Growth of Direct Injection Engines to Fuel the Demand for Timing Chains drives Timing Belt Market

pThe timing belt market is projected to grow at a CAGR of  5.21% during the forecast period, to   reach a market size of USD 9.22 Billion by 2025 from USD 6.14 Billion in 2017. The timing belt OE market is driven by the increasing adoption of direct injection engines and rising vehicle production globally. The growing vehicle parc as well as increase in average miles driven per year are identified as the key factors influencing the timing belt aftermarket./p