Chemicals and Materials Hydraulic Fluid Market New

The report "Hydraulic Fluid Market by Base Oil (Mineral Oil, Synthetic Oil, Semi-
Synthetic Oil, Bio-Based Oil), Application (OEM, Mining Equipment, Construction
Equipment, Transportation, Oil & Gas, Metal Production, Food & Beverage) - Global
Forecast to 2022" published by MarketsandMarkets™, the market is projected to grow
from USD 19.42 Billion in 2017 to USD 22.07 Billion by 2022, at a CAGR of 2.59% between
2017 and 2022.
Browse 118 tables and 47 figures spread through 167 pages and in-depth TOC on "Hydraulic
Fluid Market"
https://www.marketsandmarkets.com/Market-Reports/hydraulic-fluid-market-
71021039.html
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The semi-synthetic base oil is projected to grow at the highest CAGR during the
forecast period.
The Hydraulic Fluid Market has been segmented on the basis of base oil into mineral oil,
synthetic oil (PAO, PAG, Esters, and Group IV), semi-synthetic oil, and bio-based oil. The
semi-synthetic oil segment is projected to register the highest CAGR during the forecast
period. Semi-synthetic oil is a mixture of mineral and synthetic oil. Hence, it provides high
performance at comparatively lower cost than synthetic oil. This is a major factor for the
growth of the semi-synthetic oil segment.