Tuesday, July 16, 2013

U.S. Flexible Hose And Tubing Materials Volume To Reach 1 Billion Pounds By 2017

According to a new technical market research report, POLYMERIC FLEXIBLE HOSE AND TUBING (Report Code: PLS012F) from BCC Research (http://www.bccresearch.com), the overall U.S. market for hose and tubing materials by volume was 891 million pounds in 2012. BCC Research expects the market to reach 1 billion pounds in 2017, after increasing at a five-year compound annual growth rate (CAGR) of 2.4%.

Flexible hose and tubing continues to be a vital industry, despite its modest growth rate and the rather staid general impression of garden hose and other everyday products. While there have been relatively few developments in recent years, some changes continue to add an interesting dynamic to an otherwise stable market.

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The goal of this report, which breaks the market into four main sectors (automotive, hydraulics, industrial and consumer/healthcare), is to provide the reader with a comprehensive update on the state of the U.S. flexible hose and tubing and ascertain its direction over the next five years. This report covers flexible hose/tubing made from polymeric materials (that is, what we commonly call plastics or rubber materials), as contrasted with rigid piping and rigid metal tubing (e.g., aluminum and copper tubing for automobiles and refrigerators), which is covered at length in a recent companion BCC Research report, Report code -PLS053A.

The broad base of the industry is illustrated both by the many different materials for hoses and tubing, including elastomeric and non-elastomeric, and also by the many different markets that are served by these materials and products. Relatively recent changes in the industry have brought about the development of newer materials that compete with more established and older synthetic resins and elastomers. This includes thermoplastic elastomers; products that can no longer be considered as new, but are still being developed and competing. The thermoplastic resins (non-elastomeric) polymeric materials segment by volume was 512 million pounds in 2012. With a CAGR of 2.4%, this market is expected to reach 576 million pounds by 2017.

The market for flexible hose and tubing is being driven by changes in the industry, particularly in the automotive segment. Engine innovations for example, are constantly being made in the very important automotive under–the–hood hose and tubing category. Additionally, an industry-wide change in primary auto air conditioner refrigerant, from CFC–12 (Freon–12) to HFC–134a, has necessitated changes in the hose and tubing used for such applications.

This updated BCC Research provides analyses of market trends, with data from 2012, and projections of CAGRs through 2017. The report also discusses older and newer technologies and their markets and provides market analysis for hose and tubing material in terms of pound volume.

This report should be of interest to a wide group of organizations and individuals that are involved in the development, design, manufacture, sale, and use of hose, tubing and other related materials.

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