North America Hoses Market, By Media (Hydraulic, Air and Gas Hoses, Material Handling Hoses, Food Hoses, Steam Hoses, and Others), Material (Rubber Hoses, Plastic/Polymer Hoses, Metal Hoses, Composite Hoses, Silicon Hoses, and Others), End User (Automotive, Industrial, Commercial, and Residential), Sales Channel (Indirect and Direct) - Industry Trends and Forecast to 2031.
North America Hoses Market Analysis and Size
North America hoses market is disjointed in nature, as it consists of many players such as Gates Corporation, PARKER HANNIFIN CORP. The presence of these companies produces competitive prices, various type of hoses and other innovative hoses product with facilities across the globe. Due to the presence of the players at regional and international levels, suppliers and manufacturers offer products and services with different specifications and characteristics for all budgets. Increasing adoption of polymer hoses and increasing need of durable hoses in critical applications is expected to boost the growth of the market.
Data Bridge Market Research analyses that North America hoses market is expected to reach a value of USD 14.47 billion by 2031, from 8.66 billion in 2023, growing at a CAGR of 6.8%, during the forecast period of 2024 to 2031.
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion
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Segments Covered
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Media (Hydraulic, Air and Gas Hoses, Material Handling Hoses, Food Hoses, Steam Hoses, and Others), Material (Rubber Hoses, Plastic/Polymer Hoses, Metal Hoses, Composite Hoses, Silicon Hoses, and Others), End User (Automotive, Industrial, Commercial, and Residential), Sales Channel (Indirect and Direct)
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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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Gates Corporation, ContiTech AG, PARKER HANNIFIN CORP, Robert Bosch Tool Corporation, Danfoss, ALFA GOMMA Spa, HBD Thermoid, KURIYAMA OF AMERICA, INC., Manuli Hydraulics, and Trelleborg Group among others
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Market Definition
The hoses are the flexible tubes that are used for conveying liquids, gases, and other materials in a wide series of applications across various industries such as agriculture, construction, automotive, and oil & gas. Hoses can be made of several materials such as metal, rubber, and plastic and can be designed for various purposes such as conveying high-pressure fluids, corrosive chemicals, or steam.
North America Hoses Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
- Increasing Adoption of Polymer Hoses
Industrial hoses have been used to transfer various fluids, air, water, food products, beverages, cement, dry materials, chemicals, and fuel among others. Currently, both metallic and polymer hoses are utilized in varied industrial applications. Metallic hoses are heavier than polymer hoses because industrial operators are shifting from metal hoses to polymer hoses. Operators need safe, quality hoses for industrial use. Low-quality hoses affect the entire operations of the organization. Kuriyama of America, American Metal & Rubber, Inc., and others are a few of the players providing polymer hoses and related products.
- Increasing Need for Hoses in Critical Applications
The application of industrial hoses includes moving fluids, chemicals, air, water, oil, and other materials from one place to another. There is a significant demand for robust industrial hoses in the market in crucial applications like high temperature, high pressure, chemical reaction, and vacuum.
Before choosing the hoses, the customers must consider a number of important criteria, including catastrophic failure, permeability, chemical compatibility, temperature, external environment, vacuum, and others. The major players in the North America industrial hoses market are releasing cutting-edge products for mission-critical uses, which is fueling the demand for durable hoses in the industry.
Opportunities
- Growing Adoption of Hoses in Automobile Sector
Automobiles consist of complex internal structures and systems with various components intact. The integration of these systems and components allow the automobile to operate as an efficient machine. In automobiles, hoses plays an important role as it is used an engine cooling system, in brake oil carrier, as fuel carrier, in air conditioning and in other parts of the vehicle. In the design of an engine cooling system, hoses of various type are used for coolant circulation. These hoses are of different material properties as some are design to withstand the heat of coolant whereas others can take just cold coolant. This increases importance of hoses in the automobiles and the growth of North America industrial hoses market is directly affected by the growth of automobile industry. As the automobile sector is EV industry is showing an enormous growth over the years owing to rising demand for vehicles.
- Rising Demand for Durable Hoses
The rising demand for durable hoses can be attributed to several factors. One of the primary factors is the increasing demand for high-performance hoses that can withstand harsh environments and extreme temperatures. This is particularly true in industries such as automotive, aerospace, and manufacturing, where hoses are subject to extreme conditions and need to perform reliably. Another factor driving the demand for durable hoses is the growing focus on sustainability and cost-efficiency. Durable hoses can last longer, reducing the need for frequent replacements and lowering maintenance costs. This also reduces waste and helps companies meet their sustainability goals. Advancements in technology and materials have also contributed to the rising demand for durable hoses. New materials such as thermoplastic elastomers and fluoropolymers offer improved durability, flexibility, and resistance to abrasion, chemicals, and UV radiation. Finally, the COVID-19 pandemic has increased demand for hoses used in medical and pharmaceutical applications. These hoses need to be durable and able to withstand repeated sterilization and other harsh treatments. Overall, the demand for durable hoses is expected to continue growing as companies seek to improve the reliability and efficiency of their operations while reducing costs and meeting sustainability goals. There are some reports which suggest that rubber and polymer hoses are more durable and long lasting as compared to metal hoses.
