Global Hydraulic Equipment market 2015-2019
Global Hydraulic Equipment market to grow at a CAGR of 4.54 percent over the period 2015-2019.
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Equipment that uses pressurized fluid to operate various machine operations is hydraulic equipment. Normally, a pump or an engine is used to drive the equipment that pressurizes the hydraulic fluid. Hydraulic equipment increases the operational efficiency of machines. Pumps, motors, valves, and cylinders are the hydraulic equipment that is used by various industries such as Automotive, Construction, Agriculture, Plastic, Metallurgical, and Oil and Petrochemical. Several types of fluid are used in hydraulic equipment including synthetic fire-resistant fluids, phosphate ester fire-resistant fluids, and petroleum-based fluids.
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