Industrial Hose Market
The global industrial hose market reached US$ 13.2 billion in 2022 and is expected to reach US$ 22.1 billion by 2030, growing at a CAGR of 6.1% during the forecast period 2024-2031, according to DataM Intelligence.
Asia-Pacific: Recent Industry Developments
✅ In October 2025, Sumitomo Electric Industries expanded its industrial hose production in Thailand, increasing capacity by 30%.
✅ In September 2025, China’s Ministry of Industry allocated USD 1.2 billion for industrial equipment upgrades including hose systems.
✅ In August 2025, Yokohama Rubber Company introduced an abrasion-resistant hose for mining and construction applications.
United States: Recent Industry Developments
✅ In October 2025, Gates Corporation launched a new composite hose technology with 40% higher pressure rating and enhanced chemical resistance.
✅ In September 2025, The U.S. Department of Commerce allocated USD 750 million for industrial hose manufacturing upgrades and automation.
✅ In August 2025, Parker Hannifin introduced a smart hose with embedded sensors for real-time pressure and temperature monitoring.
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Europe: Recent Industry Developments
✅ In October 2025, Eaton Corporation developed a sustainable hose material using 60% recycled content without compromising performance.
✅ In September 2025, The European Union implemented new standards for industrial hose safety and environmental compliance.
✅ In August 2025, Continental AG launched a lightweight flexible hose for automotive and manufacturing applications.
Market Trends & Drivers
The United States Industrial Hose Market is experiencing steady growth driven by expanding manufacturing activities, increasing infrastructure projects, and growing demand from oil and gas sectors. Key trends include the development of smart hoses with IoT capabilities, advancement in composite materials, and expansion of sustainable and recyclable hose solutions. The growing industrial automation, increasing chemical processing requirements, and technological innovations in material science are significantly accelerating market expansion.
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Competitive Landscape
The market features intense competition among industrial manufacturers, engineering companies, and specialized hose producers.
1. Gates Corporation leads in comprehensive industrial hose solutions with advanced material technologies.
2. Parker Hannifin Corporation dominates in fluid handling systems and specialized hose applications.
3. Eaton Corporation provides innovative hose solutions for industrial and mobile equipment markets.
4. Continental AG specializes in high-performance hoses for various industrial sectors.
5. Sumitomo Electric Industries, Ltd. offers extensive industrial hose portfolios with global reach.
6. Yokohama Rubber Company, Ltd. focuses on durable hoses for demanding industrial applications.
7. Bridgestone Corporation provides reliable hose solutions for industrial and automotive markets.
8. Goodyear Tire & Rubber Company offers comprehensive industrial hose systems and services.
9. Manuli Hydraulics specializes in hydraulic hoses and industrial fluid transfer solutions.
10. Kuriyama of America, Inc. provides custom hose solutions for specialized industrial requirements.
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Segmentation
By Material (Rubber, Polyurethane, PVC, Silicone, Others)
By Pressure (Low-Pressure Industrial Hoses, Medium-Pressure Industrial Hoses, High-Pressure Industrial Hoses)
By Application (Building and Construction, Industrial Manufacturing, Pharmaceuticals, Automotive, Oil & Gas, Chemicals, Agriculture, Others)
Regional Analysis:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (Germany, U.K., France, Italy, Spain, Netherlands, Rest of Europe)
⇥ Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
⇥ South America (Brazil, Argentina, Chile, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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