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Textile Machine Lubricants Market To Increase at Steady Growth Rate by 2028

Author: Vijay Kundekar
by Vijay Kundekar
Posted: Dec 20, 2018

Textile machine lubricants have been an integral part of effective functioning of textile machinery. The textile machine lubricants have enabled today’s modern textile machines to operate at higher speeds while maintaining the product quality. Textile machine lubricants have potentially increased the runtime of the equipments, thereby reducing the maintenance requirements. The use of textile machine lubricants also reduces the risk of unplanned down time.

The textile machines are subject to high stress. The external conditions such as humidity and increased temperatures also act as challenges for textile machine lubricants. The textile machine lubricants are used in order to reduce the noise and vibration in spinning and knitting machines, among others. Textile machine lubricants aid a smooth operation and decrease the risk of rust formation in the equipment. The manufacturers of textile machine lubricants are noted to offer products serving a range of temperatures and are chemically resistant. The textile machine lubricants are desired to be non – staining to the fabric produced in an event of accidental leak. The textile machine lubricants should also be easily washable without affecting the product quality.

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Textile Machine Lubricants Market: Dynamics

The textile industry is capital-intensive and reduction in maintenance activity can result in significant amount of savings. Hence, the textile machine lubricants are widely demanded. Moreover, the textile industry is growing at a rapid pace and the evolution in fashion trends pushes the manufacturers to set up advanced textile mills while also expanding the production capacity of existing ones. Given the shift from labor intensive manufacturing processes, the textile industry is highly relying on machine operated and automated textile production which requires pertinent scope of lubrication for its components at regular intervals. This in turn proves to drive the textile machine lubricants market. Given the penetration of automation in textile industry, it will further augment the growth of textile machine lubricants market.

The players operating in the textile machine lubricants market are observed to be involved in research and development activities in order to attain product differentiation. Being a versatile industry, a single lubricant cannot serve the various textile machine requirements and there seems to be even more growth potential for the textile machine lubricants market players. Some textile machine equipment manufacturers are noted to produce and supply textile machine lubricants as a part of after sales and services. Such kind of vertical integration acts as a very imperative feature of the overall textile machine lubricants market.

Textile Machine Lubricants Market: Segmentation

The textile machine lubricants market can be segmented on the basis of oil type, machine type

On the basis of base oil, the textile machine lubricants market can be segmented into:

  • Mineral Oil Based
  • Synthetic Oil Based

On the basis of machine type, the textile machine lubricants market can be segmented into:

  • Spinning Machine
  • Processing Machine
  • Winding Machine
  • Knitting Machine
  • Weaving Machine
  • Finishing Machine
  • Others

Textile Machine Lubricants Market: Regional Outlook

The Asia Pacific textile machine lubricants market is estimated to account for a significant share due to the presence of several SME and large scale textile manufacturing enterprises in the region. The North America textile machine lubricants market follows APAC. This is largely due to the preference of textile manufacturers towards efficient and uninterrupted production. Europe also holds a vital position in the textile machine lubricants market and the region sees a high density of manufacturers. The Middle East & Africa textile machine lubricants market is estimated to gain significant traction during the forecast period owing to investments in textile mills. The Latin America textile machine lubricants market is anticipated to grow marginally during the forecast period as the countries are dependent on importing textile from countries such as USA and China.

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Some of the market participants in the global textile machine lubricants market identified across the value chain include Nye Lubricants, Inc., Total S.A., Klüber Lubrication, The Chemours Company, BENJN R. VICKERS & SONS LTD., BRÜCKNER Trockentechnik GmbH & Co. KG, Eni S.p.A., Matrix Specialty Lubricants B.V., CARL BECHEM GMBH, Eldons Lubricants Industry

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Author: Vijay Kundekar

Vijay Kundekar

Member since: Jul 25, 2018
Published articles: 508

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