Global Automotive Die Casting Lubricants Market Industry Overview and Competitive Landscape to 2031

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Growing demand for light-duty automotive vehicles coupled with growing research and development initiatives aimed at developing environmentally friendly vehicles automotive die casting lubricants are identified as the main growth factors.

Amid growing competition, top 5 players including Henkel AG & Co. KGaA, Quaker Houghton Inc., Moresco Corp., Condat SA and Chemtool Incorporated are expected to hold 50-60% of total market share.

Between 2016 and 2020, the demand for automotive die casting lubricants grew at a slow CAGR of 0.8%. Sales of automotive die-casting lubricants are down sharply due to movement restrictions, disrupted supply chains and production shutdown caused by the unprecedented COVID-19 outbreak.

However, according to IMF analysis, the global automotive die casting lubricants market volume is expected to grow by 3.8% on a yearly basis to reach 28,138 tons. The solvent-based lubricants segment is expected to grow by 3.2% to reach 4,000 tons, while the water-based lubricants segment is expected to grow by 3.9% to reach 25,288 tons.

Automobile sales are on the rise due to economic growth and consumer purchasing power. However, rising gasoline prices are pushing people to buy fuel-efficient cars.

Key Points Covered in the Automotive Die Casting Lubricants Market Study

  • Market estimates and forecasts 2016-2031
  • Key drivers and restraints impacting market growth
  • Analysis by segment, by country and by region
  • Competitive Mapping and Benchmarking
  • Brand share and market share analysis
  • Main product innovations and regulatory climate
  • Impact of COVID-19 on the Global Automotive Die Casting Lubricants Market and How to Navigate
  • Recommendation on the main winning strategies

Producers of automotive die casting lubricants stand to benefit greatly from various government regulations that favor the production and sale of cars in developing countries like Mexico, Turkey, India and other South Asian countries. -East.

The demand for lightweight components made from materials such as aluminum is increasing owing to the push for energy-efficient cars and the growing popularity of electric vehicles, providing lucrative growth opportunities for companies in the die casting lubricants market. car pressure.

China is one of the most attractive markets for automotive die casting lubricants. The Chinese automotive die casting lubricants market is expected to grow at a year-on-year (YoY) growth rate of 4.7% in 2021, totaling US$31.5 million.

Key players:

  • Henkel AG & Co. KGaA,
  • Chem-Trend LP,
  • Quaker Houghton Inc.,
  • Moresco Corp.,
  • The Hill and Griffith Company,
  • Geiger + Co. Schmierstoff-Chemie GmbH,
  • Ultraseal India Pvt. Ltd,
  • Condat S.A.,
  • Hardcastle Petrofer Pvt. Ltd,
  • Sunocs LLC,
  • J&S Chemical Corporation,
  • Lubgraf Synoils Pvt. Ltd.,

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