NEW YORK, May 24, 2021 /PRNewswire/ --
The global automotive belt tensioner pulleys market is set to grow by USD 1.52 billion during 2021-2025, registering a CAGR of over 4%. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. AB SKF, Bando Chemical Industries Ltd., Continental AG, Dayco IP Holdings LLC, Gates Industrial Corp. Plc, Hutchinson SA, Litens Automotive Group, Tenneco Inc., Goodyear Rubber Products Inc., and The Timken Co. are some of the major market participants. The production shift to low-cost countries will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Automotive Belt Tensioner Pulleys Market 2021-2025: Segmentation
Automotive Belt Tensioner Pulleys Market is segmented as below:
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Automotive Belt Tensioner Pulleys Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the automotive belt tensioner pulleys market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include AB SKF, Bando Chemical Industries Ltd., Continental AG, Dayco IP Holdings LLC, Gates Industrial Corp. Plc, Hutchinson SA, Litens Automotive Group, Tenneco Inc., Goodyear Rubber Products Inc., and The Timken Co.
The report also covers the following areas:
Increasing demand for high-performance vehicles is likely to emerge as one of the primary trends in the market. However, the increasing adoption of EVs may threaten the growth of the market.
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Automotive Belt Tensioner Pulleys Market 2021-2025: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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