Description
Global Hydraulic Fluid Market – by Type (Petroleum based hydraulic fluid, Bio-based hydraulic fluid, and Fire resistant type), by End Use (Oil and Gas industry, Automotive industry, Marine industry, Aircraft industry, Industrial machinery, Construction industry, and others (mining, forestry and agriculture)), and by Region – Forecast till 2023
Synopsis of Hydraulic Fluid Market
Hydraulic fluid serves the purpose of transforming power in to hydraulic systems (machinery). Most common hydraulic fluids are based on either mineral or water, which performs the function of power transmission, lubrication, and corrosion resistance. However, based on niche functionality, it performs various functions in different industries. These hydraulic fluids are largely used in oil and gas industry in the drilling operation as they have zero compressibility which makes hydraulic systems work efficiently. It is a technology involves mechanical properties which operates through force of liquid pressure.
As per the MRFR analysis, global hydraulic fluid market was valued at USD 3.64 billion as of 2016. The global hydraulic fluid market is projected to surpass USD 4.30 billion by 2023, growing at CAGR of 2.57%. Since the hydraulic systems are predominantly used in the crude oil drilling operations, huge crude oil production across the globe is considered as key market driver in the global market. Moreover, consistently growing automotive industry has surged robust demand for hydraulic fluids. Wherein it performs function of lubrication. In addition, increasing industrial production linked with easing urbanization have raised substantial demand over the years. Although driven by aforementioned factors, global market growth is hampered by unstable crude oil prices. Stringent government regulations on consumption of petroleum based hydraulic fluids due to environmental hazard expected to hinder market growth. Nevertheless, hydraulic fluid market anticipated to have healthy growth prospects in the years to come. Since the automotive industry is the second largest consumer of hydraulic fluids, hence vast demand for consumer and commercial automobile will provide several growth opportunities. Adoption of bio-based hydraulic fluids is consistently rising on account of environment hazards and is one of the emerging market trend in the recent years.
FIGURE 1 Global Hydraulic Fluid Market, By Type (%) (2016)
Source: MRFR Report
Regional Analysis
On the basis of region, Asia Pacific emerged as global leader in hydraulic fluid market. As of 2016, the region occupied largest market shares of 35% and dominated global market both in terms of value and volume. Presence of established automotive industry and growing oil and gas industries in this region considered as key growth generating factors. Moreover, increasing industrialization along with economic growth in emerging economies including China, India, South Korea and Japan have raised demand for hydraulic fluids. Additionally, China and India collectively drives Asia Pacific hydraulic fuel market as china is leading producer. On account of Chinese market contribution in regional growth, Asia Pacific projected to continue its dominance over the forecast period.
Following Asia Pacific, North America is another attractive region for hydraulic fluid and accounted for almost one fourth market shares in 2016. North America emerged as the most lucrative region in terms of value and projected to surpass USD 990 Million by 2023. Growth in this region is attributed to established aircraft industry and presence of number of market players. Among all leading players from North America includes Exxon Mobil Corporation (US), The Dow Chemical Company (US), Schaeffer Manufacturing Co (US), and many small scale producers of hydraulic fluid.
Segmentation
The global hydraulic fluid market is segmented on the basis of types and end use industries. Market segmentation on the basis of types of hydraulic fluids include petroleum based hydraulic fluids, bio-based hydraulic fluids, and fire resistant type. Moreover, On the basis of end use industries global market has been segmented into oil and gas, automobile, marine, aircraft, industrial machinery, construction and others (mining, agriculture, and forestry).
Key Players
Key players of the global hydraulic fluid market are Royal Dutch Shell plc (Netherland), Exxon Mobil Corporation (US), The Dow Chemical Company (US), BASF SE (Germany), Condat (Europe), Eastman Chemical Company (US), Schaeffer Manufacturing Co (US), LUKOIL Lubricants Company (Russia), British Petroleum Plc. (UK), Castrol Limited (UK), and others.
