Global Vehicle Exhaust Hose Market Size, Share & Industry Trends Analysis Report By End-Use (Commercial Cars and Passenger Cars), By Type (Single layer, Double layer, and Three layer), By Regional Outlook and Forecast, 2022 - 2028
Special Offering: Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
Get in-depth analysis of the COVID-19 impact on the Vehicle Exhaust Hose Market
Market Report Description
The Global Vehicle Exhaust Hose Market size is expected to reach $622.4 Million by 2028, rising at a market growth of 4.3% CAGR during the forecast period.
A vehicle exhaust hose is basically a flexible pipe, which is placed in vehicles to remove harmful exhaust fumes from the engine and discharge them safely. In order to protect staff members and automotive technicians from dangerous gases and pollutants, exhaust hose systems are frequently employed in automobile service and repair facilities. To direct reaction exhaust gases out from controlled combustion within an engine or stove, an exhaust system is utilized. One or more exhaust pipes are part of the system that carries burned gases out of the engine. Peak power can be increased by additional exhaust components by lowering the rebound damping of the exhaust system. There are several rules and regulations that are imposed by governments of various countries in order to protect manufacturers from denying warranty claims if the aftermarket components are of matching grade and specifications to the original parts, even though these products occasionally have the potential to breach factory warranties.
The purpose of a vehicle exhaust hose is to remove dangerous fumes and pollutants from an automobile's engine. Flexible lines called car exhaust pipes are used to remove automobile fumes from interior auto repair facilities. Automobile exhaust must be released because it contains dangerously harmful carbon monoxide that is bad for human health. Carbon monoxide, a colorless and odorless gas, is most frequently found in gasoline engine exhaust emissions. A person can lose consciousness and suffocate as a result of carbon monoxide poisoning in just a few minutes. The major function of a vehicle's exhaust hose is to eliminate this type of dangerous exhaust gasses. Vehicle exhaust hoses come in a variety of designs, including manual, motorized, hose drops, and exhaust extraction.
The portable exhaust line is also utilized to release heat out from a vehicle. Therefore, heat would not be able to flow outside adequately if the portable exhaust pipe does not have enough airflow. The exhaust hose should not be blocked, thus that is the first item users should examine. ensuring that nothing is obstructing the hose's discharge at the point where it connects to the exterior of the house. Leaves, plants, and even bird nests can occasionally obstruct the outflow of the exhaust line.
COVID-19 Impact Analysis
Due to lockdowns, travel restrictions, and business closures, COVID-19 had a significant impact on the businesses and industries of numerous nations. The closing of numerous plants and factories had a detrimental influence on the production, delivery schedules, and sales of goods on the market. Only a few businesses have already cautioned of potential delivery delays and eventual sales declines. Additionally, the chances for commercial relationships and collaborations are being impacted by the international travel bans implemented by nations. The vehicle exhaust hose market was also impacted by the pandemic as a result of industrial closure and disruption in the global supply chain.
Market Growth Factors
Widespread Urbanization Along With Technological Advancements In Exhaust Systems
Due to strict government pollution rules, there have been rapid developments in exhaust system technologies such as exhaust after-treatment solutions and exhaust gas recirculation (EGR) systems. To comply with upcoming car pollution standards, automakers are creating diesel engine exhaust systems that cut NOx emissions. The demand for advanced exhaust systems for automobiles is anticipated to increase as a result of all these aspects related to the evolution and improvement of the automotive exhaust system. Vehicle sales and production are increasing in developing nations due to rapid urbanization along with the increasing demand of people for a premium lifestyle.
Increasing Demand For Efficient Fume Extraction Systems In Automotive Garages
The market for vehicle exhaust hoses is growing as a result of factors, like the rising demand for efficient and effective fume extraction systems from car garages. A variety of hazardous gases and particles are produced during the engine combustion process in diesel automobiles. Toxic carbon monoxide (CO), which is present in high concentrations in vehicle exhaust emissions, is released into the air while one is working close to these exhaust fumes. When inhaled in excess, this unpleasant and colorless gas can be fatal. Diesel exhaust can be a potential occupational carcinogen.
