USD 13.2 billion
Industrial Hose Market Size, Share, Growth Analysis, By Material (Silicone, and Rubber), By Media (Chemical, Water), By Vertical (Infrastructure, Pharmaceuticals), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20B2069 |
Region:
Global |
Published Date: November, 2024
Pages:
202
|Tables:
96
|Figures:
70
Industrial Hose Market Insights
Industrial Hose Market size was valued at USD 14.01 Billion in 2023 and is poised to grow from USD 14.86 Billion in 2024 to USD 22.49 Billion by 2032, growing at a CAGR of 6.1% during the forecast period (2025-2032).
As they work in challenging conditions, industrial hoses can abrase, burst, and fail too soon. When working in these environments, the type of hose needed for the task must be carefully considered. Hydraulic hoses are perfect for high-pressure transfer since they can resist millions of pounds of pressure. A hose is an essential component in many different industrial sectors due to its wide range of applications. The high-pressure industrial hoses market is projected to hold a market share of more than one-fourth of the worldwide industrial hoses market between 2024 and 2031. The oil and gas sector frequently uses high-pressure industrial hoses to transport pressurized liquids from one location to another.
The leading businesses in the industrial hoses market regularly invest in R&D to create cutting-edge products with improved functionality, robustness, and efficiency. Innovation can attract customers who are looking for innovative solutions, offering organizations a competitive edge. By focusing on several market sectors, businesses that provide a wide range of hose products for various industries and applications can expand their customer base. Building and construction are anticipated to account for around one-third of the worldwide industrial hoses market during the projected period. For many uses in the building and construction industry involving the transfer of materials, air, and fluids, industrial hoses are indispensable. The hoses are designed to perform tasks safely and effectively, boosting and optimizing building processes.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Water
Fastest Growth
Air & ventilation
Growth Rate
6.1% CAGR
Global Industrial Hose Market ($ Bn)
Country Share for Asia Pacific (%)
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Industrial Hose Market Segmental Analysis
Global Industrial Hose Market is segmented by Material, by Media, by Application, and by Region. Based on Material, the market is segmented into Silicone, Rubber, PVC, Teflon, Other Materials. Based on Media, the market is segmented into Chemical, Water, Air & Ventilation, Food & Beverages, Hot Water, and Steam. Based on Application, the market is segmented into Automotive, Construction & Infrastructure, Oil & Gas, Pharmaceuticals, Food & Beverages, Water & Wastewater Treatment, Mining, Other Applications. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Media
As per categorization by media, the market is classified into chemicals, water, air & ventilation, food & beverages, hot water and steam. Among these, water earned the largest share and continues to dominate the market. The goal of innovations in the global industrial hose market is to make water and air handling systems more sustainable and efficient. The development of hoses with exceptional durability and resistance to extreme conditions is made possible by advanced materials and production techniques, which meet the needs of a wide range of industrial applications. In addition, there's an increasing focus on integrating smart technologies to optimize workflows, lower energy use, and monitor and regulate water and air flow—all of which will spur market expansion and uptake.
Due to several important variables, the food and beverage, chemical, and steam sectors of the global industrial hose devices market are expected to grow at the highest rates. Strict hygiene regulations in the food and beverage industry demand the use of specialty hoses for the safe handling and transportation of consumables. Similarly, hoses that can withstand different temperatures and corrosive substances are in greater demand in the chemical industry. Furthermore, as companies' priorities efficiency and safety measures, steam hoses are essential for many industrial processes, such as sterilization and cleaning, driving significant demand and accelerating the growth of these segments in the industrial hose devices market.
Analysis by Vertical
Infrastructure and agricultural practices are changing due to global industrial hose market innovations. Specialized hoses are becoming more necessary for construction, irrigation, and water management in infrastructure projects. Innovative design and cutting-edge materials provide increased flexibility and durability, satisfying the requirements of large-scale projects while guaranteeing effective resource use. To maximize crop productivity and sustainability, hoses are essential components of irrigation systems, fertilizer distribution, and pesticide application in agriculture. Additionally, remote monitoring and control are made possible by the integration of automation and IoT technologies, which improves productivity and resource management in both industries.
