According to a new market report published by Credence Research “Hydraulic Thermoplastic Hose and Couplings Market is expected to expand at a CAGR of 4.7% from 2015 to 2022, reaching US$ 814.0 Mn by 2022.
The purpose of the report is to illustrate the state of the market of Hydraulic Thermoplastic Hose And Couplings, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2015, and also, to build a forecast for the growth of the industry in the medium term until 2022.
A hydraulic thermoplastic hose is a thermoplastic pipe designed to carry fluids necessary for transferring force inside hydraulic machinery. In view of high temperatures and pressures involved in hydraulic applications, choosing right raw material for manufacturing hoses is extremely crucial. Superior characteristics including ability to stand high pressure, high abrasion resistance, and low weight makes thermoplastic a preferred material for manufacturing hydraulic hoses. On the other hand, couplings are used to connect two hoses together at their ends for transmitting the requisite power. Hydraulic thermoplastic hose and couplings find applications in agricultural machinery, construction machinery, industrial and material handling equipment, lubrication lines, and power and telephone mobile equipment among others.
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The global hydraulic thermoplastic hose and couplings market is matured and concentrated. The top four hydraulic thermoplastic hose and couplings manufacturers account for the lions share in the global market. Gates Corporation (the U.S.), Parker Hannifin Corporation (the U.S.), Eaton Corporation (the U.K.), and Transfer Oil S.p.A (Italy) are identified as the leading hydraulic thermoplastic hose and coupling manufacturers. Other manufacturers including and Nitta Corporation (the U.S.), Polyhose India Pvt. Ltd. (India), RYCO Hydraulics Pty Ltd. (Australia), NRP Jones (the U.S.), Dyna Flex, Inc. (the U.S.), Kurt Manufacturing Co., Inc. (the U.S.), MAC Tubi S.p.A (Italy), ZEC S.p.A. (Italy), and Piranha Hose Products, Inc (the U.S.) have been marked as promising and emerging players in the hydraulic thermoplastic hose and couplings market.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Hydraulic Thermoplastic Hose And Couplings buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
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What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Hydraulic Thermoplastic Hose And Couplings contains:
Analysis and forecast of Hydraulic Thermoplastic Hose And Couplings market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Hydraulic Thermoplastic Hose And Couplings market;
Assessment and forecast of Hydraulic Thermoplastic Hose And Couplings market development;
Financial and business profiles of the leading companies in the Hydraulic Thermoplastic Hose And Couplings industry.
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– Up to date working Hydraulic Thermoplastic Hose And Couplings data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Hydraulic Thermoplastic Hose And Couplings for the period 2018 to 2026
– Planned Hydraulic Thermoplastic Hose And Couplings additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Hydraulic Thermoplastic Hose And Couplings projects by region, key countries, and companies
– Details of major planned Hydraulic Thermoplastic Hose And Couplings projects in the world up to 2026
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