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dynemechantivibration · 1 month ago

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Dynemech Spring Isolators: Engineering Mastery in Vibration Control Our unique value proposition For more than 23 years, Dynemech has led the sector in cutting-edge industrial equipment sophisticated vibration control technologies. To provide outstanding performance for important mechanical applications globally, we mix creative engineering with tailored vibration dampening solutions. 1. Modern Engineering Excellence

Proprietary vibration control technology supported by significant development and research Solutions with always higher than industry performance criteria in vibration isolation effectiveness Modern design techniques guaranteeing best performance of the isolation system

Natural frequency problems and expertise in controlling resonant frequencies 2. Custom-Engineered Remarks Customized designs depending on particular project criteria and machinery specs thorough study of your particular working environment Solutions tuned for your particular application criteria, including low frequency vibrations 3. Leader in Industry Viscous Damping Technology Improved vibration reduction with sophisticated silicone fluid viscous damping integration unique knowledge in handling: slow run-ups and run-downs of turning machinery Hammers and heavy presses: impact strokes Complex vibrational situations needing exact control of dampening forces 4. Peak Shock Absorption Capacity Improved equipment lifespan via better shock shielding

Less structural strain and less propagation of vibration Integrated frequency isolation with spring and viscous damper synergy Good sound break for better office acoustics 5. All-encompassing Product Selection Designed Solutions: Restrained Spring Isolators with Lateral Restraints Free-standing spring mounts and open spring towers Shock Isolation Spring Viscous Dampers Multi-degree Restrainers for Viscuous Spring Isolators Spring isolators with integrated visco dampers Various uses for anti-vibration mounts For heavy-duty needs, multi-spring mounts For certain uses, rubber air springs Applications specific to a certain industry: forging power presses and hammers Hopper Systems from Iron Ore Foundation in Centrifugation Isolation Equipment for the Power Sector Including Generators CNC machinery and industrial crushers Systems and Compressors for Turbines Applications in HVAC systems 6. Leader of the Global Market reliable partner for OEMs across many continents Export presence in Australia, Saudi Arabia, Europe, Asia, USA 23-year history of vibration control engineering expertise and innovation creative ideas for fastening systems for many different industrial uses THE Dynemech Advantage Our dedication beyond vibration control; we provide complete solutions improving equipment performance, lower maintenance costs, and increase machine lifetime. Dynemech is best for: Less running time for operations improved vibration isolator technology equipment protection Enhanced office safety Reduced running expenses Long equipment lifetime for many mechanical uses

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Dynemech Systems Pvt. LTD Phone: +91-98107601; email: [email protected], www.vibrationmountsindia.com

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marketingreportz · 1 month ago

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Compressor Oil Market - Forecast(2024 - 2030)

Overview

Sample Report Request :

With rising concerns about energy consumption and environmental impact, there is a heightened focus on developing compressor oils that contribute to energy efficiency and environmental sustainability. Manufacturers are innovating with low-viscosity oils and formulations with reduced frictional losses to optimize compressor performance and minimize energy consumption. Additionally, there is a shift towards eco-friendly compressor oil formulations that comply with environmental regulations and promote sustainable practices in industrial operations.

By Base Oil Type: Synthetic Oils (Polyalkylene Glycols (PAGs), Polyalphaolefins (PAOs), Diester and Polyolesters, Phosphate Esters, Silicone Based), Mineral Oil, and Others

By Compressor Type: Positive Displacement Compressor (Rotary Compressor and Reciprocating), Dynamic Compressor (Centrifugal Compressor and Axial Compressor).

By End-Use Industry: Chemical & Petrochemical, Transportation, Food & Beverages, Oil & Gas, Marine, Pharmaceutical, Metal Fabrication, Mining, Energy, and Others.

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, Italy, France, Spain, Netherlands, Russia, Belgium, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, ANZ, Indonesia, Taiwan, Malaysia, and Rest of Asia Pacific), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and RoW (Middle East and Africa)

Inquiry Before Buying :

Key Takeaways

Asia-Pacific region dominated the compressor oil market, due to the high consumption of compressor oil in emerging and developing Asian countries such as India, China, Japan, Malaysia, South Korea, and others.

Growing demand for compressor oil as they help to reduce production cost in various end-use industries such as chemical & petrochemical, oil & gas, and others. According to the American Chemistry Council (ACC), in the United States, chemical exports are expected to grow by US$ 134.5 billion in 2021.

Increasing demand for synthetic lubricants as they have various properties such as anti-oxidation, excellent thermal stability, excellent viscosity index, and others is estimated to growing the compressor oil market size.

