Market Overview:
The global wet wire drawing lubricants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for wet wire drawing lubricants from various end-use industries, such as automotive, construction, and electrical & electronics. In terms of type, the wire drawing oil segment is projected to lead the global wet wire drawing lubricants market during the forecast period. This can be attributed to its properties such as high viscosity and low volatility that make it suitable for use in applications that require high-temperature stability and low friction. In terms of application, carbon steel wires are projected to lead the global market during the forecast period owing to their increasing demand from various end-use industries across different regions.
Product Definition:
Wet Wire Drawing Lubricants are aqueous solutions that are used to reduce friction and wear between the wire and die in the wire drawing process. Wet Wire Drawing Lubricants are important because they help to produce high-quality wires with minimal defects.
Wire Drawing Oil:
Wire drawing oil is a special type of lubricant used in the metal working industry for wire drawing operations. It consists of paraffinic oils, slurry and waxes with additives such as antioxidants, anti-foaming agents and emulsifiers. The major factor that differentiates it from other lubricants is its ability to remain solid at room temperature unlike most other fluids which tend to become liquid at room temperature.
Wire Drawing Grease:
Wire drawing lubricants are used in wire drawing applications to reduce friction and increase efficiency. They can be classified as water-based or solvent-based greases depending on their chemical properties. Solvent based greases have a higher boiling point compared to water based ones, however they dry quicker than the former which makes them less preferred for wet application.
Application Insights:
In terms of volume, the carbon steel wire application segment dominated the global wet wire drawing lubricants market with a share of 33.1% in 2017. The segment is expected to witness significant growth over the forecast period on account of its extensive use in electrical applications including wires for power cables and conductors for electronic products. In addition, increasing demand from construction industry will drive growth over the coming years.
The stainless steel wire application segment is also projected to witness considerable growth during the study period owing to its rising use in surgical instruments and medical devices as well as industrial machinery components such as pumps and turbines where high corrosion resistance properties are required. Furthermore, increasing demand from wind energy generation plants across various regions will fuel product demand further driving prices higher thereby benefitting consumers globally wet-wire drawing lubricants market by 2030 ¢â‚¬â„¢s end.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for wire drawing lubricants from countries, such as China, Japan, South Korea, India and Taiwan. Increasing automotive production in these countries coupled with growing infrastructure development activities are likely to drive product demand over the forecast period.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% in 2017 owing to high consumption levels from major application sectors including transportation and construction. Countries such as Germany, France and Russia are anticipated to remain key consumers on account of increasing automobile production levels along with other industrial applications across these regions.
Growth Factors:
- Increasing demand from end-use industries such as automotive, electrical and electronics, and construction
- Growing demand for high-quality wires and cables
- Rising adoption of wet wire drawing lubricants in developing countries
- Technological advancements in the production of wires and cables
- Growing investments by key players in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Wet Wire Drawing Lubricants Market Research Report
By Type
Wire Drawing Oil, Wire Drawing Grease
By Application
Carbon Steel Wire, Stainless Steel Wire, Tire Bead & Cord, Galvanized Wire, Aluminum & Alloy Wires, Copper Wires, Other Applications
By Companies
TRAXIT International, CONDAT, Zeller+Gmelin, Kyoeisha, Adeka, Chemetall, Bechem, Metalube, Aztech Lubricants, Petrofer, Blachford, Holifa, Fuchs
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Wet Wire Drawing Lubricants Market Report Segments:
The global Wet Wire Drawing Lubricants market is segmented on the basis of:
Types
Wire Drawing Oil, Wire Drawing 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
Carbon Steel Wire, Stainless Steel Wire, Tire Bead & Cord, Galvanized Wire, Aluminum & Alloy Wires, Copper Wires, 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
- Zeller+Gmelin
- Kyoeisha
- Adeka
- Chemetall
- Bechem
- Metalube
- Aztech Lubricants
- Petrofer
- Blachford
- Holifa
- Fuchs
Highlights of The Wet 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:
- Wire Drawing Oil
- Wire Drawing Grease
- By Application:
- Carbon Steel Wire
- Stainless Steel Wire
- Tire Bead & Cord
- Galvanized Wire
- Aluminum & Alloy Wires
- Copper Wires
- 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 Wet 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
- 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?
Wet wire drawing lubricants are a type of oil that is used to help keep the wires in a drawing machine moving. They are also used as an additive in other types of machining processes.
Some of the key players operating in the wet wire drawing lubricants market are TRAXIT International, CONDAT, Zeller+Gmelin, Kyoeisha, Adeka, Chemetall, Bechem, Metalube, Aztech Lubricants, Petrofer, Blachford, Holifa, Fuchs.
