The global railway lubricants market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for railway lubricants in emerging economies such as India and China, which are witnessing rapid economic growth and infrastructure development.
Lithium grease accounted for the largest share of the global railway lubricants market in 2017, followed by calcium crease grease and other types of greases. Lithium grease is used extensively in rail curves, rail switch plates and turnouts, bearings & wheels applications due to its high viscosity index (VI) value that provides excellent resistance against water washout or shear thinning properties that provide excellent protection against wear & tear caused by friction between moving parts.
Some Of The Growth Factors Of This Market:
- The growth of the railway lubricants market is driven by the increasing demand for rail transportation in emerging economies such as India and China, which are witnessing rapid economic growth and urbanization.
- Increasing investments in infrastructure projects such as high-speed railways will also drive the demand for railway lubricants over the forecast period, thereby boosting its growth prospects over the next few years.
- Railway lubricant manufacturers are focusing on developing products that can withstand extreme weather conditions such as high temperatures and low temperatures, thereby catering to various geographical regions across different continents including North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA) and Latin America (LA). This will help them expand their customer base globally over time with increased sales volumes from these regions in future years 5) The growing need for sustainable transportation solutions has led to an increase in investments towards research & development activities related to railway lubricants that can reduce emissions while ensuring safety standards are met.
Industry Growth Insights published a new data on “Railway Lubricants Market”. The research report is titled “Railway Lubricants Market research by Types (Lithium Grease, Calcium Crease, Other Grease), By Applications (Rail Curves, Rail Switch Plates and Turnouts, Bearings & Wheels, Others), By Players/Companies Shell, Exxon Mobil, BP, Chevron, Total, SKF, CITGO, Fuchs, Petro-Canada, Timken, Kyodo Yushi, Lukoil, Plews/Edelmann, Klueber, Sinopec, CNPC, CRM, Lincoln Industrial”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Railway Lubricants Market Research Report
By Type
Lithium Grease, Calcium Crease, Other Grease
By Application
Rail Curves, Rail Switch Plates and Turnouts, Bearings & Wheels, Others
By Companies
Shell, Exxon Mobil, BP, Chevron, Total, SKF, CITGO, Fuchs, Petro-Canada, Timken, Kyodo Yushi, Lukoil, Plews/Edelmann, Klueber, Sinopec, CNPC, CRM, Lincoln Industrial
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 Railway Lubricants Market Report Segments:
The global Railway Lubricants market is segmented on the basis of:
Types
Lithium Grease, Calcium Crease, Other 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
Rail Curves, Rail Switch Plates and Turnouts, Bearings & Wheels, Others
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:
- Shell
- Exxon Mobil
- BP
- Chevron
- Total
- SKF
- CITGO
- Fuchs
- Petro-Canada
- Timken
- Kyodo Yushi
- Lukoil
- Plews/Edelmann
- Klueber
- Sinopec
- CNPC
- CRM
- Lincoln Industrial
Highlights of The Railway 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:
- Lithium Grease
- Calcium Crease
- Other Grease
- By Application:
- Rail Curves
- Rail Switch Plates and Turnouts
- Bearings & Wheels
- Others
- 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 Railway 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.
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- 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?
Railway lubricants are a type of oil used to keep railway tracks and other metal parts in good condition. They are also used to prevent the buildup of rust on the metal.
Some of the key players operating in the railway lubricants market are Shell, Exxon Mobil, BP, Chevron, Total, SKF, CITGO, Fuchs, Petro-Canada, Timken, Kyodo Yushi, Lukoil, Plews/Edelmann, Klueber, Sinopec, CNPC, CRM, Lincoln Industrial.
The railway lubricants market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Railway Lubricants 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. Railway Lubricants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Railway Lubricants Market - Supply Chain
4.5. Global Railway Lubricants Market Forecast
4.5.1. Railway Lubricants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Railway Lubricants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Railway Lubricants Market Absolute $ Opportunity
5. Global Railway Lubricants 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. Railway Lubricants Market Size and Volume Forecast by Type
5.3.1. Lithium Grease
5.3.2. Calcium Crease
5.3.3. Other Grease
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Railway Lubricants 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. Railway Lubricants Market Size and Volume Forecast by Application
6.3.1. Rail Curves
6.3.2. Rail Switch Plates and Turnouts
6.3.3. Bearings & Wheels
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Railway Lubricants 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. Railway Lubricants 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 Railway Lubricants 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. Railway Lubricants 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 Railway Lubricants Demand Share Forecast, 2019-2026
9. North America Railway Lubricants 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 Railway Lubricants 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 Railway Lubricants Market Size and Volume Forecast by Application
9.4.1. Rail Curves
9.4.2. Rail Switch Plates and Turnouts
9.4.3. Bearings & Wheels
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Railway Lubricants Market Size and Volume Forecast by Type
9.7.1. Lithium Grease
9.7.2. Calcium Crease
9.7.3. Other Grease
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 Railway Lubricants Demand Share Forecast, 2019-2026
10. Latin America Railway Lubricants 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 Railway Lubricants 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 Railway Lubricants Market Size and Volume Forecast by Application
10.4.1. Rail Curves
10.4.2. Rail Switch Plates and Turnouts
10.4.3. Bearings & Wheels
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Railway Lubricants Market Size and Volume Forecast by Type
10.7.1. Lithium Grease
10.7.2. Calcium Crease
10.7.3. Other Grease
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 Railway Lubricants Demand Share Forecast, 2019-2026
11. Europe Railway Lubricants 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 Railway Lubricants 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 Railway Lubricants Market Size and Volume Forecast by Application
11.4.1. Rail Curves
11.4.2. Rail Switch Plates and Turnouts
11.4.3. Bearings & Wheels
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Railway Lubricants Market Size and Volume Forecast by Type
11.7.1. Lithium Grease
11.7.2. Calcium Crease
11.7.3. Other Grease
11.8. BasisPoint 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 Railway Lubricants Demand Share, 2019-2026
12. Asia Pacific Railway Lubricants 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 Railway Lubricants 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 Railway Lubricants Market Size and Volume Forecast by Application
12.4.1. Rail Curves
12.4.2. Rail Switch Plates and Turnouts
12.4.3. Bearings & Wheels
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Railway Lubricants Market Size and Volume Forecast by Type
12.7.1. Lithium Grease
12.7.2. Calcium Crease
12.7.3. Other Grease
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 Railway Lubricants Demand Share, 2019-2026
13. Middle East & Africa Railway Lubricants 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 Railway Lubricants 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 Railway Lubricants Market Size and Volume Forecast by Application
13.4.1. Rail Curves
13.4.2. Rail Switch Plates and Turnouts
13.4.3. Bearings & Wheels
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Railway Lubricants Market Size and Volume Forecast by Type
13.7.1. Lithium Grease
13.7.2. Calcium Crease
13.7.3. Other Grease
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 Railway Lubricants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Railway Lubricants Market: Market Share Analysis
14.2. Railway Lubricants Distributors and Customers
14.3. Railway Lubricants 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. Chevron
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Total
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SKF
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CITGO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Fuchs
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Petro-Canada
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Timken
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kyodo Yushi
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lukoil
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Plews/Edelmann
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Klueber
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Sinopec
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. CNPC
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. CRM
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Lincoln Industrial
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
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
