Press release
Steel Strip Electrostatic Oiling Machine Market Set to Surge - Key Insights You Must Know
Steel Strip Electrostatic Oiling Machine Market SizeThe global market for Steel Strip Electrostatic Oiling Machine was valued at US$ 142 million in the year 2023 and is projected to reach a revised size of US$ 163 million by 2030, growing at a CAGR of 2.1% during the forecast period.
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A Steel Strip Electrostatic Oiling Machine is an industrial device used to apply a controlled, uniform layer of oil onto the surface of steel strips during manufacturing processes. This machine employs electrostatic principles, where an electric charge is applied to atomize and direct the oil particles onto the strip's surface, ensuring precision and efficiency. The purpose of this oiling is to protect the steel from corrosion, reduce friction during handling or processing, and enhance its performance in subsequent applications like stamping or forming. The machine is designed to minimize waste and ensure consistent oil coverage, making it an essential component in steel processing industries.
North American market for Steel Strip Electrostatic Oiling Machine is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Steel Strip Electrostatic Oiling Machine is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Steel Strip Electrostatic Oiling Machine include GFG Peabody, TRIOA, Danieli, Terronics, Spraying Systems, Trinityind, Ferroman GmbH, ENCE GmbH, DUMA-BANDZINK, Ravarini, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
By Type
• Horizontal Electrostatic Oiling Machines
• Vertical Electrostatic Oiling Machines
By Application
• Automotive Industry
• Construction & Infrastructure
• Steel Manufacturing & Processing
• Home Appliances
Key Companies
GFG Peabody, TRIOA, Danieli, Terronics, Spraying Systems, Trinityind, Ferroman GmbH, ENCE GmbH, DUMA-BANDZINK, Ravarini, Xiecheng Electrostatic
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