Oil and Gas Hose Assemblies Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Material (Rubber, Polymers & Composites and Metal), By Pressure Type (Low Pressure, Medium Pressure and High Pressure), By Application (Downstream, Midstream and Upstream), By Region, By Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 1.72 Billion
CAGR (2026-2031)	5.56%
Fastest Growing Segment	High Pressure
Largest Market	North America
Market Size (2031)	USD 2.38 Billion

Market Overview

The Global Oil and Gas Hose Assemblies Market will grow from USD 1.72 Billion in 2025 to USD 2.38 Billion by 2031 at a 5.56% CAGR. Oil and gas hose assemblies are specialized flexible conduits engineered to transport hydrocarbons, drilling muds, and chemicals under extreme pressure and temperature conditions. These critical components, typically constructed with reinforced synthetic rubber or thermoplastic layers, ensure the safe and efficient transfer of fluids during exploration, extraction, and refining operations. The market’s growth is primarily supported by escalating global energy consumption, which necessitates intensified offshore and onshore drilling activities, alongside the essential recurring need to replace aging infrastructure to maintain operational safety standards.

According to the 'International Energy Agency', in '2024', 'global upstream oil and gas investment was expected to increase by 7% to reach USD 570 billion'. This surge in capital expenditure directly correlates to a heightened demand for durable hose assemblies required for new drilling rigs and well intervention projects. However, a significant challenge impeding market expansion is the volatility of crude oil prices, which can lead to abrupt reductions in exploration budgets and delay capital-intensive infrastructure projects.

Key Market Drivers

Rising global energy demand and hydrocarbon production function as a primary catalyst for the Global Oil and Gas Hose Assemblies Market. As consumption rates climb, upstream operators are compelled to maximize output from existing fields and accelerate new extraction projects, directly increasing the utilization of flexible conduits for fluid transfer, mud delivery, and chemical injection. This escalation in throughput necessitates robust hose systems capable of handling higher volumes and pressures without compromising safety standards. According to the International Energy Agency, December 2025, in the 'Oil Market Report', global oil demand was set to rise by 830,000 barrels per day in 2025, driven by an improving macroeconomic outlook. This continuous upward trajectory in hydrocarbon requirements ensures a sustained baseline of procurement orders for high-quality assemblies across the supply chain. Furthermore, supporting this intensified extraction activity, according to Baker Hughes, in 2025, the average global rotary rig count stood at approximately 1,782 active units in December, reflecting the substantial operational scale requiring constant hose maintenance and replacement.

The expansion of offshore and deepwater exploration activities further impels market development, driving the adoption of specialized, high-performance hose technologies. Deepwater operations expose equipment to corrosive seawater, extreme hydrostatic pressures, and dynamic wave motions, necessitating advanced umbilical and offloading hose assemblies engineered with reinforced thermoplastic or elastomeric materials. These harsh environments command premium pricing and frequent replacement cycles compared to onshore counterparts. The sector's financial commitment to these complex projects highlights the critical role of reliable flexible piping in preventing costly environmental incidents. According to Energy Digital Magazine, January 2025, in the 'Offshore Oil & Gas Procurement' article, the Brazilian state-controlled oil company Petrobras awarded contracts worth more than US$8 billion for new floating production, storage, and offloading (FPSO) units. Such substantial capital infusion into floating production systems and subsea infrastructure directly translates into lucrative opportunities for hose manufacturers supplying essential connection lines for subsea-to-surface transport.

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Key Market Challenges

The volatility of crude oil prices serves as a substantial impediment to the expansion of the Global Oil and Gas Hose Assemblies Market. When hydrocarbon prices fluctuate unpredictably, exploration and production companies often delay or cancel capital-intensive infrastructure projects to preserve liquidity. This hesitation directly reduces the procurement of essential drilling components, including the high-pressure hose assemblies required for new rig setups and maintenance operations. As operators prioritize short-term cash flow over long-term field development during periods of instability, the volume of orders for flexible conduits declines.

Market uncertainty inevitably forces upstream companies to revise their expenditure plans, leading to reduced equipment turnover. According to the 'Organization of the Petroleum Exporting Countries', in '2024', the 'value of the OPEC Reference Basket declined by 3.7% year-on-year to average USD 79.89 per barrel'. Such pricing instability discourages the sanctioning of new offshore and onshore developments. Consequently, manufacturers of hose assemblies face reduced demand from drilling contractors who postpone equipment replacement cycles and minimize inventory accumulation to mitigate financial risks associated with the fluctuating energy market.

Key Market Trends

The integration of IoT-enabled smart monitoring systems is fundamentally altering maintenance protocols for hose assemblies. Instead of relying on fixed replacement schedules, operators are deploying radio-frequency identification tags and acoustic sensors that provide real-time data on pressure, abrasion, and temperature, enabling a rapid shift to predictive maintenance. This technological advancement mitigates the risk of environmental leakage and unplanned shutdowns by allowing for the precise identification of component fatigue before failure occurs. According to DNV, March 2025, in the 'Industry Insights Survey', 61% of senior energy professionals reported that their organizations were prioritizing digitalization to improve asset reliability and safety performance, directly influencing the adoption of connected infrastructure components.

