Europe Industrial Hose Market Size, Share & Scope
Europe Industrial Hoses Market was valued at USD 2709.35 million in 2021 and is expected to reach USD 4522.61 million by 2029, registering a CAGR of 5.60% during the forecast period of 2022-2029. “Automotive” accounts for the largest application segment in the respective market owing to the increase in sales of vehicles due to high disposable income. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Covid-19 Impact on Europe Industrial Hoses Market
The COVID-19 had a negative impact on the industrial hoses market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand industrial hoses market. The supply chain got hampered during the pandemic along with delay logistics activities. However, the industrial hoses market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.
Industrial hoses are defined as a small pipeline or pipe that assists in energy conservation in end-use industries for transferring fluids from one location to another. These pipes are used to transport of several fluids from their source to machines. They are utilized in several other applications industrial applications, at commercially operated locations or by experts.
Market Analysis and Size
Industrial hose are being highly utilized owing to their characteristics, such as temperature resistance, long-lasting performance, extreme durability and flexibility. These tubes do not let the liquid freeze, a notable amount of energy can be saved, preserves the core pipe from excessive operating temperatures and a notable amount of energy can be saved.
Europe Industrial Hoses Market Regional Analysis/Insights
The industrial hoses market is analyzed and market size insights and trends are provided by country, type, material type, media, wire type, pressure and industry as referenced above.
The countries covered in the industrial hoses market report are
v and Rest of Europe in Europe.
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Competitive Landscape and Europe Industrial Hoses Market
The industrial hoses market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to industrial hoses market.
Some of the major players operating in the industrial hoses market are
- Eaton (Ireland)
- PARKER HANNIFIN CORP (US)
- RYCO Hydraulics (Australia)
- Kurt Manufacturing (US)
- NORRES Schlauchtechnik GmbH (Germany)
- Transfer Oil S.p.A (Italy)
- AMERICA, INC. (US)
- Titeflex (US)
- Trelleborg Group (Sweden)
- Flexaust Inc. (US)
- Salem-Republic Rubber Company (US)
- PIRTEK (Australia)
- Dixon Valve & Coupling Company, LLC (US)
- Titan Fittings (US)
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Major TOC of the Report
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
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