封面
市场调查报告书
商品编码
1620190

液压油市场:基础油,各终端用户,各地区,2024年~2031年

Hydraulic Fluid Market By Base Oil (Mineral Oil, Synthetic Oil, Bio-based Oil), By End-User (Construction, Metal And Mining, Oil And Gas, Agriculture), And Region for 2024-2031

出版日期: | 出版商: Verified Market Research | 英文 202 Pages | 商品交期: 2-3个工作天内

价格
简介目录

2024-2031 年液压油市场评估

由于建筑、航空和汽车行业需求的增加,液压油市场预计将迅速扩大。该行业也受到可生物降解和耐火液压油创新的推动,这些液压油必须满足严格的环境和安全标准。因此,预计2023年市场规模将超过207.5亿美元,2031年将达到259.3亿美元。

北美和欧洲凭藉先进的工业基础设施和技术创新在该行业占据主导地位。同时,亚太地区由于工业化和城市化正在迅速扩张。主要公司正在花费研发资金来提供环保且高效能的液压油。液压油需求的不断增长使得市场从 2024 年到 2031 年的复合年增长率为 2.2%。

液压油市场定义/概述

液压油是液压系统中用于传输动力、润滑部件并最大程度减少磨损的特定流体。液压油可确保从工业设备到汽车煞车和转向系统等机械的正常运作。

液压油在液压系统中用于传输动力、润滑部件和防止磨损。它还有助于密封、冷却和防止腐蚀,确保机械和设备的正常运作和使用寿命。

液压油的未来将专注于环保配方、更高的效率和更高的热稳定性。这些发展旨在支持永续实践并满足各行业对高性能液压系统日益增长的需求。

原油产量的增加会推动液压油市场的成长吗?

原油产量的增加并不会自动促进液压油市场的成长。相反,对液压油的需求主要是由其在建筑、汽车、製造和航空航天等各个行业的广泛使用所推动的。这些行业需要液压油来确保液压机械高效运作。

但是,原油业务发挥间接作用。液压油通常由含有从原油中精炼的矿物油的基础油生产。原油的可用性和价格的波动可以影响用于液压流体组合物的基础油的价格和可用性。

此外,不仅原油生产,工业成长和基础设施发展也是液压油产业的重要驱动力。随着经济成长和工业发展,对高效能液压系统和专用流体以维持设备性能和使用寿命的需求不断增加。

原物料价格波动是否会限制液压油市场?

从原油中获得的基础油等基础资源的价格波动可能会影响液压油市场。原料成本的快速上涨会增加液压油製造商的生产成本,导致最终客户的价格上涨。价格波动会影响产业的利润率和管理层的稳定性。

此外,原料价格波动可能促使製造商寻求替代基础油配方和来源,例如合成油和生物基油,以降低成本。然而,改用这些替代品可能会导致额外的研发和生产成本,这将影响我们产品在市场上的可用性和定价。

总体而言,虽然原材料价格波动是一个问题,但新的采购和配方方法正在帮助抵消影响并满足整个行业对高效液压油解决方案的持续需求,它可以提供市场弹性。

目录

第1章 液压油的全球市场:简介

  • 市场概要
  • 调查范围
  • 前提条件

第2章 摘要整理

第3章 VERIFIED MARKET RESEARCH的调查手法

  • 资料探勘
  • 检验
  • 主要采访
  • 资料来源一览

第4章 液压油的全球市场展望

  • 概要
  • 市场动态
    • 促进因素
    • 阻碍因素
    • 机会
  • 波特的五力分析
  • 价值链分析

第5章 液压油的全球市场,基础油

  • 概要
  • 矿物油
  • 合成油
  • 生物为基础油

第6章 液压油的全球市场:各终端用户

  • 概要
  • 建设
  • 金属·矿业
  • 石油、天然气
  • 农业
  • 汽车
  • 航太·防卫

第7章 液压油的全球市场:各地区

  • 概要
  • 北美
    • 美国
    • 加拿大
    • 墨西哥
  • 欧洲
    • 德国
    • 英国
    • 法国
    • 其他欧洲
  • 亚太地区
    • 中国
    • 日本
    • 印度
    • 其他亚太地区
  • 全球其他地区
    • 南美
    • 中东·非洲

第8章 液压油的全球市场:竞争情形

  • 概要
  • 各公司的市场排行榜
  • 主要的开发策略

第9章 企业简介

  • Shell plc
  • Exxon Mobil Corporation
  • Chevron Corporation
  • BP p.l.c.
  • TotalEnergies
  • PetroChina Company Limited
  • China Petrochemical Corporation(SINOPEC)
  • FUCHS
  • Valvoline
  • NYCO

第10章 主要发展

  • 产品上市/开发
  • 合併和收购
  • 事业扩大
  • 伙伴关係和合作

第11章 附录

  • 相关调查
简介目录
Product Code: 9990

Hydraulic Fluid Market Valuation - 2024-2031

The Hydraulic Fluid Market is expected to expand rapidly due to increase in demand from the construction, aviation and automotive industries. This industry is also driven by innovations in biodegradable and fire-resistant fluids, which must meet demanding environmental and safety standards. This is likely to enable the market size surpass USD 20.75 Billion valued in 2023 to reach a valuation of aroundUSD 25.93 Billion by 2031.

North America and Europe dominate the industry thanks to their advanced industrial infrastructure and technological breakthroughs. Meanwhile, Asia-Pacific is witnessing fast expansion due to industrialization and urbanization. Key firms are spending in R&D to provide environmentally friendly, high-performance hydraulic fluids. The rising demand for Hydraulic Fluid is enabling the market grow at aCAGR of 2.2% from 2024 to 2031.

Hydraulic Fluid Market: Definition/ Overview

Hydraulic fluid is a particular liquid used in hydraulic systems to transfer power, lubricate components and minimize wear. It ensures the proper operation of machinery, ranging from industrial equipment to vehicle brakes and steering systems.

Hydraulic fluid is used in hydraulic systems to transfer power, lubricate components and prevent wear. It also aids in sealing, cooling and corrosion protection, assuring the proper operation and longevity of machinery and equipment.

The future of hydraulic fluid will emphasize environmentally friendly formulas, greater effectiveness and improved thermal stability. These developments are intended to support sustainable practices and address the growing need for high-performance hydraulic systems across a variety of industries.

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Will Increasing Generation of Crude Oil is the Principal Boost the Hydraulic Fluid Market Growth?

Increasing crude oil production does not automatically promote Hydraulic Fluid Market growth. Instead, demand for hydraulic fluids is mostly driven by their widespread application in a variety of industries, including construction, automotive, manufacturing and aerospace. Hydraulic fluids are required in these industries to ensure that hydraulic machinery operates efficiently.

However, the crude oil business plays an indirect role. Hydraulic fluids are frequently generated from base oils, which may include mineral oils refined from crude oil. Changes in crude oil availability and pricing might affect the price and availability of base oils used in hydraulic fluid compositions.

Furthermore, industrial growth and infrastructural development, rather than crude oil production alone are significant drivers of the hydraulic fluid industry. As economies grow and industries evolve, the demand for efficient hydraulic systems and specialized fluids to maintain equipment performance and longevity continues to grow.

Will Fluctuating Prices of Raw Resources Restrict the Hydraulic Fluid Market?

Price fluctuations in basic resources, such as base oils obtained from crude oil, can have an impact on the Hydraulic Fluid Market. Sudden rises in raw material costs can raise hydraulic fluid manufacturers' manufacturing costs, potentially leading to higher prices for end customers. Price fluctuation can have an impact on industry profit margins and operational stability.

Furthermore, price variations in raw materials may encourage manufacturers to look for alternate base oil formulations or sources, such as synthetic and bio-based possibilities, in order to reduce costs. However, switching to these alternatives may incur additional research, development and production expenses, thereby influencing product availability and pricing in the market.

Overall, while raw material price variations pose issues, new approaches to sourcing and formulation can assist offset their impact and provide market resilience in meeting the ongoing demand for efficient hydraulic fluid solutions across industries.

Category-Wise Acumens

Will Cost-Effectiveness and Widespread Availability Drive the Base Oil Segment?

Mineral oil's dominance in the base oil market is mostly due to its low cost and broad availability. Mineral oils are derived from crude oil refining operations, making them abundant and less expensive than synthetic and bio-based alternatives. This low cost makes mineral oils appealing to businesses that demand significant amounts of hydraulic fluids, such as automotive, construction and manufacturing.

