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 Products Chapter
The Hose and Belt Manufacturing industry supplies products and parts to Original Equipment Manufacturers (OEMs) and aftermarket wholesalers (companies that sell belts and hoses directly to consumers looking to repair already purchased goods).
Vehicle hoses and belts
Combined hoses and transmission belts for on-and-off highway vehicles comprise this industry's largest product segment, accounting for an estimated 39.3% of revenue. On-and-off highway rubber and plastic hoses represent an estimated 22.7% of industry revenue. High-pressure rubber and plastic hoses that can handle working pressure greater than 300 pounds per square inch (psi) account for slightly more than one-third of hoses used in on-and-off road highway vehicles... purchase to read more