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In 2023, key companies like Eaton, Parker Hannifin, RYCO Hydraulics, Kurt Manufacturing and Semperit held a combined market share of 20-25%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions. Manufacturers are improving durability and resistance by adoption of lightweight materials into refueling hose to offer more advanced solutions in the aviation industry.
Major companies operating in the industry include:
The global market size for aircraft refueling hose was valued at approximately USD 2.3 billion in 2023 and is estimated to grow at a 4.6% CAGR from 2024 to 2032, driven by the expanding aviation industry.
The aircraft refueling hose industry from rubber material segment held a 39.16% market share in 2023 and is anticipated to grow at a 5.3% CAGR during the forecast period due to its flexibility and durability.
Major companies in the industry include Colex International, Eaton, Flexaust, Gates, Kanaflex, Kurt Manufacturing, Kuriyama, Norres Schlauchtechnik, Pacific Echo, Parker Hannifin, RYCO Hydraulics, Semperit, Titeflex, Transfer Oil, and Trelleborg.
North America market recorded a 32.5% market share in 2023 and is projected to grow at a 5% CAGR, driven by high air traffic volume and the expansion of airline routes.