Product Code: TIPRE00007078
The Industrial Hose Market size is expected to reach US$ 27.40 billion by 2031 from US$ 14.66 billion in 2024. The market is estimated to register a CAGR of 9.6% during 2025-2031. The development of innovative materials in hose manufacturing is likely to bring new trends to the market in the coming years.
Extensive Applications of Industrial Hoses in the Automotive Industry is Driving the Industrial Hose Market Growth
The automotive industry requires a variety of industrial tools in the production of a vehicle. Industrial hoses are essential in the production facility of vehicles. They are used in a broad range of manufacturing procedures, including transportation of fuel and lubricants.
The continuous introduction of new vehicle models and the need for advanced manufacturing procedures propel the demand for industrial hoses. According to the data published by the International Organization of Motor Vehicle Manufacturers in 2023, the global automotive production volume is expected to increase from 93.5 million in 2023 to 100 million by 2030. This growth is mainly driven by the soaring adoption of electric vehicles and technological advancements. Currently, electric vehicle accounts for 16% of the total global vehicle sales, by 2030, this penetration is projected to reach approximately 50%. As per the data published by Edison Electric Institute in October 2024, the annual sales of electric vehicles are projected to reach approximately 8 million by 2030, accounting for 46% of total light commercial vehicle sales. The US is the largest manufacturer of automobiles. The burgeoning demand for automotive vehicles propels investments in the automotive sector in the country. In February 2024, Schaeffler announced the expansion of its operations in the US with the addition of a new manufacturing facility concentrating on fabricating automotive electric mobility solutions. The company planned an investment of over US$ 230 million for the establishment of an advanced manufacturing facility in Ohio, US, along with its future expansion until 2032. Major automotive manufacturing plants in the US include Huntsville, General Motors Company's Detroit/Hamtramck Assembly, Flint Truck Assembly, Lansing Delta Township Assembly, Orion Assembly, Ford Motor Company's Flat Rock Assembly Plant, Dearborn Truck, and Michigan Assembly Plant. Thus, rapid growth in automotive industry with a surge in investments by private players is expected to create future growth opportunities for the industrial hose market.
In China, multinational companies are expanding their production capabilities through investments in production and R&D capabilities. In April 2024, the BMW Group, a German carmaker, announced an investment of ~US$ 2.81 billion for the expansion of its production capabilities in Shenyang city in northeastern China. In September 2024, Schneider Electric, a French company, started expanding its production capacity in Shanghai. In September 2024, Intel Corporation unveiled the expansion plan of its chip manufacturing capacity base in Chengdu, southwest China, with an investment of US$ 300 million in its expansion capabilities. Industrial hoses are essential components of material handling, transfer, and other processes in industrial facilities. Thus, rapid industrialization with a surge in investments by governments is expected to create future growth opportunities for the industrial hose market.
Eaton Corporation; Novaflex Inc.; Parker Hannifin Corp; Kuriyama of America Inc.; Gates Corporation; Norres; ALFA GOMMA Spa; Sinopulse; Fu Sheng Rubber & Plastic Ind. Co., Ltd.; and Semperit AG are a few of the key players profiled in the industrial hose market report. Other major players were also studied and analyzed in the report to get a holistic view of the market and its ecosystem. The industrial hose market forecast can help stakeholders plan their growth strategies. The market analysis provides detailed market insights, which help the key players strategize their growth.