Compressor Oil Market Segment Analysis — by Type

The synthetic oil segment is projected to witness the highest share of 55% in the compressor oil market in 2023 as it comes with excellent properties such as anti-oxidation and thermal stability. Polyalphaolefins synthetic oil can contribute to an extended service life of machine parts at a low cost. Synthetic oil provides outstanding viscosity index, high flash point, low pour point, and excellent hydrolytic stability, thus it is widely required in air compressors especially vane and screw compressors. Furthermore, synthetic lubricant improves the fuel efficiency of machine parts and reduced operating costs. Hence, the consumption of synthetic base oil is estimated to influence the market for compressor oil

Compressor Oil Market Segment Analysis — By Compressor Type

Positive displacement compressor type segment held the largest share of 56% in the compressor oil market in 2023 as they have excellent operational efficiency. Positive displacement compressors capture the volume of air in a chamber. They help to reduce the volume of the chamber to compress the air. This type of compressor uses vanes instead of helical blades on a rotor to compress air that enters the cavity. Positive displacement compressor uses a piston for air compression that moves backward and forward. A rotary compressor is a very required positive displacement air compressor type. It sucks air into the cylinder, then closes the valve, and compresses the air with two rotors. These rotors rotate regularly and run through the chamber. Compressor oils lower the temperature of the operation during the mixture of air and oil. The maximum output of a rotary compressor is mostly 600 horsepower and 1000 horsepower of the reciprocating compressor. Hence, the growing demand for positive displacement compressors is estimated to grow the consumption of compressor oil.

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Compressor Oil Market Segment Analysis — By End-Use Industry

Chemical & petrochemical sector held the largest share in the compressor oil market in 2023 and is growing at a CAGR of 4.6% during this forecast period of 2024–2030, as compressor oil increases the service of machine, reduces operational cost & power consumption during operation. Thus, the increasing chemical & petrochemical industry is estimated to grow the consumption of compressor oil. Apart from this, according to the U.S. Energy Information Administration, the total natural gas production is projected to contribute 30% and more than 75% in Canada & Mexico, respectively by 2040. Hence, all factors are estimated to grow the consumption of compressor oil. The use of compressor oils in the chemical and petrochemicals industry is to guarantee the untroubled functioning of the machine parts and also help in minimizing the expenses and increasing the lifetime of the machine.

By Geography — Segment Analysis

Asia Pacific dominated the compressor oil market in 2023 with a share of more than 45%. China and India are expected to witness high demand for compressor oil during the forecast period, with the growing need from the oil & gas industry, automotive industry, chemical & petrochemical industry, and others. Compressor oils provide different advantages such as reduces energy consumption, reduces operational cost, longer life, corrosion resistance, synthetic solvency, and others. Thus, these lubricants are widely consumed by end-use sectors. According to the U.S. Energy Information Administration, the total natural gas production is projected to contribute more than 40% in China by 2040. As compressor oils are used in power transmission to machines and engines, so the increasing automotive industry is also estimated to grow the consumption of compressor oil. Additionally, according to the Association of Automobile Manufacturers, China has become a world leader in the electric bus segment which grows in production of electric buses at 34% by 2025. Hence, such factors are estimated to grow the demand for compressor oil in the region.

For More Details on This Report — Request for Sample

Drivers — The Compressor Oil Market

Increasing Consumption of Compressor Oil from Automotive Industry

Compressor oil lubricants are used for inflating vehicles, cars, and motorcycle tires. These air compressor oil used to transfer power to the machine and engines. Compressor oil is used in the production cycle of the automotive industry due to its ease of maintenance and reduction in operative costs. Thus, increasing automotive production is estimated to grow the consumption of compressor oil. In 2023, the Australian car market experienced growth despite widely publicized supply issues. A total of 1,081,429 new cars, SUVs, and commercial vehicles were delivered, marking the best result since 2018 when 1,153,111 vehicles were sold. Toyota secured the top spot in annual sales, achieving its best result in 14 years. Mazda followed in second place, while Kia achieved its best-ever result for a third-place finish. Notably, battery electric vehicles accounted for 3.1% of sales, and this trend is expected to continue in 2023 with more affordable models from China entering the market1.

Fast forward to 2023, and the Australian new vehicle market has rebounded significantly in the first half of the year, showing 8.2% growth compared to the same period in 2023. Some interesting developments include, Hence, such factors are expected to grow the compressor oil market size

Growing Demand for Positive Displacement Air Compressor

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Positive air compressors such as rotary compressors and reciprocating compressors are widely used as they require a low cost of production. The positive air compressor has a high-pressure ratio, thus it is widely used in refrigerators, chemical plants, automotive cylinders, and hydraulic cylinders. Reciprocating positive displacement air compressors are designed for the double or single chamber, as they use the piston for the constant movement of air in the chamber. Apart from this, rotary compressor such as screw compressor has safety devices that are fully packaged and pre-installed. Hence, as it reduce the production cost, the demand for positive displacement air compressor is estimated to boost from the chemical industry which, in turn, is expected to grow the compressor oil market size.