Key Findings
Global hydraulic fluid Market is projected to reach USD 4.31 billion by 2023 with 2.57% CAGR during review period of 2017-2023. Regionally, Asia-Pacific accounted for largest share due to growing application industries in this region. Moreover, the region dominated the market accounting for nearly 35% shares, followed by North America and Europe. Asia Pacific is forecast to be the fastest growing region in hydraulic fluid market at close to 3.10 % CAGR from 2017 to 2023 in terms of value. Furthermore, by type petroleum based hydraulic fluid is the most promising segment and accounted over 72% market shares owing to great crude oil production. Based on the end user industries, market is segmented into oil and gas, automotive, marine, aircraft, industrial machinery, construction and others. Among all oil and gas industry is the biggest segment with market share of more than 38%. On the other hand, Key players including Royal Dutch Shell plc, Exxon Mobil Corporation, BASF SE, and Eastman Chemical Company are investing more into product development, and expanding in other regions.
Geographic Analysis
The report covers brief analysis of geographical region such as:
• North America
o US
o Canada
• Europe
o Germany
o France
o Italy
o Spain
o U.K.
o Russia
o Poland
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Turkey
o Israel
o G.C.C
o North Africa
o Rest of Middle East & Africa
• Intended Audience
• Hydraulic Fluid manufacturers
• Traders and distributors of Hydraulic Fluid
• End Use industries
• Potential investors
• Raw material suppliers
• Nationalized laboratory
DC –Description
• Hydraulic oil
• Synthetic hydraulic fluid
• Water glycol type hydraulic fluid
• Synthetic ester base hydraulic fluid
• Polyalkyleneglycol base
• Biodegradable oils
Table of Contents
1 Report Prologue 11
2 Market Definition 12
2.1 Definition 12
2.2 Scope of the Study 12
2.3 Research Objectives 12
2.4 Assumptions 13
2.5 Limitations 13
2.6 Markets Structure 13
3 Research Methodology 14
3.1 Research Process 14
3.2 Primary Research 15
3.3 Secondary Research 15
3.4 Market Size Estimation 16
3.5 Forecast Model 17
4 Market Dynamics 18
4.1 Drivers 18
4.1.1 Huge Crude Oil Production Pose as a Major Market Driver 18
4.1.2 Flourishing automotive industry has surged demand for hydraulic fluid over the past few years and it is anticipated to upkeep the demand during forthcoming years. 19
4.1.3 On account of stringent emission guidelines and regulaterly framework, Bio-based hydraulic fluids has emerged as new market driver with significant demand in global market 19
4.1.4 Increasing industrial production as well as rising industrialization has led demand for hydraulic fluid 19
4.2 Restraints 20
4.2.1 Unstable Crude Oil Prices Acts as Major Restraing Factor 20
4.2.2 Strict Environmental Regulations Expected to Pose as Growth Barrier 20
4.3 Opportunities 21
4.3.1 Thriving automotive industry will uncover healthy growth opportunitities for hydraulic fluids during forthcoming years 21
4.4 Market trends 21
4.4.1 Adoption of Bio-based hydraulic fluid on accopunt of environment safety 21
5 Market Factor Analysis 22
5.1 Supply Chain Analysis 22
5.1.1 Raw Material (Crude Purchase) 22
5.1.2 Hydraulic Fluids Producers (Refining/Processing) 22
5.1.3 Distributors 23
5.1.4 End-User(Market Players) 23
5.2 Porter’s 5 Forces Analysis 24
5.2.1 Competative Rivalry (High) 24
5.2.2 Threat of New Entrants (Relatively Medium) 25
5.2.3 Threat of Substitute (LOW) 25
5.2.4 Bargaining Power of Supplier (LOW) 25
5.2.5 Bargaining Power of Buyers (HIGH) 26
6 Global Hydraulic Fluid Market, By Type 27
6.1 Introduction 27
6.2 Petroleum Based Hydraulic fluid 29
6.3 Bio-Based Hydralic fluid 30
6.4 Fire-resistant Type 32
7 Global Hydraulic Fluid Market, By End-User 34
7.1 Introduction 34
7.2 Oil & Gas industry 37
7.3 Automobile industry 38
