Hydropower Lubricants Market | Current and Future Demand Analysis, Growth and Forecast by 2028, FMI

Lubricants, in general, are used to reduce friction between the moving parts of a machine and prevent its wear, thereby increasing the equipment life. A lubricant may also be used to dissipate heat, prevent rust and corrosion, flushing contaminants away and acting as a barrier towards impurities. In hydropower installations, heavy machinery is used and the lubricants required are termed as, hydropower lubricants.

Hydropower lubricants are used in water turbines, generators, gears, chains and other hydraulic steel structures, to name a few. Hydropower lubricants should function with paramount reliability even under adverse weather conditions. Hydropower lubricants must be resistant to ageing and oxidation. In other words, hydropower lubricants must have a long life with low maintenance.

Along with being used for diverse applications, hydropower lubricants must comply with the stringent environmental laws of several governments. Hydropower lubricants used for turbines must be resistant to emulsification and should readily separate from water. Hydrolytic stability is a prominent factor in selection of a hydropower lubricant due to continuous presence of water.

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Market Dynamics

With the exploitation of hydro-electricity on a much larger scale than ever before, need for better quality product will keep on rising. In a niche market like this, innovation always plays a vital role in driving the market. Heavy hydropower lubricants, as compared to light hydropower lubricants, are expected to grow in demand. Maintenance of hydropower equipment drives this market.

Energy demand is gradually increasing worldwide. Along with the construction of new hydropower plants, efforts are being made to increase the capacity and efficiency of existing hydropower plants. This will result in a steady growth of the hydropower lubricants. With “Affordable and Clean Energy” being one of the 17 sustainable goals of United Nations which aims towards supplying green and cheap electricity to all by 2030, hydropower will play a vital role in achieving it. Hence, boosting the hydropower lubricants market.

The cost of hydropower lubricants, especially biodegradable hydropower lubricants, is comparatively higher than other mineral based oils. However, accidental discharge of biodegradable hydropower lubricants into the water body would result in far less consequential loss when compared to a mineral or synthetic lubricant discharge.

Also, a switch from traditional mineral based oils to biodegradable hydropower lubricants would cost much lower than changing the complete system. Still, the fact cannot be overlooked that any contact between biodegradable hydropower lubricants and water will accelerate the rate of oxidation of the hydropower lubricants. This would result in a frequent replacement of the biodegradable hydropower lubricants.

Out of all mineral oils, paraffinic oils are widely used due to the greater resistance to oxidation, higher viscosity index and lower volatility. Synthetic hydropower lubricants are superior to mineral hydropower lubricants in almost all circumstances. However, the application of synthetic hydropower lubricants is limited due its higher cost.