Challenges — Compressor Oil Market

Volatility in Raw Material Prices

Synthetic oils are typically created from chemically modified materials such as petroleum components but the base material is always distilled crude oil. Although polyalphaolefin is produced through a synthetic chemical process that originated from ethylene. Ethylene is produced by cracking crude oil. Hence, fluctuation in crude oil prices may hamper market growth. The U.S. Energy Information Administration (EIA) projected that Brent crude oil prices would average $83 per barrel in 2023, down from $101/b in 2022. This decline was mainly due to expectations of global oil production outpacing consumption. Another forecast indicated that the Brent price would stay relatively flat through the second quarter of 2023, averaging $85/b, and then decline through the end of the year.

Compressor Oil Market Landscape

Technology launches, acquisitions, and R&D activities are key strategies adopted by players in the Compressor Oil Market. Major players in the Compressor Oil Market are Chevron U.S.A. Inc, Croda International Plc, Eurol, Exxon Mobil Corporation, FUCHS, HP Lubricants, LUKOIL Marine Lubricants DMCC, OMSC, Royal Dutch Shell plc, Sasol and among others.

Developments:

In February 2023, Chevron Shipping Company LLC, a subsidiary of Chevron Corporation, announced an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd. to install new technologies to support the energy transition goals and lower carbon footprint of Chevron vessels

For More Information about Compressor Oil Market report click here

#CompressorMaintenance #LubricationMatters #CompressorOil #EfficientCooling #IndustrialSolutions

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webcadence · 2 months ago

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SWAM: The Leading Blowers and Vacuum Products Manufacturer in India

In an era where industrial growth is propelled by the latest advancements in technology, the demand for high-quality industrial equipment such as blowers, compressors, and vacuum pumps has never been higher. One company that has consistently met these demands with cutting-edge solutions is SWAM. As Asia's largest blowers and vacuum products manufacturer in India, SWAM is known for its exceptional product quality, international certifications, and innovation-driven solutions that cater to diverse industrial needs.

With more than three decades of experience, SWAM has established itself as the go-to air blowers manufacturer in Delhi, catering to industries both locally and globally. Let’s explore why SWAM is recognized as the best choice in the market.

1. ISO-9001:2008 Certified for Unmatched Quality

One of the key factors behind SWAM’s success is its commitment to quality. The company is ISO-9001:2008 certified, a standard that demonstrates its dedication to providing products that meet the highest levels of quality management. SWAM's rigorous production processes and stringent quality controls ensure that their blowers, compressors, and vacuum pumps meet international standards, making them a trusted name across industries.

For industries that rely on uninterrupted and efficient operations, the importance of high-quality equipment cannot be overstated. Whether it's the chemical, pharmaceutical, or energy sectors, SWAM’s products consistently deliver superior performance, durability, and reliability.

2. Global Presence as a Top Air Blower Exporter

SWAM’s influence extends far beyond the Indian market. The company is a prominent air blower exporter with a presence in more than 15 countries, including India, the UAE, the USA, and Australia. This global reach is a testament to SWAM’s ability to deliver world-class products and services to clients across continents.

Whether it’s complying with international safety standards or offering products tailored to regional requirements, SWAM has proven its capability to meet the diverse needs of global industries. Their extensive global network also ensures swift customer service and after-sales support, making them a reliable partner in the global industrial equipment space.

3. Expertise in Quality Focus Management

Quality is a cornerstone of SWAM’s operations. The company follows a robust quality management system that ensures every product leaving its factory floor meets strict quality guidelines. With a focus on continuous improvement, SWAM’s team of skilled professionals strives to develop products that exceed customer expectations.

This attention to quality is why SWAM’s blowers and vacuum products have garnered a reputation for efficiency, longevity, and consistent performance. The company’s dedication to quality extends from the initial design phase through production, testing, and delivery, ensuring clients get products they can rely on.

4. Highly Skilled Team of Professionals

At SWAM, innovation and excellence are driven by a team of highly qualified professionals. Engineers, designers, and technicians work collaboratively to ensure that every product is manufactured with the utmost precision. SWAM invests heavily in training and development, ensuring that its team stays updated with the latest technological advancements and industry trends.

This collective expertise allows SWAM to deliver tailored solutions that meet the unique needs of each client, whether they are looking for customized blowers or vacuum systems designed for specific industrial applications.

