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

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: ETC359679	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

Saudi Arabia Industrial Hose Market Competition 2023

Saudi Arabia Industrial Hose market currently, in 2023, has witnessed an HHI of 1242, Which has increased slightly as compared to the HHI of 1187 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.

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

Saudi Arabia Industrial Hose Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Spain. It has registered a growth of 14.8% over the previous year. While Spain registered a growth of 39.54% as compared to the previous year. In the year 2017, Italy was the largest exporter followed by the UK. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Saudi Arabia has a Herfindahl index of 1187 in 2017 which signifies high competitiveness also in 2021 it registered a Herfindahl index of 1079 which signifies high competitiveness in the market.

Saudi Arabia Industrial Hose Market - Export Market Opportunities

Topics Covered in the Saudi Arabia Industrial Hose Market Report

The Saudi Arabia Industrial Hose Market report thoroughly covers the market by material, media type, and by industry. The 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.

Saudi Arabia Industrial Hose Market Synopsis

Saudi Arabia Industrial Hose Market is projected to expand over the coming years. Saudi Arabia is one of the world's largest oil producers and has a significant presence in the global oil and gas industry. The oil and gas sector requires industrial hoses for applications such as the transfer of petroleum products, chemicals, and gases. With ongoing exploration and production activities, as well as the expansion of refineries and petrochemical plants, the demand for industrial hoses in the oil and gas industry is expected to grow. Further, the Saudi Arabian government has implemented strict safety and environmental regulations to ensure worker safety and protect the environment. Industrial hoses play a critical role in meeting these regulations by providing safe and efficient fluid transfer, reducing the risk of leaks, spills, and accidents. The need for compliance with safety and environmental standards drives the demand for high-quality industrial hoses.

According to 6Wresearch, Saudi Arabia Industrial Hose Market size is projected to grow during 2023-2029. The key factors which are spurring the growth of the market are increasing industrial activities, construction projects, and infrastructure development. Demand for hoses may rise as industries expand and require efficient fluid transfer solutions. Additionally, Saudi Arabia is actively diversifying its economy and promoting industrial development. Industries such as oil and gas, petrochemicals, mining, construction, and manufacturing are expanding, leading to an increased demand for industrial hoses. These hoses are used for various applications such as fluid transfer, material handling, and conveying in industrial processes. Moreover, Saudi Arabia is investing heavily in infrastructure projects such as the construction of new cities, airports, ports, railways, roads, and industrial zones. These projects require the use of industrial hoses for applications such as water supply, sewage disposal, and dewatering. The demand for industrial hoses is driven by the need for efficient and reliable fluid transfer in infrastructure development.

COVID-19 Impact on Saudi Arabia Industrial Hose Market

The COVID-19 pandemic has created a striking impact on the industrial hose market in Saudi Arabia. During the initial phase of the pandemic, lockdown measures and restrictions on economic activities led to a slowdown in industrial operations, including construction and manufacturing. This, in turn, affected the demand for industrial hoses. Many projects were delayed or put on hold, resulting in a temporary decline in the market. However, as the situation gradually improved and restrictions were lifted, the industrial sector started to recover. The government's efforts to stimulate economic growth and diversify the economy through initiatives like Vision 2030 have also played a role in boosting industrial activities in Saudi Arabia.

Key Players in the Saudi Arabia Industrial Hose Market

Some of the major players in the market are Manuli Hydraulics Group, Eaton Corporation, and Gates Corporation. The leading few companies hold the mainstream of the Saudi Arabia Industrial Hose Market Share. The market is very competitive and the industrial hose market in Saudi Arabia is also influenced by global players who have a presence in the region.

Market by Material

According to Shivankar Guha, Research Manager, 6Wresearch. Saudi Arabia does have a significant rubber manufacturing sector, and it may import natural rubber from other countries to meet its industrial needs, including the production of industrial hoses. The growth of the natural rubber industry globally can impact the availability and prices of natural rubber, which in turn can influence the manufacturing and pricing of industrial hoses in Saudi Arabia. Additionally, the growth of the natural rubber industry depends on several factors, including weather conditions, global demand for rubber products, and the availability of land for rubber plantations. These issues have stimulated the Middle East Industrial Hose Market demand in recent years.

Market by Industry

In terms of industry, the market is categorized into automotive, infrastructure, oil & gas, pharmaceuticals, food & beverages and water & wastewater and others. Further, the oil and gas and infrastructure industries are leading the market. Additionally, the food and beverages and pharmaceutical industry also hold significant market share. These industries play a significant role in the growth of Saudi Arabia Industrial Hose industry.

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:

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