Global Industrial Hoses Market is Expected to Grow at a growth rate 5.7% in the Forecast Period of 2020 to 2027

Global Industrial Hoses Market is forecasted to grow at 5.7% with factors such as increasing demand for robust industrial hoses in critical applications.

Industrial hoses market has shown an exceptional penetration in countries such as China, U.S and Russia. Growing concern about the industrial safety and testing procedures is increasing the penetration in developed countries. In developing countries, rising buying capacity is creating opportunity for the global industrial hoses market.

Industrial Hoses Market Scenario

According to Data Bridge Market Research, the market for industrial hoses in Asia-Pacific region has the highest market share followed North America and Europe. Market leader is Gates Corporation which accounts an estimated market share of approximately 23.8% in Asia-Pacific. The company has gained outstanding sale through their industrial product.

  • In March 2019, Gates Corporation which is engaged in manufacturing fluid power and power transmission solutions launched their PRO series products; the new series includes ProXT hydraulic hose line and PRO series couplings. ProXT hydraulic hose can meet SAE 100R2/R16, ISO 11237 R16 and EN 857 2SC industry performance standards. The product launch helped the company to strengthen their product portfolio.

 Industrial Hoses Market,  Trends Impacting the Market

Now the question is which other regions Gates Corporation, PARKER HANNIFIN CORP and Eaton are targeting? Data Bridge Market Research has forecasted a large growth in Asia-Pacific industrial hoses market and the market leaders targeting China, India and South Korea to be their next revenue pockets for 2020.

The industrial hoses market is becoming more competitive every year with companies such as Gates Corporation, PARKER HANNIFIN CORP and Eaton as they are the market leaders for industrial hoses. The data bridge market research new reports highlight the major growth factors and opportunities in the industrial hoses market.

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Industrial Hoses Market Development in 2020

  • In February, NORRES Schlauchtechnik GmbH which is engaged in manufacturing, developing and distributing flexible hose system solutions globally acquired Jarl Elmgren AB, the Sweden based hose distributor. Jarl Elmgren AB offers exhaust hoses, vacuum hoses, dental tubing, and hoses for ventilation. This acquisition will help the company to increase its global presence and enhance its image in the market.

Scope of the Industrial Hoses Market

Industrial hoses market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, Taiwan, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East & Africa.

  • All country based analysis of industrial hoses market is further analyzed based on further segmentation. On the basis of type the market is segmented into hydraulic hoses, layflat hose, wras hose, oil resistant hose, corrugated hoses, stripwound, thermo-duct and others. On the basis of material type, the market is segmented into rubber, polyurethane, polyvinyl chloride, metal, thermoplastics, composite, silicone and others. On the basis of media, the market is segmented into oil, water and gas. On the basis of wire type, the market is segmented wire braided and spiral wire. On the basis of pressure, the market is segmented low pressure (less than 3000 psi), medium pressure (between 3000 to 6000) and high pressure (more than 6000) .On the basis of industry, the market is segmented oil and gas, water, agriculture, food and beverages, pharmaceuticals, automotive, mining and others.

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Key Pointers Covered in Industrial Hoses Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Market Trials in Different Regions
  • Market Requirements in Different Regions
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • Eaton 
  • RYCO Hydraulics
  • Kurt Manufacturing
  • NORRES Schlauchtechnik GmbH
  • Transfer Oil S.p.A.
  • ContiTech AG
  • Kanaflex Corporation Co.,ltd
  • Pacific Echo
  • Semperit AG Holding
  • KURIYAMA OF AMERICA, INC. (A Subsidiary of Kuriyama Holdings Corporation)
  • Titeflex (A Subsidiary of Smiths Group Plc)
  •  Trelleborg Group  (A subsidiary of Trelleborg AB)
  • Flexaust Inc.
  • Dixon Valve & Coupling Company, LLC
  • Titan Fittings
  •  Colex International Limited, UK
  • Gates Corporation
  • Salem-Republic Rubber Company

Above are the key players covered in the report, to know about more and exhaustive list of industrial hoses companies, contact us

Research Methodology: Global Industrial Hoses Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Product Managers, Smartphone Manufacturers, Camera Manufacturers
  • Supply Side: Service Providers, Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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