Mining Hoses Market: Regulations And Competitive Landscape Outlook To 2017 - 2025
The presence of a handful of large players in the global mining hoses market that hold key market share features a consolidated yet competitive vendor landscape, says a recent market study by Transparency Market Research (TMR). A noticeable trend observed among key players is focus for a diversified product portfolio by means of innovative technologies to up the ante against competitors. Topnotch players are also vying to tap growth opportunities in under-penetrated markets in the emerging economies of Asia Pacific. Some of the prominent companies operating in the global mining hoses market are Trelleborg Group, Metso Corporation, Continental Group, Weir Group plc, Novaflex Group, TESS, Hose Solutions Inc., Eaton Corporation, Goodall, and ALFAGOMMA Spa among others. As per estimates of the TMR report, the global mining hoses market is expected to expand at a CAGR of 7.30% during the 2017-2025 forecast period, for the market to present an opportunity worth US$483.4 m...