Die Casting Lubricants Market
Cost Issues and Resource Inefficiencies to slow down the die casting sector?
Price fluctuations of non-ferrous metals pose a serious threat to the growth of the automotive parts die casting market, as it puts pressure on the supply side, resulting in increased production cost. The shortage of raw material supply and the increasing demand of the automobile industry has adversely affected the market sentiment.
A high-pressure die-casting machine has many moving parts that require lubrication. The main types of lubricants required for the die-casting machinery are- die lubricants, plunger lubricants, and trim press lubricants. These are the areas where thermal stresses are maximum as a result of exposure to the molten metal. Unique, robust and formulated products are developed to serve as plunger lubricants and die lubricants that meet the needs of extremely harsh conditions faced by the machinery.
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Water-based lubricants, called emulsions, are the most commonly used lubricants because of environmental and safety reasons. These types of lubricants are useful since if the water in the solvent is properly treated to remove all minerals from it, it will not leave any by-product in the dies, unlike mineral based solvents. The negative health implications of solvents and compliance with local environmental standards have enabled advanced water-based lubricant products.
The market is primarily dominated by Asia-Pacific countries, followed by Europe. The market is quite fragmented with the presence of many regional players.
Browse TOC of this Report Here: Global Die Casting Lubricants Market(https://www.mordorintelligence.com/industry-reports/automotive-die-casting-lubricants-market)
Some of the key players in the market are:
• Chem Trend
• J&S Chemical Corp
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