Cold Rolling Oils/Lubricants Market predicted to rise at a CAGR of 5.6% and end up with an estimated market valuation of US$ 18.2 Bn by 2028

The estimated value of the global cold rolling oils/lubricants market in 2022 is US$ 14.5 Bn and is expected to expand at a CAGR of 5.6% in order to reach US$ 18.2 Bn by the end of 2028.

Cold Rolling Oils/Lubricants Market Size (2022) US$ 14.5 Bn
Estimated Market Value (2028) US$ 18.2 Bn
Forecasted Growth Rate (2022-2028) 5.6% CAGR
Country with Highest Market Share China 44.7%

A new report by Future Market Insights examines the cold rolling oils/lubricants market and offers crucial market insights for the next 10 years. According to the report, the market is anticipated to witness increasing demand for cold rolling oils/lubricants owing to upsurge in demand for rolled products. In terms of value, the steel material type segment is anticipated to dominate the global market throughout the forecast period and is expected to register a CAGR of 5.6% during the forecast period (2022 – 2028).

Global Cold Rolling Oils/Lubricants Market: Dynamics Impacting GrowthThe global cold rolling oils/lubricants market is estimated to be driven by increasing production of steel and aluminum across the globe. Healthy growth in the global automotive industry will also be a prime factor supplementing market revenue growth. Growing local and foreign direct investments in the industrial sector, especially in developed countries in North America, Europe and Asia will also upsurge the demand for cold rolling oils/lubricants over the forecast period.  Moreover, increasing demand for aluminum and steel sheets in the automotive industry is anticipated to be a prominent factor pushing revenue growth of the global cold rolling oils/lubricants market in the near future. Strategic expansion in key markets is expected to remain a major focus area for leading players in the global cold rolling oils/lubricants market.

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On the other hand, one of the major challenges faced by cold rolling oils/lubricants manufacturers is the fluctuating price of raw materials, which is anticipated to restrain revenue growth of the cold rolling oils/lubricants market over the forecast period. Moreover, stringent environment regulations associated with the use of cold rolling oils/lubricants is also expected to hinder the growth of the market during the forecast period. Leading players in the market are investing heavily in research and development as a major part of their growth strategy to launch new and innovative products in the global market.

Global Cold Rolling Oils/Lubricants Market Forecast

On the basis of product type, the synthetic segment is estimated to account for about 38.0% market value share by 2022 end. This segment is expected to register a CAGR of 5.0% over the forecast period. In terms of value, the synthetic segment is anticipated to hold major share owing to high demand from steel and iron manufacturers.

On the basis of material type, the steel segment is expected to dominate the overall revenue generated in 2022 followed by aluminum. This segment is expected to expand at a CAGR of 5.5% over the forecast period.

On the basis of region, China is anticipated to dominate the cold rolling oils/lubricants market both in terms and value and volume. Increasing steel production and metal processing activities in China are expected to support the growth of the cold rolling oils/lubricants market over the forecast period.

Global Cold Rolling Oils/Lubricants Market: Competitive Landscape

Some of the players reported in this study on the global cold rolling oils/lubricants market are Croda International PLC, Exxon Mobil Corporation, Total S.A., BP plc., Indian Oil Corporation Ltd, Eastern Petroleum Pvt. Ltd., Hindustan Petroleum Corporation Limited, Houghton International Inc., Jiangsu Gaoke Petrochemical Co., Ltd., ETNA Products, Inc., Petroyag Lubricants, Buhmwoo Group, and Ricci S.p.A.

Discover more about report analysis with figures and data tables, along with the table of contents. Ask an Analyst- https://www.futuremarketinsights.com/ask-question/rep-gb-5131

Key Segments of Cold Rolling Oils/Lubricants Industry Survey

Cold Rolling Oils Market by Product Type:

  • Synthetic Cold Rolling Oils/Lubricants
  • Semi-Synthetic Cold Rolling Oils/Lubricants
  • Mineral Based Cold Rolling Oils/Lubricants

Cold Rolling Oils Market by Material:

  • Steel
  • Copper
  • Aluminium
  • Others (Titanium, etc.)

Cold Rolling Oils Market by Region:

  • North America Cold Rolling Oils/Lubricants Market
  • Latin America Cold Rolling Oils/Lubricants Market
  • Europe Cold Rolling Oils/Lubricants Market
  • East Asia Cold Rolling Oils/Lubricants Market
  • South Asia & Pacific Cold Rolling Oils/Lubricants Market
  • Middle East & Africa (MEA) Cold Rolling Oils/Lubricants Market

Key Questions Answered in the Report

What metrics are listed for the China cold rolling lubricants industry?
Which key players are profiled in this cold rolling lubricants industry analysis?
What valuation will the cold rolling oils market enjoy in 2022?
What is the estimated valuation for the demand for cold rolling lubricants market by 2028?
In terms of CAGR, how is the cold rolling oils/lubricants market predicted to rise?

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Table Of Content

1. Executive Summary

1.1. Market Overview

1.2. Market Analysis

1.3. FMI Analysis and Recommendations

1.4. Wheel of Fortune

2. Market Introduction

2.1. Market Definition

2.2. Market Taxonomy

2.3. Parent Market Overview

3. Market Background

3.1. Porter’s Analysis

3.2. Macro-Economic Factors

3.2.1. Global GDP by Region, 2016–2028

3.2.2. Global Automotive Production by Region

3.2.3. Global Automotive Fleet on Road Outlook by Region

3.2.4. Oil and Natural Gas Consumption by Region

3.2.5. Global Crude Steel Production

3.2.6. Growth in Transport Infrastructure Spending by Region

3.2.7. Global Primary Aluminum Consumption

3.2.8. Global Packaging Industry Overview

3.3. Market Dynamics

3.3.1. Drivers

3.3.2. Restraints

3.3.3. Opportunities

3.3.4. Trends

3.4. Value Chain Analysis

3.5. Cold Rolling Process

3.6. Forecast Factors – Relevance & Impact

4. Global Cold Rolling Oils/Lubricants Market Analysis 2013–2021 and Forecast 2022–2028

About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth.

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