Calcium Sulfonate Market is Growing at Significant Rate, 2028

Introduction

Calcium Sulfonate is categorized under the category of soap thickener which is primarily used for the formulation of greases and specialties. Greases are generally used in order to enhance the lubrication properties of the moving metal objects or in other words to reduce the friction between the metal surfaces or substrates in order to enhance their operating life. As the global market place is witnessing technological advancement & tremendous growth in industrial and automotive industry, there is a need of value added greases and specialties that can show increased level of efficacy during their operating life. In bulk machineries and complexes the main industry challenge is to fight against corrosion, oxidation and water. Conventional greases available in the market are restricted to some application areas only and unable to address the industry challenges, in high pressure and high temperature condition these conventional greases lost their efficacy. Calcium sulfonate grease exhibits numerous noteworthy properties over these conventional greases such as high viscosity index, extended range of operating temperature, load carrying & wear protection, thermal & mechanical stability in presence of heat & water, resistance to water and many more. With these above said properties calcium sulfonate greases are gaining traction across the globe. Also Calcium sulfonate greases doesn’t use phosphorus, chlorine, lead, antimony and zinc due to which these calcium sulfonate greases has minimal to zero impact on environment.

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Calcium Sulfonate Market: Drivers and Restraints

There are numerous potential attributes implicit behind the increased consumption of calcium sulfonate such as the grease formulated through calcium sulfonate has better mechanical stability, high load carrying ability, better dropping point and better resistance against water, corrosion and oxidation, Also the expansion of end user industries such as marine, food processing, steel, automotive to name a few is providing numerous growth opportunities for calcium sulfonate manufacturers. In order to provide effective operations in the above said industries the players are demanding calcium sulfonate based greases as a material of choice in their operations. Market players present in the value chain focus on augmenting their market position through increasing their product portfolio. Also, they are working on to increase their overall production efficiency, reduce the processing cost without compromising on the product quality, which remains a key area of focus for manufacturers. Likewise, government efforts towards driving the industrial growth also fuel the demand of calcium sulfonate greases over the forecast period. However there are some factors who acts as an adoption barrier for the full-fledged adoption of calcium sulfonate in the market such as high cost is incurred during the formulation of calcium sulfonate greases in order to reach desirable properties.

Calcium Sulfonate Market: Segmentation

On the basis of Grade, the Calcium Sulfonate Market can be segmented as:

Food Grade
Industrial Grade
On the basis of Application, the Calcium Sulfonate Market can be segmented as:

Industrial
Steel
Mining
Marine
Food Processing
Others
Automotive
Commercial Vehicle
Passenger Vehicle
Calcium Sulfonate Market: Region Wise Trends

Asia Pacific is anticipated to hold the maximum market share in terms of demand for calcium sulfonate greases. The demand in the region is primarily created by the expansion of numerous industries primarily in counties like China & India. Increase in urbanization coupled with the government initiatives to support industrial growth in the region creates substantial opportunities for Calcium sulfonate market players. Europe despite of slow economic growth is projected to hold the substantial market share due to increased automobile production. In North America, the resurgence of construction industry along with large amount of food processing units creates demand for calcium sulfonate. Latin America calcium sulfate market will experience a moderate growth owning to large number of mining activities in the region.

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Examples of some of the market participants in the Global Calcium Sulfonate Market identified across the value chain include:

Lubrizol Corporation
Amtecol
Chemtura Corporation
Daubert Chemical Company
ExxonMobil
Fuchs Petrolub AG
Royal Mfg Co
SWEPCO Lubricants
Asianol Greases

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This release was published on openPR.