Rubber hose Market is a flexible cylindrical hollow tube, also known as rubber pipe, that is used primarily to carry fluids. The advantages of rubber hoses over conventional metal pipes are strong adhesion, good abrasion resistance, oil resistance, erosion resistance, ozone resistance, and oxidation resistance. In addition, it has good comprehensive performance, low plasticity, and high elasticity property. They are produced by crafting vulcanized rubber as well as synthetic polymers. The rubber hose is used for transport of water, fuel, air, and the constructional constituents.
The factors such as government initiative for water conservation and growth in infrastructure are the key drivers of the global rubber hose market. However, factors such as low temperature resistance, low insulation performance, long lead time, and lack of product differentiation of rubber hoses are expected to restrain the growth of the market. Moreover, government focus on farm irrigation and increase in modernization of agricultural processes are anticipate to provide lucrative growth opportunity for the market growth.
The global rubber hose market is segmented as type, pressure rating, application, end use industry, and region. Based on type, the market is bifurcated into natural rubber and synthetic rubber. According to pressure rating, it is classified into low, medium, and high. On the basis of application, the rubber hose market is categorized into home, commercial, industrial, and municipal. By end-use industry, it is segmented into oil & gas, automotive, hydraulic, agriculture, food & beverages, chemicals, infrastructure, and others. Agriculture is major end user of global rubber hose market, because rubber hoses are widely used for irrigation purpose.
Geographically, the rubber hose market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is dominating global rubber hose market due to growth of end use industry such as agriculture, infrastructure, and automotive in countries such as Japan, India, and China.
The key players operating in the global rubber hose market are Parker Hannifin Corp., Lomoflex Company Limited, Teknikum Oy, Harrison Hose & Tubing Inc., Anchor Rubber Products LLC, Goodall Hoses, NewAge Industries Inc., Abbott Rubber Company Inc., Kuriyama Holdings Corporation, and Goodflex Rubber Co. Ltd. The major players have acquired various strategies such as acquisitions, partnerships, collaboration, joint ventures, agreements, expansions, and new product launches to create a strong consumer base in the market.
Key Benefits for Rubber Hose Market:
- The rubber hose market size has been analyzed across all regions.
- Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- The report outlines the current rubber hose market trends and future scenario of the market size to understand the prevailing opportunities and potential investment pockets. The market is forecasted.
- Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
- The key drivers, restraints, and rubber hose market opportunities and their detailed impact analysis are elucidated in the study.
- The rubber hose market analysis covers in-depth information of major industry participants.
Rubber Hose Market Report Highlights
Aspects | Details |
By Type |
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By PRESSURE RATING |
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By APPLICATION |
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By END-USE INDUSTRY |
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By Region |
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Key Market Players | NewAge Industries Inc., Kuriyama Holdings Corporation, Teknikum Oy, Goodall Hoses, Abbott Rubber Company Inc., Goodflex Rubber Co. Ltd., Anchor Rubber Products LLC, Lomoflex Company Limited, Harrison Hose & Tubing Inc., Parker Hannifin Corp. |
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