openPR Logo
Press release

Synthetic Ester Lubricants Market to Witness Astonishing Growth by 2029

05-11-2023 07:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Synthetic Ester Lubricants Market to Witness Astonishing

The global synthetic ester lubricants market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. Synthetic lubricants are manufactured using chemical compounds and additives, offering superior performance and durability compared to traditional mineral-based lubricants. They play an important role in automotive engines, where they are used to reduce friction, improve fuel efficiency, and extend the life of the engine. Within the synthetic lubricant market. Synthetic ester lubricants are derived from esters, which are organic compounds formed by reacting an alcohol with a carboxylic acid. These are known for their exceptional performance in high-stress applications, such as racing engines and heavy-duty machinery. In the automotive industry, synthetic ester lubricants are commonly used in high-performance and racing engines, as well as in applications where extreme temperatures, pressures, and loads are encountered. It offers several advantages over mineral-based lubricants, such as high resistance to oxidation, improved wear protection, and reduced sludge formation. It also has higher viscosity index than mineral-based lubricants, which further allows them to maintain their viscosity and lubricating properties over a wider temperature range. Thus, the advantages offered by the synthetic ester lubricant have been the driving force for high demands among various end-use industries such as automotive, marine, and manufacturing among others.

As the demand for synthetic easter continues to grow market players have been proactively launching new and enhanced products to augment their product portfolio and remain competitive in the market. For instance, in February 2021, UK-based specialty chemical company Croda International Plc launched new dielectric ester base oil that can be used in battery cooling and electric vehicle (EV) transmission fluids to improve safety, stability, and performance. 

To Request a Sample of our Report on Synthetic Ester Lubricants Market:  https://www.omrglobal.com/request-sample/synthetic-ester-lubricants-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Type
By Application
By End-use Industry

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including BASF SE, Huntsman Corp., Exxon Mobil Corp., Royal Dutch Shell PLC, BP Middle East LLC, and others.

Synthetic Ester Lubricants Market Report Segment

By Type

Monoester
Diester
Polyol Ester
Aromatic Carboxylic Ester

By Application

Compressor Oils
Hydraulic Oils
Metalworking Fluids
Diesel and Petrol Engine Oils
Others

By End-use Industry

Construction 
Mining 
Metal Production 
Power Genaration 
Automotive Manufacturing
Marine
Oil and Gas
Textile
Food Processing 
Others

A full Report of Synthetic Ester Lubricants Market is Available @  https://www.omrglobal.com/industry-reports/synthetic-ester-lubricants-market

Synthetic Ester Lubricants Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

AMSOIL INC. 
BASF SE
BP p.l.c.
Castrol Ltd.
China National Petroleum Corp.
Croda International Plc
DIC CORP.
Eastman Chemical Co.
FUCHS PETROLUB SE
Huntsman Corp.
Idemitsu Kosan Co.,Ltd.
INEOS
JIANGSU LOPAL TECH.CO.,LTD.
Kendall Group
KLÜBER LUBRICATION (MALAYSIA) SDN BHD
LANXESS
Lubrication Engineers 
Motul S.A. 
Petroliam Nasional Berhad
Quaker Chemical Corp.
Royal Dutch Shell PLC
Shell Global
Sinopec Lubricant Co.
The Lubrizol Corp.
Total Energies international group
Valvoline 

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/synthetic-ester-lubricants-market
https://monblogapple.com/2023/05/10/analyse-de-lindustrie-mondiale-du-marche-des-serveurs-nebs-demande-future-et-previsions-jusquen-2029/
https://www.culturespace.co.kr/news-%eb%ac%b8%ed%99%94%e8%a1%97/2029%eb%85%84%ea%b9%8c%ec%a7%80-%ea%b2%ac%ec%8b%a4%ed%95%9c-%ed%99%95%ec%9e%a5%ec%9d%84-%eb%aa%a9%ea%b2%a9%ed%95%a0-nutricosmetics-%ec%8b%9c%ec%9e%a5/115062/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Synthetic Ester Lubricants Market to Witness Astonishing Growth by 2029 here

