.2 Global Rubber V belt Sales Volume by Region
- 5.2.1 Global Rubber V belt Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Rubber V belt Sales Volume by Region (2020-2025)
- 5.2.3 Global Rubber V belt Sales Volume by Region (2026-2031)
- 5.2.4 Global Rubber V belt Sales Volume by Region (%), (2020-2031)
- 5.3 Global Rubber V belt Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Rubber V belt Sales Value, 2020-2031
- 5.4.2 North America Rubber V belt Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Rubber V belt Sales Value, 2020-2031
- 5.5.2 Europe Rubber V belt Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Rubber V belt Sales Value, 2020-2031
- 5.6.2 Asia Pacific Rubber V belt Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Rubber V belt Sales Value, 2020-2031
- 5.7.2 South America Rubber V belt Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Rubber V belt Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Rubber V belt Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Rubber V belt Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Rubber V belt Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Rubber V belt Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Rubber V belt Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Rubber V belt Sales Value, 2020-2031
- 6.3.2 United States Rubber V belt Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Rubber V belt Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Rubber V belt Sales Value, 2020-2031
- 6.4.2 Europe Rubber V belt Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Rubber V belt Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Rubber V belt Sales Value, 2020-2031
- 6.5.2 China Rubber V belt Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Rubber V belt Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Rubber V belt Sales Value, 2020-2031
- 6.6.2 Japan Rubber V belt Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Rubber V belt Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Rubber V belt Sales Value, 2020-2031
- 6.7.2 South Korea Rubber V belt Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Rubber V belt Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Rubber V belt Sales Value, 2020-2031
- 6.8.2 Southeast Asia Rubber V belt Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Rubber V belt Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Rubber V belt Sales Value, 2020-2031
- 6.9.2 India Rubber V belt Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Rubber V belt Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Gates
- 7.1.1 Gates Company Information
- 7.1.2 Gates Introduction and Business Overview
- 7.1.3 Gates Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Gates Rubber V belt Product Offerings
- 7.1.5 Gates Recent Development
- 7.2 MITSUBOSHI
- 7.2.1 MITSUBOSHI Company Information
- 7.2.2 MITSUBOSHI Introduction and Business Overview
- 7.2.3 MITSUBOSHI Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 MITSUBOSHI Rubber V belt Product Offerings
- 7.2.5 MITSUBOSHI Recent Development
- 7.3 Bando
- 7.3.1 Bando Company Information
- 7.3.2 Bando Introduction and Business Overview
- 7.3.3 Bando Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Bando Rubber V belt Product Offerings
- 7.3.5 Bando Recent Development
- 7.4 Fenner
- 7.4.1 Fenner Company Information
- 7.4.2 Fenner Introduction and Business Overview
- 7.4.3 Fenner Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Fenner Rubber V belt Product Offerings
- 7.4.5 Fenner Recent Development
- 7.5 Optibelt GmbH
- 7.5.1 Optibelt GmbH Company Information
- 7.5.2 Optibelt GmbH Introduction and Business Overview
- 7.5.3 Optibelt GmbH Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Optibelt GmbH Rubber V belt Product Offerings
- 7.5.5 Optibelt GmbH Recent Development
- 7.6 HUTCHINSON
- 7.6.1 HUTCHINSON Company Information
- 7.6.2 HUTCHINSON Introduction and Business Overview
- 7.6.3 HUTCHINSON Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 HUTCHINSON Rubber V belt Product Offerings
- 7.6.5 HUTCHINSON Recent Development
- 7.7 Continental
- 7.7.1 Continental Company Information
- 7.7.2 Continental Introduction and Business Overview
- 7.7.3 Continental Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Continental Rubber V belt Product Offerings
- 7.7.5 Continental Recent Development
- 7.8 Megadyne
- 7.8.1 Megadyne Company Information
- 7.8.2 Megadyne Introduction and Business Overview
- 7.8.3 Megadyne Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Megadyne Rubber V belt Product Offerings
- 7.8.5 Megadyne Recent Development
- 7.9 Dayco
- 7.9.1 Dayco Company Information
- 7.9.2 Dayco Introduction and Business Overview
- 7.9.3 Dayco Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Dayco Rubber V belt Product Offerings
- 7.9.5 Dayco Recent Development
- 7.10 OMFA Rubbers
- 7.10.1 OMFA Rubbers Company Information
- 7.10.2 OMFA Rubbers Introduction and Business Overview
- 7.10.3 OMFA Rubbers Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 OMFA Rubbers Rubber V belt Product Offerings
- 7.10.5 OMFA Rubbers Recent Development
- 7.11 Semperit AG
- 7.11.1 Semperit AG Company Information
- 7.11.2 Semperit AG Introduction and Business Overview
- 7.11.3 Semperit AG Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Semperit AG Rubber V belt Product Offerings
- 7.11.5 Semperit AG Recent Development
- 7.12 Sanlux
- 7.12.1 Sanlux Company Information
- 7.12.2 Sanlux Introduction and Business Overview
- 7.12.3 Sanlux Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Sanlux Rubber V belt Product Offerings
- 7.12.5 Sanlux Recent Development
- 7.13 Sanwei Rubber
- 7.13.1 Sanwei Rubber Company Information
- 7.13.2 Sanwei Rubber Introduction and Business Overview
- 7.13.3 Sanwei Rubber Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Sanwei Rubber Rubber V belt Product Offerings
- 7.13.5 Sanwei Rubber Recent Development
- 7.14 Baolilai Power Transmission
- 7.14.1 Baolilai Power Transmission Company Information
- 7.14.2 Baolilai Power Transmission Introduction and Business Overview
- 7.14.3 Baolilai Power Transmission Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Baolilai Power Transmission Rubber V belt Product Offerings
- 7.14.5 Baolilai Power Transmission Recent Development
- 7.15 Weishi Jiulong Rubber Co., Ltd.
