Global Automotive Belt Tensioner Pulleys Market 2020-2024 The analyst has been monitoring the automotive belt tensioner pulleys market and it is poised to grow by $ 746. 25 mn during 2020-2024 progressing at a CAGR of 2% during the forecast period.
New York, July 22, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Automotive Belt Tensioner Pulleys Market 2020-2024" - https://www.reportlinker.com/p05251421/?utm_source=GNW
Our reports on automotive belt tensioner pulleys market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for high-performance vehicles and improvement in the aftermarket segment. In addition, Production shift to low-cost countries is anticipated to boost the growth of the market as well.
The automotive belt tensioner pulleys market analysis includes application segment and geographic landscape.
The automotive belt tensioner pulleys market is segmented as below:
• Passenger cars
• Commercial vehicles
By Geographic Landscapes
• North America
• South America
This study identifies the increased use of advanced materials for the component design of vehicles as one of the prime reasons driving the automotive belt tensioner pulleys market growth during the next few years. Also, the use of fiber-reinforced materials in automotive timing belts to increase lifespan and use of thermally-stable materials for producing timing belts will lead to sizable demand in the market.
The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our automotive belt tensioner pulleys market covers the following areas:
• Automotive belt tensioner pulleys market sizing
• Automotive belt tensioner pulleys market forecast
• Automotive belt tensioner pulleys market industry analysis
Read the full report: https://www.reportlinker.com/p05251421/?utm_source=GNW
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