Automotive Hoses Market Size & Growth Report to 2030

The global automotive hoses market was valued at over USD 10 billion in 2022 and is projected to grow at a CAGR of around 5% during the forecast period from 2023 to 2030. The market is driven by several factors such as the increasing demand for lightweight and high-performance hoses, the growing automotive industry, and the rising demand for electric vehicles. Other factors include the increasing adoption of turbocharged engines, the growing demand for passenger cars, and the development of advanced materials for manufacturing automotive hoses. Additionally, the increasing awareness about vehicle safety and emission regulations is also driving the demand for automotive hoses. Moreover, the development of new and advanced technologies for manufacturing hoses is also expected to boost market growth during the forecast period.

Driving Factors:

Increasing demand for automobiles: With the increasing demand for automobiles worldwide, the demand for automotive hoses is also expected to increase. This is because hoses are an essential component of an automobile’s engine and cooling system.

Stringent regulations: Governments across the globe are imposing strict regulations to reduce vehicle emissions and improve fuel efficiency. As a result, automakers are developing vehicles with better fuel efficiency and reduced emissions, which require high-quality automotive hoses.

Technological advancements: Technological advancements in the automotive industry have led to the development of advanced materials and manufacturing processes, which have improved the durability and performance of automotive hoses.

Growing aftermarket sales: The demand for replacement hoses in the aftermarket segment is increasing due to the aging vehicle population, which is driving the growth of the automotive hoses market.

Increasing demand for electric vehicles: The growing demand for electric vehicles is expected to boost the demand for cooling hoses and other types of hoses used in these vehicles.

Overall, the automotive hoses market is expected to grow due to the increasing demand for automobiles, the adoption of strict regulations, technological advancements, growing aftermarket sales, and the increasing demand for electric vehicles.

Market Attributes:

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Market Insights:

Global Automotive Hose Market Analysis by Material

The global automotive hose market is bifurcated into material, application, vehicle type, sales channel, and geography. On the basis of material, the market is further segmented into rubber, plastic and metal. The rubber segment is the dominant material type in the automotive hoses market. Rubber hoses are widely used in automotive applications due to their superior properties such as flexibility, high temperature and pressure resistance, chemical resistance, and durability. Rubber hoses can withstand high operating temperatures and pressures, making them ideal for use in automotive cooling and heating systems, turbocharger systems, and power steering systems. Additionally, rubber hoses have excellent resistance to ozone, weathering, and aging, which increases their lifespan and reliability. Due to these advantages, the demand for rubber hoses in the automotive industry is high, making it the dominant segment in the automotive hoses market.

Rubber: Rubber is the most common material used in automotive hoses due to its flexibility, durability, and resistance to heat and chemicals.

Plastic: Plastic hoses are lightweight and inexpensive, but they are not as durable as rubber hoses and can be easily damaged.

Metal: Metal hoses are strong and resistant to high temperatures and pressure, making them suitable for use in high-performance vehicles. However, they are also more expensive and less flexible than rubber or plastic hoses.

Global Automotive Hose Market Analysis by Application

On the basis of material, the global automotive hose market is bifurcated into cooling systems, turbochargers, fuel systems, emission control, power steering, and others. Cooling systems, which include radiator hoses, heater hoses, and coolant hoses, are the dominant application segment in the Automotive Hoses Market due to their high demand in vehicles. As the name suggests, these hoses play a crucial role in maintaining engine temperature and preventing overheating.

Turbochargers and fuel systems are also significant application segments, as hoses are used to supply air and fuel to the engine. Emission control hoses are used to carry exhaust gases from the engine to the exhaust system. Power steering hoses are used to transmit power steering fluid to the steering mechanism, enabling the driver to easily steer the vehicle. Overall, the demand for automotive hoses is driven by the growth of the automotive industry and the increasing use of high-performance and lightweight materials to improve fuel efficiency and reduce emissions.

Cooling Systems: This segment includes hoses used in the cooling system of vehicles, such as radiator hoses and coolant hoses. These hoses transfer coolant from the engine to the radiator and back, helping to regulate the temperature of the engine.

Turbochargers: Turbocharger hoses are used to connect the turbocharger to the engine intake and exhaust systems. These hoses need to withstand high temperatures and pressure, and are often made of materials like silicone or reinforced rubber.

Fuel Systems: Hoses in the fuel system transfer fuel from the fuel tank to the engine. They need to be able to withstand the corrosive nature of fuel and prevent leaks.

Emission Control: This segment includes hoses used in the exhaust system, such as EGR hoses and PCV hoses. These hoses help to control emissions by directing exhaust gases back into the engine or to the catalytic converter.