Table Of Contents
1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
2. Executive Summary
- 2.1 Analyst Market Outlook
- 2.2 Market Attractiveness
3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:
4. Industrial Hose Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 Raw Material Providers:
- 4.3.2 Industrial Hose Manufacturers and Distributors:
- 4.3.3 End Users:
- 4.3.4 List of Vendors in the Value Chain
- 4.4 Import Export Analysis, 2023 (Trade Value: US$ Thousand)
- 4.4.1 Import Export Analysis, 2023 - Tubes, Pipes and Hoses, Rigid, of other plastic (391729), (Trade Value: US$ Thousand), (Quantity in Kg)
- 4.4.2 Import Export Analysis, 2023 - Tubes, Pipes and Hoses, of Vulcanized Rubber (400950), (Trade Value: US$ Thousand), (Quantity in Kg)
- 4.5 ESG Outlook
- 4.5.1 Environmental Factors:
- 4.5.2 Social Factors:
- 4.5.3 Governance Factors:
5. Industrial Hose Market - Key Market Dynamics
- 5.1 Industrial Hose Market - Key Market Dynamics
- 5.1.1 Surging Demand in Food and Beverages Industry
- 5.1.2 Increasing Investments in Manufacturing Sector
- 5.1.3 Rising Investments in Water Treatment Plants Globally
- 5.1.4 Extensive Applications of Industrial Hoses in the Automotive Industry
- 5.2 Market Restraints
- 5.2.1 Fluctuating Raw Material Prices
- 5.3 Market Opportunities
- 5.3.1 Soaring Government Investments in Efficient Sewer and Drain Infrastructure
- 5.3.2 Burgeoning Government and Private Investments for the Industrial Development
- 5.4 Future Trends
- 5.4.1 Development of Innovative Materials in Hose Manufacturing
- 5.5 Impact of Drivers and Restraints:
6. Industrial Hose Market - Global Market Analysis
- 6.1 Industrial Hose Market Revenue (US$ Million), 2021-2031
- 6.2 Industrial Hose Market Forecast Analysis
7. Industrial Hose Market Analysis - by Material Type
- 7.1 Rubber
- 7.1.1 Overview
- 7.1.2 Rubber: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 7.2 PVC
- 7.2.1 Overview
- 7.2.2 PVC: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 7.3 Polyurethane
- 7.3.1 Overview
- 7.3.2 Polyurethane: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 7.4 Silicone
- 7.4.1 Overview
- 7.4.2 Silicone: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 7.5 Others
- 7.5.1 Overview
- 7.5.2 Others: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
8. Industrial Hose Market Analysis - by Industry Vertical
- 8.1 Automotive
- 8.1.1 Overview
- 8.1.2 Automotive: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 8.2 Water and Wastewater
- 8.2.1 Overview
- 8.2.2 Water and Wastewater: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 8.3 Oil and Gas
- 8.3.1 Overview
- 8.3.2 Oil and Gas: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 8.4 Chemicals
- 8.4.1 Overview
- 8.4.2 Chemicals: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 8.5 Infrastructure
- 8.5.1 Overview
- 8.5.2 Infrastructure: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 8.6 Food and Beverages
- 8.6.1 Overview
- 8.6.2 Food and Beverages: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 8.7 Agriculture
- 8.7.1 Overview
- 8.7.2 Agriculture: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 8.8 Mining
- 8.8.1 Overview
- 8.8.2 Mining: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
- 8.9 Others
- 8.9.1 Overview
- 8.9.2 Others: Industrial Hose Market - Revenue and Forecast to 2031 (US$ Million)
9. Industrial Hose Market - Geographical Analysis
- 9.1 Overview
- 9.2 North America
- 9.2.1 North America Industrial Hose Market Overview
- 9.2.2 North America: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.2.3 North America: Industrial Hose Market Breakdown, by Material Type
- 9.2.3.1 North America: Industrial Hose Market - Revenue and Forecast Analysis - by Material Type
- 9.2.4 North America: Industrial Hose Market Breakdown, by Industry Vertical
- 9.2.4.1 North America: Industrial Hose Market - Revenue and Forecast Analysis - by Industry Vertical
- 9.2.5 North America: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.2.5.1 North America: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.2.5.2 United States: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.2.5.2.1 United States: Industrial Hose Market Breakdown, by Material Type
- 9.2.5.2.2 United States: Industrial Hose Market Breakdown, by Industry Vertical
