Dry Timing Belt Market

A form of power transmission belt used in engines to move rotational power from the crankshaft to the camshaft is a dry timing belt, sometimes referred to as a synchronous belt. It is known as a "timing" belt because it works to maintain the crankshaft and camshaft in time with one another, allowing the engine's valves to be open and close at the proper times. Dry timing belts come in a number of materials, including rubber, and are normally toothed to provide a secure fit with the pulleys they drive. They may also be strengthened with fiberglass or Kevlar cables. They are referred to as "dry" belts because, unlike other kinds of power transmission belts like V-belts, they don't need to be lubricated.

Driver:
A number of reasons, including the rising demand for cars and the expanding use of automation in a variety of industries, are propelling the global dry timing belt market. Due to their high durability, extended service life, and minimal maintenance requirements, dry timing belts are predicted to become more and more popular as the automobile industry expands.

Risks:
The availability of alternate power transmissions technologies, such as chains, gears, and wet timing belts, poses a risk to the dry timing belt business. The growth of the market may also be impacted by the price of the raw materials required to make dry timing belts, such as rubber and reinforcing.

The market for dry timing belts is predicted to increase significantly in the Asia-Pacific area due to a number of factors, including the expanding automotive sector and the rising use of automation in production. The need for autos and automation is anticipated to increase as the region's economy continues to expand quickly, which is likely to fuel the growth of the dry timing belt market.

Several of the key players, Continental Toyoda Borgwarner Schaeffler SKF