Press release
Global Wire Drawing Lubricants Market Growing at 3.1% CAGR Will Hit 320 million US$ in 2025
Lubrication in the drawing process is essential for maintaining good surface finish and long die life. The following are different methods of lubrication:Wet drawing: the dies and wire or rod are completely immersed in lubricants.Dry drawing: the wire or rod passes through a container of lubricant which coats the surface of the wire or rod
The global Wire Drawing Lubricants industry is a niche market with high technic barrier. The major manufacturers are concentrated in European countries like France, Germany, UK, such as TRAXIT International, CONDAT, Zeller+Gmelin. Kyoeisha and Adeka are leading suppliers in Asia market. At present, TRAXIT International is the world leader in terms of sales volume, holding 22.28% production market share in 2017.
The global Wire Drawing Lubricants consumption market is led by China and China is the largest region consumption market, accounting for about 38.91% of global consumption of Wire Drawing Lubricants. Wire Drawing Lubricants have broad distribution network in the worldwide, however, they tend not to set plants in multiple regions, since demand of specialty lubricants is relatively small.
The Global Wire Drawing Lubricants market size was 247.14 million USD in 2017 and it will be305.04 million USD in 2024, with a Growth Rate of 3.05% from 2017 to 2024. In terms of volume, the Global Wire Drawing Lubricants market size was 82145MT in 2017 and it will be 104045MT in 2024, with a Growth Rate of 3.43% from 2017 to 2024.
The global Wire Drawing Lubricants market is valued at 250 million US$ in 2018 is expected to reach 320 million US$ by the end of 2025, growing at a CAGR of 3.1% during 2019-2025.
This report focuses on Wire Drawing Lubricants volume and value at global level, regional level and company level. From a global perspective, this report represents overall Wire Drawing Lubricants market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
TRAXIT International
CONDAT
Zeller+Gmelin
Kyoeisha
Adeka
Chemetall
Bechem
Metalube
Aztech Lubricants
Petrofer
Blachford
Holifa
Fuchs
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Dry Wire Drawing Lubricants
Wet Wire Drawing Lubricants
Segment by Application
Carbon Steel Wire
Stainless Steel Wire
Tire Bead & Cord
Galvanized Wire
Aluminum & Alloy Wires
Copper Wires
Other Applications
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For the better understanding of the Wire Drawing Lubricants market, this report has provided a detailed analysis of trends, drivers and restraints that dominate the present market scenario and also the future status of the global Wire Drawing Lubricants market during the projected period of 2019-2025.While classifying these segments, the expert team of analysts have listed down the relative contribution of each segment for the growth of global Wire Drawing Lubricants market. Detail information of segments is required to recognize the key trends influencing the global market for Wire Drawing Lubricants
Each segment of the Wire Drawing Lubricants market provides an in-depth information on the qualitative and quantitative aspect of the market. While giving a brief idea about the revenue opportunities for all the segments, the Wire Drawing Lubricants report has also provided the value of absolute dollar opportunity for all the segments over the predicted period of 2019-2025.
Global Wire Drawing Lubricants Market Competitive Landscape
The report of global Wire Drawing Lubricants market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected year.
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