Market Overview:
The global rolling lubricant 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 steel and aluminum products, globally. In addition, the growing automotive and construction industries are also contributing to the growth of this market. The global rolling lubricant market is segmented on the basis of type, application, and region. On the basis of type, it is divided into synthetic, semi-synthetic, and mineral oils. The synthetic segment is expected to grow at a higher CAGR during the forecast period as compared to other segments due to its superior properties such as high thermal stability and low volatility. On the basis of application, it is divided into hot rolling and cold rolling applications. The hot rolling application segment dominates this market owing to its widespread use in various industries such as automotive manufacturing, heavy engineering equipment manufacturing etc.
Product Definition:
A rolling lubricant is a type of lubricant that is used to reduce friction between two surfaces while they are in motion. This type of lubricant is typically used in bearings and other mechanisms that require continuous or intermittent movement. Rolling lubricants can be made from a variety of materials, including oil, grease, wax, and polymer films. They are applied as a thin film to the moving parts and help to keep them separated while in motion. This can improve the efficiency and lifespan of the mechanism by reducing wear and tear on the surfaces.
Synthetic:
Synthetic Lubricants are the ones derived from petroleum. They comprise of paraffin, polyolefins & naphthenic oils and their semi-synthetic counterparts including SBN, SBS and SMS. These lubricants are widely used in various applications due to properties such as high viscosity index (VI) which makes them less susceptible to hydrolysis when mixed with water or other liquids & higher thermal stability compared to mineral oils.
Semi-Synthetic:
Semi-synthetic rolling lubricants are a type of rolling lube that contains at least one synthetic base oil along with some other additives. The semi-synthetic lubes have been designed to provide the best possible performance in terms of viscosity, pour point and thermal stability.
The growing demand for environment-friendly products is expected to drive the market over the forecast period.
Application Insights:
The global market is segmented by application into hot rolling, cold rolling and others. In 2017, the other applications accounted for a significant share in the overall industry revenue as they include slitting & shaving, grinding & polishing and surface treatment. The growth of these applications can be attributed to increasing demand from end-use industries such as automotive and construction.
In terms of revenue, hot rolling dominated the other applications segment with a share of over 40% in 2017 owing to its extensive use in various operations including heat treatment at high temperatures followed by quenching process where metal alloys are given their final shape or form. RLL is also used extensively during both primary and secondary steel making processes due to its ability to reduce friction between moving parts thereby enhancing productivity leading to increased industrial production across different regions globally which eventually boosts product demand worldwide.
Regional Analysis:
Asia Pacific dominated the global rolling lubricant market in 2017 and accounted for over 45% of the total revenue share. The region is expected to witness significant growth on account of increasing steel production in China, India, Japan, South Korea, and Taiwan. In addition to this, rising investments by various state-owned enterprises are anticipated to drive demand over the forecast period.
The Asia Pacific was followed by North America which accounted for a volume share of 23%. Rising consumption in construction industry coupled with growing automotive production mainly due to low raw material cost is likely to have a positive impact on regional growth.
Growth Factors:
- Increasing demand from automotive and industrial sectors
- Growing awareness about the benefits of using rolling lubricants
- Rising investments in research and development activities for new product development
- Technological advancements in rolling lubricant formulations
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Rolling Lubricant Market Research Report
By Type
Synthetic, Semi-Synthetic, Mineral
By Application
Hot Rolling, Cold Rolling
By Companies
Buhmwoo, Croda International PLC, Eastern Petroleum Pvt. Ltd., ETNA Products, Exxon Mobil Corporation, Houghton International Inc., Indian Oil Corporation Ltd, Jiangsu Gaoke Petrochemical Co., Ltd., Petroyag, Quaker Chemical Corporation, Total S.A., FUCHS Group
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Rolling Lubricant Market Report Segments:
The global Rolling Lubricant market is segmented on the basis of:
Types
Synthetic, Semi-Synthetic, Mineral
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
Hot Rolling, Cold Rolling
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:
- Buhmwoo
- Croda International PLC
- Eastern Petroleum Pvt. Ltd.
- ETNA Products
- Exxon Mobil Corporation
- Houghton International Inc.
- Indian Oil Corporation Ltd
- Jiangsu Gaoke Petrochemical Co., Ltd.
- Petroyag
- Quaker Chemical Corporation
- Total S.A.
- FUCHS Group
Highlights of The Rolling 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:
- Synthetic
- Semi-Synthetic
- Mineral
- By Application:
- Hot Rolling
- Cold Rolling
- 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 Rolling 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
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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?
Rolling lubricant is a type of oil that is used to reduce friction between moving parts. It can be applied as a liquid or paste, and it comes in a variety of viscosities to match the needs of different applications. Rolling lubricant can be used on engines, gears, bearings, and other mechanical components.
Some of the major companies in the rolling lubricant market are Buhmwoo, Croda International PLC, Eastern Petroleum Pvt. Ltd., ETNA Products, Exxon Mobil Corporation, Houghton International Inc., Indian Oil Corporation Ltd, Jiangsu Gaoke Petrochemical Co., Ltd., Petroyag, Quaker Chemical Corporation, Total S.A., FUCHS Group.
The rolling lubricant market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rolling 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 Rolling Lubricant Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rolling 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 Rolling 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 Rolling Lubricant Market Size & Forecast, 2020-2028
4.5.1 Rolling Lubricant Market Size and Y-o-Y Growth
4.5.2 Rolling 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 Synthetic
5.2.2 Semi-Synthetic
5.2.3 Mineral
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 Hot Rolling
6.2.2 Cold Rolling
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rolling 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 Rolling 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 Synthetic
9.6.2 Semi-Synthetic
9.6.3 Mineral
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 Hot Rolling
9.10.2 Cold Rolling
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 Synthetic
10.6.2 Semi-Synthetic
10.6.3 Mineral
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 Hot Rolling
10.10.2 Cold Rolling
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 Synthetic
11.6.2 Semi-Synthetic
11.6.3 Mineral
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 Hot Rolling
11.10.2 Cold Rolling
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 Synthetic
12.6.2 Semi-Synthetic
12.6.3 Mineral
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 Hot Rolling
12.10.2 Cold Rolling
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 Synthetic
13.6.2 Semi-Synthetic
13.6.3 Mineral
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 Hot Rolling
13.10.2 Cold Rolling
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 Rolling Lubricant Market: Competitive Dashboard
14.2 Global Rolling Lubricant Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Buhmwoo
14.3.2 Croda International PLC
14.3.3 Eastern Petroleum Pvt. Ltd.
14.3.4 ETNA Products
14.3.5 Exxon Mobil Corporation
14.3.6 Houghton International Inc.
14.3.7 Indian Oil Corporation Ltd
14.3.8 Jiangsu Gaoke Petrochemical Co., Ltd.
14.3.9 Petroyag
14.3.10 Quaker Chemical Corporation
14.3.11 Total S.A.
14.3.12 FUCHS Group
