The concrete delivery hose market size expects a considerable valuation bump from USD 823.4 million in 2024 to USD 1,432.10 million by 2034. The updated report points to a CAGR of 5.69% CAGR from 2024 to 2034. That is a slight rise from the earlier CAGR of 5.20% observed between 2019 and 2023.
Attributes | Details |
---|---|
Market Size, 2023 | USD 779.1 million |
Market Size, 2024 | USD 823.4 million |
Market Size, 2034 | USD 1,432.10 million |
Value CAGR (2024 to 2034) | 5.69% |
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Construction Activities Keep on Increasing in Emerging Economies and Boost Sales
The world is seeing an escalation in construction. This is because more people are moving to cities, highlighting urbanization. Factories are mushrooming, showcasing industrial power improvement. And lots of modern infrastructure is being developed. As such, the demand for concrete delivery hoses is increasing.
Whether being used in new buildings, fixing up old ones, or some other construction activity, concrete delivery hose sales are rising. This is particularly true in emerging economies, where urbanization and industrialization are escalating rapidly. China, India, and other South Asian countries top the charts when it comes to construction activities.
China is leading globally in terms of construction activities. There are over 1,175 big projects going on, like building roads and bridges, worth more than USD 25 million each as of May 2022. China is changing the way we build and where we live. The country is involved in creating high-tech cities like Shenzhen and Xiong’an.
High-performance Hoses are Highly Preferred in the Market
Construction projects are changing, so there is a need for better hoses to deliver concrete. These hoses have to be really robust to handle tough tasks. Contractors need hoses that deal with high pressure and extreme temperatures. They also need to withstand abrasive materials used in hard construction sites.
As countries are building skyscrapers, digging tunnels, and expanding their industries, the demand for high-performance concrete delivery hose is increasing. Companies are making these hoses stronger and adding special features to make sure they work well and last longer in tough situations.
Segment | DN 125 (Diameter) |
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Value Share (2024) | 50.20% |
The DN 125 diameter segment gained top concrete delivery hose market shares in 2024. DN 125 concrete delivery hoses are suitable for large and small-scale construction projects. They are mostly compatible with standard concrete pumps and delivery systems.
They are widely available and have a proven reliability. These aspects fuel its demand in the industry. They have become the industry standard for concrete delivery. They can be used in various job site conditions and are the preferred choice among contractors, engineers, and equipment manufacturers.
Segment | High-rise Buildings (Application) |
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Value Share (2024) | 25.80% |
The high-rise buildings segment captured the leading concrete delivery hose market shares in 2024. Cities are expanding vertically, increasing the construction of high-rise buildings. Cities are competing to create iconic skylines and attract investments. With high-rise buildings, tourism increases and conveys a sense of modernity in urban landscapes.
Concrete delivery hose demand is increasing as high-rise building construction rises. The popularity of luxury and premium properties is rising as income levels are improving. Land scarcity is likely to prompt demand in the coming years.
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Countries | Value CAGR (2024 to 2034) |
---|---|
United States | 4.80% |
Germany | 5.20% |
Japan | 5.60% |
India | 5.80% |
Australia | 6.10% |
The demand for concrete delivery hose in the United States shall rise at a 4.80% CAGR through 2034. The bipartisan support in infrastructure modernization is helping the market grow in the United States. Companies are using new technology to make hoses better. People want buildings to be kinder to the environment, so they're using hoses made from recycled stuff. Lastly, because there aren't enough skilled workers, companies are teaching their employees how to use hoses better.
Eaton Corporation and Gates Corporation are famous in the United States. They focus on innovation and product development to improve quality and performance.
The concrete delivery hose market growth in Germany is estimated at a 5.20% CAGR till 2034. In Germany, the commitment to sustainable practices drives demand for eco-friendly construction materials. This includes concrete delivery hoses made from recycled materials and energy-efficient processes.
The construction sector's adoption of sustainable standards like Passive House and LEED certification creates opportunities for manufacturers to provide greener solutions. Moreover, Germany leads in digitalization and Industry 4.0 adoption. Thus, enabling concrete delivery hose manufacturers to enhance production processes and meet industry demands efficiently.
Continental AG and Trelleborg Group are prominent in Germany. These companies invest in eco-friendly and sustainable manufacturing processes. They expand globally through collaborations and acquisitions.
Sales of concrete delivery hose in Japan will surge at a 5.60% CAGR through 2034. In Japan, old buildings and cities are getting fixed up, and that means they need lots of construction stuff, like hoses for delivering concrete. Because Japan often faces earthquakes and other natural disasters, they're really big on making buildings strong and safe. So, companies that make tough hoses for tough jobs can do well here.
Also, Japan is using new ways to build things faster and better, like putting together big pieces of buildings in factories. This means they need hoses that can handle these new methods. Japan is also big on making cities smarter, using technology to improve living and sustainability.
Bridgestone Corporation and Sumitomo Riko Co. Ltd. are integral to Japan. These businesses expand their market presence by partnering with local construction firms and distributors.
Concrete delivery hose demand in India will rise at a 5.80% CAGR through 2034. In India, the government is doing big projects like building new cities and infrastructure, which means they need a lot of construction materials like concrete delivery hoses. With more people moving to cities, they're building tall buildings and other big projects.
These projects also require these hoses to move concrete around. India is also starting to care more about the environment, so they want hoses made from recycled stuff. They're also making lots of new transportation systems like metros, which need hoses too. India is using new technology to build things faster and better, so hoses with sensors are becoming important.
Concrete delivery hose sales in Australia will increase at a 6.10% CAGR until 2034. In Australia, they need a lot of concrete for various big projects. Mining and renewable energy projects, coastal protection, urban renewal, and water infrastructure upgrades are some examples. For all these projects, they need hoses to deliver the concrete.
The mining sector requires tough hoses for harsh conditions, while renewable energy projects need hoses for foundations and structural components. Coastal projects need hoses resistant to saltwater and wave action. In cities, hoses must be efficient for tight spaces, and water infrastructure projects need hoses for remote areas.
Pacific Hoseflex and Pirtek Fluid Systems Pty LTd., are located in Australia. These companies offer comprehensive solutions for concrete delivery hose systems, like accessories and fittings. They also invest in training and development programs to improve technical expertise.
The concrete delivery hose market is fiercely competitive, with top rivals such as Putzmeister, Schwing, Sany, and Zoomlion competing for market share. These organizations set themselves apart via technical innovation, product excellence, and customer service.
Established brands rely on strong customer connections and brand reputation to sustain market dominance. Emerging trends like digitization and sustainability are transforming the competitive landscape. As such, businesses are investing in smart technology and biologically friendly solutions to stay ahead.
Recent Developments
The market is valued at USD 823.4 million in 2024.
The market is estimated to increase at a 5.69% CAGR through 2034.
The market is expected to be worth USD 1,432.10 million by 2034.
DN 125 hose is highly preferred in the market.
The market in Australia is predicted to expand at a 6.10% CAGR through 2034.
Market Size (2023) | USD 5,058.8 million |
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Market Projected Size (2033) | USD 24,178.4 million |
Value CAGR (2023 to 2033) | 16.9% |
Estimated Market Value (2023E) | USD 9,053.7 million |
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Projected Market Size (2033F) | USD 19,500.1 million |
Value CAGR (2023 to 2033) | 8.0% |
Market Size (2023) | USD 224.1 billion |
---|---|
Market Share (2033) | USD 325.4 billion |
Market CAGR (2023 to 2033) | 3.8% |
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