The global industrial hose assemblies market size accounted for USD 22,658 million in 2024 and is expected to exceed around USD 39,443 million by 2034, growing at a CAGR of 5.6% from 2024 to 2034.
The Industrial Hose Assemblies Market deals with the designing, manufacturing, distribution and application of industrial hoes. It refers to the assembly of flexible tubes with connectors that can transfer liquid, gas, and other bulk materials used in industrial settings. Some of the common types of industrial hoses are made from PVC, rubber, silicone and other materials which can be used to maintain safety during their applications. They are widely used in various industries like oil & gas, food and beverage, automotive, chemical and pharmaceutical. Rapid urbanization is leading towards the increasing construction rates of residential and commercial properties which boosts the market demand globally.
The Industrial Hose Assemblies Market is anticipated to grow significantly due to the rising adoption of renewable energy which will lead to the need for fluid transfers, cooling systems and other applications. Additionally, the expansion of these hoses in the aerospace industry is also anticipated to provide many opportunities in the coming years. The expansion of the food and beverage industry in countries like India, China, and Japan is anticipated to boost the growth of Asia Pacific significantly.
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| Stats ID: | 7741 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
| Stats ID: | 7741 |
| Format: | Databook |
| Published: | January 2025 |
| Delivery: | Immediate |
| Price | US$ 1550 |
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