The global commercial oil extraction machine size is estimated to reach USD 11,800 Million in 2023. Furthermore, with rising production and export of various types of oils across the world, the overall demand for commercial oil equipment machines is projected to rise at 3.8% CAGR between 2023 to 2033 totaling a valuation of USD 17,133.9 Million by 2033.
Commercial oil extraction machines are equipment designed for the production and extraction of oils from peanut, coconut, sesame, almond, mustard, soybean seed, walnut, sunflower seed, etc. These machines come in different sizes and enable users to extract various oils from various types of sources.
The rising production and export of oil produced from vegetables, peanuts, almonds, and sunflowers, among other things, from China, India, and other developing economies around the world are likely to be a major driving force for the commercial seed oil extraction machine market.
As the scale of edible oil production grows, demand for autonomous commercial oil extraction machines is predicted to climb during the forecast timeframe. Commercial oil extraction equipment that is fully automated saves energy and reduces land use and labor costs.
Similarly, increasing usage of oil expellers in a variety of end-user sectors, such as agriculture, pharmaceutical, food processing, and cosmetics will swiftly drive the global commercial oil extraction machine market forward during the projection period.
Furthermore, increased demand for cooking oil among a large population base across various regions, technological advancements in oil extraction machines, and growing demand for substitute edible oils are expected to boost sales in the market.
| Attribute | Key Statistics |
|---|---|
| Commercial Oil Extraction Machine Market Estimated Value (2023) | USD 11,800 Million |
| Projected Market Value (2033) | USD 17,133.9 Million |
| Value-based CAGR (2023 to 2033) | 3.8% |
| Market Share of China in Asia pacific | 31% |
The global demand sales of commercial oil extraction is poised to grow at 3.8% CAGR between 2023 and 2033 in comparison to the 5.9% CAGR registered during the historical period from 2018 to 2022.
Rising usage of oils across households, pharmaceutical companies, the food service industry, and the cosmetics sector is a key factor driving the global commercial oil extraction machine market and the trend is likely to continue during the forecast period.
Similarly, increasing export of various types of oils and advancements in oil extraction machines are expected to boost the global oil extraction machine market during the next ten years.
Furthermore, strong demand for organic products as well as growing consumption of high-quality cooking oils by health-conscious customers will aid in the expansion of the commercial oil extraction machine market.
Regionally, North America dominates the global commercial oil extraction machine market owing to the rising adoption of advanced oil extraction machines across the pharmaceutical, cosmetic, and food processing industries.
Rapid Growth of the Food Service Industry Boosting the Commercial Oil Extraction Machine Market
According to FMI, the rapid expansion of the food service industry across the globe is expected to boost the global commercial oil extraction machine market during the forecast period.
In recent years, there has been a rapid surge in demand for processed food products, especially across developed and developing regions due to changing lifestyles, increasing disposable income, and robust urbanization.
Food manufacturing companies use edible oils for preparing various types of food products. Thus, the growing consumption of oils across the thriving food service industry will prompt manufacturers to increase their production, which will eventually aid in the expansion of the global commercial oil extraction machine market.
Growing Popularity of Healthy Oils to Boost Market in the USA
As per FMI, the USA commercial oil extraction machine market is anticipated to grow at a moderate pace during the forecast period owing to the rising adoption of these machines across thriving pharmaceutical and food processing industries.
Similarly, the growing popularity of oils such as olive and canola oil among the American population due to their nutritional benefits is expected to boost the USA oil extraction machine market during the next ten years.
In recent years, there has been a spike in lifestyle diseases across the USA due to which demand for alternative oils like olive and canola has skyrocketed and the trend is likely to continue during the projection period. This in turn will positively influence the commercial oil extraction machine sales in the country.
Increasing Production of Oilseeds Pushing Demand in India
The commercial oil extraction machine market in India is poised to exhibit strong growth during the next ten years, owing to the rising usage of various types of oils across households and the food service industry.
India is one of the largest producers of oilseeds in the world. As per the 3rd Advance Estimates released by the Ministry of Agriculture in May 2021, this sector occupies an important position in the agricultural economy, accounting for the estimated production of 36.56 million tons of nine cultivated oilseeds from 2020 to 2021 (November-October). This is playing a key role in driving the commercial oil extraction machine market in the country.
Similarly, increased demand for oil extracted from almonds, mustard, coconut, and other sources is expected to drive demand for industrial seed oil extraction machines during the projected period.
Growing Production and Consumption of Edible Vegetable Oil Driving Market in China
According to FMI, China is a major manufacturer of industrial seed oil extraction machines, and it is expected to grow at a quick pace over the forecast period, owing to the rapid increase in edible oil production and demand for extracted oil.
Edible vegetable oil is mostly consumed by food manufacturers and caterers in China, with different varieties of edible vegetable oil having different user groups. Because rapeseed and soybean oil consumption is larger and expanding in China, more products serving press and oil mill machinery will be in higher demand for the foreseeable future.
Demand to Remain High for Automatic Commercial Oil Extraction Machines in 2023 & Beyond
By type, the automatic commercial oil extraction machines segment is expected to grow at the highest pace during the forecast period, owing to the rising end-user preference for these high-performance machines.
Automatic commercial oil extraction machines are incredibly easy to use and significantly improve the productivity of processes. They save energy and reduce the need for human intervention. As a result, they are gaining immense popularity across the world.
The quickly changing technical environment is prompting key commercial oil extraction machine manufacturers to refresh their product portfolio regularly. As a result, they are introducing new and advanced oil extraction machines. Besides this, they are adopting strategies such as partnerships, mergers, acquisitions, and collaborations to expand their global footprint. For instance,
The ever increasing demand for various types of oils across diverse industries has tempted various companies to experiment with oil-extracting machinery. As a result, there has been a substantial increase in the number of start-ups during the last few decades. One such company is Shreeji Expeller Industries.
Founded in 1992 by Naresh Kumar Goyal, Shreeji Expeller Industries has emerged as an internationally reputed manufacturer and exporter of all types of oil extraction machinery and components necessary for extracting oil from various sources.
The company offers different commercial oil extraction machines for industries like pharmaceuticals, cosmetics, and food processing.
Similarly, Shreeja Health Care Products has become an ideal destination for end users looking to get highly efficient commercial oil extraction machines. Headquartered in Surat, Gujrat, India, Shreeja Health Care Products was founded in 2016.
The company manufactures and exports oil maker machines, oil extraction machines, mini commercial and commercial oil machines, wooden Ghani, and filter presses.
| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | USD 11,800 Million |
| Projected Market Size (2033) | USD 17,133.9 Million |
| Anticipated Growth Rate (2023 to 2033) | 3.8% CAGR |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Million for Value and Units for Volume |
| Key Regions Covered | North America; Europe; Asia Pacific; Middle East; South America |
| Key Countries Covered | USA, Canada, Mexico, Germany, UK, France, Italy, Russia, Turkey, Spain, China, Japan, Korea, India, Bangladesh, South Africa |
| Key Segments Covered | Type, Capacity, Application, End User, Region |
| Key Companies Profiled | Gobind Expellers Company; United Oil Mill Machinery & Spares ; Private Ltd.; Shree Balaji Engineering Works; Goyum Screw Press; Shreeji Expeller Industries; ANDAVAR The Oil Mill Solution; Gongyi Wanlong Machinery ; Manufacturing CO.Ltd; ColdPressTech; Crown Iron Works; French Oil Mill Machinery Co.; Gorek Technologies; Henan Double Elephants Machinery I/E ; Co., Ltd.; MASCHINENFABRIK REINARTZ GMBH & ; CO. KG; Seed2Oil; TINYTECH UDYOG; Zhengzhou Sinoder Indutech Machinery ; Co., Ltd.; Insta-pro International |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Global Market Volume (MT) Forecast by Region, 2018 to 2033
Table 3: Global Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 4: Global Market Volume (MT) Forecast by Type, 2018 to 2033
Table 5: Global Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 6: Global Market Volume (MT) Forecast by Capacity, 2018 to 2033
Table 7: Global Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 8: Global Market Volume (MT) Forecast by Application, 2018 to 2033
Table 9: Global Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 10: Global Market Volume (MT) Forecast by End User, 2018 to 2033
Table 11: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 12: North America Market Volume (MT) Forecast by Country, 2018 to 2033
Table 13: North America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 14: North America Market Volume (MT) Forecast by Type, 2018 to 2033
Table 15: North America Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 16: North America Market Volume (MT) Forecast by Capacity, 2018 to 2033
Table 17: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 18: North America Market Volume (MT) Forecast by Application, 2018 to 2033
Table 19: North America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 20: North America Market Volume (MT) Forecast by End User, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: Latin America Market Volume (MT) Forecast by Country, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 24: Latin America Market Volume (MT) Forecast by Type, 2018 to 2033
Table 25: Latin America Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 26: Latin America Market Volume (MT) Forecast by Capacity, 2018 to 2033
Table 27: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 28: Latin America Market Volume (MT) Forecast by Application, 2018 to 2033
Table 29: Latin America Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 30: Latin America Market Volume (MT) Forecast by End User, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: Europe Market Volume (MT) Forecast by Country, 2018 to 2033
Table 33: Europe Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 34: Europe Market Volume (MT) Forecast by Type, 2018 to 2033
Table 35: Europe Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 36: Europe Market Volume (MT) Forecast by Capacity, 2018 to 2033
Table 37: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 38: Europe Market Volume (MT) Forecast by Application, 2018 to 2033
Table 39: Europe Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 40: Europe Market Volume (MT) Forecast by End User, 2018 to 2033
Table 41: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: East Asia Market Volume (MT) Forecast by Country, 2018 to 2033
Table 43: East Asia Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 44: East Asia Market Volume (MT) Forecast by Type, 2018 to 2033
Table 45: East Asia Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 46: East Asia Market Volume (MT) Forecast by Capacity, 2018 to 2033
Table 47: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 48: East Asia Market Volume (MT) Forecast by Application, 2018 to 2033
Table 49: East Asia Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 50: East Asia Market Volume (MT) Forecast by End User, 2018 to 2033
Table 51: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 52: South Asia Market Volume (MT) Forecast by Country, 2018 to 2033
Table 53: South Asia Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 54: South Asia Market Volume (MT) Forecast by Type, 2018 to 2033
Table 55: South Asia Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 56: South Asia Market Volume (MT) Forecast by Capacity, 2018 to 2033
Table 57: South Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 58: South Asia Market Volume (MT) Forecast by Application, 2018 to 2033
Table 59: South Asia Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 60: South Asia Market Volume (MT) Forecast by End User, 2018 to 2033
Table 61: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 62: Oceania Market Volume (MT) Forecast by Country, 2018 to 2033
Table 63: Oceania Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 64: Oceania Market Volume (MT) Forecast by Type, 2018 to 2033
Table 65: Oceania Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 66: Oceania Market Volume (MT) Forecast by Capacity, 2018 to 2033
Table 67: Oceania Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 68: Oceania Market Volume (MT) Forecast by Application, 2018 to 2033
Table 69: Oceania Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 70: Oceania Market Volume (MT) Forecast by End User, 2018 to 2033
Table 71: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 72: MEA Market Volume (MT) Forecast by Country, 2018 to 2033
Table 73: MEA Market Value (US$ Million) Forecast by Type, 2018 to 2033
Table 74: MEA Market Volume (MT) Forecast by Type, 2018 to 2033
Table 75: MEA Market Value (US$ Million) Forecast by Capacity, 2018 to 2033
Table 76: MEA Market Volume (MT) Forecast by Capacity, 2018 to 2033
Table 77: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 78: MEA Market Volume (MT) Forecast by Application, 2018 to 2033
Table 79: MEA Market Value (US$ Million) Forecast by End User, 2018 to 2033
Table 80: MEA Market Volume (MT) Forecast by End User, 2018 to 2033
Figure 1: Global Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 2: Global Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 3: Global Market Value (US$ Million) by Application, 2023 to 2033
Figure 4: Global Market Value (US$ Million) by End-User, 2023 to 2033
Figure 5: Global Market Value (US$ Million) by Region, 2023 to 2033
Figure 6: Global Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 7: Global Market Volume(Units) Analysis by Region, 2018 to 2033
Figure 8: Global Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 9: Global Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 10: Global Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 11: Global Market Volume(Units) Analysis by Product Type, 2018 to 2033
Figure 12: Global Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 13: Global Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 14: Global Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 15: Global Market Volume(Units) Analysis by Capacity, 2018 to 2033
Figure 16: Global Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 17: Global Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 18: Global Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 19: Global Market Volume(Units) Analysis by Application, 2018 to 2033
Figure 20: Global Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 21: Global Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 22: Global Market Value (US$ Million) Analysis by End-User, 2018 to 2033
Figure 23: Global Market Volume(Units) Analysis by End-User, 2018 to 2033
Figure 24: Global Market Value Share (%) and BPS Analysis by End-User, 2023 to 2033
Figure 25: Global Market Y-o-Y Growth (%) Projections by End-User, 2023 to 2033
Figure 26: Global Market Attractiveness by Product Type, 2023 to 2033
Figure 27: Global Market Attractiveness by Capacity, 2023 to 2033
Figure 28: Global Market Attractiveness by Application, 2023 to 2033
Figure 29: Global Market Attractiveness by End-User, 2023 to 2033
Figure 30: Global Market Attractiveness by Region, 2023 to 2033
Figure 31: North America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 32: North America Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 33: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 34: North America Market Value (US$ Million) by End-User, 2023 to 2033
Figure 35: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 36: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 37: North America Market Volume(Units) Analysis by Country, 2018 to 2033
Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 40: North America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 41: North America Market Volume(Units) Analysis by Product Type, 2018 to 2033
Figure 42: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 43: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 44: North America Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 45: North America Market Volume(Units) Analysis by Capacity, 2018 to 2033
Figure 46: North America Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 47: North America Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 48: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 49: North America Market Volume(Units) Analysis by Application, 2018 to 2033
Figure 50: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 51: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 52: North America Market Value (US$ Million) Analysis by End-User, 2018 to 2033
Figure 53: North America Market Volume(Units) Analysis by End-User, 2018 to 2033
Figure 54: North America Market Value Share (%) and BPS Analysis by End-User, 2023 to 2033
Figure 55: North America Market Y-o-Y Growth (%) Projections by End-User, 2023 to 2033
Figure 56: North America Market Attractiveness by Product Type, 2023 to 2033
Figure 57: North America Market Attractiveness by Capacity, 2023 to 2033
Figure 58: North America Market Attractiveness by Application, 2023 to 2033
Figure 59: North America Market Attractiveness by End-User, 2023 to 2033
Figure 60: North America Market Attractiveness by Country, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 62: Latin America Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 63: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 64: Latin America Market Value (US$ Million) by End-User, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 66: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 67: Latin America Market Volume(Units) Analysis by Country, 2018 to 2033
Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 70: Latin America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 71: Latin America Market Volume(Units) Analysis by Product Type, 2018 to 2033
Figure 72: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 73: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 74: Latin America Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 75: Latin America Market Volume(Units) Analysis by Capacity, 2018 to 2033
Figure 76: Latin America Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 77: Latin America Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 78: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 79: Latin America Market Volume(Units) Analysis by Application, 2018 to 2033
Figure 80: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 82: Latin America Market Value (US$ Million) Analysis by End-User, 2018 to 2033
Figure 83: Latin America Market Volume(Units) Analysis by End-User, 2018 to 2033
Figure 84: Latin America Market Value Share (%) and BPS Analysis by End-User, 2023 to 2033
Figure 85: Latin America Market Y-o-Y Growth (%) Projections by End-User, 2023 to 2033
Figure 86: Latin America Market Attractiveness by Product Type, 2023 to 2033
Figure 87: Latin America Market Attractiveness by Capacity, 2023 to 2033
Figure 88: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 89: Latin America Market Attractiveness by End-User, 2023 to 2033
