Global PTFE Hoses Маrkеt by Product Type (Conductive, Non-Conductive), by Media Type (Liquid Media, Solid Media, Gaseous Media), by Application (Oil & Gas, Pharmaceutical & Chemical, Transportation, Industrial Manufacturing), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

The increasing number of infrastructure-related projects is encouraging Private Participation in Infrastructure (PPI) to invest more, thereby creating a greater demand for these hoses.

Market.US announces the publication of its most recently generated research report titled, “Global PTFE Hoses Маrkеt by Product Type (Conductive, Non-Conductive), by Media Type (Liquid Media, Solid Media, and Gaseous Media), by Application (Oil & Gas, Pharmaceutical & Chemical, Transportation, Industrial Manufacturing, Other Applications), which offers a holistic view of the Global PTFE Hoses Маrkеt through systematic segmentation that covers every aspect of the target market.

Global PTFE Hoses Маrkеt is projected to be US$ 938.7 Mn in 2021 to reach US$ 1,501.3 Mn by 2031 at a CAGR of 4.9%.

Polytetrafluoroethylene (PTFE) is a fluoropolymer, and a hose refers to a flexible hollow tube that is designed to carry fluids or gases from one location to another. PTFE’s excellent resistance to chemicals is one of its primary properties, and non-reactivity, hydrophobicity, that has a low-coefficient of friction, as well as optimal insulating properties, are just a few of its favorable properties that make it suitable for most industries.

A PTFE hose has a broad temperature range, from -54°C to 260°C, beneficial for use with racing oils, brake fluids, and other coolant applications. When exposed to extreme burst pressures, its durability makes it applicable for dry sump oiling systems in severe pressure applications.

Global PTFE Hoses Маrkеt Revenue (US$ Mn), 2021–2031

The increasing number of infrastructure-related projects is encouraging Private Participation in Infrastructure (PPI) to invest more, thereby creating a greater demand for these hoses. Moreover, according to data from the United Nations in 2019, the global population in 2018 was around 7.6 billion (4.2 billion in urban areas and 3.4 billion in rural areas). By 2050, the global population is projected to reach around 9.8 billion, that is, more than twice as many individuals in the world are expected to be living in urban (6.7 billion) areas than in rural settings (3.1 billion).

Moreover, in 2016, 512 cities had more than 1 million residents; however, by 2030, 662 cities are expected to have a population of more than 1 million occupants. This is expected to result in booming infrastructural developments, thereby generating an exponential demand for these types of hoses.

Global PTFE Hoses Маrkеt Attractiveness Analysis by Product Type, 2015–2031

Segmentation of the global PTFE hoses market is achieved under the following – product type, media type, application, & region. On the basis of product type, this market is further categorized into conductive & non-conductive. The conductive sub-segment is expected to account for the majority revenue share. In terms of media, this market is sub-segmented into liquid media, solid media, and gaseous media. The liquid media sub-segment is anticipated to account for the majority revenue share, followed by gaseous media.

Based on application, the market is further divided into oil & gas, pharmaceutical & chemical, transportation, industrial manufacturing, and other applications. The pharmaceutical & chemical sub-segment is expected to account for the majority revenue share. The global PTFE hoses market is segmented region-wise into North America, Europe, Asia-Pacific, South America, and the MEA, respectively. Among these aforementioned regions, the markets in the North America are expected to register the majority revenue share of the global PTFE hoses market, followed by those in Europe.

The research report on the Global PTFE Hoses Маrkеt includes profiles of some of the major companies such as 

• Eaton Corporation PLC
• Parker-Hannifin Corp.
• Smiths Group PLC
• Gates Industrial Corporation
• Spirax-Sarco Engineering Plc
• Kongsberg Automotive ASA
• HANSA-FLEX
• Kurt Manufacturing Company Inc
• Tubes International
• Pacific Hoseflex Pty Ltd
• CIMAKA International GmbH
• Eng Cheong Machinery Co. Pte. Ltd
• Alfaflex NV
• RYCO Hydraulics
• others

Segmentation for Global PTFE Hoses Маrkеt based on Product Type, Media Type, Application, and Region

Based on Product Type:

• Conductive
• Non-Conductive

Based on Media Type:

• Liquid Media
• Solid Media
• Gaseous Media

Based on Application:

• Oil & Gas
• Pharmaceutical & Chemical
• Transportation
• Industrial Manufacturing
• Other Applications

Based on Regions:

• North America
• Europe
• Asia Pacific
• South America
• MEA

For the PTFE Hoses Market research study, the following years have been considered to estimate the market size: