サンプル依頼リスト カート
  • English
  • Korean
  • Traditional Chinese
  • Simplified Chinese
デフォルト表紙
市場調査レポート
商品コード
1520568

作動油市場レポート ：基油、POS、エンドユーザー、地域別、2024年～2032年

Hydraulic Fluids Market Report by Base Oil, Point of Sale (Original Equipment Manufacturer, Aftermarket), End User, and Region 2024-2032

出版日
発行
IMARC
ページ情報
英文 140 Pages
納期
2～3営業日
カスタマイズ可能
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=143.57円
作動油市場レポート ：基油、POS、エンドユーザー、地域別、2024年～2032年
出版日: 2024年07月01日
発行: IMARC
ページ情報: 英文 140 Pages
納期: 2～3営業日
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の作動油の市場規模は、2023年に99億米ドルに達しました。今後、IMARC Groupは、市場は2032年までに167億米ドルに達し、2024年から2032年の間に5.9%の成長率（CAGR）を示すと予測しています。環境問題への関心の高まりや厳しい規制、住宅や商業施設の建設増加、有害な排出物やカーボンフットプリントを最小限に抑えるための企業間での再生可能エネルギー源の利用増加などが、市場を推進している主な要因の一部です。

油圧作動油は、動力を伝達し機械を制御する油圧システムで使用される特殊な液体です。油圧機械の効率的な運転に不可欠であり、滑らかで正確な動きを保証すると同時に、潤滑と放熱を提供します。ポンプで発生した力を油圧シリンダーやモーターに伝える媒体として機能し、重荷重の制御された移動、部品の精密な位置決め、さまざまな機構の作動を可能にします。また、実質的に非圧縮性であるため、油圧システムの一方の端に加えられた力がもう一方の端にほぼ瞬時に伝達され、機器の精密で応答性の高い制御を実現します。

現在、ポンプで発生した力を油圧シリンダーやモーターに伝達する媒体として作動油の需要が増加しており、重荷重の制御された移動を可能にしていることが、市場の成長を後押ししています。このほか、燃料自動車に代わる持続可能な選択肢として、電気自動車（EV）やハイブリッド車の利用が増加していることも、市場の成長に寄与しています。さらに、主な市場参入企業は、熱安定性の向上、耐摩耗性の向上、潤滑特性の強化を実現する流体を継続的に開発しています。これとは別に、モノのインターネット（IoT）とデータ分析に後押しされた予知保全技術の採用が増加していることも、市場の成長を支えています。さらに、有害な排出物やカーボンフットプリントを最小限に抑えるために、企業の間で再生可能エネルギー源の利用が増加していることも、市場の成長を後押ししています。

作動油市場動向/促進要因：

環境問題の高まりと厳しい規制

環境問題への関心の高まりと厳しい規制は、現在作動油市場の成長にプラスの影響を与えています。これに加え、メーカーは生分解性で毒性の低い作動油処方を開発・推進する傾向が強まっています。この変化は、環境に対する意識の高まりと、産業活動による環境への影響を低減することを目的としたより厳しい規制を遵守する必要性に対応したものです。さらに、監督機関や環境機関による厳しい規制や基準の実施は、環境の持続可能性と安全性に関する特定の基準を満たす作動油の採用を促進しています。企業は、効果的な性能を発揮するだけでなく、これらの規制を遵守する作動油ソリューションを積極的に求めています。その結果、メーカー各社は、環境への有害物質の放出を最小化する作動油を調合するための調査事業に投資しています。

住宅および商業インフラの建設増加

現在、住宅や商業インフラの建設が増加しており、作動油の利用を促進しています。これに加えて、住宅や商業部門の建設プロジェクトは、油圧システムや機器に対する持続的な需要を生み出しています。これらのシステムは、重機、クレーン、エレベーターなど、さまざまな建設用途で重要な役割を果たしています。さらに、高い性能と操作信頼性を実現できる油圧作動油の必要性が、現在業界内の技術革新を推進しています。さらに、建設プロジェクトが高度化し、要求が厳しくなるにつれて、より高い圧力、温度、操作上のストレスに耐える油圧作動油が重視されるようになっています。

