Wire Drawing Lubricants Market (Updated Version Available)

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 rod
The 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 2020.
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 2020 and it will be305.04 million USD in 2024, with a Growth Rate of 3.05% from 2020 to 2024. In terms of volume, the Global Wire Drawing Lubricants market size was 82145MT in 2020 and it will be 104045MT in 2024, with a Growth Rate of 3.43% from 2020 to 2024.
Global Wire Drawing Lubricants market size will increase to 320 Million US$ by 2026, from 250 Million US$ in 2020, at a CAGR of 3.1% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Wire Drawing Lubricants.

This report covers the present status and the future prospects of the global Wire Drawing Lubricants market for 2015-2026.
The report offers detailed coverage of Wire Drawing Lubricants industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Wire Drawing Lubricants by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
TRAXIT International, CONDAT, Zeller+Gmelin, Kyoeisha, Adeka, Chemetall, Bechem, Metalube, Aztech Lubricants, Petrofer, Blachford, Holifa, Fuchs

Market Segment as follows:
Market by Order Type

Dry Wire Drawing Lubricants
Wet Wire Drawing Lubricants
Wire Drawing Lubricants Breakdown Data by Application
Carbon Steel Wire
Stainless Steel Wire
Tire Bead & Cord
Galvanized Wire
Aluminum & Alloy Wires
Copper Wires
Other Applications

Wire Drawing Lubricants Production market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Wire Drawing Lubricants market for the forecast period 2021 - 2026?
• What are the driving forces in the Wire Drawing Lubricants market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Wire Drawing Lubricants industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.