HYDRAULIC RUBBER HOSE MARKET ANALYSIS

Market Concentration and Competitive Landscape

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Growing use of mobile hydraulic machinery

In the recent times, there has been a visible shift towards greater mobilization of hydraulic machinery across multiple industries. Mobile cranes, aerial platforms, fork-lifts, truck-mounted concrete pumps and other compact hydraulic machinery have become ubiquitous on project sites as well as industrial facilities. Their maneuverability and flexible deployment have widened their application scope. However, being mobile machinery, they require hydraulic hoses that can withstand vibration, abrasion and withstand repeated flexing without compromising the fluid pressure. Here again, hydraulic rubber hoses have emerged as the material of choice owing to their superior mechanical, physical, and chemical properties. Similarly, sectors like agriculture, mining, material handling, etc. where off-road mobile machinery finds extensive utilization are significant end users. The proliferation of compact but powerful mobile hydraulic machinery is creating sustained demand momentum for hydraulic rubber hoses.