産業オートメーション化の動向

産業オートメーション化の動向は、作動油市場の成長に寄与しています。これに加えて、製造業や産業プロセスにおける産業オートメーション技術の採用が増加しているため、油圧システムの使用が必要となっています。これらのシステムは、自動化されたさまざまな機械や装置の正確な制御と効率的な操作に不可欠です。自動化の動向が続く中、これらのシステム内で潤滑、冷却、動力伝達を行う油圧作動油の需要は絶えず増加しています。さらに、自動化プロセスで要求される複雑さと精密さが、作動油メーカーに高度な配合の開発を促しています。さらに、自動化システムにおけるエネルギー効率の追求は、エネルギー損失を最小限に抑えることのできる作動油の使用を促進しています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査の目的
  • ステークホルダー
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要業界動向

第5章 世界の作動油市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳：基油別

  • 合成油
    • 市場動向
    • 市場予測
  • 鉱油
    • 市場動向
    • 市場予測
  • バイオベースオイル
    • 市場動向
    • 市場予測

第7章 市場内訳：POS別

  • オリジナル機器製造会社（OEM）
    • 市場動向
    • 市場予測
  • アフターマーケット
    • 市場動向
    • 市場予測

第8章 市場内訳：エンドユーザー別

  • 石油・ガス
    • 市場動向
    • 市場予測
  • 船舶
    • 市場動向
    • 市場予測
  • 自動車
    • 市場動向
    • 市場予測
  • 航空宇宙および防衛
    • 市場動向
    • 市場予測
  • 建設
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第9章 市場内訳：地域別

  • 北米
    • 米国
    • カナダ
  • アジア太平洋地域
    • 中国
    • 日本
    • インド
    • 韓国
    • オーストラリア
    • インドネシア
    • その他
  • 欧州
    • ドイツ
    • フランス
    • 英国
    • イタリア
    • スペイン
    • ロシア
    • その他
  • ラテンアメリカ
    • ブラジル
    • メキシコ
    • その他
  • 中東・アフリカ
    • 市場動向
    • 市場内訳：国別
    • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • BASF SE
    • bp p.l.c.
    • Chevron Corporation
    • China National Petroleum Corporation
    • China Petroleum & Chemical Corporation
    • Croda International Plc
    • Dow Inc.
    • Eastman Chemical Company
    • Exxon Mobil Corporation
    • Fuchs Petrolub SE
    • Idemitsu Kosan Co. Ltd.
    • Lukoil
    • Phillips 66 Company
    • Royal Dutch Shell plc
    • TotalEnergies SE
図表

List of Figures

  • Figure 1: Global: Hydraulic Fluids Market: Major Drivers and Challenges
  • Figure 2: Global: Hydraulic Fluids Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Hydraulic Fluids Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 4: Global: Hydraulic Fluids Market: Breakup by Base Oil (in %), 2023
  • Figure 5: Global: Hydraulic Fluids Market: Breakup by Point of Sale (in %), 2023
  • Figure 6: Global: Hydraulic Fluids Market: Breakup by End User (in %), 2023
  • Figure 7: Global: Hydraulic Fluids Market: Breakup by Region (in %), 2023
  • Figure 8: Global: Hydraulic Fluids (Synthetic Oil) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 9: Global: Hydraulic Fluids (Synthetic Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 10: Global: Hydraulic Fluids (Mineral Oil) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 11: Global: Hydraulic Fluids (Mineral Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 12: Global: Hydraulic Fluids (Bio-based Oil) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 13: Global: Hydraulic Fluids (Bio-based Oil) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 14: Global: Hydraulic Fluids (Original Equipment Manufacturer-OEM) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 15: Global: Hydraulic Fluids (Original Equipment Manufacturer-OEM) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 16: Global: Hydraulic Fluids (Aftermarket) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 17: Global: Hydraulic Fluids (Aftermarket) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 18: Global: Hydraulic Fluids (Oil and Gas) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 19: Global: Hydraulic Fluids (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 20: Global: Hydraulic Fluids (Marine) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 21: Global: Hydraulic Fluids (Marine) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 22: Global: Hydraulic Fluids (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 23: Global: Hydraulic Fluids (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 24: Global: Hydraulic Fluids (Aerospace and Defense) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 25: Global: Hydraulic Fluids (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 26: Global: Hydraulic Fluids (Construction) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 27: Global: Hydraulic Fluids (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 28: Global: Hydraulic Fluids (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 29: Global: Hydraulic Fluids (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 30: North America: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 31: North America: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 32: United States: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 33: United States: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 34: Canada: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 35: Canada: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 36: Asia-Pacific: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 37: Asia-Pacific: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 38: China: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 39: China: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 40: Japan: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 41: Japan: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 42: India: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 43: India: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 44: South Korea: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 45: South Korea: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 46: Australia: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 47: Australia: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 48: Indonesia: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 49: Indonesia: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 50: Others: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 51: Others: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 52: Europe: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 53: Europe: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 54: Germany: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 55: Germany: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 56: France: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 57: France: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 58: United Kingdom: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 59: United Kingdom: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 60: Italy: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 61: Italy: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 62: Spain: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 63: Spain: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 64: Russia: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 65: Russia: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 66: Others: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 67: Others: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 68: Latin America: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 69: Latin America: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 70: Brazil: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 71: Brazil: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 72: Mexico: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 73: Mexico: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 74: Others: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 75: Others: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 76: Middle East and Africa: Hydraulic Fluids Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 77: Middle East and Africa: Hydraulic Fluids Market: Breakup by Country (in %), 2023
  • Figure 78: Middle East and Africa: Hydraulic Fluids Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Global: Hydraulic Fluids Industry: SWOT Analysis
  • Figure 80: Global: Hydraulic Fluids Industry: Value Chain Analysis
  • Figure 81: Global: Hydraulic Fluids Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Hydraulic Fluids Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Hydraulic Fluids Market Forecast: Breakup by Base Oil (in Million US$), 2024-2032
  • Table 3: Global: Hydraulic Fluids Market Forecast: Breakup by Point of Sale (in Million US$), 2024-2032
  • Table 4: Global: Hydraulic Fluids Market Forecast: Breakup by End User (in Million US$), 2024-2032
  • Table 5: Global: Hydraulic Fluids Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 6: Global: Hydraulic Fluids Market: Competitive Structure
  • Table 7: Global: Hydraulic Fluids Market: Key Players
目次
Product Code: SR112024A5300

The global hydraulic fluids market size reached US$ 9.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 16.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032. The growing environmental concerns and stringent regulations, increasing construction of residential and commercial infrastructures, and rising utilization of renewable energy sources among businesses to minimize harmful emissions and carbon footprint are some of the major factors propelling the market.

Hydraulic fluids are specialized liquids used in hydraulic systems to transmit power and control machinery. They are essential for the efficient operation of hydraulic machinery, ensuring smooth and precise movement while also providing lubrication and heat dissipation. They act as a medium for transmitting force generated by a pump to a hydraulic cylinder or motor, allowing for the controlled movement of heavy loads, precision positioning of components, and the operation of various mechanisms. They are virtually incompressible, ensuring that the force applied at one end of a hydraulic system is transmitted almost instantaneously to the other end, resulting in precise and responsive control of equipment.

At present, the increasing demand for hydraulic fluids as they act as a medium for transmitting force generated by a pump to a hydraulic cylinder or motor, allowing for the controlled movement of heavy loads, is impelling the growth of the market. Besides this, the rising use of electric vehicles (EVs) and hybrid vehicles as sustainable alternatives to fuel-run cars is contributing to the growth of the market. In addition, key market players are continually developing fluids that offer improved thermal stability, better wear protection, and enhanced lubrication properties. Apart from this, the increasing adoption of predictive maintenance techniques, driven by the Internet of Things (IoT) and data analytics, is supporting the growth of the market. Additionally, the rising utilization of renewable energy sources among businesses to minimize harmful emissions and carbon footprint is bolstering the growth of the market.

Hydraulic Fluids Market Trends/Drivers:

Growing environmental concerns and stringent regulations

The growing environmental concerns and stringent regulations are currently exerting a positive influence on the growth of the hydraulic fluids market. Besides this, manufacturers are increasingly developing and promoting biodegradable and less toxic hydraulic fluid formulations. This shift is in response to heightened environmental awareness and the need to comply with stricter regulations aimed at decreasing the environmental impact of industrial operations. Moreover, the implementation of stringent regulations and standards by governing bodies and environmental agencies is driving the adoption of hydraulic fluids that meet specific criteria for environmental sustainability and safety. Companies are proactively seeking out hydraulic fluid solutions that not only perform effectively but also adhere to these regulations. As a result, manufacturers are investing in research operations to formulate hydraulic fluids that minimize the release of harmful substances into the environment.

