openPR Logo
Press release

Food Grade Lubricants Market Dynamics, Forecast, Analysis and Supply Demand 2014-2020

07-05-2017 02:52 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Food Grade Lubricants Market Dynamics, Forecast, Analysis

Food grade lubricants refer to lubricants that are used to maintain the food processing machinery, i.e. it protects the tools and machines from wear and tear. However, since many of them come into direct contact with food, these lubricants used in these machineries need to be different from the usual machine lubricants. In other words, they should not render the food unfit for consumption. With recent advances in the food processing industry, there is now much variety in the machinery used to process each food/beverage category. With growing concern over the food we eat, food processors need to comply with various regulatory frameworks like the Hazard Analysis & Critical Control Points (HACCP). The standards vary from country to country. However, these are internationally accepted standards which are followed by food grade lubricant manufacturers. For instance, the non-profit public health and safety company, NSF International, along with USDA, has set standards for various food grade lubricants.

These days, food safety is the highest priority for the food processors, and they take utmost care to maintain the same. H1 and H2 are the two most common broad spectrum food grade lubricants that are used in machinery involving incidental food contact and no food contact respectively. However, with the drive to produce innovative products in the food processing industry, the demand for customised and high performance food grade lubricants is expected to swell in near future. Food grade lubricants range from hydraulic fluids, oven chain oils, gear oils, compressor oils and vacuum pump oils to specialty lubricants such as can seamer oil. Different processes require different grades of oil. For instance, H3 (soluble oil) is used to prevent rust on trolleys, hooks and similar equipment whereas 3H release agents are used on chopping boards, cutters, grills, loaf pans, boning benches and other such hard surfaces.

Request For Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-98

Cutting edge equipment technology has always been the driver of the processed food industry and vice-versa. The demand for food grade lubricants is increasing with the increase in the size of the processed food industry worldwide, as well as proliferating food safety laws. All the major companies adhere to food safety laws in order to avoid product recalls and penalty fees. The trend is more prominent in developed countries such as the U.S., U.K, Canada, Norway, Germany, France and Italy. These countries, along with other developed countries, are expected to remain the main target market during the forecast period. Developing countries such as China, Brazil, India and South Africa are expected to grow at a slower rate with regard to food grade lubricants.

The market can be segmented by type into H1 lubricants, H2 lubricants, 3H (releasing agents), H3 (soluble oils) and others. Geographically, the market can be segmented into Asia Pacific, North America (U.S., Canada and Mexico), Western Europe, Eastern Europe, Middle East and North Africa, and the Rest of the World (Latin America and South Africa). These lubricants are used in bakeries, the beverage industry, meat processing, pharmaceuticals, confectionery, and fruit and vegetable processing.

The largest market by type worldwide is that of H1 food grade grease which can be used in variety of processes. It can be either petroleum based or synthetic in composition. Aluminium complex thickened grease is the most common and widely used lubricant as it can withstand high temperatures, is very water resistant, and is an important component in food & beverage processing equipment because of post shift equipment wash downs.

Currently, North America is the largest market for food grade lubricants as USDA (The United States Department of Agriculture) has laid down stringent food safety laws for food processors. However, countries like India, China, Australia, New Zealand, Japan, South Africa and Brazil are potential growth drivers as a large number of American companies have set up manufacturing units in these emerging markets. The European market is relatively less regulated in food grade lubricants and lacks proper laws pertaining to the same.

Visit For TOC@ http://www.futuremarketinsights.com/reports/sample/rep-gb-98

Some of the players of the food grade lubricant market are ITW ROCOL, Bel-Ray Company LLC, Lubriplate Lubricants Company, Schaeffer Manufacturing Co. and Suncor Energy Inc. among others.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

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 Food Grade Lubricants Market Dynamics, Forecast, Analysis and Supply Demand 2014-2020 here

News-ID: 609227 • Views:

