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

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: ETC359666	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

Malaysia Industrial Hose Market Competition 2023

Malaysia Industrial Hose market currently, in 2023, has witnessed an HHI of 2912, Which has increased slightly as compared to the HHI of 2211 in 2017. The market is moving towards concentrated. 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.

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

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

In the year 2021, China was the largest exporter in terms of value, followed by Italy. It has registered a growth of 99.16% over the previous year. While Italy registered a decline of -7.2% as compared to the previous year. In the year 2017, Italy was the largest exporter followed by China. In term of the Herfindahl Index, which measures the competitiveness of countries exporting, Malaysia has a Herfindahl index of 1765 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 3143 which signifies a high concentration in the market.

Malaysia Industrial Hose Market - Export Market Opportunities

Topics Covered in the Malaysia Industrial Hose Market

The Malaysia 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.

Malaysia Industrial Hose Market Synopsis

Malaysia Industrial Hose Market is a rapidly growing market, the demand for industrial hoses has been driven by increasing infrastructure development activities in Malaysia. The country's robust manufacturing sector also contributes significantly to the Malaysia Industrial Hose Market Growth. Moreover, the adoption of advanced technologies like IoT sensors and cloud computing has enabled better monitoring and management of industrial hose systems. Despite its enormous growth prospects, intense competition among major players and fluctuating raw material costs are anticipated to further hamper growth in this market. Nevertheless, innovative product offerings with superior performance characteristics are likely to drive future growth opportunities for manufacturers operating in this industry.

According to 6Wresearch, the Malaysia Industrial Hose Market is expected to grow at a rapid pace during the forecast period 2023-2029. The Malaysia Industrial Hose Market is expected to experience growth in the coming years owing to increasing demand from end-use industries. Additionally, advancements in technology have led to the development of innovative products that are durable and efficient. However, the market also faces certain challenges including fluctuating raw material prices which can impact profit margins. Furthermore, strict regulations regarding industrial hoses used for food-grade or medical applications pose a challenge for manufacturers striving to meet these requirements. Despite these challenges, there are significant opportunities for growth in this market such as emerging markets offering untapped potential with new players and the rise of e-commerce.

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

The Malaysia Industrial Hose Market Size has been impacted by the global pandemic that has caused a significant slowdown in the global economy and disrupted supply chains across various sectors. One of the major challenges that this industry is facing is the shortage of raw materials due to factory closures and transportation restrictions, which have led to increased prices for raw materials and delayed production schedules. Furthermore, with travel restrictions in place around the world, international trade has been affected, leading to decreased demand for industrial hoses.

Leading players in the Malaysia Industrial Hose Market

The Malaysia Industrial Hose Industry is a highly competitive market with a wide range of key players. The major players in this market includes

Trelleborg AB
Polyhose India Pvt. Ltd.
Gates Corporation
Eaton Corporation Plc.
Continental AG
Parker Hannifin Corporation

Market Analysis by Material

According to Shivankar, Research Manager, 6Wresearch, the Natural Rubber segment is leading the Malaysia Industrial Hose Market Share owing to its excellent flexibility, abrasion resistance, and high tensile strength. Nitrile Rubber is suitable for applications involving the transfer of oil, fuel, or other petroleum-based fluids. PVC hoses are cost-effective and have good resistance to abrasion and chemicals. Silicone hoses have excellent flexibility and electrical insulation properties. Polyurethane material exhibits good abrasion resistance, flexibility, and durability. They are commonly used in applications that require resistance to wear. The polyurethane hose segment is expected to grow steadily due to its increasing usage in the construction, mining, and material handling sectors.

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:

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