Hydraulic oil pipe industry trends from 2023 to 2025

1、 Market size and growth
Global market: The global market size of hydraulic hoses (including hydraulic oil pipes) will reach 7.475 billion yuan in 2023, and is expected to increase to 11.004 billion yuan in 2029, with a compound annual growth rate (CAGR) of 6.58%.
In the segmented field, the demand for high-pressure hydraulic hoses has grown significantly, and the global hydraulic rubber hose market size is expected to exceed 1.3 billion US dollars (CAGR 5.3%) by 2028.
Chinese market: In 2023, the market size of hydraulic oil pipes in China reached 5.267 billion yuan, a year-on-year increase of 3.15%. Among them, hydraulic hoses contributed 2.562 billion yuan, accounting for nearly 50%.
Benefiting from downstream demand such as construction machinery and new energy vehicles, it is expected that the market size of hydraulic oil pipes in China will maintain a stable growth rate of 5% -6% by 2025.

2、 Technological progress and industrial upgrading
Material and process innovation: High performance hydraulic hoses adopt nylon reinforcement layer+fluororubber inner layer technology, with a temperature resistance range extended to -50 ℃~150 ℃, suitable for the high-pressure system requirements of new energy vehicles.
The combination of digital hydraulic technology (such as electric thrust vectoring control) and the Internet of Things improves system efficiency and control accuracy, promoting the industry's transformation towards intelligence.
Green manufacturing trend: The application of bio based rubber and recycled materials is accelerating, and leading enterprises are reducing carbon emissions through process optimization. It is expected that the proportion of green materials will exceed 30% by 2030.

3、 Policy and Competitive Landscape
Policy support: China's "Henan Province Major Technical Equipment Tackle Plan (2023-2025)" clearly proposes the development of high-end hydraulic components and sealing devices, and promotes the localization of ultra-high pressure pipe fittings.
Industry standards are becoming stricter, and low-end production capacity is accelerating its clearance. By 2025, the market penetration rate of compliant high-pressure hydraulic hoses may exceed 85%.
Enterprise competition: The industry presents polarization: the low-end market is highly homogenized and competitive, while the high-end market is dominated by technology leading enterprises (such as domestic manufacturers with high-density weaving technology).
In 2024, local enterprises will enter the supply chains of leading car companies such as Tesla and BYD through technological breakthroughs, and the localization rate will increase to over 60%.

4、 Downstream demand driven
Engineering machinery: The mining and infrastructure sectors have a strong demand for high-pressure resistant and long-life hydraulic oil pipes, driving an increase in the proportion of high-end products.
New energy vehicles: With the trend of electrification, the demand for lightweight hydraulic systems has surged, driving the expansion of the market for corrosion-resistant and high-temperature rubber hoses.
Aerospace and Military Industry: Extreme environmental application scenarios drive the development of special hydraulic hoses, becoming a new growth track for the industry.