Furthermore, the developed infrastructure for refining and distributing mineral oils helps to ensure their global availability. This assures constant supply chains and predictable pricing, which are critical aspects in businesses that rely on hydraulic systems for operational efficiency.

However, as environmental rules tighten and demand for sustainable solutions develops, there is growing interest and investment in synthetic and bio-based oils, which provide performance advantages and reduced environmental impact despite their higher costs.

Will Heavy Reliance on Hydraulic Systems Drive the End-User Segment?

Strong reliance on hydraulic systems drives the end-user segment for hydraulic fluids. Hydraulic systems are widely used in the construction, mining, agriculture, automotive, aerospace and defense industries to power and control heavy gear and equipment. Hydraulic fluids provide lubrication, heat transmission and corrosion prevention, all of which contribute to the smooth operation, efficiency and lifespan of these systems.

The demand for hydraulic fluids is directly proportionate to the deployment of hydraulic systems in these industries, which rely on accurate and dependable hydraulic power for lifting, excavating, steering, braking and flight control. As businesses continue to innovate and expand their use of hydraulic technology to boost productivity and operational capabilities, the demand for specialized hydraulic fluids that fulfil stringent performance requirements and environmental regulations will continue to grow, driving the end-user segment in the Hydraulic Fluid Market.

Country/Region-wise Acumens

Will Increasing Extensive Industrial Activities and Construction Projects Drive the Market in Asia-Pacific?

The Hydraulic Fluid Market in Asia-Pacific is being driven by increase in industrial activity and construction projects. This region is rapidly urbanizing and industrializing, resulting in increasing infrastructural development and manufacturing activity. Countries such as China and India are heavily investing in construction projects, including residential, commercial, and infrastructural developments, which is driving up demand for hydraulic systems and, as a result, hydraulic fluids.

Furthermore, the expansion of the automotive and manufacturing sectors in the Asia-Pacific region adds to an increase in the use of hydraulic machinery, which necessitates efficient and high-performance hydraulic fluids. The growing emphasis on energy-efficient and environmentally friendly hydraulic fluids promotes market expansion as enterprises seek long-term solutions to meet environmental laws and improve operational efficiency. This mix of variables positions the Asia Pacific region.

Will Increasing Demand in Automotive and Aerospace Industries Drive the Market in North America?

Rising demand in the automotive and aerospace industries is a major driver of the Hydraulic Fluid Market in North America. The region has a thriving automotive industry, where hydraulic fluids are essential for power steering, brake systems and transmissions in cars. As automotive manufacturers strive to create more efficient and long-lasting hydraulic systems, the demand for specialist hydraulic fluids grows.

Similarly, the aerospace sector uses hydraulic fluids in a variety of applications, including landing gear systems, flight control actuators and hydraulic power units. With North America serving as a major hub for aircraft manufacturing and innovation, the demand for innovative hydraulic fluids that provide high performance, dependability and compliance with demanding safety criteria is growing.

These considerations, together with increasing technical advances and regulatory developments favoring eco-friendly formulations, are driving the Hydraulic Fluid Market in North America.

Competitive Landscape

The Hydraulic Fluid Market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.

Some of the prominent players operating in the Hydraulic Fluid Market include:

Shell plc, Exxon Mobil Corporation, Chevron Corporation, BP p.l.c., TotalEnergies, PetroChina Company Limited, China Petrochemical Corporation (SINOPEC), FUCHS, Valvoline, NYCO, Idemitsu Kosan Co., Ltd., Dow, Eastman Chemical Company, LUKOIL.

Latest Developments

In May 2022, Abu Dhabi's ADNOC and Masdar will join British Petroleum's UK hydrogen programs.

In May 2022, Chevron, Talos, and Carbonvert announced the completion of the joint venture extension of the Bayou Bend CCS project offshore Jefferson County, Texas.

In April 2022, Maip Group introduced new sustainable polymers for the European car industry, utilizing Eastman's molecular recycling capabilities.

In May 2022, ExxonMobil and Indonesia's Pertamina will expand their carbon capture and storage partnership.

