The industrial hose market is expected to reach US$ 23.57 billion by 2031 from US$ 16.75 billion in 2024; it is expected to record a CAGR of 5.9% during the forecast period.
The Industrial Hose market is segmented by material type into Natural Rubber, Nitrile Rubber, Polyurethane, PVC, and Silicone. It is also segmented by industry vertical into Automotive, Water & Wastewater, Oil & Gas, Chemicals, Infrastructure, Food & Beverages, Agriculture, and Mining. The market evaluation is presented in USD for each segment, with regional analysis for global markets.
The report Industrial Hose Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
The regional trends and factors influencing the Industrial Hose Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Industrial Hose Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2024 | US$ 16.75 Billion |
| Market Size by 2031 | US$ 23.57 Billion |
| Global CAGR (2025 - 2031) | 5.9% |
| Historical Data | 2021-2023 |
| Forecast period | 2025-2031 |
| Segments Covered |
By Material
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Industrial Hose Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Industrial Hose Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The research report on the Industrial Hose Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
The List of Companies
1. Colex International Ltd.
2. Eaton Corporation PLC
3. Flexaust Inc.
4. Gates Corporation
5. Kanaflex Corporation
6. Kuriyama Holdings Corporation
7. NORRES Schlauchtechnik GmbH
8. Parker-Hannifin Corporation
9. RYCO Hydraulics Pty Ltd
10. Transfer Oil S.p.A.
All these factors lead to a highly growing industrial hose market, mainly on account of an upsurge in industrial sector activities, particularly from emerging economies. The increasing demand for fluid transfer solutions efficient enough to cater to the demands of all sectors including construction, mining, oil and gas, and manufacturing segments is driving this market forward. Increasing focus on automation and robotics, coupled with developments in material science and changing manufacturing technologies, further fuel the market. Moreover, there is an increased focus on safety, sustainability, and regulations; these have also reflected on the demand for high-performance and eco-friendly hoses. All these collectively contribute to the robust growth of the industrial hose market.
Industrial Hose Market Market is expected to grow at a CAGR of 5.9% between 2025-2031
The future will be significantly different for the industrial hose market. The trends that will define the industry are the growing adoption of Industry 4.0 and IoT. This is expected to trigger demand for smart hoses, equipping hoses with sensors and connectivity. These current trends in sustainability and the circular economy are enhancing innovations in the formulation of recycled materials and biodegradable polymers. Material science is pushing innovations in manufacturing technologies so that hoses not only deliver performance but are also endowed with certain properties, such as flexibility, durability, and chemical resistance, in growing aspects. In addition to these related benefits is additive manufacturing, which now permits the mass production of customized hoses adjusted to specific needs for certain applications. These trends are driving innovation in tandem and unlocking new growth possibilities in the industrial hose market.
The leading players of the market are: Colex International Ltd., Eaton Corporation PLC, Flexaust Inc., Gates Corporation, Kanaflex Corporation, Kuriyama Holdings Corporation, NORRES Schlauchtechnik GmbH, Parker-Hannifin Corporation, RYCO Hydraulics Pty Ltd, Transfer Oil S.p.A.
The report can be delivered in PDF/PPT format; we can also share excel dataset based on the request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.