2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Major Market Drivers Are Expected to Boost the Growth Potential of the Industrial Hose Market?

The industrial hose market is anticipated to expand due to accelerated urbanization. This phenomenon denotes an increase in the population residing in cities and towns. Industrial hoses, used for pressurized water discharge among other things, are particularly needed in urban settings. As an illustration, in July 2023, the UN-Habitat, a United Nations agency based in Kenya that focuses on human settlements, revealed that more than half (55%) of the world’s inhabitants live in urban regions, a statistic projected to rise to 70% by 2050. Additionally, in April 2023, the World Bank, an American international finance entity, stated that currently over 50% of the global populace lives in city regions. Consequently, the steep rise in urbanization is fueling the growth of the industrial hose market.

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#What Long-Term Growth Rate is Expected for theIndustrial Hose Market Between 2025 and 2034?

Over the recent years, there has been a significant increase in the size of the industrial hose market. The market value is projected to escalate from $14.2 billion in 2024 to $15.24 billion in 2025, with a compound annual growth rate (CAGR) of 7.4%. The substantial growth observed in the past can be linked to factors such as the surge in international trade activity, infrastructure evolution, advancement in the automotive industry, expansion in oil and gas exploration, and the progress of the agricultural sector.

In the upcoming years, the industrial hose market is anticipated to witness substantial growth, escalating to $20.23 billion by 2029, with a compound annual growth rate (CAGR) of 7.3%. This growth during the forecast period is likely due to the rise of e-commerce, expansion of renewable energy, escalating automation, advancements in biotechnology, and an enhanced focus on effective waste management. The forecast period may also show trends such as the incorporation of IoT, tailored and specialty hoses, the use of bio-based materials, digital twins, and a heightened emphasis on ergonomics.

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What Are the Key Market Innovations in theIndustrial Hose Market Over the Coming Years?

Technological advancements are increasingly shaping trends in the industrial hose market. To maintain their market presence, leading players are introducing new products enhanced with cutting-edge technologies. For example, Niedner Inc, a Canadian firm known for creating efficient fluid transport solutions, launched ALTRA 3D in April 2022. This innovative hose technology, which is double-jacketed, is ideal for high-pressure scenarios and proves to be dependable for industrial usage. The technology guarantees safety and protection against corrosion across various industrial sectors. The unique 3D circular woven pattern of ALTRA 3D hose helps to prevent wrinkling and snaking, while also offering the advantages of a double-jacketed hose. Given its distinctive qualities, ALTRA 3D is a promising choice for the transfer of fluids such as water, minerals, slurry, oil, gas, chemicals, and more under severe environmental conditions.

Who Are the Top Companies Driving Innovation and Growth in theIndustrial Hose Market?

Major companies operating in the industrial hose market include Continental AG, Bridgestone Corporation, Eaton Corporation plc, Parker Hannifin Corporation, Trelleborg AB, Saint-Gobain S.A., Gates Industrial Corporation plc, Semperit AG Holding, Alfagomma S.p.A., Polyhose India Pvt. Ltd., Kuriyama of America Inc., Hose Master Inc., Norres Schlauchtechnik GmbH, Flexaust Co. Inc., RYCO Hydraulics Pty Ltd., Kanaflex Corporation Co. Ltd., Abbott Rubber Company Inc., PIRTEK USA, Transfer Oil S.p.A., Dantec Ltd., Flexicraft Industries, Salem-Republic Rubber Company, Amnitec Ltd., Anamet Europe B.V., Colex International Limited, Novaflex Group, Pacific Echo Inc., Goodall Rubber Company, Elaflex Hiby Tanktechnik GmbH & Co. KG, Flextral, HoseXpress, JGB Enterprises Inc., NewAge Industries Inc., Pacific Hoseflex Pty Ltd., Penflex Corporation, Senior Flexonics Inc., Swagelok Company, Texcel Infotech Pvt Ltd., United Flexible Inc.

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Which Key Market Segments Comprise the Industrial Hose Market and Drive Its Revenue Growth?

The industrial hose market covered in this report is segmented –

1) By Type: Hydraulic Hoses, Layflat Hose, Wras Hose, Oil Resistant Hose, Corrugated Hoses, Stripwound, Thermo-Duct, Other Types

2) By Material Type: Rubber, Polyurethane, Polyvinyl Chloride, Metal, Thermoplastics, Composite, Silicone, Other Material Types

3) By Wire Type: Wire Braided, Spiral Wire

4) By Pressure: Low Pressure (Less Than 3000 Psi), Medium Pressure (Between 3000 to 6000), High Pressure (More Than 6000)

5) By Industry: Oil And Gas, Water, Agriculture, Food And Beverages, Pharmaceuticals, Automotive, Mining, Other Industries

Subsegments:

1) By Hydraulic Hoses: High-Pressure Hydraulic Hoses, Low-Pressure Hydraulic Hoses

2) By Layflat Hose: PVC Layflat Hose, Rubber Layflat Hose

3) By WRAS Hose: WRAS Approved Rubber Hoses, WRAS Approved PVC Hoses

4) By Oil Resistant Hose: Oil Resistant Rubber Hoses, Oil Resistant PVC Hoses

5) By Corrugated Hoses: Stainless Steel Corrugated Hoses, PTFE Corrugated Hoses

6) By Stripwound: Metal Stripwound Hoses, Plastic Stripwound Hoses

7) By Thermo-Duct: Thermal Insulation Ducts, High-Temperature Ducts

8) By Other Types: Specialty Hoses, Suction And Discharge Hoses, Food And Beverage Hoses

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Which Regions Are Emerging as Leaders in the Industrial Hose Market?

Asia-Pacific was the largest region in the industrial hose market in 2024. The regions covered in the industrial hose market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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