Global Composite LNG Hose Market Growth 2024-2030
LNG Composite Hoses are made from multiple layers of spirally wrapped thermoplastic fabrics and films held together by a metal inner and outer wire helix. Product hoses form an integral part of transfer operations. The choice and use must be based on assessments that cover appropriate use, safety and operational efficiency.
The global Composite LNG Hose market size is projected to grow from US$ 42.9 million in 2024 to US$ 65 million in 2030; it is expected to grow at a CAGR of 7.2% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Composite LNG Hose Industry Forecast” looks at past sales and reviews total world Composite LNG Hose sales in 2023, providing a comprehensive analysis by region and market sector of projected Composite LNG Hose sales for 2024 through 2030. With Composite LNG Hose sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Composite LNG Hose industry.
This Insight Report provides a comprehensive analysis of the global Composite LNG Hose landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Composite LNG Hose portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Composite LNG Hose market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Composite LNG Hose and breaks down the forecast by Working Pressure, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Composite LNG Hose.
The core global Composite LNG Hose manufacturers include Trelleborg, MIB Italiana, Elaflex Hiby, Meiji Rubber & Chemical and Gasso Equipment. The top three manufacturers account for approximately 50% of the global share. The Asia-Pacific region is the world's largest market, accounting for nearly 63% of the market share.
In terms of product type, below 20 bar occupies a dominant position, accounting for 66% of the share. At the same time, in terms of application, land transfer is the largest application field, accounting for 75%.
This report presents a comprehensive overview, market shares, and growth opportunities of Composite LNG Hose market by product type, application, key manufacturers and key regions and countries.
Segmentation by Working Pressure:
Below 20 Bar
Above 20 Bar
Segmentation by Application:
Land Transfer
Marine Transfer
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Trelleborg
MIB Italiana
Elaflex Hiby
Meiji Rubber & Chemical
Gasso Equipment
Key Questions Addressed in this Report
What is the 10-year outlook for the global Composite LNG Hose market?
What factors are driving Composite LNG Hose market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Composite LNG Hose market opportunities vary by end market size?
How does Composite LNG Hose break out by Working Pressure, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.