Dry Lubricants Market
Dry Lubricants Market Global Industry Assessment & Forecast
Segments Covered
- By Type Graphite, Molybdenum Disulfide, Boron Nitride, PTFE, Soft-metal solid lubricants, Others
- By Application Oil & Gas, Steel Industry, Mining & Mineral Processing Industry, Automobile Industry, Petrochemical, Water and Food Processing
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 755.42 Million |
Revenue 2028: | 813.78 Million |
Revenue CAGR (2021 - 2028): | 1.2 |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
The report delivers an acute breakdown of the market based on various segments such as Type, Application, , and region. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecast, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Type, the market is divided into Graphite, Molybdenum Disulfide, Boron Nitride, PTFE, Soft-metal solid lubricants, Others. Lorry Tank held the largest share in 2020 and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Oil & Gas, Steel Industry, Mining & Mineral Processing Industry, Automobile Industry, Petrochemical, Water and Food Processing. Energy & Mining attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Dry Lubricants Market: Type Segment Analysis
-
- Graphite
- Molybdenum Disulfide
- Boron Nitride
- PTFE
- Soft-metal solid lubricants
- Others
Global Dry Lubricants Market: Application Segment Analysis
-
- Oil & Gas
- Steel Industry
- Mining & Mineral Processing Industry
- Automobile Industry
- Petrochemical
- Water and Food Processing
FAQ
Frequently Asked Question
What is the global demand for Dry Lubricants in terms of revenue?
-
The global Dry Lubricants valued at 755.42 Million in 2020 and is expected to reach 813.78 Million in 2028 growing at a CAGR of 1.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Metal Coatings Corp, DuPont, Henkel, Sun Coating Company, Slickote Coatings, Castrol-Lubecon, Everlube, CHP, Sandstrom, Freudenberg(OSK), Surcom Industries(DYNACRON), B'laster, SKF, Everlube, Dow Corning, 3M, Kal-Gard F.A..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 1.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Dry Lubricants include
- Increasing requirement for dry lubricants has excellent properties such as low friction and high-temperature resistance, dry lubricants have anti-galling & anti-seizing properties and also reduces noise, this factors are expected to drive the dry lubricants market globally.
- Widely employed in various end-user application sectors such as electric & electronics industries, and transportation, low friction lubrication offer by dry lubricant is due to the layered infinitesimal system which has a weak bond between them. This factors is expected to increase the sales of dry lubricants market globally.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Dry Lubricants in 2020.