Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Machine Tool Lubricant Market by Type (Machine Tool Grease, Machine Tool Oil), By Application (Automotive, Industrial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Machine Tool Lubricant Market by Type (Machine Tool Grease, Machine Tool Oil), By Application (Automotive, Industrial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 199676 3300 Machinery & Equipment 377 234 Pages 5 (43)
                                          

Market Overview:


The global machine tool 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 machine tool lubricants from various end-use industries, such as automotive and industrial. In terms of type, the machine tool grease segment is expected to dominate the market during the forecast period, owing to its properties such as high thermal stability and resistance against oxidation. In terms of application, the automotive segment is projected to lead the global machine tool lubricant market during 2018-2030 due to rising demand for passenger cars and commercial vehicles across different regions.


Global Machine Tool Lubricant Industry Outlook


Product Definition:


A machine tool lubricant is a type of lubricant that is used specifically in machines tools. This type of lubricant is typically used to help keep the parts of the machine moving smoothly and to prevent wear and tear. Machine tool lubricants are also often used to cool down the machine, as they can help dissipate heat.


Machine Tool Grease:


Machine tool grease is a type of lubricant used in machine tools to reduce friction between the rotating parts and the work piece. It also helps to increase the life span of machine tools by protecting them from wear and tear. Machine tool grease can be classified as an oil or a synthetic based on its composition. Synthetic greases are usually made up of polymers while oils are derived from crude oil derivatives, such as paraffin waxes & mineral oils.


Machine Tool Oil:


Machine tool oil is the fluid used to lubricate the cutting tools and their components in machine tools. It helps reduce wear and tear of various components, which enables machines to work efficiently. The selection of proper lubricant is important for efficient functioning as well as long life of machine tools. There are different types of oils available depending upon applications such as metal working fluids, general industrial oils, high-speed engines oils among others.


Application Insights:


The automotive segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-performance lubricants from various vehicle components, such as engine, transmission system, and drive shafts coupled with stringent environmental regulations regarding reduced carbon emissions.


Industrial applications include metal cutting machines where precision machining operations are required frequently along with other hard surfaces such as glass where cleaning & maintenance is required frequently. These applications require less maintenance but higher endurance products that perform well even after being heavily used for years together without requiring any kind of attention or replacement which further propels the product usage in industrial applications across different industries globally including aerospace & defense and construction among others.


Regional Analysis:


Asia Pacific dominated the global machine tool lubricant market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for industrial machinery, rising automotive production, and rapid industrialization & urbanization. China is one of the largest markets in Asia Pacific due to large-scale investments made by various companies for manufacturing tools & equipment with high precision and accuracy at low costs.


The European market held a significant share in terms of revenue as well as volume owing to growing automobile production across several countries including Germany, France, Italy, Spain among others. Moreover, increasing demand from other industries such as aerospace & defense coupled with technological advancements are also expected to drive industry growth over the next eight years.


Growth Factors:


  • Increasing demand for machine tools from the automotive and aerospace industries
  • Growing demand for high-performance lubricants that can extend the life of machine tools
  • Rising adoption of automated machines in manufacturing facilities
  • Proliferation of Internet of Things (IoT) and big data analytics in manufacturing sector
  • Growing popularity of green technologies

Scope Of The Report

Report Attributes

Report Details

Report Title

Machine Tool Lubricant Market Research Report

By Type

Machine Tool Grease, Machine Tool Oil

By Application

Automotive, Industrial

By Companies

Shell, Exxon Mobil, BP, Total Lubricants, Axel Christiernsson, Chevron, FUCHS, LUKOIL, SKF, JX Nippon Oil & Energy Corporation, Petro-Canada, Indian Oil Corporation, Quaker Chemical, Southwestern Petroleum Corporation, Klüber, Dow Corning, Sinopec, CNPC, CNOOC

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

234

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Machine Tool Lubricant Market Report Segments:

The global Machine Tool Lubricant market is segmented on the basis of:

Types

Machine Tool Grease, Machine Tool Oil

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

Automotive, Industrial

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:

  1. Shell
  2. Exxon Mobil
  3. BP
  4. Total Lubricants
  5. Axel Christiernsson
  6. Chevron
  7. FUCHS
  8. LUKOIL
  9. SKF
  10. JX Nippon Oil & Energy Corporation
  11. Petro-Canada
  12. Indian Oil Corporation
  13. Quaker Chemical
  14. Southwestern Petroleum Corporation
  15. Klüber
  16. Dow Corning
  17. Sinopec
  18. CNPC
  19. CNOOC

Global Machine Tool Lubricant Market Overview


Highlights of The Machine Tool Lubricant Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Machine Tool Grease
    2. Machine Tool Oil
  1. By Application:

    1. Automotive
    2. Industrial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Machine Tool 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
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Machine Tool Lubricant Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Machine tool lubricant is a type of oil used to reduce friction and wear on moving parts in machines. It is also used as a coolant and anti-wear agent.

