Global V-belts Market
Size, Share, Trends, History, Gross Margin and Forecasts To 2024
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V-belt is a belt of V-shaped cross section engaging a V-shaped groove in a pulley for wedging and better traction.
V-Belts are friction based power or torque transmitters. The power is transmitted from one pulley to the other by means of the friction between the belt and pulley. The rubber used as the base material plays a very vital role in this. This is quite similar to the friction between the Tyre and road in the automobiles that enables the automobiles to move on the road.
The V-Belt is called so because of its cross section. The cross section of a V-Belt is similar to that of the letters.
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Scope of the Report:
Continental Corporation ranks the first in terms of sales share in Indian market of V-belts, occupies 8.70% of the Indian market share in 2016; While, Sanlux, with a market share of 7.97%, comes the second; All the other manufacturers which are not included in the report together consist of approximately 31.53% of the Indian market in 2016.
Continental Corporation ranks the first in terms of sales share in global market of V-belts, occupies 14.68% of the global market share in 2016; While, Gates, with a market share of 14.27%, comes the second; All the other manufacturers which are not included in the report together consist of approximately 30.71% of the global market in 2016.
The worldwide market for V-belts is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new study.
This report focuses on the V-belts in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
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