According to a market report by Lucintel, the future of the lubricants in the global plastic processing market looks promising with opportunities in the construction, packaging, consumer goods, and automotive industries. The lubricants in the global plastic processing market is expected to reach an estimated $71 billion by 2030 from $50 billion in 2023 at a CAGR of 5% from 2023 to 2030. The major drivers for this market are growing demand for plastics in various end use markets, including construction, packaging, consumer goods, and automotive and increased demand for lubricants to reduce frictional forces and to improve processing & productivity of plastics manufacturing.
Browse 145 figures/charts and 120
tables in this 243–page report to understand trends, opportunity and forecast in lubricants in the global plastic processing
market to 2030 by lubricant type (paraffin/mineral oil, metallic stearates,
petroleum/polyolefin wax, fatty amides, esters/acids/alcohols, and others),
polymer type (polyvinyl chloride [PVC], polyolefin [PO], engineering plastics,
and other plastics), product type (internal lubricants and external
lubricants), end use industry (construction, packaging, consumer goods,
automotive, others), and region (North America, Europe, APAC and the Rest of
the World).
Lucintel
forecasts that metallic stearates will remain the largest market due to their
wide usage as internal and external lubricants in PVC and other plastic
processing industries. Lucintel predicts that paraffin/mineral oil will witness
the fastest growth during the forecast period due to the increasing consumption
of paraffin as an external lubricant and secondary plasticizer in PVC
processing.
Within
lubricants in the plastic processing market, PVC will remain the largest
polymer by value and volume due to the increasing demand for PVC in various
applications such as, pipes, packaging, wire & cable, flooring, roofing,
building materials, consumer goods, healthcare, and automotive parts.
Download
sample by clicking on lubricants
in the global plastic processing market.
Asia
Pacific is expected to remain the largest market by value and volume and
witness the highest growth over the forecast period due to the growing demand
for plastics in construction, packaging, and automotive industries.
Baerlocher,
Valtris Specialty Chemicals, Clariant, PMC Biogenix, BASF SE, Peter Greven,
Faci, FERRO-PLAST, Exxon Mobil are the major suppliers in the lubricants in the
global plastic processing market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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