One Stop Solution For In-Depth Market Research Reports

詳細な市場調査レポートのワンストップソリューション

Home    >    CHEMICALS AND ADVANCED MATERIALS   >   Food Grade Lubricants Market

[ 英語タイトル ] Food Grade Lubricants Market - Growth, Trends, and Forecasts (2020 - 2025)


Product Code : MDCH0087307
Survey : Mordor Intelligence
Publish On : November, 2020
Number of Pages : 120
Category : Chemicals and Advanced Materials
Study Area : Global
Report format : PDF
Sales price option (consumption tax not included)
Single User USD4250 / Question Form
5 User USD4750 / Question Form
Enterprise User USD7500 / Question Form
 - Calumet Branded Products LLC
- CITGO Petroleum Corporation
- Clearco Products Co. Inc.
- CONDAT Group
- Dow
- Elba Lubrication Inc
- Engen Petroleum Ltd
- Kluber Lubrication
- Lubrication Engineers
- Matrix Specialty Lubricants BV
- Petrelplus Inc.
- Petro Canada
- Petro Canada
- The Chemours Company
- The Lubrizol Corporation
- Ultrachem, Inc

[Report Description]

The market for food-grade lubricants is expected to witness a CAGR of over 5% globally during the forecast period. Major factors driving the market studied are increasing food safety regulations and the growing applications in various industries. On the flip side, the shortage of awareness among manufacturers is hindering the growth of the market studied.

- The increasing applications in the food and beverage industry are expected to drive market growth during the forecast period.
- Europe is expected to dominate the market across the world with the most substantial consumption from countries, such as Germany, the United Kingdom, and France.

Key Market Trends

Increasing Application in Food and Beverage Industry

- Food grade lubricants are synthetic lubricants specially designed for industrial machinery in which incidental contact may occur between food and lubricants.
- These oils also comply with food/health and safety regulations, as well as be physiologically inert, tasteless, odorless, and internationally approved.
- The lubricants are susceptible to accidental contact with the food and beverages produced in the machinery, following a leak, overflow, or a lubrication fault, where these food grade lubricants play a vital role featuring their neutral property.
- Food safety regulations mandate the use of food-grade lubricants due to the high sources of contamination from the oils used in slicers, grinders, mixers, conveyors, bottling machines, sealing equipment, and various other packaging machines; thereby, reducing the risk of contamination.
- About 296 cold chain projects in the food processing industry were approved in India by May 2019, creating an increasing application for food-grade lubricants during manufacturing and packaging.
- Hence, due to the growing food and beverage manufacturing, especially in the Asia-Pacific and European regions, the demand for food-grade lubricants is expected to increase over the forecast period.

Europe Region to Dominate the Market

- Europe is expected to dominate the market for food-grade lubricants during the forecast period. Due to the high demand application from countries like Germany, the United Kingdom, and France, the market for food-grade lubricants is growing.
- The most significant application of food-grade lubricants is found in Europe. Some of the leading companies in the production of food-grade lubricants in Europe are CONDAT Group, Matrix Specialty Lubricants BV, Dow, and Clearco Products Co. Inc.
- In Europe, the sales of food and beverages rose by 10%, from EUR 110,270 million in 2018 to EUR 120,386 million in 2019, alternately witnessing an increase in the production where the scope of application for these food grade lubricants is attributed.
- According to the EU Food & Drinks Industry statistics, there are about 240,000 food and beverage manufacturing companies in Europe, with the maximum application of food-grade lubricants.
- The factors, as mentioned above, coupled with government support, are likely to contribute to the increasing demand for food-grade lubricants market during the forecast period.

Competitive Landscape

The food-grade lubricants market is fragmented, with players accounting for a marginal share in the market. Some of the significant companies include Dow, The Chemours Company, The Lubrizol Corporation, CONDAT Group, and Matrix Specialty Lubricants BV.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Increasing Food Safety Regulations
4.1.2 Growing Application in Various Industries
4.2 Restraints
4.2.1 Dearth of Awareness
4.2.2 Other Restraints
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Degree of Competition

5 MARKET SEGMENTATION
5.1 Food Grade
5.1.1 H1
5.1.2 H2
5.1.3 H3
5.2 Product Type
5.2.1 Grease
5.2.2 Hydraulic Fluid
5.2.3 Gear Oil
5.2.4 Other Product Types
5.3 End-user Industry
5.3.1 Food & Beverage
5.3.2 Cosmetics
5.3.3 Edible Oil
5.3.4 Other End-user Industries
5.4 Geography
5.4.1 Asia-Pacific
5.4.1.1 China
5.4.1.2 India
5.4.1.3 Japan
5.4.1.4 South Korea
5.4.1.5 Rest of Asia-Pacific
5.4.2 North America
5.4.2.1 United States
5.4.2.2 Canada
5.4.2.3 Mexico
5.4.3 Europe
5.4.3.1 Germany
5.4.3.2 United Kingdom
5.4.3.3 France
5.4.3.4 Russia
5.4.3.5 Rest of Europe
5.4.4 South America
5.4.4.1 Brazil
5.4.4.2 Argentina
5.4.4.3 Rest of South America
5.4.5 Middle-East and Africa
5.4.5.1 Saudi Arabia
5.4.5.2 South Africa
5.4.5.3 Rest of Middle-East and Africa

6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share (%)/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Calumet Branded Products LLC
6.4.2 CITGO Petroleum Corporation
6.4.3 Clearco Products Co. Inc.
6.4.4 CONDAT Group
6.4.5 Dow
6.4.6 Elba Lubrication Inc
6.4.7 Engen Petroleum Ltd
6.4.8 Kluber Lubrication
6.4.9 Lubrication Engineers
6.4.10 Matrix Specialty Lubricants BV
6.4.11 Petrelplus Inc.
6.4.12 Petro Canada
6.4.13 Petro Canada
6.4.14 The Chemours Company
6.4.15 The Lubrizol Corporation
6.4.16 Ultrachem, Inc

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Potential Growth in African Food Processing Sector
7.2 Other Opportunities

渋谷データカウント

渋谷データカウントは、最も信頼性が高く最新の調査分析レポートを確実に提供する経験豊富な調査専門家のグローバルチームが提供する、さまざまな業界のさまざまな市場調査レポートを提供する再販代理店です。

Recommended reports

+