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According to the latest research, the global Steel Wire Drawing Lubricants market size was valued at USD 171.33 million in 2022 and is expected to expand at a CAGR of 2.03% during the forecast period, reaching USD 193.27 million by 2028.
Wire drawing lubricants, that is, lubricants when drawing metal wires. In the process of cold drawing deformation of steel wire, Steel Wire Drawing Lubricants can play a role in lubricating performance, reduce friction coefficient, save energy consumption and extend the service life of wire drawing dies. During the drawing process, Steel Wire Drawing Lubricants can also form a lubricating film on the surface of the steel wire to protect the steel wire.
Steel Wire Drawing Lubricants Growth Drivers
For Steel Wire Drawing Lubricants products, it is mainly used in the drawing process of low-carbon steel wire, high-carbon steel wire, special alloy steel wire, stainless steel wire and other materials. As a result, the rising demand for metal processing directly promotes the demand for Steel Wire Drawing Lubricants products.
In recent years, with the continuous acceleration of industrialization in developing and developed countries, the automotive, medical engineering, and electronics industries have continuously increased their demand for metal processing products. Take welding wire as an example. The economical production of welding wire and other fine welding wires and ultra-fine welding wires requires a high degree of process stability. The wet lubricants developed by some large Steel Wire Drawing Lubricants product manufacturers for this purpose can provide reliable protection even at high production speeds, prevent wire breakage or wire breakage, and ensure smooth, clean and shiny end faces. Therefore, the welding wire produced can even meet the highest requirements, for example in the automotive, medical engineering and electronics industries.
At the same time, in recent years, with the continuous improvement of residents' per capita income and consumption level, the automobile industry is undergoing rapid development. According to statistics from the International Automobile Manufacturers Association (OICA), global car sales will be 77,971,200 in 2020. From the perspective of sales in all continents, Asia and Oceania are Asia and Oceania are the world's main markets for automobile consumption. In 2020, car sales in Asia and Oceania were 40,107,300, accounting for 51.44% of the world's total. The car sales in North America and Europe were 16,956,800 and 16,705,600 respectively, accounting for 21.75% and 21.43% of global car sales respectively. These two regions are traditional markets for car consumption. In the field of automotive metal processing, Steel Wire Drawing Lubricants can improve the material properties of the wire by providing uniform surface roughness. This helps prevent wire breakage and breakage and stabilize the drawing process. At the same time, it can also achieve a higher wire production speed. As a lubricant film between the wire and the mold, Steel Wire Drawing Lubricants can also reduce friction on the mold. Due to the reduced wear, the temperature is lower, the power consumption is reduced, and the mold life is longer. As a result, the development of the automotive industry is also promoting the continuous development of the Steel Wire Drawing Lubricants market.
Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
TRAXIT International is one of the major players operating in the Steel Wire Drawing Lubricants market, holding a share of 23.68% in 2021.
TRAXIT International is a global manufacturer of wire drawing lubricants. Its product range includes 300 types of dry lubricants, wet lubricants and coating agents. TRAXIT International has been part of the Freudenberg Group since 2020. In the company network of TRAXIT International, TRAXIT International provides customers with excellent solutions and customer-oriented services, covering all aspects of specialty lubricants for a wide range of applications. At the same time, as a manufacturer of special lubricants for wire drawing, TRAXIT International is the best supplement to Klüber's lubricant product portfolio.
Specialists in surface chemistry, CONDAT designs, produces and sells a complete technical range of lubricants, metal-forming products, coatings and special products. The large range allows for the concept of a global offer based on segmentation by application field.
Segmentation Overview:
Among different product types, Calcium Soap Based Lubricants segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Dry-Wire Drawing Process segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Steel Wire Drawing Lubricants industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Steel Wire Drawing Lubricants. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Steel Wire Drawing Lubricants Market Report Include:
Market Size Estimates: Steel Wire Drawing Lubricants market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Steel Wire Drawing Lubricants market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Steel Wire Drawing Lubricants market
Segment Market Analysis: Steel Wire Drawing Lubricants market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Steel Wire Drawing Lubricants market situations and prospects in major and top regions and countries
Steel Wire Drawing Lubricants Market
Steel Wire Drawing Lubricants Industry Chain: Steel Wire Drawing Lubricants market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Steel Wire Drawing Lubricants Industry News, Policies by regions
Steel Wire Drawing Lubricants Industry Porters Five Forces Analysis
Key players in the global Steel Wire Drawing Lubricants market are covered in Chapter 2:
Zeller+Gmelin
Blachford
Chemetall
Pan Chemicals
TRAXIT International
Jiangyin Ouyate
Holifa
Aztech Lubricants
CONDAT
Adeka
Kyoeisha
Dasheng Guangming Chemical Plant
In Chapter 6 and Chapter 9, on the basis of types, the Steel Wire Drawing Lubricants market from 2018 to 2028 is primarily split into:
Sodium Soap Based Lubricants
Calcium Soap Based Lubricants
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Steel Wire Drawing Lubricants market from 2018 to 2028 covers:
Wet-Wire Drawing Process
Dry-Wire Drawing Process
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Steel Wire Drawing Lubricants market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Steel Wire Drawing Lubricants industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Steel Wire Drawing Lubricants market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Steel Wire Drawing Lubricants industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Steel Wire Drawing Lubricants market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Steel Wire Drawing Lubricants market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Steel Wire Drawing Lubricants market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Wire drawing lubricants, that is, lubricants when drawing metal wires. In the process of cold drawing deformation of steel wire, Steel Wire Drawing Lubricants can play a role in lubricating performance, reduce friction coefficient, save energy consumption and extend the service life of wire drawing dies. During the drawing process, Steel Wire Drawing Lubricants can also form a lubricating film on the surface of the steel wire to protect the steel wire.
