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The global lubricants market
was 36.36 million tons in 2014 and is projected to grow to 43.87 million tons by 2022, at an estimated CAGR of 2.4%.
High demand from automotive, industrial machinery and construction are expected to drive industry growth over the following years. Increasing polyamide resins demand has generated growing need for lubricants used in these compounds including stearic acid derivatives, modified ethylene waxes and montanic waxes. They are also widely used in a plethora of automotive applications to reduce friction and wear while enhancing the function of bearing surfaces. Strong demand for a range of manufactured finished goods and the need to expand production capacity are compelling manufacturers to rely on machineries to automate their production and processing activity.
Industrial machinery also represents a major end-use market for Lubricating Oils and Greases. The increase in manufacturing activity will spur investments in production, creating a strong business case for the use of industrial lubes.
According to the most recent economic studies, Asia Pacific represents the largest and fastest growing market, with volume sales projected to grow of 5% in the following three years.
Discover our solutions
for your products
Speed up to 200 CPH. Inline filler featuring specially enginereed…
Speed up to 40.000 CPH. Volumetric piston filler specifically engineered…
complete Lube Oil line
CFT Group, thanks to the wide experience of its brand Comaco, includes among its range of fillers a wide selection of weight fillers featuring different speeds, volumetric fillers with mass flow meter technologies, monoblocks specific for the Lube oil Industry, together with a specific range of inline fillers for drums up to In addition to these, thanks to PKS and Arca Robotic’s know-how, the Group offers a complete End of Line’s range including, wraparounds, shrinkwrappers, combi machine and complete depalletizing and palletizing systems.
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