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Knitting Oils Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027
Knitting Oils Market
The process of forming fabrics through yarns, with a number of consecutive loops or stiches, is called knitting. The friction is developed in the pair of needle and sinker. Knitting oils are used to provide lubrication between a pair of needle and sinker during the knitting process.
Knitting oils are synthesized from high quality light colored mineral oils. This has improved oxidation resistance. Furthermore, they are fortified with special additives in order to impart the excellent property of scourability, which makes them perform self-removal operations during the wet processing for oil stains from the final fabric.
Knitting oils can be employed to enhance the overall efficiency of the fabric manufacturing process. Demand for fabrics with enhanced properties is estimated to be high during the forecast period. This can be ascribed to the preferential shift among end-users to opt for high quality fabric with higher prices over low quality fabric. In turn, this is projected to positively impact the demand for knitting oils market during the forecast period. However, higher prices of knitting oils may hamper the global market during the forecast period.
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Knitting Oils for Circular Knitting Machines to Offer Lucrative Opportunities
Circular knitting machines are used to manufacture various designs with stitch structures such as fleece, blister, 2-sided fabrics, interlock, rib, mattress ticking, needle set-out, plated plush, transfer technique, jacquard, and waffle. Furthermore, dyed as well as raw yarns can be fed into circular knitting machines.
Demand for knitted apparel has been rising significantly in diverse applications such as sportswear, shape wear, casuals, protective wear, and winter wear due to the improvement of lifestyle and rise in disposable income of the people, primarily in emerging economies
On the other hand, circular knitting machines are preferred for bulk production, owing to their ability to manufacture large diameter fabrics. This is anticipated to fuel the demand for knitting oils in circular knitting machines during the forecast period.
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Asia Pacific to Hold Leading Share of Global Knitting Oils Market
Geographically, the global knitting oils market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Asia Pacific is a leading consumer of knitting oils, followed by Europe and Asia Pacific. Presence of a well-established textile manufacturing industry in China, India, Bangladesh, and Pakistan is driving the demand for knitting oils in Asia Pacific.
Increase in adoption of technological advancements, primarily in China and India, in the manufacturing process of fabric has augmented the demand for advanced materials for efficient operations. This is projected to boost the knitting oils market in Asia Pacific.
Thus, knitting oils market in Asia Pacific is projected to rise at rapid pace region during the forecast period
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Key Players Operating in Knitting Oils Market
The global knitting oils market is highly fragmented, with the presence of local and global players. Key players operating in the global knitting oils market are:
Vickers Oils
BECHEM
Nye Lubricants
Promar
Dutch Lube Company
Matsumoto Yushi Seiyaku
Kocak Petroleum
Zschimmer and Schwarz
Hindustan Petroleum
Behran Oil
Lube Chem Industries
SAHA Istanbul
Klueber
Takemoto
Molylub
Global Knitting Oils Market: Research Scope
Global Knitting Oils Market, by Product Type
Synthetic
Semi Synthetic
Others (including Biodegradable Knitting Oils)
Global Knitting Oils Market, by Application
Flat Knitting Machine
Circular Knitting Machine
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