The wet wire drawing lubricants market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wet Wire Drawing 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. Wet Wire Drawing Lubricants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wet Wire Drawing Lubricants Market - Supply Chain
4.5. Global Wet Wire Drawing Lubricants Market Forecast
4.5.1. Wet Wire Drawing Lubricants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wet Wire Drawing Lubricants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wet Wire Drawing Lubricants Market Absolute $ Opportunity
5. Global Wet Wire Drawing 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. Wet Wire Drawing Lubricants Market Size and Volume Forecast by Type
5.3.1. Wire Drawing Oil
5.3.2. Wire Drawing Grease
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wet Wire Drawing 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. Wet Wire Drawing Lubricants Market Size and Volume Forecast by Application
6.3.1. Carbon Steel Wire
6.3.2. Stainless Steel Wire
6.3.3. Tire Bead & Cord
6.3.4. Galvanized Wire
6.3.5. Aluminum & Alloy Wires
6.3.6. Copper Wires
6.3.7. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wet Wire Drawing 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. Wet Wire Drawing 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 Wet Wire Drawing 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. Wet Wire Drawing 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 Wet Wire Drawing Lubricants Demand Share Forecast, 2019-2026
9. North America Wet Wire Drawing 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 Wet Wire Drawing 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 Wet Wire Drawing Lubricants Market Size and Volume Forecast by Application
9.4.1. Carbon Steel Wire
9.4.2. Stainless Steel Wire
9.4.3. Tire Bead & Cord
9.4.4. Galvanized Wire
9.4.5. Aluminum & Alloy Wires
9.4.6. Copper Wires
9.4.7. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wet Wire Drawing Lubricants Market Size and Volume Forecast by Type
9.7.1. Wire Drawing Oil
9.7.2. Wire Drawing 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 Wet Wire Drawing Lubricants Demand Share Forecast, 2019-2026
10. Latin America Wet Wire Drawing 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 Wet Wire Drawing 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 Wet Wire Drawing Lubricants Market Size and Volume Forecast by Application
10.4.1. Carbon Steel Wire
10.4.2. Stainless Steel Wire
10.4.3. Tire Bead & Cord
10.4.4. Galvanized Wire
10.4.5. Aluminum & Alloy Wires
10.4.6. Copper Wires
10.4.7. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wet Wire Drawing Lubricants Market Size and Volume Forecast by Type
10.7.1. Wire Drawing Oil
10.7.2. Wire Drawing 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 Wet Wire Drawing Lubricants Demand Share Forecast, 2019-2026
11. Europe Wet Wire Drawing 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 Wet Wire Drawing 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 Wet Wire Drawing Lubricants Market Size and Volume Forecast by Application
11.4.1. Carbon Steel Wire
11.4.2. Stainless Steel Wire
11.4.3. Tire Bead & Cord
11.4.4. Galvanized Wire
11.4.5. Aluminum & Alloy Wires
11.4.6. Copper Wires
11.4.7. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wet Wire Drawing Lubricants Market Size and Volume Forecast by Type
11.7.1. Wire Drawing Oil
11.7.2. Wire Drawing Grease
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 Wet Wire Drawing Lubricants Demand Share, 2019-2026
12. Asia Pacific Wet Wire Drawing 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 Wet Wire Drawing 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 Wet Wire Drawing Lubricants Market Size and Volume Forecast by Application
12.4.1. Carbon Steel Wire
12.4.2. Stainless Steel Wire
12.4.3. Tire Bead & Cord
12.4.4. Galvanized Wire
12.4.5. Aluminum & Alloy Wires
12.4.6. Copper Wires
12.4.7. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wet Wire Drawing Lubricants Market Size and Volume Forecast by Type
12.7.1. Wire Drawing Oil
12.7.2. Wire Drawing 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 Wet Wire Drawing Lubricants Demand Share, 2019-2026
13. Middle East & Africa Wet Wire Drawing 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 Wet Wire Drawing 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 Wet Wire Drawing Lubricants Market Size and Volume Forecast by Application
13.4.1. Carbon Steel Wire
13.4.2. Stainless Steel Wire
13.4.3. Tire Bead & Cord
13.4.4. Galvanized Wire
13.4.5. Aluminum & Alloy Wires
13.4.6. Copper Wires
13.4.7. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wet Wire Drawing Lubricants Market Size and Volume Forecast by Type
13.7.1. Wire Drawing Oil
13.7.2. Wire Drawing 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 Wet Wire Drawing Lubricants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wet Wire Drawing Lubricants Market: Market Share Analysis
14.2. Wet Wire Drawing Lubricants Distributors and Customers
14.3. Wet Wire Drawing Lubricants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TRAXIT International
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CONDAT
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zeller+Gmelin
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kyoeisha
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Adeka
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Chemetall
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bechem
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Metalube
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aztech Lubricants
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Petrofer
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Blachford
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Holifa
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Fuchs
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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
