Press release
Automotive Die Casting Lubricants Market to Rake at 5.1% CAGR during 2017-2025
Other regions such as Latin America and Middle East and Africa are witnessing an increasing use of automotive die casting lubricants. This is attributed to increasing investments in the automotive sector in the region and the growth of aluminum and other nonferrous metal foundries over the forecast period.
Persistence Market Research delivers key insights on the global automotive die casting lubricants market in its latest report titled ‘Automotive Die Casting Lubricants Market: Global Industry Analysis 2012-2016 and Forecast 2017-2025’. The long-term outlook on the global automotive die casting lubricants market remains positive, with market value expected to increase at a CAGR of 5.1% during the forecast period (2017– 2025).
Request Sample Report@ https://www.persistencemarketresearch.com/samples/15307
The sales of automotive die casting lubricants was valued at US$ 101.6 Mn in 2016, witnessing a Y-o-Y growth of 4.8% over the year 2015. Asia Pacific accounted for a value share of 52.0% in the global automotive die casting lubricants market in 2016 and it is anticipated to retain its dominance throughout the forecast period.
Among type of lubricants, water based die casting lubricants segment is expected to expand at a significant CAGR in terms of value over the forecast period because of the additional cooling and thermal stability caused due to the high evaporation rate of water. Among die casting metal type, aluminium continues to be the most commonly used material for die casting of automotive parts and requiring significant amount of lubricants for proper release, finish and strength of the die casted part. Considering the lubricant type segment, die lubricants are projected to show relatively high growth over the forecast period.
This is because complex dies for casting are being designed in single castings to reduce the assembly and joining procedure. The complexity of dies leads to uneven cooling thus requiring lubricants for thermal management and for the proper uniformity and finish of the casted part. In order to reduce the problems of porosity, uneven finish and non-uniformity, various technological advancements are being done to deduce methods that could improve the quality and efficiency of the die casting process. One such method is vacuum assisted die casting.
Download and View Report TOC, Figures and Tables @ https://www.persistencemarketresearch.com/market-research/automotive-die-casting-lubricants-market/toc
Moreover, new grade alloys that can be die casted are also being developed as these provide better mechanical strength and thermal stability. Increasing local and foreign investments in the automotive sector especially in regions such as Latin America and Middle East and Africa is also anticipated to drive the market growth.
On the basis of lubricant type, the die lubricant segment is anticipated to expand at a significant CAGR over the forecast period. This segment accounted for more than 90% of the overall volume share in 2016.
On the basis of type, the water based segment will continue to dominate the global automotive die casting lubricants market throughout the forecast period.
Aluminum is the dominant die casting metal in the automotive die casting lubricants market. Magnesium being even lighter than aluminum is also projected to grow at a significant CAGR over the forecast period. A number of automotive components are die casted using zinc, and hence this segment is expected to hold a considerable share in the global automotive die casting lubricants market.
Report overview @ https://www.persistencemarketresearch.com/market-research/automotive-die-casting-lubricants-market.asp
The report highlights some of the top companies operating in the global automotive die casting lubricants market such as Henkel AG & Co. KGaA, Chem-Trend L.P., Quaker Chemical Corporation, Moresco Corp, The Hill and Griffith Company, Houghton International Inc., Geiger + Co. Schmierstoff-Chemie GmbH, Ultraseal India Pvt. Ltd., CONDAT Group, Hardcastle Petrofer Pvt. Ltd., Sunocs L.L.C, J&S Chemical Corporation, Falcon Industrial Inc., Lafrance Manufacturing., Marbo Italia spa, Sunrise Cemtech Pvt. Ltd, Acme Refining LLC, A.Cesana S.r.l, CHEMTOOL INCORPORATED, Lubgraf, Aoki Science Institute Co., Ltd
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.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 Automotive Die Casting Lubricants Market to Rake at 5.1% CAGR during 2017-2025 here
News-ID: 947007 • Views: …
More Releases from Persistence Market Research Pvt. Ltd
Innovative Rehabilitation Technologies Drive Growth in Stroke Rehabilitation Mar …
Stroke Rehabilitation Market Size
The global stroke rehabilitation market size was valued at US$ 266.4 million in 2021 and is expected to grow at a CAGR of 9% from 2022 to 2032. Revenue generated from the sales of stroke rehabilitation solutions will surge to US$ 679.6 Million by the end of 2032.
The growth of the market is being driven by the increasing incidence of strokes, the growing demand for innovative rehabilitation…
Launch of New Laser-Based Devices by Key Players Fueling Growth of Global Aesthe …
Market Study on Aesthetic Lasers
The aesthetic lasers market reached US$2.8 billion in global revenue in 2021, and it will continue to expand quickly, with a value CAGR of 6.4%, to reach US$5.5 billion by the end of 2032. The growth of the market is being driven by the increasing demand for minimally invasive cosmetic procedures, rising disposable income, technological advancements, and growing medical tourism.
Stay Ahead with Market Intelligence Get Free…
Predictive Insights for Precision Medicine: The Global Biosimulation Market is S …
Biosimulation Market Research
The Global Biosimulation Market Size was valued at USD 2.9 billion in 2022 and is expected to reach USD 10.0 billion by 2030, registering a CAGR of 16.9% during the forecast period. The growth of the biosimulation market is being driven by the increasing use of biosimulation in a variety of applications, such as drug discovery, clinical trials, and toxicity prediction.
Market Overview
The biosimulation market has experienced rapid growth…
Wheelchair and Components Market: Growing Demand for Lightweight and Smart Wheel …
Wheelchair and Components Market
The global wheelchair and components market is projected to reach USD 17.9 billion by 2033, at a CAGR of 3.7% from 2022-2033. The growth of the market is driven by the increasing prevalence of disabilities, the rising geriatric population, and technological advancements in wheelchair design and manufacturing.
Click Here to Get Free Sample Copy of this Report@ https://www.persistencemarketresearch.com/samples/12961
The global wheelchair and components market has witnessed significant growth in…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
[CAGR of 5.5%] Silica Flour Market Size, CAGR, Competitive Analysis and Forecast …
The global silica flour industry generated $520.0 million in 2021, and is estimated to reach $876.3 million by 2031, witnessing a CAGR of 5.5% from 2022 to 2031.
Allied Market Research published a report, titled, "Silica Flour Market by Type (Quartz, Cristobalite), by Application (Fiberglass, Glass and Clay, Oil Well Cement, Ceramic and Refractory, Foundry, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031." The report offers a detailed analysis…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Call Center AI Market Latest, CAGR, Volume and Value 2022-2030 | (CAGR) of 25%
New York , United States- Report Ocean published the latest research report on the Call Center AI market. In order to comprehend a market holistically, a variety of factors must be evaluated, including demographics, business cycles, and microeconomic requirements that pertain precisely to the market under study. In addition, the Call Center AI market study demonstrates a detailed examination of the business state, which represents creative ways for company growth,…