5. Innovation in Design and Development

What sets SWAM apart from other manufacturers is its focus on innovation. As a forward-thinking air blowers manufacturer in Delhi, the company continually invests in research and development to create products that address the evolving demands of modern industries. SWAM’s engineers design energy-efficient blowers, compressors, and vacuum systems that not only enhance operational performance but also help reduce energy consumption, making them a sustainable choice for businesses.

In a world increasingly conscious of environmental impacts, SWAM’s commitment to developing eco-friendly and energy-efficient products gives them a competitive edge, both in India and on the international stage.

6. Over Three Decades of Experience

With over 30 years of experience in the industry, SWAM has developed a deep understanding of its clients’ needs and the challenges they face. This wealth of experience has allowed the company to deliver products that stand the test of time, making them a preferred choice for industries that require long-lasting and reliable equipment.

From large-scale manufacturing plants to specialized industrial setups, SWAM’s products have been successfully deployed across a variety of sectors, proving their versatility and dependability.

7. Diverse Range of Blowers and Vacuum Products

As a leading blowers and vacuum products manufacturer in India, SWAM offers an extensive range of products that cater to multiple industrial requirements. Their portfolio includes:

Gas Boosters

Vane Compressors

Vacuum Pumps

Turbo Blowers

Rotary Blowers

This wide range of products makes SWAM a one-stop solution for industries looking for reliable equipment that can meet a variety of operational demands.

Conclusion

SWAM’s position as a trusted air blowers manufacturer in Delhi and a leading air blower exporter stems from its unwavering commitment to quality, innovation, and customer satisfaction. Whether you’re in need of durable vacuum pumps, high-performance blowers, or customized compressors, SWAM has the expertise and product range to meet your needs.

With over three decades of industry experience and a presence in more than 15 countries, SWAM continues to set the benchmark for excellence in the blowers and vacuum products sector.

For more details about their product offerings, visit www.swamatics.com or get in touch with their sales team at [email protected]. You can also reach them directly at +91-9910302163 for any inquiries.

#blower exporter #blowers manufacturer #leading blower manufacturing company

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priyanshisingh · 3 months ago

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Air Suspension Market Overview: Growth Factors and Future Trends (2023-2032)

The Air Suspension Market is projected to grow from USD 18,554.78 million in 2024 to USD 25,589.49 million by 2032, reflecting a compound annual growth rate (CAGR) of 4.10%.

Air suspension is an advanced automotive technology designed to replace traditional steel or coil springs in vehicles. This system uses air-filled rubber bladders, also known as air springs, which are controlled by an onboard compressor and valves that regulate the pressure within the bladders. The primary advantage of air suspension lies in its ability to provide a smoother and more adaptable ride compared to traditional suspension systems. By adjusting the air pressure in the bladders, the system can alter the vehicle's ride height and stiffness, enabling it to handle different loads and road conditions more effectively. This adaptability is particularly beneficial for heavy-duty vehicles like trucks, buses, and RVs, where the load can vary significantly. Additionally, air suspension systems enhance the overall driving experience by improving ride comfort, stability, and handling, especially on uneven or rough terrain. They also contribute to better aerodynamics by allowing the vehicle to maintain a consistent ride height, which can improve fuel efficiency.

Here are the key trends in the air suspension market:

Increasing Demand for Ride Comfort: Consumers, particularly in the luxury vehicle segment, are demanding smoother and more comfortable rides, driving the adoption of air suspension systems.

Technological Advancements: Integration of advanced electronic control systems in air suspensions allows for precise adjustments, improving vehicle handling, stability, and overall performance.

Focus on Vehicle Load Management: Air suspension systems are increasingly used in commercial vehicles for their superior load-carrying capabilities, enabling automatic adjustment of ride height based on cargo weight, enhancing safety and efficiency.

Growth in Electric and Hybrid Vehicles: The rise of electric and hybrid vehicles is contributing to the air suspension market, as these vehicles often require sophisticated suspension systems to manage battery weight and ensure ride quality.

Regulatory Push for Emissions Reduction: Air suspension systems can contribute to better aerodynamics and fuel efficiency, aligning with global regulatory efforts to reduce vehicle emissions.

Aftermarket Growth: There is a rising trend in the aftermarket sector for retrofitting vehicles with air suspension systems, driven by the desire to upgrade existing vehicles with modern comfort and performance features.

Expansion in Commercial Vehicle Segment: The commercial vehicle segment, including trucks and buses, is increasingly adopting air suspension systems to improve ride quality, reduce maintenance costs, and enhance vehicle durability.

Customization and Personalization: Air suspension systems offer significant customization options, allowing consumers to tailor ride height and stiffness according to personal preferences, further driving demand.

Rising Popularity in Developing Markets: Growing automotive industries in developing regions are adopting air suspension systems, driven by increasing consumer awareness and demand for premium features in vehicles.

