The global abrasion resistant rubber hose market will be driven by the increasing use of abrasion resistant hoses in power plants during the forecast period 2022-2027

Expert Market Research’s new report titled “Global Abrasion Resistant Rubber Hose Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027”, gives an in-depth analysis of the global market. Abrasion Resistant Rubber Hose Market, assessing the market based on its segments such as product types, applications, and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.

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Key highlights of the report include:

Market Overview (2017-2027)

• Forecast CAGR (2022-2027): 5%

The market is driven by the increasing use of abrasion resistant pipes in coal-fired power plants. With the growing concerns over caustic sludge leakage during transportation via conventional pipes, the use of abrasion resistant rubber pipes is increasing, thereby driving the growth of the market. The increasing profitability of abrasion resistant rubber hoses is also increasing their use as an alternative to traditional steel hoses, thus propelling the growth of the industry. Additionally, the growing demand for abrasion resistant rubber hoses in power generation is contributing significantly to the growth of the market. It is estimated that the development of abrasion resistant rubber hoses that can withstand extreme abrasiveness is expected to give further impetus to the growth of the market in the coming years.

Industry definition and major segments

Abrasion-resistant rubber hose is a rubber hose that is made of abrasion-resistant materials and can withstand wear from friction. It is lightweight and resistant to chemicals and solvents. It also has excellent tensile strength and durability, due to which it is widely used in tough applications in various industries.

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The market, based on product type, can be categorized into:

• A flexible pipe
• Rigid pipe

Based on Application, the market is split into:

• Water treatment
Able
• Communication of signals
• Others

The Regional Markets for Abrasion Resistant Rubber Hose are:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market trends

The growth of the market can be attributed to the increasing use of abrasion resistant rubber hoses in water treatment. As the availability of drinking water and fresh water is drastically decreasing, the demand for abrasion resistant rubber hoses for water treatment is increasing, which is accelerating the growth of the market. With the heat-resistant properties and tensile strength offered by abrasion-resistant rubber hoses, their demand for preventing leaks in water tanks is increasing, which has a positive impact on the growth of the market. Additionally, the ease of installation and cost effectiveness of abrasion resistant hoses are increasing their demand in the oil and gas industry, which is expected to provide impetus for the growth of the industry.

Main market players

The major market players are Flexicraft Industries, Gates Corporation, PARKER HANNIFIN CORP, SISA nv, Industries 3R Inc. and Pacific Hoseflex. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.

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* At Expert Market Research, we always strive to give you the latest information. The figures in the article are only indicative and may differ from the actual report.

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