Rolling is a forming process in which the rolled piece is deformed between two rollers. It is commonly used to reduce the thickness of a strip or sheet. The friction between the rollers and the material is a very important factor for the success of the rolling process. The generated heat must be transported away by the rolling oil emulsion. Rolling oil emulsions are used in the cold rolling process of ferrous and non-ferrous metals. Rolling oils are selected depending on the type of metal to be rolled.
MARKET DYNAMICS
Growth in the demand for steel and aluminum all over the world is mainly driving the cold rolling oils market. Growing metal processing and steel production activities are creating demand for cold rolling oils. Moreover, rapid growth in the automotive sector in Asia Pacific region is expected to offer more growth opportunities for market. However, fluctuations in the prices of raw materials is expected to hamper the growth of the cold rolling oils market.
MARKET SCOPE
The "Global Cold Rolling Oils Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the cold rolling oils market with detailed market segmentation by product type, application, and end use industry. The global cold rolling oils market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cold rolling oils market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global cold rolling oils market is segmented into product type, application, and end use industry. By product type, the cold rolling oils market is classified into synthetic and mineral-based. By application, the cold rolling oils market is classified into steel, aluminum, and others. By end use industry, the cold rolling oils market is classified into automotive, consumer goods, others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global cold rolling oils market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The cold rolling oils market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the cold rolling oils market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely, North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the cold rolling oils market in these regions.
MARKET PLAYERS
The report covers vital developments in the cold rolling oils market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the cold rolling oils market are anticipated to witness lucrative growth opportunities in the future with the rising demand for cold rolling oils in the global market. Below mentioned is the list of few companies engaged in the cold rolling oils market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the cold rolling oils market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
1. Bharat Petroleum Corporation Limited
2. Kuwait Petroleum
3. Vinayak Oil
4. Exxon Mobil Corporation
5. TotalEnergies
6. HP Lubricants
7. Eastern Petroleum
8. Quaker Chemical Corporation
9. WITMANS GROUP
10. Panvel Industrial Fastners Pvt. Ltd.