Due to specific industry-specific needs driving demand, the pharmaceutical, mining, and automotive sectors are expected to experience rapid expansion in the global market for industrial hose devices. Specialized hoses are required by strict standards in the pharmaceutical industry to ensure patient safety and product integrity through accurate and sterile fluid handling. Like this, the mining industry needs strong hoses that can survive extreme conditions and abrasive materials for tasks like dewatering and slurry transport. Additionally, hoses are essential for fuel delivery and fluid transfer in engine cooling systems in the automobile industry, with a rising focus on lightweight, high-performance solutions to satisfy changing sustainability and efficiency criteria.
Global Industrial Hose Market By Media (%)
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Industrial Hose Market Regional Insights
The Industrial Hose Market is dominated by Asia Pacific due to several important factors. Industrial hoses are in high demand across a variety of industries, including manufacturing, construction, and agriculture, because of the region's rapidly growing industrialization, especially in nations like China and India. Furthermore, as cities grow more rapidly, infrastructure development initiatives are fueled, which supports market expansion even more. The region's supremacy is further reinforced by advantageous government measures supporting industrial expansion and investments in industries like chemicals, oil and gas. The region's supremacy is further reinforced by advantageous government measures supporting industrial expansion and investments in industries like chemicals, oil and gas. extensive supply chain infrastructure and the existence of significant manufacturing centers further solidify Asia Pacific's standing as a prominent participant in the global industrial hose market.
Demand for sophisticated industrial hoses is driven by strict worker safety and environmental protection requirements in North America and Europe, particularly in sectors like oil and gas, automotive, and food processing. Rapid industrialization and infrastructure development initiatives drive market expansion in the Middle East and Africa, especially in industries like mining and construction. Growing agricultural activity benefits Latin America and raises the need for irrigation and fluid handling hoses. The region's mining and manufacturing industries are also expanding, which accelerates the market's quick expansion.
Global Industrial Hose Market By Geography
- Largest
- Fastest
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Industrial Hose Market Dynamics
Drivers
Developments in growing infrastructure
- Demand for hoses is being created by the growing number of infrastructure-related projects, which is stimulating private participation in infrastructure (PPI) to invest more. Growing infrastructure improvements as a result lead to an increase in the need for hoses. It is anticipated that most of the developments would occur in Africa and Asia. Infrastructure improvements in APAC are the main factor driving rapid urbanisation and industrialization; this trend is increasing demand for hoses because they can be used for a variety of tasks, including moving various kinds of fluids from one place to another in various
Global Hose Market Expansion
- One notable factor driving the growth of the global industrial hose market is technological advances. Advancements in materials science, manufacturing processes, and design approaches are transforming the potential of industrial hoses, augmenting their robustness, adaptability, and effectiveness in diverse uses. Technologies will continue to be a major factor influencing how the industrial hose market develops if companies prioritise sustainability, safety, and performance.
Restraints
Lack of technological knowledge
- Hose installation calls for certain understanding to fit hoses at various locations. During installation or use, hoses must not be stretched, kinked, squashed, or twisted. A hose assembly requires the combination of a hose and hose fittings, which is a crucial operation that should only be completed by those with the necessary training. But the lack of qualified workers with industrial hoses' technical know-how prevents the market from expanding.
Insufficient Product Differentiation
- Many businesses in this industry are not as focused on technological advancements, and the scarcity of raw materials is making it difficult for hose manufacturers to set themselves apart from the competition. But some businesses are always spending money on R&D to give themselves a competitive advantage over others by providing hoses that are specially designed for applications.
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Industrial Hose Market Competitive Landscape
A lot of companies are focusing on organic growth strategies, such as events, patents, approvals, and new product releases. The market has noticed acquisitions, partnerships, and collaborations as inorganic growth tactics. These actions have increased the clientele and revenue of the market participants. It is anticipated that the market players will have lucrative growth prospects in the future due to the growing demand for industrial hoses. NORRES, Parker Hannifin, Eaton, Gates, Kurt Manufacturing, Piranha Hose Products, RYCO Hydraulics, and Transfer Oil S.p.A. are a few of the major participants.
Top Player’s Company Profiles
- NORRES Schlauchtechnik GmbH (Nalka Invest AB)
- Colex International Limited,
- RYCO Hydraulics
- Dixon Valve & Coupling Company, LLC
- Pacific Echo
- Eaton (Ireland)Gates Corporation
- Transfer Oil S.p.A
- Kurt Manufacturing
- Kanaflex Corporation Co., Ltd.
- Titan Fittings
- ContiTech AG (A Subsidiary of Continental AG)
- PARKER HANNIFIN CORP
- Semperit AG Holding
- TITEFLEX CORPORATION
- TRELLEBORG CORPORATION
Recent Developments
- In February 2023, A new range of industrial hoses with enhanced flexibility and chemical resistance made of sophisticated thermoplastic materials was unveiled by Parker Hannifin Corporation. These hoses meet the increasing need for robust and adaptable fluid handling solutions by serving a variety of applications in sectors like industry, oil and gas, and agricultural.
- In October 2022, Eaton Corporation introduced a line of high-performing industrial hoses with Internet of Things (IoT) sensors to monitor vital metrics like flow rate, temperature, and pressure in real time. This invention improves operational effectiveness and safety in many industries, such as mining, building, and auto production.
- In June 2023, A revolutionary composite industrial hose from Gates Corporation was presented; it is made for harsh environments and combines a lightweight design with remarkable endurance and resilience to UV radiation, chemicals, and abrasion. Reliability and performance are critical factors in industries including aerospace, maritime, and utilities, which are served by this development.
Industrial Hose Key Market Trends
- Durability and Efficiency of Thermoplastic Materials: Thanks to technological improvements, hoses that can survive hostile environments are becoming more efficient and durable. The use of thermoplastic materials into the production process of industrial hoses signifies a noteworthy advancement in terms of improving their general quality and functionality. These materials are excellent at withstanding a broad variety of chemicals, which makes them ideal for applications involving the transmission of caustic compounds.
- Advancing Industrial Hose Technology: New generation of hoses exhibit remarkable abrasion resistance, guaranteeing their durability and dependability in settings where mechanical wear and tear is common. For example, hoses used in harsh industrial sectors like mining, construction, and oil and gas must be able to sustain significant physical strain without compromising their structural integrity. This need is met by the creation of hoses that are stronger and more flexible, which improves durability in harsh settings.
Industrial Hose Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, worldwide infrastructure development projects, especially in Asia and Africa, are fueling the expanding need for hoses as flexible fluid handling solutions become more and more necessary due to the region's fast industrialization and urbanization. Technological advances have also been a major factor driving the worldwide industrial hose market. These advancements have revolutionized the durability, adaptability, and efficacy of industrial hoses across a range of industries, assuring ongoing growth as businesses place a premium on performance, safety, and sustainability. The potential for growth in the industrial hose market is hampered by the lack of skilled laborers with the technical know-how required for correct hose installation. Hose producers trying to stand out in the market face obstacles due to restricted technological improvements and lack of raw materials, which result in insufficient product differentiation.
To increase their customer base and revenue, several businesses are pursuing both inorganic growth strategies, like partnerships and acquisitions, and organic growth strategies, like product releases and patents. Notable players in the industrial hose market include NORRES, Parker Hannifin, Eaton, Gates, Kurt Manufacturing, Piranha Hose Products, RYCO Hydraulics, and Transfer Oil S.p.A. The incorporation of thermoplastic materials into industrial hoses has led to technological advancements that improve their durability and efficiency. This is especially important in abrasive environments where chemical resistance is essential. As a result, abrasion resistance and structural integrity have been prioritized in high-demand industries such as mining, construction, and oil and gas.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 13.2 billion |
| Market size value in 2031 | USD 21.20 billion |
| Growth Rate | 6.1% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Industrial Hose Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Industrial Hose Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Industrial Hose Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Industrial Hose Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Industrial Hose Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Industrial Hose Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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