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Hose & Belt Manufacturing in the US
IBISWorld, Aug 2011, Pages: 34
Belting out: Rising motor vehicle production will boost demand for relevant parts
Hose & Belt Manufacturing in the US
Playing a part
The future of this industry will continue to depend on downstream demand from manufacturing industries, since belts and hoses are used in the manufacturing process. Because cars require these parts as key inputs, the automotive industries play a major role in driving demand. As the economy slowly recovers, demand will rise slightly, though import penetration will become an increasingly strong threat.
Companies in this industry manufacture a range of plastic and rubber hoses and belts, including garden hoses. These products are then on-sold to original equipment manufacturers (OEMs); coal, oil and gas industries; and the aftermarket. The industry does include manufacturing of plastic tubing, rubber tubing and fluid power hose assemblies.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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