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Market Insights on Growth of Idler Pulley Market During 2017 - 2025

01-31-2018 01:46 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Persistence Market Research

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Market Insights on Growth of Idler Pulley Market During 2017 -

The idler pulley is a mechanical part in the vehicle, functions to guide and maintain the tension on the drive belt. The idler pulley offers the required tension in the driving belt and also other systems parts such as alternators, air compressors, water pumps and power steering pumps are helped by the function of the idler pulley. On under tension, the vehicle can experience vibration, early failure of belt, noise and spillage. In such a scenario idler pulley play an important role. The idler pulley is available in steel, cast iron and plastic material. Owing to the light weight design trend in the automotive industry, the demand for plastic idler pulley is high.

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Features in the idler pulley are, they are designed with a surface being smooth, riveted or grooved pattern. These patterns serve the different need, for instance, grooved design in the idler pulley reduces the friction as well as wear on the belt, and smoothness prevents belt scuffing whereas riveted design adds durability to the idler pulley. The idler pulley is manufactured for OEMs and are also available in the aftermarket. The aftermarket for idler pulley is expected to grow at substantial growth rate due to the product life cycle and the products in the aftermarket are less expensive compared to OEM.

Global Idler Pulley Market: Drivers and Restraints

The idler pulley market is primarily driven by the growing automotive industry. The increasing sales of automotive vehicles drive the consumption of idler pulley. Further, the idler pulley has to be replaced when worn out and thus, the replacement rate of idler pulley is also quite high. However, the strict regulations for auto component manufacturing challenge the idler pulley manufacturers.

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Global Idler Pulley Market: Key Players

Some of the key players identified in the global idler pulley market include:

Dayco Products, LLC
SKF AB
The Gates Corporation
Capitol Stampings Corp.
Superior Industries, LLC
The Timken Corporation
Parcan Group
Clutch Bearings Industries Co., Ltd.
Jiuh Men Industry Co., Ltd.
Precision, Inc.
Schaeffler Technologies AG & Co. KG
Standard Motor Products, Inc

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