AC Hose market is mainly driven by the increasing demand in of automotive globally.
New York, NY -- (SBWIRE) -- 09/06/2017 -- AC Hose: Market Dynamics
AC Hose market is mainly driven by the increasing demand in of automotive globally. AC Pipes and hoses in a vehicle are prone to wear, tear and damage which also boost the demand. Many new advanced materials are springing in the market every day which is used in AC Hose. AC Hose will witness a rise in the demand because of its use in cars, SUV, Sedan, TUV, XUV and other types of Automotive. High-quality polymer products are getting traction in the market especially in luxury vehicle segment. Factor that fuels up the growth of the AC Hose market is that the affordable price of AC Hose because of cheap production cost. AC Hose market is expected to grow during the forecast period due to its versatile benefits.
However, AC Hose comes along with many restraints. AC Hose is purely dependent on the type of material used which can hinder the quality of finished product and cost. Also, some of the factors need to check before production of hoses and pipe are the temperature of the material and the resulting polymer melt temperature, Melt index and Shear rate of the process. All these factors can result in the change of composition and strength of the finished product.
AC Hose market have an opportunity in high-quality materials which can give better strength to the pipe and hoses.
AC Hose: Segment Outlook
AC Hose market can be segmented on the type of raw material which include rubber, metal, PE and others. AC Hose market can be segmented on the types of size which include Pipe (1/2", 1/4", 3/8", 5/8", 3/4" and Others) and Hose (#6, #8, #10, #12 and Others) . AC Hose market can also be segmented on basis of types of Automotive which include Passenger Cars (Sedan, SUV, TUV, XUV, Convertibles, Coupes and Others), Light Commercial vehicles (Mini Vans, Wagons and Others), Buses and Coaches and Heavy trucks.
AC Hose: Regional Outlook
Regional coverage for AC Hose market includes North America, Latin America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Middle East and Africa (MEA) and Japan. AC Hose market witnesses a high demand in APEJ because of the high investments in the region. A large number of manufacturing units are based in South Asian countries like China, Taiwan, South Korea and India. AC Hose market is expected to grow significantly in APEJ region as investors are still opening new production facilities in the region.
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AC Hose: Market Players
The market players in AC Hose market are Parker Hannifin Corp, Kynar, Gates Corporation, Tubes International, Automotive-Electrical (Mirfield) Limited, Vishwakarma Auto Pipes, Everco and many more.
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