Industrial Hose Market to Reach $22.1 Bn by 2030, Driven by Energy, Construction & M&A Activity | Eaton Corporation PLC, Continental AG, Transfer Oil S.p.A., United Flexible, Semperit AG Holding, Campbell Fittings Inc

The Industrial Hose Market was valued at USD 13.2 billion in 2022 and is expected to reach USD 22.1 billion by 2030, growing at a CAGR of 6.1% during the forecast period 2024-2031.

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Major Mergers & Acquisitions:
• Chart Industries and Flowserve merger: In June 2025, Chart Industries and Flowserve agreed to a $19 billion all-stock merger, forming a major provider in industrial liquid and gas handling-covering sectors like LNG, nuclear energy, and data centers. The deal positions the new company to compete with industrial processing giants such as Parker Hannifin. Completion is expected in Q4 2025, pending approvals.

• Parker acquires PIX Transmissions' hose and fittings business: The hose and fittings business of PIX Transmissions has been acquired by Parker, further expanding its industrial hose portfolio.

• Norres acquires Dutch Baggerman Group: Another strategic acquisition came via Norres, which took over the Dutch-based Baggerman Group, strengthening its position in hose manufacturing and distribution.

Industrial Hose Market Key Drivers:
• Infrastructure Growth - Ongoing construction of highways, ports, and industrial zones requires durable hoses for concrete placement, dewatering, and material handling.
• Rising Energy Exploration - Expansion in oil & gas drilling, refining, and transportation continues to create demand for high-pressure, heat-resistant industrial hoses.
• Agriculture and Irrigation - Growing mechanization and modern irrigation practices fuel the use of flexible and efficient hose systems in farming.
• Food & Beverage Industry Expansion - Increasing consumption of packaged food and beverages drives demand for hygienic, non-toxic hoses suitable for food-grade applications.
• Automotive and Manufacturing Growth - Hoses are integral for fuel transfer, cooling systems, and hydraulic operations, supporting growth in automotive and heavy machinery industries.
• Focus on Safety and Compliance - Industries are adopting advanced hose materials (such as reinforced rubber, silicone, and thermoplastics) to meet stricter safety standards and reduce operational risks.

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Industrial Hose Market Geographical Share:

Asia-Pacific: The region dominates the global market, driven by rapid industrialization, infrastructure development, and strong demand from sectors like construction, agriculture, and energy. China and India remain key contributors due to large-scale manufacturing hubs and growing oil & gas activities.

North America: The market is supported by advancements in shale gas exploration, strong automotive production, and a well-established chemical industry. The U.S. remains the largest contributor, with demand for specialized hoses for high-pressure and high-temperature applications.

Europe: Growth is fueled by stringent safety regulations, adoption of advanced hose technologies, and demand from automotive and food processing industries. Germany, France, and the UK represent major markets with a focus on high-quality, durable hoses.

Latin America: Rising investments in mining, agriculture, and oil exploration are boosting demand, particularly in Brazil and Mexico. Infrastructure upgrades also create opportunities for industrial hose applications.

Middle East & Africa: Strong oil & gas exploration activities, along with infrastructure development and water management projects, are driving hose demand. Countries like Saudi Arabia, UAE, and South Africa play a vital role in regional market expansion.

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Market Segments:
• By Material (Rubber, Polyurethane, PVC, Silicone, Others)
• By Pressure (Low-Pressure Industrial Hoses, Medium Pressure Industrial Hoses, High-Pressure Industrial Hoses)
• By Application (Building and Construction, Industrial Manufacturing, Pharmaceuticals, Automotive, Oil & Gas, Chemicals, Agriculture, Others)
• By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Market Key Players:
Key players are Eaton Corporation PLC, Continental AG, Transfer Oil S.p.A., United Flexible, Semperit AG Holding, Campbell Fittings Inc, Parker-Hannifin Corporation, Ryco Hydraulics, Polyhouse India Pvt Ltd and Gates Industrial Corporation PLC.

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