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

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: ETC359643	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

Mexico Industrial Hose Market Competition 2023

Mexico Industrial Hose market currently, in 2023, has witnessed an HHI of 3060, Which has decreased slightly as compared to the HHI of 3538 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.

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

Mexico 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 China. It has registered a growth of 16.89% over the previous year. While China registered a growth of 60.78% as compared to the previous year. In the year 2017, the USA was the largest exporter followed by China. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Mexico has a Herfindahl index of 3538 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of 3355 which signifies high concentration in the market.

Mexico Industrial Hose Market - Export Market Opportunities

Topics Covered in the Mexico Industrial Hose Market

Mexico 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.

Mexico Industrial Hose Market Synopsis

Mexico Industrial Hose Market is a booming industry that provides essential services to the country's manufacturing sector. In general, various forms of hoses, such as rubber, plastic, metal, and composite hoses, are used for multiple purposes in industries ranging from oil and gas to chemical processing, food and beverage production to pharmaceuticals. The demand for these products has been significantly bolstered by government plans encouraging foreign investments along with rising consumer awareness about environmental protection. Furthermore, stricter quality control regulations by manufacturers in combination with positive governmental initiatives have contributed to the Mexico Industrial Hose Market Growth.

According to 6Wresearch, the Mexico Industrial Hose Market is expected to grow at a rapid pace during the forecast period 2023-2029. The Mexico Industrial Hose Market has been gaining momentum in recent years due to several trends and opportunities. With the further growth of oil & gas, chemicals, and food & beverage industries, demand for industrial hoses is set to rise. Nevertheless, some factors that could impede market growth include uncertain economic conditions in Mexico, fluctuations in raw material prices, and high competition among local players. To overcome these obstacles, leading companies are emphasizing product diversification through strategic alliances and investments in R&D towards the development of novel products catered to individual industry needs.

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

The pandemic led to disruptions in manufacturing, construction, and oil and gas industries which are major users of industrial hoses. Due to lockdown measures, supply chain disruptions, and reduced economic activity, the demand for industrial hoses has decreased significantly. Many industries faced temporary shutdowns during the pandemic, affecting the demand for industrial hoses. The pandemic caused disruptions in global supply chains, affecting the availability of raw materials and finished products. As the lockdown measures were eased, industrial activities gradually resumed, driving the recovery of the Mexico Industrial Hose Industry.

Leading players in the Mexico Industrial Hose Market

The Mexico industrial hose market which is a major part of the Latin America Industrial Hose Market is highly competitive and fragmented with several local and international players offering a diverse range of products. Some of the key players in this market are;

Gates Corporation
Eaton Corporation PLC
Continental AG
Parker Hannifin Corp.
Bridgestone Corp.
Yokohama Rubber Co. Ltd.
Trelleborg AB
Semperit AG Holding
SEL AS and Manuli Rubber Industries S.p

Market Analysis by Material

According to Dhaval, Research Manager, 6Wresearch, the Natural Rubber segment is dominating the Mexico Industrial Hose Market Share as hoses made from natural rubber provide good resistance to abrasion. Also, they provide greater flexibility and excellent adhesion. Moreover, the Nitrile rubber hoses provides resistance to oil, fuel, and chemicals.

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:

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