The global industrial hose market was valued at USD 14.01 billion in 2024 and is expected to witness steady growth over the forecast period. Propelled by rising demand across industries such as oil and gas, manufacturing, and construction, the market is...
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The global industrial hose market was valued at USD 14.01 billion in 2024 and is expected to witness steady growth over the forecast period. Propelled by rising demand across industries such as oil and gas, manufacturing, and construction, the market is projected to expand at a CAGR of 3.90% from 2025 to 2034, ultimately reaching a value of USD 20.54 billion by 2034. This growth reflects increasing industrialisation and infrastructure development worldwide.
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