Global Industrial Hose Market Size & Outlook, 2023-2030

The industrial hose industry worldwide is expected to reach a projected revenue of US$ 20,995.8 million by 2030. A compound annual growth rate of 6.5% is expected of the worldwide industrial hose industry from 2024 to 2030.
Revenue, 2023 (US$M)
$13,531.4
Forecast, 2030 (US$M)
$20,995.8
CAGR, 2024 - 2030
6.5%
Report Coverage
Worldwide

Global industrial hose market, 2018-2030 (US$M)

Global industrial hose market highlights

  • The global industrial hose market generated a revenue of USD 13,531.4 million in 2023 and is expected to reach USD 20,995.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 6.5% by 2030.
  • In terms of segment, rubber accounted for a revenue of USD 13,531.4 million in 2023.
  • Rubber is the most lucrative type segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2023.


Global data book summary

Market revenue in 2023USD 13,531.4 million
Market revenue in 2030USD 20,995.8 million
Growth rate6.5% (CAGR from 2023 to 2030)
Largest segmentRubber
Fastest growing segmentRubber
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRubber


Other key industry trends

  • In terms of revenue, the North America accounted for 27.5% of the global industrial hose market in 2023.

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Industrial Hose Market Scope

Industrial hose market segmentation & scope
PVC
Silicone
Teflon
Other Materials (If Any)
Application
Automotive
Construction & Infrastructure
Oil & Gas
Pharmaceuticals
Food & Beverages
Water & Wastewater Treatment
Mining
Other Applications (If Any)
Countries
Argentina
Brazil
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Canada
Mexico
U.S.
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand

Industrial Hose Market Companies

Name Profile # Employees HQ Website

Global industrial hose market size, by regions, 2018-2030 (US$M)

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