Steel Wire Drawing Lubricants Growth Drivers
For Steel Wire Drawing Lubricants products, it is mainly used in the drawing process of low-carbon steel wire, high-carbon steel wire, special alloy steel wire, stainless steel wire and other materials. As a result, the rising demand for metal processing directly promotes the demand for Steel Wire Drawing Lubricants products.
In recent years, with the continuous acceleration of industrialization in developing and developed countries, the automotive, medical engineering, and electronics industries have continuously increased their demand for metal processing products. Take welding wire as an example. The economical production of welding wire and other fine welding wires and ultra-fine welding wires requires a high degree of process stability. The wet lubricants developed by some large Steel Wire Drawing Lubricants product manufacturers for this purpose can provide reliable protection even at high production speeds, prevent wire breakage or wire breakage, and ensure smooth, clean and shiny end faces. Therefore, the welding wire produced can even meet the highest requirements, for example in the automotive, medical engineering and electronics industries.
At the same time, in recent years, with the continuous improvement of residents' per capita income and consumption level, the automobile industry is undergoing rapid development. According to statistics from the International Automobile Manufacturers Association (OICA), global car sales will be 77,971,200 in 2020. From the perspective of sales in all continents, Asia and Oceania are Asia and Oceania are the world's main markets for automobile consumption. In 2020, car sales in Asia and Oceania were 40,107,300, accounting for 51.44% of the world's total. The car sales in North America and Europe were 16,956,800 and 16,705,600 respectively, accounting for 21.75% and 21.43% of global car sales respectively. These two regions are traditional markets for car consumption. In the field of automotive metal processing, Steel Wire Drawing Lubricants can improve the material properties of the wire by providing uniform surface roughness. This helps prevent wire breakage and breakage and stabilize the drawing process. At the same time, it can also achieve a higher wire production speed. As a lubricant film between the wire and the mold, Steel Wire Drawing Lubricants can also reduce friction on the mold. Due to the reduced wear, the temperature is lower, the power consumption is reduced, and the mold life is longer. As a result, the development of the automotive industry is also promoting the continuous development of the Steel Wire Drawing Lubricants market.
Region Overview:
From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:
TRAXIT International is one of the major players operating in the Steel Wire Drawing Lubricants market, holding a share of 23.68% in 2021.
TRAXIT International is a global manufacturer of wire drawing lubricants. Its product range includes 300 types of dry lubricants, wet lubricants and coating agents. TRAXIT International has been part of the Freudenberg Group since 2020. In the company network of TRAXIT International, TRAXIT International provides customers with excellent solutions and customer-oriented services, covering all aspects of specialty lubricants for a wide range of applications. At the same time, as a manufacturer of special lubricants for wire drawing, TRAXIT International is the best supplement to Klüber's lubricant product portfolio.
Specialists in surface chemistry, CONDAT designs, produces and sells a complete technical range of lubricants, metal-forming products, coatings and special products. The large range allows for the concept of a global offer based on segmentation by application field.
Segmentation Overview:
Among different product types, Calcium Soap Based Lubricants segment is anticipated to contribute the largest market share in 2028.
Application Overview:
By application, the Dry-Wire Drawing Process segment occupied the biggest share from 2018 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Steel Wire Drawing Lubricants industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Steel Wire Drawing Lubricants. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Steel Wire Drawing Lubricants Market Report Include:
Market Size Estimates: Steel Wire Drawing Lubricants market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Steel Wire Drawing Lubricants market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Steel Wire Drawing Lubricants market
Segment Market Analysis: Steel Wire Drawing Lubricants market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Steel Wire Drawing Lubricants market situations and prospects in major and top regions and countries
Steel Wire Drawing Lubricants Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Steel Wire Drawing Lubricants Industry Chain: Steel Wire Drawing Lubricants market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Steel Wire Drawing Lubricants Industry News, Policies by regions
Steel Wire Drawing Lubricants Industry Porters Five Forces Analysis
Key players in the global Steel Wire Drawing Lubricants market are covered in Chapter 2:
Zeller+Gmelin
Blachford
Chemetall
Pan Chemicals
TRAXIT International
Jiangyin Ouyate
Holifa
Aztech Lubricants
CONDAT
Adeka
Kyoeisha
Dasheng Guangming Chemical Plant
In Chapter 6 and Chapter 9, on the basis of types, the Steel Wire Drawing Lubricants market from 2018 to 2028 is primarily split into:
Sodium Soap Based Lubricants
Calcium Soap Based Lubricants
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Steel Wire Drawing Lubricants market from 2018 to 2028 covers:
Wet-Wire Drawing Process
Dry-Wire Drawing Process
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Steel Wire Drawing Lubricants market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Steel Wire Drawing Lubricants industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Steel Wire Drawing Lubricants market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Steel Wire Drawing Lubricants industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Steel Wire Drawing Lubricants market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Steel Wire Drawing Lubricants market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Steel Wire Drawing Lubricants market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
