Global Silicone Hose Market Overview:
A Hose is a Flexible & Hollow Tube That Finds its Usage in Transferring Fluid from One Location to Another. It Can be Used in Water or Other Liquid Environments or to Convey Air or Other Gases. Silicon Hose Offers a High Rate of Flow & Exceptional Resistance to Oils, Solvents & Other Non-Aqueous Solutions. It Has an Excellent Recoil Ability & Remains Flexible After Extensive Use Some of the players profiled in the study are Parker Hannifin (United States), Eaton (Ireland), Gates Corporation (United States), Colex International (United Kingdom), Titeflex Corporation (United States), Trelleborg Corporation (United Kingdom), Flexaust Inc. (United States), Purosil (United States), Tacna Services, Inc. (Mexico) and Thermal Flex (United States).
On the basis of geography, the market of Silicone Hose has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales Channel, the sub-segment i.e. Direct Sales will boost the Silicone Hose market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Diameter, the sub-segment i.e. 1/4" will boost the Silicone Hose market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Growth of Automotive Sector Making Use of Silicon Hose in Trucks, Cars, & Other Vehicles, Owing to its Better Temperature Tolerances & Ability to Handle Various Pressure Ranges
- Growth in the Refrigeration Industry Utilizing Silicon Hoses for its Capability to Perform Efficiently in Extreme Cold Temperatures
Influencing Trend
- Rising Investment in the Construction & Rubber Industry
Restraints
- The Fluctuations in the Price of the Raw Materials
Opportunities
- There is a Rising Opportunity for Market Expansion, Due to the Increasing Adoption & Utilization of Silicon Hose in Foods & Beverages Industry
- There Are Emerging Prospects for the Growth of Silicon Hose, Owing to its Surging Use in Agriculture Sector
Challenges
- Market Presence of Other Kind of Hoses like Pvc & Polyurethane May Pose a Challenge
Key Market Developments:
In October 2019, Parker Hannifin, a leading Player in motion & control technologies, introduced a new silicone hose series for use in thermal management applications. The 6722 X-Treme series of extruded silicone hoses meet the SAE J20 R3 Class A specification & can be installed not only as thermal management solutions, but also on the truck, bus, engine, or other applications where there is a requirement for a high-efficiency cooling/heating circuit
In March 2018, Singer Equities, Inc. acquired Foster Hose & Fittings, headquartered in St. Louis, Missouri, United States. Foster Hose & Fittings is a distributor & fabricator of industrial hose, metal hose, silicone hose, hydraulic hose, fittings & expansion joints
The Market for the Silicone Hose is Fragmented with the Presence of Many Players. Leading Players Can Adopt Strategies Like a Merger, Acquisition, Expansion, New Product Launch, in Order to Gain Share Within the Market. Owing to Booming Industrialization & Urbanization, there are Growing Prospects for the New Players to Enter the Market
Target Audience:
Manufacturers of Silicone Hose, Distributors, Traders, & Suppliers, Importers & Exporters, Investors, Regulatory & Government Bodies and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Silicone Hose market on the basis of product [Heater Hose, Coolant Hose, Turbo Hose and Others] , application [Automotive, Chemical, Refrigeration, Food & Beverages, Agriculture and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Silicone Hose market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Silicone Hose industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are Leyland Silicone Hose (United Kingdom), JW Roberts (United States), Artel Rubber Company (United Kingdom), Himsan Polymer (India) and Tubes International Sp. (Poland).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Silicone Hose market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.