Restraints/Challenges
- Environmental Concern Regarding Hoses
Most of the hoses are made from polymers and plastic. After their utilization, these hoses are often disposed in the garbage. This polymer will contaminate the ground and will lead to pollution. Due to reason, the consumer is shifting to environmentally friendly material hoses. This will also negatively impact the sales of polymer hoses. Environmental contamination due to plastic waste may rupture the growth of the North America industrial hoses market. Non-metal hoses consist of rubber, PVC, EPDM, and polyplastic materials. Polyvinyl Chloride (PVC), a type of heat-resistant polymer, is considered to be highly toxic owing to the presence of chemical constituents such as heavy metals, dioxins, BPA, and phthalates. Depending on non-plasticization, PVC is flexible due to the presence of phthalates which are harmful to humans. Non-metal hoses get replaced and transferred into the garbage. Plastic material is not decomposable. While burning and decomposing industrial waste, it emits toxic gases which may cause harm to humans, animals, and the environment. It has been witnessed that non-metal hoses are highly adoptable nowadays owing to their high reliability, resistance to corrosion, and others. This high adaptability from industrial operators may cause harm to the environment.
- Technical Issues Related to the Hoses
Technical issues related to hoses can significantly impact the performance and safety of various systems. Leaks, bursts, kinks, and abrasions are common problems that can arise from wear and tear, improper installation, or exposure to harsh conditions. Leaks can lead to fluid or gas loss, compromising the efficiency and reliability of the system. Burst hoses, especially under high pressure, pose a serious safety risk to workers and can result in costly equipment damage. Kinking and twisting can restrict the flow of fluids or air, affecting the overall performance of the system. Additionally, abrasions caused by friction can weaken the hose over time, leading to potential failures.
Fittings play a crucial role in hose performance, and issues such as improper installation or wear can result in leaks and restricted flow. Choosing the wrong type of hose for the application can also lead to compatibility issues with the fluids or gases being transported, as well as the temperature and pressure conditions. Corrosion is another significant concern, especially when hoses are exposed to corrosive substances, leading to deterioration and eventual failure. To mitigate these technical issues, regular inspection, proper maintenance, and the use of high-quality hoses and fittings are essential.
Recent Developments
- In February 2024, Gates corporation introduced the Clean Master Plus pressure wash hose, a lighter and more flexible high-pressure hose designed for demanding industrial environments. It operates at pressures up to 6,000 psi, offering improved ergonomics, productivity, and safety’s Gates' commitment to innovation and exceeding customer expectations, offering durability and performance across industries such as construction, marine, manufacturing, mining, and property maintenance
- In January 2024, Continental announced a $90 million investment in a new hydraulic hose plant in Aguascalientes, Mexico. The facility, scheduled to start construction in late 2024.This investment bolstered Continental's industry presence in the Americas, reflecting its commitment to innovation and comprehensive hydraulic hose solutions. Additionally, it represents Continental's 22nd plant in Mexico and underscores its dedication to local employment and economic development, benefiting both the company and the region
- In March 2023, PARKER HANNIFIN CORP introduces Critical Protection (CP) Hose Cover, offering enhanced durability in tough environments. Field tests demonstrate reduced maintenance, increased productivity, and double the lifespan in some cases. Available in various sizes, CP Hose Cover ensures reliable performance without sacrificing flexibility, benefiting industries with demanding applications
- In January 2023, Danfoss expanded the tooling portfolio for hose assembly in Europe. Crimping, cutting, insert pushing, labeling, and skiving machines are some of the new equipment that is available to assist customers and partners in producing dependable hose assemblies. The expansion has helped the company to gain more customers worldwide
- In October 2023, Danfoss was awarded Star of Energy Efficiency by Alliance to Save Energy for the business's initiatives to develop energy-efficient solutions that reduce carbon emissions. Such recognition helps the company to gain customer attention globally
North America Hoses Market Scope
North America hoses market is segmented into four notable segments which are based on media, material, end user, and sales channel. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Media
- Hydraulic
- Air and Gas Hoses
- Material Handling Hoses
- Food Hoses
- Steam Hoses
- Others
On the basis of media, the market is segmented into hydraulic, air and gas hoses, material handling hoses, food hoses, steam hoses, and others.
Material
- Rubber Hoses
- Plastic/Polymer Hoses
- Metal Hoses
- Composite Hoses
- Silicone Hoses
- Others
On the basis of material, the market is segmented into rubber hoses, plastic/polymer hoses, metal hoses, composite hoses, silicon hoses, and others.
End User
- Automotive
- Industrial
- Commercial
- Residential
On the basis of end user, the market is segmented into automotive, industrial, commercial, and residential.
Sales Channel
- Indirect
- Direct
On the basis of sales channel, the market is segmented into indirect and direct.
North America Hoses Market Regional Analysis/Insights
North America hoses market is analyzed and market size insights and trends are provided by media, material, end user, and sales channel.
The countries covered in the North America hoses market are U.S., Canada, and Mexico.
The U.S. is dominating the North America hoses market due to its robust industrial infrastructure and technological innovation The U.S. generates substantial demand for hoses across multiple sectors, solidifying its dominance in the market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Hoses Market Share Analysis
North America hoses market competitive landscape provides details of the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to North America hoses market.
Some of the major players operating in the North America hoses market are Gates Corporation, ContiTech AG, PARKER HANNIFIN CORP, Robert Bosch Tool Corporation, Danfoss, ALFA GOMMA Spa, HBD Thermoid, KURIYAMA OF AMERICA, INC., Manuli Hydraulics, and Trelleborg Group among others.
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