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Global Hydraulic Oil Market - Industry Trends -
Forecast to 2026
Global Hydraulic Oil Market By Base Oil (Mineral
Oil, Synthetic Oil, Semi-Synthetic Oil and
Bio-based Oil), Type (Paraffinic Oils, Naphthenic
Oils, Aromatic Oils and Veg and Bio Oils),
Application (OEM, Mining Equipment, Construction
Equipment, Transportation, Oil Gas, Metal
Production, Food Beverage and Others) and
Geography (North America, South America, Europe,
Asia-Pacific, Middle East and Africa)
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rglobal-hydraulic-oil-market
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Report Description
Global hydraulic oil market is expected to rise
to an estimated value of USD 24.49 billion by
2026, registering a substantial CAGR in the
forecast period of 2019-2026. Hydraulic oil is
a fluid which is used for transmitting power in
hydraulic systems. The fluid has the low pour
point, helps in protecting from rust and
oxidation. These hydraulic fluids help the
hydraulic system to function in harsh
environmental conditions by preventing corrosion.
These oils have wide applications in the field of
hydraulic elevator, hydraulic brake system,
hydraulic ram, shock absorber, crane and
hydraulic press.
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Major Key Players

• Some of the major players operating in this
  market are
• Royal Dutch Shell Plc
• Exxon Mobil Corporation
• Indian Oil Corporation Ltd
• Petro China Company Limited
• LUKOIL Marine Lubricants DMCC
• Indian Oil Corporation Ltd
• Valvoline LLC
• RENKERT OIL,
• JXTG Nippon Oil Energy Corporation
• Castrol Limited among others   

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hydraulic-oil-market
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Market Segmentation

• By Base Oil (Mineral Oil, Synthetic Oil,
  Semi-Synthetic Oil and Bio-based Oil)
• By Type (Paraffinic Oils, Naphthenic Oils,
  Aromatic Oils and Veg and Bio Oils)
• By Application(OEM, Mining Equipment,
  Construction Equipment, Transportation, Oil
  Gas, Metal Production, Food Beverage and
  Others)
• By Geography (North America, South America,
  Europe, Asia-Pacific, Middle East and Africa)

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l-hydraulic-oil-market
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Market Segmentation

• On the basis of form, the global clean label
  ingredients market is classified into dry and
  liquid.
• On the basis of type, the global clean label
  ingredients market is segmented into natural
  colours, natural flavours, fruit vegetable
  ingredients, starch sweeteners, flours, malt
  and others. The others segment is further sub
  segmented into natural preservatives,
  fermentation ingredients, oils shortenings,
  emulsifiers, and others (cereal ingredients such
  as bran and fibre). The fermentation ingredients
  are further sub segment into enzymes and starter
  cultures.
• Based on brand, the global clean label
  ingredients market is classified into Cargill,
  Archer Daniels Midland Company, Koninklijke DSM
  N.V., E. I. Du Pont De Nemours and Company, Kerry
  Group PLC, Ingredion Incorporated and Tate Lyle
  PLC

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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