- 9.2.5.3 Canada: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.2.5.3.1 Canada: Industrial Hose Market Breakdown, by Material Type
- 9.2.5.3.2 Canada: Industrial Hose Market Breakdown, by Industry Vertical
- 9.2.5.4 Mexico: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.2.5.4.1 Mexico: Industrial Hose Market Breakdown, by Material Type
- 9.2.5.4.2 Mexico: Industrial Hose Market Breakdown, by Industry Vertical
- 9.3 Europe
- 9.3.1 Europe Industrial Hose Market Overview
- 9.3.2 Europe: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.3.3 Europe: Industrial Hose Market Breakdown, by Material Type
- 9.3.3.1 Europe: Industrial Hose Market - Revenue and Forecast Analysis - by Material Type
- 9.3.4 Europe: Industrial Hose Market Breakdown, by Industry Vertical
- 9.3.4.1 Europe: Industrial Hose Market - Revenue and Forecast Analysis - by Industry Vertical
- 9.3.5 Europe: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.3.5.1 Europe: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.3.5.2 Germany: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.3.5.2.1 Germany: Industrial Hose Market Breakdown, by Material Type
- 9.3.5.2.2 Germany: Industrial Hose Market Breakdown, by Industry Vertical
- 9.3.5.3 France: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.3.5.3.1 France: Industrial Hose Market Breakdown, by Material Type
- 9.3.5.3.2 France: Industrial Hose Market Breakdown, by Industry Vertical
- 9.3.5.4 Italy: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.3.5.4.1 Italy: Industrial Hose Market Breakdown, by Material Type
- 9.3.5.4.2 Italy: Industrial Hose Market Breakdown, by Industry Vertical
- 9.3.5.5 United Kingdom: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.3.5.5.1 United Kingdom: Industrial Hose Market Breakdown, by Material Type
- 9.3.5.5.2 United Kingdom: Industrial Hose Market Breakdown, by Industry Vertical
- 9.3.5.6 Russia: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.3.5.6.1 Russia: Industrial Hose Market Breakdown, by Material Type
- 9.3.5.6.2 Russia: Industrial Hose Market Breakdown, by Industry Vertical
- 9.3.5.7 Rest of Europe: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.3.5.7.1 Rest of Europe: Industrial Hose Market Breakdown, by Material Type
- 9.3.5.7.2 Rest of Europe: Industrial Hose Market Breakdown, by Industry Vertical
- 9.4 Asia Pacific
- 9.4.1 Asia Pacific Industrial Hose Market Overview
- 9.4.2 Asia Pacific: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.4.3 Asia Pacific: Industrial Hose Market Breakdown, by Material Type
- 9.4.3.1 Asia Pacific: Industrial Hose Market - Revenue and Forecast Analysis - by Material Type
- 9.4.4 Asia Pacific: Industrial Hose Market Breakdown, by Industry Vertical
- 9.4.4.1 Asia Pacific: Industrial Hose Market - Revenue and Forecast Analysis - by Industry Vertical
- 9.4.5 Asia Pacific: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.4.5.1 Asia Pacific: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.4.5.2 Australia: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.4.5.2.1 Australia: Industrial Hose Market Breakdown, by Material Type
- 9.4.5.2.2 Australia: Industrial Hose Market Breakdown, by Industry Vertical
- 9.4.5.3 China: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.4.5.3.1 China: Industrial Hose Market Breakdown, by Material Type
- 9.4.5.3.2 China: Industrial Hose Market Breakdown, by Industry Vertical
- 9.4.5.4 India: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.4.5.4.1 India: Industrial Hose Market Breakdown, by Material Type
- 9.4.5.4.2 India: Industrial Hose Market Breakdown, by Industry Vertical
- 9.4.5.5 Japan: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.4.5.5.1 Japan: Industrial Hose Market Breakdown, by Material Type
- 9.4.5.5.2 Japan: Industrial Hose Market Breakdown, by Industry Vertical
- 9.4.5.6 South Korea: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.4.5.6.1 South Korea: Industrial Hose Market Breakdown, by Material Type
- 9.4.5.6.2 South Korea: Industrial Hose Market Breakdown, by Industry Vertical
- 9.4.5.7 Rest of APAC: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.4.5.7.1 Rest of APAC: Industrial Hose Market Breakdown, by Material Type
- 9.4.5.7.2 Rest of APAC: Industrial Hose Market Breakdown, by Industry Vertical
- 9.5 Middle East and Africa
