Evolution in Automotive Industry to Bolster Asian Rubber Hoses Market – Ken Research
According to the study “ Asia Automotive Rubber Hoses Industry Situation And Prospects Researc h Report �, automotive hoses are made of synthetic materials such as heavy duty plastics and the composites are costlier than hoses made of rubber, encouraging the consumers to opt for alternatives such as automotive rubber hoses. The stringent emission norms and regulations implemented in Asia are the major factors encouraging the manufacturers to build durable rubber hoses. Asia’s automotive rubber hoses market is segmented based on vehicle type such as passenger cars, light commercial vehicles, heavy commercial vehicles, special purpose vehicles and two wheelers. Automotive rubber hoses are used as turbocharger hoses, engine heating, cooling and radiator hoses, air conditioning hoses, lubrication hoses, transmission hoses, brake hoses and fuel hoses. Various types of automotive rubber hoses are non-reinforced rubber hoses and metalreinforced rubber hoses. The other types of automotive rubber hoses are connect the hose, low pressure hose, and high pressure hose. Transportation of fluids such as coolant, fuel and lubricants within an automobile is an integral process that is carried out by flexible conduits which are known as automotive rubber hoses. On an average, automobiles use a variety of hoses and pipes within the engine.
Every hose and pipe is a crucial component that ensures proper functioning of the engine component. Any defective hose may cause engine overheating, coolant loss, fuel supply disruption, and lead to increase in vehicle downtime. Automotive hoses are used for transferring volatile and high temperature liquids and gases, from the engine after combustion to the exhaust system. Almost all the automotive rubber hoses manufactured and used are made up of rubber or any of its variants. Along with transmission of various fluids, automotive rubber hoses effectively convey pressure from one actuation point to another in a hydraulic circuit and function as a medium to create vacuum wherever necessary within an automobile. Automotive rubber hoses are designed in view of various parameters such as application, working conditions, pressure ratings, compatibility with varying chemicals and fluids. HVAC, braking and steering systems need the use of automotive hoses to ensure smooth functioning of a vehicle. The demand for better performance and efficiency in automobiles without compromising on fuel consumption has led to the inclusion of turbochargers in the power unit system of a vehicle which is driving the growth of long lasting and extra durable automotive rubber hoses.
Geographically, Asian automotive rubber hoses market is spread across China, India, Japan, Korea, Saudi Arabia and other regions. Asia accounts for major share of the automotive rubber hoses market due to increasing automobile production in China, India and Japan. This trend is creating attractive opportunities for the automotive rubber hoses market with the establishment of many well-known automobile manufacturers. The leading vendors in Asian automotive rubber hoses market are Eaton, Hutchinson, Nichirin, Sumitomo Riko, TOYODA GOSEI, Belmont Rubber, Codan Rubber, Continental, DuPont, KraussMeffei Berstorff, Ningbo Fengmao Far-East Rubber, Shanghai Shangxiang Automotive Hoses, Shore Auto Rubber Exports, and Viad Elastomer Processors. The introduction of green vehicles, LPG and CNG vehicles in Asia has led to a huge demand for specifically built automotive rubber hoses. The major market challenge is the fluctuation in the price of available natural rubber. Therefore, majority of the Asian automotive rubber hoses manufacturers are investing heavily in R&D to manufacture lightweight and durable automotive rubber hoses. Modernization, increase in consumer disposable income and need for a personal vehicle per individual are the major factors that will drive the growth of the automobile and rubber hose market over the next few years.
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