7.4 Marine Industry 39
7.5 Aircraft Industry 40
7.6 Industrial Machinery 41
7.7 Construction Industry 42
7.8 Others (Minnig, Forestry and Agriculture) 43
8 Global Hydraulic Fluid Market, By Region 44
8.1 Introduction 44
8.2 North America 45
8.3 Europe 53
8.4 Asia Pacific 73
8.5 Latin America 84
8.6 Middle east & Africa 93
9 Competitive Landscape 107
9.1 Introduction 107
9.2 Agreement 108
9.3 Expansion 110
9.4 Product launch 112
9.5 Acquisition 113
9.6 Product Development, and Joint Venture 114
10 Company Profile 116
10.1 Royal Dutch Shell plc. 116
10.1.1 Company Overview 116
10.1.2 Product/Business Segment Overview 116
10.1.3 Financial Overview 117
10.1.4 Key Development 117
10.2 Exxon Mobil Corporation 119
10.2.1 Company Overview 119
10.2.2 Product/Business Segment Overview 119
10.2.3 Financial Updates 120
10.2.4 Key Developments 121
10.3 The Dow Chemical Company 122
10.3.1 Company Overview 122
10.3.2 Product/Business Segment Overview 122
10.3.3 Financial Updates 123
10.4 BASF SE 124
10.4.1 Company Overview 124
10.4.2 Product/Business Segment Overview 124
10.4.3 Financial Updates 125
10.4.4 Key Developments 125
10.5 Condat 126
10.5.1 Company Overview 126
10.5.2 Product/Business Segment Overview 126
10.5.3 Financial Updates 126
10.5.4 Key Developments 126
10.6 Eastman Chemical Company 127
10.6.1 Company Overview 127
10.6.2 Product/Business Segment Overview 127
10.6.3 Financial Updates 127
10.6.4 Key Developments 128
10.7 Schaeffer Manufacturing Co 129
10.7.1 Company Overview 129
10.7.2 Product/Business Segment Overview 129
10.7.3 Financial Updates 129
10.7.4 Key Developments 129
11 Conclusion 130
List of Tables
TABLE 1 GLOBAL HYDRAULIC FLUID MARKET BY TYPE, 2015-2023 (USD MILLION) 28
TABLE 2 GLOBAL HYDRAULIC FLUID MARKET BY TYPE, 2015-2023 (THOUSAND TONS) 29
TABLE 3 GLOBAL PETROLEUM BASED MARKET FOR HYDRAULIC FLUID, BY REGION 2015-2023 (USD MILLION) 29
TABLE 4 GLOBAL PETROLEUM BASED MARKET FOR HYDRAULIC FLUID, BY REGION 2015-2023 (THOUSAND TON) 30
TABLE 5 GLOBAL BIO-BASED MARKET FOR HYDRAULIC FLUID, BY REGION 2015-2023 (USD MILLION) 30
TABLE 6 GLOBAL BIO-BASED MARKET FOR HYDRAULIC FLUID, BY REGION 2015-2023 (THOUSAND TONS) 31
TABLE 7 GLOBAL FIRE-RESISTANT TYPE MARKET FOR HYDRAULIC FLUID, BY REGION 2015-2023 (USD MILLION) 32
TABLE 8 GLOBAL FIRE-RESISTANT TYPE MARKET FOR HYDRAULIC FLUID, BY REGION 2015-2023 (THOUSAND TONS) 33
TABLE 9 GLOBAL HYDRAULIC FLUID MARKET BY END-USER INDUSTRIES, 2015-2023 (USD MILLION) 35
TABLE 10 GLOBAL HYDRAULIC FLUID MARKET BY END-USER INDUSTRIES, 2015-2023 (THOUSAND TONS) 36
TABLE 11 GLOBAL OIL & GAS MARKET FOR HYDRAULIC FLUID, 2015-2023 (USD MILLION) 37
TABLE 12 GLOBAL OIL & GAS MARKET FOR HYDRAULIC FLUID, 2015-2023 (THOUSAND TONS) 37
TABLE 13 GLOBAL AUTOMOBILE MARKET FOR HYDRAULIC FLUID, 2015-2023 (USD MILLION) 38
TABLE 14 GLOBAL OIL & GAS MARKET FOR HYDRAULIC FLUID, 2015-2023 (THOUSAND TONS) 38
TABLE 15 GLOBAL MARINE MARKET FOR HYDRAULIC FLUID, 2015-2023 (USD MILLION) 39
TABLE 16 GLOBAL MARINE MARKET FOR HYDRAULIC FLUID, 2015-2023 (THOUSAND TONS) 39
TABLE 17 GLOBAL AIRCRAFT MARKET FOR HYDRAULIC FLUID, 2015-2023 (USD MILLION) 40
TABLE 18 GLOBAL AIRCRAFT MARKET FOR HYDRAULIC FLUID, 2015-2023 (THOUSAND TONS) 40
TABLE 19 GLOBAL INDUSTRIAL MACHINERY MARKET FOR HYDRAULIC FLUID, 2015-2023 (USD MILLION) 41
TABLE 20 GLOBAL INDUSTRIAL MACHINERY MARKET FOR HYDRAULIC FLUID, 2015-2023 (THOUSAND TONS) 41
TABLE 21 GLOBAL CONSTRUCTION MARKET FOR HYDRAULIC FLUID, 2015-2023 (USD MILLION) 42
TABLE 22 GLOBAL CONSTRUCTION MARKET FOR HYDRAULIC FLUID, 2015-2023 (THOUSAND TONS) 42
TABLE 23 GLOBAL OTHERS MARKET FOR HYDRAULIC FLUID, 2015-2023 (USD MILLION) 43
TABLE 24 GLOBAL OTHERS MARKET FOR HYDRAULIC FLUID, 2015-2023 (THOUSAND TONS) 43
TABLE 25 GLOBAL HYDRAULICFLUID MARKET, BY REGION 2015-2023 (USD MILLION) 44
TABLE 26 GLOBAL HYDRAULICFLUID MARKET, BY REGION 2015-2023 (THIUSAND TONS) 45
