Market Overview:
The global multi-point lubricator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for automatic multi-point lubricators from various industries, such as chemical, metallurgy, paper making and others. Additionally, factors such as rising industrialization and growing investments in manufacturing sectors are also propelling the growth of this market.
Product Definition:
Multi-point lubricator is a device which lubricates multiple points on a machine or equipment. It is used to apply oil or grease at predetermined intervals to sliding surfaces, bearings, gears and other critical areas. Multi-point lubricators improve the reliability and longevity of machines by reducing wear and tear. They are especially important in industrial applications where equipment must run for long periods of time without interruption.
Automatic:
The global automatic lubricator market size was valued at USD 6.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growing demand for multi-point lubrication systems across various industry verticals including automotive, aerospace & defense, and construction is anticipated to drive the growth of this market during the forecast period.
Non-automatic:
Non-automatic lubrication systems are used to provide lubrication in more than one point. It is a system that requires manual intervention for the delivery of oil quantity and quality at regular intervals. The most common example of non-automatic equipment would be an oil change machine, which has a capacity to deliver up to 3,000 ml of oil through a dipstick or spout and also provides an option for adding additional quantities of oils with different viscosities.
Application Insights:
The other application segment includes food and beverage, textile, packaging and others. In 2017, this segment accounted for a share of over 30% in the global multi-point lubricator market. The growth can be attributed to the increasing demand from various industries including paper making, textiles and packaging.
In terms of revenue, chemical manufacturing was the largest application segment in 2017 with a share of over 24%. Chemical manufacturers require high precision when handling chemicals as even slight errors may lead to material degradation or contamination which can potentially affect human health & environment negatively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to increasing demand for multi-point lubricators in countries, such as China and India. The growing chemical industry in these countries is anticipated to boost product demand. In addition, rising investments by various public and private entities are likely to have a positive impact on market growth over the coming years.
The Middle East & Africa region accounted for a significant share of revenue in 2017 due to high oil production levels coupled with extensive refining activities taking place across major economies including Saudi Arabia and UAE. In addition, rapid industrialization along with increasing government spending on infrastructure development is projected favorably impact overall industry growth over the next eight years.
Growth Factors:
- Increasing demand from the automotive industry for multi-point lubricators as a preventive maintenance measure to improve engine performance and life.
- Growing popularity of electric vehicles, which require frequent lubrication for all moving parts, is expected to boost the demand for multi-point lubricators in the coming years.
- Rapid industrialization in emerging economies such as China and India is leading to an increase in the number of manufacturing plants, thereby fueling the growth of the multi-point lubricator market.
- Rising awareness about the benefits of using multi-point lubricators among consumers is propelling its adoption across various industries worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-point Lubricator Market Research Report
By Type
Automatic, Non-automatic
By Application
Chemical, Metallurgy, Paper Making, Other
By Companies
Simatec, SKF, NADELLA, Dropsa, Pulsarlube, Gruetzner GmbH, perma-tec GmbH & Co. KG, MEMOLUB
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Multi-point Lubricator Market Report Segments:
The global Multi-point Lubricator market is segmented on the basis of:
Types
Automatic, Non-automatic
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
Chemical, Metallurgy, Paper Making, Other
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:
- Simatec
- SKF
- NADELLA
- Dropsa
- Pulsarlube
- Gruetzner GmbH
- perma-tec GmbH & Co. KG
- MEMOLUB
Highlights of The Multi-point Lubricator 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:
- Automatic
- Non-automatic
- By Application:
- Chemical
- Metallurgy
- Paper Making
- Other
- 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 Multi-point Lubricator 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?
A Multi-point Lubricator is a device that lubricates multiple points on an object. It can be used to reduce friction and improve the performance of moving parts.
Some of the key players operating in the multi-point lubricator market are Simatec, SKF, NADELLA, Dropsa, Pulsarlube, Gruetzner GmbH, perma-tec GmbH & Co. KG, MEMOLUB.
The multi-point lubricator 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 Multi-point Lubricator 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 Multi-point Lubricator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multi-point Lubricator 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 Multi-point Lubricator 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 Multi-point Lubricator Market Size & Forecast, 2018-2028
4.5.1 Multi-point Lubricator Market Size and Y-o-Y Growth
4.5.2 Multi-point Lubricator Market Absolute $ Opportunity
Chapter 5 Global Multi-point Lubricator 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 Multi-point Lubricator Market Size Forecast by Type
5.2.1 Automatic
5.2.2 Non-automatic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multi-point Lubricator 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 Multi-point Lubricator Market Size Forecast by Applications
6.2.1 Chemical
6.2.2 Metallurgy
6.2.3 Paper Making
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multi-point Lubricator 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 Multi-point Lubricator 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 Multi-point Lubricator Analysis and Forecast
9.1 Introduction
9.2 North America Multi-point Lubricator 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 Multi-point Lubricator Market Size Forecast by Type
9.6.1 Automatic
9.6.2 Non-automatic
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 Multi-point Lubricator Market Size Forecast by Applications
9.10.1 Chemical
9.10.2 Metallurgy
9.10.3 Paper Making
9.10.4 Other
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 Multi-point Lubricator Analysis and Forecast
10.1 Introduction
10.2 Europe Multi-point Lubricator 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 Multi-point Lubricator Market Size Forecast by Type
10.6.1 Automatic
10.6.2 Non-automatic
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 Multi-point Lubricator Market Size Forecast by Applications
10.10.1 Chemical
10.10.2 Metallurgy
10.10.3 Paper Making
10.10.4 Other
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 Multi-point Lubricator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multi-point Lubricator 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 Multi-point Lubricator Market Size Forecast by Type
11.6.1 Automatic
11.6.2 Non-automatic
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 Multi-point Lubricator Market Size Forecast by Applications
11.10.1 Chemical
11.10.2 Metallurgy
11.10.3 Paper Making
11.10.4 Other
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 Multi-point Lubricator Analysis and Forecast
12.1 Introduction
12.2 Latin America Multi-point Lubricator 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 Multi-point Lubricator Market Size Forecast by Type
12.6.1 Automatic
12.6.2 Non-automatic
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 Multi-point Lubricator Market Size Forecast by Applications
12.10.1 Chemical
12.10.2 Metallurgy
12.10.3 Paper Making
12.10.4 Other
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) Multi-point Lubricator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multi-point Lubricator 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) Multi-point Lubricator Market Size Forecast by Type
13.6.1 Automatic
13.6.2 Non-automatic
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) Multi-point Lubricator Market Size Forecast by Applications
13.10.1 Chemical
13.10.2 Metallurgy
13.10.3 Paper Making
13.10.4 Other
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 Multi-point Lubricator Market: Competitive Dashboard
14.2 Global Multi-point Lubricator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Simatec
14.3.2 SKF
14.3.3 NADELLA
14.3.4 Dropsa
14.3.5 Pulsarlube
14.3.6 Gruetzner GmbH
14.3.7 perma-tec GmbH & Co. KG
14.3.8 MEMOLUB
