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Rubber Transmission Belts Market is set to Reach US$ 7 Bn by 2026

Source: https://www.transparencymarketresearch.com/rubber-transmission-belt-market.html

Rubber Transmission Belt
The global rubber transmission belts market was valued at around US$ 5 Bn in 2017 and is projected to expand at a CAGR of 4.16% from 2018 to 2026, according to a new report titled 'Rubber Transmission Belts Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026,' published by Transparency Market Research (TMR) .Growth of the automotive sector across the world and increase in the number of manufacturing plants are key factors driving the global rubber transmission belts market. Additionally, availability of raw material in abundance is fueling the market.

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