Slideway Oil Market Trends, Company Share To 2022: Grand View Research, Inc.

Posted March 3, 2016 by snehali

Grand View has announced the addition of "Slideway Oil Market Analysis and Segment Forecasts To 2022" Market Research report to their Database.

The global slideway oil market is expected to reach USD 94.78 billion by 2022, according to a new report by Grand View Research, Inc. High machinery demand in automobile, food & beverage and packaging industry is expected to fuel product market over the next seven years.
Rapid industrialization in emerging economies of BRICS on account of favorable foreign investment norms, availability of large pool of skilled labor and technological know-how is expected to have a positive impact on the sector over the forecast period.
Increasing R&D expenditure for introduction of improved product grades is expected to promote demand over the next seven years. Stringent regulations restraining product use primarily in food & beverage manufacturing machinery is likely to hamper industry growth. Technological innovations pertaining to improving efficiency and anti-slip properties is expected to have a positive impact on the market over the next seven years.
Browse to access In-depth research report on Global Slideway Oil Market with detailed charts and figures:
Further key findings from the report suggest:
• ISO VG 68 was the largest product segment with volume estimated over 3.00 million tons in 2014. The product is employed in numerous mobile and industrial applications on account of its excellent wear protection against high speed pumps and increased pressure, rust and corrosion. This is expected to have a positive impact on product growth over the next seven years.
• ISO VG 220 grade revenue was valued over USD 15.00 billion in 2014. Increasing product use in worm gears and heavy loaded gearings on account of anti-wear and anti-corrosion properties is expected to fuel its demand over the forecast period.
• Asia Pacific is the largest regional segment and was valued at over USD 25.00 billion in 2014. Rapid industrialization in India and China coupled with growing transportation and manufacturing sectors are expected to favourably impact demand over the forecast period.
• North America and Asia Pacific have been the largest markets for these products on account of tremendous growth in the manufacturing sector. Rising R&D investments coupled with associated technological breakthroughs in the area of processing and cost-effective production of slideway oils were key factors responsible for augmenting demand over the past few years and the trend is expected to continue over the forecast period.
• Major manufacturers are integrated to provide specialized products on the basis of application. Companies including ExxonMobil and Chevron are directly involved in production of slideway oil for specific applications. These companies are further involved in supply agreements with major end-users to ensure steady sales of the product. Rising industrial output particularly in metal forming, foundry, plastics, machining and mining industries of China and India has led to capacity expansions by companies.
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Grand View Research has segmented the global slideway oil market on the basis of product and region:
Global Slideway Oil Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
• ISO VG 68
• ISO VG 220
• Others
Global Slideway Oil Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)
• North America
o U.S.
• Europe
o UK
o Germany
• Asia Pacific
o China
o India
o Japan
• Latin America
o Brazil
o Saudi Arabia
o Qatar

Browse more reports of this category by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
email: [email protected]
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Issued By Grand View Research, Inc.
Country United States
Categories Business
Tags Slideway Oil Market , Slideway Oil Market size
Last Updated March 3, 2016