Global Automotive Rubber Hoses Industry

Global Automotive Rubber Hoses Industry

  • April 2021 •
  • 184 pages •
  • Report ID: 5956018 •
  • Format: PDF
Abstract:
- Global Automotive Rubber Hoses Market to Reach $13.7 Billion by 2027
- Amid the COVID-19 crisis, the global market for Automotive Rubber Hoses estimated at US$10.4 Billion in the year 2020, is projected to reach a revised size of US$13.7 Billion by 2027, growing at aCAGR of 4% over the period 2020-2027. Passenger Cars, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$9.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Commercial Vehicles segment is readjusted to a revised 4.3% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $3 Billion, While China is Forecast to Grow at 6.7% CAGR
- The Automotive Rubber Hoses market in the U.S. is estimated at US$3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2027 trailing a CAGR of 6.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.

- Select Competitors (Total 46 Featured) -
  • Belmont Rubber Pvt., Ltd.
  • Codan Rubber A/S
  • Continental AG
  • DowDuPont, Inc.
  • Eaton Corporation PLC
  • Hutchinson SA
  • Kraussmaffei Berstorff GmbH
  • M/S. Vaid Elastomer Processors Pvt. Ltd.
  • Nichirin Co., Ltd.
  • Ningbo Fengmao Far-East Rubber Co., Ltd.
  • Shore Auto Rubber Exports Pvt. Ltd.
  • Sumitomo Riko Co., Ltd.
  • Toyoda Gosei Co., Ltd.