SEARCH   
MEMBER LOGIN    

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 | Aug 2014

Belting out: Rising motor vehicle production will boost demand for relevant parts

IBISWorld’s Hose & Belt Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
7.6%
Annual Growth 14-19
Add to Cart
Profit
Add to Cart
Employment
16,061
Businesses
203
Industry Analysis & Industry Trends

In the five years to 2014, a revival in US industrial output and strong demand from downstream customers has helped increase the Hose and Belt Manufacturing industry's revenue. Much of this growth, however, is the result of the industry rebounding from sharp recessionary lows, as high unemployment and falling consumer spending led to fewer factory orders and a striking slowdown in the automobile industry. In the five years to 2019, continued improvement in downstream markets, especially US oil and gas E&P, will lead to higher demand for industry products. Additionally, increased automotive demand from emerging economies will help industry exports. However, anticipated slight price pressures from inputs such as plastic and rubber may temper industry growth... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Hose and Belt Manufacturing industry is in the mature stage of its life cycle. Over the 10 years to 2019, industry value added (IVA), or the industry's contribution to the overall economy, is forecast to increase by 3.2% annually. In contrast, GDP is expected to grow at 2.5% per year in the same period. Normally, greater IVA growth compared to the overall economy is an indicator of an expanding industry. However, other factors indicate this industry's maturity.

The industry has stable and clearly segmented product groups and buyers of this industry's products predominantly come from defined markets, which includes the automotive market and other downstream manufacturers... 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 manufacturing of plastic tubing, rubber tubing and fluid power hose assemblies.

Industry Products
Flat rubber and plastic beltsHoses for on-and-off highway vehiclesIndustrial rubber and plastic hoses (without fittings)Motor vehicle rubber and plastics transmission beltsPneumatic and hydraulic inner tube hoses (without fittings)Rubber and plastic garden hoses (with or without fittings)Rubber and plastic water hoses and belts
 
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


View Sample
Quote
Select Clients