TABLE 27 NORTH AMERICA HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (USD MILLION) 45
TABLE 28 NORTH AMERICA HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (THOUSAND TON) 46
TABLE 29 NORTH AMERICA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 46
TABLE 30 NORTH AMERICA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 47
TABLE 31 NORTH AMERICA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 47
TABLE 32 NORTH AMERICA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 48
TABLE 33 US HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 48
TABLE 34 US HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 49
TABLE 35 US HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 49
TABLE 36 US HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 50
TABLE 37 CANADA HYDRAULIC FLUID MARKET, BY TYPE2015-2023 (USD MILLION) 50
TABLE 38 CANADA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 51
TABLE 39 CANADA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 51
TABLE 40 CANADA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 52
TABLE 41 EUROPEAN HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (USD MILLION) 53
TABLE 42 EUROPEAN HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (THOUSAND TON) 54
TABLE 43 EUROPEAN HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 55
TABLE 44 EUROPEAN HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 55
TABLE 45 EUROPEAN HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 56
TABLE 46 EUROPEAN HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 57
TABLE 47 GERMANY HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 57
TABLE 48 GERMANY HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 58
TABLE 49 GERMANY HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 58
TABLE 50 GERMANY HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 59
TABLE 51 UK HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 59
TABLE 52 UK HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 60
TABLE 53 UK HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 60
TABLE 54 UK HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 61
TABLE 55 RUSSIA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 61
TABLE 56 RUSSIA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 62
TABLE 57 RUSSIA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 62
TABLE 58 RUSSIA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 63
TABLE 59 FRANCE HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 63
TABLE 60 FRANCE HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 64
TABLE 61 FRANCE HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 64
TABLE 62 FRANCE HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 65
TABLE 63 SPAIN HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 65
TABLE 64 SPAIN HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 66
TABLE 65 SPAIN HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 66
TABLE 66 SPAIN HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 67
TABLE 67 ITALY HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 67
TABLE 68 ITALY HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 68
TABLE 69 ITALY HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 68
TABLE 70 ITALY HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 69
TABLE 71 POLAND HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 69
TABLE 72 POLAND HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 70
TABLE 73 POLAND HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 70
TABLE 74 POLAND HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 71
TABLE 75 REST OF THE EUROPE HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 71
TABLE 76 REST OF THE EUROPE HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 72
TABLE 77 REST OF THE EUROPE HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 72
