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Industrial Hose Market

Industrial Hose Market By Raw Material (Polyurethane, PVC, Rubber, Silicone, Others), By End-Use Vertical (Construction & Mining, Agriculture, Industrial Manufacturing, Automotive, Chemicals & Oil & Gas, Food & Beverage, Others) – Growth, Share, Opportunities & Competitive Analysis, 2018 – 2026
Report Book

Published Date: July 2019
Category: Industrial Goods
Report ID:59241
Report Format: PDF
No of Pages: 120

Rating: Credence Reports

Market Excerpt

The global industrial hose market was worth US$ 10.75 billion in 2017 and is expected to grow at a CAGR of 4.8% from 2018 to 2026. The booming construction and real estate industries due to economic stability are one of the prominent factors driving demand for industrial hoses worldwide. A gradual shift from traditional farming practices to mechanized farming will also have a positive impact on the overall demand for industrial hoses worldwide. To promote mechanized farming, governments across the globe are offering incentives and flexible credit policies for the purchase of automated farming equipment. In the current market scenario, the global industrial hose industry is marred by a lack of product differentiation, which has resulted in price wars among manufacturers and, as a result, slow market value growth.

Market Synopsis

Polyurethane hoses to register maximum adoption

The selection of the right raw material for manufacturing hoses used for varied applications is crucial. Common parameters taken into account while selecting a raw material for manufacturing hose include its compatibility with chemicals, weight, resistance to abrasion, and pressure rating, among others. Hoses made from polyurethane are presumed to witness strong adoption during the forecast period on the back of their superior characteristics in terms of tear and abrasion resistance, flexibility, tensile strength, weight, etc. In addition, the excellent resistance offered to petroleum-based products such as gasoline, kerosene, and oil makes polyurethane hoses ideal for applications in various industry verticals, including oil and gas, mining, chemicals, and agriculture. In view of this positive outlook, a large number of established manufacturers have begun offering industrial hoses made from polyurethane.

Asia Pacific to Remain an Engine of Growth Throughout the Forecast Period

In 2017, Asia Pacific was the largest industrial hose market worldwide. The value contribution from Asia Pacific stood at 41.5% in the same year. China, India, and Japan represent major industrial hose markets, collectively accounting for over 70% of the market value in Asia Pacific. The positive outlook of the construction and industrial sectors bodes well for market growth in the region. China is one of the largest construction equipment manufacturers in the world. According to the China Construction Machinery Association, Chinese construction equipment sales will exceed US$ 87.0 billion in 2018. Chinese construction equipment exports will also increase significantly, reaching US$ 20.0 billion in 2018 from US$ 14.6 billion in 2017. Similarly, with the increasing modernization of agricultural practices, demand for large, advanced agricultural machinery is on the rise. All these developments augur well for the futuristic market’s growth. While developed markets such as North America and Europe witnessed sluggish growth during the first half of this decade, industrial output will surge in the coming years, with markets showing economic stability. The replacement of aging industrial hoses with advanced hoses having better characteristics will also keep market demand afloat in developed economies.

Farm mechanization and a resurgence in the automotive and manufacturing sectors are driving market demand.

Based on end-use, the global industrial hose market is classified into construction & mining, agriculture, automotive, industrial manufacturing, oil & gas, food & beverage, and others (pharmaceuticals, utilities, etc.). Because hoses are essential components of industrial equipment, their growth corresponds to increases in industrial output and, as a result, demand for heavy machinery. A resurgence in industrial production, agricultural process automation, and strong demand for automobiles worldwide will aid the demand for industrial hoses. In addition, the influx of population in urban areas, especially in emerging economies, has increased construction activities in the region. For instance, with the Indian population estimated to grow by a staggering 150 million by 2030, the construction market in India will grow almost twice as fast as China, becoming the third largest construction market by 2021 and driving demand for industrial hoses.

Key companies profiled in the research study include Gates Corporation (the U.S.), Eaton Corporation Plc (the U.K.), Parker Hannifin Corporation, RYCO Hydraulics Pty Ltd. (Australia), Piranha Hose Products, Inc. (the U.S.), Polyhose India Pvt. Ltd. (India), Dyna Flex, Inc. (the U.S.), Kurt Manufacturing Co., Inc. (the U.S.), MAC Tubi S.p.A. (Italy), and ZEC S.p. (ZEC S.