Some of the major companies in the machine tool lubricant market are Shell, Exxon Mobil, BP, Total Lubricants, Axel Christiernsson, Chevron, FUCHS, LUKOIL, SKF, JX Nippon Oil & Energy Corporation, Petro-Canada, Indian Oil Corporation, Quaker Chemical, Southwestern Petroleum Corporation, KlƒÂ¼ber, Dow Corning, Sinopec, CNPC, CNOOC.

The machine tool lubricant market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Machine Tool Lubricant Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Machine Tool Lubricant Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Machine Tool Lubricant Market - Supply Chain
   4.5. Global Machine Tool Lubricant Market Forecast
      4.5.1. Machine Tool Lubricant Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Machine Tool Lubricant Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Machine Tool Lubricant Market Absolute $ Opportunity

5. Global Machine Tool Lubricant Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Machine Tool Lubricant Market Size and Volume Forecast by Type
      5.3.1. Machine Tool Grease
      5.3.2. Machine Tool Oil
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Machine Tool Lubricant Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Machine Tool Lubricant Market Size and Volume Forecast by Application
      6.3.1. Automotive
      6.3.2. Industrial
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Machine Tool Lubricant Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Machine Tool Lubricant Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Machine Tool Lubricant Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Machine Tool Lubricant Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Machine Tool Lubricant Demand Share Forecast, 2019-2026

9. North America Machine Tool Lubricant Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Machine Tool Lubricant Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Machine Tool Lubricant Market Size and Volume Forecast by Application
      9.4.1. Automotive
      9.4.2. Industrial
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Machine Tool Lubricant Market Size and Volume Forecast by Type
      9.7.1. Machine Tool Grease
      9.7.2. Machine Tool Oil
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Machine Tool Lubricant Demand Share Forecast, 2019-2026

10. Latin America Machine Tool Lubricant Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Machine Tool Lubricant Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Machine Tool Lubricant Market Size and Volume Forecast by Application
      10.4.1. Automotive
      10.4.2. Industrial
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Machine Tool Lubricant Market Size and Volume Forecast by Type
      10.7.1. Machine Tool Grease
      10.7.2. Machine Tool Oil
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Machine Tool Lubricant Demand Share Forecast, 2019-2026

11. Europe Machine Tool Lubricant Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Machine Tool Lubricant Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Machine Tool Lubricant Market Size and Volume Forecast by Application
      11.4.1. Automotive
      11.4.2. Industrial
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Machine Tool Lubricant Market Size and Volume Forecast by Type
      11.7.1. Machine Tool Grease
      11.7.2. Machine Tool Oil
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Machine Tool Lubricant Demand Share, 2019-2026

12. Asia Pacific Machine Tool Lubricant Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Machine Tool Lubricant Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Machine Tool Lubricant Market Size and Volume Forecast by Application
      12.4.1. Automotive
      12.4.2. Industrial
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Machine Tool Lubricant Market Size and Volume Forecast by Type
      12.7.1. Machine Tool Grease
      12.7.2. Machine Tool Oil
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Machine Tool Lubricant Demand Share, 2019-2026

13. Middle East & Africa Machine Tool Lubricant Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Machine Tool Lubricant Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Machine Tool Lubricant Market Size and Volume Forecast by Application
      13.4.1. Automotive
      13.4.2. Industrial
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Machine Tool Lubricant Market Size and Volume Forecast by Type
      13.7.1. Machine Tool Grease
      13.7.2. Machine Tool Oil
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Machine Tool Lubricant Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Machine Tool Lubricant Market: Market Share Analysis
   14.2. Machine Tool Lubricant Distributors and Customers
   14.3. Machine Tool Lubricant Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Shell
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Exxon Mobil
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. BP
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Total Lubricants
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Axel Christiernsson
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Chevron
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. FUCHS
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. LUKOIL
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. SKF
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. JX Nippon Oil & Energy Corporation
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Petro-Canada
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Indian Oil Corporation
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Quaker Chemical
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Southwestern Petroleum Corporation
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Klüber
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. Dow Corning
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. Sinopec
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. CNPC
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. CNOOC
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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