Market Revenue Slideway Oil Market Research Methodology

Slideway Oil Market Research Methodology, Manufacturing Cost
Analysis By 2022
“Slideway Oil Market size was USD 60.61 billion in 2014 and is projected to
reach USD 94.78 billion by 2022. Increasing demand from industrial,
automotive and construction sectors owing to the lubrication, corrosion and
anti-wear properties is anticipated to drive the global slide way oil market
growth over the forecast period.”
Global Slideway Oil Market size was USD 60.61 billion in 2014 and is projected to reach USD 94.78 billion by
2022. Increasing demand from industrial, automotive and construction sectors owing to the lubrication,
corrosion and anti-wear properties is anticipated to drive the global slide way oil market growth over the
forecast period. Preventive maintenance incorporating the use of slideway oils is used by the companies for
industrial machinery maintenance in order to reduce the operational costs. Emerging machinery demand by
industries such as food & beverages and automotive for slideway lubricants including industrial, metal working
and processing fluids is expected to fuel product demand. Technological advancements have led to the
development of products possessing anti slip and pressure handling properties.
Adoption of these products facilitates resistance to oxidation, foaming and rusting and has major application in
cold heading applications. Increasing shelf of machinery and efficiency coupled with reduction in down time are
significant benefits of using the slideway oils. Owing to superior adhesion properties, oil consumption
significantly reduces by the use of slideway applications. The major challenges for the industry are compliance
with the stringent government regulations including EPA, EU & REACH along with confronting high prices
associated with the raw materials. Dealing with contamination from water based coolants and metalworking
fluids pose another challenge which is primarily associated with the product usage. Companies are focusing on
overcoming frictional challenges by shuddering and resistance which in turn is expected to create significant
growth opportunities for the industry over next seven years.
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