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Gas Connectors and Hoses Market Trends

Report ID: GMI12246
Published Date: Nov 2024
Report Format: PDF

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Gas Connectors and Hoses Market Trends

The gas connectors and hoses industry expanding due to increased demand for safer, more efficient gas delivery systems across residential and industrial applications. This growth is driven by the need for flexible, durable materials like stainless steel, thermoplastic, and reinforced rubber. These materials offer improved performance in various conditions, including high pressure, extreme temperatures, and UV exposure. The market's development is closely tied to materials that meet stringent safety regulations while providing the necessary flexibility and durability for diverse applications.

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for gas connectors and hoses was reached USD 13.4 billion in 2023 and is estimated to grow at a 7.5% CAGR from 2024 to 2032, driven by the increasing popularity of outdoor living spaces.

The natural gas segment is expected to reach USD 9.8 billion by 2032, growing at a 7.9% CAGR due to its widespread use in homes, businesses, and industries.

The stainless steel segment is projected to grow at a CAGR of over 8.3% from 2024 to 2032, favored for its durability, safety, and versatility.

The U.S. gas connectors and hoses market is projected to surpass USD 5.4 billion by 2032, led by advanced infrastructure, high industrial demand, and strict safety standards.

Key players in the industry include Bay Corporation, Bromic Plumbing and Gas, Companion Outdoor, Continental AG, Dormont, FlexTech, Grainger, IBEDA, OmegaFlex, Parker Hannifin, Prestige, Regency Gas Hoses, RRMcia, T&S Brass and Bronze Works, and Tubes International.