The global industrial hose market is expected to exhibit a CAGR of 5.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
An industrial hose is a flexible, reinforced hose used for the transfer, suction and discharge of chemicals, petroleum, fuel, air, water and bulk materials. It is a hollow cylindrical tube with a circular cross-section and is manufactured using nylon, polyurethane, polyethylene, polyvinyl chloride (PVC) and synthetic or natural rubbers. The hose is also utilized for transferring high-temperature materials, such as tar, asphalt, steam and hot oils, and abrasive materials, including rocks, chips, slurry, mud, sand, limestone and plastic pellets. In comparison to the traditionally used pipes, industrial hoses are highly durable, temperature resistant, flexible and have a long operational life. As a result, they find extensive applications across various industries, such as oil and gas, energy, agriculture, chemical, automotive and construction.
Industrial Hose Market Trends:
Rapid industrialization across the globe is one of the key factors driving the growth of the market. Moreover, the widespread adoption of industrial hoses manufactured using PVC materials is providing a thrust to the market growth. These hoses are extensively used for construction applications to move fluids from one location to another. In line with this, the increasing requirement for chemical hoses is also contributing to the market growth. Industrial hoses prevent the freezing and condensation of fluids and preserve the core temperature of the pipe. They are also used in vacuum conveying devices, suction conveyors, dosing systems and pelleting machines for pharmaceutical manufacturing. Additionally, the modernization of agricultural processes is acting as another growth-inducing factor. Hydraulic hoses are utilized in mechanized farm equipment, such as harvesters, tractors, transport vehicles and other machinery for enhanced efficiency with minimal power consumption. Other factors, including extensive infrastructural development, along with the increasing product demand in the automotive industry for improved engine performance and enhanced fuel efficiency, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global industrial hose market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on material, wire type and end use industry.
Breakup by Material:
- Natural Rubber
- Nitrile Rubber
- Polyvinyl Chloride (PVC)
Breakup by Wire Type:
Breakup by End Use Industry:
- Oil and Gas
- Food and Beverages
- Water and Wastewater
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Colex International Ltd., Continental AG, Eaton Corporation plc, Flexaust Inc. (Schauenburg Gruppe), Gates Corporation, Kuriyama of America Inc., Kurt Manufacturing, NORRES, Parker-Hannifin Corporation, RYCO Hydraulics (Manuli Rubber Industries S.p.A.), Transfer Oil S.p.A. and Trelleborg AB (publ).
|Base Year of the Analysis
||Material, Wire Type, End Use Industry, Region
||Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Colex International Ltd., Continental AG, Eaton Corporation plc, Flexaust Inc. (Schauenburg Gruppe), Gates Corporation, Kuriyama of America Inc., Kurt Manufacturing, NORRES, Parker-Hannifin Corporation, RYCO Hydraulics (Manuli Rubber Industries S.p.A.), Transfer Oil S.p.A. and Trelleborg AB (publ)
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Key Questions Answered in This Report:
- How has the global industrial hose market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global industrial hose market?
- What are the key regional markets?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the wire type?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global industrial hose market and who are the key players?
- What is the degree of competition in the industry?