APO RESEARCH · REPORT
V-belts
V-belt is a belt of V-shaped cross section engaging a V-shaped groove in a pulley for wedging and better traction.
Product & engineering
Understand the product.
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 letter ‘V’.
Selected research
Industry Growth & Trends
Global V-belts Industry Growth and Trends Forecast to 2032
Market perspective
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 letter ‘V’.
Read the full market overview
The major players in India V-belts market include Continental Corporation, Sanlux, Mitsuboshi, Navyug (India), etc. The top 4 players occupy about 30% shares of the whole market. D Type and E Type are two main types, with a share about 50%. Industrial and Agricultural are the key applications, which holds a share about 60%.
Report Scope
This report provides a structured, data-driven view of the global V-belts market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The V-belts market size, estimates, and forecasts are presented in terms of sales volume (M Am) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global V-belts market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to V-belts.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global V-belts market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
V-belts Market by Company
N.K. Enterprises
Dharamshila Belting
Navyug
Flexer Rubbers
Mitsuboshi
Gates
Fenner Drives
Continental Corporation
Beha
Optibelt
Sanlux
Sanwei
V-belts Segment by Type
A Type
B Type
C Type
D Type
E Type
Others
V-belts Segment by Application
Automotive
Industrial
Agricultural
Others
V-belts Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global V-belts market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of V-belts and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of V-belts.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: Introduces 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 3: Detailed analysis of V-belts manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of V-belts in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: 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 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- A Type
- B Type
- C Type
- D Type
- E Type
- Others
Applications
- Automotive
- Industrial
- Agricultural
- Others
Companies covered
- N.K. Enterprises
- Dharamshila Belting
- Navyug
- Flexer Rubbers
- Mitsuboshi
- Gates
- Fenner Drives
- Continental Corporation
- Beha
- Optibelt
- Sanlux
- Sanwei
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global V-belts Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global V-belts Sales Estimates and Forecasts (2021-2032)
- 1.3 V-belts Market by Type
- 1.3.1 A Type
- 1.3.2 B Type
- 1.3.3 C Type
- 1.3.4 D Type
- 1.3.5 E Type
- 1.3.6 Others
- 1.4 Global V-belts Market Size by Type
- 1.4.1 Global V-belts Market Size Overview by Type (2021-2032)
- 1.4.2 Global V-belts Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global V-belts Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America V-belts Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe V-belts Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific V-belts Sales Breakdown by Type (2021-2026)
- 1.5.4 South America V-belts Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa V-belts Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 V-belts Industry Trends
- 2.2 V-belts Industry Drivers
- 2.3 V-belts Industry Opportunities and Challenges
- 2.4 V-belts Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by V-belts Revenue (2021-2026)
- 3.2 Global Top Players by V-belts Sales (2021-2026)
- 3.3 Global Top Players by V-belts Price (2021-2026)
- 3.4 Global V-belts Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global V-belts Major Company Production Sites & Headquarters
- 3.6 Global V-belts Company, Product Type & Application
- 3.7 Global V-belts Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global V-belts Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 V-belts Players Market Share by Revenue in 2025
- 3.8.3 2025 V-belts Tier 1, Tier 2, and Tier 3
4 V-belts Regional Status and Outlook
- 4.1 Global V-belts Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global V-belts Historic Market Size by Region
- 4.2.1 Global V-belts Sales in Volume by Region (2021-2026)
- 4.2.2 Global V-belts Sales in Value by Region (2021-2026)
- 4.2.3 Global V-belts Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global V-belts Forecasted Market Size by Region
- 4.3.1 Global V-belts Sales in Volume by Region (2027-2032)
- 4.3.2 Global V-belts Sales in Value by Region (2027-2032)
- 4.3.3 Global V-belts Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 V-belts by Application
- 5.1 V-belts Market by Application
- 5.1.1 Automotive
- 5.1.2 Industrial
- 5.1.3 Agricultural
- 5.1.4 Others
- 5.2 Global V-belts Market Size by Application
- 5.2.1 Global V-belts Market Size Overview by Application (2021-2032)
- 5.2.2 Global V-belts Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global V-belts Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America V-belts Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe V-belts Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific V-belts Sales Breakdown by Application (2021-2026)
- 5.3.4 South America V-belts Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa V-belts Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 N.K. Enterprises
- 6.1.1 N.K. Enterprises Company Information
- 6.1.2 N.K. Enterprises Business Overview
- 6.1.3 N.K. Enterprises V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 N.K. Enterprises V-belts Product Portfolio
