Hose Pipe Market Report : Trends, Forecast and Competitive Analysis 1

Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Industries Construction, automotive, oli & gas food & beverages, agriculture, others Market Segments by Product Type Hydraulic, pneumatic, chemical, and others Market Segments by Material Type Rubber, plastic, and others Market Segments by Diameter Type Large diameter and small diameter Market Segments by Working Pressure Type Low pressure, medium pressure, and high pressure Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name Sumitomo Riko, Eaton, Gates Corporation, Parker Hannifin, and Nichrin and others. Trend Growth Rate and CAGR4.3% Key Industry Forecast The global hose pipe market is expected to reach an estimated $26.5 billion by 2024 with a CAGR of 4.3% from 2019 to Key Industry Driver Driver: Increasing construction activities, growth in vehicle production, and increasing agricultural yield. 2

Industry Overview Market Size The global hose pipe market is expected to reach an estimated $26.5 billion by 2024 with a CAGR of 4.3% from 2019 to Emerging trends, which have a direct impact on the dynamics of the hose pipe industry, include development of self straighten to avoid twisting, and tangling and innovation of polyurethane safe soaker hose pipe. Market Size (2024)$26.5 billion CAGR ( )4.3% 3 Industry Performance : Forecast