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL HYDRAULIC FLUID MARKET

  • 1.1 Overview of the Market
  • 1.2 Scope of Report
  • 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

  • 3.1 Data Mining
  • 3.2 Validation
  • 3.3 Primary Interviews
  • 3.4 List of Data Sources

4 GLOBAL HYDRAULIC FLUID MARKET OUTLOOK

  • 4.1 Overview
  • 4.2 Market Dynamics
    • 4.2.1 Drivers
    • 4.2.2 Restraints
    • 4.2.3 Opportunities
  • 4.3 Porters Five Force Model
  • 4.4 Value Chain Analysis

5 GLOBAL HYDRAULIC FLUID MARKET, BY BASE OIL

  • 5.1 Overview
  • 5.2 Mineral Oil
  • 5.3 Synthetic Oil
  • 5.4 Bio-based Oil

6 GLOBAL HYDRAULIC FLUID MARKET, BY END-USER

  • 6.1 Overview
  • 6.2 Construction
  • 6.3 Metal & Mining
  • 6.4 Oil & Gas
  • 6.5 Agriculture
  • 6.6 Automotive
  • 6.7 Aerospace & Defense

7 GLOBAL HYDRAULIC FLUID MARKET, BY GEOGRAPHY

  • 7.1 Overview
  • 7.2 North America
    • 7.2.1 U.S.
    • 7.2.2 Canada
    • 7.2.3 Mexico
  • 7.3 Europe
    • 7.3.1 Germany
    • 7.3.2 U.K.
    • 7.3.3 France
    • 7.3.4 Rest of Europe
  • 7.4 Asia Pacific
    • 7.4.1 China
    • 7.4.2 Japan
    • 7.4.3 India
    • 7.4.4 Rest of Asia Pacific
  • 7.5 Rest of the World
    • 7.5.1 Latin America
    • 7.5.2 Middle East and Africa

8 GLOBAL HYDRAULIC FLUID MARKET COMPETITIVE LANDSCAPE

  • 8.1 Overview
  • 8.2 Company Market Ranking
  • 8.3 Key Development Strategies

9 COMPANY PROFILES

  • 9.1 Shell plc
    • 9.1.1 Overview
    • 9.1.2 Financial Performance
    • 9.1.3 Product Outlook
    • 9.1.4 Key Developments
  • 9.2 Exxon Mobil Corporation
    • 9.2.1 Overview
    • 9.2.2 Financial Performance
    • 9.2.3 Product Outlook
    • 9.2.4 Key Developments
  • 9.3 Chevron Corporation
    • 9.3.1 Overview
    • 9.3.2 Financial Performance
    • 9.3.3 Product Outlook
    • 9.3.4 Key Developments
  • 9.4 BP p.l.c.
    • 9.4.1 Overview
    • 9.4.2 Financial Performance
    • 9.4.3 Product Outlook
    • 9.4.4 Key Developments
  • 9.5 TotalEnergies
    • 9.5.1 Overview
    • 9.5.2 Financial Performance
    • 9.5.3 Product Outlook
    • 9.5.4 Key Developments
  • 9.6 PetroChina Company Limited
    • 9.6.1 Overview
    • 9.6.2 Financial Performance
    • 9.6.3 Product Outlook
    • 9.6.4 Key Developments
  • 9.7 China Petrochemical Corporation (SINOPEC)
    • 9.7.1 Overview
    • 9.7.2 Financial Performance
    • 9.7.3 Product Outlook
    • 9.7.4 Key Developments
  • 9.8 FUCHS
    • 9.8.1 Overview
    • 9.8.2 Financial Performance
    • 9.8.3 Product Outlook
    • 9.8.4 Key Developments
  • 9.9 Valvoline
    • 9.9.1 Overview
    • 9.9.2 Financial Performance
    • 9.9.3 Product Outlook
    • 9.9.4 Key Developments
  • 9.10 NYCO
    • 9.10.1 Overview
    • 9.10.2 Financial Performance
    • 9.10.3 Product Outlook
    • 9.10.4 Key Developments

10 KEY DEVELOPMENTS

  • 10.1 Product Launches/Developments
  • 10.2 Mergers and Acquisitions
  • 10.3 Business Expansions
  • 10.4 Partnerships and Collaborations

11 Appendix

  • 11.1 Related Research