Market Overview:
The global drilling hose market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. Additionally, the growing exploration and production activities in regions such as North America, Latin America, Europe, Asia Pacific and Middle East & Africa are also propelling the growth of this market. The global drilling hose market is segmented on the basis of type into Class A, Class B, Class C, Class D, Class E and other segments. The class A segment is projected to lead the global drilling hose market during the forecast period from 2018 to 2030 owing to its high demand in various applications such as mining, oil & gas and geological exploration among others. On basis of application type; mining accounted for majority share in 2017 due increased useage across metal ore extraction process globally followed by oil & gas industry which will witness highest CAGR over next 10 years .
Product Definition:
A drilling hose is a type of industrial hose that is used to carry drilling mud and other fluids during the process of oil or gas drilling. The importance of a good quality drilling hose cannot be overstated, as it helps to ensure the safety and efficiency of the drill operation.
Class A:
The Class A segment is expected to grow at a CAGR of XX% over the forecast period owing to its properties such as superior strength, abrasion resistance, and high-temperature resistance. The growth factor for this segment is attributed to growing drilling activities in various regions including North America and Asia Pacific.
Increasing demand for class A hose can be attributed to its application in upstream oil & gas operations such as exploration, production, pipeline transport.
Class B:
The Class B drill hose is a type of high-pressure hydraulic hose used in drilling operations. It has a working pressure of up to 3,000 psi and is designed for use in wellbores with maximum depth below surface level of 6,500 feet. The product finds application in both conventional and unconventional oil & gas extraction operations.
Application Insights:
The demand for drilling hose is expected to increase with the growth of various applications, including oil & gas, mining, geology exploration and others. The oil & gas segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period owing to increasing production activities in shale basins across major economies including China, Argentina and U.S., among others.
Increasing investments by foreign players in onshore as well as offshore projects are anticipated to boost product demand over the coming years. In addition, favorable government regulations regarding health & safety along with an increasing number of M&A transactions are likely to positively impact industry growth over the forecast period.
Regional Analysis:
Asia Pacific dominated the global drilling hose market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of oil & gas, mining, and other industries that require regular maintenance and replacement of equipment. This is likely to drive demand for drilling hoses across various applications in the region.
The North America market was valued at USD X million in 2017 owing to high demand from oil & gas industry for hydraulic fracturing operations coupled with extensive use of water-soluble chemicals during shale exploration activities. In addition, increasing need for well intervention activities such as cementing procedures using heavy machinery are anticipated to propel product adoption across this region over the forecast period.
In Europe, Italy accounted for a major revenue share owing to presence of numerous oil & gas fields including those located off Italian coast which requires regular maintenance.
Growth Factors:
- Increasing demand for oil and gas due to population growth and industrialization
- Rising investment in drilling and exploration activities
- Technological advancements in drilling hose products
- Growing awareness about the benefits of using drilling hoses
- Stringent safety norms for the oil and gas industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Drilling Hose Market Research Report
By Type
Class A, Class B, Class C, Class D, Class E, Other
By Application
Mining, Oil & Gas, Geological Exploration, Others
By Companies
Pacific Hoseflex, Shanghai PME Industrial, LUCOHOSE, Hydrasun, Kuriyama, JYM, Hebei Qianli Rubber Products, Hengshui Ruiming Rubber Products, NRP Jones, Jingbo Petroleum Machinery, Pacific Hoseflex, Gates Corporation, Alfagomma Spa, Techoses Enterprise, Qingdao Hyrotech Rubber & Plastic Products, Henan Huvlone
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Drilling Hose Market Report Segments:
The global Drilling Hose market is segmented on the basis of:
Types
Class A, Class B, Class C, Class D, Class E, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining, Oil & Gas, Geological Exploration, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pacific Hoseflex
- Shanghai PME Industrial
- LUCOHOSE
- Hydrasun
- Kuriyama
- JYM
- Hebei Qianli Rubber Products
- Hengshui Ruiming Rubber Products
- NRP Jones
- Jingbo Petroleum Machinery
- Pacific Hoseflex
- Gates Corporation
- Alfagomma Spa
- Techoses Enterprise
- Qingdao Hyrotech Rubber & Plastic Products
- Henan Huvlone
Highlights of The Drilling Hose Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Class A
- Class B
- Class C
- Class D
- Class E
- Other
- By Application:
- Mining
- Oil & Gas
- Geological Exploration
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drilling Hose Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A drilling hose is a type of tubing used in the oil and gas industry to transport fluids.
