Report Code: A09696 | Pages: NA | Mar 2023 | 1682 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Industrial Hose Market
Request Now !A hose is a flexible hollow tube designed to carry fluids from one location to another. The shape of a hose is usually cylindrical having a circular cross section. Hose design is based on a combination of application and performance. Common factors considered for hose design are size, pressure rating, weight, length, and chemical compatibility. Applications mostly use nylon, polyurethane, polyethylene, PVC, or synthetic or natural rubbers, based on the environment and pressure rating needed. Other hose materials include Teflon, stainless steel and other metals. Industrial hoses refer to pipes and tubes that are used for supplying chemicals, water, and other fluid substances.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD Million) |
Segments covered | Product type, Process, End use. |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK and France), Asia-Pacific (China, Japan and India), LAMEA (Latin America, Middle East, and Africa) |
Companies covered | The key players in the industrial hose market include Gates, Eaton, Parker Hannifin, RYCO Hydraulics, Transfer Oil S.p.A., Kurt Manufacturing, Piranha Hose Products, NORRES, and Colex International. |
COVID-19 scenario analysis:
The industrial hose market is driven by increasing demand for robust industrial hoses in critical applications, and growing infrastructure-related developments. Growing demand for automobiles worldwide and increasing modernization of agriculture processes are expected to provide huge growth opportunities to players in the market. Hoses that are used for carrying different chemicals are very important for the growth of the global industrial hose market. Hoses made of polyurethane material are very popular as they can be designed to be either rigid or flexible and are used for various end-user applications. Hoses used for carrying chemical media should possess high chemical and abrasion resistance, and the capability to withstand extreme pressures and temperatures. The automotive industry is also very important target market for the global industrial hose market. The oil and gas sector is also a very important target market for industrial hose industry. The need to water fields in the agricultural sector has played a vital role in the growth of the global industrial hose market. The most important restraining factor for the global industrial hoses market is the high concerns related to operations in which industrial hoses are employed making it difficult for interchangeability of hoses for different operations. The opportunity for growth of global industrial hose market comes from the global automotive sector.
In the automotive industry, wires, hoses, and metal pipes are used, each with a specific function to fulfill. Rising usage of hoses in automobile engines to carry fluids coupled with the increased need for optimal engine performance and enhanced fuel efficiency is driving the segment value. Moreover, rising sales of passenger cars due to high disposable income helps to gain momentum for the segment growth. Increasing sales of passenger cars due to high disposable income and purchasing power of the individuals helps to drive the demand for the automotive industry. Also, turbochargers are rapidly gaining demand and popularity due to their benefits, such as improved engine performance and enhanced fuel efficiency in terms of power and output among others. Hence, the automotive industry is creating a major demand for the market during the forecast period.
Hoses that are used in the chemical industry are used for suction and discharge of chemicals as they are designed for optimal performance during the pressure flow. These hoses require high chemical and abrasion resistivity for safe transfer of the chemical media. Polyurethane is a plastic material which can be tailored to be either rigid or flexible and is the material of choice for a broad range of end-user applications. They have exceptional resistance to gasoline, oil, kerosene, and other petroleum-based products, making them suitable for use in industries, such as oil & gas, chemicals, mining, food & beverages, and agriculture. Hoses that are used for carrying different chemicals are very important for the growth of the global industrial hose market.
Key segments covered:
Segments | Sub-segments |
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Media |
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Industry Verticals
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Key benefits of the report:
Industrial Hose Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
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By Material |
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By Media |
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By Industry Verticals |
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By Region |
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Key Market Players | Gates, Eaton, Parker Hannifin, RYCO Hydraulics, Transfer Oil S.p.A., Kurt Manufacturing, Piranha Hose Products, NORRES, Colex International. |
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