- 7.15.1 Weishi Jiulong Rubber Co., Ltd. Company Information
- 7.15.2 Weishi Jiulong Rubber Co., Ltd. Introduction and Business Overview
- 7.15.3 Weishi Jiulong Rubber Co., Ltd. Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Weishi Jiulong Rubber Co., Ltd. Rubber V belt Product Offerings
- 7.15.5 Weishi Jiulong Rubber Co., Ltd. Recent Development
- 7.16 Zhejiang Sihai Rubber Co., Ltd.
- 7.16.1 Zhejiang Sihai Rubber Co., Ltd. Company Information
- 7.16.2 Zhejiang Sihai Rubber Co., Ltd. Introduction and Business Overview
- 7.16.3 Zhejiang Sihai Rubber Co., Ltd. Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Zhejiang Sihai Rubber Co., Ltd. Rubber V belt Product Offerings
- 7.16.5 Zhejiang Sihai Rubber Co., Ltd. Recent Development
- 7.17 Zhejiang Jinjiu Rubber Belt Co., Ltd.
- 7.17.1 Zhejiang Jinjiu Rubber Belt Co., Ltd. Company Information
- 7.17.2 Zhejiang Jinjiu Rubber Belt Co., Ltd. Introduction and Business Overview
- 7.17.3 Zhejiang Jinjiu Rubber Belt Co., Ltd. Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Zhejiang Jinjiu Rubber Belt Co., Ltd. Rubber V belt Product Offerings
- 7.17.5 Zhejiang Jinjiu Rubber Belt Co., Ltd. Recent Development
- 7.18 Zhejiang Tianji Rubber Co., Ltd.
- 7.18.1 Zhejiang Tianji Rubber Co., Ltd. Company Information
- 7.18.2 Zhejiang Tianji Rubber Co., Ltd. Introduction and Business Overview
- 7.18.3 Zhejiang Tianji Rubber Co., Ltd. Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Zhejiang Tianji Rubber Co., Ltd. Rubber V belt Product Offerings
- 7.18.5 Zhejiang Tianji Rubber Co., Ltd. Recent Development
- 7.19 Zhejiang Powerbelt Co., Ltd.
- 7.19.1 Zhejiang Powerbelt Co., Ltd. Company Information
- 7.19.2 Zhejiang Powerbelt Co., Ltd. Introduction and Business Overview
- 7.19.3 Zhejiang Powerbelt Co., Ltd. Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Zhejiang Powerbelt Co., Ltd. Rubber V belt Product Offerings
- 7.19.5 Zhejiang Powerbelt Co., Ltd. Recent Development
- 7.20 Taizhou Feilizhou Rubber-Belt Co., Ltd.
- 7.20.1 Taizhou Feilizhou Rubber-Belt Co., Ltd. Company Information
- 7.20.2 Taizhou Feilizhou Rubber-Belt Co., Ltd. Introduction and Business Overview
- 7.20.3 Taizhou Feilizhou Rubber-Belt Co., Ltd. Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.20.4 Taizhou Feilizhou Rubber-Belt Co., Ltd. Rubber V belt Product Offerings
- 7.20.5 Taizhou Feilizhou Rubber-Belt Co., Ltd. Recent Development
- 7.21 Sanmen Binlong Transmission Belt Co., Ltd.
- 7.21.1 Sanmen Binlong Transmission Belt Co., Ltd. Company Information
- 7.21.2 Sanmen Binlong Transmission Belt Co., Ltd. Introduction and Business Overview
- 7.21.3 Sanmen Binlong Transmission Belt Co., Ltd. Rubber V belt Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.21.4 Sanmen Binlong Transmission Belt Co., Ltd. Rubber V belt Product Offerings
- 7.21.5 Sanmen Binlong Transmission Belt Co., Ltd. Recent Development
8 Industry Chain Analysis
- 8.1 Rubber V belt Industrial Chain
- 8.2 Rubber V belt Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Rubber V belt Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Rubber V belt Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer