Hydraulic Thermoplastic Hose and Couplings industry report - Market Size, Share, Growth, Competitive Analysis and Forecast To 2022 – by Credence Research
According to a new market report published by Credence
Research “Hydraulic
Thermoplastic Hose and Couplings Market (Construction Equipment,
Agricultural Equipment, Industrial and Material Handling, Lubrication Lines,
Power and Telephone Mobile Equipment, and Other End-use Applications) Market -
Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”,
the 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.
Browse the full Hydraulic
Thermoplastic Hose and Couplings (Construction Equipment, Agricultural
Equipment, Industrial and Material Handling, Lubrication Lines, Power and
Telephone Mobile Equipment, and Other End-use Applications) Market - Growth, Share,
Opportunities, Competitive Analysis, and Forecast 2015 - 2022 report at http://www.credenceresearch.com/report/hydraulic-thermoplastic-hose-and-couplings-market
Product and Market Insights
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.
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.
Competitive Insights
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. The hydraulic thermoplastic hose and couplings market has been plagued by lack of product differentiation. This has resulted in price wars, and is consequently leading to profit crunching. As such, application specific product diversification, and focus on product improvement are some of the key strategies to be adopted by manufacturers across the globe.
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. The hydraulic thermoplastic hose and couplings market has been plagued by lack of product differentiation. This has resulted in price wars, and is consequently leading to profit crunching. As such, application specific product diversification, and focus on product improvement are some of the key strategies to be adopted by manufacturers across the globe.
Key Trends
·
Construction Industry Regaining its
Original Growth Levels Post Economic Recession
·
Preference for Thermoplastic Hoses
over Rubber Hoses in Hydraulic Applications
·
Introduction of Advanced
Thermoplastic Fluoropolymer Hoses
·
Increased Industrial Production and
Agricultural Mechanization
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Hydraulic Thermoplastic Hose and Couplings industry report - Market Size, Share, Growth, Competitive Analysis and Forecast To 2022 – by Credence Research
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