Agricultural Belts Market Opportunities, Growth Trends and Demand Analysis Report 2026-2032
On Jan 16, Global Info Research released "Global Agricultural Belts Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032". This report includes an overview of the development of the Agricultural Belts industry chain, the market status of Agricultural Belts Market, and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Agricultural Belts.
According to our (Global Info Research) latest study, the global Agricultural Belts market size was valued at US$ 1698 million in 2025 and is forecast to a readjusted size of US$ 2421 million by 2032 with a CAGR of 5.8% during review period.
Agricultural belts are power transmission belts specifically designed for agricultural machinery, used to transfer and distribute power through frictional or mechanical engagement. They are widely used in tractors, combine harvesters, planters, and forage harvesters, and are characterized by high load capacity, impact resistance, wear resistance, and suitability for harsh operating environments, making them typical high-replacement wear parts in agricultural equipment. The global agricultural belt market is approximately US.65 billion in 2025, with a unit price of approximately US per belt and annual sales of approximately 103 million belts. Single-line production capacity is typically 800,000–1,000,000 belts per year, and the industry's gross profit margin is approximately 20%–40%. The agricultural belt industry chain covers upstream raw material supply, midstream manufacturing, and downstream applications and sales. Upstream provides natural and synthetic rubbers (such as CR, EPDM, NBR), reinforcement cords (polyester, aramid, fiberglass), and additives including carbon black, plasticizers, and anti-aging rubber agents, which determine the belt’s strength, wear resistance, and service life. The midstream segment involves compounding, mixing, forming, vulcanization, and inspection, producing wrapped V-belts, raw-edge V-belts, narrow V-belts, and banded belts for both OEM and aftermarket (AM) replacement. Downstream consists of agricultural machinery OEMs and end users, including tractors, combine harvesters, planters, crop protection equipment, post-harvest machinery, as well as dealers and farmers. As high-replacement wear parts, agricultural belts have stable demand in the aftermarket, which typically accounts for a larger share than the OEM market.
This report is a detailed and comprehensive analysis for global Agricultural Belts market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
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Market segment by Type: OEM、 Aftermarket
Market segment by Application: Harvesters、 Silage Harvesters、 Others
Major players covered: Mitsuboshi Belting、 Gates Corporation、 Optibelt、 Bando Chemical Industrials、 Hutchinson、 PIX Transmissions Ltd.、 Timken Belts、 Continental、 Megadyne、 Sanwei、 SANLUX、 Ruiniu、 Guangde Tianpeng Industrial、 Ruisheng、 Weishi Jiulong Rubber and Plastic、 BESTORQ、 Fenner Dunlop、 Hebei Heiyi Rubber
Market segment by region, regional analysis covers:
North America (United States, Canada and Mexico),
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe),
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia),
South America (Brazil, Argentina, Colombia, and Rest of South America),
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Agricultural Belts product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Agricultural Belts, with price, sales, revenue and global market share of Agricultural Belts from 2021 to 2025.
Chapter 3, the Agricultural Belts competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Agricultural Belts breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2021 to 2025.and Agricultural Belts market forecast, by regions, type and application, with sales and revenue, from 2026 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Agricultural Belts.
Chapter 14 and 15, to describe Agricultural Belts sales channel, distributors, customers, research findings and conclusion.
Data Sources:
Via authorized organizations:customs statistics, industrial associations, relevant international societies, and academic publications etc.
Via trusted Internet sources.Such as industry news, publications on this industry, annual reports of public companies, Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), Trading Economics, News Network, Statista, Federal Reserve Economic Data, BIS Statistics, ICIS, Companies House Documentsm, investor presentations, SEC filings of companies, etc.
Via interviews. Our interviewees includes manufacturers, related companies, industry experts, distributors, business (sales) staff, directors, CEO, marketing executives, executives from related industries/organizations, customers and raw material suppliers to obtain the latest information on the primary market;
Via data exchange. We have been consulting in this industry for 16 years and have collaborations with the players in this field. Thus, we get access to (part of) their unpublished data, by exchanging with them the data we have.
From our partners.We have information agencies as partners and they are located worldwide, thus we get (or purchase) the latest data from them.
Via our long-term tracking and gathering of data from this industry.We have a database that contains history data regarding the market.
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