Hydraulic (Oil) Press Market Size, Share, Growth and Industry Analysis by Type (C-Frame Hydraulic Press, H-Frame Hydraulic Press, 4-Post Hydraulic Press, And, Bulldozer Hydraulic Press) By Application (Appliances Industry, Automotive Industry, Ceramic and Abrasives Industry, Electrical Industry, Food Compaction Industry, Government/Military Industry, And, Others) Regional Forecast From 2024 To 2031

Updated On: 22 April 2024

Hydraulic (Oil) Press Market Report Overview

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The global hydraulic (oil) press market size expanded rapidly in 2021, as per our research, the market is projected to reach a substantial revenue share by 2031. 

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden spike in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

The hydraulic oil press machine is considered to be one of the best oils pressing equipment for both industrial as well as house uses.   This device is used for extracting oil from crops such as cashew, almond, groundnut, walnut kernels, and sesame. This device has a lot of demand in many industries.

Numerous developments have been made to the hydraulic oil presses with the help of technology. This is considered as the latest trend in the market.

Health benefits provided by edible oils is positively influencing the market growth. Hydraulic oil presses are preferred over screw oil presses. All of these factors have resulted in the hydraulic (oil) press market growth.

COVID-19 impact: Decrease in Agricultural Yield During Pandemic Reduced Market Growth

The outbreak of the pandemic of COVID-19 created several problems in many markets across the world. One of the most adversely affected markets during the pandemic COVID-19 was the agriculture industry. This sector requires a lot of raw materials in the form of seeds, fertilizers, and manure. The number of workers required is also high. But due to the restrictions that were imposed during the outer break of the Coronavirus, the production of agricultural yield decreased.

The hydraulic (oil) press is dependent on the production of certain crops such as groundnut, sunflower, sesame, and olives. As these crops are the major source for extracting oil. With the reduction in the yield of these crops, the hydraulic (oil) press market experienced a blow.

LATEST TRENDS

"Many New Advancements in Hydraulic Oil Presses to Increase Market Growth"

Several advancements have been witnessed in hydraulic presses recently. Compared to the previous versions of hydraulic machines the newly introduced hydraulic presses are much more efficient.  Increasing investment by key industry players to develop these equipments has resulted in the introduction of Hydraulic (oil) presses that are technologically developed. 

As a result, the operating costs have also been reduced. The yielding capacity of Hydraulic (oil) presses has increased.  Therefore, they are considered highly suitable for extracting oil from seeds are nuts. Large quantities of oil can be produced within a short span of time. This has helped in increasing the market share.

Hydraulic (Oil) Press Market Segmentation

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• By Type:

The market can be divided on the basis of type into the following segments:

C-Frame Hydraulic Press, H-Frame Hydraulic Press, 4-Post Hydraulic Press, and, Bulldozer Hydraulic Press. The C-Frame Hydraulic Press segment is anticipated to dominate the market during the forecast period.

• By Application:

Classification based on application into the following segment:

Appliances industry, automotive industry, ceramic and abrasives industry, electrical industry, food compaction industry, government/military industry, and, others. The appliance industry segment is predicted to dominate the market during the research period.

DRIVING FACTORS

"Growing Usage of Edible Oils to Accelerate Market Growth"

With an increase in the population throughout the world the need for food has also drastically increased. The increasing need for food is propelling the market growth because oils for men important part of the human diet. Cooking cannot be performed without the usage of edible oils.

Customer preference towards cholesterol-free and healthy oil has increased recently. People are becoming more health conscious and prefer to use nutritional food products. olive oil, almond oil, and groundnut oil are being Incorporated into the diet of people due to the various health benefits provided by them. Oil from various seeds is obtained through the help of hydraulic presses. Different types of hydraulic oil presses are available in the market.  Some of the sectors where these equipments are very widely used include appliance industry, automotive industry, electrical industry, and food Industry. The wide application of hydraulic presses is increasing market growth and development.

"Preference for Hydraulic Oil Presses Over Screw Presses to Propel Market Growth "

A hydraulic oil press is completely different from A screw oil press. There are a lot of differences when it comes to the features of both of these equipments.  Hydraulic presses are much more flexible and have higher efficiency compared to screw oil presses. As a result, most oil manufacturers prefer to use hydraulic oil press.

These machines are equipped with high-quality Silicon manganese material. This makes sure that the device operates for a long period of time and provides good service.  Their operations are reliable. Energy consumed is very low and the maintenance cost incurred is negligible. The amount of oil produced per minute is very high because of the reasonably designed pressing chamber. The pressure exerted by this device will increase progressively and then break down the seed. All of these factors are ensuring growth in hydraulic (oil) press market share. 

RESTRAINING FACTOR

"Possibilities of Leakage in Hydraulic Fluids to Decrease Market Growth"

One of the biggest disadvantages of using hydraulic oil equipments is that there are high possibilities of leakages of hydraulic fluid.  This can be highly dangerous because most fluids are inflammable in nature and can easily catch fire.

The pressure that is exerted by these equipments is regulated most of the time. So, the pressure cannot exceed a certain level. The speed at which these machines operate is usually very low and they always leave behind a carbon footprint. Handling these equipments can be a messy task. All of these factors are considered to restrain the market growth.

Hydraulic (Oil) Press Market Regional Insights

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"Asia Pacific to Dominate Market Share in Upcoming Years"

Asia Pacific is predicted to account for the largest market share in the upcoming years. The main reason why Asia Pacific is dominating the market growth is due to the increasing demand for edible oil in this region. Asia Pacific has two of the most densely populated countries in the world that include China and India.

With a huge population, the demand for food products like oil is also very high in this region. The growing awareness of people regarding the health benefits provided by certain oils like olive oil, sesame oil, and almond oil is creating several opportunities for market growth. The presence of many industries in this region is also expected to fuel market growth.

Key Industry Players

"Leading Players adopt Acquisition Strategies to Stay Competitive "

Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.

List of Market Players Profiled

• Gasbarre (U.S.)
• Schuler (Germany)
• Beckwood (U.S.)
• Neff Press (U.S.)
• French (France)
• Greenerd (U.K.)
• Enerpac (U.S.)
• Dorst (Germany)
• Phoenix (Germany)
• Standard Industrial (U.S.)
• Dake (U.S.)
• Brown Bogg (U.S.)
• Macrodyne (Canada)
• RK Machinery (Canada)
• Multipress (U.S.)

Report Coverage

The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations.