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NEWSThe Industrial Hose Market2019-2027The global industrial hose market accounted for$10.89 billion in 2018 and is expected to reach$21.12 billion by 2027 growing at a CAGR of 7.6%during the forecast period.Increasing demand for polyvinyl chloride (PVC)and rising infrastructure-related developmentsare the factors driving the market. However, thelack of technical know-how of industrial hoses ishampering market growth.A hose is a flexible and often reinforced vesselused to transfer fluids from one location toanother. Industrial hose covers the broadspectrum of fluid transfer lines, including flowlines for fluids and gases in pneumatic, hydraulic,or process applications, as well as specialized usesin heavy industry such as mining, geotechnical,and construction. Industrial hose is usuallyapplication-specific; consultation with hosemanufacturers regarding specific applications istypical.By material, the polyurethane segment is likely tohave a huge demand during the forecast period.Polyurethane is a plastic material, which exists invarious forms. It can be tailored to be either rigidor flexible and is the material of choice for a broadrange of end-user applications, such as buildinginsulation, composite wood panels, insulation ofrefrigerators and freezers, and car parts. They haveexceptional resistance to gasoline, oil, kerosene,and other petroleum-based products, makingthem suitable for use in industries, such as oil &gas, chemicals, mining, food & beverages, andagriculture.152
Based on geography, Asia Pacific is estimated to have a lucrative growth during the forecast period.APAC is a potential market for industrial hoses owing to increasing urbanization, increasing demand forautomobiles, a modernization of agricultural processes. High population density and growing per capitalincome of this region, along with large-scale industrialization and urbanization, are the driving factors forthe growth of the market.Global Industrial Hose Market, By Material• Polyvinyl Chloride (PVC)• Polyurethane• Silicone• Rubber• Nitrile Rubber• Natural Rubber• Other Materials• Ethylene Propylene Diene Monomers (EPDM)• Ultra High Molecular Weight Polyethylene (upe)Global Industrial Hose Market, By End User• Infrastructure• Food & Beverages• Pharmaceuticals• Oil & Gas• Automotive• Chemicals• Mining• Water & Wastewater• Agriculture• Construction• Industrial Manufacturing• Steel WorksGlobal Industrial Hose Market, By Media• Water• Chemical• Oil• Hot Water and Steam• Air and Gas• Food and BeverageList of Industrial Hose Suppliers• Gates Industrial Corporation PLC• RYCO Hydraulics• Transfer Oil S.P.A.• Eaton Corporation PLC• Parker Hannifin Corporation• Piranha Hose Products, Inc.• Kurt Manufacturing• NORRES Schlauchtechnik MBH• Colex International Ltd.• Kanaflex• United Flexible• Semperit AG Holding• Campbell Fittings, Inc.• Continental AG•Trelleborg AB253
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GineersNow Oil Spill, Feb2020 chemical, crude, fuel, drilling, exploration, LNG, energy, offshore, onshore, petroleum, lubricant, petrochemical, energy, refineries, upstream, midstream, downstream

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