Vehicle exhaust hose is used to remove exhaust fumes from vehicle engine to the outer environment. Exposure to carcinogenic and toxic exhaust gases can cause health problems to the workers working in automobile workshops. As a result, whenever combustion engine vehicles are used indoors, such as at a workshop, efficient exhaust extraction is required to look after the safety of people and provide safe and healthy working condition.
When a diesel engine burns fuel, diesel exhaust is created, which may be found in any automobile servicing station. Repeated exposure to this diesel exhaust is dangerous for human health. Employees will be safer, facility maintenance will be minimized, and there will be less risk of harm to sensitive electronic equipment if exhaust fumes are removed properly from auto workshop.
The major players in vehicle exhaust hose market are now focusing on development of new innovative products according to government norms and regulations. For instance, the Masterflex group, specialist in development and production of exhaust hose, launched first complete hose operator system which consists of sensors technology to track life cycle of hose under name AMPIUS.
The COVID-19 pandemic created a number of uncertainties, resulting in significant economic losses as diverse enterprises around the world came to a halt. There were import-export restrictions laid down on major vehicle exhaust hose producing countries such as the U.S. and Europe, which imposed significant challenges on the market.
The key players included in this report are Masterflex Group., Air Cleaning Specialists, Inc., Nederman Holding AB, Novaflex Group, Eurovac, Flexaust Inc., Precision Hose & Expansion Joints, BISCO Enterprise, Inc., Dayco Products, LLC, and KEMPER GmbH.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vehicle exhaust hose market analysis from 2021 to 2030 to identify the prevailing vehicle exhaust hose market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the vehicle exhaust hose market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global vehicle exhaust hose market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
- Single layer
- Double Layer
- Three Layer
By End-Use
- Passenger Cars
- Commercial Cars
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- South Africa
- Rest of LAMEA
Key Market Players
- Masterflex Group
- Air Cleaning Specialists, Inc.
- Nederman Holding AB
- Novaflex Group
- eurovac inc
- Flexaust Inc.
- Precision Hose & Expansion Joints
- BISCO Enterprise, Inc.
- Dayco Products, LLC
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Table of Contents
Executive Summary
According to the report, titled, “Vehicle Exhaust Hose Market," the vehicle exhaust hose market was valued at $525.40 million in 2021, and is estimated to reach $760.60 million by 2030, growing at a CAGR of 4% from 2022 to 2030.Vehicle exhaust hose is a pipe that is used to remove harmful pollutants and fumes from the engine of a vehicle. Car exhaust pipe is a flexible line used to evacuate vehicle fumes from an indoor auto repair shop. It is essential to release automobile exhaust as it includes highly toxic carbon monoxide, which is hazardous to human health. Gasoline engine exhaust emissions are the most common source of carbon monoxide, which is a colorless & odorless gas. Carbon monoxide poisoning can occur in minutes, causing a person to lose consciousness and suffocate. The main purpose of vehicle exhaust hose is to remove harmful vehicle fumes from a vehicle. There are different types of vehicle exhaust hose such as manual hose, motorized hose, hose drop, and exhaust extraction.
However, pollution is becoming a major issue due to emission of harmful gases from vehicles such as sulfur during fuel combustion and sulfur trioxide. Governments of various countries across the world are now concerned regarding the environment, and as a result, we now have emission criteria for automotive industry to be followed during design process of vehicle exhaust, in order to emit less gases into the environment. To control emission and environment, governments are focusing and promoting electric vehicles (EVs). Since EVs run on electric powered motor, they do not emit any harmful gases, this factor is going to hamper vehicle exhaust hose market revenue growth. Moreover, rising prices of petrol and diesel are expected to have a detrimental influence on the vehicle industry. For example, India promised at 21st Conference of the Parties to reduce its carbon footprint by 33-35% by 2030, compared to 2005 levels. Furthermore, India has set a national target of 30% EV market penetration by 2030.
The use of exhaust hose as a fume extraction system is anticipated to gain traction. This is because vehicle exhaust hose is a cost-effective exhaust system as well as it can meet stringent emission regulations of the industry to avoid environmental hazards such as air pollution. It is used in automobile repair centers to lower the emissions of hazardous vehicles engine fumes and other harmful particulate matter. Moreover, vehicle exhaust hose system helps to maintain healthy working condition inside automobile garages. Rising application of vehicle exhaust hose in automobile repair centers and garages encourages major players in the market to invest more in new innovation and new product development. These factors are anticipated to boost the market revenue growth in the upcoming years.
The global vehicle exhaust hose market is segmented based on type, end-use, and region. By type, it is classified into single layer, double layer, and three layer. By end-use, it is classified into passenger cars and commercial cars. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players included in the vehicle exhaust hose market report are Masterflex Group., Air Cleaning Specialists, Inc., Nederman Holding AB, Novaflex Group, Eurovac, Flexaust Inc., Precision Hose & Expansion Joints, BISCO Enterprise, Inc., Dayco Products, LLC, and KEMPER GmbH.
The report offers a comprehensive analysis of the global vehicle exhaust hose market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards revenue growth of the market. The report also sheds light on the present scenario and upcoming trends & developments that are contributing to revenue growth of the market. Moreover, restraints and challenges that hold power to obstruct the market revenue growth are also profiled in the report along with the Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.
Impact of COVID-19 on the Global Vehicle Exhaust Hose Industry
- Sales of vehicle exhaust hose is directly proportional to demand from automobile garages and others. However, automotive was negatively impacted by the COVID-19 pandemic, which has affected the production and demand for vehicle exhaust hose due to disrupted supply chain.
- COVID-19 impacted almost all industries across the globe. Vehicle exhaust hose producing companies ceased their operations owing to import-export restrictions, lockdown imposed across several countries, shortage of labor; and fear of contracting the novel coronavirus, which led to sluggish demand in the market.
- Social distancing norms, closed borders, and production constraints, due to the pandemic, across various countries such as China, India, and the U.S. affected the global market
Key Findings of the Study
- Based on type, the single layer sub-segment emerged as the global leader in 2021
- Based on end-use, the commercial cars sub-segment emerged as the global leader in 2021
- Based on region, the North America market registered the highest market share in 2021, and is projected to maintain its position during the forecast period
Companies Mentioned
- Masterflex Group
- Air Cleaning Specialists, Inc.
- Nederman Holding Ab
- Novaflex Group
- Eurovac Inc
- Flexaust Inc.
- Precision Hose & Expansion Joints
- Bisco Enterprise, Inc.
- Dayco Products, LLC
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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