Industrial Hose Assemblies Market

Industrial Hose Assemblies Market

Industrial Hose Assemblies Market: Eastern Europe to Exhibit Sluggish Growth During the Forecast Period: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028

  • XPLREP1407

  • June, 2018

  • 335 Pages

  • Industrial Automation

Industrial hoses are used for the purpose of conveying various fluids (gas, water, chemicals) and even solid material from their source to various machines and several other applications. Industrial hose assembly are nothing but combination of industrial hoses and relevant fittings. These industrial hose assemblies are commonly utilized in food & beverage industry, Construction & Mining, chemical & Pharmaceuticals, Oil & gas, Automotive, Agriculture, General Manufacturing and Other Industries.

In terms of value, the global Industrial Hose Assemblies market is estimated to reach US$ 19,973.7 Mn by 2018 end and is anticipated to touch US$ 37,556.7 Mn by 2028, exhibiting a CAGR of 6.5% over the forecast period. North America is expected to be the largest market for Industrial Hose Assemblies capturing nearly 23.5% of the global market share owing to high demand from end user industries.

On the basis of material, rubber type industrial hoses are highly adopted in comparison to metal type industrial hoses

Rubber type industrial hoses are lighter in weight in comparison to plastic and metal type industrial hoses. Therefore, in end user industry, rubber type industrial hoses are anticipated to gain significant traction in the global industrial hoses assemblies market over the forecast period. There are some advantages of rubber hoses over metal hoses:

  • When the operator drags metal hoses on the floor, unprotected metal hoses may be damaged and the outer braiding of industrial hoses also may be break or burst before the forecasted time
  • At the time of manipulating or assembly of hoses, loses wire of braid may hurt the operator
  • Although, metal industrial hoses are mainly used for high pressure application. Moreover, metal hoses are costlier as compared to rubber and plastic hoses hence are used in limited places where cost is not a restraining factor. Metal hoses find its vast application in oil and gas industry.
  • Outer boundary of industrial hoses are coated or spired by protected stainless steel. An outer spiral easily get stuck behind obstacles in the factory thus damaging the hose. Additionally, the stainless steel industrial hose may easily kink behind the fitting, affecting the pressure supply of steam or may be causing leakage of steam.
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Industrial Hose Assemblies Market: Eastern Europe to Exhibit Sluggish Growth During the Forecast Period: Global Industry Analysis 2013 - 2017 and Opportunity Assessment 2018 - 2028
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