- 9.5.1 Middle East and Africa Industrial Hose Market Overview
- 9.5.2 Middle East and Africa: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.5.3 Middle East and Africa: Industrial Hose Market Breakdown, by Material Type
- 9.5.3.1 Middle East and Africa: Industrial Hose Market - Revenue and Forecast Analysis - by Material Type
- 9.5.4 Middle East and Africa: Industrial Hose Market Breakdown, by Industry Vertical
- 9.5.4.1 Middle East and Africa: Industrial Hose Market - Revenue and Forecast Analysis - by Industry Vertical
- 9.5.5 Middle East and Africa: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.5.5.1 Middle East and Africa: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.5.5.2 South Africa: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.5.5.2.1 South Africa: Industrial Hose Market Breakdown, by Material Type
- 9.5.5.2.2 South Africa: Industrial Hose Market Breakdown, by Industry Vertical
- 9.5.5.3 Saudi Arabia: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.5.5.3.1 Saudi Arabia: Industrial Hose Market Breakdown, by Material Type
- 9.5.5.3.2 Saudi Arabia: Industrial Hose Market Breakdown, by Industry Vertical
- 9.5.5.4 United Arab Emirates: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.5.5.4.1 United Arab Emirates: Industrial Hose Market Breakdown, by Material Type
- 9.5.5.4.2 United Arab Emirates: Industrial Hose Market Breakdown, by Industry Vertical
- 9.5.5.5 Rest of Middle East and Africa: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.5.5.5.1 Rest of Middle East and Africa: Industrial Hose Market Breakdown, by Material Type
- 9.5.5.5.2 Rest of Middle East and Africa: Industrial Hose Market Breakdown, by Industry Vertical
- 9.6 South and Central America
- 9.6.1 South and Central America Industrial Hose Market Overview
- 9.6.2 South and Central America: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.6.3 South and Central America: Industrial Hose Market Breakdown, by Material Type
- 9.6.3.1 South and Central America: Industrial Hose Market - Revenue and Forecast Analysis - by Material Type
- 9.6.4 South and Central America: Industrial Hose Market Breakdown, by Industry Vertical
- 9.6.4.1 South and Central America: Industrial Hose Market - Revenue and Forecast Analysis - by Industry Vertical
- 9.6.5 South and Central America: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.6.5.1 South and Central America: Industrial Hose Market - Revenue and Forecast Analysis - by Country
- 9.6.5.2 Brazil: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.6.5.2.1 Brazil: Industrial Hose Market Breakdown, by Material Type
- 9.6.5.2.2 Brazil: Industrial Hose Market Breakdown, by Industry Vertical
- 9.6.5.3 Argentina: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.6.5.3.1 Argentina: Industrial Hose Market Breakdown, by Material Type
- 9.6.5.3.2 Argentina: Industrial Hose Market Breakdown, by Industry Vertical
- 9.6.5.4 Rest of South and Central America: Industrial Hose Market - Revenue, 2021 - 2031 (US$ Million)
- 9.6.5.4.1 Rest of South and Central America: Industrial Hose Market Breakdown, by Material Type
- 9.6.5.4.2 Rest of South and Central America: Industrial Hose Market Breakdown, by Industry Vertical
10. Competitive Landscape
- 10.1 Heat Map Analysis by Key Players
- 10.2 Company Market Share Analysis, 2024
11. Industry Landscape
- 11.1 Overview
- 11.2 Market Initiative
- 11.3 Product Development
- 11.4 Mergers & Acquisitions
12. Company Profiles
- 12.1 Eaton Corp Plc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.2 Novaflex Inc
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
- 12.3 Parker Hannifin Corp
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
- 12.4 KURIYAMA OF AMERICA INC.
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
- 12.5 Gates Corporation
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
- 12.6 Norres
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
- 12.7 ALFA GOMMA Spa
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
- 12.8 Sinopulse
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
- 12.9 Fu Sheng Rubber & Plastic Ind. Co., Ltd.
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
- 12.10 Semperit AG Holding
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
13. Appendix
- 13.1 About The Insight Partners