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Hose & Belt Manufacturing in the US Industry Data and Analysis
Hose and belt manufacturing has maintained steady, moderate growth despite volatile input costs and global supply chain disruptions. Transportation, automotive and general industrial manufacturers, alongside oil, gas and food service industries, are extremely common buyers of hoses and belts. Rebounding industrial production, robust vehicle sales and recovering consumer markets have offset uncertainty and elevated interest rates, leading to steady moderate growth. Yet, input cost volatility and supply chain disruptions still pose significant threats to revenue growth. Overall, revenue has expanded at an expected CAGR of 3.2% to $7.2 billion through the current period, including an expected 0.3% increase in 2025, where profit is expected to reach 8.3% annual growth in 2025.
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What's included in this industry analysis
IBISWorld's research coverage on the Hose & Belt Manufacturing industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released September 2025.
About this industry
What's this industry report about?
The Hose & Belt Manufacturing industry in the United States operates under the NAICS industry code 32622. 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 manufacturing market. The industry includes the manufacturing of plastic tubing, rubber tubing and fluid power hose assemblies. Related terms covered in the Hose & Belt Manufacturing industry in the United States include economies of scale, original equipment manufacturers (oems) and aftermarket.
What's included in this industry?
Products and services covered in Hose & Belt Manufacturing industry in the United States include Flat rubber and plastics belts and belting, Hoses and transmition belts for on-and-off highway vehicles and Industrial rubber and plastic hoses without fittings.
What companies are included in this industry?
Companies covered in the Hose & Belt Manufacturing industry in the United States include Continental Ag, Gates Industrial Corporation Plc and Eaton Corporation Plc.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Hose & Belt Manufacturing industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Hose & Belt Manufacturing industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Hose & Belt Manufacturing industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Hose & Belt Manufacturing industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Hose & Belt Manufacturing industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Hose & Belt Manufacturing industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Hose & Belt Manufacturing industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Hose & Belt Manufacturing industry in the United States.
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Frequently Asked Questions
What is the market size of the Hose & Belt Manufacturing industry in the United States in 2026?
The market size of the Hose & Belt Manufacturing industry in the United States is $7.3bn in 2026.
How many businesses are there in the Hose & Belt Manufacturing industry in the United States in 2025?
There are 199 businesses in the Hose & Belt Manufacturing industry in the United States, which has grown at a CAGR of 0.3 % between 2020 and 2025.
How may import tariffs affect the Hose & Belt Manufacturing industry in the United States?
The Hose & Belt Manufacturing industry in the United States is likely to be significantly impacted by import tariffs with imports accounting for a high share of industry revenue.
How may export tariffs affect the Hose & Belt Manufacturing industry in the United States?
The Hose & Belt Manufacturing industry in the United States is likely to be significantly impacted by export tariffs with exports accounting for a high share of industry revenue.
Has the Hose & Belt Manufacturing industry in the United States grown or declined over the past 5 years?
The market size of the Hose & Belt Manufacturing industry in the United States has been growing at a CAGR of 3.2 % between 2020 and 2025.
What is the forecast growth of the Hose & Belt Manufacturing industry in the United States over the next 5 years?
Over the next five years, the Hose & Belt Manufacturing industry in the United States is expected to grow.
What are the biggest companies in the Hose & Belt Manufacturing industry in the United States?
The biggest companies operating in the Hose & Belt Manufacturing industry in the United States are Continental Ag, Gates Industrial Corporation Plc and Eaton Corporation Plc
What does the Hose & Belt Manufacturing industry in the United States include?
Rubber or plastic garden hose manufacturing and Rubber or plastic hydraulic hose (without fittings) manufacturing are part of the Hose & Belt Manufacturing industry in the United States.
Which companies have the highest market share in the Hose & Belt Manufacturing industry in the United States?
The company holding the most market share in the Hose & Belt Manufacturing industry in the United States is Continental Ag.
How competitive is the Hose & Belt Manufacturing industry in the United States?
The level of competition is moderate and steady in the Hose & Belt Manufacturing industry in the United States.
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