Reports
Global Hydraulic Hose Market: By Product: Reinforced, Corrugated, Coiled, Others; By Application: Agriculture, Construction, Material Handling, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Hydraulic Hose Market Outlook
The global hydraulic hose industry reached a value of about USD 1.98 billion in 2020. The industry is further expected to grow at a CAGR of about 4.35% in the forecast period of 2023-2028 to reach a value of around USD 2.56 billion by 2026.
Asia Pacific and North America to be Significant Regional Markets for Hydraulic Hose
The Asia Pacific region is among the dominating regions for hydraulic rubber hose. It is mostly due to the fact that agriculture is the primary activity of the majority of the people in these regions, which, combined with the development in industrialisation, has given the market a boost. The expansion in industrialisation has also improved the production of automobiles and construction work in the region. The dominance of this region is because of increasing mining activities in emerging economies such as India and China.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Also, coal mining activities in China has increased drastically, which is again adding enormous growth to the regional market. The rise in agriculture activities, coupled with advancement in the industry in emerging economies such as India, China, and others further provides significant growth opportunities to the hydraulic hose market.
With the increase in building activity in places such as Denver, Sacramento, Portland, and Atlanta, North America is expected to account for a significant value share in the worldwide hydraulic hose market. Hydraulic hose production is at an all-time high on the continent, and demand for the hydraulic hose is expected to continue to rise.
Impact of COVID-19 on the Market
The COVID-19 pandemic has severely impacted the global economy and all industries throughout the globe. This is due to the disruption of the global supply chain. A sharp drop in demand for products has led to a decline in economies around the world. Moreover, owing to the shortage of raw materials caused by the pandemic, production in hydraulic hose industries has been restricted. The decline in exports and disruptions in the supply chain during COVID-19 are the major factors that contribute to the decline in the production of hydraulic hoses.
Hydraulic Hose: Market Segmentation
The hydraulic rubber hose is made of rubber or thermoplastic material. It transports the fluid that causes the hydraulic machinery to exert force. The hose is made up of three layers to protect it from weather, abrasion, and oil or chemicals: the inner layer, the reinforcing layer, and the outer protective layer. Hydraulic hoses are used in a variety of industries, including manufacturing, agriculture, and construction, among others. Because of the changing climate, the hydraulic hose's durability is limited, resulting in abrasion.
By product, the market is divided into:
- Reinforced
- Corrugated
- Coiled
- Others
The leading application of the market includes:
- Agriculture
- Construction
- Material Handling
- Others
The regional markets for hydraulic hose industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Increasing Demand for End Use Industries is Boosting the Market Growth
The demand for the hydraulic hose is estimated to grow substantially from the construction industry due to the requirement of high operating pressure and maximum abrasion resistance to the equipment. The growing construction industry equipment also inclines hydraulic hoses in machines such as bulldozers, backhoes, wheel loaders, excavators, and others. The growth in demand for energy-efficient green buildings is also anticipated to positively impact the market, as these buildings are specifically designed to consume minimal energy. Furthermore, the enhanced demand in food consumption has enabled the agriculture industry to improve its crop yields, boosting the demand for hydraulic rubber hoses. For the conveyance of fluids, hydraulic rubber hoses are employed in the chemical industry, pulp and paper industry, and material handling industry. The growing demand from the industries to take care of their operational efficiency is the major driving factor for the hydraulic rubber hose market. The market's growth is attributed to a rise in demand for material handling equipment, an increase in demand for innovative agricultural equipment, and growth in the adaptability of various industries in hydraulic equipment. In addition, technological developments in core construction and infrastructure industries are expected to increase demand for the hydraulic hose market.
Key Industry Players in the Global Hydraulic Hose Market
The report gives a detailed analysis of the following key players in the global hydraulic hose market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Parker-Hannifin Corporation
- Eaton Corporation plc
- Bridgestone Corporation
- RYCO Hydraulics Pty Ltd
- ContiTech AG
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region |
| Breakup by Product | Reinforced, Corrugated, Coiled, Others |
| Breakup by Application | Agriculture, Construction, Material Handling, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Parker-Hannifin Corporation, Eaton Corporation plc, Bridgestone Corporation, RYCO Hydraulics Pty Ltd, ContiTech AG, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Hydraulic Hose Market Analysis
8.1 Key Industry Highlights
8.2 Global Hydraulic Hose Historical Market (2018-2022)
8.3 Global Hydraulic Hose Market Forecast (2023-2028)
8.4 Global Hydraulic Hose Market by Product
8.4.1 Reinforced
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Corrugated
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Coiled
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Others
8.5 Global Hydraulic Hose Market by Application
8.5.1 Agriculture
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Construction
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Material Handling
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global Hydraulic Hose Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Hydraulic Hose Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Hydraulic Hose Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Hydraulic Hose Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Hydraulic Hose Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Hydraulic Hose Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Parker-Hannifin Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Eaton Corporation plc
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Bridgestone Corporation
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 RYCO Hydraulics Pty Ltd
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 ContiTech AG
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Hydraulic Hose Market: Key Industry Highlights, 2018 and 2028
2. Global Hydraulic Hose Historical Market: Breakup by Product (USD Billion), 2018-2022
3. Global Hydraulic Hose Market Forecast: Breakup by Product (USD Billion), 2023-2028
4. Global Hydraulic Hose Historical Market: Breakup by Application (USD Billion), 2018-2022
5. Global Hydraulic Hose Market Forecast: Breakup by Application (USD Billion), 2023-2028
6. Global Hydraulic Hose Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Hydraulic Hose Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Hydraulic Hose Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Hydraulic Hose Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Hydraulic Hose Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Hydraulic Hose Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Hydraulic Hose Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Hydraulic Hose Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Hydraulic Hose Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Hydraulic Hose Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Hydraulic Hose Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Hydraulic Hose Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global Hydraulic Hose Market Structure
Key Questions Answered in the Report
In 2020, the global hydraulic hose market attained a value of nearly USD 1.98 billion.
The market is projected to grow at a CAGR of 4.35% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 2.56 billion by 2026.
The major drivers of the market includes industrialisation, rise in agriculture activities, growing construction industry, rise in demand for material handling equipment, increase in demand for innovative agricultural equipment, and technological developments in core construction and infrastructure industries.
The increasing demand for end use industries and the growth in demand for energy-efficient green buildings are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on product, the market is categorised into reinforced, corrugated, and coiled, among others.
The significant applications of the market includes agriculture, construction, and material handling, among others.
The major players in the industry are Parker-Hannifin Corporation, Eaton Corporation plc, Bridgestone Corporation, RYCO Hydraulics Pty Ltd, and ContiTech AG, among others.
Analyst Review
The global hydraulic hose market reached a value of about USD 1.98 billion in 2020, driven by the technological developments in core construction and infrastructure industries. The industry is further expected to grow at a CAGR of about 4.35% in the forecast period of 2023-2028 to reach a value of around USD 2.56 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the market is categorised into reinforced, corrugated, and coiled, among others. The significant applications of the product includes agriculture, construction, and material handling, among others. The major regional markets for hydraulic hose are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are Parker-Hannifin Corporation, Eaton Corporation plc, Bridgestone Corporation, RYCO Hydraulics Pty Ltd, and ContiTech AG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2799-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER