Global Fire Hose Market Research Insights 2020-2029- Dragerwerk AG & Co. KGaA, Guardian Fire Equipment, Inc., Mercedes Textiles Limited

Fire Hose Market Snapshot:

The fire hose market was valued at USD 316.55 million in 2015 and is projected to reach USD 522.64 by 2025, with a CAGR of 6.0%.

Fire hose is a high-pressure flexible hollow tube developed to carry fire retardants to prevent the spread of fire. They are used by several municipal fire brigades, refineries, mills, ships, and commercial constructions. Larger diameters hose carries more water but at lower pressure while smaller diameters hose caries lesser water at higher pressure.

Oil and gas (O&G) industries account for more than 65% of the global energy supply, and activities in the O&G industry face a severe threat of fire accidents and explosions. Thus, fire hoses are commonplace in O&G extraction, transportation, and storage. The O&G industry is rapidly growing on account of increasing onshore and offshore exploration activities, which is bolstering the demand for fire hoses. Globally, political turbulence and uncertainties have compelled the nations to make substantial investments in their O&G industries to reduce dependency on other countries for these resources. For instance, in May 2020, the government of China permitted foreign firms with net assets of USD 43 million and above to participate in oil and gas exploration in the country.

Considering the nature of O&G, industry players are compelled to take the utmost precautions. The outcome of a fire outbreak or an explosion in an O&G facility can be catastrophic in terms of injuries, fatalities, financial losses, as well as operational breakdowns. Firefighting equipment and fire extinguishers play a crucial role in ensuring worker and workplace safety in such scenarios. Thus, many companies and refineries are focusing on fire prevention plans, particularly for fire-sensitive areas in facilities. Several public and other agencies also regulate safety measures in the O&G industry, which has compelled the industry players to comply with certain norms in terms of fire safety measures at their facilities.

Governments around the world are enforcing stringent building safety codes in light of the increasing number of building fire incidents. Emerging technologies and high adoption of advanced technological products have created issues related to electrical safety in the buildings. The extensive use of electrical products contributes to the increasing number of fire outbreaks in buildings, which has brought fire safety in the limelight, garnering attention from authorities to make regulatory frameworks more stringent for public safety.

As per the International Association of Fire and Rescue Services (CTIF), structure fires recorded a marked increase in various countries in 2018, wherein Luxembourg accounted for 87.4%, followed by Russia with 76.4%. The fatalities, injuries, and loss of property in these incidents have seen governments revise fire safety norms and regulations for greater safety. Under these revised guidelines and regulations, builders and contractors are urged to design buildings with fire safety provisions in mind.

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The Major Prominent Players Covered in this Report:
Dragerwerk AG & Co. KGaA
Guardian Fire Equipment, Inc.
Mercedes Textiles Limited
Jakob Eschbach GmbH
Laser-Tech Fire Protection
National Fire Equipment Ltd.
Newage Fire Protection Services Pvt. Ltd.
North American Fire Hose Corporation
Richards Hose Ltd.
Superior Fire Hose Corp.
Kuriyama of America, Inc.
Chhatariya Firetech Industries
Dixon Valve & Coupling Company, LLC
Niedner Ltd.
Angus Fire, Delta Fire Ltd
Terraflex, Ziegler GmbH
AAH Acquisition LLC (All-American Hose)

Fire Hose Market Segmentation-
By Product Type- Attack Hose, Supply Line Hose, Booster Hose, Forestry hose, Suction Hose,
By Application- Municipal Fire Service, Industry, Commercial,
By Sales Channel- Direct Channel, Distribution Channel

Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Fire Hose in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Fire Hose market during the forecast period 2019-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Fire Hose and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Fire Hose. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.

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Key Questions Answered in The Report:
What will the Fire Hose market growth rate?
What are the key factors driving the global Fire Hose market?
Who are the key manufacturers in the Fire Hose market space?
What are the market opportunities, market risk, and market overview of the Fire Hose market?
What are sales, revenue, and price analysis of top manufacturers of the Fire Hose market?
Who are the distributors, traders, and dealers of the Fire Hose market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Fire Hose Industry?
What are sales, revenue, and price analysis by regions of Fire Hose industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Key Fire Hose Market Trends:
- The report identifies, determines, and forecasts the Global Fire Hose Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Fire Hose Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Fire Hose Market.

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