Market Restraining Factors
Increasing Adoption Of Electric Vehicles
People are becoming more aware of the effects that car air pollution has on the environment. Additionally, it is predicted that the expansion of the automotive exhaust system market would be constrained by the increasing adoption of electric vehicles globally as a result of government subsidies as well as tax exemption policies throughout the coming years. Global trends indicate that a variety of vehicles, including city buses, taxis, utility trucks, and other vehicles with a short driving range, will switch to electric power in the coming years. Compared to conventional fuel vehicles, the initial cost of an electric vehicle is high. However, administrative authorities find these cars to be an appealing investment because their operating expenses are significantly lower than those of diesel or gasoline-powered vehicles.
On the basis of Type, the Vehicle Exhaust Hose Market in segregated into Single layer, Double Layer, and Three Layer. In 2021, the single layer segment acquired the largest revenue share of the vehicle exhaust hose market. Single layer exhaust hose is becoming more and more common as a result of its important qualities including toughness, flexibility, and compressibility rate. The material silicone-coated fiberglass, which is resistant to alkali as well as other chemicals, is also typically used to construct single-layer exhaust pipes.
By the End-Use, the Vehicle Exhaust Hose Market is bifurcated into Passenger Cars and Commercial Cars. In 2021, the passenger cars segment garnered a substantial revenue share of the vehicle exhaust hose market. The rising growth of the segment is attributed to the rapidly increasing disposable income of people all over the world. Due to a surge in the disposable income of people all over the world, they are becoming more capable of buying new luxury vehicles. Therefore, the demand for passenger cars is significantly rising all over the world. This factor is majorly expediting the growth of this segment of the vehicle exhaust market.
|Market size value in 2021||USD 467.6 Million|
|Market size forecast in 2028||USD 622.4 Million|
|Historical Period||2018 to 2020|
|Forecast Period||2022 to 2028|
|Revenue Growth Rate||CAGR of 4.3% from 2022 to 2028|
|Number of Pages||133|
|Number of Tables||249|
|Report coverage||Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling|
|Segments covered||Type, End-Use, Region|
|Country scope||US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria|
Region-Wise, the Vehicle Exhaust Hose Market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. In 2021, North America accounted for the largest revenue share of the vehicle exhaust hose market. The growth of the regional market is increasing as a result of rigorous environmental restrictions regulating vehicle exhaust emissions for automobiles and auto repair shops across the region. Several local manufacturers of automotive exhaust hoses are increasing their efforts on R&D and company growth. For the American market, WORKY, a company that designs and manufactures vehicle exhaust hoses, introduced the GTL touchless vehicle fume extraction system. This will assist save time and cutting down on the cost of changing the nozzle.
Free Valuable Insights: Global Vehicle Exhaust Hose Market size to reach USD 622.4 Million by 2028
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.
Scope of the Study
Market Segments Covered in the Report:
- Commercial Cars
- Passenger Cars
- Single layer
- Double layer
- Three layer
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- 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.
- Dayco LLC
Unique Offerings from KBV Research
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
What would be the size of the Vehicle Exhaust Hose Market by 2028?
The global Vehicle Exhaust Hose Market size is expected to reach $622.4 Million by 2028.
What are the key driving factors and challenges in the Vehicle Exhaust Hose Market?
Widespread Urbanization Along With Technological Advancements In Exhaust SystemsWidespread Urbanization Along With Technological Advancements In Exhaust Systems are driving the market in coming years, however, Increasing Adoption Of Electric Vehicles restraints the growth of the market.
What are the major top companies in the competitive landscape?
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.
At what CAGR is the Vehicle Exhaust Hose Market estimate to grow in the forecast period?
The expected CAGR of the Vehicle Exhaust Hose Market is 4.3% from 2022 to 2028.
Which segment shows a high revenue share of the Vehicle Exhaust Hose Market in 2021?
The Commercial Cars segment acquired maximum revenue share in the Global Vehicle Exhaust Hose Market by End-Use in 2021 thereby, achieving a market value of $381.2 million by 2028.
Which region dominated the Vehicle Exhaust Hose Market in 2021?
The North America market dominated the Global Vehicle Exhaust Hose Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $208.3 million by 2028.