Market Forecast By Material (Natural Rubber, Nitrile Rubber, PVC, Silicone, Polyurethane, Others (EPDM, UPE)), By Media Type (Water, Oil, Hot Water and Steam, Air and Gas, Food and Beverage, Chemical), By Industry (Automotive, Infrastructure, Oil & Gas, Pharmaceuticals, Food & Beverages, Water & Wastewater, Others) And Competitive Landscape
Product Code: ETC359675 | Publication Date: Aug 2022 | Updated Date: Mar 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Australia Industrial Hose market currently, in 2023, has witnessed an HHI of 1344, Which has decreased slightly as compared to the HHI of 1354 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Australia Industrial Hose market |
Forecast period | 2025-2031 |
CAGR | 8.6% |
Growing Sector | Oil and Gas |
The Australia Industrial Hose market report thoroughly covers the market by material, by media type, and by industry. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Australia industrial hose market is witnessing steady growth, driven by key industries such as mining, construction, oil and gas, manufacturing, and agriculture. The country's strong mining sector, which contributes significantly to GDP, fuels demand for high-pressure and abrasion-resistant hoses used in material handling and fluid transfer applications. Additionally, the ongoing infrastructure development projects, including roadways, tunnels, and commercial buildings, are increasing the need for durable industrial hoses in construction activities. The rising adoption of advanced materials, such as thermoplastics and composites, is enhancing hose durability and performance, further boosting market expansion. Government regulations and industry standards, such as those set by Standards Australia, ensure compliance with safety and quality norms, influencing product innovation.
According to 6Wresearch, the Australia Industrial Hose market size is projected to grow at a CAGR of 8.6% during 2025-2031. The growth of the Australia industrial hose market is driven by several key factors, including the expansion of the mining and construction industries, rising investments in infrastructure projects, and the increasing demand for durable and high-performance hoses across multiple sectors. The mining sector, a major contributor to the economy, requires heavy-duty hoses for material handling, dewatering, and slurry transfer, while large-scale construction projects fuel the need for robust hoses used in concrete pumping, water supply, and pneumatic applications.
Technological advancements, such as the development of lightweight, high-pressure thermoplastic hoses, are also accelerating market growth by enhancing durability and efficiency. Additionally, the shift toward eco-friendly materials and compliance with stringent safety and environmental regulations set by Standards Australia are pushing manufacturers to innovate. However, the market faces challenges such as fluctuating raw material prices, supply chain disruptions, and competition from low-cost imports. Additionally, the high initial investment in premium industrial hoses and the need for regular maintenance can be a deterrent for small and medium enterprises.
The Australia industrial hose market features prominent companies such as Pirtek, Ryco Hydraulics, Nylex, Gates Industrial Corporation plc, Eaton Corporation plc, and Parker-Hannifin Corporation. Additionally, some of these players hold majority of the Australia Industrial Hose market share. Moreover, these companies offer a diverse range of products, including hydraulic and industrial hoses, fittings, and fluid transfer solutions, catering to various sectors such as mining, construction, manufacturing, and agriculture.
In Australia, industrial hose manufacturing and usage are governed by stringent standards to ensure safety and reliability across various applications. Key regulations include AS/NZS 1200, which sets out general requirements for pressure equipment, encompassing the design, materials, manufacture, testing, and maintenance of pressure vessels and piping systems. Specific to hydraulic hoses, AS 3791-1991 outlines criteria for hydraulic hose assemblies, detailing specifications for materials, construction, and performance to ensure they withstand operational pressures and conditions. Additionally, AS 2117-1991 pertains to hoses and hose assemblies used for petroleum and petroleum products, specifying requirements to prevent leaks and ensure safe handling of flammable substances. Further, these initiatives have further boosted the Australia Industrial Hose market revenues. Moreover, regulatory bodies such as WorkSafe Victoria and SafeWork SA emphasize the proper selection, installation, and maintenance of flexible hose assemblies, advocating for regular inspections to identify signs of wear, damage, or leakage, thereby mitigating risks associated with hose failures.
The Australia industrial hose market is poised for steady growth, driven by increasing demand from key sectors such as mining, construction, manufacturing, oil and gas, and agriculture. Advancements in material technology, including the development of lightweight, high-durability thermoplastic and composite hoses, are expected to enhance efficiency and performance across industries. The rising focus on sustainability and environmental regulations will push manufacturers toward eco-friendly and recyclable hose materials, aligning with Australia's stringent safety and quality standards. Additionally, the integration of smart hose technology, featuring real-time monitoring and predictive maintenance capabilities, is anticipated to gain traction, improving operational safety and reducing downtime. As infrastructure development and industrial automation continue to expand, the market is likely to see increased investments in innovative hose solutions, localization of production to reduce import dependency, and a surge in digital distribution channels.
According to Ravi Bhandari, Research Head, 6Wresearch, the nitrile rubber segment in Australia's industrial hose market is experiencing significant growth, driven by its superior resistance to oil, fuel, and chemicals, making it a preferred material in industries such as mining, oil and gas, automotive, and manufacturing. The increasing demand for durable and high-performance hoses in harsh industrial environments has led to a surge in the adoption of nitrile rubber hoses, which offer excellent flexibility, abrasion resistance, and temperature tolerance. Additionally, the expansion of Australia’s petrochemical sector and stringent safety regulations mandating the use of oil-resistant hoses in hazardous environments are further propelling market growth. With a growing focus on sustainability, manufacturers are also developing eco-friendly nitrile rubber formulations that maintain performance while reducing environmental impact.
The oil and gas industry is a major driver of growth in Australia's industrial hose market, fueled by ongoing exploration, drilling, and refining activities across offshore and onshore sites. With Australia being a key exporter of liquefied natural gas (LNG) and petroleum products, the demand for high-performance industrial hoses designed to withstand extreme pressures, temperatures, and corrosive substances is rising. Hoses made from materials like nitrile rubber and reinforced thermoplastics are widely used for fluid transfer, hydraulic applications, and fuel transportation, ensuring safety and efficiency in hazardous environments. Stringent government regulations and safety standards, such as those enforced by Safe Work Australia and the Australian Petroleum Production & Exploration Association (APPEA), are pushing manufacturers to develop durable, compliant, and leak-proof hose solutions. Additionally, advancements in smart hose technology, featuring real-time monitoring for pressure and wear detection, are enhancing operational reliability and reducing downtime in oil and gas operations.
The Australia Industrial Hose market report provides a detailed analysis of the following market segments -