Integration with Autonomous Vehicles: The development of autonomous vehicles is expected to drive further innovations in air suspension technology, as these systems play a crucial role in ensuring smooth and stable rides for driverless cars.

Key Player Analysis

Hitachi Automotive, Ltd.

WABCO

LORD Corporation

ZF Friedrichshafen AG

VB-Air Suspension

Dunlop Systems and Components

Mando Corporation

Magneti Marelli S.p.A.

Hendrickson USA, L.L.C.

ThyssenKrupp AG

Firestone Industrial Products

Beijing West Industries Co., Ltd.

Continental AG

Accuair Suspension

Air Lift Company

More About Report- https://www.credenceresearch.com/report/air-suspension-market

The air suspension market is witnessing varied growth across different regions, driven by regional factors such as automotive industry development, economic conditions, and consumer preferences. Here’s a regional analysis of the air suspension market:

North America: The air suspension market in North America is robust, primarily due to the strong presence of the automotive industry and high demand for luxury vehicles and commercial trucks. The United States and Canada are key markets where the adoption of advanced suspension technologies is driven by consumer demand for comfort and the need for efficient load management in commercial vehicles. The growing trend towards electric vehicles (EVs) is also supporting the adoption of air suspension systems in the region.

Europe: Europe is a significant market for air suspension systems, particularly due to the region's focus on automotive innovation and stringent regulations on vehicle emissions and safety. Countries like Germany, the UK, and France are leading in the adoption of air suspension technologies, driven by the high demand for luxury and performance vehicles. The presence of major automotive manufacturers in the region, coupled with the increasing popularity of electric and hybrid vehicles, is further propelling market growth.

Asia Pacific: The Asia Pacific region is experiencing rapid growth in the air suspension market, driven by the expanding automotive sector, particularly in China, Japan, and India. The rising demand for commercial vehicles and the growing consumer preference for luxury features in passenger cars are key drivers. Additionally, the region's focus on improving road infrastructure and the increasing adoption of electric vehicles are contributing to the growth of air suspension systems. The aftermarket for air suspension systems is also gaining traction in this region, as consumers seek to upgrade their vehicles.

Middle East and Africa: The air suspension market in the Middle East and Africa is growing steadily, particularly in the commercial vehicle segment. The demand for air suspension systems is driven by the need for vehicles that can handle heavy loads and navigate challenging terrains. The region's luxury vehicle market is also contributing to the adoption of air suspension systems, especially in countries like the UAE and Saudi Arabia, where there is a high demand for premium automotive features.

Latin America: In Latin America, the air suspension market is gradually expanding, with increasing adoption in both the commercial and passenger vehicle segments. Brazil and Mexico are the leading markets in the region, driven by the growth of the automotive industry and the increasing demand for vehicles that offer better ride comfort and load management. Economic fluctuations and varying consumer preferences across the region pose challenges, but the market is expected to grow as automotive production and sales improve.

Overall, the air suspension market is expanding globally, with each region experiencing growth driven by local automotive trends, economic conditions, and consumer demands.

Segments:

Based on Control Type:

Electronically Controlled Air Suspension

Non-electronically Controlled Air Suspension

Based on Application Type:

Passenger Cars

Commercial Vehicles

Based on End User:

OEM

Aftermarket

Browse the full report – https://www.credenceresearch.com/report/air-suspension-market

Browse Our Blog: https://www.linkedin.com/pulse/air-suspension-market-analysis-global-industry-trends-z7pjf

Phone: +91 6232 49 3207

Email: [email protected]

Website: https://www.credenceresearch.com

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bogeusa · 4 months ago

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Top Turbo Air Compressors for Industrial Use

At BOGE America, Inc., we excel as turbo air compressor manufacturers, delivering cutting-edge solutions for high-efficiency air compression. Our turbo air compressors are engineered to provide superior performance and reliability for demanding industrial applications. With a focus on innovation and quality, BOGE offers advanced technology to meet your air compression needs. Discover our range of high-performance compressors and experience excellence in every application.

#Turbo Air Compressor Manufacturers #Air Compressor Manufacturers

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elgiusa · 4 days ago

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ELGi’s industrial air compressors are designed for optimum efficiency

ELGi’s industrial air compressors are designed for optimum efficiency while requiring minimum maintenance to meet your demands of compressed air.

#industrial air compressors #industrial air compressors usa #air compressor #air compressor usa #elgi industrial air compressors

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penryair · 2 years ago

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ELGI Air Compressor | ELGI Compressor | ELGI Equipment - PenryAir

ELGI Air Compressors are known for their high performance and durability. These compressors are designed to deliver reliable, energy-efficient performance, making them a popular choice for a variety of industrial and commercial applications. ELGI compressor are available in a range of sizes and configurations and can be customized to meet the specific needs of each customer. You can find ELGI compressors at PenryAir.

#Elgi #Compressor #Penry Air #industrial air compressors #USA #Nebraska #Elgi Compressor

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marketingreportz · 2 months ago

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Lubricant Additives Market,Industry Forecast, 2024–2030.

Lubricant Additives Market Overview

Request Sample :

The increasing public interest in sustainable products has been a driving force behind the growing demand for Lubricant Additives. This trend aligns with the significant traction seen in bio-based lubricant additives, propelled by environmental concerns and regulatory pressures surrounding emission norms. These additives, derived from renewable resources, offer eco-friendly and sustainable solutions, reducing dependency on traditional petroleum-based additives. They exhibit improved biodegradability, lower toxicity, and enhanced lubrication performance. Manufacturers are investing in research to develop innovative bio-based additives that meet stringent performance requirements across various applications, from automotive to industrial lubricants. The increasing adoption of bio-lubricants is driven by a growing emphasis on sustainability and a push for greener alternatives across industries.

Additionally, there’s a growing demand for lubricant additives that offer multifunctional benefits beyond basic lubrication. Advanced functional additives are designed to cater to specific applications and address evolving performance requirements such as anti-wear, extreme pressure protection, friction reduction, and viscosity control. Manufacturers are focusing on developing additives with improved thermal stability, oxidation resistance, and compatibility with modern base oils. These additives are crucial for meeting the demands of high-performance engines, machinery, and equipment in diverse industries like automotive, aerospace, marine, and manufacturing. The trend is shifting towards tailored additives that offer enhanced performance under extreme operating conditions, prolonging equipment lifespan and reducing maintenance costs.

Inquiry Before Buying :

COVID-19 Impact

COVID-19 pandemic had negatively impacted the lubricant additives market on a global level, as due to restrictions and lockdown imposed by governments all across the globe, the productivity went down of various manufacturing sectors like metalworking, fabricating oil & gas, chemicals, consumer goods, etc. But the automobile sector was majorly hit, as there was shutting down of large part of the auto industry and its many suppliers around the world. Hence due to this, vehicle usage, as well as vehicle sales, took a downfall. And as lubricants additives are used mainly in heavy-duty and passenger vehicle lubricants, so with the decline in vehicle production the demand for lubricant additives especially the passenger vehicle lubricant in the automotive segment also declined. As per the International Organization of Motor Vehicle Manufacturing, in 2020 there was a 16% global decline in vehicles production i.e., less than 78 million vehicles, with all major producing regions like the U.S, Brazil, Germany having a sharp decline of 11% to 44% and Europe saw a drop of 21% on average.

Market Snapshot:-

Report Coverage

The report: “Lubricant Additive Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Lubricant Additive Industry.

By Product Type — Hydraulic Oil, Gear Oil, Engine Oil, Transmission Oil, Compressor Oil (Air Compressor Oil, Gas Compressor Oil, Refrigerator Compressor Oil)

By Additive Type — Anti-Oxidants, Anti-Wear, Viscosity Improvers, Corrosion Inhibitors, Detergents, Dispersants, Others

By Application — Heavy Duty engine, Metal Working Fluids, Industrial Machinery, Others

By End-user-industry — Construction (Draglines, Crane, Bulldozer, Dump Trucks, Others), Automotive (Passenger Vehicles, Heavy Vehicles, Light Vehicles, Others), Agriculture (Tractors, Harvester, Balers, Harrows, Others), Food & Beverages, Energy (Wind Turbine, Solar Plant, Hydropower plant) Manufacturing, Others By Geography — North America (USA, Canada, Mexico), Europe (UK, Germany, France, Italy, Netherland, Spain, Russia, Belgium, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, Rest of South America), Rest of the World (Middle East, Africa)

Schedule a Call :

Key Takeaways

Bio-lubricants are becoming a suitable replacement for petroleum-based lubricants as they provide better lubricity, high flashpoint, high viscosity index. And as bio-based lubricants are derived from bio-based raw material, so they are environmentally friendly.

Asia-Pacific region dominates the Lubricant Additive Market, industrial and automotive sector in countries like China, India, Japan is rapidly advancing. The region has become a global manufacturing and commercial hub where several major companies are planning to invest to expand their global image

The development of new and efficient lubricating technology like Matched Molecular Chemistry, which is more efficient, requires less maintenance and water cooling for industrial application has created significant growth opportunities for the lubricant additive industry

For more details on this report — Request for Sample

Lubricant Additive Market Segment Analysis — By Product Type

Engine oil held the largest share in the Lubricant Additive Market in 2023, with a share of over 30%. As it helps to preserve engine performance, reduce wear and tear of machinery, provide prolonged life to it with consistent use, therefore it is used for all different kinds of machinery and engines. They are also used in heavy industrial equipment such as automobiles or construction equipment. For instance, In August 2023, China implemented robust measures to address its property market crisis, including the relaxation of mortgage policies and the initiation of guidelines for affordable housing construction. Hence such demand for affordable housing and an increase in infrastructure projects will drive construction in the country, due to which demand for engine oil used in heavy equipment like cranes and scrapers used in the construction sector will also increase.

Lubricant Additives Market Segment Analysis — By Additive Type

Viscosity index improvers held the largest share in the lubricant additives market in 2023, with a share of over 35%. Viscosity improver is majorly used to enhance the performance of the engine as it improves the performance of lubricant at high and low temperatures. As they are made of a polymeric molecule, so they are sensitive to changes in temperature i.e., the molecular chain contracts at low temperature and relax at high temperature. The automotive industry is the main user of this additive. In 2022, motor vehicle production in the U.S increased up to 9.8%. And, as per the European Association of Motorcycle Manufacturers, New motorcycle registrations in five of the largest European markets i.e. France, Germany, Italy, Spain and the UK) reached 873,985 units during the first nine months of 2023. This represents an increase of approximately 11.8% compared to the same period in 2022. As the production of two-wheeler and motor vehicles are increasing in the automotive sector in these regions, so demand for viscosity index improvers which is used in various automobile oils like engine oil, gear oil, hydraulic oil, transmission oil, etc. will also increase.

Lubricant Additive Market Segment Analysis — By Application

Heavy-Duty Engine held the largest share in the Lubricant Additive Market in 2023, with a share of around 40%. The lubricant for the heavy-duty engine is mainly used in heavy and off-road equipment like diesel trucks, bulldozers, Graders, etc. And it provides certain benefits like enhancing fuel economy, increase in engine life, minimizing downtime for equipment and vehicle, etc. As the equipment is used mainly in construction projects so their selection depends upon the work and economy of the project. For instance, in 2022, construction projects surged notably in the U.S., driven by policies like the IIJA and CHIPS Act, notably boosting facilities such as semiconductor factories and automobile assembly plants. Hence, with the increase in such construction projects the demand for lubricants used in heavy-duty equipment like a bulldozer, excavators will also increase.

Lubricant Additive Market Segment Analysis — By End User

The automotive segment held the largest share in the Lubricant Additive Market in 2023, with a share of over 45%. Lubricant additives are used in an automobile to clean, cool, prevent metal parts from corrosion and rust. Lubricants like engine oil are used to enhance fuel efficiency and performance of the engine in automobiles and gear oil is used in automobile gearbox to protect gear parts from high mechanical pressure. Hence with the rapid development in the automotive sector and increase in production of vehicles in major regions, the demand for gear and engine oil will also increase as it has high applicability in the automotive sector. For instance, as per the International Organization of Motor Vehicle Manufacturing, the global production volume of vehicles increased to 61 million in 2022 from 57 million, the previous year. As per European Automobile Manufacturers Association, the production of passenger cars in the EU increased by 8.3% in 2022.

Lubricant Additive Market Segment Analysis — By Geography

Asia-Pacific held the largest share in the lubricant additives market in 2023, with a share of over 35%. It is due to factors such as rising economies and an increase in investments in various industrial sectors. As per the Indian Brand and Equity Foundation, the automobile industry attracted Foreign Direct Investment equity inflow (FDI) worth US$34.74 billion between April 2000-March 2023, accounting for 5.45% of the total equity FDI during the period. As per the 2022 report of the European Automobile Manufacturers Association on global vehicle production, China produces 34.1% of 68.5 million cars manufactured worldwide followed by Europe 19.4%. And as per China Electronic Information Industry Development, the country is expected to spend US$1.4 trillion on new infrastructure projects between 2020–2025, including investments in renewable energy and residential buildings. Hence as the construction and automobile sector in China and India and the automobile sector in Japan & Korea are rapidly developing, so this has led to an increase in demand for advanced lubrication in these sectors in the Asia Pacific region.

Lubricant Additive Market Drivers

Changes in Automobile Engines Technology

Modern engines in terms of reliability and efficiency depend directly on the effectiveness of the lubricating system. lubrication is responsible for cooling internal parts of the engine which are acting relative to each other creating friction and heat which results in overheating. With the advancement in passenger car engine technology like Gasoline Direct Injection & Turbocharge Gasoline Direct Injection, there have been some advancements in lubricant standards too. For instance, in 2022, the evaluation commenced for the prospective ILSAC GF-7 standard, intended to supersede GF-6. The proposed improvements span crucial engine tests, aiming to adapt to evolving engine technologies, address component availability concerns, and align with potential EPA/CARB regulations. Hence such implementation will increase demand for lower viscosity index improvers lubricants as they are used in all vehicles and efficiently reduce engine friction.