Power Steering: Hoses in the power steering system transfer hydraulic fluid to the power steering pump and steering gear. These hoses need to be able to withstand high pressure and prevent leaks.

Others: This segment includes hoses used in various other automotive applications, such as brake hoses and vacuum hoses. These hoses are typically made of materials like rubber or plastic and are designed to withstand specific conditions and pressures.

The automotive hoses market research report presents the analysis of each segment from 2020 to 2030 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2030.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2030 – Forecast Period

Market Segmentation:

By Material:

• Rubber
• Plastic
• Metal

By Application:

• Cooling Systems
• Turbochargers
• Fuel Systems
• Emission Control
• Power Steering
• Others

By Vehicle Type:

• Passenger Cars
• Heavy Commercial Vehicle (HCVs)
• Light Commercial Vehicle (LCVs)
• Others

By Sales Channel:

• OEM (Original Equipment Manufacturer)
• Aftermarket

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Geographic Coverage:

On the basis of region, the dominant region in the automotive hoses market is expected to be Asia Pacific. The region has a large automotive industry and is witnessing significant growth in the production and sales of automobiles. China, Japan, India, and South Korea are some of the major countries driving the growth of the Automotive Hoses market in the region. Additionally, the increasing demand for lightweight and fuel-efficient vehicles is also expected to boost the demand for automotive hoses in the region. The Asia-Pacific market is driven by the increasing demand for automobiles in the region, coupled with the presence of major automobile manufacturers. Additionally, the increasing awareness regarding fuel efficiency and carbon emissions is expected to drive the demand for lightweight automotive hoses in the region.

Competitive Assessment:

Some of the major market players operating in the global automotive hoses market are Continental AG, Gates Corporation, Sumitomo Riko Co., Ltd., Eaton Corporation plc, and Nichirin Co., Ltd. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. For instance:

• In September 2022, KA merged its Fluid Transfer Systems (FTS) and Couplings business units to establish a new business unit named ‘Flow Control Systems’. The FTS unit of KA provides PTFE hoses and hose assemblies to several automotive and industrial markets, while the couplings business is a supplier of compressed air couplings to the commercial vehicle market globally.
• ContiTech, the industrial segment of Continental AG, announced in July 2022 that it will undergo a significant restructuring of its hose sites in Germany. The move comes in response to an oversupply of rubber hoses for combustion engines caused by the automobile industry’s transition.
• In January 2021, Continental AG announced the expansion of its hose manufacturing plant in Qingdao, China, with an investment of approximately $9.8 million. The expansion will enable the company to produce a wider range of hoses for automotive and other industrial applications.
• In February 2021, Gates Corporation launched its new automotive aftermarket product line, the “Gates Black Gold” line of hose solutions, which includes high-pressure hydraulic hoses, multi-purpose hoses, and other specialty hoses.
• In March 2021, Codan Rubber A/S announced the acquisition of the assets and business of the Parker Hannifin A/S hose production facility in Silkeborg, Denmark. The acquisition will enable Codan Rubber to expand its production capacity and product range for the automotive and industrial markets.
• In April 2021, Toyoda Gosei Co., Ltd. announced the development of its new lightweight rubber hose technology, which uses a special resin to reinforce the hose and reduce weight by approximately 20%. The technology is expected to be used in automotive fuel hoses and other applications.
• In May 2021, Eaton Corporation announced the launch of its new line of high-performance silicone coolant hose products, designed for use in heavy-duty and high-performance automotive applications. The new hoses are said to offer improved durability, flexibility, and resistance to high temperatures and pressure.

The market is expected to continue to evolve as new technologies and materials are developed, and as the demand for more efficient and sustainable automotive components grows.

Key Companies:

• Continental AG
• Gates Corporation
• Sumitomo Riko Co., Ltd.
• Eaton Corporation plc
• Nichirin Co., Ltd.
• Codan Rubber A/S
• Hutchinson SA
• TI Fluid Systems plc
• Cooper Standard Holdings Inc.
• Yokohama Rubber Co., Ltd.

Report Highlights:

• Global automotive hoses market forecasts from 2023-2030
• Regional market forecasts from 2023-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2030 covering 15 major countries from the regions as mentioned above
• Automotive hoses submarket forecasts from 2023-2030 covering the market by material, application, vehicle type, sales channel, and geography
• Various industry models such as SWOT analysis,  PESTEL analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level automotive hoses markets from 2023-2030
• Competitive Landscape and market positioning of top 10 players operating in the market