Market Overview:
The global hose wire market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hose wire in various applications, such as equipment hose, construction machinery hose, mining, aerospace and others. Additionally, the growing demand for high tensile wires is also contributing to the growth of this market. However, factors such as volatility in raw material prices and stringent government regulations may hamper the growth of this market during the forecast period.
Product Definition:
Hose wire is a type of stranded wire that is used for making electrical connections to appliances and other devices. It is made up of several small strands of copper wire that are twisted together, and it has a high level of resistance to corrosion. This makes it ideal for use in applications where there is a lot of moisture present. Hose wire can be used for both DC and AC circuits, and it is available in both standard and marine grades.
Regular Tensile:
Regular tensile is a type of wire that has high electrical resistance and low elasticity. It is widely used in the manufacturing of hoses, cables, ropes, and other products due to its characteristics such as flexibility at lower temperatures & higher strength than standard wires. The product also provides better insulation properties which make it more efficient for use in heat resistant applications.
The global hose wire market was valued at USD 1.22 billion in 2015.
High Tensile:
High tensile is a type of rubber hose that has more than doubled its normal breaking strain and can be used for low-pressure applications. It is also known as extra high or super-high tenacity rubber hose. The term “high tensile” is often used interchangeably with “extra high pressure”, although they have slightly different definitions.
Application Insights:
The equipment hose segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to an increase in demand from construction, mining, oil & gas and other industries. Equipment hoses are used for general purpose applications including on-site cleaning as well as spraying & watering operations during farming activities or gardening etc.
Construction machinery hose is manufactured using high tensile strength wire that meets stringent requirements of agricultural machinery such as tractors, harvesters etc., These products are also used on heavy-duty construction equipment such as backhoe loaders which require strong resistance against abrasion and impact while providing excellent flexibility properties required by most modern farm vehicles equipped with state-of-the art hydraulic systems.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in infrastructure development, which is driving hose wire demand. In addition, increasing automotive production and favorable government regulations are likely to drive product demand over the next eight years.
The growing manufacturing sector in emerging economies such as China and India coupled with increasing foreign investments have contributed significantly toward increased industrial activities across these countries, thereby driving product sales globally. Furthermore, rising construction activities due to urbanization are anticipated to fuel hose wire demand further over the coming years.
Europe accounted for a significant share of revenue on account of high automobile production along with extensive usage of machinery for various applications including food processing industries and oil & gas exploration & drilling operations across this region during past few years; hence it emerged as one of major markets for hose wires globally.
Growth Factors:
- Increasing demand from the automotive industry for hose wire as a replacement to traditional metal wires.
- Growing demand for hose wire in the construction and engineering sectors due to its high strength and durability.
- Rising popularity of hose wire in electrical wiring applications due to its low resistance property.
- Increasing use of hose wire in medical devices and equipment owing to its non-toxic nature and biocompatibility properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hose Wire Market Research Report
By Type
Regular Tensile, High Tensile
By Application
Equipment Hose, Construction Machinery Hose, Mining, Aerospace, Others
By Companies
Bekaert, Kiswire, Tokyo Rope Mfg, Jiangsu Xingda, Shandong Daye, Hysoung, Jiangsu Shengda, TOKUSEN KOGYO Co.,ltd, Rajratan Global Wires, USTAV WOLF GmbH, Baygold Group, Hubei Hengxing
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
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Hose Wire Market Report Segments:
The global Hose Wire market is segmented on the basis of:
Types
Regular Tensile, High Tensile
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
Equipment Hose, Construction Machinery Hose, Mining, Aerospace, 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:
- Bekaert
- Kiswire
- Tokyo Rope Mfg
- Jiangsu Xingda
- Shandong Daye
- Hysoung
- Jiangsu Shengda
- TOKUSEN KOGYO Co.,ltd
- Rajratan Global Wires
- USTAV WOLF GmbH
- Baygold Group
- Hubei Hengxing
Highlights of The Hose Wire 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:
- Regular Tensile
- High Tensile
- By Application:
- Equipment Hose
- Construction Machinery Hose
- Mining
- Aerospace
- 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 Hose Wire 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Hose wire is a type of electrical cable made from several strands of metal that are twisted together. The wires are often coated in plastic or rubber to make them less likely to spark and create fires. Hose wire is used for a variety of purposes, including wiring cars and trucks, connecting buildings, and securing equipment.
Some of the major players in the hose wire market are Bekaert, Kiswire, Tokyo Rope Mfg, Jiangsu Xingda, Shandong Daye, Hysoung, Jiangsu Shengda, TOKUSEN KOGYO Co.,ltd, Rajratan Global Wires, USTAV WOLF GmbH, Baygold Group, Hubei Hengxing.
The hose wire market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hose Wire 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 Hose Wire Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hose Wire 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 Hose Wire 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 Hose Wire Market Size & Forecast, 2020-2028
4.5.1 Hose Wire Market Size and Y-o-Y Growth
4.5.2 Hose Wire Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Regular Tensile
5.2.2 High Tensile
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Equipment Hose
6.2.2 Construction Machinery Hose
6.2.3 Mining
6.2.4 Aerospace
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hose Wire 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 Hose Wire 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Regular Tensile
9.6.2 High Tensile
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 Market Size Forecast by Applications
9.10.1 Equipment Hose
9.10.2 Construction Machinery Hose
9.10.3 Mining
9.10.4 Aerospace
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Regular Tensile
10.6.2 High Tensile
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 Market Size Forecast by Applications
10.10.1 Equipment Hose
10.10.2 Construction Machinery Hose
10.10.3 Mining
10.10.4 Aerospace
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Regular Tensile
11.6.2 High Tensile
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 Market Size Forecast by Applications
11.10.1 Equipment Hose
11.10.2 Construction Machinery Hose
11.10.3 Mining
11.10.4 Aerospace
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Regular Tensile
12.6.2 High Tensile
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 Market Size Forecast by Applications
12.10.1 Equipment Hose
12.10.2 Construction Machinery Hose
12.10.3 Mining
12.10.4 Aerospace
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Regular Tensile
13.6.2 High Tensile
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) Market Size Forecast by Applications
13.10.1 Equipment Hose
13.10.2 Construction Machinery Hose
13.10.3 Mining
13.10.4 Aerospace
13.10.5 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 Hose Wire Market: Competitive Dashboard
14.2 Global Hose Wire Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bekaert
14.3.2 Kiswire
14.3.3 Tokyo Rope Mfg
14.3.4 Jiangsu Xingda
14.3.5 Shandong Daye
14.3.6 Hysoung
14.3.7 Jiangsu Shengda
14.3.8 TOKUSEN KOGYO Co.,ltd
14.3.9 Rajratan Global Wires
14.3.10 USTAV WOLF GmbH
14.3.11 Baygold Group
14.3.12 Hubei Hengxing
