Press release
Automotive Rubber Hoses Market Size (Value & Volume), Future Trends, Opportunities and Sales Channels, Forecast 2027
The objectives of this study are as follows:
• To define, describe, and forecast the " Automotive Rubber Hoses " market by type, application, component, delivery model, end user, and region
• To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
• To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
• To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
• To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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Conveyance of important fluids such as coolant, fuel and lubricants within an automobile is an integral process duly carried out by flexible conduits known as automotive rubber hoses where the build material is mainly rubber or any of its variants. In addition to transmission of various fluids, automotive rubber hoses also effectively convey pressure from one actuation point to another in a hydraulic circuit as well as function as a medium to create vacuum wherever necessary in an automobile. The design of automotive rubber hoses is governed by parameters including application, working conditions, pressure ratings, compatibility with varying chemicals and fluids, etc. Automotive applications such as HVAC, braking and steering systems require the assistance of automotive hoses to ensure smooth functioning of various systems. With the move towards increasing the performance and efficiency of automobiles without compromising on fuel consumption, the inclusion of turbochargers in the power unit system of a vehicle is on the rise, paving a way for the growth of long lasting and extra durable automotive rubber hoses favouring the growth of the market on a long term basis.
Automotive Rubber Hoses Market Dynamics
The primary factor driving the growth of the automotive rubber hoses market is the ever increasing production of automobiles owing to changing lifestyle of customers, increase in disposable incomes and preference of having a personal vehicle. Automotive hoses made of synthetic materials such as heavy duty plastics and composites are slightly costlier than that of hoses made of rubber, prompting a shift towards the cheaper alternative by the customers, thus paving a way for the growth of the automotive rubber hoses market. The year on year strengthening of emission norms and regulations implemented by the Governments of various countries is also another key factor prompting the manufacturers to come up with solutions to build durable rubber hoses, further augmenting the growth of the market.
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Automotive Rubber Hoses Market: Segmentation
Automotive Rubber HosesMarket can be segmented mainly on the basis of vehicle type, application, sales channel and product type.
By vehicle type, the market can be segmented as:
• Passenger cars
• Light Commercial vehicles
• Heavy Commercial vehicles
• Special Purpose vehicles
• Two Wheelers
By application, the market can be segmented as:
• Turbocharger hoses
• Engine Heating, cooling and radiator hoses
• Air Conditioning hoses
• Lubrication hoses
• Transmission hoses
• Brake hoses
• Fuel hoses
By sales channel, the market can be segmented as:
• Original Equipment Manufacturer (OEM)
• Aftermarket
By product type, the market can be segmented as:
• Non-reinforced rubber hoses
• Metal-reinforced rubber hoses
Automotive Rubber Hoses Market: Regional Outlook
In North America region, the U.S. is expected to exhibit robust growth in the automotive rubber hoses market, followed by Canada, considering the flourishing automotive industry in the region. Asia Pacific region is on par with North America, exhibiting high potential for the market owing to growing vehicle production in China, India and Japan. Emerging countries in the Latin America region such as Mexico and Brazil create attractive opportunities for the automotive rubber hoses market as many well-known automobile manufacturers have set up their automotive plants in these countries. Resale of automobiles in Middle East and Africa is a popular trend in the region prompting a healthy sales of aftermarket automotive rubber hoses improving the market as far as the aftermarket segment is concerned.
Automotive Rubber Hoses Market: Market Participants
Examples of some of the market participants identified in the Global Automotive Rubber Hoses market are
• Semperit AG Holding
• Hutchinson SA
• Nichirin Co., Ltd.
• Imperial Auto Industries Limited
• Marugo Rubber Industries,Ltd.
• Cooper-Standard Holdings Inc.
• Jayem Auto Industries Pvt. Ltd.
• Gates Corporation
• Mackay Consolidated Industries Pty Ltd.
• The Yokohama Rubber Co., Ltd.
• Maflow Group
• Sumitomo Riko Co., Ltd.
• Continental AG
• Eaton Corporation Plc
• United Rubber Industries (I) Pvt. Ltd.
• Shore Auto Rubber Export Pvt Ltd.
• Codan Rubber A/S
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
• Tailwinds and headwinds molding the market’s trajectory
• Market segments based on products, technology, and applications
• Prospects of each segment
• Overall current and possible future size of the market
• Growth pace of the market
• Competitive landscape and key players’ strategies
The main aim of the report is to:
• Enable key stakeholder’s in the market bet right on it
• Understand the opportunities and pitfalls awaiting them
• Assess the overall growth scope in the near term
• Strategize effectively with respect to production and distribution
MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.
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