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Industrial Hose Market

Global Industrial Hose Market Size, Share, Growth, Forecast: By Material: Synthetic Rubber, Polyvinyl Chloride (PVC), Natural Rubber, Silicone, Polyurethane; By Media: Air and Gas, Oil, Water and Steam, Chemical, Food and Beverage; By Industry: Automotive, Chemicals and Pharmaceuticals, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Industrial Hose Market Outlook

The global industrial hose market size was valued at USD 13.48 billion in 2023. The market is further projected to grow at a CAGR of 3.9% between 2024 and 2032, reaching a value of USD 18.96 billion by 2032.

 

Key Takeaways

Industry/Region Information Year Value
Global Car Manufacturing Market - 2021 USD 2.86 trillion
Construction Industry Largest Consumer of PVC 2021 -
Odisha, India Leading Mineral Producing State 2022 40% of domestic mineral production
China Largest Silicon Producer 2022 6 million metric tons
Russia Second Largest Silicon Producer 2022 6,40,000 metric tons
United States Silicon Content Production 2022 3,10,000 metric tons
World Proved Crude Oil Reserves 2022 1.56 trillion barrels

 

Industrial hoses are flexible and reinforced vessels used to transfer fluids from one location to another. These hoses are designed for specific applications such as handling air, water, food products, beverages, cement, dry materials, chemicals, and fuel, among others.

 

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 chemicals and abrasion and can resist extreme temperatures and pressure.

 

The industrial hose market development is further driven due to rising demand for hoses in critical applications and growing infrastructure activities across the globe. As per industrial report, the growing demand for automobiles and the modernisation of farming procedures are anticipated to provide enormous growth possibilities for the market’s growth.

 

Industrial Hose Market

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Key Trends and Developments

Adoption of smart hoses with sensors, rising demand for industrial hoses in several industries, and growing environmental concerns are driving the market growth

 

Date Company Event
December 2023 Parker Hannifin Corporation Appointed as the Official Control Systems Partner to American Magic for the 2024 America's Cup to provide aerospace and industrial technologies for controlling of the yacht's lifting surfaces.
August 2023 Eaton Announced a significant investment of more than USD 500 million in its North American manufacturing and operations.
August 2023 Gates Industrial Corporation plc Participated in the 2023 RBC Capital Markets Global Industrials Conference in Las Vegas, Nevada to showcase its innovative and highly engineered solutions to a global audience.
July 2021 NORRES Schlauchtechnik GmbH Acquired Baggerman Group, a manufacturer and distributor of industrial hoses, couplings, and accessories.

 

 

Trends Impact
Rising demand for industrial hoses in oil and gas, chemical, and pharmaceutical industries Increases the industrial hose market size and growth potential, as these sectors require high-quality and durable hoses for various applications
Increasing adoption of smart hoses with sensors and IoT capabilities Enhances the efficiency and safety of hose operations, reduces maintenance costs, and creates new opportunities for innovation and differentiation
Stringent regulations and standards for industrial hose quality and performance Improves the customer trust and satisfaction and results in industrial hose market expansion
Growing environmental concerns and sustainability initiatives Encourages the development and use of eco-friendly and recyclable hose materials, as well as the adoption of energy-efficient hose systems

 

Global Industrial Hose Market Trends

In the food and beverage industry, there is a growing demand for industrial hose that can withstand high temperatures, pressures, and abrasion, as well as resist contamination and corrosion from food products and cleaning agents.

 

This demand for industrial hose in global market is driven by the increasing need for automation and efficiency in food production, storage, and distribution, along with the growing awareness and regulations regarding food safety and quality. To meet these requirements, manufacturers offer food-grade hoses made of materials such as rubber, silicone, PVC, polyurethane, and stainless steel, with smooth inner surfaces, non-toxic linings, and resistant covers.

 

This industrial hose market is further fueled by the increasing demand for processed and packaged food products, especially in emerging markets, where urbanisation, income growth, and changing lifestyles are boosting the consumption of convenience foods, ready meals, snacks, beverages, and dairy products.

