The Asia Pacific Vehicle Exhaust Hose Market would witness market growth of 4.8% CAGR during the forecast period (2022-2028).
For many industrial applications, particularly those that filter significant amounts of fumes and other potentially hazardous pollutants, a fume extraction hose is a crucial piece of equipment. Its major job is to transport dangerous gasses and chemicals from the machinery to the air filtering system. The larger main filtration system, which safely dissolves the fumes, is composed of the hose as a supporting component. The exhaust hose cannot move the fumes to a ventilated region for safe dispersion if it is not connected to a bigger primary filtration system.
Our exhaust hoses are strong, flexible, resistant to the elements, and beneficial in a variety of applications that improve air quality. Fume exhaust hoses can link to existing exhaust equipment to build a source capture system or to different machines because of their flexibility and adaptability. Exhaust hoses are frequently used as the ducting between two separate things that are joined to each other. By connecting directly to the emission source in the appropriate application, a fume extraction hose can function as the autonomous exhaust system.
There is a rise in the number of concerns about air pollution caused by vehicles in the region. According to the Transport Department of the Government of Telangana, in Telangana State, there are 1.38 crore motor vehicles in all categories. The number of vehicles on the road is growing daily, and the smoke they emit is polluting the environment and endangering human health. The twin cities of Secunderabad and Hyderabad alone have a total vehicle pollution load (VPL) of 1500 T/day.
With a growth rate of 14% annually, Delhi's registered vehicle population has increased from 2.2 million in 1994 to 7.6 million now. Two-wheelers make up about two-thirds of all motor vehicles. The primary cause of air pollution in Delhi is thought to be vehicular pollution. According to the Transport Department of the government of NCT, the amount of traffic pollution in Delhi grew between 1990–1991 to 1995–1996 by about 50%. With the deployment of many control measures, a decline has been seen in recent years.
The China market dominated the Asia Pacific Vehicle Exhaust Hose Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $53.9 million by 2028. The Japan market is estimated to grow a CAGR of 4.2% during (2022 - 2028). Additionally, The India market would experience a CAGR of 5.4% during (2022 - 2028).
Based on End-Use, the market is segmented into Commercial Cars and Passenger Cars. Based on Type, the market is segmented into Single layer, Double layer, and Three layer. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Vehicle Exhaust Hose Market is Projected to reach USD 622.4 Million by 2028, at a CAGR of 4.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Nederman Holding AB, Masterflex SE (Avantor, Inc.), Air Cleaning Specialists, Inc., Novaflex Group, Flexaust Inc. (Schauenburg Hose Technology Group), Eurovac (Clean Air Technologies Inc.), Precision Hose & Expansion Joints, BISCO Enterprise, Inc., and Dayco LLC.
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