Hose & Belt Manufacturing in the US
The Hose and Belt Manufacturing industry produces a range of products, such as automotive v-belts, hydraulic hoses and belts for conveyers. Given the standardization of industry's products, in response to declines in the prices of rubber and plastic resin, the industry's primary inputs, operators passed along these price declines to consumers in the form of lower selling prices. Despite decreasing input costs, industry revenue is anticipated to rise over the five years to 2019 due to rising demand for industry products. Over the five years to 2024, steady US industrial production growth and moderately higher demand from automakers are expected to drive up industry revenue.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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