Global Hydraulic Thermoplastic Hose and Couplings Market to 2022 Growth Trends and Forecast,by Credence Research

Hydraulic Thermoplastic Hose and Couplings Market To Reach US$ 814.0 Mn by 2022
According to a new market report published by Credence Research “Hydraulic Thermoplastic
Hose and Couplings (Construction Equipment, Agricultural Equipment, Industrial and Material
Handling, Lubrication Lines, Power and Telephone Mobile Equipment, and Other End-use
Applications) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 2022”, the hydraulic thermoplastic hose and couplings market is expected to expand at a CAGR
of 4.7% from 2015 to 2022, reaching US$ 814.0 Mn by 2022.
Browse the full Hydraulic Thermoplastic Hose and Couplings (Construction Equipment,
Agricultural Equipment, Industrial and Material Handling, Lubrication Lines, Power and
Telephone Mobile Equipment, and Other End-use Applications) Market - Growth, Share,
Opportunities, Competitive Analysis, and Forecast 2015 - 2022 report at
http://www.credenceresearch.com/report/hydraulic-thermoplastic-hose-and-couplingsmarket
Product and Market Insights
A hydraulic thermoplastic hose is a thermoplastic pipe designed to carry fluids necessary for
transferring force inside hydraulic machinery. In view of high temperatures and pressures
involved in hydraulic applications, choosing right raw material for manufacturing hoses is
extremely crucial. Superior characteristics including ability to stand high pressure, high abrasion
resistance, and low weight makes thermoplastic a preferred material for manufacturing
hydraulic hoses. On the other hand, couplings are used to connect two hoses together at their
ends for transmitting the requisite power. Hydraulic thermoplastic hose and couplings find
applications in agricultural machinery, construction machinery, industrial and material handling
equipment, lubrication lines, and power and telephone mobile equipment among others.
Competitive Insights
The global hydraulic thermoplastic hose and couplings market is matured and concentrated.
The top four hydraulic thermoplastic hose and couplings manufacturers account for the lions
share in the global market. Gates Corporation (the U.S.), Parker Hannifin Corporation (the U.S.),
Eaton Corporation (the U.K.), and Transfer Oil S.p.A (Italy) are identified as the leading hydraulic
thermoplastic hose and coupling manufacturers. Other manufacturers including and Nitta
Corporation (the U.S.), Polyhose India Pvt. Ltd. (India), RYCO Hydraulics Pty Ltd. (Australia), NRP
Jones (the U.S.), Dyna Flex, Inc. (the U.S.), Kurt Manufacturing Co., Inc. (the U.S.), MAC Tubi
S.p.A (Italy), ZEC S.p.A. (Italy), and Piranha Hose Products, Inc (the U.S.) have been marked as
promising and emerging players in the hydraulic thermoplastic hose and couplings market.
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The hydraulic thermoplastic hose and couplings market has been plagued by lack of product
differentiation. This has resulted in price wars, and is consequently leading to profit crunching.
As such, application specific product diversification, and focus on product improvement are
some of the key strategies to be adopted by manufacturers across the globe.
Key Trends
Construction Industry Regaining its Original Growth Levels Post Economic Recession
Preference for Thermoplastic Hoses over Rubber Hoses in Hydraulic Applications
Introduction of Advanced Thermoplastic Fluoropolymer Hoses
Increased Industrial Production and Agricultural Mechanization
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According to a new market report published by Credence Research “Hydraulic Thermoplastic Hose and Couplings (Construction Equipment, Agricultural Equipment, Industrial and Material Handling, Lubrication Lines, Power and Telephone Mobile Equipment, and Other End-use Applications) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022”, the hydraulic thermoplastic hose and couplings market is expected to expand at a CAGR of 4.7% from 2015 to 2022, reaching US$ 814.0 Mn by 2022.