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Nation’s effort for Achieving Fuel economy

For improving vehicle efficiency and transition to low carbon vehicles, various initiative has been launched in nations globally focusing on all automobile sectors like light-duty vehicles, heavy-duty vehicles, buses, motorcycles, trucks, etc. For instance, The Global Fuel Economy Initiative (GFEI) promotes fuel efficiency in cars and light duty vans, through the adoption of the cost-effective fuel efficiency technologies. These fuel efficiency gains would save 33Gt of CO2 by 2050 and $2 trillion by 2025, money which could be used to support the transition to electric vehicles. Hence such initiative will increase the demand for efficient lubricants like bio-based and nanotube-based lubricants that can be used in new vehicles to achieve low engine friction and fuel economy.

Lubricant Additive Market Challenge

Growing demand for E-Vehicles

Due to rising environmental concerns and growing technological advancements consumers have started shifting their demand from fuel combustion vehicles to electric hybrid vehicles. Various automotive plants for e-vehicles are being set up in countries. For instance, as per European Automobile Manufacturing Association, in 2022, the share of electric vehicles in new car registrations increased in almost all countries compared with the previous year. The highest shares were found in Norway (89%), Sweden (58%) and Iceland (56%). And as per the International Energy Agency, EV sales are expected to continue strongly through 2023. Over 2.3 million electric cars were sold in the first quarter, about 25% more than in the same period last year. We currently expect to see 14 million in sales by the end of 2023. Hence such an increase in demand and production of e-vehicles can ban petrol and diesel vehicles which are the main consumers of lubricant, thereby negatively impacting the lubricant additive industry.

Lubricant Additive Industry Outlook

The companies to develop a strong regional presence and strengthen their market position, continuously engage in mergers and acquisitions. Some of the major players in this market are as follows:

BASF SE

Croda International PLC

Evonik Industries AG

The Lubrizol Corporation

Afton Chemical Corporation

Infineum International Limited

BRB International

Chevron Oronite Company

LANXESS

Tianhe Chemicals Group

Recent Developments

In November 2023, IMCD China’s acquisition of Guangzhou RBD Chemical, a specialist in lubricant additives, signaled a significant stride in the Chinese industrial landscape. This strategic move fortified IMCD’s position, leveraging RBD’s extensive 20-year expertise in South China’s lubricants market. The acquisition, expected to close in Q1 2024, promises a transformative collaboration, enriching IMCD’s foothold in the lubricant additives sector.

In November 2023, Trecora LLC’s acquisition of Chemtrade’s Lubricant Additives Business expanded its specialty chemical division, enhancing its portfolio and meeting dynamic lubricant demands. This strategic move highlighted industry collaboration, emphasizing market adaptability and innovation.

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#LubricantAdditives #EngineProtection #FrictionReduction #WearResistance #IndustrialLubricants

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spookysaladchaos · 6 months ago

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Global Top 13 Companies Accounted for 54% of total Axial Piston Hydraulic Motors and Pump market (QYResearch, 2021)

The Axial Piston Hydraulic Motors and Pumps industry can be broken down into several segments, Axial Piston Hydraulic Motors, Axial Piston Hydraulic Pumps, etc.

Across the world, the major players cover Bosch Rexroth Ltd., Bondioli & Pavesi SPA, etc.

An axial piston pump is a positive displacement pump that has a number of pistons in a circular array within a cylinder block. It can be used as a stand-alone pump, a hydraulic motor or an automotive air conditioning compressor. Axial piston motors are available in swash plate or bent axis design for medium- and high-pressure applications.

According to the new market research report “Global Axial Piston Hydraulic Motors and Pumps Market Report 2023-2029”, published by QYResearch, the global Axial Piston Hydraulic Motors and Pumps market size is projected to reach USD 2.29 billion by 2029, at a CAGR of 3.7% during the forecast period.

Figure. Global Axial Piston Hydraulic Motors and Pumps Market Size (US$ Million), 2018-2029

Figure. Global Axial Piston Hydraulic Motors and Pumps Top 13 Players Ranking and Market Share（Based on data of 2021, Continually updated）

The global key manufacturers of Axial Piston Hydraulic Motors and Pumps include Bosch Rexroth, Hengli, Danfoss Group, Linde Hydraulics, Bondioli & Pavesi SPA, Kawasaki, Eaton Corporation, Parker-Hannifin Corporation, Hydrosila, HAWE Hydraulik SE, etc. In 2021, the global top 10 players had a share approximately 54.0% in terms of revenue.

About QYResearch

QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.

QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

#Axial Piston Hydraulic Motors and Pump

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