North America Industrial Hoses Market to Exhibit a Remarkable Growth of USD 6,514.44 Million with Growing CAGR of 6.4% by 2030

PRESS RELEASE
Published August 11, 2023

Data Bridge Market Research analyzes that the North America Industrial Hoses Market is expected to reach a value of USD 6,514.44 million by 2030, at a CAGR of 6.4% during the forecast period. This market report also comprehensively covers pricing analysis, patent analysis, and technological advancements.

Industrial hoses are widely used in various industry verticals for their wide offerings. These hoses operate in adverse surroundings causing damages such as abrasion, rupture, and premature failure. Working in these conditions makes it important to select the type of hose needed for the application correctly. For high-pressure transfer, hydraulic hoses are most suitable and operate on millions of Psi pressure. The oil and gas sector uses hoses to transfer fuels and gases and requires high-quality build hoses to meet the standard specifications and safety. The usage of hose caters to a wide range of applications, thus becoming an essential element to various industry verticals.

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North America Industrial Hoses Market Analysis:

This North America Industrial Hoses Market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the North America Industrial Hoses market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Key players operating in the North America Industrial Hoses market include:

Some of the major players operating in the North America industrial hoses market are Eaton, PARKER HANNIFIN CORP, RYCO Hydraulics, Kurt Manufacturing, NORRES Schlauchtechnik GmbH, Transfer Oil S.p.A, ContiTech AG (A Subsidiary of Continental AG), Kanaflex Corporation Co.,ltd., Pacific Echo, Colex International Limited, UK, Gates Corporation, Semperit AG Holding, Dixon Valve & Coupling Company, LLC and Titan Fittings among others.

Recent Developments

  • In July 2021, NORRES Schlauchtechnik GmbH, a manufacturer, developer and distributor of flexible hose system solutions, acquired Baggerman Group (“Baggerman”), a manufacturer and distributor of industrial hoses, couplings and accessories. This acquisition would help the company to increase its North America presence and also help expand the market.
  • In September 2020, KURIYAMA OF AMERICA company developed a new product called Tigerflex Tiger Aquaâ” Suction and Discharge Hose. This new addition of a product would not only improve the product portfolio of the company but also help in boosting overall sales.

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North America Industrial Hoses Market Segmentations:

By Type

  • Hydraulic Hoses
  • WRAS Hoses
  • Oil Resistant Hoses
  • Layflat Hoses
  • Stripwound and Corrugated Hoses
  • Thermo-Duct
  • Others

By Material Type

  • Silicone
  • Polyvinyl Chloride
  • Polyurethane
  • Nitrile Rubber
  • Elastomers
  • Thermoplastics
  • Metal
  • Composite
  • Others

By Media

  • Oil
  • Water
  • Gas

By Wire Type

  • Spiral Wire
  • Wire Braided

By Pressure

  • Low Pressure (Less Than 3000 Psi)
  • Medium Pressure (Between 3000 To 6000)
  • High Pressure (More Than 6000)

By Industry

  • Automotive
  • Pharmaceuticals
  • Oil And Gas
  • Food And Beverages
  • Water
  • Mining
  • Agriculture
  • Others

North America Industrial Hoses Market Country Level Analysis

The countries covered in this market report are the U.S., Canada, and Mexico. The U.S. dominates in the North America region due to the high demand for industrial hoses. Additionally, the high demand for PVC hose materials is expected to act as a driving factor for market growth.

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 downstream and upstream value chain analysis, technical trends, porter’s five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

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Table of Content: North America Industrial Hoses Market

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Market Overview
  6. North America Industrial Hoses Market, By Types
  7. North America Industrial Hoses Market, By Application
  8. North America Industrial Hoses Market, By End User
  9. North America Industrial Hoses Market, Company Landscape
  10. SWOT Analysis
  11. Company Profile
  12. Questionnaire
  13. Related Reports

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