Periods of History and Forecast

2016 : Historic year.

2017: Base Year

2018–2026: Forecast Period

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2016 to 2026, considering 2017 as the base year for the research. The CAGR (compound annual growth rate) for each segment and sub-segment is calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

Key segments covered in the report are as follows:

Material Segment (US$ BN; 2016-2026)

  • Polyurethane
  • Rubber
  • PVC
  • Silicone
  • Others

Vertical End-Use Segment (2016-2026; US$ BN)

  • Construction and Mining
  • Agriculture
  • Industrial Manufacturing
  • Automotive
  • Chemical and Oil & Gas
  • Food & Beverage
  • Others (pharmaceuticals, utilities, etc.)

Geography (2016-2026; USD Billion)

  • North America
    • United States
    • rest of North America
  • Europe
    • United Kingdom
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific (APAC)
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • Middle East and Africa (MEA)
    • Latin America

1. Preface
1.1. Report Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global Industrial Hose Market Snapshot
2.2. Global Industrial Hose Market by Raw Material, 2017
2.3. Global Industrial Hose Market by End-use Vertical, 2017
2.4. Global Industrial Hose Market by Geography, 2017

3. Global Industrial Hose Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Impact Analysis of Drivers and Challenges
3.5. Competitive Landscape
3.5.1. Market Positioning of Leading Industrial Hose Vendors, 2017
3.5.2. Strategies Adopted by Leading Industrial Hose Vendors

4. Global Industrial Hose Market Size (US$ Bn), by Raw Material, 2016 – 2026
4.1. Overview
4.1.1. Industrial Hose Market Analysis by Raw Material, 2017 & 2026
4.2. Polyurethane
4.3. PVC
4.4. Rubber
4.5. Silicone
4.6. Others

5. Global Industrial Hose Market Size (US$ Bn), by End-use Vertical, 2016 – 2026
5.1. Overview
5.1.1. Industrial Hose Market Analysis by End-use Vertical, 2017 & 2026
5.2. Construction & Mining
5.3. Agriculture
5.4. Industrial Manufacturing
5.5. Automotive
5.6. Chemicals & Oil & Gas
5.7. Food & Beverage
5.8. Others (Pharmaceuticals, Utilities, etc.)

6. North America Industrial Hose Market Analysis, 2016 – 2026
6.1. Overview
6.2. North America Industrial Hose Market Size (US$ Bn), by Raw Material, 2016 – 2026
6.2.1. Polyurethane
6.2.2. PVC
6.2.3. Rubber
6.2.4. Silicone
6.2.5. Others
6.3. North America Industrial Hose Market Size (US$ Bn), by End-use Vertical, 2016 – 2026
6.3.1. Construction & Mining
6.3.2. Agriculture
6.3.3. Industrial Manufacturing
6.3.4. Automotive
6.3.5. Chemicals & Oil & Gas
6.3.6. Food & Beverage
6.3.7. Others (Pharmaceuticals, Utilities, etc.)
6.4. North America Industrial Hose Market Size (US$ Bn), by Country, 2016 – 2026
6.4.1. U.S.
6.4.1.1. U.S. Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
6.4.1.2. U.S. Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)
6.4.2. Rest of North America
6.4.2.1. Rest of North America Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
6.4.2.2. Rest of North America Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)

7. Europe Industrial Hose Market Analysis, 2016 – 2026
7.1. Overview
7.2. Europe Industrial Hose Market Size (US$ Bn), by Raw Material, 2016 – 2026
7.2.1. Polyurethane
7.2.2. PVC
7.2.3. Rubber
7.2.4. Silicone
7.2.5. Others
7.3. Europe Industrial Hose Market Size (US$ Bn), by End-use Vertical, 2016 – 2026
7.3.1. Construction & Mining
7.3.2. Agriculture
7.3.3. Industrial Manufacturing
7.3.4. Automotive
7.3.5. Chemicals & Oil & Gas
7.3.6. Food & Beverage
7.3.7. Others (Pharmaceuticals, Utilities, etc.)
7.4. Europe Industrial Hose Market Size (US$ Bn), by Country, 2016 – 2026
7.4.1. U.K.
7.4.1.1. U.K. Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
7.4.1.2. U.K. Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)
7.4.2. Germany
7.4.2.1. Germany Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
7.4.2.2. Germany Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)
7.4.3. France
7.4.3.1. France Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
7.4.3.2. France Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)
7.4.4. Rest of Europe
7.4.4.1. Rest of Europe Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
7.4.4.2. Rest of Europe. Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)

