Hydraulic Oil Expellers Market
The market for Hydraulic Oil Expellers was estimated at $3.7 billion in 2024; it is anticipated to increase to $5.9 billion by 2030, with projections indicating growth to around $8.7 billion by 2035.
Global Hydraulic Oil Expellers Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Hydraulic Oil Expellers industry revenue is expected to be around $4.0 billion in 2025 and expected to showcase growth with 8.0% CAGR between 2025 and 2034. The escalating significance of Hydraulic Oil Expellers is ascribed to multiple key driving factors. Primarily, the continually growing global industrialization and mechanization are propelling the products relevance, particularly in the agriculture and manufacturing sectors. Versatility and efficiency in operations also contribute to the perceptible market demand, while the constant quest for sustainable energy alternatives acts as a major booster. Increasing awareness about minimization of manual labor and subsequent cost-reduction possibilities are further accelerating the demand for these devices. The markets steady expansion reflects an ongoing lucrative, growth-oriented momentum, with potential for profound future implications.
Hydraulic Oil Expellers, comprehensive machines for extracting oil from a wide array of seeds like groundnuts, sesame, coconut, mustard, and sunflower, are widely recognized for their high-efficiency extraction rates. Their key features include robust construction, reliable operational functionality, efficiency in oil extraction, and a longer service lifespan. The prominent applications of these oil extracting machines are largely observed in the oil seed processing industry and in agricultural farming.
Market Key Insights
- The Hydraulic Oil Expellers market is projected to grow from $3.7 billion in 2024 to $8.1 billion in 2034. This represents a CAGR of 8%, reflecting rising demand across Oilseed Processing, Edible Oil Production and Biofuel Production.
- Kumar Metal Industries Private Limited, Goyum Screw Press, Chetan Agro Industries are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Hydraulic Oil Expellers market and are expected to observe the growth CAGR of 5.8% to 8.4% between 2024 and 2030.
- Emerging markets including Vietnam, Colombia and Nigeria are expected to observe highest growth with CAGR ranging between 7.7% to 10.0%.
- Transition like Technological Advancements in Hydraulic Oil Expellers is expected to add $205 million to the Hydraulic Oil Expellers market growth by 2030.
- The Hydraulic Oil Expellers market is set to add $4.3 billion between 2024 and 2034, with service providers targeting Pharmaceutical & Cosmetic Industry Use projected to gain a larger market share.
- With Surge in sustainable agriculture practices, and Technological advancements in hydraulic oil expellers, Hydraulic Oil Expellers market to expand 116% between 2024 and 2034.