PUBLISHER: The Business Research Company | PRODUCT CODE: 1818808
PUBLISHER: The Business Research Company | PRODUCT CODE: 1818808
An industrial hose is a flexible tube-shaped pipeline used for conveying materials, wastewater, debris, crude petroleum, mortar, concrete, fuel, gas, water, and chemicals to a specified point in industrial applications.
The primary types of industrial hoses are hydraulic hoses, lay flat hoses, WRAS hoses, oil-resistant hoses, corrugated hoses, strip wound, thermo-duct, and other types. Hydraulic hoses operate based on the transfer of liquid and energy, using materials such as rubber, polyurethane, polyvinyl chloride, metal, thermoplastics, composite, silicone, wired with wire braided and spiral wire. They find applications in industries such as oil and gas, water, agriculture, food and beverages, pharmaceuticals, automotive, mining, and others.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The rapid escalation of U.S. tariffs and rising trade tensions in spring 2025 are having a substantial impact on the machinery sector, driving up the costs of essential components such as steel, hydraulic systems, and precision bearings many of which are sourced from regions affected by the tariffs. Manufacturers of construction, agricultural, and industrial machinery are now facing tighter profit margins, as existing long-term contracts limit their ability to raise prices immediately. This climate of uncertainty has also led to postponed investments in automation and smart machinery, slowing potential productivity improvements. In response, companies are focusing on developing local suppliers, redesigning products to incorporate alternative materials, and adopting predictive maintenance strategies to extend equipment life and reduce the need for costly replacements.
The industrial hose market research report is one of a series of new reports from The Business Research Company that provides industrial hose market statistics, including industrial hose industry global market size, regional shares, competitors with an industrial hose market share, detailed industrial hose market segments, market trends and opportunities, and any further data you may need to thrive in the industrial hose industry. This industrial hose market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The industrial hose market size has grown strongly in recent years. It will grow from $14.2 billion in 2024 to $15 billion in 2025 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to increased international trade, infrastructure development, automotive industry growth, oil and gas exploration, and agricultural expansion.
The industrial hose market size is expected to see strong growth in the next few years. It will grow to $19.56 billion in 2029 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to e-commerce growth, renewable energy expansion, increased automation, rise in biotechnology, and growing emphasis on efficient waste management. Major trends in the forecast period include IoT integration, customization and specialty hoses, bio-based materials, digital twins, focus on ergonomics.
The forecast of 6.9% growth over the next five years reflects a modest reduction of 0.5% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through increased costs for wire-reinforced thermoplastic and rubber compounds, sourced from key regions such as Germany, China, and the UK, which could raise expenses for chemical transfer applications. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.
Rapid urbanization is projected to drive the growth of the industrial hose market in the future. Urbanization refers to the increasing percentage of people residing in cities and towns. Industrial hoses are utilized in urban areas for various purposes, including the discharge of water under pressure. For example, in July 2023, UN-Habitat, a Kenya-based United Nations agency for human settlements, reported that over half (55%) of the global population lives in urban areas, a figure expected to rise to 70% by 2050. Additionally, in April 2023, the World Bank, a US-based international financial institution, stated that more than 50% of the global population currently resides in urban areas. Thus, rapid urbanization is fueling the growth of the industrial hose market.
The expanding pharmaceutical industry is anticipated to contribute significantly to the growth of the industrial hose market in the coming years. This sector involves the discovery, development, and production of drugs and medicines by both governmental and private organizations. Industrial hoses are essential in the pharmaceutical industry for the safe and efficient transfer of various liquids and chemicals during manufacturing, ensuring precise dosage formulations, sterile conditions, and adherence to stringent regulatory standards. For instance, in August 2024, the Government of Canada, a federal administration in Canada, reported that domestic exports in the pharmaceutical trade rose to 12.79 billion CAD in 2022, up from 10.71 billion CAD in 2021, while imports increased to 30.21 billion CAD from 26.63 billion CAD in 2021. Therefore, the growing pharmaceutical industry is driving the growth of the industrial hose market.
Advancements in technology are a key trend in the industrial hose market, with major players developing new products with advanced technologies to maintain their market position. In April 2022, the Canada-based company Niedner Inc. introduced ALTRA 3D, a new hose technology that is a double-jacketed hose designed for high-pressure conditions and reliability in industrial applications. ALTRA 3D eliminates wrinkling and snaking while combining the benefits of a double-jacketed hose into one, offering safety and corrosion prevention for various industrial verticals.
Major companies in the industrial hose market are developing advanced technologies, such as cloud-based hose fabrication solutions, to improve assembly, enhance efficiency, and offer information on hoses and fittings. The cloud-based hose fabrication solution for hydraulic and industrial hoses ensures the construction of quality hose assemblies in various applications. In May 2022, Continental AG, a Germany-based manufacturing company, introduced a new cloud-based hose fabrication solution for hydraulic and industrial hoses. The Smart Test Bench technology integrates with Continental's CrimpIQ crimpers to ensure fabricators can build a quality hose assembly in every application. The smart test bench technology uses cloud technology, allowing seamless data transfer and safe document storage, offering reporting in different formats, back-up testing data, and adaptability to a customer's hydraulic or industrial hose testing needs.
In March 2022, Singer Industrial Inc., a US-based machine industry company, acquired Foster Hose and Fittings for an undisclosed amount. With this acquisition, Singer Industrial Inc. aims to enhance its presence in the industrial hose market and strengthen its position across various industries. Foster Hose and Fittings is a US-based industrial hose manufacturer and fabricator.
Major companies operating in the industrial hose market include Continental AG, Bridgestone Corporation, Eaton Corporation plc, Parker Hannifin Corporation, Trelleborg AB, Saint-Gobain S.A., Gates Industrial Corporation plc, Semperit AG Holding, Alfagomma S.p.A., Polyhose India Pvt. Ltd., Kuriyama of America Inc., Hose Master Inc., Norres Schlauchtechnik GmbH, Flexaust Co. Inc., RYCO Hydraulics Pty Ltd., Kanaflex Corporation Co. Ltd., Abbott Rubber Company Inc., PIRTEK USA, Transfer Oil S.p.A., Dantec Ltd., Flexicraft Industries, Salem-Republic Rubber Company, Amnitec Ltd., Anamet Europe B.V., Colex International Limited, Novaflex Group, Pacific Echo Inc., Goodall Rubber Company, Elaflex Hiby Tanktechnik GmbH & Co. KG, Flextral, HoseXpress, JGB Enterprises Inc., NewAge Industries Inc., Pacific Hoseflex Pty Ltd., Penflex Corporation, Senior Flexonics Inc., Swagelok Company, Texcel Infotech Pvt Ltd., United Flexible Inc.
Asia-Pacific was the largest region in the industrial hose market in 2024. The regions covered in the industrial hose market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the industrial hose market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The industrial hose market consists of sales of steam hoses, abrasive material hoses, heavy duty layflat hose and the medium duty layflat hose. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Industrial Hose Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on industrial hose market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for industrial hose ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The industrial hose market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.