A new Report by Delvens, titled "Industrial Hose Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market, the global Industrial Hose Market size was valued at USD 13.08 Billion in 2020 and is projected to reach USD 20.07 Billion by 2028, growing at a CAGR of 5.52% to 2028.
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Regional Analysis
The Asia Pacific region is expected to dominate the largest market share during the forecast period. India, China, and Japan represent the Industrial Hose Market, collectively considering for over 72% of the market value in the Asia Pacific.
Top Key Players of Industrial Hose Market
· Gates
· Eaton
· Parker Hannifin
· RYCO Hydraulics
· Transfer Oil S.p.A.
· Kuriyama of America, Inc.
· Kurt Manufacturing
· Piranha Hose Products
· NORRES
· Colex International and More
Recent Developments
In April 2020, Continental AG (Germany) developed medical hoses needed in Bergamo and the Lombardy region’s medical sector at its Italian site in Daverio, Italy. PVC hose is suitable for the transport of air, oxygen, nitrous oxide, helium, and carbon dioxide.
In February 2020, NORRES GmbH (Germany) acquired the Swedish hose distributor Jarl Elmgren AB (“Jarl Elmgren”). This acquisition is in line with NORRES' internationalization strategy and represents a significant strengthening of the company's market position in Scandinavia.
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A hose is a flexible hollow tube designed to carry fluids from one location to another. The shape of a hose is usually cylindrical having a circular cross section. Hose design is based on a combination of application and performance. Common factors considered for hose design are size, pressure rating, weight, length, and chemical compatibility. Applications mostly use nylon, polyurethane, polyethylene, PVC, or synthetic or natural rubbers, based on the environment and pressure rating needed.
Increasing demand for robust industrial hoses in critical applications, and growing infrastructure-related developments are some of the factors that have supported long-term expansion for Industrial Hose Market.
Reasons to Acquire
· Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
· Gain authentic and granular data access for Industrial Hose Market so as to understand the trends and the factors involved behind changing market situations
· Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
· In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Industrial Hose Market is segmented into material, media type, industry and region.
On the basis of Material
· Natural Rubber
· Nitrile Rubber
· PVC
· Silicone
· Polyurethane
On the basis of Media Type
· Water
· Oil
· Hot Water and Steam
· Air and Gas
· Food and Beverage
· Chemical
On the basis of Industry
· Automotive
· Infrastructure
· Oil & Gas
· Pharmaceuticals
· Food & Beverages
· Water & Wastewater
· Chemicals
· Mining
· Agriculture
· Others
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Industrial Hose Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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