Market Overview:
The global sodium soap based dry wire drawing lubricants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for wire products in various end-use industries, such as automotive, construction, and electrical & electronics. In addition, the growing demand for stainless steel wires in various applications is also propelling the growth of the global sodium soap based dry wire drawing lubricants market. Based on type, the global sodium soap based dry wire drawing lubricants market can be segmented into sodium hydroxide and sodium stearate. Sodium hydroxide is a major type of alkali metal that finds extensive use in various industrial applications owing to its high reactivity and corrosiveness towards other materials. It is also used as a raw material for manufacturing soaps and detergents owing to its ability to form strong alkaline solutions with water molecules. Sodium stearate is an organic compound that consists of a long hydrocarbon chain attached to a carboxylic acid group (-COOH). It finds extensive use as an additive in cosmetics, pharmaceuticals, food products, and other industrial applications owing to its emulsifying properties. Based on application, the global sodium soap based dry wire drawing lubricants market can be segmented into carbon steel wire, stainless steel wire,, tire bead & cord,, galvanizedwire,,and other applications,.
Product Definition:
Sodium soap based dry wire drawing lubricants are a type of coating that is applied to metal wires in order to help them move more easily through machines during the manufacturing process. This type of lubricant is important because it helps to improve the overall quality and efficiency of the manufacturing process.
Sodium Hydroxide:
Sodium hydroxide is the chemical formula for salt (NaOH) and it is a white crystalline solid. It readily reacts with water to form a highly caustic solution, which has been used as an important ingredient in manufacturing sodium soaps. The product also finds application as an intermediate in the production of other chemicals such as pyroxylin plastics and phenolic resins.
Sodium Stearate:
Sodium stearate is a chemical compound, which is primarily used in the production of soaps and detergents. It also finds application as an additive for plastic products to improve their texture and consistency. The product can be derived from either natural or synthetic sources; however, it must comply with the FDA regulations regarding food additives.
Application Insights:
In terms of volume, the carbon steel wire application segment dominated the market with a share of 35.1% in 2017. This is attributed to its extensive use in power plants and other industrial applications across various regions. The product helps enhance the tensile strength and abrasion resistance of carbon steel wires, thereby making them suitable for long-distance transmission without additional protection against wear or tear. In addition, it also helps prevent corrosion caused by oxygen exposure during dry-wires installation on high voltage lines over long distances owing to its anti-corrosion properties.
The stainless steel wire application segment is expected to witness significant growth over the forecast period due to increasing demand from construction industry for use in building & construction materials such as screws & bolts along with rising preference for decorative products used at home or office buildings as well as bridges & buildings across various regions globally including North America, Europe.
Regional Analysis:
Asia Pacific sodium soap based dry wire drawing lubricants market led the global industry and accounted for over 40% of the total revenue in 2016. The region is expected to dominate the market throughout the forecast period owing to growing industrialization, rising per capita income, expanding middle-class population base along with rapid urbanization and infrastructure development.
The Asia Pacific was followed by North America which accounted for over 25% of total revenue in 2016. Increasing demand from end-use industries such as automotive, aerospace & defense coupled with government initiatives promoting domestic manufacturing are anticipated to drive product demand over the next eight years.
Growth Factors:
- Increasing demand from end-use industries such as automotive, electrical and electronics, and construction
- Growing awareness about the benefits of using sodium soap based dry wire drawing lubricants over conventional lubricants
- Rising investments in research and development to develop new and better products
- Technological advancements that have led to the development of more efficient sodium soap based dry wire drawing lubricants
- Growing demand for high-quality products across all end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Sodium Soap Based Dry Wire Drawing Lubricants Market Research Report
By Type
Sodium Hydroxide, Sodium Stearate
By Application
Carbon Steel Wire, Stainless Steel Wire, Tire Bead & Cord, Galvanized Wire, Other Applications
By Companies
TRAXIT International, CONDAT, Kyoeisha, Adeka, Chemetall, Aztech Lubricants, Pan Chemicals, Blachford, Holifa, Jiangyin Ouyate, TRAXIT International
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Sodium Soap Based Dry Wire Drawing Lubricants Market Report Segments:
The global Sodium Soap Based Dry Wire Drawing Lubricants market is segmented on the basis of:
Types
Sodium Hydroxide, Sodium Stearate
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
Carbon Steel Wire, Stainless Steel Wire, Tire Bead & Cord, Galvanized Wire, Other Applications
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:
- TRAXIT International
- CONDAT
- Kyoeisha
- Adeka
- Chemetall
- Aztech Lubricants
- Pan Chemicals
- Blachford
- Holifa
- Jiangyin Ouyate
- TRAXIT International
Highlights of The Sodium Soap Based Dry Wire Drawing 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:
- Sodium Hydroxide
- Sodium Stearate
- By Application:
- Carbon Steel Wire
- Stainless Steel Wire
- Tire Bead & Cord
- Galvanized Wire
- Other Applications
- 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 Sodium Soap Based Dry Wire Drawing 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
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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?
