Industrial Hose Market Witnessing Strong Growth Amid Rising Demand...

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2026-05-26 16:33:18

Industrial Hose Market Witnessing Strong Growth Amid Rising Demand for Fluid Transfer Solutions

The global industrial hose market was valued at US$ 15.3 billion in 2022 and is projected to reach US$ 22.8 billion by the end of 2031, expanding at a CAGR of 4.8% from 2023 to 2031. Market growth is driven by increasing demand across industries such as oil & gas, construction, chemicals, and manufacturing, along with rising infrastructure development and the need for durable fluid transfer...

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