8. Asia Pacific Industrial Hose Market Analysis , 2016 – 2026
8.1. Overview
8.2. Asia Pacific Industrial Hose Market Size (US$ Bn), by Raw Material, 2016 – 2026
8.2.1. Polyurethane
8.2.2. PVC
8.2.3. Rubber
8.2.4. Silicone
8.2.5. Others
8.3. Asia Pacific Industrial Hose Market Size (US$ Bn), by End-use Vertical, 2016 – 2026
8.3.1. Construction & Mining
8.3.2. Agriculture
8.3.3. Industrial Manufacturing
8.3.4. Automotive
8.3.5. Chemicals & Oil & Gas
8.3.6. Food & Beverage
8.3.7. Others (Pharmaceuticals, Utilities, etc.)
8.4. Asia Pacific Industrial Hose Market Size (US$ Bn), by Country, 2016 – 2026
8.4.1. China
8.4.1.1. China Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
8.4.1.2. China Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)
8.4.2. India
8.4.2.1. I. India Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
8.4.2.2. India Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)
8.4.3. Japan
8.4.3.1. Japan Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
8.4.3.2. Japan Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)
8.4.4. Rest of Asia Pacific
8.4.4.1. Rest of Asia Pacific Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
8.4.4.2. Rest of Asia Pacific Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)

9. Rest of the World Industrial Hose Market Analysis , 2016 – 2026
9.1. Overview
9.2. Rest of the World Industrial Hose Market Size (US$ Bn), by Raw Material, 2016 – 2026
9.2.1. Polyurethane
9.2.2. PVC
9.2.3. Rubber
9.2.4. Silicone
9.2.5. Others
9.3. Rest of the World Industrial Hose Market Size (US$ Bn), by End-use Vertical, 2016 – 2026
9.3.1. Construction & Mining
9.3.2. Agriculture
9.3.3. Industrial Manufacturing
9.3.4. Automotive
9.3.5. Chemicals & Oil & Gas
9.3.6. Food & Beverage
9.3.7. Others (Pharmaceuticals, Utilities, etc.)
9.4. Rest of the World Industrial Hose Market Size (US$ Bn), by Region, 2016 – 2026
9.4.1. Latin America
9.4.1.1. Latin America Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
9.4.1.2. Latin America Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)
9.4.2. Middle East & Africa
9.4.2.1. Middle East & Africa Industrial Hose Market Size, by Raw Material, 2016 – 2026 (US$ Bn)
9.4.2.2. Middle East & Africa Industrial Hose Market Size, by End-use Vertical, 2016 – 2026 (US$ Bn)