Rising construction of residential and commercial infrastructure

At present, the rising construction of residential and commercial infrastructure is propelling the utilization of hydraulic fluids. Besides this, the construction projects in the residential and commercial sectors are creating a sustained demand for hydraulic systems and equipment. These systems play a critical role in various construction applications, including heavy machinery, cranes, and elevators, among others. In addition, the need for hydraulic fluids that can deliver high performance and operational reliability is currently driving innovation within the industry. Furthermore, as construction projects become more sophisticated and demanding, there is a growing emphasis on hydraulic fluids that can withstand higher pressures, temperatures, and operational stress.

Increasing trend toward industrial automation

The increasing trend toward industrial automation is contributing to the growth of the hydraulic fluids market. Besides this, the rising adoption of industrial automation technologies in manufacturing and industrial processes is necessitating the use of hydraulic systems. These systems are vital for the precise control and efficient operation of various automated machinery and equipment. As the trend toward automation continues, there is a constant and growing demand for hydraulic fluids to lubricate, cool, and transmit power within these systems. Moreover, the complexity and precision required in automated processes are pushing hydraulic fluid manufacturers to develop advanced formulations. Furthermore, the drive towards energy efficiency in automated systems is promoting the use of hydraulic fluids that can minimize energy losses.

Hydraulic Fluids Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on base oil, point of sale, and end user.

Breakup by Base Oil:

Synthetic Oil

Mineral Oil

Bio-based Oil

Mineral oil accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the base oil. This includes synthetic oil, mineral oil, and bio-based oil. According to the report, mineral oil represented the largest segment.

Mineral oil is a petroleum-based liquid that serves as a medium for transmitting power in hydraulic systems. It is a stable, high-viscosity fluid that is suitable for an extensive range of hydraulic applications. Mineral oil-based hydraulic fluids are extensively used in various types of hydraulic machinery, including industrial equipment, construction machinery, and agricultural machinery. They are employed to operate hydraulic cylinders, motors, and valves, providing the necessary force for lifting, pushing, and controlling movements. They are also used in automotive power steering systems and shock absorbers. They help facilitate smooth and responsive steering as well as absorb shocks and vibrations in vehicles.

Breakup by Point of Sale:

Original Equipment Manufacturer (OEM)

Aftermarket

A detailed breakup and analysis of the market based on the point of sale have also been provided in the report. This includes original equipment manufacturer (OEM) and aftermarket.

An original equipment manufacturer (OEM) of hydraulic fluids refers to a company that produces hydraulic fluids or hydraulic fluid systems specifically designed and manufactured for use in various types of machinery and equipment. They manufacture hydraulic fluids which are designed to resist degradation and maintain their properties over time. This can lead to reduced maintenance requirements and lower overall operating costs for the equipment.

The aftermarket encompasses all the businesses and activities related to the maintenance, upgrade, or customization of hydraulic fluids and equipment after they have been purchased by consumers or businesses. This includes the supply of hydraulic fluids, filters, seals, hoses, and other components necessary for the maintenance, repair, and operation of hydraulic systems.

Breakup by End User:

Oil and Gas

Marine

Automotive

Aerospace and Defense

Construction

Others

Oil and gas exhibit a clear dominance in the market

The report has provided a detailed breakup and analysis of the market based on the end user. This includes oil and gas, marine, automotive, aerospace and defense, construction, and others. According to the report, oil and gas accounted for the largest market share.

Hydraulic fluids play a crucial role in the oil and gas industry, where they are used in various applications to power and control machinery and equipment. They are integral to drilling rigs and equipment employed in oil and gas exploration and extraction. They power the various components of drilling rigs, including the draw works, mud pumps, and top drive systems, allowing for precise control and efficient drilling operations. Offshore drilling and production platforms rely on hydraulic systems to operate various machinery and equipment, including cranes, winches, and tensioning systems. Hydraulic fluids are also used to power these systems, ensuring safe and efficient offshore operations.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Asia Pacific leads the market, accounting for the largest hydraulic fluids market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.

