Construction Lubricants
Oil And Gas

Global Construction Lubricants Market Outlook, Opportunities And Strategies – Including Semi-Solid Construction Lubricants Market

Learn about the global construction lubricants market through The Business Research Company, which provides information on construction lubricants market size, construction lubricants market drivers and restraints, construction lubricants market players, the COVID-19 impact on the construction lubricants market, and more.

 

The global construction lubricants market size is expected to grow from $11.14 billion in 2021 to $11.40 billion in 2022 at a compound annual growth rate (CAGR) of 2.41%. The global construction lubricants market size is expected to grow to $13.48 billion in 2026 at a CAGR of 4.28%.

A rise in construction and mining activities is significantly contributing to the growth of the construction lubricants market.

 

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Construction Lubricants Global Market
Construction Lubricants Global Market

The construction lubricants market consists of sales of construction lubricants by entities (organizations, partnerships, and sole proprietors) that are chemical compounds used in machinery and equipment to lower friction between surfaces in contact, consequently lowering the amount of heat generated while the movement on the surface. It can also transfer forces, carry foreign particles, for heating or cooling the surfaces. Lubrication is the application of a friction-reducing layer between moving surfaces in contact to reduce friction and wear. Lubricants can be semi-solid (grease, silicon gels), liquid or fluid (oils), or solid (steel, Teflon, graphite).

 

Global Construction Lubricants Market Segments Include:
By Basis Type: Hydraulic Fluid, Engine Oil, Gear Oil, Automatic Transmission Fluid (ATF), Grease, Compressor Oil

By Base Oil: Synthetic Oil, Mineral Oil

By Application: Earthmoving Equipment, Material Handling Equipment, Heavy Construction Vehicles, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe was the largest region in the construction lubrication market in 2021.

 

The development of zinc-free (ashless) lubricants is a key trend in the construction lubricants industry. Construction lubricants are a type of lubricant used to reduce friction between moving parts or surfaces and to enhance the efficiency of the machines used in the construction industry. Lubricants with zinc levels that are too high have a history of leading to the corrosion of some metals, such as yellow metals, as they chemically attack the metal surfaces, along with environmental harm. Zinc-free lubricants on the other hand, have outstanding ability to prevent wear, rust, foam, oxidation, air, and water entrainment and provide excellent thermal stability.

 

TBRC’s Construction Lubricants Market Report Covers:

Major Market Players: ExxonMobil Corporation, Royal Dutch Shell, Total Energies SE, China Petrochemical Corporation, Chevron Corporation, PetroChina Company Limited, FUCHS Petrolub SE, Lukoil, Sinopec, Phillips 66 Company, Morris Lubricants, Penrite Oil, Valvoline, Liqui Moly GmbH, ENI SPA, Addinol Lube Oil GmbH, Indian Oil Corporation, Bel Ray Company LLC., Gulf Oil India, and Totalenergies Se.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

 

The Construction Lubricants Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides construction lubricants market overviews, analyzes and forecasts market size, share, construction lubricants market players, construction lubricants market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s construction lubricants market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

 

Here Is A List Of Similar Reports From The Business Research Company:

Construction Composites Global Market Report 2022

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