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Hydraulic Hose Fittings Market to Witness Robust Expansion by 2024– Top Key players like Parker,Gates,Manuli,Inc.
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A hydraulic hose (or hydraulic hose fitting) is a synthetic rubber hose, which can withhold high pressure. The hydraulic hose is mainly used to transmit fluid power or fluid within hydraulic machinery. A hydraulic hose is consisting of an inner rubber protection layer, middle rubber layer, steel wire spiral layer and external rubber cover. The inner rubber protection layer resistant to liquids and protects the steel wire spiral layer from corrosion. The external rubber cover protects the steel wire spiral layer against damage. While the steel wire spiral layer plays a role like bones of human.
Ffor industry structure analysis, the hydraulic hose fittings industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 50.79% of the revenue market. Regionally, Europe is the biggest sales value area, while China is the leader in the whole hydraulic hose fittings consumption volume.
China occupied 25.54% of the sales market in 2018. It is followed by Europe and North America, which respectively account for around 23.86% and 22.23% of the global total industry. Other countries have a smaller amount of sales.
For price trend analysis, a key variable in the performance of hydraulic hose fittings producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
The global Hydraulic Hose Fittings market is valued at 1970 million US$ in 2018 is expected to reach 2610 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2019-2025.
Market Segment by Manufacturers, this report covers
Parker
Gates
Manuli
Yokohama Rubber
Alfagomma
Bridgestone
Sumitomo Riko
Eaton
Semperit
HANSA-FLEX
Continental
RYCO
Kurt
LETONE-FLEX
Dagong
YuTong
Ouya Hose
JingBo
Jintong
Yuelong
Market Segment by Type, covers
Spiral Wire Hydraulic Hose
Wire Braided Hydraulic Hose
Market Segment by Applications, can be divided into
Industrial Application
Engineering Machinery
Mining
Others
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Related Information:
North America Hydraulic Hose Fittings Market Growth 2019-2024
United States Hydraulic Hose Fittings Market Growth 2019-2024
Asia-Pacific Hydraulic Hose Fittings Market Growth 2019-2024
Europe Hydraulic Hose Fittings Market Growth 2019-2024
EMEA Hydraulic Hose Fittings Market Growth 2019-2024
Global Hydraulic Hose Fittings Market Growth 2019-2024
China Hydraulic Hose Fittings Market Growth 2019-2024
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