Global Industrial Hose Market: By Material: Natural Rubber, Nitrile Rubber, Polyvinyl Chloride (PVC), Silicone, Polyurethane; By Media: Chemical, Water, Oil, Hot Water and Steam, Air and Gas, Food and Beverage; By Industry: Automotive, Pharmaceuticals, Infrastructure, Oil & Gas, Food & Beverages, Chemicals, Water & Wastewater, Mining, Agriculture; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Key Players & Company Profile; Events and Developments

Global Industrial Hose Market Key Insights:

Market Outlook

The global industrial hose market is estimated to grow from USD 14.1 billion in 2019 to USD 19.7 billion by 2025, growing at a CAGR of 6% between 2020 and 2025. The primary driver for the industrial hose market growth is the increased use of hoses to carry chemical media in the chemical industry. Industrial hoses are used to suck and discharge chemicals as they are highly resistant to chemical and abrasion and can resist extreme temperatures and pressure.

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Properties and Applications 

Industrial hose is a broad category of industrial rubber hose. A rubber hose is a reference to the hose's exterior cover and not the material of the inner tube. The industrial hose market can be divided based on segments like material, industry, and media.

Based on material, the industry can be divided into natural rubber, nitrile rubber, polyvinyl chloride (PVC), silicone, and polyurethane. On the basis of industry, the market is broadly categorised into:

• Automotive
• Pharmaceuticals 
• Infrastructure
• Oil and Gas
• Food and Beverages
• Chemicals
• Water and Wastewater
• Mining
• Agriculture
• Others

 Further, based on media, the industry is divided into chemical, water, oil, hot water and steam, air and gas, and food and beverage.

The EMR report looks into the regional industrial hose markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.

Market Analysis

The global industrial hose market is driven by its rising demand in critical applications and growing trends related to infrastructure activities. The growing global demand for automobiles and the growing modernisation of farming procedures are anticipated to provide enormous growth possibilities for the industry growth. Hoses made of polyurethane fabric are anticipated to retain a significant share over the forecast period in the global industrial hose market. The Asia Pacific region is anticipated to hold a significant share in the industry over the forecast period owing to the growing automotive and agriculture industry and increased infrastructure activities in the region, with major demand from countries like China and India.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global industrial hose market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• Eaton Corporation PLC
• Gates Industrial Corporation PLC
• Parker Hannifin Corporation
• Transfer Oil S.p.A.
• Kurt Manufacturing
• Piranha Hose Products, Inc.
• NORRES Schlauchtechnik GmbH
• Colex International Ltd.
• Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Questions Answered in the Market Report:

• How has the global industrial hose market performed in the previous years (2015-2019)?
• What is the forecast assessment of the market for 2020-2025?
• What are the major drivers for the historical (2015-2019) and forecast (2020-2025) periods?
• What are the major constraints for the historical (2015-2019) and forecast (2020-2025) periods?
• What are the major demand indicators of the global market?
• What is the degree of competition in the global market?
• What are the major events and developments taking place within the industry globally?

Introduction

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Our approach gives our clients a comprehensive assessment of the prevailing and projected industry conditions through the collection, collation, and analysis of data from trusted sources.

Price Assessment

We assess the historical, prevailing, and expected prices of commodities and raw materials by analysing our assiduously collected data from verified primary and secondary sources. Our assessments reflect the market values of related commodities within a region to help our consumers understand the interdependencies and formulate profitable industry strategies. Our price assessments cover both the average global prices along with the prevailing regional prices.

Market Assessment

Our market assessments determine the global and regional production and consumption of the product, according to their value and volume. We identify the key growth drivers, opportunities, and restraints that might promote or hinder the future industry growth along with an expansive overview of the competitive landscape to help our clients make informed strategic decisions. We also take into account the demographic, economic, cultural, and political factors that might influence the market.

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As a part of our primary research, we interact with highly placed industrial professionals possessing an expansive and meticulous insight into the market. We conduct our interviews via mails, telephonic conversations, and one-on-one meetings. Thus, our exhaustive interviews with both buyers and consumers help us provide our clients with verified intelligence regarding the market size, share, drivers, prices, and forecast along with a detailed assessment of your supply chain.

Secondary Research

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Exigent Data Assessment

Our qualitative and quantitative assessments are time-sensitive, reflecting the most recent value and volume of the market across regions. By constantly updating our databases and reports to reflect the changes taking place in the industry, our market and price assessments accurately reflect the prevailing industry conditions.

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