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NAICS 326220 Quarterly Industry Report

Rubber and Plastics Hoses and Belting Manufacturing

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 326220Sector: 32Updated: Q1 2026

About This Report

This Fair Market Value industry report for NAICS 326220 delivers business owners, acquirers, and financial advisors data-driven valuation insights for the rubber and plastics hose and belting sector, drawing on data from the U.S. Census Bureau[5] and the Bureau of Labor Statistics[6]. The report aggregates transaction multiples, financial benchmarks, and market trends specific to NAICS 326220 establishments, supporting buy-sell agreements, succession planning, SBA-financed acquisitions, and litigation support engagements.

Industry Snapshot

Key metrics for the rubber and plastics hoses and belting manufacturing industry.

Establishments
477
2024 annual average[1]
5-Year Growth
-6.1%
Establishment count, 2017–2022[2]
Avg. SBA Loan
$1M
7(a) program, FY 2025[4]
Industry Revenue
$7M
2022 Economic Census[2]
Share of Sector
0.3%
By establishment count, 2022 Census[2]
NAICS Sector
32

Industry Definition & Overview

Rubber and Plastics Hoses and Belting Manufacturing (NAICS 326220) encompasses establishments primarily engaged in manufacturing rubber hose, reinforced plastics hose, and belting from natural and synthetic rubber or plastics resins. Products include hydraulic hoses, automotive radiator and heater hoses, industrial suction and discharge hoses, fire hoses, garden hoses, conveyor belts, power transmission belts, and timing belts. According to the U.S. Census Bureau[5], roughly 190 establishments operate in this classification, employing over 18,500 workers producing hose and belting products for automotive, industrial, mining, agricultural, and construction markets. Manufacturing processes include rubber compounding and mixing, mandrel-built hose construction with braided or spiral-wound reinforcement layers, continuous vulcanization in steam or hot air autoclaves, flat belt calendering and multi-ply lamination, V-belt and timing belt molding, and finished hose assembly with crimped or swaged end fittings. The Bureau of Labor Statistics[6] identifies production roles including rubber compound mixer operators, mandrel builders assembling hose layers, autoclave operators managing vulcanization parameters, belt calendar operators, and quality inspectors performing burst pressure, impulse, and dimensional testing. Per the SBA Office of Advocacy[7], hose and belting producers serve equipment OEMs through specification-driven supply contracts and aftermarket distributors through catalog-based product lines. Automotive hose demand tracks vehicle production volumes, while industrial hose and conveyor belt demand follows mining, oil and gas, and manufacturing activity levels. Specialty hose applications in pharmaceutical, food processing, and chemical handling command premium pricing through material certification requirements.

What's Included in This Industry

  • Valuation multiples benchmarked to hose and belting manufacturing operations
  • Revenue and EBITDA trends for domestic hose and belt production
  • SBA lending data and financing terms for NAICS 326220 businesses
  • Comparable transaction data from recent hose and belting company acquisitions
  • Industry risk factors including rubber pricing, OEM sourcing shifts, and import competition
  • Workforce composition and labor cost benchmarks for hose and belt production
  • Regional market analysis covering major manufacturing locations
  • Capital expenditure benchmarks for mandrel building, vulcanization, and calendering equipment
  • End-market analysis across automotive, industrial, mining, and agricultural segments
  • Owner compensation and discretionary earnings benchmarks

NAICS Classification Hierarchy

NAICS classification hierarchy for 326220
LevelDescriptionCode
SubsectorPlastics and Rubber Products Manufacturing326
Industry GroupRubber Product Manufacturing3262
NAICS IndustryRubber and Plastics Hoses and Belting Manufacturing32622
National IndustryRubber and Plastics Hoses and Belting Manufacturing326220

Related NAICS Codes

Related NAICS codes and their relationships
CodeDescriptionRelationship
326291Rubber Product Manufacturing for Mechanical UseRubber product manufacturers for mechanical use producing molded and extruded rubber gaskets, seals, and vibration mounts sharing rubber compounding technology with hose producers
326299All Other Rubber Product ManufacturingAll other rubber product manufacturers producing miscellaneous rubber items including rubber tubing classified separately from reinforced hose and belting products
326121Unlaminated Plastics Profile Shape ManufacturingUnlaminated plastics profile shape manufacturers producing plastics tubing classified separately from the reinforced plastics hose products in this classification
332912Fluid Power Valve and Hose Fitting ManufacturingFluid power valve and hose fitting manufacturers producing hose end fittings, couplings, and assemblies that connect to hoses manufactured in this classification
326211Tire Manufacturing (except Retreading)Tire manufacturers sharing rubber compounding, calendering, and vulcanization technology and competing for the same rubber chemistry and process engineering workforce
333120Construction Machinery ManufacturingConstruction machinery manufacturers consuming hydraulic hoses, conveyor belts, and power transmission belts as production components in excavators and material handling equipment

Geographic Concentration

Top states by share of national establishments.

