Hydraulic oil compounds are widely used in hydraulic systems and market penetration is expected to continue to increase in the future.
Hydraulic oil compound agent refers to a chemical preparation that is formulated with antioxidants, anti-rust agents, extreme pressure agents and other additives through advanced formulation technology, and can meet the application requirements of hydraulic systems. Hydraulic compound agent is an upgraded product of hydraulic oil. Hydraulic oil is mainly used in hydraulic systems to play anti-wear, lubrication, anti-corrosion, anti-rust, cooling, etc. However, in recent years, the pressure and power of hydraulic systems have continued to increase. Under the background, the load of oil pumps is gradually increasing. Therefore, in order to meet the continuously increasing application requirements, hydraulic oil products are constantly upgraded. As a result, hydraulic oil compounds that improve the performance of hydraulic oil by adding a variety of additives have emerged and become the guarantee for hydraulic systems. Key materials for safe and stable operation.
According to different raw materials and components, hydraulic oil compound agents can be divided into low zinc anti-wear hydraulic oil compound agents, high zinc anti-wear hydraulic oil compound agents, ashless anti-wear hydraulic oil compound agents, etc. Compared with traditional hydraulic oil, hydraulic oil composites have longer service life and better anti-wear properties, oxidation resistance, lubricity, demulsification, rust prevention, oil solubility, thermal stability and other advantages. Hydraulic systems are widely used in terminal fields including CNC machine tools, rail transit, engineering machinery, industrial robots, etc.
With the current trend of transformation and upgrading of the domestic manufacturing industry deepening and the trend of machines replacing labor becoming more and more obvious, the market size of machine tools and industrial robots continues to expand, which in turn drives the demand for hydraulic oil compounds to continue to increase. In 2022, the domestic industrial robot market will exceed 60 billion yuan, and the machine tool market will exceed 380 billion yuan. Against this background, the domestic market demand for hydraulic oil compound agents in 2022 will be approximately 747,000 tons, and the market demand space is vast. At present, the domestic market for oil products required for hydraulic systems is still dominated by hydraulic oil. In the future, as the advantages of domestic hydraulic oil compound agents continue to highlight, it is expected to accelerate the replacement of hydraulic oil, and the market penetration rate is expected to accelerate.
According to the “2023-2028 Hydraulic Oil Compound Industry Market In-depth Research and Investment Prospect Forecast Analysis Report” released by the Industrial Research Center Shows that domestic hydraulic oil compound manufacturers mainly include Xinxiang Zhongwo Energy Group, Ruifeng New Materials, Beiyuan New Material Technology, Binzhou Kunhou Lubrication Technology, Cangzhou Changsheng Industrial, Suzhou Tongming Machinery, Shenzhen Rong Sheng Lubricant Technology, Shenzhen Yitianxing Technology, Hebei Runjie Lubricating Grease, Jinan Jiajin New Materials, etc.
Industry analysts said that hydraulic oil compound is an important working medium in the hydraulic system. There are broad application prospects in engineering machinery, CNC machine tools, industrial robots and other fields. Under the current background of rapid development in the domestic terminal application field of hydraulic oil compounds, the demand for hydraulic oil compounds is increasing, and the industry has good development prospects. At the same time, driven by demand growth, the number of companies entering the hydraulic oil compound market in my country is constantly increasing. In the future, as the research and development process of companies continues to accelerate, its market development speed is expected to continue to accelerate.