Automotive Timing Chain And Belt Market

By Product Type;

Chain [Roller Chain and Non-Roller Chain] and Belt [Dry Belt and Belt in Oil]

By Engine Type;

Gasoline [Inline Engine and V-Engine] and Diesel [Inline Engine and V-Engine]

By Vehicle Type;

Passenger Car, LCV, HCV and Off-Highway Vehicles

By Sales Channel;

OEM and Aftermarket

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn786568507 Published Date: September, 2025 Updated Date: November, 2025

Automotive Timing Chain & Belt Market Overview

Automotive Timing Chain & Belt Market (USD Million)

Automotive Timing Chain & Belt Market was valued at USD 10590.01 million in the year 2024. The size of this market is expected to increase to USD 14901.20 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.


Automotive Timing Chain And Belt Market

*Market size in USD million

CAGR 5.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.0 %
Market Size (2024)USD 10590.01 Million
Market Size (2031)USD 14901.20 Million
Market ConcentrationMedium
Report Pages390
10590.01
2024
14901.20
2031

Major Players

  • Mitsuboshi Belting Ltd
  • L.G. Balakrishan & Bros Ltd
  • Daido Kogyo Co. Ltd
  • SKF AB
  • Iwis Group
  • Gates Corporation
  • Dayco Products LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Automotive Timing Chain And Belt Market

Fragmented - Highly competitive market without dominant players


The Automotive Timing Chain and Belt Market is experiencing steady growth, driven by the rising demand for reliable engine performance and fuel efficiency. These critical components play a vital role in synchronizing engine functions, ensuring smooth operation and reducing the risk of mechanical failures. Nearly 70% of modern vehicles continue to rely on either timing chains or timing belts, reflecting their essential role in engine design and performance optimization.

Growing Emphasis on Durability and Efficiency
With increasing focus on engine longevity, timing chains are being preferred for their extended service life compared to belts. However, timing belts remain popular due to their lighter weight and cost-effectiveness. Around 55% of passenger vehicles still incorporate timing belts, highlighting their ongoing relevance despite advancements in chain-based systems.

Technological Advancements in Design
Innovations in materials and manufacturing processes are reshaping the timing chain and belt landscape. Enhanced rubber composites, reinforced fibers, and improved lubrication systems have boosted performance while minimizing wear. Nearly 40% of new product developments focus on improving thermal resistance and reducing friction losses, ensuring better efficiency and lower maintenance costs.

Impact of Engine Downsizing Trends
The trend toward engine downsizing in modern vehicles has created greater reliance on robust timing systems to handle higher pressures and loads. Approximately 60% of compact and mid-sized engines now demand high-strength timing solutions, emphasizing the growing need for durability and precision in component design to support higher performance levels.

Market Outlook and Growth Prospects
The automotive timing chain and belt market is set for steady expansion, supported by continuous innovations, rising vehicle production, and the need for dependable powertrain components. With nearly 45% of future developments emphasizing low-maintenance systems and advanced designs, the market is positioned to maintain strong growth momentum in the years ahead.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Engine Type
    3. Market Snapshot, By Vehicle Type
    4. Market Snapshot, By Sales Channel
    5. Market Snapshot, By Region
  4. Automotive Timing Chain and Belt Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Engine Efficiency
        2. Increasing Vehicle Production
        3. Demand for Lightweight Materials
        4. Maintenance and Replacement Needs
      2. Restraints
        1. Supply Chain Disruptions
        2. Technological Limitations
        3. Cost Constraints
      3. Opportunities
        1. Shift towards Electric Vehicles (EVs)
        2. Growing Demand for Hybrid Vehicles
        3. Adoption of Advanced Materials
        4. Focus on Engine Performance
    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. Automotive Timing Chain And Belt Market, By Product Type, 2021 - 2031 (USD Million)
      1. Chain
        1. Roller Chain
        2. Non-Roller Chain
      2. Belt
        1. Dry Belt
        2. Belt in Oil
    2. Automotive Timing Chain And Belt Market, By Engine Type, 2021 - 2031 (USD Million)
      1. Gasoline
        1. Inline Engine
        2. V-Engine
      2. Diesel
    3. Automotive Timing Chain And Belt Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Car
      2. LCV
      3. HCV
      4. Off-Highway Vehicles
    4. Automotive Timing Chain And Belt Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. OEM
      2. Aftermarket
    5. Automotive Timing Chain And Belt 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. BorgWarner Inc.
      2. Continental AG (ContiTech)
      3. Schaeffler Technologies AG & Co. KG
      4. Gates Corporation
      5. Dayco Products LLC
      6. SKF
      7. NTN Group
      8. Aisin Corporation
      9. TSUBAKIMOTO CHAIN CO.
      10. MAHLE GmbH
      11. PIX Transmissions Ltd.
      12. FAI Automotive plc
      13. BG Automotive (British Gaskets Group)
      14. MAPCO Autotechnik GmbH
      15. L.G. Balakrishnan & Bros Ltd.
  7. Analyst Views
  8. Future Outlook of the Market