Thailand Industrial Hose Market Outlook (2023-2029) | Size, Trends, Industry, Analysis, Share, Growth, COVID-19 IMPACT, Revenue, Forecast, Companies & 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: ETC359665	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

Thailand Industrial Hose Market Competition 2023

Thailand Industrial Hose market currently, in 2023, has witnessed an HHI of 1990, Which has decreased slightly as compared to the HHI of 2342 in 2017. The market is moving towards moderately 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.

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

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

In the year 2021, Japan was the largest exporter in terms of value, followed by China. It has registered a growth of 69.29% over the previous year. While China registered a growth of 80.08% as compared to the previous year. In the year 2017, Japan was the largest exporter followed by China. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Thailand has the Herfindahl index of 2001 in 2017 which signifies moderately concentrated also in 2021 it registered a Herfindahl index of 1966 which signifies moderately concentrated in the market.

Thailand Industrial Hose Market - Export Market Opportunities

Topics Covered in the Thailand Industrial Hose Market

The Thailand 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.

Thailand Industrial Hose Market Synopsis

Thailand Industrial Hose Market is one of the largest markets in the world. It serves as an essential tool for transporting fluids and gases in various industries. The market comprises both local manufacturers and international players, offering a wide range of products to cater to diverse industrial needs. In recent years, there has been a surge in demand for high-quality hoses that can withstand extreme temperatures and pressure levels commonly found in these industries. To meet this growing demand, many companies have invested heavily in research and development to produce innovative solutions that can endure the toughest working conditions. As more businesses seek reliable means of transportation within their operations, it is expected that the Thailand Industrial Hose Industry will complete its upward trajectory in the forthcoming years.

According to 6Wresearch, the Thailand Industrial Hose Market is expected to grow rapidly during the forecast period 2023-2029. The Thailand industrial hose market is projected to grow significantly in the coming years on account of growing demand from various industries. Additionally, the increasing focus on safety regulations and environmental concerns is also driving the Thailand Industrial Hose Market Growth. However, fluctuating raw material prices and intense competition among key players in the industry are expected to hinder the overall growth of this market. To overcome these challenges, companies need to innovate their products and offer customized solutions to customers. Despite these challenges, the rise of automation technology is expected to increase demand for hoses used in automated machinery systems.

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

The COVID-19 pandemic has had a crucial impact on the Thailand Industrial Hose Market Size to a great extent. The demand for industrial hoses across various industries has been severely impacted due to the slowdown in economic activities caused by the epidemic. The disruptions in global supply chains also affected the import of raw materials required for manufacturing industrial hoses leading to reduced output. However, some segments of the market have seen an increase in demand due to changing consumer behavior as there was an increased demand for medical-grade hoses used in hospitals and healthcare facilities.

Leading players in the Thailand Industrial Hose Market

The market for industrial hoses in Thailand which is a major part of the Asia Pacific Industrial Hose Market is extremely competitive and comprises several major players. These key players have their operations and manufacturing facilities spread across the country. Some of the prominent players in the Thailand industrial hose market includes

Trelleborg Group
Gates Corporation
Parker Hannifin Corporation
Eaton Corporation PLC.
RYCO Hydraulics Pty Ltd.
Semperit AG Holding all

Market Analysis by Material

According to Shivankar, Research Manager, 6Wresearch, the Natural Rubber segment includes industrial hoses made from natural rubber, which offers good flexibility. Nitrile Rubber is widely used in industries where oil resistance is critical. PVC hoses are lightweight and resistant to chemicals, and abrasion. Silicone hoses have high-temperature resistance and excellent electrical insulation properties. Polyurethane hoses offer exceptional flexibility and they are often used in industries where flexibility and toughness are required.

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:

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