Published on : Dec 04, 2017
ALBANY, New York, December 04, 2017: Mining Hoses Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025 is the latest report added in the vast repository of ResearchMoz.us which talks about the global landscape of the mining hoses market for the given forecast period of 2017 to 2025. The research report covers the global mining hoses market in terms of the latest trends that are prevailing in the market, driving and impeding factors of the global market, and the opportunities that may arise in the global market during the course of the forecast period. The research report also offers an in-depth analysis of the present market dynamics and sheds light on the competitive landscape of the global mining hoses market. The study report is the compilation of the information collected through extensive assessment of the market and the data gathered from the professionals in the industry. The research report also offers vital information on the key market players that are currently plying their trade in the global mining hoses market. The report also maps the overall growth prospects of the global market over the course of the given forecast period of 2017 to 2025.
The global market for mining hoses is expected to reach an overall market valuation of US$483.4 mn over the course of the given forecast period of 2017 to 2025. This growth of the global market for mining hoses is expected to be achieved with the help of a CAGR of 7.30% over the same period of forecast.
The growth of the global mining hoses market is projected to be driven by multiple factors. One of the key driving factors for the development of the global market is that the market itself is experiencing an overall positive outlook on the backdrop of the steady recovery of the global mining industry after the economic recession of 2008-09. The upward spike in the manufacturing of numerous minerals such as gold, iron, and copper to cater to the needs of the several end use industries is working in favor of the overall development of the global mining hoses market. In addition to this, several initiatives by governments across the globe to revitalize the mining sectors is also projected to augment the overall development of the global mining hoses market in the coming years.
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Mining hoses find their uses in number of transitional procedures at the time of mining the minerals. This involves handling of heavy materials and transportation of industrial or slurry alkali/water among others. In addition to this, it is also utilized for the pumping of excessively abrasive materials from the sites of mining. To make this happen, mining hoses are produced from a top quality synthetic or natural rubber that are based on temperature, pressure, and dimensions that may vary depending on the operations of mining.
The research report on the global market for mining hoses offers an in-depth cross country and cross segment analysis that is based on various segments which includes media of transport, and type of material. Depending on the type of transporting media, the market can be further segmented into alkali/water, slurry, and bulk powder. Depending on the type of material, the market can be further segmented into synthetic and natural rubber. The segment of synthetic rubber can be further divided into NBR, PU, SBR, and others. The others include EPDM, IR, and IIR.
From a geographical standpoint, the global market for mining hoses can be segmented into key regions such as Europe, North America, Latin America, Middle East and Africa, and Asia Pacific.
Some of the key players in the market include names such as Eaton Corporation, ALFAGOMMA Spa, TESS, Hose Solutions Inc., and Goodall among others.
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