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Report Overview
The global industrial hose market size was valued at USD 14.01 Billion in 2024. The market is further projected to grow at a CAGR of 3.90% between 2025 and 2034, reaching a value of USD 20.54 Billion by 2034.
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Industrial Hose Market Analysis by Region
Asia Pacific is one of the prominent regions due to the increased infrastructure activities in the region
The Asia Pacific region is anticipated to hold a significant share in the industrial hose market landscape due to the growing automotive and agriculture industry and increased infrastructure activities in the region, with major demand from countries like China and India.
North America and European region are emerging markets for industrial hoses, and manufacturers in the chemical, oil and gas, and automotive industries are expanding into these regions, which is likely to propel the hose industry. In addition, industrial hose market in North America is driven by the increasing demand from industries such as chemicals and manufacturing, while the industrial hose market in Europe is driven by the growing demand for PVC hoses from industries such as food, pharmaceuticals, and chemicals. The strict regulatory framework and high environmental standards in these regions are also influencing the hose market.
Industrial Hose Market Report Snapshots
Industrial Hose Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the global industrial hose market attained a value of nearly USD 14.01 Billion.
The market is projected to grow at a CAGR of 3.90% during the forecast period of 2025-2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 20.54 Billion by 2034.
The market growth is driven by the rising usage of hoses in chemical industry to transport chemical media, increased demand in critical applications, growing trends related to infrastructure activities, and rising infrastructural trends.
The growing global demand for automobiles and the increasing modernisation of farming methods acts as a key trend for the market.
The major regions in the market include North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific, with the Asia Pacific expected to occupy a substantial share of the market.
The material types in the market include synthetic rubber, polyvinyl chloride (PVC), natural rubber, silicone, and polyurethane.
The various segments according to media are air and gas, oil, water and steam, chemical, food and beverage.
Automotive, chemical and pharmaceuticals, infrastructure, oil and gas, food and beverages, water and wastewater, mining, and agriculture, among others are the various segments on the basis of industries.
The major players in the market are Eaton Corporation PLC, Gates Industrial Corporation PLC, Parker Hannifin Corporation, Transfer Oil S.p.A., Kurt Manufacturing, Piranha Hose Products, Inc., NORRES Schlauchtechnik GmbH, Colex International Ltd., Kuriyama Holdings Corporation, ALMAPlast S.r.l., Griflex Limited, REHAU Industries SE & Co. KG, Danfoss A/S, RR Italia SPA., and Alfaflex NV, among others
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