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Fluid Transfer System Market Forecast Report | Global Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2028

Unknown     08/05/2022 08:16:20    15    Share


The latest research report by Emergen Research, named ‘Global Fluid Transfer System Market - Forecast to 2028’, entails a comprehensive review of the global Fluid Transfer System market’s present and future trends. The global fluid transfer system market size is expected to reach USD 28.48 Billion at a steady CAGR of 6.2% in 2028, according to latest analysis by Emergen Research. Factors driving revenue growth of the fluid transfer system market are increasing demand for premium vehicles, implementation of more stringent fuel emission and tailpipe exhaust regulations, and stringent norms regarding CO2.

Rubber hoses are commonly used for fluid transfer and are designed for specific fluid, pressure, and temperature ranges and are available in a variety of specifications. Rubber hoses have capability of resisting erosive wear better than steel pipes in certain applications.

To get a sample copy of the Global Fluid Transfer System Market report, visit @ https://www.emergenresearch.com/request-sample/572

  • The report closely studies the growth trajectory of the global Fluid Transfer System market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
  • The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
  • Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
  • Key players in the market include Contitech, Cooper Standard, Lander Automotive, Akwel, Gates Corporation, Hutchinson, Tristone, TI Fluid Systems, Castello Italio, and Kongsberg Automotive.

Selective Catalytic Reduction (SCR) is a cost-effective fuel-efficient technology used to reduce emissions from diesel engines. All heavy-duty diesel truck engines manufactured after 1 January 2020 are required to meet the Environmental Protection Agency (EPA) emission standard. The standard is very stringent, and aimed at reducing nitrogen oxide (NOx) and particulate matter (PM) to near-zero levels. SCR can reduce nitrogen oxide emissions up to 90% while reducing hydrocarbon (HC) and carbon monoxide emissions by 50–90% and particulate matter (PM) emissions by 30–50%.

To know more about the Global Fluid Transfer System Market report, visit @ https://www.emergenresearch.com/industry-report/fluid-transfer-system-market

In May 2020, Puck Enterprises, which is a producer of liquid transfer equipment, announced completion of the acquisition of Coupling & Accessories Inc., which is a company producing hose connection and fittings in the US. The acquisition provides Puck Enterprises capability to develop more innovative solutions and offer an enhanced product line to its customers in the liquid transfer industry. Also, the acquisition offers Puck Enterprises and its subsidiary firm, BullDog Hose Company, improved control over their product offerings.

 Emergen Research has segmented the global fluid transfer system market on the basis of equipment type, type, application, material, and region:

Equipment Type Outlook (Revenue, USD Billion; 2018–2028)

  • AC lines
  • Air suspension lines
  • SCR lines
  • Brake lines
  • DPF lines
  • Fuel lines
  • Turbo coolant lines
  • Transmission oil cooling lines

Type Outlook (Revenue, USD Billion; 2018–2028)

  • Hoses
  • Tubing

Application Outlook (Revenue, USD Billion; 2018–2028)

  • Automotive
    1. Battery Electric Vehicle (BEV)
    2. Plug-in Hybrid Electric Vehicle (PHEV)
    3. Mild Hybrid Vehicles
  • Aerospace
  • Manufacturing
  • Others

Material Outlook (Revenue, USD Billion; 2018–2028)

  • Aluminum
  • Stainless Steel
  • Rubber
  • Nylon
  • Steel

Request a customized copy of report @ https://www.emergenresearch.com/request-for-customiz

   Tags: Fluid Transfer System Market Size, Fluid Transfer System Market Share, Fluid Transfer System Market Trend, Fluid Transfer System Market Growth

   IDs: 2915

   Titles: Fluid Transfer System Market Forecast Report | Global Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2028


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