Some of the key players operating in the drilling hose market are Pacific Hoseflex, Shanghai PME Industrial, LUCOHOSE, Hydrasun, Kuriyama, JYM, Hebei Qianli Rubber Products, Hengshui Ruiming Rubber Products, NRP Jones, Jingbo Petroleum Machinery, Pacific Hoseflex, Gates Corporation, Alfagomma Spa, Techoses Enterprise, Qingdao Hyrotech Rubber & Plastic Products, Henan Huvlone.
The drilling hose market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drilling Hose Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drilling Hose Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drilling Hose Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drilling Hose Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drilling Hose Market Size & Forecast, 2018-2028
4.5.1 Drilling Hose Market Size and Y-o-Y Growth
4.5.2 Drilling Hose Market Absolute $ Opportunity
Chapter 5 Global Drilling Hose Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Drilling Hose Market Size Forecast by Type
5.2.1 Class A
5.2.2 Class B
5.2.3 Class C
5.2.4 Class D
5.2.5 Class E
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Drilling Hose Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Drilling Hose Market Size Forecast by Applications
6.2.1 Mining
6.2.2 Oil & Gas
6.2.3 Geological Exploration
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drilling Hose Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drilling Hose Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Drilling Hose Analysis and Forecast
9.1 Introduction
9.2 North America Drilling Hose Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Drilling Hose Market Size Forecast by Type
9.6.1 Class A
9.6.2 Class B
9.6.3 Class C
9.6.4 Class D
9.6.5 Class E
9.6.6 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Drilling Hose Market Size Forecast by Applications
9.10.1 Mining
9.10.2 Oil & Gas
9.10.3 Geological Exploration
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Drilling Hose Analysis and Forecast
10.1 Introduction
10.2 Europe Drilling Hose Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Drilling Hose Market Size Forecast by Type
10.6.1 Class A
10.6.2 Class B
10.6.3 Class C
10.6.4 Class D
10.6.5 Class E
10.6.6 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Drilling Hose Market Size Forecast by Applications
10.10.1 Mining
10.10.2 Oil & Gas
10.10.3 Geological Exploration
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Drilling Hose Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Drilling Hose Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Drilling Hose Market Size Forecast by Type
11.6.1 Class A
11.6.2 Class B
11.6.3 Class C
11.6.4 Class D
11.6.5 Class E
11.6.6 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Drilling Hose Market Size Forecast by Applications
11.10.1 Mining
11.10.2 Oil & Gas
11.10.3 Geological Exploration
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Drilling Hose Analysis and Forecast
12.1 Introduction
12.2 Latin America Drilling Hose Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Drilling Hose Market Size Forecast by Type
12.6.1 Class A
12.6.2 Class B
12.6.3 Class C
12.6.4 Class D
12.6.5 Class E
12.6.6 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Drilling Hose Market Size Forecast by Applications
12.10.1 Mining
12.10.2 Oil & Gas
12.10.3 Geological Exploration
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Drilling Hose Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Drilling Hose Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Drilling Hose Market Size Forecast by Type
13.6.1 Class A
13.6.2 Class B
13.6.3 Class C
13.6.4 Class D
13.6.5 Class E
13.6.6 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Drilling Hose Market Size Forecast by Applications
13.10.1 Mining
13.10.2 Oil & Gas
13.10.3 Geological Exploration
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drilling Hose Market: Competitive Dashboard
14.2 Global Drilling Hose Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pacific Hoseflex
14.3.2 Shanghai PME Industrial
14.3.3 LUCOHOSE
14.3.4 Hydrasun
14.3.5 Kuriyama
14.3.6 JYM
14.3.7 Hebei Qianli Rubber Products
14.3.8 Hengshui Ruiming Rubber Products
14.3.9 NRP Jones
14.3.10 Jingbo Petroleum Machinery
14.3.11 Pacific Hoseflex
14.3.12 Gates Corporation
14.3.13 Alfagomma Spa
14.3.14 Techoses Enterprise
14.3.15 Qingdao Hyrotech Rubber & Plastic Products
14.3.16 Henan Huvlone