 

Industrial Hose Market By Segments

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Market Segmentation

Global Industrial Hose Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

 

Market Breakup Categories
Material Synthetic Rubber, Polyvinyl Chloride (PVC), Natural Rubber, Silicone, Polyurethane
Media Air and Gas, Oil, Water and Steam, Chemical, Food and Beverage
Industry Automotive, Chemicals and Pharmaceuticals, Infrastructure, Oil and Gas, Food and Beverages, Water and Wastewater, Mining, Agriculture, Others
Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa

 

PVC hoses are expected to hold significant market share as they are less expensive

According to industrial hose market analysis, polyvinyl chloride (PVC) industrial hoses are gaining market share due to its resistance to a wide range of chemicals, and low cost, which makes it the obvious choice for use as an industrial hose in agriculture, water supply, and construction sectors. Additionally, PVC is a thermoplastic polymer that is lighter and less expensive than rubber, and it contains less petroleum than most other polymers, which contributes to its widespread growth.

 

Hoses made of polyurethane fabric are anticipated to retain a significant industrial hose market share over the forecast period as they offer durability, flexibility, and resistance to abrasion, making them suitable for various industrial applications.

 

Silicone industrial hose material is also utilised due to their heat resistance, making them suitable for applications in the food, dairy, beverage, biotech, pharmaceutical, and medical industries. Silicone's chemical inertness makes it a preferred material for applications where it is crucial to prevent flavours, aromas, or toxins from transferring to the contents, such as in the food and pharmaceutical industries.

 

Mining industry occupies a leading share in the market due to the rising production of gold, copper, and other metals

The demand for industrial hose in the mining industry is driven as mining industry requires hoses that can withstand harsh conditions and transfer materials such as slurry, water, and chemicals. The growth of the mining industry, particularly in the production of metals such as gold, copper, and iron, is predicted to drive the demand for mining hoses. The construction industry, which relies heavily on industrial minerals, also contributes to the segment’s growth.

 

The demand for industrial hoses in the automotive industry is influenced by their use in applications such as fuel lines, coolant transfer, and air intake systems. The industrial hose market is expected to grow significantly due to the increasing demand for automobiles worldwide, which, in turn, drives the need for industrial hoses in the automotive sector.

 

Furthermore, the growth of the industrial hose in the chemicals industry is accelerating because chemical hoses are used in chemical processing, transfer, and loading/unloading of liquid chemicals, which is expected to accelerate industrial hose market value. Also, the use of food-grade hoses in the food and beverage industry for transferring food and beverages, such as milk, beer, and wine, is expected to increase market growth. Additionally, the use of hoses in the agriculture industry for irrigation, fertilisers, and pesticides is expected to further contribute to market expansion.

 

Industrial Hose Market By Region

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Competitive Landscape

Market players are engaged in acquisitions to enhance their product portfolio and global presence, further participating in international conferences to showcase their innovative technologies.

 

Company Year Founded Headquarters Product Portfolio
Eaton Corporation PLC 1911 Dublin, Ireland Help customers effectively manage mechanical, electrical, hydraulic, power more safely, reliably, efficiently, and sustainably.
Gates Industrial Corporation PLC 1911 Colorado, United States Manufacturer of innovative, highly engineered power transmission and fluid power solutions
Parker Hannifin Corporation 1917 Ohio, United States Provides motion and control technologies which are used in aerospace, filtration, climate control, electromechanical, pneumatics, fluid and gas handling, hydraulics, process control, sealing, and shielding
Transfer Oil S.p.A 1979 Rovigo, Italy Manufactures thermoplastic hoses for hydraulic and pneumatic applications

 

Other key players analysed in industrial hose market include Kurt Manufacturing, Piranha Hose Products, Inc., NORRES Schlauchtechnik GmbH, Colex International Ltd., Kuriyama Holdings Corporation, ALMAPlast S.r.l., Griflex Limited, REHAU Industries SE & Co. KG, Danfoss A/S, RR Italia SPA., and Alfaflex NV, among others.

 

Global Industrial Hose Market Analysis by Region

Asia Pacific is one of the prominent regions due to the increased infrastructure activities in the region

The Asia Pacific region is anticipated to hold a significant share in the industrial hose market landscape due to the growing automotive and agriculture industry and increased infrastructure activities in the region, with major demand from countries like China and India.

