Global PU (Polyurethane) Timing Belt Market Growth 2019-2024

PU (Polyurethane) timing belt is a kind of timing belt which is made of polyurethane material. A timing belt is a toothed belt that connects the engine crankshaft to the camshaft or camshafts. A timing belt synchronizes the camshaft to the crankshaft position, so the valves will open and close at the proper timing in relation to the position of the pistons.
Due to the wide application, PU (Polyurethane) timing belt market developed fast in recent years. Viewed from the supply side, there are many manufacturers in the PU (Polyurethane) timing belt industry, while from the demand side, the current demand for PU (Polyurethane) timing belt is growing.
The global sales of PU (Polyurethane) timing belt in 2015 have been over 217,151 K Pcs; the gross margin was around 23.70% during the last five years. We forecast that the global PU (Polyurethane) timing belt market will grow at CAGR of 4.12% from 2016 to 2021.
At present, there are a mass of manufacturers in the market. Leading five companies in the market occupies about 60% of the market shares. Major manufacturers in the market are Gates, Continental, Habasit, NOK and Forbo etc.

According to this study, over the next five years the PU (Polyurethane) Timing Belt market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in PU (Polyurethane) Timing Belt business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of PU (Polyurethane) Timing Belt market by product type, application, key manufacturers and key regions and countries.

This study considers the PU (Polyurethane) Timing Belt value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Type I
Type II
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Industrial Machinery
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Gates
Continental
Habasit
NOK
Forbo
BANDO
Mitsuboshi
Megadyne
BRECO
OPTIBELT
Fuju Belt
Jiebao
Belt
Wutong
Kaiou
Fengmao
Fulong
Slongwang

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global PU (Polyurethane) Timing Belt consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of PU (Polyurethane) Timing Belt market by identifying its various subsegments.
Focuses on the key global PU (Polyurethane) Timing Belt manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the PU (Polyurethane) Timing Belt with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of PU (Polyurethane) Timing Belt submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.