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Hydraulic Thermoplastic Hose And Couplings Market - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Published: Mar 2016 | Report Code: 57753-03-16

Flourishing construction industry post economic recession is one of the major factors driving the hydraulic thermoplastic hose and couplings market. Increased industrial and agricultural mechanization are also instrumental in boosting the market demand. Superior characteristics offered as compared to rubber equivalents make thermoplastic hoses a preferred choice for hydraulic applications. These factors are expected to contribute towards a compounded annual growth rate (CAGR) of 4.7% during the forecast period 2015 – 2022. However, issues such as lack of product differentiation and varying manufacturing standards pose moderate challenge to the market growth. The hydraulic thermoplastic hose and couplings market  is expected to expand at a CAGR of 4.7% from 2015 to 2022, reaching US$ 814.0 Mn by 2022.

Hydraulic Thermoplastic Hose and Couplings Market 

Purpose of the Report
The purpose of this strategic research study titled “Global Hydraulic Thermoplastic Hose and Couplings Market - Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global hydraulic hose and couplings industry.

Target Audience

  • Industry Investors
  • Hose Manufacturers
  • Couplings Manufacturers
  • Other Hydraulic Product Manufacturers
  • End-users

USP and Key Offerings
The report titled “Global Hydraulic Thermoplastic Hose and Couplings Market- Growth, Share, Opportunities, and Competitive Analysis, 2015 – 2022” offers strategic insights into the global hydraulic thermoplastic hose and couplings market along with the market size and estimates for the duration 2013 to 2022. The said research study covers in-depth analysis of multiple market segments based on applications, product types, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading hose and couplings manufacturers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and key developments.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the hydraulic  industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Value Chain Analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global hydraulic thermoplastic hose and couplings market, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

1. Preface
1.1. Report Scope and Description
1.2. Research Methodology

2. Executive Summary
2.1. Hydraulic Thermoplastic Hose and Couplings Market Industry Snapshot

3. Global Hydraulic Thermoplastic Hose and Couplings Market Analysis
3.1. Hydraulic Thermoplastic Hose and Couplings Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Market Drivers
3.3.2. Restraints
3.3.3. Opportunity Matrix
3.4. See-Saw Analysis
3.5. Attractive Investment Proposition
3.6. Market Positioning of Key Hydraulic Thermoplastic Hose and Couplings Manufacturers

4. Global Hydraulic Thermoplastic Hose and Couplings Market, By Application, 2013 – 2022, (US$ Mn)
4.1. Tornado Analysis
4.2. Agricultural Equipment
4.3. Construction Equipment
4.4. Industrial and Material Handling Equipment
4.5. Lubrication Lines
4.6. Power and Telephone Mobile Equipment
4.7. Other Applications

5. Global Hydraulic Thermoplastic Hose and Couplings Market, By Product Type, 2013 – 2022, (US$ Mn)
5.1. Tornado Analysis
5.2. Hydraulic Thermoplastic Hose
5.3. Hydraulic Couplings

6. North America Hydraulic Thermoplastic Hose and Couplings Market, 2013 – 2022 (US$ Mn)
6.1. Overview
6.2. North America Hydraulic Thermoplastic Hose and Couplings Market, By Application, 2013 – 2022 (US$ Mn)
6.2.1. Tornado Analysis
6.2.2. Agricultural Equipment
6.2.3. Construction Equipment
6.2.4. Industrial and Material Handling Equipment
6.2.5. Lubrication Lines
6.2.6. Power and Telephone Mobile Equipment
6.2.7. Other Applications
6.3. North America Hydraulic Thermoplastic Hose and Couplings Market, By Product Type, 2013 – 2022 (US$ Mn)
6.3.1. Tornado Analysis
6.3.2. Hydraulic Thermoplastic Hose
6.3.3. Hydraulic Couplings
6.4. North America Hydraulic Thermoplastic Hose and Couplings Market, By Country 2013 – 2022 (US$ Mn)
6.4.1. U.S.
6.4.2. Rest of North America