Top 10 states by establishment share for Rubber and Plastics Hoses and Belting Manufacturing
#State% Est.Total Est.
1Texas
7.3%
18
2Ohio
6.9%
17
3California
6.1%
15
4North Carolina
5.7%
14
5Michigan
5.3%
13
6New Jersey
5.3%
13
7Illinois
4.5%
11
8Alabama
4.5%
11
9Georgia
4.1%
10
10Pennsylvania
4.1%
10
Source: County Business Patterns, U.S. Census Bureau[3]

SBA Lending Summary

40
Total SBA Loans
$45.4M
Total Loan Volume
$1.1M
Average Loan Size
9 yrs
Average Loan Term
8.70%
Average Interest Rate
576
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: Rubber and plastics hose manufacturers qualify as small businesses under the SBA size standards[8] for NAICS 326220, which set the threshold at 800 employees. The SBA 7(a) loan program[9] supports acquisitions of existing hose and belting operations and working capital for rubber compound inventory, while the CDC/504 loan program[10] provides long-term fixed-rate financing for mandrel building equipment, autoclaves, calendering lines, and plant expansions. Lenders assess OEM contract stability, aftermarket distribution breadth, and product mix diversification when underwriting hose and belting manufacturing loans.

Top SBA Lenders

Top SBA lenders by volume for this industry
#LenderLoansVolumeAvg Loan
1U.S. Century Bank8$24.0M$3.0M
2Tompkins Community Bank16$12.4M$775K
3Rockland Trust Company16$9.0M$560K
View Full SBA Lending Details for NAICS 326220Includes top lenders, geographic distribution, annual trends, and loan-level analysis

Frequently Asked Questions

Common questions about this industry.

What types of businesses are classified under NAICS 326220?
NAICS 326220 covers manufacturers producing rubber hose, reinforced plastics hose, and belting products. This includes hydraulic hoses, automotive coolant hoses, industrial suction and discharge hoses, fire hoses, garden hoses, conveyor belts, power transmission V-belts, and timing belts. Per the U.S. Census Bureau[11], the classification excludes rubber tubing (326299) and unreinforced plastics tubing (326121).
How is the rubber hose and belting industry structured?
The industry divides between large multinational producers with broad product catalogs serving automotive OEMs and major industrial accounts, and smaller specialty manufacturers focused on specific hose or belting niches. Large producers compete through global scale, specification engineering, and OEM qualification. Specialty producers differentiate through application expertise, rapid prototyping, and the ability to produce custom compound formulations for demanding environments.
What is the SBA size standard for NAICS 326220?
The SBA classifies a rubber and plastics hose manufacturer as a small business if it employs fewer than 800 workers, measured as the 24-month average of full-time and part-time employees. Per the SBA size standards table[8], this threshold applies for SBA loan eligibility and federal contracting small business set-asides.
What NAICS codes are most closely related to 326220?
Code 326291 covers mechanical rubber products sharing compounding technology. Code 326299 addresses other rubber products including tubing. Larger 332912 covers fluid power fittings that connect to hoses. Code 326121 addresses plastics tubing without reinforcement. Per the Census Bureau[11], the reinforced hose and belting focus distinguishes 326220 from unreinforced tubing and other rubber products.
What industries interact most with hose and belting manufacturers?
Automotive OEMs consume radiator, heater, and fuel hoses. Mining and construction equipment makers require heavy-duty hydraulic hoses and conveyor belts. Industrial distributors sell aftermarket replacement hose and belting. According to the Bureau of Labor Statistics[6], automotive production schedules and industrial capital spending directly drive OE hose and belting demand.
What specific activities fall under NAICS 326220?
Covered activities include rubber compounding for hose and belt applications, mandrel-built hose construction with braided or spiral reinforcement, continuous and batch vulcanization in autoclaves, flat and V-belt calendering and multi-ply lamination, timing belt molding, hose assembly with crimped end fittings, and garden hose manufacturing from purchased base hose.
Are hose and belting manufacturers eligible for SBA loans?
Yes, manufacturers with fewer than 800 employees qualify for SBA financing. The SBA 7(a) program[9] covers business acquisitions and working capital, while the CDC/504 program[10] finances mandrel building equipment, autoclaves, calendering lines, and testing equipment with long-term fixed-rate terms.
Where are rubber hose and belting operations concentrated in the U.S.?
Production clusters in the Midwest and Southeast near automotive OEM assembly plants and industrial manufacturing centers. Ohio retains historic concentrations from the rubber industry heritage. Texas and the Gulf Coast serve petroleum and chemical industry hose demand. Per the Census Bureau[12], states with strong automotive and industrial manufacturing bases support the most hose and belting production facilities.

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
  2. [2]U.S. Census Bureau, Economic Census census.gov
  3. [3]U.S. Census Bureau, County Business Patterns census.gov
  4. [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
  5. [5]U.S. Census Bureau census.gov
  6. [6]Bureau of Labor Statistics bls.gov
  7. [7]SBA Office of Advocacy advocacy.sba.gov
  8. [8]SBA size standards sba.gov
  9. [9]SBA 7(a) loan program sba.gov
  10. [10]CDC/504 loan program sba.gov
  11. [11]U.S. Census Bureau census.gov
  12. [12]Census Bureau data.census.gov

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