 

North America and European region are emerging markets for industrial hoses, and manufacturers in the chemical, oil and gas, and automotive industries are expanding into these regions, which is likely to propel the hose industry. In addition, industrial hose market in North America is driven by the increasing demand from industries such as chemicals and manufacturing, while the industrial hose market in Europe is driven by the growing demand for PVC hoses from industries such as food, pharmaceuticals, and chemicals. The strict regulatory framework and high environmental standards in these regions are also influencing the hose market.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Material
  • Media
  • Industry
  • Region
Breakup by Material
  • Synthetic Rubber
  • Polyvinyl Chloride (PVC)
  • Natural Rubber
  • Silicone
  • Polyurethane
Breakup by Media
  • Air and Gas
  • Oil
  • Water and Steam
  • Chemical
  • Food and Beverage
Breakup by Industry
  • Automotive
  • Chemical and Pharmaceuticals
  • Infrastructure
  • Oil and Gas
  • Food and Beverages
  • Water and Wastewater
  • Mining
  • Agriculture
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Eaton Corporation plc
  • Gates Industrial Corporation plc
  • Parker-Hannifin Corporation
  • Transfer Oil S.p.A
  • Kurt Manufacturing Company
  • Piranha Hose Products, Inc
  • NORRES Schlauchtechnik GmbH
  • Colex International Ltd.
  • Kuriyama Holdings Corporation
  • ALMAPlast S.r.l.
  • Griflex Limited
  • REHAU Industries SE & Co. KG
  • Danfoss A/S
  • RR Italia SPA. 
  • Alfaflex NV 
  • 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.

 

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Industrial Hose Market Report Snapshots

Industrial Hose Market Size

Industrial Hose Market Trends

Industrial Hose Companies

Industrial Hose Market Regional Analysis

 

*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    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Industrial Hose Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Industrial Hose Historical Market (2018-2023) 
    8.3    Global Industrial Hose Market Forecast (2024-2032)
    8.4    Global Industrial Hose Market by Material
        8.4.1    Synthetic Rubber
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Polyvinyl Chloride (PVC)
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Natural Rubber
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Silicone
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Polyurethane
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
    8.5    Global Industrial Hose Market by Media
        8.5.1    Air and Gas
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Oil
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Water and Steam
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Chemical
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Food and Beverage
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
    8.6    Global Industrial Hose Market by Industry
        8.6.1    Automotive
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Chemicals and Pharmaceuticals
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Infrastructure
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Oil and Gas
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Food and Beverages
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Water and Wastewater
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Mining
            8.6.7.1    Historical Trend (2018-2023)
            8.6.7.2    Forecast Trend (2024-2032)
        8.6.8    Agriculture
            8.6.8.1    Historical Trend (2018-2023)
            8.6.8.2    Forecast Trend (2024-2032)
        8.6.9    Others    
    8.7    Global Industrial Hose Market by Region
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Industrial Hose Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Industrial Hose Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Industrial Hose Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Industrial Hose Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Industrial Hose Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    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    Trade  Data Analysis (HS Code - 4009)

    16.1    Major Importing Countries
        16.1.1    By Volume
        16.1.2    By Value
    16.2    Major Exporting Countries
        16.2.1    By Volume
        16.2.2    By Value
17    Cost Analysis
18    Competitive Landscape

