Press release
Forging Lubricants Market to Rise at CAGR of 3.7% to Reach US$ 9.8 Billion by 2035: Fact.MR Study
Forging Lubricants Market
The market for forging lubricants increased steadily based on the incorporation of nanotechnology, which enhanced the performance of the lubricant and minimized downtime in 2024 operations. Increasing environmental regulations, especially in North America and Europe, forced producers to use bio-based products. East Asia and Latin America led demand on the back of industrial growth. Going forward, the market will expand at a 3.7% CAGR to nearly USD 9.8 billion by 2035, driven by innovation and sustainability as the primary drivers of growth.
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Forging Lubricants Industry Analysis by Top Investment Segments
The industry is split by type of lubricant into oil-based, water-based, and coating-based. By application divided into cold forging and hot forging. By forging materials the industry caters to personal aluminium, bronze, steel, brass, titanium alloy, nickel, super alloys, and others. By forging operation divided into circular & radial rolling mill, hammers, hydraulic press, mechanical press, horizontal press, and others. Regionally, the business stretches across North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA).
Analysis of the Forging Lubricants Industry in the Top Countries
The US industry will increase at a CAGR of 4.0% during the period 2025-2035. Global leadership of the country in the industry is complemented by its car, aerospace, and heavy machinery industries. The three sectors are major users of high-performance lubricants, particularly with extensive use of light metals, i.e., aluminum, in automotive and aerospace production.
United Kingdom industry, high-performance lubricant demand is anticipated to grow at 3.5% CAGR from 2025 to 2035. The UK automotive and aerospace industry is the key growth driver of high-performance lubricant demand in the country. With the country focusing on high-precision engineering and high-performance manufacturing, increased demand for high-performance lubricants with sufficient capability to machine lightweight metals such as aluminum alloys and titanium alloys has been witnessed.
Germany's forgings industry lubricants will grow at a CAGR of 4.0% from 2025 to 2035. Germany is one of the biggest industrial hubs in Europe and ranks as an industrial giant across various industries like automotive, machinery, and aviation.
Italy industry will register a growth rate of 3.3% CAGR from 2025 to 2035. Italy's automobile industry, especially the manufacture of luxury automobiles, is the largest demand generator for high-end performance products.
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Key Players
Henkel Corporation
Chem-Trend L.P.
Quaker Chemical Corporation
Houghton International Inc.
Moresco Corporation
The Hill and Griffith Company
CONDAT Group
Chemtool Incorporated
FUCHS Lubritech GmbH
Molygraph Engineered Lubricants
APV Engineered Coatings
James Durrans Group
Chem Arrow Corporation
Acme Refining LLC
Lubgraf Synoils
Advanced Technical Products
Hardcastle Petrofer Pvt. Ltd.
Pyroflux
Sunrise Chemtech Pvt. Ltd.
Other Players
Forging Lubricants Industry Segmentation
By Lubricant Type :
Water-based
Oil-based
Coating-based
By Application :
Hot Forging
Cold Forging
By Forging Materials :
Aluminium
Steel
Bronze
Brass
Titanium alloy
Nickel
Super alloys
Others
By Forging Operation :
Mechanical press
Hydraulic press
Hammers
Circular & radial rolling mills
Horizontal press
Others
By Region :
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
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