Figure 90: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 91: Europe Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 92: Europe Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 93: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 94: Europe Market Value (US$ Million) by End-User, 2023 to 2033
Figure 95: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 96: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 97: Europe Market Volume(Units) Analysis by Country, 2018 to 2033
Figure 98: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 99: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 100: Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 101: Europe Market Volume(Units) Analysis by Product Type, 2018 to 2033
Figure 102: Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 103: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 104: Europe Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 105: Europe Market Volume(Units) Analysis by Capacity, 2018 to 2033
Figure 106: Europe Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 107: Europe Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 108: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 109: Europe Market Volume(Units) Analysis by Application, 2018 to 2033
Figure 110: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 111: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 112: Europe Market Value (US$ Million) Analysis by End-User, 2018 to 2033
Figure 113: Europe Market Volume(Units) Analysis by End-User, 2018 to 2033
Figure 114: Europe Market Value Share (%) and BPS Analysis by End-User, 2023 to 2033
Figure 115: Europe Market Y-o-Y Growth (%) Projections by End-User, 2023 to 2033
Figure 116: Europe Market Attractiveness by Product Type, 2023 to 2033
Figure 117: Europe Market Attractiveness by Capacity, 2023 to 2033
Figure 118: Europe Market Attractiveness by Application, 2023 to 2033
Figure 119: Europe Market Attractiveness by End-User, 2023 to 2033
Figure 120: Europe Market Attractiveness by Country, 2023 to 2033
Figure 121: East Asia Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 122: East Asia Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 123: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 124: East Asia Market Value (US$ Million) by End-User, 2023 to 2033
Figure 125: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 126: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 127: East Asia Market Volume(Units) Analysis by Country, 2018 to 2033
Figure 128: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 129: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 130: East Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 131: East Asia Market Volume(Units) Analysis by Product Type, 2018 to 2033
Figure 132: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 133: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 134: East Asia Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 135: East Asia Market Volume(Units) Analysis by Capacity, 2018 to 2033
Figure 136: East Asia Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 137: East Asia Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 138: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 139: East Asia Market Volume(Units) Analysis by Application, 2018 to 2033
Figure 140: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 141: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 142: East Asia Market Value (US$ Million) Analysis by End-User, 2018 to 2033
Figure 143: East Asia Market Volume(Units) Analysis by End-User, 2018 to 2033
Figure 144: East Asia Market Value Share (%) and BPS Analysis by End-User, 2023 to 2033
Figure 145: East Asia Market Y-o-Y Growth (%) Projections by End-User, 2023 to 2033
Figure 146: East Asia Market Attractiveness by Product Type, 2023 to 2033
Figure 147: East Asia Market Attractiveness by Capacity, 2023 to 2033
Figure 148: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 149: East Asia Market Attractiveness by End-User, 2023 to 2033
Figure 150: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 151: South Asia Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 152: South Asia Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 153: South Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 154: South Asia Market Value (US$ Million) by End-User, 2023 to 2033
Figure 155: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 156: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 157: South Asia Market Volume(Units) Analysis by Country, 2018 to 2033
Figure 158: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 159: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 160: South Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 161: South Asia Market Volume(Units) Analysis by Product Type, 2018 to 2033
Figure 162: South Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 163: South Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 164: South Asia Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 165: South Asia Market Volume(Units) Analysis by Capacity, 2018 to 2033
Figure 166: South Asia Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 167: South Asia Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 168: South Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 169: South Asia Market Volume(Units) Analysis by Application, 2018 to 2033
Figure 170: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 171: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 172: South Asia Market Value (US$ Million) Analysis by End-User, 2018 to 2033
Figure 173: South Asia Market Volume(Units) Analysis by End-User, 2018 to 2033
Figure 174: South Asia Market Value Share (%) and BPS Analysis by End-User, 2023 to 2033
Figure 175: South Asia Market Y-o-Y Growth (%) Projections by End-User, 2023 to 2033
Figure 176: South Asia Market Attractiveness by Product Type, 2023 to 2033
Figure 177: South Asia Market Attractiveness by Capacity, 2023 to 2033
Figure 178: South Asia Market Attractiveness by Application, 2023 to 2033
Figure 179: South Asia Market Attractiveness by End-User, 2023 to 2033
Figure 180: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 181: Oceania Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 182: Oceania Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 183: Oceania Market Value (US$ Million) by Application, 2023 to 2033
Figure 184: Oceania Market Value (US$ Million) by End-User, 2023 to 2033
Figure 185: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 186: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 187: Oceania Market Volume(Units) Analysis by Country, 2018 to 2033
Figure 188: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 189: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 190: Oceania Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 191: Oceania Market Volume(Units) Analysis by Product Type, 2018 to 2033
Figure 192: Oceania Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 193: Oceania Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 194: Oceania Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 195: Oceania Market Volume(Units) Analysis by Capacity, 2018 to 2033
Figure 196: Oceania Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 197: Oceania Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 198: Oceania Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 199: Oceania Market Volume(Units) Analysis by Application, 2018 to 2033
Figure 200: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 201: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 202: Oceania Market Value (US$ Million) Analysis by End-User, 2018 to 2033
Figure 203: Oceania Market Volume(Units) Analysis by End-User, 2018 to 2033
Figure 204: Oceania Market Value Share (%) and BPS Analysis by End-User, 2023 to 2033
Figure 205: Oceania Market Y-o-Y Growth (%) Projections by End-User, 2023 to 2033
Figure 206: Oceania Market Attractiveness by Product Type, 2023 to 2033
Figure 207: Oceania Market Attractiveness by Capacity, 2023 to 2033
Figure 208: Oceania Market Attractiveness by Application, 2023 to 2033
Figure 209: Oceania Market Attractiveness by End-User, 2023 to 2033
Figure 210: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 211: MEA Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 212: MEA Market Value (US$ Million) by Capacity, 2023 to 2033
Figure 213: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 214: MEA Market Value (US$ Million) by End-User, 2023 to 2033
Figure 215: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 216: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 217: MEA Market Volume(Units) Analysis by Country, 2018 to 2033
Figure 218: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 219: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 220: MEA Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 221: MEA Market Volume(Units) Analysis by Product Type, 2018 to 2033
Figure 222: MEA Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 223: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 224: MEA Market Value (US$ Million) Analysis by Capacity, 2018 to 2033
Figure 225: MEA Market Volume(Units) Analysis by Capacity, 2018 to 2033
Figure 226: MEA Market Value Share (%) and BPS Analysis by Capacity, 2023 to 2033
Figure 227: MEA Market Y-o-Y Growth (%) Projections by Capacity, 2023 to 2033
Figure 228: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 229: MEA Market Volume(Units) Analysis by Application, 2018 to 2033
Figure 230: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 231: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 232: MEA Market Value (US$ Million) Analysis by End-User, 2018 to 2033
Figure 233: MEA Market Volume(Units) Analysis by End-User, 2018 to 2033
Figure 234: MEA Market Value Share (%) and BPS Analysis by End-User, 2023 to 2033
Figure 235: MEA Market Y-o-Y Growth (%) Projections by End-User, 2023 to 2033
Figure 236: MEA Market Attractiveness by Product Type, 2023 to 2033
Figure 237: MEA Market Attractiveness by Capacity, 2023 to 2033
Figure 238: MEA Market Attractiveness by Application, 2023 to 2033
Figure 239: MEA Market Attractiveness by End-User, 2023 to 2033
Figure 240: MEA Market Attractiveness by Country, 2023 to 2033
The market is valued at USD 11,800 million in 2023.
The market’s CAGR from 2023 to 2033 will be 3.8%.
A 6.7% CAGR is projected in North America throughout 2033.
United States, China, the United Kingdom, France, and Germany play a key role.
A 4.6% CAGR is projected for Mexico's market by 2033.
By 2033, the market will expand at a 3.3% CAGR.
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