Global Ceramic Hose Market Overview:
Ceramic hose, an ultra-wear resistant hose in which inner rubber is compiled by a composite of ceramic balls that are cured together with special rubber materials to provide strong adhesion in the hose. In most of the ceramic hoses, ceramic tiles are being used to eliminate disadvantages of conventional ceramic hoses. It has higher abrasion resistance while maintaining flexibility. The excellent performance of ceramic hose will make it widely used in numerous applications such as steel industry, mining and mineral industry, cement industry, dredging industry among others. This growing demand for the ceramic hose is expected to boost market growth in upcoming years. According to AMA, the Global Ceramic Hose market is expected to see growth rate of 7.94% and may see market size of USD5.77 Billion by 2025.
- Increasing Construction Activities across the World
- Investment in Mining and Mineral Industry by Several Countries Government
- Rising Demand for Ceramic Fiber
- Trend for Customized Ceramic Hose
- High Cost of Ceramic Hose
- Increasing Use of Ceramic Balls in the Automotive Industry
- Increasing Use of Ceramic Coating Technology
- Superior Properties Offered By Ceramic Balls
- Availability of Substitutes
The market is fragmented by numerous key players who have the bargaining power high in ceramic hose market as the market is dominated by few leading global players. Major companies in this market are constantly working towards updating their products and lowering production costs in order to enhance profitability.
Some of the key players profiled in the report are Cera System (Germany), Ceresist, Inc. (United States), Trelleborg Group (Sweden), Ohji Rubber & Chemicals Co., Ltd. (Japan), Togawa Rubber Co.,Ltd.(Japan), Parker Hannifin Corp (United States), Metso Corporation (Finland), Nitta Chemical Industrial Products Co., Ltd. (Japan), Carborundum Universal Limited (India), Worldtmp (Japan), Teknikum Oy (Finland), Hitachi Metals, Ltd.(Japan), Premier Industrial Hose Manufacturing ltd (Canada), Shandong Xinghe Special Material Co. Ltd (China), Taihua Co., Ltd (Japan) and Seishin Enterprise Co., Ltd (Japan). The Manufacturers having a strong hold in the market are Parker Hannifin, Carborundum Universal, Trelleborg, Metso, Togawa Rubber. Analyst at AdvanceMarketAnalytics see Asian Countries Manufacturers to retain maximum share of Global Ceramic Hose market by 2025. Considering Market by Inner Diameter, the sub-segment i.e. Upto 100mm will boost the Ceramic Hose market. Considering Market by End Shapes, the sub-segment i.e. Cuffed Type will boost the Ceramic Hose market.
In November 2017, The Metso Company acquired Wearx, a privately owned wear solutions provider based in Australia. This acquisition complements the Metsos offering by combining the Wearxs innovative solutions in its product portfolio.
In February 2020, Weir Minerals has launched ceramic hose for the slurry transportation industry. This product combines the companys Linacure rubber with high-quality 92% alumina ceramic tiles and is suitable for sites handling hard ores such as gold, coal, copper, lithium or iron ore. and In November 2017, Trelleborg launched performer ceramic hose products, which is ten times longer than a rubber hose in highly abrasive industrial applications. This product enabled the company to strengthen its ceramic hose portfolio.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Ceramic Hose market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Ceramic Hose market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Ceramic Hose Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.