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300-450-TBN Calcium, Barium, and Magnesium Sulphonates Market Research Report 2030 | P&S Intelligence

09-30-2022 03:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

300-450-TBN Calcium, Barium, and Magnesium Sulphonates Market

By 2030, the 300-450-TBN calcium, barium, and magnesium sulphonates market is predicted to generate sales worth $231.2 million, ascribed to various factors that contribute to increased consumption of the chemicals and cause the least impact on the environment, including various benefits of greases on calcium sulphonate.

Moreover, calcium sulphonate is expected to hold the largest 300-450-TBN calcium, barium, and magnesium sulphonates market share, due to its property of offering rust resistance to industrial lubricants. In addition, demulsibility, hydrolytic stability, and wet filterability of calcium sulphonate drive its demand in the market. Furthermore, salt also offers stability under extreme pressure, with high load bearing, better thickening, and corrosion resistance to greases.

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Further, lubes & greases are predicted to experience the fastest growth, considering the revenue, owing to the propulsion of the manufacturing sector in the emerging economies. Additionally, under the end-user segment, the automotive division is projected to reflect the highest sales in the 300-450-TBN calcium, barium, and magnesium sulphonates market in the near future, attributed to the massive consumption of chemicals, to act as thickeners in greases and lubricants, which are highly used in the automobiles.

APAC contributed significant revenue to the 300-450-TBN calcium, barium, and magnesium sulphonates market, due to rapid urbanization and improving economy of the regional countries, more specifically, Indian and China, providing support in the industrial expansion of entities that manufacture products with high contents of sulphonates of calcium, barium, and magnesium. The corrosion resistance and oxidation protection are key contributors to driving the demand for such chemicals.

Calcium sulphonate has widely replaced lithium sulphonate in grease-based products, such as automobile and industrial lubricants, owing to the high shear and mechanical stability, water resistance, oxidation, dropping point, and wear temperature. In addition, the rising environmental concerns have caused an increase in demand for calcium sulphonate. The easy availability of raw materials that produces calcium sulphonate results in being highly cost-effective compared to lithium sulphonate and hence, it has higher demand than later.

The numerous benefits of the calcium-sulphonate-based greases propel the 300-450-TBN calcium, barium, and magnesium sulphonates market, such as extreme pressure resistance, anti-wear advantages, mechanical stability, and adequate corrosion resistance. All such properties lead to its high demand for greases, such as a thickener to ensure high performance.

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In addition, the decrease in the purchase cost of calcium sulphonates was caused by the improvements in the technology applied in the manufacturing process, resulting in an increase in the preference of the manufacturers for its rise in lithium sulphonate. That is why, the rise of the industrial application of calcium sulphonates, primarily in the mining, steel sectors, and paper machinery is witnessed.

The key players in the 300-450-TBN calcium, barium, and magnesium sulphonates market are Eni Spa, Lanxess AG, SEQENS, Eastern Petroleum Private Limited, Jinzhou Kangtai Lubricants Additives Co. Ltd., King Industries Inc, Daubert Chemical Company Inc., The Lubrizol Corporation, and MORESCO Corporation.

Therefore, the numerous advantages of the properties bear by calcium sulphonate boost the market with the increased application in the greases for its thickening.

Browse more reports:

Global Fuel Additives Market Report - https://www.psmarketresearch.com/market-analysis/fuel-additives-market

Global Hydraulic Equipment Market Report - https://www.psmarketresearch.com/market-analysis/hydraulic-equipment-market

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About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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