PUNE, India, November 29, 2016 /PRNewswire/ -- 2016 global fire hose market research says the use of the continuous vulcanization process to produce a single-piece long hose was first highlighted through the FOIRCEV project. Post this, an increasing number of vendors in the market, both in the EU and other regions, are focusing on deploying the continuous vulcanization process for production. Through this process, a complete hose is produced via the extrusion process and is then vulcanized. Complete report on fire hose market spread across 50 pages, analysing 4 major companies and providing 36 data exhibits now available at http://www.reportsnreports.com/reports/759378-global-fire-hose-market-2016-2020.html. These analysts forecast the global fire hose market to grow at a CAGR of 6.03% during the period 2016-2020. According to the fire hose market report, Product innovation is crucial as it ensures organizational competence and competitiveness in the market. Fire hoses are an important tool in fire safety, and reliability and durability are expected qualities in any product. In the case of forest fires or large-scale industrial accidents, firefighters often must extend the hose to a long distance over rough terrain. In terms of revenue, the Type 3 segment led the global fire hose market and is likely to continue its dominance over the next four years. The growth of this product segment is attributable to the fact that Type 3 hoses have an exterior elastomeric covering that ensures low absorption of liquids and high resistance to abrasion and heat. Moreover, Type 3 hoses are more durable and have negligible friction loss in comparison to the other type of hoses, leading to their increased adoption. The fire hose market is extremely competitive because of the presence of a large number of vendors. The availability R&D facilities and investments by the market leaders ensure that product innovation is always given top priority. The vendors compete on the basis of price, quality, branding, and customer service. Since there is little differentiation between the products offered in fire hose market, vendors are focusing on launching new technologies.