Market Overview:
The global hydraulic oil filters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hydraulic oil filters from various end-use industries, such as construction machinery, petrochemical and chemical industry, mining industry, and others. In terms of type, the suction filters segment is expected to lead the global hydraulic oil filters market during the forecast period. This can be attributed to their ability to remove contaminants from fluids before they enter into a system or component.
Product Definition:
A hydraulic oil filter is a device used to remove contaminants from hydraulic oil. The importance of hydraulic oil filters is that they help keep the hydraulic system clean and free of debris, which can cause damage to the system.
Suction Filters:
Suction filters are used to remove particulate matter from the air that is drawn into the engine by means of vacuum. The filter element may be a simple sheet of metal or a more complex assembly comprising several interleaving layers. The suction filter is usually located in an oil-drainable reservoir and as such, can be removed and replaced without affecting other components in the system.
Return Oil Filters:
A return oil filter is an oil filter that serves the purpose of both, a relief valve and a separator. It's installed on the outlet of an engine where it returns excess pressure to the reservoir from which it came. The main function of this component is to protect the engine against damage caused by high-pressureoil streams that are encountered when engines are working at very high speeds or under heavy load conditions.
Application Insights:
The construction machinery application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. This may be attributed to rising demand for heavy-duty equipment, such as backhoe loaders, skid steer loaders, dragline excavators and concrete pump trucks among others. The mining industry also holds considerable potential owing to increasing demand for coal and other minerals across various regions including Asia Pacific, Latin America and Africa. Petrochemical & chemical industry is another key sector that can be credited with driving market growth owing to extensive use of hydraulic oil in various filtration applications including pre-filters on gas turbine engines along with its derivatives such as post-treatment filters on power generation units at petrochemical complexes or integrated complexes.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major end-users coupled with favorable government regulations pertaining to energy conservation are some of the key factors driving this regional market. In addition, increasing investments in various sectors including oil & gas, mining, construction and others are also contributing towards growth.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to stringent environmental regulations by governments across countries regarding hydraulic oil consumption as well as manufacturing processes. Petrochemical industries have witnessed significant growth due to rising demand from several end-use industries such as food processing and pharmaceuticals among others; this factor is anticipated to further drive product demand over the forecast period.
Growth Factors:
- Increasing demand for hydraulic oil filters in the automotive industry as a result of the increasing production of passenger cars and commercial vehicles.
- Growing demand for hydraulic oil filters from the construction and mining industries due to the increasing infrastructure development activities and rising mineral exploration activities across the globe.
- Rising demand for hydraulic oil filters from original equipment manufacturers (OEMs) owing to stringent emission norms being implemented by various governments across regions worldwide.
- Increasing awareness among consumers about the benefits of using high-quality hydraulic oil filters in vehicles, construction equipment, and other machinery applications is expected to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Oil Filters Market Research Report
By Type
Suction Filters, Return Oil Filters, High Pressure Line Filters
By Application
Construction Machinery, Petrochemical and Chemical Industry, Mining Industry, Others
By Companies
Pall, Hydac, Parker Hannifin, Baldwin, SMC Corporation, Bosch Rexroth, Caterpillar, Donalson, UFI Filter, Mahle, Yamashin, Schroeder Industries, Cim-Tek, Ikron, OMT S.p.A, Eaton, Lenz
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Oil Filters Market Report Segments:
The global Hydraulic Oil Filters market is segmented on the basis of:
Types
Suction Filters, Return Oil Filters, High Pressure Line Filters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction Machinery, Petrochemical and Chemical Industry, Mining Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pall
- Hydac
- Parker Hannifin
- Baldwin
- SMC Corporation
- Bosch Rexroth
- Caterpillar
- Donalson
- UFI Filter
- Mahle
- Yamashin
- Schroeder Industries
- Cim-Tek
- Ikron
- OMT S.p.A
- Eaton
- Lenz
Highlights of The Hydraulic Oil Filters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Suction Filters
- Return Oil Filters
- High Pressure Line Filters
- By Application:
- Construction Machinery
- Petrochemical and Chemical Industry
- Mining Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydraulic Oil Filters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydraulic oil filters are used on engines to remove contaminants from the engine oil.
