Industrial Hose Market Size, Share, Industry, Forecast and outlook (2024-2031)

The global industrial hoses market is projected to reach a staggering USD 22.1 billion by 2030, growing at a CAGR of 6.1% from 2024 to 2031. This surge is driven by diverse applications across industries like construction, automotive, and oil & gas.

Eaton Corporation, Continental AG, Transfer Oil S.p.A., United Flexible, and Semperit AG Holding are some of the leading players in the global industrial hoses market. These companies continuously innovate and offer diverse hose solutions for various industry needs.

Asia-Pacific currently holds the largest market share, driven by the booming oil and gas industry and rapid infrastructure development. However, North America and Europe are also significant players with established manufacturing and diverse industrial applications.

Rubber, polyurethane, PVC, and silicone are the leading materials used in industrial hoses, each catering to specific pressure, temperature, and chemical resistance needs.