The overall industrial hose market is expected to grow from $10.2 billion in 2020 to $16.4 billion in 2025. It is expected to grow at an annual average of 9% for 2020-2025. Key factors driving the growth of this market are the growing demand for robust industrial hoses for critical applications in several industries, increasing infrastructure-related development, and increasing demand for PVC materials. To prevent catastrophic accidents and ensure smooth material handling even in extreme environments/operating conditions, the demand for robust industrial hoses is increasing worldwide. Hence, industrial hoses for efficient industrial operation in COVID-19 environments in a variety of industries such as pharmaceutical, agriculture, chemical, oil, and gas.
A full report of Industrial Hose Market is available at https://www.orionmarketreports.com/industrial-hose-market/30351/
Industrial Hose Market Key Segments:
By Material
• Natural Rubber
• Nitrile Rubber
• PVC
• Silicone
• Polyurethane
• Others (EPDM, UPE)
By Media Type
• Water
• Oil
• Hot Water and Steam
• Air and Gas
• Food and Beverage
• Chemical
By Industry:
• Automotive
• Infrastructure
• Oil & Gas
• Pharmaceuticals
• Food & Beverages
• Water & Wastewater
• Chemicals
• Mining
• Agriculture
• Others
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Industrial Hose Market Report
• What was the Industrial Hose Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of the Industrial Hose Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the Industrial Hose Market were the market leader in 2018?
• Overview of the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
