Global Rubber V belt Supply, Demand and Key Producers, 2026-2032

The global Rubber V belt market size is expected to reach $ 2752 million by 2032, rising at a market growth of 3.7% CAGR during the forecast period (2026-2032).

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 studies the global Rubber V belt production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Rubber V belt and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Rubber V belt that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Rubber V belt total production and demand, 2021-2032, (M Am)

Global Rubber V belt total production value, 2021-2032, (USD Million)

Global Rubber V belt production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (M Am), (based on production site)

Global Rubber V belt consumption by region & country, CAGR, 2021-2032 & (M Am)

U.S. VS China: Rubber V belt domestic production, consumption, key domestic manufacturers and share

Global Rubber V belt production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (M Am)

Global Rubber V belt production by Type, production, value, CAGR, 2021-2032, (USD Million) & (M Am)

Global Rubber V belt production by Application, production, value, CAGR, 2021-2032, (USD Million) & (M Am)

This report profiles key players in the global Rubber V belt market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Gates, MITSUBOSHI, Bando, Fenner, Optibelt GmbH, HUTCHINSON, Continental, Megadyne, Dayco, OMFA Rubbers, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Rubber V belt market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (M Am) and average price (US$/K Am) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Rubber V belt Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Rubber V belt Market, Segmentation by Type:
Wrapped V-belt
Cut V-belt

Global Rubber V belt Market, Segmentation by Application:
Industrial Machinery
Agricultural
Automotive
Other

Companies Profiled:
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.

Key Questions Answered:

1. How big is the global Rubber V belt market?

2. What is the demand of the global Rubber V belt market?

3. What is the year over year growth of the global Rubber V belt market?

4. What is the production and production value of the global Rubber V belt market?

5. Who are the key producers in the global Rubber V belt market?

6. What are the growth factors driving the market demand? Show more