Timing Belt Market Statistics, Share, Industry Trends, Future Growth And Forecast till 2027

Internal combustion engines rely on timing belts (also known as cambelts) to keep them running. The timing belt’s job is to synchronize the rotation of the crankshaft and camshaft, and if they’re both in sync, the pistons and valves in the car will work properly. This is crucial because the vehicle’s valves control the intake and exhaust of the fuel/air combination, as well as pushing the pistons down as the fuel ignites in the combustion chamber. The timing belt is made of high-grade rubber with nylon-reinforced strands to extend the belt’s life. During the forecast period, the timing belt market is expected to grow at a CAGR of around 4.8 percent.