Some of the key players operating in the hydraulic oil filters market are Pall, Hydac, Parker Hannifin, Baldwin, SMC Corporation, Bosch Rexroth, Caterpillar, Donalson, UFI Filter, Mahle, Yamashin, Schroeder Industries, Cim-Tek, Ikron, OMT S.p.A, Eaton, Lenz.
The hydraulic oil filters market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hydraulic Oil Filters Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hydraulic Oil Filters Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hydraulic Oil Filters Market - Supply Chain
4.5. Global Hydraulic Oil Filters Market Forecast
4.5.1. Hydraulic Oil Filters Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hydraulic Oil Filters Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hydraulic Oil Filters Market Absolute $ Opportunity
5. Global Hydraulic Oil Filters Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hydraulic Oil Filters Market Size and Volume Forecast by Type
5.3.1. Suction Filters
5.3.2. Return Oil Filters
5.3.3. High Pressure Line Filters
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hydraulic Oil Filters Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hydraulic Oil Filters Market Size and Volume Forecast by Application
6.3.1. Construction Machinery
6.3.2. Petrochemical and Chemical Industry
6.3.3. Mining Industry
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hydraulic Oil Filters Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hydraulic Oil Filters Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hydraulic Oil Filters Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hydraulic Oil Filters Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hydraulic Oil Filters Demand Share Forecast, 2019-2026
9. North America Hydraulic Oil Filters Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hydraulic Oil Filters Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hydraulic Oil Filters Market Size and Volume Forecast by Application
9.4.1. Construction Machinery
9.4.2. Petrochemical and Chemical Industry
9.4.3. Mining Industry
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hydraulic Oil Filters Market Size and Volume Forecast by Type
9.7.1. Suction Filters
9.7.2. Return Oil Filters
9.7.3. High Pressure Line Filters
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hydraulic Oil Filters Demand Share Forecast, 2019-2026
10. Latin America Hydraulic Oil Filters Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hydraulic Oil Filters Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hydraulic Oil Filters Market Size and Volume Forecast by Application
10.4.1. Construction Machinery
10.4.2. Petrochemical and Chemical Industry
10.4.3. Mining Industry
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hydraulic Oil Filters Market Size and Volume Forecast by Type
10.7.1. Suction Filters
10.7.2. Return Oil Filters
10.7.3. High Pressure Line Filters
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hydraulic Oil Filters Demand Share Forecast, 2019-2026
11. Europe Hydraulic Oil Filters Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hydraulic Oil Filters Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hydraulic Oil Filters Market Size and Volume Forecast by Application
11.4.1. Construction Machinery
11.4.2. Petrochemical and Chemical Industry
11.4.3. Mining Industry
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hydraulic Oil Filters Market Size and Volume Forecast by Type
11.7.1. Suction Filters
11.7.2. Return Oil Filters
11.7.3. igh Pressure Line Filters
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hydraulic Oil Filters Demand Share, 2019-2026
12. Asia Pacific Hydraulic Oil Filters Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hydraulic Oil Filters Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hydraulic Oil Filters Market Size and Volume Forecast by Application
12.4.1. Construction Machinery
12.4.2. Petrochemical and Chemical Industry
12.4.3. Mining Industry
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hydraulic Oil Filters Market Size and Volume Forecast by Type
12.7.1. Suction Filters
12.7.2. Return Oil Filters
12.7.3. High Pressure Line Filters
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hydraulic Oil Filters Demand Share, 2019-2026
13. Middle East & Africa Hydraulic Oil Filters Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hydraulic Oil Filters Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hydraulic Oil Filters Market Size and Volume Forecast by Application
13.4.1. Construction Machinery
13.4.2. Petrochemical and Chemical Industry
13.4.3. Mining Industry
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hydraulic Oil Filters Market Size and Volume Forecast by Type
13.7.1. Suction Filters
13.7.2. Return Oil Filters
13.7.3. High Pressure Line Filters
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hydraulic Oil Filters Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hydraulic Oil Filters Market: Market Share Analysis
14.2. Hydraulic Oil Filters Distributors and Customers
14.3. Hydraulic Oil Filters Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Pall
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hydac
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Parker Hannifin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Baldwin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SMC Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bosch Rexroth
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Caterpillar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Donalson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. UFI Filter
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mahle
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Yamashin
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Schroeder Industries
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cim-Tek
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ikron
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. OMT S.p.A
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Eaton
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lenz
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook