The global Wire Drawing Lubricants market was valued at 25.98 Million USD in 2021 and will grow with a CAGR of 3.05% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Lubrication in the drawing process is essential for maintaining good surface finish and long die life. The following are different methods of lubrication:Wet drawing: the dies and wire or rod are completely immersed in lubricants.Dry drawing: the wire or rod passes through a container of lubricant which coats the surface of the wire or rodThe global Wire Drawing Lubricants industry is a niche market with high technic barrier. The major manufacturers are concentrated in European countries like France, Germany, UK, such as TRAXIT International, CONDAT, Zeller+Gmelin. Kyoeisha and Adeka are leading suppliers in Asia market. At present, TRAXIT International is the world leader in terms of sales volume, holding 22.28% production market share in 2017. The global Wire Drawing Lubricants consumption market is led by China and China is the largest region consumption market, accounting for about 38.91% of global consumption of Wire Drawing Lubricants. Wire Drawing Lubricants have broad distribution network in the worldwide, however, they tend not to set plants in multiple regions, since demand of specialty lubricants is relatively small. The Global Wire Drawing Lubricants market size was 247.14 million USD in 2017 and it will be305.04 million USD in 2024, with a Growth Rate of 3.05% from 2017 to 2024. In terms of volume, the Global Wire Drawing Lubricants market size was 82145MT in 2017 and it will be 104045MT in 2024, with a Growth Rate of 3.43% from 2017 to 2024.

By Market Verdors:

TRAXIT International

CONDAT

Zeller+Gmelin

Kyoeisha

Adeka

Chemetall

Bechem

Metalube

Aztech Lubricants

Petrofer

Blachford

Holifa

Fuchs

By Types:

Dry Wire Drawing Lubricants

Wet Wire Drawing Lubricants

By Applications:

Carbon Steel Wire

Stainless Steel Wire

Tire Bead & Cord

Galvanized Wire

Aluminum & Alloy Wires

Copper Wires

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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