News-ID: 3049580 • Views:

More Releases from Orion Market Research

AI-Enabled Imaging Modalities Market Rising Demand and Growth Forecast Through 2033
AI-Enabled Imaging Modalities Market Rising Demand and Growth Forecast Through 2 …
AI-enabled imaging modalities market was valued at approximately USD 1.36 billion, and it is projected to reach around USD 19.78 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 34.67% from 2024 to 2033. AI-Enabled Imaging Modalities Market Overview The AI-enabled imaging modalities market is experiencing rapid growth, driven by advancements in artificial intelligence and machine learning technologies. These innovations are enhancing the capabilities of various imaging modalities, including
Tumor Tracking Systems Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Tumor Tracking Systems Market Size Analysis, Competitive Insights, Leading Playe …
Global tumor tracking systems market was valued at approximately USD 3.5 billion, and it is projected to reach around USD 6.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 5% from 2024 to 2033. Tumor Tracking Systems Market Overview The tumor tracking systems market is experiencing steady growth, driven by the increasing incidence of cancer and advancements in imaging and tracking technologies. These systems improve the precision of
Tumor Tracking Systems Market Size Future Scope, Demands and Projected Industry Growths to 2033
Tumor Tracking Systems Market Size Future Scope, Demands and Projected Industry …
Tumor tracking systems market was valued at approximately USD 3.5 billion, and it is projected to reach around USD 6.6 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 5% from 2024 to 2033. Tumor Tracking Systems Market Overview The tumor tracking systems market is experiencing steady growth, driven by the increasing prevalence of cancer and advancements in imaging technologies. These systems play a crucial role in enhancing the
SNP genotyping Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
SNP genotyping Market Size Analysis, Competitive Insights, Leading Players and G …
SNP genotyping market was valued at approximately USD 31.66 billion, and it is projected to reach around USD 238.25 billion by 2034, reflecting a compound annual growth rate (CAGR) of about 20.1% from 2024 to 2034. SNP genotyping Market Overview The SNP genotyping market is experiencing significant growth, driven by advancements in genotyping technologies, an increase in the prevalence of genetic disorders, and the expansion of pharmacogenomics and precision medicine initiatives. This

All 5 Releases


More Releases for Synthetic

Synthetic Diamond Market Report 2024 - Synthetic Diamond Market Trends, Drivers …
"The Business Research Company recently released a comprehensive report on the Global Synthetic Diamond Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample
Synthetic Biology Market - Engineering life's possibilities: Synthetic biology s …
Newark, New Castle, USA: The "Synthetic Biology Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors Synthetic Biology Market: https://www.growthplusreports.com/report/synthetic-biology-market/7970 This latest report researches the industry structure, sales, revenue,
Global Synthetic Dye and Pigment Market, Global Synthetic Dye and Pigment Indust …
The synthetic dyes and pigments market entails of the sales of synthetic dyes and pigments by several entities (organizations, sole traders or partnerships) that manufacture synthetic organic and inorganic dyes and pigments, such as lakes and toners (excluding electrostatic and photographic). Pigments that are gained from natural minerals as well as synthetic pigments are comprised in this market. Artificial food-coloring is also comprised in this market. Synthetic dyes and pigments
Synthetic Camphor Market
Research Dive has added a new report on the global synthetic camphor market to its repository. According to the report, the global synthetic camphor market is anticipated to hit $448.1 million by rising at a CAGR of 5.9% from 2019 to 2027. This report highlights various the important factors of the market such as key market segments, market dynamics & statistics, boomers, restraints, market players, and investment opportunities. It is
Synthetic Spider Silk Market
Market Overview: Synthetic spider silk is an alternative to the conventional spider silk replicating the latter’s features such as energy-absorbent nature, elasticity and strength. Water content in synthetic spider silk amounts up to 98%. Synthetic spider silk is made from hydrogel, which comprises of 98% of water and 2% of silica and cellulose. Synthetic spider silk is weaker compared to its natural counterpart, however, they are far stronger compared to other
Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications