Lucintel Forecasts Global Industrial Hoses Market to Reach $19.3 billionby 2030.


Posted September 15, 2023 by Lucintel

According to a market report by Lucintel, the future of the global industrial hoses market looks promising with opportunities in the automotive, infrastructure, oil & gas, pharmac

 
"According to a market report by Lucintel, the future of the global industrial hoses market looks promising with opportunities in the automotive, infrastructure, oil & gas, pharmaceuticals, food & beverages, water & wastewater, chemicals, mining, and agriculture sectors. The global industrial hoses market is expected to reach an estimated $19.3 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are expanding number of infrastructural development, significant use of this product for transferring chemical products, and increasing demand for PVC based hoses.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in industrial hoses market to 2030 by media type (water, oil, hot water and steam, air and gas, food & beverage, and chemical), material (natural rubber, nitrile rubber, pvc, silicone, polyurethane, and others), end use industry (automotive, infrastructure, oil & gas, pharmaceuticals, food & beverages, water & wastewater, chemicals, mining, agriculture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, water, oil, hot water and steam, air and gas, food & beverage, and chemicalare the major segments of industrial hoses market by media type. Lucintel forecast that chemical is expected to witness highest growth over the forecast period.
Within this market, automotive will remain the largest segment.
APAC is expected to witness highest growth over the forecast period.
Colex International, Continental AG, Eaton, Flexaust, Gates, Kuriyama of America, Kurt Manufacturing, NORRES, Parker-Hannifin, RYCO Hydraulics are the major suppliers in the industrial hoses market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By lucintel
Country United States
Categories Marketing
Tags industrial hoses market
Last Updated September 15, 2023