Latin America Industrial Hose Market Size & Outlook
The industrial hose market in Latin America is expected to reach a projected revenue of US$ 1,394.1 million by 2030. A compound annual growth rate of 6% is expected of Latin America industrial hose market from 2024 to 2030.
Revenue, 2023 (US$M)
$926.9
Forecast, 2030 (US$M)
$1,394.1
CAGR, 2024 - 2030
6%
Report Coverage
Latin America
Latin America industrial hose market, 2018-2030 (US$M)
Latin America industrial hose market highlights
- The Latin America industrial hose market generated a revenue of USD 926.9 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, rubber was the largest revenue generating type in 2023.
- Rubber is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 926.9 million |
| Market revenue in 2030 | USD 1,394.1 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Rubber |
| Fastest growing segment | Rubber |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rubber |
| Key market players worldwide | JinYuan Rubber Manufacturing, Eaton, Flexaust, HANSA-FLEX AG, Gollmer & Hummel, Polyhose, Aeroflex |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.9% of the global industrial hose market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 5,920.8 million by 2030.
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Industrial Hose Market Scope
Industrial hose market segmentation & scope
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 |
|---|
Related regional statistics
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