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The Europe rubber hose market is currently witnessing steady growth. A rubber hose is a hollow tube designed for handling different temperatures and pressure ranges. It is made with three main layers, including an outer cover; a reinforcing layer of spiraled or braided wire, cotton and synthetic fiber; and a seamless synthetic rubber tube. As it can withstand external abuse, it is extensively used in both pipelines and bends across Europe.
The increasing application of rubber hose in several end use industries, such as oil and gas, food and beverage (F&B), agriculture, and chemicals, represents one of the significant factors fueling the growth of the market. Moreover, numerous dominant manufacturers like Semperit Group, a manufacturing unit of rubber hoses, are expanding their production capacity, which is strengthening the market growth. However, the sudden outbreak of coronavirus disease (COVID-19) and the lockdown restrictions imposed by governing agencies of different countries in the region have slowed down the overall market growth. The market will experience growth once relaxations are introduced across these countries. Looking forward, the market is expected to continue its steady growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe rubber hose market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type, media, pressure rating and application.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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