Asia Pacific held the biggest market share due to the rising investments in the construction of residential and commercial infrastructure. Besides this, the increasing adoption of hydraulic equipment in various manufacturing processes, including metalworking, plastic molding, and material handling, is contributing to the growth of the market. Moreover, the rising mechanization of agricultural practices is contributing to the market growth. Additionally, the increasing employment of hydraulic systems in mining and energy exploration activities is supporting the market growth in the region.

North America is estimated to expand further in this domain due to the increasing energy demands in industrial and commercial sectors. Moreover, the rising purchase of passenger cars to commute comfortably is bolstering the growth of the market.

Competitive Landscape:

Key market players are investing in research operations to create innovative items that offer better performance, longer service life, and improved environmental sustainability by developing bio-based and synthetic hydraulic fluids with superior properties. They are also focusing on developing hydraulic fluids that are more environmentally friendly and compliant with environmental regulations. Top companies are exploring new geographic markets and expanding their global reach to tap into emerging economies and regions with growing industrial sectors. They are also offering customized solutions to cater to the specific needs of different industries and applications. Leading companies are optimizing their supply chains to ensure a consistent and reliable supply of hydraulic fluids by streamlining logistics, adopting just-in-time inventory management, and ensuring a robust supplier network.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

BASF SE

bp p.l.c.

Chevron Corporation

China National Petroleum Corporation

China Petroleum & Chemical Corporation

Croda International Plc

Dow Inc.

Eastman Chemical Company

Exxon Mobil Corporation

Fuchs Petrolub SE

Idemitsu Kosan Co. Ltd.

Lukoil

Phillips 66 Company

Royal Dutch Shell plc

TotalEnergies SE

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Recent Developments:

In December 2020, BASF SE announced its plan to build an MRO station in Shanghai, China, to service Deoxo(TM) aircraft ozone and ozone/VOC converters, which will catalytically remove ozone and certain odorous volatile organic compounds (VOCs) to deliver quality cabin air compliant with government regulations.

In 2023, bp p.l.c. The EV Network (EVN) and NEC Group announced the launch of the largest public electric vehicle (EV) charging hub in the United Kingdom, which is on the NEC Campus in the West Midlands.

In 2023, Exxon Mobil Corporation announced the expansion of its chemical production with the initiation of two new chemical production units in Baytown, Texas.

Key Questions Answered in This Report

  • 1. How big is the global hydraulic fluids market?
  • 2. What is the expected growth rate of the global hydraulic fluids market during 2024-2032?
  • 3. What are the key factors driving the global hydraulic fluids market?
  • 4. What has been the impact of COVID-19 on the global hydraulic fluids market?
  • 5. What is the breakup of the global hydraulic fluids market based on the base oil?
  • 6. What is the breakup of the global hydraulic fluids market based on the end user?
  • 7. What are the key regions in the global hydraulic fluids market?
  • 8. Who are the key players/companies in the global hydraulic fluids market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Hydraulic Fluids Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Base Oil

  • 6.1 Synthetic Oil
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Mineral Oil
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Bio-based Oil
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Point of Sale

  • 7.1 Original Equipment Manufacturer (OEM)
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Aftermarket
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by End User

  • 8.1 Oil and Gas
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Marine
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Automotive
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Aerospace and Defense
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Construction
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Others
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 BASF SE
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 bp p.l.c.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 Chevron Corporation
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 China National Petroleum Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 SWOT Analysis
    • 14.3.5 China Petroleum & Chemical Corporation
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 Croda International Plc
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Dow Inc.
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
      • 14.3.7.4 SWOT Analysis
    • 14.3.8 Eastman Chemical Company
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Exxon Mobil Corporation
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 Fuchs Petrolub SE
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Idemitsu Kosan Co. Ltd.
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
      • 14.3.11.4 SWOT Analysis
    • 14.3.12 Lukoil
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis
    • 14.3.13 Phillips 66 Company
      • 14.3.13.1 Company Overview
      • 14.3.13.2 Product Portfolio
      • 14.3.13.3 Financials
      • 14.3.13.4 SWOT Analysis
    • 14.3.14 Royal Dutch Shell plc
      • 14.3.14.1 Company Overview
      • 14.3.14.2 Product Portfolio
      • 14.3.14.3 Financials
    • 14.3.15 TotalEnergies SE
      • 14.3.15.1 Company Overview
      • 14.3.15.2 Product Portfolio
      • 14.3.15.3 Financials
      • 14.3.15.4 SWOT Analysis