Lube Oil

Market Trends

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. 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.

 

regional insights

  • North America
  • Asia Pacific: largest and fastest growing market
  • Europe
  • South America
  • Middle East and Africa

 

Sources:
alliedmarketresearch.com
mordorintelligence.com

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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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