Industrial Hose Market - Forecasts from 2019 to 2024
The industrial hose market is estimated to witness a CAGR of 4.37% to reach US$9.277 billion in 2024 from US$7.176 billion in 2018. Industrial hose is widely used in the manufacturing and distribution sector for the purpose of moving the hazardous chemical, fluids, and air in different areas that aid in the overall functioning. The demand for the industrial hose is increasing on account of the growing investments in the end-user industries. The growing infrastructure industry is expected to drive the industrial hose market in the coming years. Increasing use of technology and modernization of the agricultural sector is also projected to boost the market. While rising demand for automobiles across the globe is anticipated to further widen up growth opportunities for the market.
The industrial hose market has been segmented on the basis of media type, material, industry vertical and geography. By media type, water is expected to hold a significant share owing to the rapid usage of hose for discharging and suction of water in various industries. By industry vertical, the automobile industry is projected to grow at a substantial rate on account of increasing demand for automobiles across the globe coupled with the growing application of hoses in vehicles.
Geographically, the Asia-Pacific region is anticipated to be a prominent region due to the increasing infrastructure industry coupled with rising of various industry verticals in countries like India and China which will boost the usage of hose, thus, propelling the industrial hose market during the forecast period.
DRIVERS
Segmentation
The industrial hose market has been analyzed through the following segments:
The industrial hose market has been segmented on the basis of media type, material, industry vertical and geography. By media type, water is expected to hold a significant share owing to the rapid usage of hose for discharging and suction of water in various industries. By industry vertical, the automobile industry is projected to grow at a substantial rate on account of increasing demand for automobiles across the globe coupled with the growing application of hoses in vehicles.
Geographically, the Asia-Pacific region is anticipated to be a prominent region due to the increasing infrastructure industry coupled with rising of various industry verticals in countries like India and China which will boost the usage of hose, thus, propelling the industrial hose market during the forecast period.
DRIVERS
- Rising demand for industrial hose in various end-use applications.
- Growing Infrastructure industry.
- High R&D costs.
Segmentation
The industrial hose market has been analyzed through the following segments:
- By Media Type
- Water
- Hot Water and Steam
- Chemical
- Oil
- Food and Beverage
- Air and Ventilation
- By Material
- Polyvinyl Chloride
- Polyurethane
- Natural Rubber
- Nitrile Rubber
- Silicone
- Others
- By Industry Vertical
- Agriculture
- Mining
- Automotive
- Food & Beverage
- Chemical
- Oil & Gas
- Others
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- United Kingdom
- Spain
- Others
- Middle East and Africa
- Saudi Arabia
- Israel
- Others
- Asia Pacific
- China
- Japan
- South Korea
- India
- Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. INDUSTRIAL HOSE MARKET BY MEDIA TYPE
5.1. Water
5.2. Hot Water and Steam
5.3. Chemical
5.4. Oil
5.5. Food and Beverage
5.6. Air and Ventilation
6. INDUSTRIAL HOSE MARKET BY MATERIAL
6.1. Polyvinyl Chloride
6.2. Polyurethane
6.3. Natural Rubber
6.4. Nitrile Rubber
6.5. Silicone
6.6. Others
7. INDUSTRIAL HOSE MARKET BY INDUSTRY VERTICAL
7.1. Agriculture
7.2. Mining
7.3. Automotive
7.4. Food & Beverage
7.5. Chemical
7.6. Oil & Gas
7.7. Others
8. INDUSTRIAL HOSE MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Eaton
10.2. Parker Hannifin Corporation
10.3. Kurt Manufacturing
10.4. Gates Corporation
10.5. Ryco Hydraulics
10.6. FlexFit Hose, LLC
10.7. Novaflex
10.8. Powerflex Industries
10.9. Semperit AG Holdings
10.10. Trelleborg AB
LIST OF FIGURES
LIST OF TABLES
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. INDUSTRIAL HOSE MARKET BY MEDIA TYPE
5.1. Water
5.2. Hot Water and Steam
5.3. Chemical
5.4. Oil
5.5. Food and Beverage
5.6. Air and Ventilation
6. INDUSTRIAL HOSE MARKET BY MATERIAL
6.1. Polyvinyl Chloride
6.2. Polyurethane
6.3. Natural Rubber
6.4. Nitrile Rubber
6.5. Silicone
6.6. Others
7. INDUSTRIAL HOSE MARKET BY INDUSTRY VERTICAL
7.1. Agriculture
7.2. Mining
7.3. Automotive
7.4. Food & Beverage
7.5. Chemical
7.6. Oil & Gas
7.7. Others
8. INDUSTRIAL HOSE MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. United Kingdom
8.3.4. Spain
8.3.5. Others
8.4. Middle East and Africa
8.4.1. Saudi Arabia
8.4.2. Israel
8.4.3. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. South Korea
8.5.4. India
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. Recent Investments and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Eaton
10.2. Parker Hannifin Corporation
10.3. Kurt Manufacturing
10.4. Gates Corporation
10.5. Ryco Hydraulics
10.6. FlexFit Hose, LLC
10.7. Novaflex
10.8. Powerflex Industries
10.9. Semperit AG Holdings
10.10. Trelleborg AB
LIST OF FIGURES
LIST OF TABLES