The China Industrial Hoses market is is expected to surpass a valuation of US$ 1.9 Billion in the year 2031 and is expected to reach at a CAGR of 7.3% between 2021 and 2031.
The manufacturing vertical is resorting to industrial hoses for ascertaining minimum leakages with lower operating costs.
Cryogenic transfer hoses are in greater demand with growing importance of innovative solutions to transfer the natural resources from sea. The composite cryogenic hoses are used for transferring fluids at lower temperatures inclusive of butadiene, LNG, propane, and butane mixtures.
The above-mentioned cryogenic transfer hoses could be used for transferring liquid gases inclusive of medical oxygen from a container to the other. Digitized integration is the ongoing trend and expected to continue even in the forecast period. This trend is, in fact, expected to keep the cash registers ringing in the forecast period.
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At the same time, higher prices of industrial hoses are expected to restrain China industrial hoses market in the forecast period.
Future Market Insights has entailed these facts with future perspectives in its latest market study entitled ‘China Industrial Hoses Market’. It has its team of analysts and consultants to deploy an eagle’s eye view across macros and micros.
“With power generation being inevitable, China Industrial Hoses Market is expected to grow on a remarkable note in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from China Industrial Hoses Market
- The market is witnessing turbulence due to continuous enhancements in hose designs with the objectives of decreasing overall weight.
- Rubber is being used by various manufacturers due to lower costs.
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Competitive Hoses
- Eaton Corporation, in 2020, came up with 3 novel products to add to its portfolio of oil & gas well control products – 3” ID X 10,000 PSI Black Gold 10k Choke and Kill Hose. It caters to demands like sustenance to fire and utility in choke and kill applications.
- Tubes International has its machine shop abreast with test bench to test high pressure hose assemblies in diameters up to 6000 bar. ISO 1402 standard is being adhered to.
What does the Report Cover?
- The research study is based on material (plastics & polymers (PTFE, PUR, PVC, nylon, silicone, and hybrid), steel, braiding yarn, and composites), by product type (tank water hoses, gardening hoses, fuel hoses, diving hoses, brake hoses, bicycle hydraulic brake hoses, lubricant hoses, hydraulic hoses, mini hydraulic hoses, pneumatic hoses, cryogenic transfer hoses, and gas connection hoses), by pressure intake (low pressure, medium pressure, high pressure, and ultra high pressure), and by application (commercial plumbing, residential plumbing, gardening, manufacturing (food & beverages, chemicals, pharmaceuticals, and others), cryogenics & air separation plants, energy, marine engines & equipment, driving device, heavy duty trucks (off road construction & earth moving equipment, industrial forklifts, agricultural vehicles, mining vehicles, and fuel tankers), and water tankers).
- With growing demand for industrial hoses by life sciences domain, China industrial hoses market is expected to grow on a good note between 2022 and 2032.
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Industrial Hoses Market by Category
By Material:
- Plastics & Polymers
- Steel
- Braiding Yarn
- Composites
By Product Type:
- Tank Water Hoses
- Gardening Hoses
- Fuel Hoses
- Diving Hoses
- Brake Hoses
- Bicycle Hydraulic Brake Hoses
- Lubricant Hoses
- Hydraulic Hoses
- Mini Hydraulic Hoses
- Pneumatic Hoses
- Cryogenic Transfer Hoses
- Gas Connection Hoses
By Pressure Intake:
- Low Pressure
- Medium Pressure
- High Pressure
- Ultra High Pressure
By Application:
- Commercial Plumbing
- Residential Plumbing
- Gardening
- Manufacturing
- Cryogenics & Air Separation Plants
- Energy
- Marine Engines & Equipment
- Diving Device
- Vehicles
- Heavy Duty Trucks
- Water Tankers
About Us
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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