7. Europe Hydraulic Thermoplastic Hose and Couplings Market, 2013 – 2022 (US$ Mn)
7.1. Overview
7.2. Europe Hydraulic Thermoplastic Hose and Couplings Market, By Application, 2013 – 2022 (US$ Mn)
7.2.1. Tornado Analysis
7.2.2. Agricultural Equipment
7.2.3. Construction Equipment
7.2.4. Industrial and Material Handling Equipment
7.2.5. Lubrication Lines
7.2.6. Power and Telephone Mobile Equipment
7.2.7. Other Applications
7.3. Europe Hydraulic Thermoplastic Hose and Couplings Market, By Product Type, 2013 – 2022 (US$ Mn)
7.3.1. Tornado Analysis
7.3.2. Hydraulic Thermoplastic Hose
7.3.3. Hydraulic Couplings
7.4. Europe Hydraulic Thermoplastic Hose and Couplings Market, By Region 2013 – 2022 (US$ Mn)
7.4.1. EU7 (U.K., France Germany, Spain, Italy, Netherlands, Belgium)
7.4.2. CIS
7.4.3. Rest of Europe

8. Asia Pacific Hydraulic Thermoplastic Hose and Couplings Market, 2013 – 2022 (US$ Mn)
8.1. Overview
8.2. Asia Pacific Hydraulic Thermoplastic Hose and Couplings Market, By Application, 2013 – 2022 (US$ Mn)
8.2.1. Tornado Analysis
8.2.2. Agricultural Equipment
8.2.3. Construction Equipment
8.2.4. Industrial and Material Handling Equipment
8.2.5. Lubrication Lines
8.2.6. Power and Telephone Mobile Equipment
8.2.7. Other Applications
8.3. Asia Pacific Hydraulic Thermoplastic Hose and Couplings Market, By Product Type, 2013 – 2022 (US$ Mn)
8.3.1. Tornado Analysis
8.3.2. Hydraulic Thermoplastic Hose
8.3.3. Hydraulic Couplings
8.4. Asia Pacific Hydraulic Thermoplastic Hose and Couplings Market, By Country 2013 – 2022 (US$ Mn)
8.4.1. China
8.4.2. Japan
8.4.3. India Subcontinent
8.4.4. Rest of Asia Pacific

9. Rest of World Hydraulic Thermoplastic Hose and Couplings Market, 2013 – 2022 (US$ Mn)
9.1. Overview
9.2. Rest of World Hydraulic Thermoplastic Hose and Couplings Market, By Application, 2013 – 2022 (US$ Mn)
9.2.1. Tornado Analysis
9.2.2. Agricultural Equipment
9.2.3. Construction Equipment
9.2.4. Industrial and Material Handling Equipment
9.2.5. Lubrication Lines
9.2.6. Power and Telephone Mobile Equipment
9.2.7. Other Applications
9.3. Rest of World Hydraulic Thermoplastic Hose and Couplings Market, By Product Type, 2013 – 2022 (US$ Mn)
9.3.1. Tornado Analysis
9.3.2. Hydraulic Thermoplastic Hose
9.3.3. Hydraulic Couplings
9.4. Rest of World Hydraulic Thermoplastic Hose and Couplings Market, By Region 2013 – 2022 (US$ Mn)
9.4.1. Latin America
9.4.2. Middle East and Africa

10. Profiles
10.1. Gates Corporation
10.2. Parker Hannifin Corporation
10.3. Eaton Corporation
10.4. Transfer Oil S.p.A
10.5. Nitta Corporation
10.6. Polyhose India Pvt. Ltd.
10.7. RYCO Hydraulics Pty Ltd.
10.8. NRP Jones
10.9. Dyna Flex, Inc.
10.10. Kurt Manufacturing Co., Inc.
10.11. MAC Tubi S.p.A
10.12. ZEC S.p.A.
10.13. Piranha Hose Products, Inc.

Note:

  • The list of company profiles included in this ToC is tentative. Profiles of specific players, if required, shall be added to the report upon request

On the basis of product type, the hydraulic thermoplastic hose and couplings market is categorized into following verticals:

  • Hydraulic Thermoplastic Hose
  • Hydraulic Couplings

The contribution of these products to the global hydraulic thermoplastic hose and couplings market in 2014 and 2022 is as shown in the figure below

 

Hydraulic Thermoplastic Hose And Couplings Market

In terms of revenue, hydraulic thermoplastic hose was the largest product segment, accounting for over 80% of the global hydraulic thermoplastic hose and couplings market revenue in 2014. Hoses are integral components of hydraulic heavy machinery since they carry fluid required for transmitting the requisite force.  Over the forecast period, hydraulic thermoplastic hose are expected to remain the major product segment, majorly supported by the growth in the industrial production, agricultural process automation, and booming construction industry.

