Industrial hoses serve diverse applications, offering flexibility, durability, and reliability. They transport fluids, gases, and materials in sectors such as manufacturing, construction, agriculture, and oil and gas. Features of industrial hoses include resistance to chemicals, abrasion, and extreme temperatures, ensuring longevity. Industrial hoses are used for water delivery, material handling, suction, and discharge. They are crucial in processes such as hydraulic systems, food and beverage transfer, and air and gas handling. Their adaptability, robustness, and varied sizes make them essential for a wide range of industrial applications.
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Data Bridge Market Research analyses that the North America Industrial Hoses Market is valued at USD 3,965.92 million in 2022 and is expected to reach USD 6,514.44 million by 2030, registering a CAGR of 6.4% during the forecast period of 2023 to 2030. Expanding manufacturing in emerging economies fuels demand for industrial hoses. These hoses are vital for fluid and material transport, supporting various production processes, and infrastructure development, reflecting the crucial role they play in industrial growth.
Key Findings of the Study
Mining and oil and gas is expected to drive the market's growth rate
The mining and oil and gas sectors heavily rely on industrial hoses for their operations. Hoses ensure the secure and efficient transfer of materials, chemicals, and fuels within these industries. They facilitate the transportation of everything from water and minerals in mining to crude oil and various chemicals in oil and gas extraction and processing. This pivotal role in maintaining safety and productivity propels the continuous demand for industrial hoses within these sectors.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Hydraulic Hoses, Layflat Hoses, WRAS Hoses, Oil Resistant Hoses, Stripwound Hoses, Corrugated Hoses, Thermo-Duct and Others), Material Type (Silicone, Polyurethane, Polyvinyl Chloride, Nitrile Rubber, Elastomers, Metal, Thermoplastics, Composite and Others), Media (Oil, Water and Gas), Wire Type (Wire Braided and Spiral Wire), Pressure (Low Pressure (Less Than 3000 Psi), Medium Pressure (Between 3000 To 6000) and High Pressure (More Than 6000)), Industry (Oil and Gas, Water, Agriculture, Food and Beverages, Pharmaceuticals, Automotive, Mining, Construction and Others)
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Countries Covered
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U.S., Canada, and Mexico
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Market Players Covered
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Eaton (U.S.), PARKER HANNIFIN CORP (U.S.), RYCO Hydraulics (U.S.), Kurt Manufacturing (U.S.), NORRES Schlauchtechnik GmbH (Germany), Transfer Oil S.p.A (Italy), ContiTech AG (A Subsidiary of Continental AG) (Germany), Kanaflex Corporation Co., Ltd. (Japan), Pacific Echo (U.S.), Colex International Limited, UK (U.K.), Gates Corporation (U.S.), Semperit AG Holding (Austria), Dixon Valve & Coupling Company, LLC (U.S.), and Titan Fittings (U.S.).
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The North America industrial hoses market is segmented on the basis of type, material type, media, wire type, pressure, and industry.
- On the basis of type, the market is segmented into hydraullic hoses, WRAS hoses, oil resistant hoses, layflat hoses, stripwound and corrugated hoses, thermo-duct, and others.
- On the basis of material type, the market is segmented into silicone, polyurethane, polyvinyl chloride, nitrile rubber, elastomers, metal, thermoplastics, composite, and others.
- On the basis of media, the market is segmented into oil, water, and gas.
- On the basis of wire type, the market is segmented into spiral wire and wire braided.
- On the basis of pressure, the market is segmented into low pressure (less than 3000 psi), medium pressure (between 3000 to 6000), and high pressure (more than 6000).
- On the basis of industry, the market is segmented into oil and gas, water, agriculture, food and beverages, pharmaceutical, automotive, mining, and others.
Major Players
Data Bridge Market Research recognizes the following companies as the major North America industrial hoses market players in North America industrial hoses market are Eaton (U.S.), PARKER HANNIFIN CORP (U.S.), RYCO Hydraulics (U.S.), Kurt Manufacturing (U.S.), NORRES Schlauchtechnik GmbH (Germany), Transfer Oil S.p.A (Italy), ContiTech AG (A Subsidiary of Continental AG) (Germany), Kanaflex Corporation Co., Ltd. (Japan)
Market Developments
- In July 2021, NORRES Schlauchtechnik GmbH, known for its flexible hose system solutions, has successfully acquired Baggerman Group, a manufacturer and distributor of industrial hoses, couplings, and related accessories. This strategic move not only enhances the company's footprint in North America but also facilitates market expansion, strengthening its position in the industry.
- In September 2020, KURIYAMA OF AMERICA has introduced a new product named Tigerflex Tiger Aqua Suction and Discharge Hose. This latest addition not only enhances the company's product portfolio but also is expected to have a positive impact on overall sales, bolstering its market position.
Regional Analysis
Geographically, the countries covered in the North America industrial hoses market report are Japan, China, South Korea, India, Australia and New Zealand, Taiwan, Hong-Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines, and Rest of Asia-Pacific
As per Data Bridge Market Research analysis:
U.S. dominates North America in industrial hoses market during the forecast period 2023 - 2030
In 2023, the U.S. dominates the North America industrial hoses market due to a surging preference for PVC hose materials is poised to be a significant growth catalyst. PVC hoses are favored for their versatility, durability, and resistance to corrosion, making them ideal for various applications. As industries continue to expand, particularly in manufacturing, construction, and agriculture, the need for reliable industrial hoses, often made from PVC, is on the rise, sustaining the market's upward trajectory.
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