The North American hydraulic hose market is estimated to grow at a CAGR of 5.8% during the forecast period. The market growth is mainly backed by the well-established construction industry, along with the presence of global giants in the region. Along with that, there is an inclination towards eco-friendly construction projects, along with the cohesive government initiatives in the development of the smart industrial sector, which is expected to positively impact the revenue of the market in the region. However, widespread of the COVID-19 pandemic has severely impacted North America. Due to this, a large number of end-user industries have been impacted which affects market growth.
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The North American market for the hydraulic hose is segregated on the basis of product type and industry. Based on the product type, the market is further classified into articulated, reinforced, coiled, and other(corrugated). The reinforced segment is projected to have a considerable share owing to the growing application in various industries such as construction and mining. Based on the industry, the market is further segmented into agriculture, construction & mining, manufacturing, and others. The agriculture segment is estimated to have considerable growth in the market owing to the significant advancement in the agriculture process across the globe. Based on geography, the market is further segregated into the US and Canada. Among, geography the US is projected to have the largest share in the North American hydraulic hose market.
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- 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
North American Hydraulic Hose Market by Product Type
- Articulated
- Reinforced
- Coiled
- Others (Corrugated)
North American Hydraulic Hose Market by Industry
- Agriculture
- Construction & Mining
- Manufacturing
- Others (Pharmaceuticals)
Regional Analysis
- United States
- Canada
Company Profiles
- Able Hose & Rubber LLC
- Bridgestone Corp.
- Continental AG
- Eaton Corporation plc
- Gates Industrial Corporation plc
- Kuriyama of America, Inc.
- Parker-Hannifin Corp.
- Semperit Group
- Trelleborg AB
- The Yokohama Rubber Co., Ltd.
The Report Covers
- Comprehensive research methodology of the North American hydraulic hose market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the North American hydraulic hose market.
- Insights about market determinants that are stimulating the North American hydraulic hose industry.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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