Hydraulic Fluids - Global Strategic Business Report

Global Hydraulic Fluids Market to Reach $11.1 Billion by 2030

The global market for Hydraulic Fluids estimated at US$8.4 Billion in the year 2022, is projected to reach a revised size of US$11.1 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030. Aftermarket, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$7.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the OEM segment is readjusted to a revised 4.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.2 Billion, While China is Forecast to Grow at 5.5% CAGR

The Hydraulic Fluids market in the U.S. is estimated at US$2.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.3 Billion by the year 2030 trailing a CAGR of 5.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.

Select Competitors (Total 53 Featured) -

• ADDINOL Lube Oil GmbH
• Amalie Oil Co.
• Bechem Lubrication Technology, LLC
• Bel-Ray Company LLC
• BP PLC
• Chevron Corporation
• Eni SpA
• ExxonMobil Corporation
• Idemitsu Kosan Co., Ltd.
• Indian Oil Corporation Ltd.
• Liqui Moly GmbH
• Morris Lubricants
• Peak Lubricants Pty Ltd
• Penrite Oil
• PetroChina Co., Ltd.
• Phillips 66 Company
• PJSC LUKOIL
• Rock Valley Oil & Chemical Co.
• Royal Dutch Shell PLC
• Sinopec Corp.
• TOTAL SA
• Valvoline, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year