Product Code: ETC6186648 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australias oil extraction equipment market spans various industries, including mining, food processing, and pharmaceuticals. In the food sector, the focus is on cold-press and solvent-based oil extraction machines for products like olive oil, canola oil, and essential oils. The mining and industrial sectors continue to use large-scale oil extraction units for lubricants and processing fluids. With sustainability concerns on the rise, there is growing interest in energy-efficient and low-emission extraction technologies. Technological advancements are enhancing yield, purity, and automation in equipment performance. Startups and SMEs are also investing in compact, user-friendly machines to support artisanal and small-batch oil production.
The oil extraction equipment market in Australia is growing as the demand for more efficient and cost-effective methods of extracting oil, particularly from unconventional sources such as shale and tight oil, rises. Advancements in technology, such as hydraulic fracturing (fracking) and horizontal drilling, have driven the need for specialized extraction equipment that can handle the complexities of these resources. In addition, there is a growing emphasis on reducing environmental impacts associated with oil extraction, which is spurring innovations in cleaner and more sustainable extraction methods. The market is also benefiting from the increased interest in biofuels and plant-based oils, which require specialized extraction equipment to maximize yield and quality.
In oil extraction, operators in Australia demand highly efficient, reliable, and environmentally compliant equipment, but delivering these solutions is costly. As oilfields become more complex and less accessible, extraction machinery must operate under extreme conditions, raising R&D and maintenance costs. Stricter emissions standards mean equipment must be more energy-efficient, pushing technological upgrades. Companies also face supply chain disruptions for specialized materials. The need for automated, IoT-enabled extraction systems adds another layer of complexity.
The oil extraction equipment market in Australia is integral to the oil and gas industry, particularly in the context of improving efficiency and maximizing production yields. As Australia continues to focus on both conventional and unconventional oil sources, including tight oil, the demand for specialized oil extraction equipment is growing. Equipment such as hydraulic fracturing pumps, separation units, and filtration systems are essential for efficient extraction and production processes. Additionally, the growing trend toward automation and digitalization in the industry presents new opportunities for equipment providers. Investors should focus on companies that offer advanced, energy-efficient extraction equipment capable of supporting large-scale production operations in both onshore and offshore oil fields.
Oil extraction equipment, such as drilling rigs and pump jacks, is governed by NOPSEMA and state petroleum safety acts to ensure safe, efficient resource development. The Offshore Petroleum and Greenhouse Gas Storage Act outlines mechanical and operational safety standards, and all extraction equipment must meet AS/NZS and API certifications. Government oversight includes periodic inspections, operator training mandates, and equipment lifecycle risk assessments. Local manufacturing of extraction tools is encouraged through supply chain resilience grants and industry innovation programs. Importers must comply with customs safety declarations and demonstrate conformity with environmental and occupational safety laws. Equipment used in onshore projects is also regulated under state mining or petroleum laws. These policies promote responsible, high-standard oil extraction across Australias energy sector.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Oil Extraction Equipment Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Oil Extraction Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Oil Extraction Equipment Market - Industry Life Cycle |
3.4 Australia Oil Extraction Equipment Market - Porter's Five Forces |
3.5 Australia Oil Extraction Equipment Market Revenues & Volume Share, By Extraction Type, 2021 & 2031F |
3.6 Australia Oil Extraction Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Australia Oil Extraction Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Australia Oil Extraction Equipment Market Revenues & Volume Share, By Content, 2021 & 2031F |
4 Australia Oil Extraction Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Oil Extraction Equipment Market Trends |
6 Australia Oil Extraction Equipment Market, By Types |
6.1 Australia Oil Extraction Equipment Market, By Extraction Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Oil Extraction Equipment Market Revenues & Volume, By Extraction Type, 2021- 2031F |
6.1.3 Australia Oil Extraction Equipment Market Revenues & Volume, By Conventional Extraction, 2021- 2031F |
6.1.4 Australia Oil Extraction Equipment Market Revenues & Volume, By Ultrasonic Extraction, 2021- 2031F |
6.2 Australia Oil Extraction Equipment Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Oil Extraction Equipment Market Revenues & Volume, By Super-Critical CO2 Extraction, 2021- 2031F |
6.2.3 Australia Oil Extraction Equipment Market Revenues & Volume, By Ethanol Extraction, 2021- 2031F |
6.2.4 Australia Oil Extraction Equipment Market Revenues & Volume, By Hydrocarbon Extraction, 2021- 2031F |
6.2.5 Australia Oil Extraction Equipment Market Revenues & Volume, By Solvent-Less Extraction, 2021- 2031F |
6.2.6 Australia Oil Extraction Equipment Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia Oil Extraction Equipment Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Australia Oil Extraction Equipment Market Revenues & Volume, By Cannabis and Hemp Plant, 2021- 2031F |
6.3.3 Australia Oil Extraction Equipment Market Revenues & Volume, By Recreational cannabis, 2021- 2031F |
6.3.4 Australia Oil Extraction Equipment Market Revenues & Volume, By Medical cannabis, 2021- 2031F |
6.3.5 Australia Oil Extraction Equipment Market Revenues & Volume, By Other, 2021- 2031F |
6.3.6 Australia Oil Extraction Equipment Market Revenues & Volume, By Herbal and Medicinal Plant, 2021- 2031F |
6.3.7 Australia Oil Extraction Equipment Market Revenues & Volume, By Spices and Tea, 2021- 2031F |
6.4 Australia Oil Extraction Equipment Market, By Content |
6.4.1 Overview and Analysis |
6.4.2 Australia Oil Extraction Equipment Market Revenues & Volume, By High Oil Content, 2021- 2031F |
6.4.3 Australia Oil Extraction Equipment Market Revenues & Volume, By Low Oil Content, 2021- 2031F |
7 Australia Oil Extraction Equipment Market Import-Export Trade Statistics |
7.1 Australia Oil Extraction Equipment Market Export to Major Countries |
7.2 Australia Oil Extraction Equipment Market Imports from Major Countries |
8 Australia Oil Extraction Equipment Market Key Performance Indicators |
9 Australia Oil Extraction Equipment Market - Opportunity Assessment |
9.1 Australia Oil Extraction Equipment Market Opportunity Assessment, By Extraction Type, 2021 & 2031F |
9.2 Australia Oil Extraction Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Australia Oil Extraction Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Australia Oil Extraction Equipment Market Opportunity Assessment, By Content, 2021 & 2031F |
10 Australia Oil Extraction Equipment Market - Competitive Landscape |
10.1 Australia Oil Extraction Equipment Market Revenue Share, By Companies, 2024 |
10.2 Australia Oil Extraction Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |