Thailand Industrial Hose Market by Product Type (Hydraulic Hose, Layflat Hose, Wras Hose, Oil Resistant Hose, Corrugated Hose, Stripwound, Thermo-Duct and Others); By Material (Rubber, Polyurethane, Polyvinyl Chloride, Metal, Thermoplastics, Composite, Silicone and Others); By Wire Type (Wire Braided and Spiral Wire); By Pressure (Less Than 3000 Psi, Between 3000 To 6000, and More Than 6000); By End-User Industry (Oil & Gas, Steelworks, Water, Agriculture, Pharmaceuticals and Food, Automotive, Mining, and Others)- Analysis of market share, size & trends for 2016-19 and forecasts to 2030
Industrial hose is a specific term for Hose that is used in different capacities in several diverse industries. An industrial flexible hose is used for the transport, under pressure or vacuum conditions, of fluids as well as gases and solids. They offer quick deployment, elimination of vibrations, and installation disturbances as opposed to fixed pipeline installation. A flexible hose is designed for different industrial uses to deal with different pressure levels. Hoses come in a variety of types and sizes and are made of some different materials, based on the commodity being transferred, the volume, and the pressures needed to move them. According to the implementation, material, and design, the structures are divided into a variety of categories.
Thailand Industrial Hose Market is anticipated to reach USD XXXX Million by 2030 from USD XXXX Million in 2019 growing at a CAGR of XX% during the forecast period. The Sanitary ware market is expected to grow on the back of the following reasons. The increasing demand for vigorous industrial pipe technology is fueling the market demand from several end-user industries, including chemical/petrochemical plants, oil & gas, and agriculture. Increased agricultural production to meet the rising demand for food with the increasing consumption pattern of people across the region.
Thailand Industrial Hose Market: Segments
Innovations in Hydraulic Hose
Thailand Industrial Hose Market on the basis of product type is segmented into hydraulic hoses, layflat hose, wars hose, oil resistant hose, corrugated hoses, stripwound, thermo-duct and others. Among these, the hydraulic segment dominated the industrial hose market with a market share of XX% in 2019 and is expected to continue dominating the market over the projected duration owing to wide range of applications in different sectors. Moreover, increasing innovation in the material has increased hydraulic hose demand.
Thailand Industrial Hose Market: Market Dynamics
The growing number of infrastructural initiatives encourages private infrastructure involvement to invest more, stimulating the demand for the industrial hose. Also, the population is projected to rise rapidly in Thailand. Consequently, innovations in infrastructure are increasing and demand for the hose is created. Infrastructure improvements are the main impetus of rapid urbanization and industrialization.
Growing Automobile Industry
It is estimated that the automobile industry will account for one of the largest shares of the industrial hose market. Increasing the sales volume of automobiles due to the region’s high disposable income and standard of living enables the automobile industry to expand faster, thereby stimulating the demand of the industrial hose market. The automobile industry is at the forefront of innovation due to increasing sales.
Inadequate Technical Knowledge
For installing hose, certain technical skills are needed to fit hose at distinct locations. While installation or during use, the hose should not be extended, broken, smashed, or twisted. Also, a wrongly installed hose may cause severe injury or damage property due to whipping or fire or explosion of vapor released from the hoses. Likewise, the installation of a hose with an inappropriate length leads to cracking, which leads to a serious leak.
· Bridgestone NCR Co. Ltd.
Key Product Offerings
Key Performance Indicators
· Semperflex Asia Corp. Ltd.
· WI Ltd.
· Wice Logistics Public Co.
· Seino Logix Co. Ltd.
· New Lines Co. Ltd.
· Rohlig Ltd.
· Topocean Thailand
· Koman Hydraulic Co. Ltd.
· Schenker Ltd.
Thailand Industrial Hose Market Report also contains an analysis on:
· Thailand Industrial Hose Market by segment:
• By Product Type
Oil Resistant Hose
• By Material
• By Wire Type
• By Pressure
Less than 3000 Psi
Between 3000 to 6000
More than 6000
• By End-Users
Oil & Gas
Pharmaceuticals and Food
· Thailand Industrial Hose Market Size
· Thailand Industrial Hose Market Dynamics
· Supply and Demand
· Current Issues/trends/challenges
· Competition and Companies Involved in the Market
· Value Chain of the Market
· Market Drivers and Restraints