What is Mining Hoses?
A hose is a hollow, flexible tube used to transport liquids from one area to another. A hose is usually cylindrical in shape. Hoses are designed using a combination of application and performance criteria. Size, pressure rating, weight, length, straight hose or coilhose, and chemical compatibility are all important considerations. Mining hose is required to carry minerals, slurry, bulk powder, industrial alki among other industrial minerals. Primarily the mining hose market can be segmented into natural rubber material and synthetic rubber material, with synthetic material mostly preferred by the industries around the world. Rapid urbanisation and industrialisation has resulted into increasing demand for industrial minerals and thus led to growth of the mining hose market. Asia Pacific accounts for largest market share.
The market study is broken down by Type (Natural Rubber and Synthetic Rubber), by Application (Slurry, Bulk Powder, Industrial Alkali and Others) and major geographies with country level break-up.
Growing investments in the mining and construction sector has led to the growth of the mining hose market. As certain countries have experienced rapid urbanisation and industrialisation, the demand for natural materials and minerals has risen. Which has had significantly positive impact on the growth of the mining hose market. Currently, North America is the largest market of the mining hose. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Metso Oyj (Finland), Trelleborg AB (Sweden), Weir Group plc (United Kingdom), Hose Solutions Inc. (United States), Eaton Corporation Plc (Ireland), ALFAGOMMA Spa (Italy), ContiTech AG (Germany), Novaflex Inc. (United States) and TESS (Denmark) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Gates India Private Limited (India), Patel Hydraulics (India) and Hengshui Baili Hose Co., Ltd. (China).
AdvanceMarketAnalytics has segmented the market of Global Mining Hoses market by Type, Application and Region.
On the basis of geography, the market of Mining Hoses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Direct will boost the Mining Hoses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In 2019, Continental AG, a Germany based manufacturer of tires, automotive parts and industrial products has announced acquisition of Merlett, which is a Italy based leading manufacturer of flexible hose made of PVC, thermoplastic elastomers (TPEs) or polyurethane. The acquisition will help Continental expand its expertise in high-performance thermoplastics solutions along with its geographical presence.
- Synthetic Rubber Accounts for Larger Market Share
- Increasing Investments in the Mining Sector
- Growth in the Construction Industry due to Rapid Urbanisation and Industrialisation has led to Rising Demand for Natural Minerals
- Asia Pacific and Africa Region is Expected to Grow and Offer Huge Potential over the Coming Decade
- Increasing Competition in Market from Local Players
- Disruptions in Supply of Raw Materials during Recent Pandemic was a Major Hurdle for Manufacturers of Mining Hoses
Key Target AudienceMining Hoses Manufacturers, Suppliers and Distributors, Raw Material Suppliers, New Entrants/Investors, Venture Capitalists and Private Equity Firms and End-Use Industries
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Metso Oyj (Finland), Trelleborg AB (Sweden), Weir Group plc (United Kingdom), Hose Solutions Inc. (United States), Eaton Corporation Plc (Ireland), ALFAGOMMA Spa (Italy), ContiTech AG (Germany), Novaflex Inc. (United States) and TESS (Denmark) etc.
2. Can we have customized study for Mining Hoses Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Mining Hoses Market by 2026?
Analysts at AMA estimates Mining Hoses Market to reach USD Million by 2026.