Non-flammable Hydraulic Fluids Market

By Type;

HFA Type – Oil in Water Emulsions, HFB Type – Water in Oil Emulsions, HFC Type - Water Glycol Fluids and HFD Type - Anhydrous Synthetic Fluids

By Formulation;

Emulsifiable, Non-Emulsifiable and Biodegradable

By Application;

Foundry & Smelting, Aviation, Marine, Mining and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn105946937 Published Date: August, 2025 Updated Date: September, 2025

Non-Flammable Hydraulic Fluids Market Overview

Non-Flammable Hydraulic Fluids Market (USD Million)

Non-Flammable Hydraulic Fluids Market was valued at USD 1,509.15 million in the year 2024. The size of this market is expected to increase to USD 1,959.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.


Non-flammable Hydraulic Fluids Market

*Market size in USD million

CAGR 3.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.8 %
Market Size (2024)USD 1,509.15 Million
Market Size (2031)USD 1,959.36 Million
Market ConcentrationHigh
Report Pages326
1,509.15
2024
1,959.36
2031

Major Players

  • Exxon Mobil Corporation
  • Shell Global Solutions
  • Eastman Chemical Company
  • BASF SE
  • Chevron Corporation
  • Quaker Chemical Corporation
  • Castrol (BP plc)

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Non-flammable Hydraulic Fluids Market

Fragmented - Highly competitive market without dominant players


The Non-flammable Hydraulic Fluids Market is gaining strong momentum as industries prioritize safety and reliability. These fluids are widely adopted in sectors where fire risks are critical, with usage increasing by over 35% in manufacturing and heavy engineering. Their role in minimizing accidents and protecting equipment has made them a preferred choice in industrial operations.

Key Drivers Accelerating Growth
The rising demand for worker safety, environmental compliance, and efficiency is shaping the market. Nearly 40% of industries are switching to non-flammable options to reduce hazards and improve sustainability. Additionally, strict workplace regulations are fueling adoption, making these fluids an essential part of modern industrial systems.

Advancements Strengthening Market Adoption
Technological improvements in synthetic formulations and bio-based alternatives are enhancing performance. About 45% of recent product innovations feature advanced additives that improve lubrication, reduce wear, and extend equipment life. These enhancements make non-flammable fluids not only safer but also cost-effective in long-term use.

Industry Expansion and Opportunities
Collaborations, R&D initiatives, and eco-friendly product development are opening new opportunities. Around 50% of emerging fluid technologies are designed with environmental sustainability in focus, aligning with global green initiatives. This positions the market for long-term expansion, driven by innovation and compliance-focused growth strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Formulation
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Non-Flammable Hydraulic Fluids Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Safety Regulations Compliance
        2. Aerospace Industry Demand
        3. Mining Operations Safety
        4. Environmental Concerns
      2. Restraints
        1. High Cost Solutions
        2. Compatibility Issues
        3. Performance Limitations
        4. Limited Availability
      3. Opportunities
        1. Technological Advancements
        2. Expansion into New Industries
        3. Increasing Awareness
        4. Sustainable Formulations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Non-Flammable Hydraulic Fluids Market, By Type, 2021 - 2031 (USD Million)
      1. HFA Type – Oil in Water Emulsions
      2. HFB Type – Water in Oil Emulsions
      3. HFC Type - Water Glycol Fluids
      4. HFD Type - Anhydrous Synthetic Fluids
    2. Non-Flammable Hydraulic Fluids Market, By Formulation, 2021 - 2031 (USD Million)

      1. Emulsifiable

      2. Non-emulsifiable

      3. Biodegradable

    3. Non-Flammable Hydraulic Fluids Market, By Application, 2021 - 2031 (USD Million)
      1. Foundry
      2. Smelting
      3. Aviation
      4. Marine
      5. Mining
      6. Others
    4. Non-Flammable Hydraulic Fluids Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Exxon Mobil Corporation
      2. Shell Global Solutions
      3. Eastman Chemical Company
      4. BASF SE
      5. Chevron Corporation
      6. Quaker Chemical Corporation
      7. Castrol (BP plc)
  7. Analyst Views
  8. Future Outlook of the Market