Market Overview:
Wheel flange lubrication is a process of applying a lubricant to the wheel flanges of railway rolling stock to reduce friction and wear. Wheel flange lubrication systems are either oil or grease based, with the choice of system being dependent on the operating environment and equipment. The global wheel flange lubrication market is expected to grow at a CAGR of 5.5% from 2018-2030.
Product Definition:
Wheel flange lubrication is a process of applying a lubricant to the wheel flanges of railroad cars in order to reduce friction and wear. Wheel flange lubrication is important because it can help reduce the amount of wear on the wheels and track, which can lead to longer train life, less maintenance, and fewer accidents.
Easy Rail Oil:
Easy Rail Oil is a high performance, multi-purpose lubricant designed for use in rail wheel flanges. It provides excellent protection against rust and corrosion, reduces the operating temperatures of the wheels and provides better wheel bearing life. Easy Rail Oil has been specifically formulated to meet all railway industry requirements for lubrication of wheels and bearings used in rail vehicles including rolling stock such as wagons, tankers & locomotives.
Easy Rail Grease:
Easy Rail Grease is a water-based, high viscosity grease specifically designed for lubrication of wheel flanges. It provides exceptional protection and performance in extreme operating conditions and helps to reduce maintenance costs by reducing the amount of required greases.
It increases the operational efficiency of wheels by providing excellent resistance to rusting, corrosion & oxidation as well as helping to improve wheel life.
Application Insights:
High-speed trains dominated the global wheel flange lubrication market in terms of revenue share in 2017. The segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to an increase in passenger traffic and rapid development of high-speed rail networks across the globe.
The light rail vehicle segment is also expected to witness significant growth over the forecast period due to increasing urbanization, rising disposable income, and changing consumer lifestyle along with technological advancements for better transportation systems such as trams, light metros and monorails. These vehicles require less maintenance as compared with heavy railways since they operate at lower speeds but have higher demand on account of their increased popularity among consumers looking for cost-effective modes of transport that are environmentally friendly.
Regional Analysis:
Asia Pacific dominated the global wheel flange lubrication market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing investments in infrastructure development, coupled with rising industrialization and urbanization. In addition, growing demand for passenger trains owing to rapid population expansion will drive the regional market further.
The Asia Pacific was followed by Europe wherein countries such as Germany, France and Italy are anticipated to drive industry growth owing to their well-established manufacturing sector along with high spending on infrastructure development. Moreover, increasing use of electric traction across various regions is also expected favorably impact industry growth over the next eight years.
North America accounted for a significant share of revenue generated by easy rail oil & grease products due to heavy investment made by governments in electrification projects especially for metro trains which consume large quantities of these products at each station would have a positive impact on industry growth during the forecast period 2018 To 2030 (USD Million).
Growth Factors:
- Increasing demand for automobiles
- Growing industrialization and urbanization
- Rising disposable income of consumers
- Technological advancements in wheel flange lubrication systems
- Stringent government regulations for vehicle emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Wheel Flange Lubrication Market Research Report
By Type
Easy Rail Oil, Easy Rail Grease
By Application
High-speed Trains, Light Rail Vehicles, Locomotives, Metros, Regional & Commuter Trains, Special-purpose Vehicles
By Companies
SKF Group (US), LB Foster Rail Technologies (UK) Ltd, SKF Group (US), Sécheron (French), FUTEC ORIGIN CORP (Japan), Schunk (Germany), Bijur Delimon International (BDI) (Germany), Perma-China
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Wheel Flange Lubrication Market Report Segments:
The global Wheel Flange Lubrication market is segmented on the basis of:
Types
Easy Rail Oil, Easy Rail Grease
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
High-speed Trains, Light Rail Vehicles, Locomotives, Metros, Regional & Commuter Trains, Special-purpose Vehicles
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:
- SKF Group (US)
- LB Foster Rail Technologies (UK) Ltd
- SKF Group (US)
- Sécheron (French)
- FUTEC ORIGIN CORP (Japan)
- Schunk (Germany)
- Bijur Delimon International (BDI) (Germany)
- Perma-China
Highlights of The Wheel Flange Lubrication 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:
- Easy Rail Oil
- Easy Rail Grease
- By Application:
- High-speed Trains
- Light Rail Vehicles
- Locomotives
- Metros
- Regional & Commuter Trains
- Special-purpose Vehicles
- 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 Wheel Flange Lubrication 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?
Wheel flange lubrication is a process that helps to keep the wheel flanges from becoming too hot and wearing down. The lubricant coats the wheel flanges, preventing them from sticking to each other and causing friction.
