The global market for industrial hose is projected to have considerable CAGR of around 8.4% during the forecast period. The major factors that propels the industrial hose market include growing demand of industrial hose in various industries such as oil & gas, agriculture, and growing infrastructure activities across the globe. The growing expansion of offshore oil and gas and wind energy infrastructure to fulfill ever-increasing energy demand is a key factor for the growth of the global industrial hose market. According to the Energy Information Administration (EIA), world energy consumption will grow by nearly 50% between 2018 and 2050. The industrial sector, which includes refining, mining, manufacturing, agriculture, and construction, accounts for the largest share of energy consumption. Hence growing energy consumption creates demand for energy production that further encourages the demand of industrial hose. Moreover, technical advancement in the agriculture processes further provide significant opportunity to the market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/industrial-hose-market
The global industrial hose market is segmented based on material type and vertical. Based on the material type, the market is further classified into PVC, natural rubber, nitrile, polyurethane, and others. The PVC segment is projected to grow at a significant CAGR during the forecast period. The growing demand of PVC based hose in various industries such as automotive, agriculture and others further contribute in the segmental growth. PVC based industrial hose are widely adopted due to chemical and corrosion resistance, good abrasion and wear resistance,, visual contact with the flow, and high flow characteristics. On the basis of vertical the market is further segregated into automotive, agriculture, oil & gas, construction & mining, food & beverages, pharmaceuticals, and others.
A full report of Global Industrial Hose Market available @ https://www.omrglobal.com/industry-reports/industrial-hose-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Industrial Hose Market by Material Type
- PVC
- Natural Rubber
- Nitrile
- Polyurethane
- Others (Silicon)
Global Industrial Hose Market by Vertical
- Automotive
- Agriculture
- Oil & Gas
- Construction Mining
- Food & Beverages
- Pharmaceuticals
- Others(Chemical)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Able Hose & Rubber LLC
- Ace Hose and Rubber Co.
- ALFAGOMMA Spa
- Colex International Ltd.
- Continental AG
- Eaton Corporation plc
- Gates Industrial Corporation plc
- Hose-tech Ltd.
- Kurt Manufacturing Co.
- Kuriyama of America, Inc.
- Kanaflex Corporation Co., Ltd.
- Mithra Fluidtrans Pvt. Ltd.
- NORRES Schlauchtechnik GmbH
- NovaFlex Group
- Parker-Hannifin Corp.
- Pacific Echo, Inc.
- Ryco Hydraulics Pty Ltd.
- Salem-Republic Rubber Co.
- Transfer Oil S.p.A.
- Trelleborg AB
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global industrial hose market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/industrial-hose-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
