Vehicle Exhaust Hose Market By Type (Single layer, Double Layer, Three Layer), By End-Use (Passenger Cars, Commercial Cars): Global Opportunity Analysis and Industry Forecast, 2021-2030
The global vehicle exhaust hose market is envisioned to garner $760.6 million by 2030, growing from $525.4 million in 2021, at a CAGR of 4.0% from 2021 to 2030.
Vehicle exhaust hose is used to remove exhaust fumes from vehicle engine to the outer environment. Exposure to carcinogenic and toxic exhaust gases can cause health problems to the workers working in automobile workshops. As a result, whenever combustion engine vehicles are used indoors, such as at a workshop, efficient exhaust extraction is required to look after the safety of people and provide safe and healthy working condition.
When a diesel engine burns fuel, diesel exhaust is created, which may be found in any automobile servicing station. Repeated exposure to this diesel exhaust is dangerous for human health. Employees will be safer, facility maintenance will be minimized, and there will be less risk of harm to sensitive electronic equipment if exhaust fumes are removed properly from auto workshop.
The major players in vehicle exhaust hose market are now focusing on development of new innovative products according to government norms and regulations. For instance, the Masterflex group, specialist in development and production of exhaust hose, launched first complete hose operator system which consists of sensors technology to track life cycle of hose under name AMPIUS.
The COVID-19 pandemic created a number of uncertainties, resulting in significant economic losses as diverse enterprises around the world came to a halt. There were import-export restrictions laid down on major vehicle exhaust hose producing countries such as the U.S. and Europe, which imposed significant challenges on the market.
The key players included in this report are Masterflex Group., Air Cleaning Specialists, Inc., Nederman Holding AB, Novaflex Group, Eurovac, Flexaust Inc., Precision Hose & Expansion Joints, BISCO Enterprise, Inc., Dayco Products, LLC, and KEMPER GmbH.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vehicle exhaust hose market analysis from 2021 to 2030 to identify the prevailing vehicle exhaust hose market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the vehicle exhaust hose market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global vehicle exhaust hose market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Single layer
Double Layer
Three Layer
By End-Use
Passenger Cars
Commercial Cars
By Region
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
UAE
South Africa
Rest of LAMEA
Key Market Players
Masterflex Group
Air Cleaning Specialists, Inc.
Nederman Holding AB
Novaflex Group
eurovac inc
Flexaust Inc.
Precision Hose & Expansion Joints
BISCO Enterprise, Inc.
Dayco Products, LLC
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