China Industrial Hose Market Outlook (2023-2029) | Growth, Industry, Size, Companies, Revenue, Trends, Share, Value, Analysis, Forecast & COVID-19 IMPACT

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: ETC359661	Publication Date: Aug 2022	Updated Date: May 2024	Product Type: Market Research Report
Publisher: 6Wresearch	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

China Industrial Hose Market Competition 2023

China Industrial Hose market currently, in 2023, has witnessed an HHI of 1073, Which has increased slightly as compared to the HHI of 917 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.

China Export Potential Assessment For Industrial Hose Market (Values in USD Thousand)

China Industrial Hose Market | Country-Wise Share and Competition Analysis

In the year 2021, the USA was the largest exporter in terms of value, followed by Italy. It has registered a decline of -2.08% over the previous year. While Italy registered a growth of 51.45% as compared to the previous year. In the year 2017, the USA was the largest exporter followed by Germany. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, China has a Herfindahl index of 919 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of 940 which signifies high competitiveness in the market.

China Industrial Hose Market - Export Market Opportunities

Topics Covered in the China Industrial Hose Market

China Industrial Hose Market report thoroughly covers the market by material, by media type, and by industry. The market outlook report provides an unbiased and detailed analysis of the ongoing 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.

China Industrial Hose Market Synopsis

China Industrial Hose Market has been growing at an impressive rate over the past few years. The market is expected to witness immense growth in the years to come, driven by increasing demand from end-use industries, advancements in technology, and rising investments by key players. Industrial hoses are used for a multitude of purposes across various sectors. Additionally, China has a large industrial sector that has been driving the China Industrial Hose Market Growth with increased demand for reliable hose solutions. Moreover, there has also been a surge in infrastructure development projects which have contributed significantly to the growth of the industrial hose market.

According to 6Wresearch, the China Industrial Hose Market is expected to grow at a rapid pace during the forecast period 2023-2029. The China Industrial Hose Market which is an integral part of the Asia Pacific Industrial Hose Market is expected to continue growing at a steady rate in the upcoming years. The growth is mainly due to a surge in demand for industrial hoses across oil and gas, automotive, food and beverage, and pharmaceutical industries. Despite this, there are several challenges that need to be addressed such as growing competition from low-cost manufacturers and stringent regulations imposed by governments. However, technological advancements leading to efficient industrial hoses along with increased investments in R&D activities by key players in the market can help overcome these challenges. The China Industrial Hose Industry has immense potential for growth backed by strong demand from various end-use industries.

The Influence of COVID-19 on the China Industrial Hose Market

The COVID-19 pandemic has had a significant impact on the size of China Industrial Hose Market. The lockdowns and restrictions imposed to control the spread of the virus have led to disruptions in supply chains and logistics. This has resulted in decreased revenue generation and lower production capacity utilization for industrial hose manufacturers in China. Additionally, tariffs have been imposed by several countries due to political tensions. However, with the gradual relaxation of restrictions and resumption of economic activities in most parts of China coupled with increased investments in infrastructure projects by both government bodies and private entities, growth prospects for players operating within the industrial hose market appear promising over the coming years.

The Future of the China Industrial Hose Market

The future of China Industrial Hose Market looks promising with the country’s growing industrial sector, driven by manufacturing, construction, and infrastructure development sectors. This growth will contribute to the increasing demand for industrial hoses. Also, technological advancements in materials and product design are expected to drive innovation in the industrial hose market. Furthermore, China is a major exporter of industrial goods, and its industrial hose manufacturers are well-positioned to cater to the global market.

Leading players in the China Industrial Hose Market

The China Industrial Hose Market Size is constantly expanding with the presence of some leading players. Some of the major industry players operating in this industry include;

Gates Corporation
Eaton Corporation
Parker Hannifin Corp
Continental AG
Kurt Manufacturing Company Inc
RYCO Hydraulics Pty Ltd.
Transfer Oil S.p.

Market Analysis by Material

According to Kapil, Senior Research Analyst, 6Wresearch, Natural Rubber is expected to dominate the China Industrial Hose Market Share as these rubber hoses are commonly used for applications requiring excellent abrasion resistance. Nitrile rubber hoses are known for their resistance to oil and chemicals. They are widely used in industries automotive and food & beverage industries. PVC hoses are popular due to their versatility and resistance to corrosion. Silicone hoses are valued for their high-temperature resistance while Polyurethane hoses are known for their excellent flexibility, durability, and resistance to abrasion.

Key attractiveness of the report

COVID-19 Impact on the Market.
10 Years Market Numbers.
Historical Data Starting from 2019 to 2022.
Base Year: 2022.
Forecast Data until 2029.
Key Performance Indicators Impacting the Market.
Major Upcoming Developments and Projects.

Key Highlights of the Report:

China Industrial Hose Market Outlook
Market Size of China Industrial Hose Market, 2022
Forecast of China Industrial Hose Market, 2029
Historical Data and Forecast of China Industrial Hose Revenues & Volume for the Period 2019 - 2029
China Industrial Hose Market Trend Evolution
China Industrial Hose Market Drivers and Challenges
China Industrial Hose Price Trends
China Industrial Hose Porter's Five Forces
China Industrial Hose Industry Life Cycle
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Material for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Natural Rubber for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Nitrile Rubber for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By PVC for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Silicone for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Polyurethane for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Others (EPDM, UPE) for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Media Type for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Water for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Oil for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Hot Water and Steam for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Air and Gas for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Food and Beverage for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Chemical for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Industry for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Automotive for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Infrastructure for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Oil & Gas for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Pharmaceuticals for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Food & Beverages for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Water & Wastewater for the Period 2019 - 2029
Historical Data and Forecast of China Industrial Hose Market Revenues & Volume By Others for the Period 2019 - 2029
China Industrial Hose Import Export Trade Statistics
Market Opportunity Assessment By Material
Market Opportunity Assessment By Media Type
Market Opportunity Assessment By Industry
China Industrial Hose Top Companies Market Share
China Industrial Hose Competitive Benchmarking By Technical and Operational Parameters
China Industrial Hose Company Profiles
China Industrial Hose Key Strategic Recommendations