Simultaneously, the market is witnessing a distinct transition toward high-performance cryogenic hoses driven by the expanding global trade of Liquefied Natural Gas (LNG). Unlike traditional crude oil conduits, these specialized assemblies must utilize advanced composite materials to retain flexibility and seal integrity at temperatures as low as -163 degrees Celsius during critical transfer operations. This material evolution is essential to support the growing infrastructure for ship-to-ship and terminal offloading activities, which demand stricter safety margins than standard hydrocarbon transfer. According to the Energy Institute, June 2025, in the 'Statistical Review of World Energy', global inter-regional natural gas trade expanded by 2.4% year-on-year, underscoring the critical need for reliable cryogenic transfer solutions in the expanding supply chain.

Segmental Insights

The High Pressure segment is the fastest-growing category in the Global Oil and Gas Hose Assemblies Market, primarily driven by the expanding scope of deep-water drilling and hydraulic fracturing operations. These demanding upstream activities require robust hose assemblies capable of withstanding extreme internal forces to ensure operational safety and prevent environmental hazards. Furthermore, rigorous industry standards established by organizations such as the American Petroleum Institute compel operators to adopt these certified components to mitigate the risk of critical failure. This trend reflects a wider industry shift toward prioritized reliability and regulatory compliance in harsh exploration environments.

Regional Insights

North America maintains a dominant position in the global oil and gas hose assemblies market, driven largely by extensive hydraulic fracturing and drilling activities within the United States. The region demands high-quality hose assemblies to support complex onshore and offshore operations. Furthermore, market growth is sustained by stringent safety regulations that mandate the use of durable and compliant fluid transfer components. Agencies such as the Occupational Safety and Health Administration (OSHA) enforce rigorous standards for equipment integrity to prevent workplace hazards. These regulatory requirements ensure consistent demand for reliable hose assemblies, solidifying North America’s leadership in the global landscape.

Recent Developments

• In December 2025, Danfoss Power Solutions finalized the acquisition of Hydro Holding, an Italy-based manufacturer of hose fittings and assemblies. This strategic move was designed to bolster the company's Fluid Conveyance division by adding a complementary portfolio of carbon and stainless steel fittings, adapters, and deformed steel tubing. The collaboration enables the company to offer a more complete package of fluid power solutions to the global oil and gas, agricultural, and construction markets. The integration of the acquired manufacturing footprint in Europe is expected to enhance service levels and product availability for European and global customers.
• In September 2025, Continental announced the start of hydraulic hose production at its new manufacturing facility in Aguascalientes, Mexico. The plant, representing an investment of approximately $90 million, was established to increase regional manufacturing capacity and shorten lead times for customers in North America. The facility is designed to produce high-performance hydraulic hoses utilized in various demanding industries, including energy, mining, and construction. This expansion allows the company to better meet the growing demand for robust fluid conveyance systems and strengthens its supply chain resilience in the Americas.
• In October 2024, Fluiconnecto, a division of the Manuli Ryco Group, expanded its service capabilities in the oil and gas hose market by acquiring GB Hoses Limited. This acquisition was aimed at strengthening the company's presence in the United Kingdom, specifically enhancing its 24/7 on-site hydraulic hose replacement and service network. By integrating the acquired entity's assets and expertise, the company intended to provide more comprehensive maintenance and fluid conveyance solutions to its industrial and energy sector clients, ensuring minimized downtime for critical machinery and operations.
• In August 2024, Trelleborg highlighted the advanced capabilities of its KLELINE STS hose solution, designed specifically to enhance safety and efficiency during ship-to-ship crude oil and refined product transfers. The company emphasized that this dual-carcass hose design surpasses standard industry regulations by offering a safety factor of five, compared to the required factor of four. The solution incorporates a compact flange with a built-in bumper and a continuous inner liner, which helps prevent kinking and crushing during complex offshore transfer operations. This development addresses the sector's need for more robust fluid handling systems that can withstand high flow rates and pressure surges.

Key Market Players

• Alfa Gomma S.p.A.
• Abcon Industrial Products Ltd
• Continental AG
• Eaton Corporation Plc
• EMSTEC GmbH
• Gates Industrial Corporation plc
• Kuriyama Holdings Corporation
• Parker Hannifin Corporation
• LGG Industrial, Inc.
• Trelleborg AB

By Material	By Pressure Type	By Application	By Region
Rubber Polymers & Composites and Metal	Low Pressure Medium Pressure and High Pressure	Downstream Midstream and Upstream	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Oil and Gas Hose Assemblies Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Oil and Gas Hose Assemblies Market, By Material:

• Rubber
• Polymers & Composites and Metal

• Oil and Gas Hose Assemblies Market, By Pressure Type:

• Low Pressure
• Medium Pressure and High Pressure

• Oil and Gas Hose Assemblies Market, By Application:

• Downstream
• Midstream and Upstream

• Oil and Gas Hose Assemblies Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE