Market Research Reports - Ken Research Global Automotive Rubber Hoses Industry Analysis | Page 2

MEA). North America accounts for major share of the automotive rubber hoses market, followed by Canada due to flourishing automotive industry. Asia Pacific region is on par with North America with the increase in vehicle production in China, India and Japan. Africa, Mexico and Brazil are creating attractive opportunities for the automotive rubber hoses market with the establishment of many well-known automobile manufacturers. The leading vendors in global automotive rubber hoses market are Eaton, Hutchinson, Nichirin, Sumitomo Riko, TOYODA GOSEI, Belmont Rubber, Codan Rubber, Continental, DuPont, KraussMeffei Berstorff, Ningbo Fengmao Far-East Rubber, Shanghai Shangxiang Automotive Hoses, Shore Auto Rubber Exports, and Viad Elastomer Processors. The increasing sales of LPG and CNG vehicles on a global scale has led to a huge demand for specifically built automotive rubber hoses. The major market challenge is the fluctuation in the price of available natural rubber. Therefore, majority of the global automotive rubber hoses manufacturers are investing heavily in R&D to manufacture lightweight and durable automotive rubber hoses. Global increase in production of automobiles, modernization, increase in consumer disposable income and need for a personal vehicle per individual are the major factors driving the growth of the automobile and rubber hose market over the next few years. To know, more click on the link below: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive- and-automotive-components/global-automotive-rubber-hoses-industry-situation-and- prospects-research-report/145671-100.html Related Reports: https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive- and-automotive-components/china-automotive-rubber-hoses-industry-situation-and- prospects-research-report/145686-100.html https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive- and-automotive-components/asia-automotive-rubber-hoses-industry-situation-and- prospects-research-report/145681-100.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications [email protected] 0124-4230204