Market Overview:
The global steel industrial hose 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 steel industrial hoses from various end-use industries, such as oil and gas, steelworks, pharmaceutical and food, automotive, chemical and others. In terms of type, the food grade segment is projected to lead the global steel industrial hose market during the forecast period. This can be attributed to its growing demand from end-use industries such as pharmaceuticals and food processing plants.
Product Definition:
Steel Industrial Hose is a hose made of steel and used for industrial applications. It is often used to carry hot or cold fluids, as well as gases. The importance of Steel Industrial Hose lies in its ability to withstand high pressure and heat, making it ideal for use in a variety of industrial settings.
Food Grade:
Food grade steel industrial hose is a type of industrial hose that is used in food & beverage and pharmaceutical industries. It’s properties such as flexibility, low friction, high temperature resistance make it suitable for the above mentioned industries. Steel food grade industrial hoses are available in various sizes and shapes to suit the application requirements.
Chemical Grade:
Chemical grade is a general term for steel that has been processed to remove impurities such as sulfur, phosphorus, and other metals. It can be further refined using an electric furnace or by the use of chemicals. Chemical refining increases the strength and durability of steel but at the expense of some flexibility and ductility. The chemical process used to produce high-grade steel is known as carburizing or carbonitriding (Carbonitration).
Application Insights:
The oil and gas segment dominated the global steel industrial hose market in 2017, accounting for a revenue share of over 30%. The segment is expected to retain its dominant position throughout the forecast period due to rising demand for natural gas from various countries such as Russia, China, and Australia. Furthermore, increasing exploration activities in shale basins such as North America are anticipated to augment product demand.
The pharmaceutical and food application segment accounted for a significant revenue share in 2017 owing to high-performance requirements from these industries. Steel industrial hoses are used extensively in processing plants of pharmaceutical industry on account of their properties including durability & flexibility required during handling of viscous fluids like drugs & biologics with temperature range between 0°Cto 70°C along with resistance towards chemicals & aromatics which enhances operational efficiency & reduces maintenance cost over traditional rubber products.
Regional Analysis:
Asia Pacific dominated the global steel industrial hose market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Growing population coupled with increasing living standards have spurred consumer spending on various goods including automobiles and home appliances in these countries. This has resulted in increased demand for steel industrial hoses used for transferring fluids from one place to another within a plant or between plants of an organization as well as at oil refineries across Asia Pacific.
The Middle East & Africa accounted for a significant share of revenue share owing to the presence of major crude oil producers such as Saudi Arabia, UAE (United Arab Emirates), Iran.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of steel industrial hose in Asia Pacific region
- Rising investments in research and development by leading players to develop new products
- Proliferation of online retail platforms that offer a wide range of steel industrial hose products at competitive prices
- Expansion of global manufacturing base, which is expected to create new opportunities for the growth of the steel industrial hose market
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Industrial Hose Market Research Report
By Type
Food Grade, Chemical Grade
By Application
Oil and Gas, Steelworks, Pharmaceutical and Food, Automotive, Chemical, Others
By Companies
Sumitomo Riko, Semperit, Bridgestone, Parker, HANSA-FLEX, Eaton, Yokohama Rubber, LETONE-FLEX, Gates, Continental, Manuli
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Steel Industrial Hose Market Report Segments:
The global Steel Industrial Hose market is segmented on the basis of:
Types
Food Grade, Chemical Grade
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
Oil and Gas, Steelworks, Pharmaceutical and Food, Automotive, Chemical, 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:
- Sumitomo Riko
- Semperit
- Bridgestone
- Parker
- HANSA-FLEX
- Eaton
- Yokohama Rubber
- LETONE-FLEX
- Gates
- Continental
- Manuli
Highlights of The Steel Industrial 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:
- Food Grade
- Chemical Grade
- By Application:
- Oil and Gas
- Steelworks
- Pharmaceutical and Food
- Automotive
- Chemical
- 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 Steel Industrial 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Steel industrial hose is a type of high-pressure hose used in industries such as oil and gas, mining, power generation, and chemical manufacturing. It is made from steel wire that has been coiled into a spiral. The spiral helps to reduce the amount of air that can be trapped inside the hose, which makes it more resistant to kinking and bursting.
Some of the major companies in the steel industrial hose market are Sumitomo Riko, Semperit, Bridgestone, Parker, HANSA-FLEX, Eaton, Yokohama Rubber, LETONE-FLEX, Gates, Continental, Manuli.
The steel industrial hose 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 Steel Industrial 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 Steel Industrial Hose Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Steel Industrial 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 Steel Industrial 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 Steel Industrial Hose Market Size & Forecast, 2020-2028 4.5.1 Steel Industrial Hose Market Size and Y-o-Y Growth 4.5.2 Steel Industrial Hose 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 Food Grade
5.2.2 Chemical Grade
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 Oil and Gas
6.2.2 Steelworks
6.2.3 Pharmaceutical and Food
6.2.4 Automotive
6.2.5 Chemical
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steel Industrial 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 Steel Industrial 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 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 Food Grade
9.6.2 Chemical Grade
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 Oil and Gas
9.10.2 Steelworks
9.10.3 Pharmaceutical and Food
9.10.4 Automotive
9.10.5 Chemical
9.10.6 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 Food Grade
10.6.2 Chemical Grade
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 Oil and Gas
10.10.2 Steelworks
10.10.3 Pharmaceutical and Food
10.10.4 Automotive
10.10.5 Chemical
10.10.6 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 Food Grade
11.6.2 Chemical Grade
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 Oil and Gas
11.10.2 Steelworks
11.10.3 Pharmaceutical and Food
11.10.4 Automotive
11.10.5 Chemical
11.10.6 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 Food Grade
12.6.2 Chemical Grade
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 Oil and Gas
12.10.2 Steelworks
12.10.3 Pharmaceutical and Food
12.10.4 Automotive
12.10.5 Chemical
12.10.6 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 Food Grade
13.6.2 Chemical Grade
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 Oil and Gas
13.10.2 Steelworks
13.10.3 Pharmaceutical and Food
13.10.4 Automotive
13.10.5 Chemical
13.10.6 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 Steel Industrial Hose Market: Competitive Dashboard
14.2 Global Steel Industrial Hose Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumitomo Riko
14.3.2 Semperit
14.3.3 Bridgestone
14.3.4 Parker
14.3.5 HANSA-FLEX
14.3.6 Eaton
14.3.7 Yokohama Rubber
14.3.8 LETONE-FLEX
14.3.9 Gates
14.3.10 Continental
14.3.11 Manuli