    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Eaton Corporation plc
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Gates Industrial Corporation plc 
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Parker-Hannifin Corporation 
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Transfer Oil S.p.A. 
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Kurt Manufacturing Company 
            18.2.5.1    Company Overview
            18.2.5.2    Product Portfolio
            18.2.5.3    Demographic Reach and Achievements
            18.2.5.4    Certifications
        18.2.6    Piranha Hose Products, Inc. 
            18.2.6.1    Company Overview
            18.2.6.2    Product Portfolio
            18.2.6.3    Demographic Reach and Achievements
            18.2.6.4    Certifications
        18.2.7    NORRES Schlauchtechnik GmbH 
            18.2.7.1    Company Overview
            18.2.7.2    Product Portfolio
            18.2.7.3    Demographic Reach and Achievements
            18.2.7.4    Certifications
        18.2.8    Colex International Ltd. 
            18.2.8.1    Company Overview
            18.2.8.2    Product Portfolio
            18.2.8.3    Demographic Reach and Achievements
            18.2.8.4    Certifications
        18.2.9    Kuriyama Holdings Corporation
            18.2.9.1    Company Overview
            18.2.9.2    Product Portfolio
            18.2.9.3    Demographic Reach and Achievements
            18.2.9.4    Certifications
        18.2.10    ALMAPlast S.r.l.
            18.2.10.1    Company Overview
            18.2.10.2    Product Portfolio
            18.2.10.3    Demographic Reach and Achievements
            18.2.10.4    Certifications
        18.2.11    Griflex Limited
            18.2.11.1    Company Overview
            18.2.11.2    Product Portfolio
            18.2.11.3    Demographic Reach and Achievements
            18.2.11.4    Certifications
        18.2.12    REHAU Industries SE & Co. KG
            18.2.12.1    Company Overview
            18.2.12.2    Product Portfolio
            18.2.12.3    Demographic Reach and Achievements
            18.2.12.4    Certifications
        18.2.13    Danfoss A/S
            18.2.13.1    Company Overview
            18.2.13.2    Product Portfolio
            18.2.13.3    Demographic Reach and Achievements
            18.2.13.4    Certifications
        18.2.14    RR Italia SPA. 
            18.2.14.1    Company Overview
            18.2.14.2    Product Portfolio
            18.2.14.3    Demographic Reach and Achievements
            18.2.14.4    Certifications
        18.2.15    Alfaflex NV 
            18.2.15.1    Company Overview
            18.2.15.2    Product Portfolio
            18.2.15.3    Demographic Reach and Achievements
            18.2.15.4    Certifications
        18.2.16    Others
19    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Industrial Hose Market: Key Industry Highlights, 2018 and 2032
2.    Global Industrial Hose Historical Market: Breakup by Material (USD Million), 2018-2023
3.    Global Industrial Hose Market Forecast: Breakup by Material (USD Million), 2024-2032
4.    Global Industrial Hose Historical Market: Breakup by Media (USD Million), 2018-2023
5.    Global Industrial Hose Market Forecast: Breakup by Media (USD Million), 2024-2032
6.    Global Industrial Hose Historical Market: Breakup by Industry (USD Million), 2018-2023
7.    Global Industrial Hose Market Forecast: Breakup by Industry (USD Million), 2024-2032
8.    Global Industrial Hose Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Industrial Hose Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Industrial Hose Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Industrial Hose Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Industrial Hose Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Industrial Hose Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Industrial Hose Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Industrial Hose Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Industrial Hose Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Industrial Hose Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Industrial Hose Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Industrial Hose Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Major Exporting Countries by Value
21.    Major Importing Countries by Value
22.    Major Exporting Countries by Volume
23.    Major Importing Countries by Volume
24.    Global Industrial Hose Market Structure

Key Questions Answered in the Report

In 2023, the global industrial hose market attained a value of nearly USD 13.48 billion.

The market is projected to grow at a CAGR of 3.9% during the forecast period of 2024-2032.          

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 18.96 billion by 2032.

The market growth is driven by the rising usage of hoses in chemical industry to transport chemical media, increased demand in critical applications, growing trends related to infrastructure activities, and rising infrastructural trends.

The growing global demand for automobiles and the increasing modernisation of farming methods acts as a key trend for the market.

The major regions in the market include North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific, with the Asia Pacific expected to occupy a substantial share of the market.

The material types in the market include synthetic rubber, polyvinyl chloride (PVC), natural rubber, silicone, and polyurethane.

The various segments according to media are air and gas, oil, water and steam, chemical, food and beverage.

Automotive, chemical and pharmaceuticals, infrastructure, oil and gas, food and beverages, water and wastewater, mining, and agriculture, among others are the various segments on the basis of industries.

The major players in the market are 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., Kuriyama Holdings Corporation, ALMAPlast S.r.l., Griflex Limited, REHAU Industries SE & Co. KG, Danfoss A/S, RR Italia SPA., and Alfaflex NV, among others

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