Reports
North America Industrial Hose Market Size, Forecast: By Material: Rubber, Polyvinyl Chloride (PVC), Silicone, Polyurethane, Others; By Media: Air and Gas, Chemical, Oil, Water and Steam, Food and Beverage, Others; By Industry: Agriculture, Automotive, Oil and Gas, Others; Regional Analysis; Competitive Landscape; 2024-2032
North America Industrial Hose Market Outlook
The North America industrial hose market reached a value of almost USD 2.64 billion in 2023. The market is expected to grow at a CAGR of 3.6% in the forecast period of 2024-2032 to reach USD 3.38 billion by 2032.
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Increasing Oil and Gas Applications to Propel the Growth of the Industry
Based on application, the oil and gas segment is expected to lead the industrial hose market in North America. The robust presence of oil and gas industry, especially in the United States, is expected to bolster the market growth in the coming years. The market will be further supported in the segment by the rapid growth in demand from the automotive and transportation sector.
The construction and mining segment is also anticipated to account for a significant share in the market in the forecast period. This can be attributed to the growing construction activities in the region, owing to the rising investments by major business players, growing population, and rising economy. Furthermore, the technological advancements in the chemical and pharmaceutical industry in United States of America is likely to propel the demand for industrial hose, which will further aid the market growth. Meanwhile, the automotive industry is estimated to occupy a significant share in the market, owing to the rising demand for automobiles, in which automotive hose is a vital component, which helps the vehicle cool down quickly, by eradicating excess of heat.
Industrial Hose: Market Segmentation
Industrial hose can be made of rubber, PVC, silicone, or other materials, which can withstand high or low pressures or temperatures and resistant to corrosion from chemical substances. The transfer rates of the industrial hose can be slow or fast, according to the requirement, and can transfer materials as simple as air and water or as complex as hazardous chemicals.
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Based on material, the market is divided into:
- Rubber
- Polyvinyl Chloride (PVC)
- Silicone
- Polyurethane
- Others
On the basis of media, the market can be segmented into:
- Air and Gas
- Chemical
- Oil
- Water and Steam
- Food and Beverage
On the basis of industry, the market can be divided into:
- Agriculture
- Automotive
- Oil and Gas
- Food and Beverages
- Chemical and Pharmaceuticals
- Water and Wastewater
- Construction and Mining
- Others
The regional markets for the product in North America include the United States of America and Canada.
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Rising Sales of Automobiles and Automotive Components to Boost the Growth of the North America Industrial Hose Industry
The industrial hose market in North America is driven by the rising sale of automobiles and the automotive components. Industrial hose is a crucial component, which enhances the fuel efficiency and bolsters the engine performance. The market is anticipated to be aided by the rising demand for electric vehicles in the region. Furthermore, the rising application of industrial hose in the construction and mining, oil and gas and chemicals, and pharmaceutical industries is likely to augment the market growth in the forecast period. The rapid modernisation of the agricultural sector in the region to lower labour costs and increase efficiency is further projected to propel the market growth.
Key Industry Players in the North America Industrial Hose Market
The report gives a detailed analysis of the following key players in the North America industrial hose market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Eaton Corporation
- Parker Hannifin Corporation
- Gates Industrial Corporation
- Kurt Manufacturing Company
- HBD Industries Inc.
- NovaFlex Group
- Kuriyama of America, Inc.
- Copper State Rubber, Inc
- 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.
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, Country |
| Breakup by Material | Rubber, Polyvinyl Chloride (PVC), Silicone, Polyurethane, Others |
| Breakup by Media | Air and Gas, Chemical, Oil, Water and Steam, Food and Beverage, Others |
| Breakup by Industry | Agriculture, Automotive, Oil and Gas, Food and Beverages, Chemical and Pharmaceuticals, Water and Wastewater, Construction and Mining, Others |
| Breakup by Country | United States of America, Canada |
| Market Dynamics | SWOT Analysis, Porter’s Five Forces Analysis, EMR’s Key Indicators for Demand and Price |
| Competitive Landscape | Market Structure, Company Profiles-Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Eaton Corporation, Parker Hannifin Corporation, Gates Industrial Corporation, Kurt Manufacturing Company, HBD Industries Inc., NovaFlex Group, Kuriyama of America Inc., Copper State Rubber Inc., 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 North America
7 Opportunities and Challenges in the Market
8 North America Industrial Hose Market Analysis
8.1 Key Industry Highlights
8.2 North America Industrial Hose Historical Market (2018-2023)
8.3 North America Industrial Hose Market Forecast (2024-2032)
8.4 North America Industrial Hose Market Breakup by Material
8.4.1 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 Silicone
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Polyurethane
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 North America Industrial Hose Market Breakup 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 Chemical
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Oil
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Water and Steam
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)
8.5.6 Others
8.6 North America Industrial Hose Market by Industry
8.6.1 Agriculture
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Automotive
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Oil and Gas
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Food and Beverages
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Chemical and Pharmaceuticals
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 Construction and Mining
8.6.7.1 Historical Trend (2018-2023)
8.6.7.2 Forecast Trend (2024-2032)
8.6.8 Others
8.7 North America Industrial Hose Market by Country
8.7.1 United States of America
8.7.2 Canada
9 Regional 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 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Eaton Corporation
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Parker Hannifin Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Gates Industrial Corporation
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Kurt Manufacturing Company
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 HBD Industries Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 NovaFlex Group
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Kuriyama of America, Inc.
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 Copper State Rubber, Inc
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Others
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Industrial Hose Market: Key Industry Highlights, 2018 and 2032
2. North America Industrial Hose Historical Market: Breakup by Material (USD Million), 2018-2023
3. North America Industrial Hose Market Forecast: Breakup by Material (USD Million), 2024-2032
4. North America Industrial Hose Historical Market: Breakup by Media (USD Million), 2018-2023
5. North America Industrial Hose Market Forecast: Breakup by Media (USD Million), 2024-2032
6. North America Industrial Hose Historical Market: Breakup by Industry (USD Million), 2018-2023
7. North America Industrial Hose Market Forecast: Breakup by Industry (USD Million), 2024-2032
8. North America Industrial Hose Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Industrial Hose Market Forecast: Breakup by Country (USD Million), 2024-2032
10. North America Industrial Hose Market Structure
Key Questions Answered in the Report
In 2023, the market attained a value of approximately USD 2.64 billion.
The market is projected to grow at a CAGR of 3.38% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 3.38 billion by 2032.
The major drivers of the market include the expansion of oil and gas industry, and the growing demand for durable industrial hoses that can withstand high temperature and pressure.
The key market trends include the rising PVC material consumption and the expanding infrastructural activities.
The major countries in the market are the United States and Canada.
The significant materials include rubber, polyvinyl chloride (PVC), silicone, and polyurethane, among others.
The various medias include air and gas, chemical, oil, water and steam, and food and beverage, among others.
The leading industries in the market include agriculture, automotive, oil and gas, food and beverages, chemical and pharmaceuticals, water and wastewater, and construction and mining, among others.
The key players in the North America industrial hose market are Eaton Corporation, Parker Hannifin Corporation, Gates Industrial Corporation, Kurt Manufacturing Company, HBD Industries Inc., NovaFlex Group, Kuriyama of America, Inc., and Copper State Rubber, Inc, among others.
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