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 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
Annual Growth 10-15
Annual Growth 15-20
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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 Investment Chapter

The Hose and Belt Manufacturing industry has a low level of capital intensity. For every dollar spent on labor, the industry spends $0.10 on capital. Industry manufacturers convert plastic resin and natural rubber into belts and hoses through an extrusion process. To reduce fixed costs per unit of output, manufacturers use a high-volume mechanized production line. Consequently, wage costs as a percent of industry revenue declined from 16.3% in 2010 to 15.5% in 2015.

Depreciation mainly relates to buildings and machinery used in the production process. Because of the specialized nature of the hose and belt products manufactured by this industry, most facilities have a number of short production lines that must be periodically retooled to manufacture different products... 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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