Hose & Belt Manufacturing in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

Pipe Dream: Rebounding Industrial and Automotive Sectors Will Help Revive Industry Demand

The hose and belt manufacturing industry produces various products, including automotive v-belts, hydraulic hoses and belts for conveyors. These products are used by transportation, automotive, general industrial manufacturers and oil, gas and food service industries. A key market for this industry is the automotive sector, which purchases vehicle hoses and transmission belts for automobile manufacturing and repair. Manufacturers depend on other original equipment manufacturers, including agricultural, construction, mining and other machinery and equipment manufacturers. Also, this industry relies on the oil and natural gas exploration and production (E&P) market, which purchases belts and fluid-transfer hoses.

Companies in this industry manufacture a range of plastic and rubber hoses and belts, including garden hoses. These products are then sold to manufacturers; coal, oil and gas industries; and the automotive manufacturing market. The industry includes the manufacturing of plastic tubing, rubber tubing and fluid power hose assemblies.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.