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Hose & Belt Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hose & Belt Manufacturing Market Research Report | NAICS 32622 | Jun 2015

Belting out: Continued improvement in downstream markets will lead to higher demand

IBISWorld’s Hose & Belt Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 10-15
3.3%
Annual Growth 15-20
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Profit
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Employment
17,920
Businesses
191
Industry Analysis & Industry Trends

The Hose and Belt Manufacturing industry sells belts for conveyers and fluid transfer hoses used by heavy-industry operators, such as miners and manufacturers, as parts for equipment. From 2010 onward, a revival in US manufacturing and strong revenue growth from key customers, including auto manufacturers and oil and natural gas exploration and production (E&P) companies, aided industry revenue growth. In the coming years. continued improvement in downstream markets, especially the on-and-off highway vehicle manufacturing and replacement markets, will lead to higher demand for industry products... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Hose and Belt Manufacturing industry displays medium concentration, with the top three players accounting for more than 40.0% of industry revenue in 2015. In the five years to 2015, the number of hose and belt manufacturers declined marginally at an average annual rate of 0.5%. The decline in industry operators is partly due to increased mergers and acquisitions during this period. Moreover, a breakdown of industry companies by employment size indicates that 23.5% of industry establishments employ 100 or more workers.

Larger companies have been better situated during the past five years... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hose & Belt Manufacturing Industry?

Companies in this industry manufacture a range of plastic and rubber hoses and belts, including garden hoses. These products are then sold to manufacturers; coal, oil and gas industries; and the automotive market. The industry includes the manufacturing of plastic tubing, rubber tubing and fluid power hose assemblies.

Industry Products
Flat rubber and plastic beltsHoses and transmission belts for on-and-off highway vehiclesIndustrial rubber and plastic hoses (without fittings)Other, including pneumatic and hydraulic hoses and inner tubesRubber and plastic garden, fire, irrigation and water hoses
 
Industry Activities
Rubber or plastic garden hoseRubber or plastic hydraulic hose (without fittings)Rubber or plastic motor vehicle beltRubber or plastic motor vehicle hoseRubber or plastic pneumatic hose (without fittings)Rubber or plastic radiator and heater hoseRubber or plastic transmission, fan and timing beltRubber or plastic vacuum cleaner beltRubber or plastic V-belt


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