Automotive Belts and Hoses Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Automotive Timing Belt Market Growth and is segmented by Belt Type (Drive Belts and Timing Belts), Hose Type (Fuel Delivery System Hoses, Braking System Hoses, Power Steering System Hoses, Heating and Cooling System Hoses, and Turbocharger Hoses), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography (North America, Europe, Asia-Pacific and Rest of the World). The Market Size and Forecast of the Automotive Belts and Hoses Market are provided in terms of value (USD billion) for the above-mentioned segments.

Automotive Belts and Hoses Market Size

Automotive Belts and Hoses Market Forecast

Automotive Belts and Hoses Market Analysis

The Automotive Belts and Hoses Market is expected to register a CAGR of greater than 6.56% during the forecast period.

The COVID-19 pandemic had a negative impact on almost all segments of the automotive industry including passenger and commercial vehicles during 2020 due to the lockdowns and halted production, impacting negatively demand for automotive cylinder liners. But with life returning to normalcy, the auto sector started seeing positive trends by the first half of 2021 as the production of vehicles picked up. For instance, in 2021, the global car sales were around 66.7 million, which in 2020 were 63.8 Million. Such trends are expected to help the automotive cylinder liner market grow in the forecast period.

Over the medium term, the demand is expected to be fuelled by the increasing vehicle sales and growing demand for powertrains and other ancillary components. Further, the stringency of emission control norms of the EPA and CAFE has led to improvements in exhaust and turbocharger hoses. Manufacturer across the globe are upbringing advancements and technological adoption to portray strong demand for belt and hoses.

In addition, with OEMs maintaining strong and longer term supply, belts and hoses manufacturers are expected to witness high growth rate during the study period. Innovations in technology are resulting in technological advancements in terms of product design and the materials used in automotive belt manufacturing to offer lucrative opportunities for players in the market. However, In the coming years, increasing inclination towards beltless engines are expected to restrain market growth.

In terms of regions, Asia-Pacific expected to lead the market during the forecast period. The market is driven by the increasing demand for automobiles, and economic development of China, Japan, India, and South Korea during forecast period. North America and Europe are the other two major markets owing to the presence of major OEMs, tier players, and raw material suppliers along with the established supply chain.

Automotive Belts and Hoses Industry Overview

The automotive belts and hoses market is highly fragmented, due to the presence of many regional players. However, some of the major players, like Sumitomo Riko Co. Ltd, ACDelco (General Motors), Goodyear Tire & Rubber Co., Toyoda Gosei Co. Ltd, and Continental AG, have captured significant shares in the market.

With the growing trend of lightweight and fuel-efficient vehicles, companies have started investing in the production of more advanced materials for belts and hoses, in order to meet the increasing standards of the automotive industry. For instance,

  • In July 2022 Origin Material, inc has partnered with Intertex World Resources which is the leading distributor of synthetic rubber, processed oils, plastics, etc. The partnership further aims to hoses, belts, rubber seals, and all other mechanical rubber goods markets for automotive aftermarkets and OEMs.
  • In March 2020, Teijin Frontier, Kita Ward, Osaka) announced that it has developed an eco-friendly adhesive that doesn't contain resorcinol-formaldehyde (RF) for rubber reinforcement fibers. The company aims to start the pilot production of rubber reinforcement fibers that use this new adhesive in 2020, and to achieve an annual production of 200,000 tons including the amount of licensed production in 2028. As for commonly used RF latex (RFL) adhesives, RF is reticulated by chemical reaction and is combined with latex, an adhesive element, to deliver adhesive performance.

Automotive Belts and Hoses Market Leaders

  1. Sumitomo Riko Co. Ltd

  2. ACDelco (General Motors)

  3. Toyoda Gosei Co. Ltd

  4. Continental AG

  5. Goodyear Tire & Rubber Co.

  6. *Disclaimer: Major Players sorted in no particular order
Sumitomo Riko Co. Ltd, ACDelco (General Motors), Toyoda Gosei Co. Ltd, Continental AG, Goodyear Tire & Rubber Co.
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Automotive Belts and Hoses Market News

  • In September 2022, KA)merged Fluid Transfer Systems (FTS) and Couplings business units to create a new 'Flow Control Systems business unit. KA's FTS business unit supplies PTFE hoses and hose assemblies to various industrial and automotive markets. The couplings business is a supplier of compressed air couplings to the global commercial vehicle market.
  • In July 2022, Continental AG's industrial segment ContiTech has recently announced the launching of the major restructuring hose sites in Germany. According to Conti, the automobile industry's transition has resulted in an oversupply of rubber hoses for combustion engines.
  • In February 2021, Yokohama Rubber announced that it has developed a system that utilizes artificial intelligence (AI) to predict the physical properties of rubber compounds and launched the system in designing rubber compounds for Yokohama tires. The system was developed under Yokohama Rubber's new AI utilization concept, HAICoLab, which was launched in October 2020. Teijin Frontier intends to promote the new adhesive for a wide range of applications such as tires, belts, and hoses, and to further develop properties to respond to various kinds of rubber.
  • In August 2021, Hungarian Investment Promotion Agency (HIPA) announced that the UK based Leyland Hose & Silicone Services (LHSS) has established its first European manufacturing unit in Hungary. As an automotive supplier, the company has been engaged in the manufacturing and sales of silicone hoses for more than 30 years.
    LHSS decided in 2019 to open a new plant in response to market demand.

