Market Overview:
The global cable lubricant market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cable lubricants from various applications such as cables, mill machinery, and others. In addition, the growing demand for heavy-duty lubricants is also contributing to the growth of this market. North America dominates the global cable lubricant market and is expected to continue its dominance during the forecast period.
Product Definition:
Cable lubricant is a substance used to reduce friction between cables and pulleys, usually as part of a cable management system. This can help prolong the life of the cables and keep them moving smoothly.
Heavy-duty Lubricant:
Heavy-duty lubricant is a type of grease that is used to reduce friction between moving parts in machines. It can be either water-based or oil-based. They are widely used in industries such as automotive, construction equipment, and manufacturing plants among others owing to their ability to withstand extreme temperatures and pressures along with providing high durability for the machine they are installed in.
Cable Blowing Lubricant:
Cable Blowing Lubricant is a special type of lubricating oil that is used to remove the rust from power cables. It consists of several properties such as low volatility, high viscosity index, and resistance to oxidation which make it an ideal product for cable lubrication. The growth in offshore wind farms along with rising investments in renewable energy sources has led to an increase in demand for this product over the past few years and trend is expected to continue over the forecast period.
Application Insights:
Cable application segment led the global market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-speed data transfer services across the globe coupled with rising investments by telecom companies in developing countries including China, India and Brazil.
Mill machinery segment is anticipated to witness significant growth over the forecast period owing to growing demand for steel from various industries including construction and automotive which requires huge amount of metalworking fluids such as oils, greases & pastes along with abrasives for producing high quality products. These factors are likely to increase product penetration in milling applications globally which will have a positive impact on industry growth over next few years.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand from end-users such as power, oil & gas, construction, mining machinery and others. China is one of the leading countries for manufacturing cable lubricants owing to availability of raw materials such as paraffin waxes and base stock for production at economical prices.
The Asia Pacific has been witnessing strong economic growth on account of rapid industrialization coupled with supportive government policies aimed at boosting investments in various sectors including energy & power, transportation & logistics industry. This factor is anticipated to boost product demand over the forecast period. In addition, rising awareness regarding occupational hazards among employees due to contact with sharp metal edges during maintenance activities will also drive regional market growth over the next eight years (2018 - 2030).
Growth Factors:
- Increasing demand from automotive and transportation industry for cable lubricant owing to its properties such as thermal stability, low volatility, and resistance to oxidation.
- Rising demand for electric vehicles which require efficient and reliable cables that can function in extreme conditions.
- Growing popularity of lithium-ion batteries as a power source for electric vehicles is expected to boost the market growth for cable lubricant over the forecast period.
- Increasing investments in research & development by key players to develop new products with better performance characteristics is likely to propel the market growth in future years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Cable Lubricant Market Research Report
By Type
Heavy-duty Lubricant, Cable Blowing Lubricant
By Application
Cable, Mill Machinery, Others
By Companies
Phillips, THORNE & DERRICK, JAX, Renewable Lubricants, Inc., Seton, IDEAL, PennWhite, Hefei Jinghui Chemical Research Institute
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Cable Lubricant Market Report Segments:
The global Cable Lubricant market is segmented on the basis of:
Types
Heavy-duty Lubricant, Cable Blowing Lubricant
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cable, Mill Machinery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Phillips
- THORNE & DERRICK
- JAX
- Renewable Lubricants, Inc.
- Seton
- IDEAL
- PennWhite
- Hefei Jinghui Chemical Research Institute
Highlights of The Cable Lubricant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Heavy-duty Lubricant
- Cable Blowing Lubricant
- By Application:
- Cable
- Mill Machinery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cable Lubricant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cable lubricant is a type of lubricant used on cables to prevent them from becoming stuck together. It is also used to reduce friction and wear between the cable and the connector.
Some of the key players operating in the cable lubricant market are Phillips, THORNE & DERRICK, JAX, Renewable Lubricants, Inc., Seton, IDEAL, PennWhite, Hefei Jinghui Chemical Research Institute.
The cable lubricant market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cable Lubricant Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cable Lubricant Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cable Lubricant Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cable Lubricant Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cable Lubricant Market Size & Forecast, 2020-2028 4.5.1 Cable Lubricant Market Size and Y-o-Y Growth 4.5.2 Cable Lubricant Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Heavy-duty Lubricant
5.2.2 Cable Blowing Lubricant
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Cable
6.2.2 Mill Machinery
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cable Lubricant Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cable Lubricant Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Heavy-duty Lubricant
9.6.2 Cable Blowing Lubricant
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Cable
9.10.2 Mill Machinery
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Heavy-duty Lubricant
10.6.2 Cable Blowing Lubricant
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Cable
10.10.2 Mill Machinery
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Heavy-duty Lubricant
11.6.2 Cable Blowing Lubricant
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Cable
11.10.2 Mill Machinery
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Heavy-duty Lubricant
12.6.2 Cable Blowing Lubricant
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Cable
12.10.2 Mill Machinery
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Heavy-duty Lubricant
13.6.2 Cable Blowing Lubricant
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Cable
13.10.2 Mill Machinery
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cable Lubricant Market: Competitive Dashboard
14.2 Global Cable Lubricant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Phillips
14.3.2 THORNE & DERRICK
14.3.3 JAX
14.3.4 Renewable Lubricants, Inc.
14.3.5 Seton
14.3.6 IDEAL
14.3.7 PennWhite
14.3.8 Hefei Jinghui Chemical Research Institute