Rubber Transmission Belt Market to Record an Exponential CAGR | 2024
Belt
drives have been used for more than 200 years for conveyance of
materials and transmission of load. There are three basic types of
power transmission belts – flat belts, V-belts, and synchronous
belts. Flat belts have a rectangular cross section and are efficient
due to low bending losses, low creep, and high modulus of elasticity
of traction layers. V-belts are trapezoidal in cross section and are
used in industrial applications because of their relative low cost,
ease of installation, and wide range of sizes. These belts work as
friction-fit drive elements, using the friction between the belt and
the pulley to transmit power. They have a higher power transmission
capacity than flat belts as the slip between the belt and pulley is
negligible, while the higher friction on the belt flanks
substantially lowers the loads on the bearings.
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Synchronous
belts provide similar engagement as gears or chains, where the
toothed profile meshes with corresponding grooves in the pulleys.
They are used in applications where indexing, positioning, or a
constant speed ratio is required. In internal combustion engines,
they are used to drive camshafts, fuel injection pumps, balancer
shafts, and water pumps. The new trend in the automobile industry is
to downsize engines, thereby reducing fuel consumption and carbon
emissions. Downsizing of engines mandates the use of high horsepower
engines. This has made rubber transmission belts crucial to
automobile manufacturers.
Compared
to chain drives, rubber transmission belts have low noise operation
and stable and non-slippery drive. They do not require lubrication
and are light in weight. Thus, rubber transmission belts help save
energy. Transmission belts can be homogeneously made of rubber or
they can be reinforced by aramid, steel, or nylon fibers for high
strength applications. Different types of rubber materials are used
depending upon the specific application environment. Synthetic
rubber, a crude oil by-product, is widely used in transmission belt
applications as compared to natural rubber. Chloroprene-based rubber
transmission belts are flame resistant and are used for difficult
working conditions such as underground mining pits. Ethylene
propylene diene monomer (EPDM) based rubber transmission belts are
resistant to acid, oxygen, and ozone belts. They are used for
high-temperature applications in foundries, cement works, steelworks,
lime kilns, and brickworks. Nitrile-based rubber transmission belts
operate at high temperatures and are resistant to oil and grease.
Silicone rubber belts are resistant to chemicals, greases, and oils
and have an exceptional anti-adhesive effect. Styrene-butadiene
rubber (SBR) transmission belts are resistant to abrasion and have
good antistatic properties. Natural rubber transmission belts are
used for general purpose applications and have low level of damping.
Most transmission belts used in automobiles are made up of blends of
the rubbers mentioned above.
The
rubber transmission belt market is fragmented with a number of
manufacturers scattered throughout the world. Asia Pacific is the
largest manufacturer of rubber transmission belts with China being
the dominant player in the market. Countries such as India, Thailand,
and Malaysia use a significant proportion of natural rubber in their
rubber belt formulations. However, since synthetic rubber prices have
fallen in the last couple of years due to the drop in crude oil
prices, the use of synthetic in rubber transmission belts is set to
rise in the countries mentioned above.
The
U.S. is increasing its production of synthetic rubber belts as
exploration of shale gas has led to a fall in prices of synthetic
right. Among the consumers of rubber transmission belts, China is the
leader, followed by the U.S. and Japan. Europe is witnessing a higher
demand due to the increasing use of rubber transmission belts by
automobile manufacturers in the region. Among the types of rubber,
SBR transmission belts account for the largest market share in terms
of volume. Among the belt types, the usage of synchronous belts is
rising significantly in vehicular and industrial applications.
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Key
players operating in the rubber transmission belt market are Gates
Corporation, TEC Belting Company, Bando Chemical Industries, Ltd.,
New England Belting Company, Belt corporation of America, Hsin Yung
Chien Co., Ltd, Volga Transmissions Pvt. Ltd, PIX Transmissions Pvt.
Ltd., Royal Auto International and J.K. Fenner (India) Limited.
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