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Hydraulic Rubber Hose Market - Manufacturers View Construction Industry as Growth Opportunity

Hydraulic Rubber Hose Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022

 

Albany, NY -- (SBWIRE) -- 09/01/2018 -- A hydraulic hose is a type of hose made from synthetic rubber, or thermoplastic material. It is used to carry fluid which transmits force within the hydraulic machinery. These hoses are made in three different layers namely inner layer, reinforcement layer and outer protective layer that protects the hose from abrasion, weather and other chemicals or oil. The hydraulic rubber hose market is witnessing high demand from construction, industrial and agriculture sectors.

Moreover, their application in automotive industry is another significant factor driving the market. The lifespan of a hydraulic hose is limited due to continuously challenging environment that results in abrasion and thereby failure of hoses. Thus, the demand for hydraulic rubber hose in the coming years is anticipated to come from both new fittings as well as replacement of old hoses across industries.

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The key factor driving the hydraulic rubber hose market is the increasing demand from construction, agriculture and industrial sectors. There is high demand for hydraulic rubber hoses from the construction sector where these hoses are being used for the transfer of construction materials, air, water, and fuel.

In industrial applications, rubber hoses are used in material handling industry, chemical industry, and pulp and paper industries among others for conveyance of fluids. Furthermore, the replacement demand from industries to maintain operational efficiency is another key factor contributing to the market growth.

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The global hydraulic rubber hose market is segmented by application, types, and by geographic regions. The market has been segmented by application into agriculture machinery, lubrication lines, construction machinery, industrial and material handling equipment, power and telephony mobile equipment, others (blowout preventer control lines, etc.);. Based on the type of hose, the market is segmented into standard hydraulic rubber hose, mining hose, steam hose, air hose, spiral hose, others (water blast hose, fuel hose, and automobile air conditioning hose). Standard hydraulic rubber hoses are further studied based on different pressure ranges namely high pressure hydraulic rubber hoses, medium hydraulic rubber pressure hoses and low pressure hydraulic rubber hoses.