- 6.1.5 N.K. Enterprises Recent Developments
- 6.2 Dharamshila Belting
- 6.2.1 Dharamshila Belting Company Information
- 6.2.2 Dharamshila Belting Business Overview
- 6.2.3 Dharamshila Belting V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Dharamshila Belting V-belts Product Portfolio
- 6.2.5 Dharamshila Belting Recent Developments
- 6.3 Navyug
- 6.3.1 Navyug Company Information
- 6.3.2 Navyug Business Overview
- 6.3.3 Navyug V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Navyug V-belts Product Portfolio
- 6.3.5 Navyug Recent Developments
- 6.4 Flexer Rubbers
- 6.4.1 Flexer Rubbers Company Information
- 6.4.2 Flexer Rubbers Business Overview
- 6.4.3 Flexer Rubbers V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 Flexer Rubbers V-belts Product Portfolio
- 6.4.5 Flexer Rubbers Recent Developments
- 6.5 Mitsuboshi
- 6.5.1 Mitsuboshi Company Information
- 6.5.2 Mitsuboshi Business Overview
- 6.5.3 Mitsuboshi V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Mitsuboshi V-belts Product Portfolio
- 6.5.5 Mitsuboshi Recent Developments
- 6.6 Gates
- 6.6.1 Gates Company Information
- 6.6.2 Gates Business Overview
- 6.6.3 Gates V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Gates V-belts Product Portfolio
- 6.6.5 Gates Recent Developments
- 6.7 Fenner Drives
- 6.7.1 Fenner Drives Company Information
- 6.7.2 Fenner Drives Business Overview
- 6.7.3 Fenner Drives V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.7.4 Fenner Drives V-belts Product Portfolio
- 6.7.5 Fenner Drives Recent Developments
- 6.8 Continental Corporation
- 6.8.1 Continental Corporation Company Information
- 6.8.2 Continental Corporation Business Overview
- 6.8.3 Continental Corporation V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.8.4 Continental Corporation V-belts Product Portfolio
- 6.8.5 Continental Corporation Recent Developments
- 6.9 Beha
- 6.9.1 Beha Company Information
- 6.9.2 Beha Business Overview
- 6.9.3 Beha V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.9.4 Beha V-belts Product Portfolio
- 6.9.5 Beha Recent Developments
- 6.10 Optibelt
- 6.10.1 Optibelt Company Information
- 6.10.2 Optibelt Business Overview
- 6.10.3 Optibelt V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.10.4 Optibelt V-belts Product Portfolio
- 6.10.5 Optibelt Recent Developments
- 6.11 Sanlux
- 6.11.1 Sanlux Company Information
- 6.11.2 Sanlux Business Overview
- 6.11.3 Sanlux V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.11.4 Sanlux V-belts Product Portfolio
- 6.11.5 Sanlux Recent Developments
- 6.12 Sanwei
- 6.12.1 Sanwei Company Information
- 6.12.2 Sanwei Business Overview
- 6.12.3 Sanwei V-belts Sales, Revenue and Gross Margin (2021-2026)
- 6.12.4 Sanwei V-belts Product Portfolio
- 6.12.5 Sanwei Recent Developments
7 North America by Country
- 7.1 North America V-belts Sales by Country
- 7.1.1 North America V-belts Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America V-belts Sales by Country (2021-2026)
- 7.1.3 North America V-belts Sales Forecast by Country (2027-2032)
- 7.2 North America V-belts Market Size by Country
- 7.2.1 North America V-belts Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America V-belts Market Size by Country (2021-2026)
- 7.2.3 North America V-belts Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe V-belts Sales by Country
- 8.1.1 Europe V-belts Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe V-belts Sales by Country (2021-2026)
- 8.1.3 Europe V-belts Sales Forecast by Country (2027-2032)
- 8.2 Europe V-belts Market Size by Country
- 8.2.1 Europe V-belts Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe V-belts Market Size by Country (2021-2026)
- 8.2.3 Europe V-belts Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific V-belts Sales by Country
- 9.1.1 Asia-Pacific V-belts Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific V-belts Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific V-belts Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific V-belts Market Size by Country
- 9.2.1 Asia-Pacific V-belts Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific V-belts Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific V-belts Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America V-belts Sales by Country
- 10.1.1 South America V-belts Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America V-belts Sales by Country (2021-2026)
- 10.1.3 South America V-belts Sales Forecast by Country (2027-2032)
- 10.2 South America V-belts Market Size by Country
- 10.2.1 South America V-belts Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America V-belts Market Size by Country (2021-2026)
- 10.2.3 South America V-belts Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa V-belts Sales by Country
- 11.1.1 Middle East and Africa V-belts Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa V-belts Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa V-belts Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa V-belts Market Size by Country
- 11.2.1 Middle East and Africa V-belts Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa V-belts Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa V-belts Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 V-belts Value Chain Analysis
- 12.1.1 V-belts Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 V-belts Production Mode & Process
- 12.2 V-belts Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 V-belts Distributors
- 12.2.3 V-belts Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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