More Releases from Future Market Insights

Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Million by 2032
Global Lithium Ion Battery Separator Market Projected to Reach US$ 3,256.7 Milli …
The lithium-ion battery separator is a critical component in lithium-ion batteries, responsible for preventing short circuits and ensuring safe and efficient battery performance. It acts as a physical barrier between the positive and negative electrodes, allowing lithium ions to pass through while blocking the flow of electrons. With advancements in separator technology, these separators play a key role in enhancing battery capacity, cycle life, and overall safety in various applications,
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolstered by a Robust 7.1% CAGR from 2022
Industrial Drums Market on a Trajectory to Reach US$ 17.6 Billion by 2027, Bolst …
The Industrial Drums Market is experiencing a steady and promising trajectory, with an estimated value of US$ 12.5 billion in 2022, projected to escalate to US$ 17.6 billion by 2027 at a commendable Compound Annual Growth Rate (CAGR) of 7.1%. This growth is substantiated by a 6.6% CAGR in volume during 2022-27, as per Future Market Insights. Anticipated to expand 1.5 times within this period, the market presents alluring prospects for industry
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of the Metal Cans Industry, Catering to Health-conscious and Environmentally-aware Consumers
Supermarkets, Convenience Stores, and Eco-friendly Choices Fuel the Expansion of …
The metal cans market is predicted to grow at a CAGR of 5% over the forecast period, according to research by Future Market Insights. The industry's estimated value is expected to increase from US$ 56 Bn in 2023 to US$ 91.1 Bn by 2033. The market for metal cans has been driven by the heightened demand for the product in food and beverages industry. Metal cans helps prolong shelf-life of perishable
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 with a 4.8% CAGR
Folding IBCs Market Poised for Growth: Expected to Reach US$ 528 Million by 2027 …
The folding intermediate bulk containers (IBCs) market is on a growth trajectory, with an estimated value of US$ 418 million in 2022, projected to reach US$ 528 million by 2027, showcasing a Compound Annual Growth Rate (CAGR) of 4.8%. Remarkably, the China folding IBCs market defied initial pandemic-related skepticism and is anticipated to grow by 6.9% year on year in 2022. Despite global challenges, China's folding IBCs market is poised to contribute

All 5 Releases


More Releases for Food

Prepared Food Market To Witness Huge Growth By 2028 | HSL Food, HelloFresh, Syne …
The Latest survey report on Prepared Food Market sheds lights on changing dynamics in Food & Beverages Sector and elaborates market size and growth pattern of each of Prepared Food segments. As the shift to value continues, the producers are tackling challenges to personalized nutrition and match taste profiles. A wide list of manufactuerers were considered in the survey; to include mix bag of leaders and emerging manufacturers for company
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France). Global Pet Food
Global Food Safety Testing and Technologies Market by 2025: Market by Product ( …
Qyresearchreports include new market research report “Global Food Safety Testing and Technologies Market Research Report 2018” to its huge collection of research reports. The growth of the food safety testing market is estimated to be high in most regions. Increase in foodborne illness outbreaks, implementation of stringent food safety regulations globalization of food supply, and availability of advanced technology capable of rapid testing are the major driving factors of this market. The
Pet Food Market: Analysis by Dog Food, Cat Food, Dry Food, Wet/Canned Food, Nutr …
No one knows for sure when the first animals were domesticated. Domestication means taming an animal to live alongside a human being as a pet. So is Pet food Market is driven by growing awareness of pet owner’s regarding pet fitness, thus increasing the demand for wrapped and branded food .Another reason apart from this is demand for pets for companionship and for security reason is rising due to the
Pet Food Market (By Food Type, By Animal Type, By Region, By Country) of Food Ty …
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global pet food market on the basis of Food Type (Dry, Wet, Snacks, Mixers); Animal Type (Dog Food, Cat Food, Fish Food, Others), By Region (North America, Europe, APAC, ROW) and By Country (U.S.A, Canada, UK, Germany, Japan, India, China, France). Global Pet Food
Food Tray Market Size 2017-2022 HIRO FOOD, AS Food Packaging
Food Tray Market Research 2017 A market study ” Global Food Tray Market ” will help you understand, formulate and implement strategic decisions by offering critical data, insights and analysis from technology as well as commercial perspective on the Food Tray market. It encloses an in-depth Research of the Food Tray market state and the competitive landscape globally. This report consist of comprehensive market data, on a granular level, providing a