市場調查報告書
商品編碼
1292925
2023-2030年全球合成酯類潤滑油市場Global Synthetic Ester Lubricants Market 2023-2030 |
在預測期內,全球合成酯潤滑油市場預計將以4.1%的可觀複合年成長率成長。該市場的成長歸因於各種終端行業對合成潤滑油需求的增加等因素。此外,由於高性能酯類潤滑劑的特性,對它們的需求不斷增加,預計將推動市場成長。例如,由於酯類具有低溫流動性和良好的高溫性能,50多年來一直被用於噴射引擎潤滑油。與礦物油相比,合成酯,特別是二酯具有更高的粘度指數、低流點、高閃點、低溫流動性、低揮發性、高熱穩定性和抗氧化性,以及出色的整體潤滑特性。
分段展望:
中國石油天然氣集團公司
Fuchs Petrolub SE
維爾沃林
Global Synthetic Ester Lubricants Market Size, Share & Trends Analysis Report by Type (Monoester, Diester, Polyol Ester, and Aromatic Carboxylic Ester), by Application (Compressor Oils, Hydraulic Oils, Metalworking Fluids, Diesel and Petrol Engine Oils, and Others), and by End-use Industry (Construction, Mining, Metal Production, Power Generation, Automotive Manufacturing, Marine, Oil and Gas, Textile, Food Processing, and Others) Forecast Period (2023-2030)
The global synthetic ester lubricants market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The growth of the market is attributed to factors such as the increasing demand for synthetic lubricants in various end-use industries. Further, the growing demand for high-performance ester lubricants owing to the properties they impart is anticipated to propel the market growth. For instance, esters have been used in jet engine lubricants for over 50 years due to their combination of low-temperature flowability and good high-temperature performance. When compared to mineral oils, synthetic esters and especially diesters offer the advantage of higher viscosity indexes, low pour points, high flash points, low-temperature fluidity, low volatility, high thermal stability, and oxidation resistance, as well as excellent overall lubricity characteristics.
The global synthetic ester lubricants market is segmented based on its type, application, and end-use industry. Based on its type, the market is segmented into monoester, diester, polyol ester, and aromatic carboxylic ester. Based on the application, the market is categorized into compressor oils, hydraulic oils, metalworking fluids, diesel and petrol engine oils, and others. Further, based on the end-use industry, the market is segmented into construction, mining, metal production, power generation, automotive manufacturing, marine, oil and gas, textile, food processing, and others. Among the type segment, polyol ester is anticipated to hold a prominent market share owing to the increased demand from automotive, manufacturing and other industrial applications.
Among the end-use industry segment, the automotive manufacturing sub-segment is anticipated to register significant growth for the forecast period. The growth of the automotive manufacturing sub-segment is attributed to the factors such as the increasing demand for synthetic lubricants in the automotive industry. Advanced easter-based oils have improved wettability, lubrication, high colling power, rust inhibiting, and detergency properties. They have added attraction of being natural, non-toxic, biodegradable, relatively non-polluting, and cheaper than synthetics. The ester-based metal working formulation gives an enhanced performance, better surface finish, and improved durability, which is vital to automotive components.
The global synthetic ester lubricants market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among these, the Asia-Pacific market is anticipated to cater to prominent growth over the forecast period. However, the North American region is projected to experience considerable growth in the synthetic ester lubricants market owing to increased production capacity and industrialization in the region.
Global Synthetic Ester Lubricants Market Growth, by Region 2022-2028
Source: OMR Analysis
Among all regions, the European region is anticipated to account for a significant share of the synthetic ester lubricants market during the forecast period. The regional market growth is primarily driven by factors such as the increasing demand for synthetic lubricants in various end-use industries, particularly the automotive industry, which is one of the major consumers of synthetic ester lubricants. The region is home to some of the largest automotive manufacturers, such as Volkswagen Group, BMW Group, Daimler AG, PSA Group, Renault Group, Fiat Chrysler Automobiles, Volvo Cars, Jaguar Land Rover, and others. Thus, the growing demand for high-performance lubricants from the automotive sector, coupled with the increasing focus on energy efficiency and sustainability, is anticipated to drive market growth in the Europe region. Also, the market players are coming up with new and enhanced bio-based ester lubricants thereby creating a healthy and competitive environment for business which is anticipated to contribute positively to the growth of the synthetic ester lubricants market. For instance, in March 2023, French synthetic ester-base stocks manufacturer NYCO launched a new Nycobase synthetic ester base fluid and extended the line of their NSF® HX-1 products. Nycobase 32011 FG is an ISO VG 220, high-performance, high-temperature synthetic ester dedicated to the formulation of lubricants exposed to very high temperatures, such as high-temperature chain oils or compressor oils. This new product shows outstanding performance features such as ultra-low volatility, flash points exceeding 300°C, a high level of resistance to thermo-oxidation cleanliness in operation, and good lubricity.
The major companies serving the global synthetic ester lubricants market include: BP Plc, Chevron Corp., Exxon Mobil Corp., Royal Dutch Shell Plc, and Total SA, among others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2023, KLK Oleo acquired a controlling stake in Italian oleochemical producer Temix Oleo. Milan-based Temix Oleo offers ester base stocks for metalworking fluids, it also operates a plant in Calderara, Italy, with the capacity to produce 25,000 metric tons per year of esters. The acquisition move expands KLK Oleo's capabilities for manufacturing esters for base oils and lubricants.
The Report Covers:
Current Industry Analysis and Growth Potential Outlook
British Petroleum
China National Petroleum Corp.
FUCHS PETROLUB SE