Global Hydraulic Rubber Hose Market Is Predicted to Grow Around USD 1.8 Billion By 2030

The global hydraulic rubber hose market size was valued at USD 1.2 Billion in 2022 and is predicted to grow to around USD 1.8 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 5.2% between 2023 and 2030.

Hydraulic rubber hoses play a crucial role in hydraulic systems that transport fluids at high pressure. Typically, it is reinforced with textile or braided or spirally wound wire. It is made of thermoplastic or synthetic rubber. Hydraulic rubber hoses are generally utilized in different ventures, for example, auto, development, and assembling.

Hydraulic rubber hoses' durability and adaptability are two major benefits. Because of this, it can function in harsh environments and withstand extreme temperatures and pressures. In addition, it has excellent resistance to chemical degradation, wear, and corrosion, ensuring long-term performance. In addition, hydraulic rubber hoses are made to comply with stringent safety standards and regulatory requirements, ensuring their dependability and safety in crucial applications. Hydraulic rubber hoses are now lighter, more eco-friendly, and more efficient as a result of ongoing advancements in materials and manufacturing processes. This has also reduced the environmental impact of hydraulic systems.

The global hydraulic rubber hose market is driven by expanding interest in water-powered frameworks in different enterprises like horticulture, development, and auto. Demand for high-performance hydraulic rubber hoses is also being driven by the growing demand for reducing emissions and improving fuel efficiency. In addition, the market is anticipated to expand due to rising awareness of the importance of safety and dependability in critical applications. The development of cutting-edge materials and manufacturing procedures to enhance the performance and durability of rubber hydraulic hoses presents opportunities in the industry.

The rise of new applications and advancements, for example, electric and crossover vehicles ought to likewise give learning experiences. However, the hydraulic rubber hose industry is challenged by rising raw material costs and rising competition from thermoplastics and other alternative materials. Manufacturers also face difficulties due to the lack of standardization in the hydraulic hose market across various regions. In addition, manufacturers' efforts to create eco-friendly alternatives to conventional rubber hydraulic hoses are expected to continue impacting the market as environmental sustainability issues continue to grow in importance.

The global hydraulic rubber hose market is bifurcated based on type, pressure, application, and region.

Based on type, the global hydraulic rubber hose market is segmented based on standard hydraulic rubber hose, mining hose, steam hose, air hose, spiral hose, and others.

Based on pressure, the global hydraulic rubber hose market is bifurcated based on into high-pressure, medium-pressure, and low-pressure segments. The medium-pressure segment held the largest market share in 2022 and is further projected to grow rapidly during the forecast period. This growth can be attributed to the rising demand for medium-pressure hydraulic rubber hoses for hydraulic systems in the manufacturing, construction, and automotive industries. Medium pressure hydraulic rubber hoses are suitable for construction machinery, agricultural machinery, and machine tools because they are designed to handle pressures between 3000 and 6000 psi. Additionally, the rising spotlight on security and dependability in basic applications is supposed to additional drive interest in medium-strain hydraulic rubber hoses.

Based on application, the global hydraulic rubber hose industry is segmented into agriculture machinery, lubrication lines, construction machinery, industrial and & material handling equipment, power and & telephony mobile equipment, and others. The construction machinery segment held the largest market share in 2022 and is further predicted to grow remarkably during the forecast period. In addition, the rising demand for construction equipment in developing nations, particularly in the Asia-Pacific region, is to blame for this expansion.

The demand for construction machinery, which in turn drives the demand for hydraulic rubber hoses, is being driven by the rising demand for infrastructure development, such as roads, bridges, and commercial buildings. Additionally, the demand for hydraulic rubber hoses is being further fueled by the growing use of advanced hydraulic systems in construction machinery, which offer improved efficiency and performance.

The demand for high-performance hydraulic rubber hoses that are able to withstand the higher pressure and temperatures that are associated with electric systems is also being driven by the trend toward electrifying construction machinery. As a result, the construction industry's increasing demand for infrastructure development, adoption of advanced hydraulic systems, and the trend toward electrification are expected to drive the segment's expansion.

Based on region, the Asia-Pacific region of the global hydraulic rubber hose market held the dominating market share in 2022 and is further anticipated to grow exponentially during the forecast period. The hydraulic rubber hose market in the Asia Pacific region is expected to experience significant growth in the coming years. The rising demand for hydraulic systems in a variety of sectors, including agriculture, construction, and the automotive industry, particularly in developing nations like India, China, and Indonesia, is to blame for this expansion.

The hydraulic rubber hose market's expansion is also anticipated to be fueled by the region's growing adoption of advanced hydraulic systems and rising infrastructure development investments. Besides, the accessibility of minimal expense work and unrefined substances in the Asia Pacific district makes it a positive area for the development of water-powered elastic hoses. The demand for high-performance hydraulic rubber hoses in the region is also anticipated to be driven by the growing trend toward equipment and vehicles becoming electrified.

Browse the full “Hydraulic Rubber Hose Market By Type (Standard Hydraulic Rubber Hose, Mining Hose, Steam Hose, Air Hose, Spiral Hose, And Others), By Pressure (High Pressure, Medium Pressure, And Low Pressure), By Application (Agriculture Machinery, Lubrication Lines, Construction Machinery, Industrial And & Material Handling Equipment, Power And & Telephony Mobile Equipment, And Others), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030.” Report at https://www.zionmarketresearch.com/report/hydraulic-rubber-hose-market

Recent Developments

• In March 2021, Gates Corporation announced the launch of its new hydraulic hose, the MegaSys MXG 4K. The hose is designed to provide improved performance in high-pressure hydraulic systems while reducing weight and increasing flexibility. The MegaSys MXG 4K uses Gates' patented wire-braid technology and is suitable for various applications, including construction machinery and agricultural equipment.
• In September 2020, Eaton Corporation announced the launch of its new high-pressure hydraulic hose, the EC850. The hose is designed to operate in extreme environments, with a temperature range of -40°C to +121°C. The EC850 is also suitable for high-pressure applications in the construction, mining, and oil and gas industries.
• In June 2020, Parker Hannifin Corporation announced the launch of its new hydraulic hose, the 187 Hose. The hose is designed to provide improved performance in high-pressure hydraulic systems while being more compact and lightweight. The 187 Hose uses Parker's patented wire-braid technology and is suitable for various applications, including construction machinery and material handling equipment.

The global hydraulic rubber hose market is dominated by players such as:

• Polyhose
• THE YOKOHAMA RUBBER CO. LTD.
• Tubes International Sp. z o.o.
• PARKER HANNIFIN CORP
• Titeflex,  Bridgestone Engineered Products of Asia Sdn Bhd.
• Gates Corporation
• Hydravia
• Zycon Global Services LLC
• Eaton
• Flexitallic
• Singer Industrial
• LUCOHOSE CO. LTD
• Exitflex
• Agya Engineering Co.
• Propulse
• Rubber & Gasket Company of America
• HIC International Co Inc
• Avonhose
• ContiTech AG
• Vardhman Hoses Pvt. Ltd.

The global hydraulic rubber hose market is segmented as follows:

By Type

• Standard Hydraulic Rubber Hose
• Mining Hose
• Steam Hose
• Air Hose
• Spiral Hose
• Others

By Pressure

• High Pressure
• Medium Pressure
• Low Pressure

By Application

• Agriculture Machinery
• Lubrication Lines
• Construction Machinery
• Industrial and Material Handling Equipment
• Power and Telephony Mobile Equipment
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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