Market Overview:
The global flat belt pulley market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for industrial equipment and other applications across the globe. In terms of type, the double groove segment is expected to hold a major share of the global flat belt pulley market during the forecast period. This can be attributed to its high efficiency and durability as compared to other types of flat belt pulleys available in the market.
Product Definition:
A flat belt pulley is a rotating component of a machine that transfers rotational motion from one shaft to another. It consists of a wheel with radial spokes and a flat belt running around its circumference. The belt may be made of rubber, leather, or plastic. Flat belt pulleys are used in machines where it is important to transmit power between two parallel shafts without any angular misalignment. They are often found in industrial applications such as conveyor belts and printing presses.
Double Groove:
Double groove is a method of manufacturing a flat belt pulley. It consists of two parallel, normally non-contacting surfaces, which are usually made from flexible material such as rubber or plastic and cloth. The surface separation can be produced by cutting the cloth or rubber into two separate pieces with scissors or by using other means such as adhesive tape.
Single Groove:
Single Groove is a type of flat belt pulley with one continuous surface or series of surfaces forming the grooves. The material used to make single-groove flat belts is usually made from synthetic fibers, which are comparatively inexpensive and offer high strength.
The most common application for single-groove belts is in tension conveyor systems where they are used as primary or secondary pulleys for tension transmission purposes.
Application Insights:
The industrial equipment segment dominated the global flat belt pulley market in 2017. This can be attributed to the growing demand for various types of industrial machinery and equipment across the globe. The growth of manufacturing industries, especially in Asia Pacific, is expected to remain a prominent factor driving product demand over the forecast period.
Industrial applications include material handling systems, heavy-duty construction equipment and mining trucks among others. Material handling systems are used for processing materials such as coal, cement and grains at construction sites or within a warehouse on account of their high capacity and low speed ability compared to conventional forklifts with round belts.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to rising industrialization and expanding end-use industries, especially in developing countries such as China and India. In addition, increasing government initiatives for infrastructure development are likely to boost demand for machinery, which will further propel industry growth during the forecast period.
Growth Factors:
- Increasing demand for flat belt pulleys from the automotive industry on account of their ability to transmit high power and torque
- Growing popularity of flat belt pulleys in agricultural applications owing to their low maintenance and easy installation
- Rising demand for flat belt pulleys in the packaging industry as they offer superior performance over traditional drive systems
- Proliferation of e-commerce businesses that require reliable and efficient conveyor systems, which can be best provided by flat belt pulleys
- Technological advancements that have led to the development of more durable and efficient flat belt pulleys
Scope Of The Report
Report Attributes
Report Details
Report Title
Flat Belt Pulley Market Research Report
By Type
Double Groove, Single Groove, Multiple Groove
By Application
Industrial Equipment, Others
By Companies
Arntz Optibelt GmbH, ContiTech AG, Fenner PLC, Regina Industria SpA, Designatronics, Tsubakimoto UK, Dayco Products, Misumi, Brewer, Grainger, Canton Racing
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Flat Belt Pulley Market Report Segments:
The global Flat Belt Pulley market is segmented on the basis of:
Types
Double Groove, Single Groove, Multiple Groove
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Equipment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Arntz Optibelt GmbH
- ContiTech AG
- Fenner PLC
- Regina Industria SpA
- Designatronics
- Tsubakimoto UK
- Dayco Products
- Misumi
- Brewer
- Grainger
- Canton Racing
Highlights of The Flat Belt Pulley Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Double Groove
- Single Groove
- Multiple Groove
- By Application:
- Industrial Equipment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flat Belt Pulley Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A flat belt pulley is a type of pulley that has a flat surface. This makes it easier to attach and remove the belt from the pulley.
Some of the major players in the flat belt pulley market are Arntz Optibelt GmbH, ContiTech AG, Fenner PLC, Regina Industria SpA, Designatronics, Tsubakimoto UK, Dayco Products, Misumi, Brewer, Grainger, Canton Racing.
The flat belt pulley market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flat Belt Pulley Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flat Belt Pulley Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flat Belt Pulley Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flat Belt Pulley Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flat Belt Pulley Market Size & Forecast, 2020-2028
4.5.1 Flat Belt Pulley Market Size and Y-o-Y Growth
4.5.2 Flat Belt Pulley Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Double Groove
5.2.2 Single Groove
5.2.3 Multiple Groove
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial Equipment
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flat Belt Pulley Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flat Belt Pulley Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Double Groove
9.6.2 Single Groove
9.6.3 Multiple Groove
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial Equipment
9.10.2 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Double Groove
10.6.2 Single Groove
10.6.3 Multiple Groove
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial Equipment
10.10.2 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Double Groove
11.6.2 Single Groove
11.6.3 Multiple Groove
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial Equipment
11.10.2 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Double Groove
12.6.2 Single Groove
12.6.3 Multiple Groove
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial Equipment
12.10.2 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Double Groove
13.6.2 Single Groove
13.6.3 Multiple Groove
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial Equipment
13.10.2 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flat Belt Pulley Market: Competitive Dashboard
14.2 Global Flat Belt Pulley Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arntz Optibelt GmbH
14.3.2 ContiTech AG
14.3.3 Fenner PLC
14.3.4 Regina Industria SpA
14.3.5 Designatronics
14.3.6 Tsubakimoto UK
14.3.7 Dayco Products
14.3.8 Misumi
14.3.9 Brewer
14.3.10 Grainger
14.3.11 Canton Racing