Automotive Belts and Hoses Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
  • 4.2 Market Restraints
  • 4.3 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.3.1 Threat of New Entrants
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Bargaining Power of Suppliers
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in Value USD Billion)

  • 5.1 Belt Type
    • 5.1.1 Drive Belt
    • 5.1.2 Timing Belt
  • 5.2 Hose Type
    • 5.2.1 Fuel Delivery System Hoses
    • 5.2.2 Braking System Hoses
    • 5.2.3 Power Steering System Hoses
    • 5.2.4 Heating and Cooling System Hoses
    • 5.2.5 Turbocharger Hoses
  • 5.3 Vehicle Type
    • 5.3.1 Passenger Cars
    • 5.3.2 Commercial Vehicles
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 India
    • 5.4.3.3 Japan
    • 5.4.3.4 South Korea
    • 5.4.3.5 Rest of Asia-Pacific
    • 5.4.4 Rest of the World
    • 5.4.4.1 Brazil
    • 5.4.4.2 South Africa
    • 5.4.4.3 Other Countries

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Sumitomo Riko Co. Ltd
    • 6.2.2 ACDelco (General Motors)
    • 6.2.3 Toyoda Gosei Co. Ltd
    • 6.2.4 Continental AG
    • 6.2.5 Goodyear Tire & Rubber Co.
    • 6.2.6 Dayco IP Holdings LLC
    • 6.2.7 Yokohama Rubber Co., Ltd.
    • 6.2.8 Schaeffler AG
    • 6.2.9 Nichirin Co., Ltd.
    • 6.2.10 Hutchinson SA
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
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Automotive Belts and Hoses Industry Segmentation

Belts and hoses are responsible for the overall performance of the vehicle. Belts are an integral part of the engine's powertrain system that transmits power from the flywheel to the camshaft. Fuel efficiency is related to belts, as they regulate the valve positioning. Drive belts and timing belts are two categories of belts. Hoses are flexible pipes that allow the transportation of fluids with varying pressures.

The automotive belts and hoses market has been segmented by belt type, hose type, vehicle type, and geography. By Belt Type, the market has been segmented into drive belts and timing belts. By hose type, the market has been segmented into fuel delivery system hoses, braking system hoses, power steering system hoses, heating and cooling system hoses, and turbocharger hoses.

By vehicle type, the market has been segmented into passenger cars and commercial vehicles and By Geography, the market has been segmented into North America, Europe, Asia-Pacific, and the Rest of the World. For each segment, the market sizing and forecast have been done on basis of value (USD billion).

Belt Type Drive Belt
Timing Belt
Hose Type Fuel Delivery System Hoses
Braking System Hoses
Power Steering System Hoses
Heating and Cooling System Hoses
Turbocharger Hoses
Vehicle Type Passenger Cars
Commercial Vehicles
Geography North America United States
Canada
Rest of North America
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World Brazil
South Africa
Other Countries
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Automotive Belts and Hoses Market Research FAQs

What is the current Automotive Belts and Hoses Market size?

The Automotive Belts and Hoses Market is projected to register a CAGR of greater than 6.56% during the forecast period (2025-2030)

Who are the key players in Automotive Belts and Hoses Market?

Sumitomo Riko Co. Ltd, ACDelco (General Motors), Toyoda Gosei Co. Ltd, Continental AG and Goodyear Tire & Rubber Co. are the major companies operating in the Automotive Belts and Hoses Market.

Which is the fastest growing region in Automotive Belts and Hoses Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Automotive Belts and Hoses Market?

In 2025, the North America accounts for the largest market share in Automotive Belts and Hoses Market.

What years does this Automotive Belts and Hoses Market cover?

The report covers the Automotive Belts and Hoses Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Automotive Belts and Hoses Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Automotive Timing Belt Industry Report

Statistics for the 2025 Automotive Belts and Hoses market share, size and revenue growth rate, created by Mordor Intelligenceā„¢ Industry Reports. Automotive Belts and Hoses analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Automotive Timing Belt Market Report Snapshots

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Automotive Belts and Hoses Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)