Timing Belt Market Research Report by trusted Organization

Ravinderimarc04 Jan, 2023Other

The global timing belt market size reached US$ 6.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.7% during 2023-2028. A timing belt is a ribbed belt that is used to create a synchronisation between the crankshaft’s rotation and the engine valves so that the valves will open and close at an appropriate time.