Increasing Oil and Gas Applications to Propel the Growth of the Industry
Based on application, the oil and gas segment is expected to lead the industrial hose market in North America. The robust presence of oil and gas industry, especially in the United States, is expected to bolster the market growth in the coming years. The market will be further supported in the segment by the rapid growth in demand from the automotive and transportation sector.The construction and mining segment is also anticipated to account for a significant share in the market in the forecast period. This can be attributed to the growing construction activities in the region, owing to the rising investments by major business players, growing population, and rising economy. Furthermore, the technological advancements in the chemical and pharmaceutical industry in United States of America is likely to propel the demand for industrial hose, which will further aid the market growth. Meanwhile, the automotive industry is estimated to occupy a significant share in the market, owing to the rising demand for automobiles, in which automotive hose is a vital component, which helps the vehicle cool down quickly, by eradicating excess of heat.
Industrial Hose: Market Segmentation
Industrial hose can be made of rubber, PVC, silicone, or other materials, which can withstand high or low pressures or temperatures and resistant to corrosion from chemical substances. The transfer rates of the industrial hose can be slow or fast, according to the requirement, and can transfer materials as simple as air and water or as complex as hazardous chemicals.Based on material, the market is divided into:
- Rubber
- Polyvinyl Chloride (PVC)
- Silicone
- Polyurethane
- Others
On the basis of media, the market can be segmented into:
- Air and Gas
- Chemical
- Oil
- Water and Steam
- Food and Beverage
On the basis of industry, the market can be divided into:
- Agriculture
- Automotive
- Oil and Gas
- Food and Beverages
- Chemical and Pharmaceuticals
- Water and Wastewater
- Construction and Mining
- Others
The regional markets for the product in North America:
- United States of America
- Canada
The industrial hose market in North America is driven by the rising sale of automobiles and the automotive components. Industrial hose is a crucial component, which enhances the fuel efficiency and bolsters the engine performance. The market is anticipated to be aided by the rising demand for electric vehicles in the region. Furthermore, the rising application of industrial hose in the construction and mining, oil and gas and chemicals, and pharmaceutical industries is likely to augment the market growth in the forecast period. The rapid modernisation of the agricultural sector in the region to lower labour costs and increase efficiency is further projected to propel the market growth.
Key Industry Players in the North America Industrial Hose Market
The report gives a detailed analysis of the following key players in the North America industrial hose market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:- Eaton Corporation
- Parker Hannifin Corporation
- Gates Industrial Corporation
- Kurt Manufacturing Company
- HBD Industries Inc.
- NovaFlex Group
- Kuriyama of America, Inc.
- Copper State Rubber, Inc
- Others
Table of Contents
Companies Mentioned
The key companies featured in this North America Industrial Hose market report include:- Eaton Corporation
- Parker Hannifin Corporation
- Gates Industrial Corporation
- Kurt Manufacturing Company
- HBD Industries Inc.
- NovaFlex Group
- Kuriyama of America, Inc.
- Copper State Rubber, Inc
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 136 |
Published | August 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 2.64 Billion |
Forecasted Market Value ( USD | $ 3.76 Billion |
Compound Annual Growth Rate | 3.6% |
Regions Covered | North America |
No. of Companies Mentioned | 9 |