Although hydraulic thermoplastic hose is expected to remain the major product segment, hydraulic couplings are expected to witness comparatively higher growth during the forecast period 2015 – 2022.  Hydraulic couplings being more vulnerable to damage than any other component in the hydraulic assembly are expected to witness greater replacement demand than hydraulic thermoplastic hoses. Couplings play a crucial role in connecting two hoses. As such, vigilant selection and installation of couplings is necessary to curb maintenance expense and reduce machine downtime. In addition, superior benefits offered including light weight, easy installation and mounting, and better resistance to environmental conditions have made couplings the preferred connecting component over the traditional nut and bolt joints for hydraulic applications.

On the basis of application, the hydraulic thermoplastic hose and couplings market is categorized into following segments:

  • Construction Machinery/Equipment
  • Agricultural Machinery/Equipment
  • Industrial and Material Handling Equipment
  • Lubrication Lines
  • Power and Telephone Mobile Equipment
  • Other End-use Applications

The contribution of these applications to the global hydraulic thermoplastic hose and couplings market in 2014 and 2022 is as shown in the figure below

  Hydraulic Thermoplastic Hose and Couplings Market

Construction equipment/machinery including earth movers, excavators, loaders, and tractors make widespread use of hydraulic hoses to carry fluid necessary for transmitting force throughout the machinery. In 2014, construction equipment/machinery was the largest application segment in the hydraulic thermoplastic hose and couplings market, accounting for over one fourth of the global market revenue.

Swift recovery by the construction industry post economic recession in developed economies (North America and Europe) coupled with the infrastructural development in emerging economies is expected to drive demand for construction equipment, which, in turn is expected to support the demand for hydraulic thermoplastic hoses and hydraulic couplings. As such, construction equipment application segment is anticipated to exhibit maximum growth, outpacing all other application segments over the forecast period 2015 – 2022. On the other hand, industrial and material handling segment is all set to witness robust demand over the forecast period. The growth in industrial output is expected to boost the demand for industrial and material handling machinery across the globe.

On the basis of geography, the global hydraulic thermoplastic hose and couplings market is segmented into following regions and countries.

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • Indian Subcontinent
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The contribution of these regions (North America, Europe, Asia Pacific, and RoW) to the global hydraulic thermoplastic hose and couplings market in 2014 is as shown in the figure below

Hydraulic Thermoplastic Hose and Couplings Market 

In 2014, Asia Pacific was the largest hydraulic thermoplastic hose and couplings market in terms of both revenue and volume. China was the largest hydraulic thermoplastic hose and couplings market in the Asia Pacific followed by India and Japan. The dominance can be credited to the booming construction industry resulting in increased infrastructural development in the region. The demand for hydraulic products in the region can also be attributed to the growing demand for automation in agricultural operations. Developed markets including North America and Europe have witnessed stagnant growth in the recent years due to the economic recession. However, with markets showing economic stability, the construction industry in these regions is poised to regain its original growth levels, offering the necessary push to the market growth, especially in the first half of the forecast period.

A hydraulic thermoplastic hose is a flexible hollow tube structure made of thermoplastics and designed to transport fluids from one location to another within hydraulic machinery to transfer the requisite force. A hydraulic coupling is a connecting component used to join two hydraulic hoses together at ends for transferring power. Hydraulic thermoplastic hose and couplings find applications in construction equipment, agricultural equipment, industrial and material handling equipment, lubrication lines, and power and telephone mobile equipment among others.

Hose and fitting products have been around in the industry since 1800s. However, hydraulic hose with swaged or crimped style hose couplings surfaced only after the introduction of the hydraulic brake in late 1910s. Since then, hydraulic hose and couplings industry has evolved considerably. The table below represents the major historical events in the hydraulic hose and couplings industry.        

Major Historical Events in the Hydraulic Hose and Couplings Industry

Hydraulic Thermoplastic Hose and Couplings Market

Generally, a hydraulic hose is designed considering multiple parameters such as application and required performance. Similarly, selecting right raw material for manufacturing hoses for hydraulic applications is equally crucial. Common factors considered while choosing a raw material for hydraulic hose include compatibility with chemicals, resistance to abrasion, weight, and pressure rating among others. Rubber and Thermoplastic are the two predominantly used raw materials for hoses. Although the majority of hoses are made from rubber, the demand for thermoplastic hose is on a rise owing to following reasons mentioned in the table below. The following table represents the comparison between these two raw materials.

Comparison between Rubber and Thermoplastic Hoses

Hydraulic Thermoplastic Hose and Couplings Market

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