Market Overview:
The global hydro lubricants 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 hydro lubricants in various applications, such as industrial gearbox, electric vehicle, bearing and others. In terms of type, the water-based segment is expected to dominate the global hydro lubricants market during the forecast period. This can be attributed to its properties such as high thermal stability and low volatility which make it suitable for use in various applications.
Product Definition:
A hydro lubricant is a liquid that is used to reduce friction between two surfaces. Hydro lubricants can be used in a variety of applications, including automotive engines, industrial machinery, and aerospace equipment. Hydro lubricants are important because they can help reduce wear and tear on machinery, which can lead to increased longevity and decreased maintenance costs.
Water-Based:
Water-based lubricants (WBL) are widely used in the hydrocarbon industry owing to their environment-friendly nature. These products are anticipated to witness significant growth over the forecast period on account of rising concerns regarding toxic effects associated with petroleum and synthetic lubricants. WBLs have been gaining importance as they do not contain any solvents, which makes them ideal for applications where solvent-based lubricants would be hazardous or inappropriate.
Oil-Based:
Oil-based lubricants are widely used in the hydrocarbon industry owing to their properties such as high viscosity, thermal stability and biodegradability. Owing to these characteristics they find application in various end-use industries including automotive, construction equipment and machinery, industrial equipment & tools manufacturing among others.
Application Insights:
The bearing application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. The increasing demand for bearings in various industries, such as automotive, construction and mining, is expected to drive product demand. In addition, growing infrastructure investments across developing countries are anticipated to augment industry growth over the coming years.
The electric vehicle segment is projected to witness high penetration of oil-based products due to their superior performance compared with water-based fluids. Oil-based formulations provide better viscosity stability at elevated temperatures which results in improved efficiency and longer life of electric motors used in vehicles ranging from passenger cars to heavy commercial vehicles (HCVs).
Regional Analysis:
Asia Pacific accounted for the largest share of over 40% in 2017. The region is expected to witness significant growth on account of increasing industrialization and rising demand for efficient machinery & equipment in various applications including construction, mining, food processing, textile industry and automotive.
The growing manufacturing sector coupled with rapid urbanization across emerging economies such as China and India is anticipated to drive the market further. In addition, supportive government policies aimed at promoting domestic manufacturing activities are likely to contribute towards increased production volumes of hydro-lubricants over the forecast period.
Growth Factors:
- Increasing demand from the automotive and transportation sector: The global automotive and transportation sector is growing at a rapid pace, owing to the increasing population and rising income levels in developing countries. This is resulting in an increase in the demand for Hydro Lubricants products, as they are used extensively in these sectors for various applications such as engine lubrication, gear oils, brake fluids, etc.
- Growing awareness about the benefits of Hydro Lubricants: There is a growing awareness among consumers about the benefits of using Hydro Lubricants products over traditional mineral oil-based lubricants. This is mainly due to their superior performance characteristics such as high thermal stability, low volatility, etc., which leads to better fuel efficiency and reduced emissions.
- Technological advancements: The hydrostatic transmission market is witnessing rapid advancements with respect to technology and product innovation. This has led to an increase in demand for Hydro Lubricants products that can meet the stringent performance requirements of these systems.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydro Lubricants Market Research Report
By Type
Water-Based, Oil-Based
By Application
Industrial Gearbox, Electric Vehicle, Bearing, Others
By Companies
Klüber Lubrication, ExxonMobil, Sinopec, Dow, Geo Specialty Chemicals, Croda International, Condat, Metalworking Lubricants, Klüber Lubrication
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Hydro Lubricants Market Report Segments:
The global Hydro Lubricants market is segmented on the basis of:
Types
Water-Based, Oil-Based
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
Industrial Gearbox, Electric Vehicle, Bearing, 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:
- Klüber Lubrication
- ExxonMobil
- Sinopec
- Dow
- Geo Specialty Chemicals
- Croda International
- Condat
- Metalworking Lubricants
- Klüber Lubrication
Highlights of The Hydro Lubricants 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:
- Water-Based
- Oil-Based
- By Application:
- Industrial Gearbox
- Electric Vehicle
- Bearing
- 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 Hydro Lubricants 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?
Hydro Lubricants are a type of lubricant that is made up of water and oil. They are used to reduce friction between moving parts, which can help improve the performance of machines.
Some of the key players operating in the hydro lubricants market are Kl¼ber Lubrication, ExxonMobil, Sinopec, Dow, Geo Specialty Chemicals, Croda International, Condat, Metalworking Lubricants, Kl¼ber Lubrication.
The hydro lubricants 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 Hydro Lubricants 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 Hydro Lubricants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydro Lubricants 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 Hydro Lubricants 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 Hydro Lubricants Market Size & Forecast, 2018-2028
4.5.1 Hydro Lubricants Market Size and Y-o-Y Growth
4.5.2 Hydro Lubricants Market Absolute $ Opportunity
Chapter 5 Global Hydro Lubricants 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 Hydro Lubricants Market Size Forecast by Type
5.2.1 Water-Based
5.2.2 Oil-Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hydro Lubricants 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 Hydro Lubricants Market Size Forecast by Applications
6.2.1 Industrial Gearbox
6.2.2 Electric Vehicle
6.2.3 Bearing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydro Lubricants 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 Hydro Lubricants 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 Hydro Lubricants Analysis and Forecast
9.1 Introduction
9.2 North America Hydro Lubricants 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 Hydro Lubricants Market Size Forecast by Type
9.6.1 Water-Based
9.6.2 Oil-Based
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 Hydro Lubricants Market Size Forecast by Applications
9.10.1 Industrial Gearbox
9.10.2 Electric Vehicle
9.10.3 Bearing
9.10.4 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 Hydro Lubricants Analysis and Forecast
10.1 Introduction
10.2 Europe Hydro Lubricants 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 Hydro Lubricants Market Size Forecast by Type
10.6.1 Water-Based
10.6.2 Oil-Based
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 Hydro Lubricants Market Size Forecast by Applications
10.10.1 Industrial Gearbox
10.10.2 Electric Vehicle
10.10.3 Bearing
10.10.4 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 Hydro Lubricants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hydro Lubricants 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 Hydro Lubricants Market Size Forecast by Type
11.6.1 Water-Based
11.6.2 Oil-Based
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 Hydro Lubricants Market Size Forecast by Applications
11.10.1 Industrial Gearbox
11.10.2 Electric Vehicle
11.10.3 Bearing
11.10.4 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 Hydro Lubricants Analysis and Forecast
12.1 Introduction
12.2 Latin America Hydro Lubricants 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 Hydro Lubricants Market Size Forecast by Type
12.6.1 Water-Based
12.6.2 Oil-Based
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 Hydro Lubricants Market Size Forecast by Applications
12.10.1 Industrial Gearbox
12.10.2 Electric Vehicle
12.10.3 Bearing
12.10.4 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) Hydro Lubricants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hydro Lubricants 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) Hydro Lubricants Market Size Forecast by Type
13.6.1 Water-Based
13.6.2 Oil-Based
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) Hydro Lubricants Market Size Forecast by Applications
13.10.1 Industrial Gearbox
13.10.2 Electric Vehicle
13.10.3 Bearing
13.10.4 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 Hydro Lubricants Market: Competitive Dashboard
14.2 Global Hydro Lubricants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Klüber Lubrication
14.3.2 ExxonMobil
14.3.3 Sinopec
14.3.4 Dow
14.3.5 Geo Specialty Chemicals
14.3.6 Croda International
14.3.7 Condat
14.3.8 Metalworking Lubricants
14.3.9 Klüber Lubrication