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

List of Figures

FIG. 1 Global Industrial Hose: Market Segmentation
FIG. 2 Global Industrial Hose Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global Industrial Hose Market, by Raw Material, 2017 (US$ Bn)
FIG. 5 Global Industrial Hose Market, by End-use Vertical, 2017 (US$ Bn)
FIG. 6 Global Industrial Hose Market, by Geography, 2017 (US$ Bn)
FIG. 7 Global Industrial Hose Market Value and Growth, 2016 – 2026, (US$ Bn and % Y-o-Y)
FIG. 8 See-Saw Analysis : Global Industrial Hose Market
FIG. 9 Market Positioning of Leading Industrial Hose Manufacturers, 2017
FIG. 10 Global Industrial Hose Market Value Contribution, by Raw Material, 2017 & 2026 (Value %)
FIG. 11 Global Polyurethane Industrial Hose Market Value and Growth, 2016 – 2026, (US$ Bn)
FIG. 11 Global PVC Industrial Hose Market Value and Growth, 2016 – 2026, (US$ Bn)
FIG. 12 Global Rubber Industrial Hose Market Value and Growth, 2016 – 2026, (US$ Bn)
FIG. 13 Global Silicone Industrial Hose Market Value and Growth, 2016 – 2026, (US$ Bn)
FIG. 13 Global Other Raw Material-based Industrial Hose Market Value and Growth for, 2016 – 2026, (US$ Bn)
FIG. 14 Global Industrial Hose Market Value Contribution, by End-use Vertical, 2017 & 2026 (US$ Bn)
FIG. 15 Global Industrial Hose Market Value and Growth for Construction & Mining Vertical, 2016 – 2026, (US$ Bn)
FIG. 16 Global Industrial Hose Market Value and Growth for Agriculture Vertical, 2016 – 2026, (US$ Bn)
FIG. 17 Global Industrial Hose Market Value and Growth for Industrial Manufacturing Vertical, 2016 – 2026, (US$ Bn)
FIG. 18 Global Industrial Hose Market Value and Growth for Automotive Vertical, 2016 – 2026, (US$ Bn)
FIG. 19 Global Industrial Hose Market Value and Growth for Chemicals & Oil & Gas Vertical, 2016 – 2026, (US$ Bn)
FIG. 20 Global Industrial Hose Market Value and Growth for Food & Beverage Vertical, 2016 – 2026, (US$ Bn)
FIG. 21 Global Industrial Hose Market Value and Growth for Other Verticals, 2016 – 2026, (US$ Bn)
FIG. 22 North America Industrial Hose Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 23 Europe Industrial Hose Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 24 Asia Pacific Industrial Hose Market Value and Growth, 2016 – 2026, (US$ Bn) (Y-o-Y %)
FIG. 25 RoW Industrial Hose Market Value and Growth, 2016– 2026, (US$ Bn) (Y-o-Y %)

List of Tables

TABLE 1 Market Snapshot: Global Industrial Hose Market
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 6 North America Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 7 North America Industrial Hose Market Value, by Country, 2016 – 2026 (US$ Bn)
TABLE 8 U.S. Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 9 U.S. Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 10 Rest of North America Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 11 Rest of North America Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 12 Europe Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 13 Europe Industrial Hose Market Value, by End-use Vertical, 2015 – 2023 (US$ Bn)
TABLE 14 Europe Industrial Hose Market Value, by Country, 2016 – 2026 (US$ Bn)
TABLE 15 U.K. Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 16 U.K. Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 17 France Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 18 France Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 19 Germany Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 20 Germany Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 21 Rest of Europe Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 22 Rest of Europe Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 23 Asia Pacific Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 24 Asia Pacific Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 25 Asia Pacific Industrial Hose Market Value, by Country, 2016 – 2026 (US$ Bn)
TABLE 26 China Industrial Hose Market Value, by Raw Material, 2014- 2023 (US$ Bn)
TABLE 27 China Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 28 Japan Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 29 Japan Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 30 India Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 31 India Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 32 Rest of Asia Pacific Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 33 Rest of Asia Pacifc Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 34 Rest of World Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 35 Rest of World Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 36 Rest of World Industrial Hose Market Value, by Region, 2016 – 2026 (US$ Bn)
TABLE 37 Latin America Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 38 Latin America Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)
TABLE 39 Middle-East and Africa Industrial Hose Market Value, by Raw Material, 2016 – 2026 (US$ Bn)
TABLE 40 Middle-East and Africa Industrial Hose Market Value, by End-use Vertical, 2016 – 2026 (US$ Bn)

Frequently Asked Questions

What is the size of Industrial Hose Market?

The market for Industrial Hose is expected to reach US$ 10.75 Bn in 2026.

What is the Industrial Hose Market CAGR?

The Industrial Hose market is expected to see significant CAGR growth over the coming years,at 4.8%.

What is the Forecast period considered for Industrial Hose Market?

The report is forecasted from 2018-2026.

What is the base year considered for Industrial Hose Market?

The base year of this report is 2017.

Who are the major players in this Market?

Gates Corporation,Eaton Corporation Plc,Parker Hannifin Corporation,RYCO Hydraulics Pty Ltd.Piranha Hose Products, Inc. are some of the major players in the global market.

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