TABLE 78 REST OF THE EUROPE HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 73
TABLE 79 ASIA PACIFIC HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (USD MILLION) 73
TABLE 80 ASIA PACIFIC HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (THIUSAND TON) 74
TABLE 81 ASIA PACIFIC HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 74
TABLE 82 ASIA PACIFIC HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 75
TABLE 83 ASIA PACIFIC HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 75
TABLE 84 ASIA PACIFIC HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TON) 76
TABLE 85 CHINA HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (USD MILLION) 76
TABLE 86 CHINA HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (THOUSAND TON) 77
TABLE 87 CHINA HYDRAULIC FLUID MARKET BY END USE 2015-2023 (USD MILLION) 77
TABLE 88 CHINA HYDRAULIC FLUID MARKET BY END USE 2015-2023 (THOUSAND TONS) 78
TABLE 89 JAPAN HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (USD MILLION) 78
TABLE 90 JAPAN HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (THOUSAND TONS) 79
TABLE 91 JAPAN HYDRAULIC FLUID MARKET BY END USE 2015-2023 (USD MILLION) 79
TABLE 92 JAPAN HYDRAULIC FLUID MARKET BY END USE 2015-2023 (THOUSAND TONS) 80
TABLE 93 INDIA HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (USD MILLION) 80
TABLE 94 INDIA HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (THOUSAND TONS) 81
TABLE 95 INDIA HYDRAULIC FLUID MARKET BY END USE 2015-2023 (USD MILLION) 81
TABLE 96 INDIA HYDRAULIC FLUID MARKET BY END USE 2015-2023 (THOUSAND TONS) 82
TABLE 97 REST OF THE ASIA HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (USD MILLION) 82
TABLE 98 REST OF THE ASIA FLUID MARKET BY TYPE 2015-2023 (THOUSAND TONS) 83
TABLE 99 REST OF THE ASIA FLUID MARKET BY END USE 2015-2023 (USD MILLION) 83
TABLE 100 REST OF THE ASIA FLUID MARKET BY END USE 2015-2023 (THOUSAND TONS) 84
TABLE 101 LATIN AMERICA HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (USD MILLION) 84
TABLE 102 LATIN AMERICA HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (THOUSAND TON) 85
TABLE 103 LATIN AMERICA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 85
TABLE 104 LATIN AMERICA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TON) 86
TABLE 105 LATIN AMERICA HYDRAULIC FLUID MARKET, BY END USER 2015-2023 (USD MILLION) 86
TABLE 106 LATIN AMERICA HYDRAULIC FLUID MARKET, BY END USER 2015-2023 (THOUSAND TON) 87
TABLE 107 BRAZIL HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (USD MILLION) 87
TABLE 108 BRAZIL HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (THOUSAND TON) 88
TABLE 109 ARGENTINA HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (USD MILLION) 88
TABLE 110 ARGENTINA HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (THOUSAND TON) 89
TABLE 111 ARGENTINA HYDRAULIC FLUID MARKET BY END USER 2015-2023 (USD MILLION) 89
TABLE 112 ARGENTINA HYDRAULIC FLUID MARKET BY END USER 2015-2023 (THOUSAND TON) 90
TABLE 113 REST OF THE LATIN AMERICA HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (USD MILLION) 90
TABLE 114 REST OF THE LATIN AMERICA HYDRAULIC FLUID MARKET BY TYPE 2015-2023 (THOUSAND TONE) 91
TABLE 115 REST OF THE LATIN AMERICA HYDRAULIC FLUID MARKET BY END USE 2015-2023 (USD MILLION) 91
TABLE 116 REST OF THE LATIN AMERICA HYDRAULIC FLUID MARKET BY END USE 2015-2023 (THOUSAND TONE) 92
TABLE 117 MIDDLE EAST & AFRICA HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (USD MILLION) 93
TABLE 118 MIDDLE EAST & AFRICA HYDRAULIC FLUID MARKET, BY COUNTRY 2015-2023 (THOUSAND TONS) 93
TABLE 119 MIDDLE EAST & AFRICA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 94
TABLE 120 MIDDLE EAST & AFRICA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TONS) 94
TABLE 121 MIDDLE EAST & AFRICA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 95
TABLE 122 MIDDLE EAST & AFRICA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TONS) 96
