The global vehicle exhaust hose market was valued at $525.40 million in 2021, and is projected to reach $760.60 million by 2030, growing at a CAGR of 4% from 2022 to 2030. The vehicle exhaust hose is used in an indoor automobile repair shop to remove vehicle exhaust emissions. It is important to remove exhaust fumes from automobile garages as it contains carbon monoxide, which is dangerous for human health. An exhaust hose’s primary function is to provide a dedicated route for channeling exhaust fumes from a running vehicle to outside automobile garages, where the fumes can be safely vented. Vehicle exhaust hose is simple to operate and provides a safe way to remove exhaust gases. Exhaust hoses come in a wide range of temperature and size specifications, allowing specialists to find right fit for practically any type of vehicle, including sedans, buses, big trucks, minivans, and other vehicles.
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Increased demand from the automotive repair facilities, and efficient fume extraction systems in the vehicles are expected to drive vehicle exhaust hose market revenue growth in the predicted time span. In addition, vehicle exhaust hose demand is expected to be boosted by innovation in the field of exhaust hose for protecting mechanics and workers from vehicle fume.
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The global vehicle exhaust hose market is segmented on the basis of type, end-use, and region. By type, the market is sub-segmented into single layer, double layer, and three layer. By end-use, the market is classified into passenger cars and commercial cars. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The key players included in this report are Masterflex Group., Air Cleaning Specialists, Inc., Nederman Holding AB, Novaflex Group, Eurovac, Flexaust Inc., Precision Hose & Expansion Joints, BISCO Enterprise, Inc., Dayco Products, LLC, and KEMPER GmbH.
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Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the vehicle exhaust hose industry analysis from 2021 to 2030 to identify the prevailing vehicle exhaust hose market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the vehicle exhaust hose industry segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global vehicle exhaust hose market trends, key players, market segments, application areas, and market growth strategies.
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