Subtitle: Demand for sustainable packaging solutions has been considerably influencing AUTOMOTIVE AND OFF-ROAD VEHICLE HOSES sales outlook. Future Market Insights (FMI) offers an in-depth analysis of key factors affecting AUTOMOTIVE AND OFF-ROAD VEHICLE HOSES sales across diverse sectors.

Historically from 2016 to 2020, use of automotive and off-road vehicle hoses has witnessed declined growth at - 2.3% CAGR, mainly due to the COVID-19 pandemic that devastated automotive industry growth in 2020.

On a global scale, automotives costs have increased significantly due to rising raw material cost over the past few years, which can be attributed to rising expenditure on RD activities conducted by major players in the automotive industry. The main traits of automotive hoses are hollow pipes that are used for fluid transfer in vehicle engines.

Earlier, manufacturers did not have a variety of options for hose materials, and hence, rubber reinforced with other materials such as plastic or polymer was used by hose manufacturers. Rubber, as a hose material, is still popular among manufacturers, but now, many are using other materials that are lightweight and provide excellent chemical resistance and high temperature resistance, such as nylon, fluoropolymer, silicone infused with rubber, and metal.

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Besides this the market is segmented in terms of Product, Material, End user and Region. The report also delivers information on sales outlook in 20+ countries. Expansion of the Automotive and Off-Road Vehicle Hoses market is largely dependent on scope for logistic applications. The impact of organized retail section expansion also is studied to uncover hidden opportunities for growth.

Key Automotive and Off-Road Vehicle Hoses survey highlights and projections

• Expansion of organized retail sector, besides surging sales via online channels will presents attractive growth opportunities. Driven by this, fact mr predicts the market to rise at 5.4% cagr through 2021-2031
• Expansion of food service sector and focus on pocket-friendly yet efficient packaging solutions will drive Automotive and Off-Road Vehicle Hoses sales in india and china
• Prospects for growth remain optimistic in japan and south korea, backed by industrialization and favorable government policies.
• Sales within the u.s. Will account for maximum demand registered in north america.
• Demand will remain high in germany and the u.k. As both countries focus on technological improvements in packaging machineries.

Report benefits key questions answered

• Automotive and Off-Road Vehicle Hoses company brand share review: fact mr offers in-depth brand audit to identify how strategies adopted by companies to establish their brand image will help them to achieve their growth targets.
• Automotive and Off-Road Vehicle Hoses historical volume analysis: the study evaluates sales registered in the market between 2016 and 2020 and compares the same with future outlook.
• Automotive and Off-Road Vehicle Hoses category segment level analysis: fact mr presents refined sales outlook. This chapter evaluates key factors enabling sales across various segments within the market. It also analyzes prospects for sales across emerging countries.
• Automotive and Off-Road Vehicle Hoses demographics spending pattern: fact mr survey on Automotive and Off-Road Vehicle Hoses market evaluates the spending behavior of consumers. It studies the factors affecting their consumption, in turn influencing their spending pattern. Overall higher willingness to spend on advanced packaging is observed, which will bode well for the market.
• Expenditure on Automotive and Off-Road Vehicle Hoses post covid-19 recovery: the report presents comparison between pre-covid and post covid spending pattern of consumers. Higher inclination to shop online and expansion of ecommerce post covid will have a considerable impact on overall Automotive and Off-Road Vehicle Hoses sales.

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Competitive landscape analysis

The report offers in-depth insights into competition prevailing in the market. It profiles companies in terms of tier 1, tier 2, and tier 3. Growth prospects for companies belonging to each of these tiers are studied in detail.

The survey also includes company share analysis to evaluate share held by these companies, respectively. It also underscores some of the winning strategies adopted by the market players. The impact of government regulations on strategies adopted by the market players are evaluated in details.

Some of the leading companies operating in the market are

• Continental AG
• Sumitomo Riko Co. Ltd
• Hitachi Ltd.
• Toyoda Gosei Co. Ltd
• Hutchinson S.A
• Gates Corporation
• Eaton Corporation plc
• TI Fluid Systems
• Nichirin Co. Ltd
• Codan Rubber A/S

Key Market Segments Covered

By Product

• Automotive and Off-Road Vehicle Break Hoses
• Automotive and Off-Road Vehicle Fuel Hoses
• Automotive and Off-Road Vehicle Coolant Hoses
• Automotive and Off-Road Vehicle Air Conditioning Hoses
• Automotive and Off-Road Vehicle Steering Hoses
• Other Types

By Material

• Rubber Automotive and Off-Road Vehicle Hoses
• Silicone Automotive and Off-Road Vehicle Hoses
• Fluoropolymer Automotive and Off-Road Vehicle Hoses
• Other Material Types

By Vehicle

• Automotive and Off-Road Vehicle Hoses for Passenger Cars
• Automotive and Off-Road Vehicle Hoses for LCVs
• Automotive and Off-Road Vehicle Hoses for HCVs
• Automotive and Off-Road Vehicle Hoses for Two Wheelers
• Automotive and Off-Road Vehicle Hoses for Three Wheelers
• Automotive and Off-Road Vehicle Hoses for Construction Mining Equipment
• Automotive and Off-Road Vehicle Hoses for Tractors

By Sales Channel

• Automotive and Off-Road Vehicle Hoses from OEMs
• Automotive and Off-Road Vehicle Hoses from Aftermarket

By Region

• Americas
• Europe
• Asia
• MEA
• India
• China
• USA

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