Europe Industrial Hoses Market, By Type (Hydraulic Hoses, Layflat Hose, Wras Hose, Oil Resistant Hose, Corrugated Hoses, Stripwound, Thermo-Duct, Others), Material Type (Rubber, Polyurethane, Polyvinyl Chloride, Metal, Thermoplastics, Composite, Silicone, Others), Media (Oil, Water, Gas), Wire Type (Wire Braided, Spiral Wire), Pressure (Low Pressure (Less Than 3000 Psi), Medium Pressure (Between 3000 To 6000), High Pressure (More Than 6000), Industry (Oil and Gas, Water, Agriculture, Food and Beverages, Pharmaceuticals, Automotive, Mining, Others) - Industry Trends and Forecast to 2029.
Market Analysis and Size
Industrial hose are being highly utilized owing to their characteristics, such as temperature resistance, long-lasting performance, extreme durability and flexibility. These tubes do not let the liquid freeze, a notable amount of energy can be saved, preserves the core pipe from excessive operating temperatures and a notable amount of energy can be saved.
Europe Industrial Hoses Market was valued at USD 2709.35 million in 2021 and is expected to reach USD 4522.61 million by 2029, registering a CAGR of 5.60% during the forecast period of 2022-2029. “Automotive” accounts for the largest application segment in the respective market owing to the increase in sales of vehicles due to high disposable income. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Industrial hoses are defined as a small pipeline or pipe that assists in energy conservation in end-use industries for transferring fluids from one location to another. These pipes are used to transport of several fluids from their source to machines. They are utilized in several other applications industrial applications, at commercially operated locations or by experts.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2019 - 2014)
Revenue in USD Million, Volumes in Units, Pricing in USD
Type (Hydraulic Hoses, Layflat Hose, Wras Hose, Oil Resistant Hose, Corrugated Hoses, Stripwound, Thermo-Duct, Others), Material Type (Rubber, Polyurethane, Polyvinyl Chloride, Metal, Thermoplastics, Composite, Silicone, Others), Media (Oil, Water, Gas), Wire Type (Wire Braided, Spiral Wire), Pressure (Low Pressure (Less Than 3000 Psi), Medium Pressure (Between 3000 To 6000), High Pressure (More Than 6000), Industry (Oil and Gas, Water, Agriculture, Food and Beverages, Pharmaceuticals, Automotive, Mining, Others)
Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe
Market Players Covered
Eaton (Ireland), PARKER HANNIFIN CORP (US), RYCO Hydraulics (Australia), Kurt Manufacturing (US), NORRES Schlauchtechnik GmbH (Germany), Transfer Oil S.p.A (Italy), ContiTech AG (Germany), Kanaflex Corporation Co.,ltd. (Japan), Pacific Echo (US), Colex International Limited, UK (UK), Gates Corporation (US), Semperit AG Holding (Austria), KURIYAMA OF AMERICA, INC. (US), Titeflex (US), Trelleborg Group (Sweden), Flexaust Inc. (US), Salem-Republic Rubber Company (US), PIRTEK (Australia), Dixon Valve & Coupling Company, LLC (US), and Titan Fittings (US), among others
Europe Industrial Hoses Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Infrastructural Developments
The increase in number of infrastructure-related developments is one of the major factors driving the growth of industrial hoses market. The rise in infrastructure-related projects escalating private participation in infrastructure (PPI) to invest more generate more demand for hoses.
- Use in Various Industrial Applications
The rise in demand for healthy industrial hoses in various applications accelerate the market growth. An industrial hose is widely used across wide range of industries for maximum transfer of fuel, chemicals, bulk materials, and air, among others.
- Agricultural Exercises
The surge in use of industrial hoses due to increased agricultural exercises for satisfying the growing demand for food further influence the market. Also, rise in focus on the efficiency levels of industrial hoses made from different materials among end users assist in expansion of the market.
Additionally, rapid urbanization, change in lifestyle, surge in investments and increased consumer spending positively impact the industrial hoses market.
Furthermore, rise in demand for automobiles among population extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, increase in modernization of agriculture processes will further expand the market.
On the other hand, shortage of technical expertise of industrial hoses and long lead-time are expected to obstruct market growth. Also, lack of product differentiation and short-term impact of COVID-19 on industrial applications are projected to challenge the industrial hoses market in the forecast period of 2022-2029.
This industrial hoses market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on industrial hoses market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Covid-19 Impact on Europe Industrial Hoses Market
The COVID-19 had a negative impact on the industrial hoses market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand industrial hoses market. The supply chain got hampered during the pandemic along with delay logistics activities. However, the industrial hoses market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.
- In September 2019, Semperit had launched a product semperit SUPREME as a multipurpose hose. This product is been widely utilize in various range of applications such as oil & fuel, hot water, light chemical and air. Thus, this product launch enhanced product portfolio for the company.
- In March 2019, Gates Corporation expanded their PRO series products. This new series of product 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. This result in strengthening the product portfolio for the company.
Europe Industrial Hoses Market Scope and Market Size
The industrial hoses market is segmented on the basis of type, material type, media, wire type, pressure and industry. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Hydraullic Hoses
- Layflat Hose
- Wras Hose
- Oil Resistant Hose
- Corrugated Hoses
- Polyvinyl Chloride
- Wire Braided
- Spiral Wire
- Low Pressure (Less Than 3000 Psi)
- Medium Pressure (Between 3000 to 6000)
- High Pressure (More Than 6000)
- Oil and Gas
- Food and Beverages
Europe Industrial Hoses Market Regional Analysis/Insights
The industrial hoses market is analyzed and market size insights and trends are provided by country, type, material type, media, wire type, pressure and industry as referenced above.
The countries covered in the industrial hoses market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and Rest of Europe in Europe.
Russia accounted largest market share due to the growing production oil refineries raising the demand for the high pressure pipe that has capability to transport fluid from one place to another even in the harsh environment.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Europe Industrial Hoses Market
The industrial hoses market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial hoses market.
Some of the major players operating in the industrial hoses market are
- Eaton (Ireland)
- PARKER HANNIFIN CORP (US)
- RYCO Hydraulics (Australia)
- Kurt Manufacturing (US)
- NORRES Schlauchtechnik GmbH (Germany)
- Transfer Oil S.p.A (Italy)
- ContiTech AG (Germany)
- Kanaflex Corporation Co.,ltd. (Japan)
- Pacific Echo (US)
- Colex International Limited, UK (UK)
- Gates Corporation (US)
- Semperit AG Holding (Austria)
- KURIYAMA OF AMERICA, INC. (US)
- Titeflex (US)
- Trelleborg Group (Sweden)
- Flexaust Inc. (US)
- Salem-Republic Rubber Company (US)
- PIRTEK (Australia)
- Dixon Valve & Coupling Company, LLC (US)
- Titan Fittings (US)