TABLE 123 TURKEY HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 96
TABLE 124 TURKEY HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TONS) 97
TABLE 125 TURKEY HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 97
TABLE 126 TURKEY HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TONS) 98
TABLE 127 ISRAEL HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 98
TABLE 128 ISRAEL HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TONS) 99
TABLE 129 ISRAEL HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 99
TABLE 130 ISRAEL HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TONS) 100
TABLE 131 NORTH AFRICA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 100
TABLE 132 NORTH AFRICA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TONS) 101
TABLE 133 NORTH AFRICA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 101
TABLE 134 NORTH AFRICA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TONS) 102
TABLE 135 G.C.C. HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 102
TABLE 136 G.C.C. HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TONS) 103
TABLE 137 G.C.C. HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 103
TABLE 138 G.C.C. HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TONS) 104
TABLE 139 REST OF MEA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (USD MILLION) 104
TABLE 140 REST OF MEA HYDRAULIC FLUID MARKET, BY TYPE 2015-2023 (THOUSAND TONS) 105
TABLE 141 REST OF MEA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (USD MILLION) 105
TABLE 142 REST OF MEA HYDRAULIC FLUID MARKET, BY END USE 2015-2023 (THOUSAND TONS) 106
TABLE 143 AGREEMENT, 2012-2017 109
TABLE 144 EXPANSION, 2012-2017 111
TABLE 145 PRODUCT LAUNCH, 2012-2017 113
TABLE 146 ACQUISITION, 2012-2017 114
TABLE 147 PRODUCT DEVELOPMENT, AND JOINT VENTURE, 2012-2017 115
TABLE 148 ROYAL DUTCH SHELL: SEGMENTATION 116
TABLE 149 ROYAL DUTCH SHELL PLC: KEY DEVELOPMENT 117
TABLE 150 EXXON MOBIL CORPORATION: SEGMENTATION 119
TABLE 151 EXXON MOBIL CORPORATION: KEY DEVELOPMENT 121
TABLE 152 THE DOW CHEMICAL COMPANY: SEGMENTATION 122
TABLE 153 BASF SE: SEGMENTATION 124
TABLE 154 BASF SE: KEY DEVELOPMENT 125
TABLE 155 CONDAT: SEGMENTATION 126
TABLE 156 EASTMAN CHEMICAL COMPANY: SEGMENTATION 127
TABLE 157 EASTMAN CHEMICAL COMPANY: KEY DEVELOPMENT 128
TABLE 158 SCHAEFFER MANUFACTURING COMPANY: SEGMENTATION 129
List of Figures
FIGURE 1 GLOBAL MICRO REACTOR TECHNOLOGY MARKET OUTLOOK (2015-2022) 11
FIGURE 2 MRFR RESEARCH PROCESS 14
FIGURE 3 TOP DOWN & BOTTOM DOWN APPROACH 16
FIGURE 4 GLOBAL HYDRAULIC FLUID MARKET BY TYPE, 2015-2023 (USD MILLION) 27
FIGURE 5 GLOBAL HYDRAULIC FLUID MARKET BY TYPE, 2015-2023 (THOUSAND TONS) 28
FIGURE 6 GLOBAL HYDRAULIC FLUID MARKET BY END-USER INDUSTRIES, 2015-2023 (USD MILLION) 34
FIGURE 7 GLOBAL MARKET SHARE FOR HYDRAULIC FLUID MARKETM, BY REGION IN 2016 (%) 44
FIGURE 8 AGREEMENT, PRODUCT LAUNCH, AND EXPANSION WAS THE KEY GROWTH STARTERGY ADOPTED BY HYDRAULIC FLUID PLAYERS, 2012-2017 107
FIGURE 9 AGREEMENT: THE MAJOR STRATERGY ADOPTED BY, ROYAL DUTCH SHELL, EXXONMOBIL, EASTMAN CHEMICAL 2012-2017 108
FIGURE 10 EXPANSION: THE MAJOR STRATERGY ADOPTED BY, ROYAL DUTCH SHELL, BASF SE, AND EASTMAN CHEMICAL 2012-2017 110
FIGURE 11 PRODUCT LAUNCH: THE MAJOR STRATERGY ADOPTED BY, ROYAL DUTCH SHELL, 2012-2017 112
FIGURE 12 ACQUISITION: THE MAJOR STRATERGY ADOPTED BY, ROYAL DUTCH SHELL, AND EASTMAN CHEMICAL 2012-2017 113
FIGURE 13 PRODUCT DEVELOPMENT, AND JOINT VENTURE ADOPTED BY, ROYAL DUTCH SHELL, AND BASF SE 2012-2017 114
FIGURE 14 ROYAL DUTCH SHELL: RECENT FINANCIALS 117
FIGURE 15 EXXON MOBIL CORPORATION: RECENT FINANCIALS 120
FIGURE 16 EXXON MOBIL CORPORATION: RECENT FINANCIALS BY REGION 120
FIGURE 17 THE DOW CHEMICAL COMPANY: RECENT FINANCIALS BY REGION 123
FIGURE 18 BASF SE: RECENT FINANCIALS BY REGION 125
