Global Automotive Engine Belt & Hose Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Drive Belt and Timing Belt.

By Vehicle Type;

Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle.

By Application;

Cooling/Heating Hose, Turbocharger Hoses, Fuel Delivery System Hose, and Braking Hose - Hydraulic Braking Hose, and Pneumatic Hose, Steering Hose.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn980728119 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Automotive Engine Belt & Hose Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Engine Belt & Hose Market was valued at USD 28,637.79 million. The size of this market is expected to increase to USD 38,972.08 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.5%.

The global automotive engine belt and hose market has been a vital component of the automotive industry for decades, playing a crucial role in the functioning and performance of vehicles. Engine belts and hoses are fundamental elements of a vehicle's powertrain system, responsible for transmitting power and fluids to various engine components. These components include the alternator, water pump, air conditioning compressor, and power steering pump, among others. The market for engine belts and hoses has seen steady growth over the years, driven by factors such as increasing vehicle production, technological advancements, and growing aftermarket demand.

One of the primary drivers of the automotive engine belt and hose market is the steady rise in global vehicle production. As automotive manufacturers continue to expand their production capacities and introduce new models, the demand for engine belts and hoses has also increased. Additionally, the growing preference for lightweight and durable materials in automotive components has led to the adoption of advanced materials such as synthetic rubbers and high-strength fibers in the manufacturing of engine belts and hoses. This has not only improved the performance and longevity of these components but has also opened up new opportunities for market players to innovate and differentiate their products.

The aftermarket segment of the automotive engine belt and hose market has been experiencing significant growth due to various factors such as aging vehicle fleets, increasing vehicle parc, and rising consumer awareness regarding preventive maintenance. Vehicle owners are increasingly realizing the importance of regular inspection and replacement of engine belts and hoses to avoid potential breakdowns and costly repairs. This trend has prompted aftermarket suppliers and distributors to expand their product offerings and enhance their distribution networks to cater to the growing demand for replacement parts.

Stringent regulatory standards and emission norms imposed by governments worldwide have also influenced the automotive engine belt and hose market. Manufacturers are required to comply with regulations regarding the durability, performance, and environmental impact of engine belts and hoses, leading to continuous product innovation and development. Overall, with the automotive industry evolving rapidly and embracing electrification and connectivity, the engine belt and hose market is poised for further growth and innovation in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Automotive Engine Belt & Hose Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increasing vehicle production
        3. Growing demand for fuel efficiency
        4. Expansion of automotive aftermarket
      2. Restraints
        1. Volatility in raw material prices
        2. Stringent emission regulations
        3. Competition from electric vehicles
        4. Fluctuating consumer preferences
      3. Opportunities
        1. Emerging markets growth potential
        2. Rising adoption of lightweight materials
        3. Shift towards electric vehicles support
        4. Development of durable and efficient products
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Engine Belt & Hose Market, By Type, 2021 - 2031 (USD Million)
      1. Drive Belt
      2. Timing Belt
    2. Global Automotive Engine Belt & Hose Market, By Vehicle Type, 2021- 2031 (USD Million)
      1. Passenger Car
      2. Light Commercial Vehicle
      3. Heavy Commercial Vehicle
    3. Global Automotive Engine Belt & Hose Market, By Application, 2021 - 2031 (USD Million)
      1. Cooling/Heating Hose
      2. Turbocharger Hoses
      3. Fuel Delivery System Hose
      4. Braking Hose
        1. Hydraulic Braking Hose
        2. Pneumatic Hose
      5. Steering Hose
    4. Global Automotive Engine Belt & Hose Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Continental AG
      2. Toyoda Gosei Co., Ltd
      3. Sumitomo Riko Co., Ltd
      4. Yokohama Rubber Co., Ltd
      5. Pinafore Holdings B.V. and Its Subsidiaries
      6. Cooper Standard Holdings, Inc
      7. Schaeffler AG
      8. Bando Chemical Industries Ltd
      9. Nichirin Co., Ltd
      10. Hutchinson SA
  7. Analyst Views
  8. Future Outlook of the Market