Sodium soap based dry wire drawing lubricants are a type of lubricant that is made from sodium soap and water. They are used to help reduce friction between the wires and the metal surface during wire drawing.
Some of the major players in the sodium soap based dry wire drawing lubricants market are TRAXIT International, CONDAT, Kyoeisha, Adeka, Chemetall, Aztech Lubricants, Pan Chemicals, Blachford, Holifa, Jiangyin Ouyate, TRAXIT International.
The sodium soap based dry wire drawing 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 Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing Lubricants Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size & Forecast, 2018-2028
4.5.1 Sodium Soap Based Dry Wire Drawing Lubricants Market Size and Y-o-Y Growth
4.5.2 Sodium Soap Based Dry Wire Drawing Lubricants Market Absolute $ Opportunity
Chapter 5 Global Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Type
5.2.1 Sodium Hydroxide
5.2.2 Sodium Stearate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Applications
6.2.1 Carbon Steel Wire
6.2.2 Stainless Steel Wire
6.2.3 Tire Bead & Cord
6.2.4 Galvanized Wire
6.2.5 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing Lubricants Analysis and Forecast
9.1 Introduction
9.2 North America Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Type
9.6.1 Sodium Hydroxide
9.6.2 Sodium Stearate
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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Applications
9.10.1 Carbon Steel Wire
9.10.2 Stainless Steel Wire
9.10.3 Tire Bead & Cord
9.10.4 Galvanized Wire
9.10.5 Other Applications
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 Sodium Soap Based Dry Wire Drawing Lubricants Analysis and Forecast
10.1 Introduction
10.2 Europe Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Type
10.6.1 Sodium Hydroxide
10.6.2 Sodium Stearate
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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Applications
10.10.1 Carbon Steel Wire
10.10.2 Stainless Steel Wire
10.10.3 Tire Bead & Cord
10.10.4 Galvanized Wire
10.10.5 Other Applications
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 Sodium Soap Based Dry Wire Drawing Lubricants Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Type
11.6.1 Sodium Hydroxide
11.6.2 Sodium Stearate
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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Applications
11.10.1 Carbon Steel Wire
11.10.2 Stainless Steel Wire
11.10.3 Tire Bead & Cord
11.10.4 Galvanized Wire
11.10.5 Other Applications
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 Sodium Soap Based Dry Wire Drawing Lubricants Analysis and Forecast
12.1 Introduction
12.2 Latin America Sodium Soap Based Dry Wire Drawing 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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Type
12.6.1 Sodium Hydroxide
12.6.2 Sodium Stearate
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 Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Applications
12.10.1 Carbon Steel Wire
12.10.2 Stainless Steel Wire
12.10.3 Tire Bead & Cord
12.10.4 Galvanized Wire
12.10.5 Other Applications
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) Sodium Soap Based Dry Wire Drawing Lubricants Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sodium Soap Based Dry Wire Drawing 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) Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Type
13.6.1 Sodium Hydroxide
13.6.2 Sodium Stearate
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) Sodium Soap Based Dry Wire Drawing Lubricants Market Size Forecast by Applications
13.10.1 Carbon Steel Wire
13.10.2 Stainless Steel Wire
13.10.3 Tire Bead & Cord
13.10.4 Galvanized Wire
13.10.5 Other Applications
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 Sodium Soap Based Dry Wire Drawing Lubricants Market: Competitive Dashboard
14.2 Global Sodium Soap Based Dry Wire Drawing Lubricants Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 TRAXIT International
14.3.2 CONDAT
14.3.3 Kyoeisha
14.3.4 Adeka
14.3.5 Chemetall
14.3.6 Aztech Lubricants
14.3.7 Pan Chemicals
14.3.8 Blachford
14.3.9 Holifa
14.3.10 Jiangyin Ouyate
14.3.11 TRAXIT International
