Hoses Market Synopsis

Hoses Market Size Was Valued at USD 12.28 Billion in 2023 and is Projected to Reach USD 28.25 Billion by 2032, Growing at a CAGR of 9.7% From 2024-2032

The hoses market covers the global sector providing hoses, including manufacturing, distributing and selling of such items, as the flexible tubes utilized to transport fluids through pipes. They have refined hose types that serve numerous markets including hydraulic hoses, industrial hoses, air hoses and water hoses designed for distinct use in the agricultural, automotive, construction, oil and gas, and food and beverages industries. This sub-sector comprises raw material vendors, hose producers, distributors and consumer groups to depict the increasing need for high-quality long-lasting hoses which is capable of withstanding high-performance standards on the aspects of safety and efficiency. The major movers are the improvement of technology, the rise of industrial processes, and the requirement for efficient flow management in composite work surroundings.

• A big picture to this hoses market is that the market is rather active and progressing due to the constantly rising demand to transport fluids through flexible hoses in different industries. As versatile tubular structures that are widely used to transport fluids, gases, and other materials in industries including agriculture, automotive, construction, oil and industries, and food industries, hoses are system critical. Hydraulic hose is categorized into different types of spray hose, industrial hose, air hose and water hose, with each hose developed to have its unique characteristic that addresses certain operational needs. Rising utilization across various industries: Newer technological goals have enabled the manufacture of hoses that are more robust, flexible, chemically safe, heat resistant, and can withstand being used in severe temperatures; factors that continue to fuel the market.
• Global factors, including industrialization, urbanization, and construction activities also affect the hoses market at a macro level, especially for countries in the emergent markets. For instance; an increased number of construction activities, stepped up production of automobiles, and more extensive agricultural production have been key players in the growth of the market.
• Meanwhile, the tendencies are created by pursuing sustainable development goals besides employing ecological materials for manufacturing hoses. The market is thoroughly saturated with high levels of competition from relevant market players, who are deploying a significant amount of research and development resources aimed at developing and providing customers with improved and highly-performing hoses and related accessories. Some of the several driving forces behind the steady growth in the hoses market in the coming years include the evolution in industries and increased need for efficient fluid management.

Hoses Market Trend Analysis

Increasing adoption of smart hose technologies

• These new generation hoses are equipped with sensors and connectivity that ensure performance monitoring of the hoses in real-time possibility of leakage pressure, and temperature are checked concurrently. Smart hoses collect data that can improve operating factors such as effectiveness, safety, and the possibility to minimize cost by employing predictive maintenance and the ability to respond to any problems at once.
• This trend is in line with the tendencies emerging due to the digitalization of the economy and the usage of the Industrial Internet of Things, where companies strive to use data and connectivity for managing the production process. Smart hosing technologies are essential in industries that include oil and gas, chemical processing, and manufacturing, as fluid regulation is paramount. Therefore, the factors such as growth in technology and decrease in cost for further applications for smart hoses projected to enhance the market distribution.

Growing demand for eco-friendly and sustainable hose products

• there is a growing public consciousness about the environment coupled with growing legislation seeking to restrict the use and application of dangerous substances: therefore, the demand for hoses made from reusable, bio-degradable and chemical free materials is very high. As seen, there is a large base of customers who seek to minimize their impact and companies that are willing to innovate and develop green hose solutions can address this market. The said opportunity is more felt in industries like agriculture, production of food and beverages, and water industries, where sustainability is starting to become a significant deciding factor when getting a supply. The use of green products as a supply chain strategy is advantageous and has an impact on growth and competitive advantage in hose manufacturing since it entails the use of environmentally friendly raw materials and production techniques to help in the development of sustainable standards that meet the legal demands of the market.

Hoses Market Segment Analysis:

Hoses Market is segmented on the basis of Type, Media and Material.

By Type, Spiral Wire Hydraulic Hose segment is expected to dominate the market during the forecast period

• The hoses market in the Specialty and Custom Hydraulic Hoses segment is expected to experience significant growth because of the versatility of the product range and their ability to address numerous applications in various end-user industries. Spiral wire hydraulic hoses are recognized due to their high pressure capacity, strength and their ability to renew in extreme working conditions, situations such as construction, mining, and industrial products and machines etc. The construction of these hoses incorporates several spirals of wires while others are composed of spirals, hence more robust and flexible – qualities highly helpful in hydraulic systems of high performance.
• The higher investments made in infrastructure & construction together with the rising requirements made in hydraulic industry for improved performing and reliable hydraulic hoses will continue to fuel the growth for the spiral wire hydraulic hoses market. With industries focusing more on productivity and safety of the machinery, the demand for such durable hose solutions will remain with spirals such as the spiral wire hydraulic hoses and hence propel the market in the coming years.

By Media, Hydraulic Hoses segment expected to held the largest share

• Within the hoses market end user, the hydraulic hoses segment is expected to dominate the media type segment. Hydraulic hoses are used in hydraulic systems where they play an important role of connecting the hydraulic fluid from one part of the mechine/non-mechine to another. Non-reinforced hydraulic hoses are essential in applications for high pressure fluid conveying, for usage in construction equipment, industrial equipment, agricultural implements, motor vehicles among others. Such demanding sectors as oil and gas, automotive manufacturing, and engineering, which continue the process of industrialization and infrastructure development, remain the primary market for hydraulic hoses.
• Furthermore, the increasing opportunities for the flexibility, higher pressure ratings, among others that hydraulic hose technology offers along with exceptional features including flexibility, abrasion and chemical resistance all contribute to the growing embrace of hydraulic hoses. Hydraulic hoses have always dominated the market since many industries depend on hydraulic systems for better fluid conveyance, and it is expected to continue this run heading into the future.

Hoses Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

• North America is anticipated to emerge as the largest market for hoses during the period under consideration due to enthusiastic industrialization in the region and impressive investments being made in the improvement of its infrastructural framework. The factors driving the demand for various types of hoses are the effects of features of the automotive manufacturing industry, construction activities in the region and efficient utilization of advanced technologies in agriculture from Europe. Also noteworthy is that many region’s companies still invest heavily in research and development as well as in implementation of progressive technologies and production processes which help to improve quality and further characteristics of hoses.
• Other key actors in the market are also capitalizing on trending capabilities on smart technologies by incorporating sensors, and IoT features in their hose products to suit the dynamic market demand. . The regulatory environment of North American countries incorporates the requirement and standards for production and use of sustainable hoses and, hence, remains a strong market prospect for manufacturers and suppliers of hoses .

Active Key Players in the Hoses Market

• Parker Hannifin Corporation (USA)
• Eaton Corporation (Ireland)
• Gates Corporation (USA)
• Continental AG (Germany)
• Bridgestone Corporation (Japan)
• Manuli Hydraulics (Italy)
• Hansa-Flex AG (Germany)
• Trelleborg AB (Sweden)
• Semperit AG Holding (Austria)
• RYCO Hydraulics (Australia)
• Other key Players

Key Industry Developments in The Hoses Market:

• In February 2024, Gates launched the Clean Master Plus hose platform, designed for high-pressure applications in industrial environments. This next-generation hose is 22% lighter and 50% more flexible than existing hoses, operating at up to 6,000 psi, three times more than the average pressure washer hose. It also improves ergonomics, and safety, reduces worker fatigue, and increases productivity. The Clean Master Plus hose is part of Gates' industrial hose lineup.

• In June 2023, Parker Polymer Hose Division Europe launched the 85CE-PDP crimper power unit, a new addition to its portable crimper power unit range. This unit offers an efficient and flexible method of crimping hose anywhere, independent of power and air supplies. It is suitable for use in agriculture, forestry, construction, and mobile hydraulic applications, and can be used without special power units, other power sources, or air supply. The 85CE-PDP works with any commercially available cordless screwdriver, making it suitable for various applications. The unit is compatible with existing crimping tools from Parker Hannifin.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. HOSES MARKET BY TYPE (2017-2032)
   1. HOSES MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. SPIRAL WIRE HYDRAULIC HOSE
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. WIRE BRAIDED HYDRAULIC HOSE
7. HOSES MARKET BY MEDIA (2017-2032)
   1. HOSES MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. HYDRAULIC HOSES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. AIR AND GAS HOSES
   5. MATERIAL HANDLING HOSES
   6. STEAM HOSES
   7. SWEEPER/ VACUUM HOSES
   8. OTHERS
8. HOSES MARKET BY MATERIAL (2017-2032)
   1. HOSES MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. RUBBER HOSES
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017 – 2032F)
      3. Historic And Forecasted Market Size in Volume (2017 – 2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. PLASTIC/POLYMER HOSES
   5. METAL HOSES
   6. COMPOSITE HOSES
   7. SILICON HOSES
   8. OTHERS
9. COMPANY PROFILES AND COMPETITIVE ANALYSIS
   1. COMPETITIVE LANDSCAPE
      1. Competitive Positioning
      2. Hoses Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
   2. PARKER HANNIFIN CORPORATION (USA)
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
   3. EATON CORPORATION (IRELAND)
   4. GATES CORPORATION (USA)
   5. CONTINENTAL AG (GERMANY)
   6. BRIDGESTONE CORPORATION (JAPAN)
   7. MANULI HYDRAULICS (ITALY)
   8. HANSA-FLEX AG (GERMANY)
   9. TRELLEBORG AB (SWEDEN)
   10. SEMPERIT AG HOLDING (AUSTRIA)
   11. RYCO HYDRAULICS (AUSTRALIA)
10. GLOBAL HOSES MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Type
       4. Historic And Forecasted Market Size By Media
       5. Historic And Forecasted Market Size By Material
       6. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
11. INVESTMENT ANALYSIS
12. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies