The Marine Hoses Market size is projected to reach a CAGR of 3.6% from 2022 to 2028.
Marine hoses refer to hydraulic conveyance devices which are used for the transport and handling liquids and gases in marine transport. The term ‘hose’ is used because these were originally made from flexible tubes or hoses hence the name but they now often contain reinforcing layers within them so rubber-like materials can be used.
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Recent Developments
- In July 2016, Yokohama completed the acquisition of Alliance tire group.
Prominent Players
· Yokohama
· ContiTech
· West Marine
· Trelleborg AB
· Gates Corporation
· I.R.P. Industrial Rubber Ltd
· Novaflex Group
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Europe to Dominate the Market
Raised demand from the end user industry are some of the factors that have supported long-term expansion for Marine Hoses Measurement Systems Market.
Europe is the most rapidly growing market and offers a huge opportunity for the industry, whose growth is driven by the adoption of latest technology presence of key players in the region.
Marine Hoses Measurement Systems Market Segmentation:
On the basis of Type
· Expandable hoses
· Porous or perforated hoses
On the basis of Application
· Gas
· Oil
· Water
· Other
Based on region:
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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