Some of the major players in the wheel flange lubrication market are SKF Group (US), LB Foster Rail Technologies (UK) Ltd, SKF Group (US), S©cheron (French), FUTEC ORIGIN CORP (Japan), Schunk (Germany), Bijur Delimon International (BDI) (Germany), Perma-China.
The wheel flange lubrication 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 Wheel Flange Lubrication 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 Wheel Flange Lubrication Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wheel Flange Lubrication 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 Wheel Flange Lubrication 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 Wheel Flange Lubrication Market Size & Forecast, 2018-2028
4.5.1 Wheel Flange Lubrication Market Size and Y-o-Y Growth
4.5.2 Wheel Flange Lubrication Market Absolute $ Opportunity
Chapter 5 Global Wheel Flange Lubrication 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 Wheel Flange Lubrication Market Size Forecast by Type
5.2.1 Easy Rail Oil
5.2.2 Easy Rail Grease
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wheel Flange Lubrication 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 Wheel Flange Lubrication Market Size Forecast by Applications
6.2.1 High-speed Trains
6.2.2 Light Rail Vehicles
6.2.3 Locomotives
6.2.4 Metros
6.2.5 Regional & Commuter Trains
6.2.6 Special-purpose Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wheel Flange Lubrication 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 Wheel Flange Lubrication 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 Wheel Flange Lubrication Analysis and Forecast
9.1 Introduction
9.2 North America Wheel Flange Lubrication 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 Wheel Flange Lubrication Market Size Forecast by Type
9.6.1 Easy Rail Oil
9.6.2 Easy Rail Grease
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 Wheel Flange Lubrication Market Size Forecast by Applications
9.10.1 High-speed Trains
9.10.2 Light Rail Vehicles
9.10.3 Locomotives
9.10.4 Metros
9.10.5 Regional & Commuter Trains
9.10.6 Special-purpose Vehicles
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 Wheel Flange Lubrication Analysis and Forecast
10.1 Introduction
10.2 Europe Wheel Flange Lubrication 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 Wheel Flange Lubrication Market Size Forecast by Type
10.6.1 Easy Rail Oil
10.6.2 Easy Rail Grease
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 Wheel Flange Lubrication Market Size Forecast by Applications
10.10.1 High-speed Trains
10.10.2 Light Rail Vehicles
10.10.3 Locomotives
10.10.4 Metros
10.10.5 Regional & Commuter Trains
10.10.6 Special-purpose Vehicles
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 Wheel Flange Lubrication Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wheel Flange Lubrication 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 Wheel Flange Lubrication Market Size Forecast by Type
11.6.1 Easy Rail Oil
11.6.2 Easy Rail Grease
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 Wheel Flange Lubrication Market Size Forecast by Applications
11.10.1 High-speed Trains
11.10.2 Light Rail Vehicles
11.10.3 Locomotives
11.10.4 Metros
11.10.5 Regional & Commuter Trains
11.10.6 Special-purpose Vehicles
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 Wheel Flange Lubrication Analysis and Forecast
12.1 Introduction
12.2 Latin America Wheel Flange Lubrication 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 Wheel Flange Lubrication Market Size Forecast by Type
12.6.1 Easy Rail Oil
12.6.2 Easy Rail Grease
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 Wheel Flange Lubrication Market Size Forecast by Applications
12.10.1 High-speed Trains
12.10.2 Light Rail Vehicles
12.10.3 Locomotives
12.10.4 Metros
12.10.5 Regional & Commuter Trains
12.10.6 Special-purpose Vehicles
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) Wheel Flange Lubrication Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wheel Flange Lubrication 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) Wheel Flange Lubrication Market Size Forecast by Type
13.6.1 Easy Rail Oil
13.6.2 Easy Rail Grease
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) Wheel Flange Lubrication Market Size Forecast by Applications
13.10.1 High-speed Trains
13.10.2 Light Rail Vehicles
13.10.3 Locomotives
13.10.4 Metros
13.10.5 Regional & Commuter Trains
13.10.6 Special-purpose Vehicles
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 Wheel Flange Lubrication Market: Competitive Dashboard
14.2 Global Wheel Flange Lubrication Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SKF Group (US)
14.3.2 LB Foster Rail Technologies (UK) Ltd
14.3.3 SKF Group (US)
14.3.4 Sécheron (French)
14.3.5 FUTEC ORIGIN CORP (Japan)
14.3.6 Schunk (Germany)
14.3.7 Bijur Delimon International (BDI) (Germany)
14.3.8 Perma-China
