Calcium Sulfonate Market size is expected to reach USD 366 Billion by the end of 2035, growing at a CAGR of 5% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of calcium sulfonate was around USD 246 Billion. The reason behind the growth is impelled by the growing demand for lubricant oils in the engine. To keep moving parts lubricated and to act as a barrier against water and debris, calcium sulfonates are employed in engine oil as semisolid lubricants. For instance, in 2020, the global demand for lubricants reached over 35 million metric tonnes.
The growing industrial activities across the world are believed to fuel the calcium sulfonate market growth. These fluids are essential for the application of industries, owing to their reduced friction between motor elements. In the case of industrial components, they are also used to prevent corrosion, oxidation, and thermal stability. Moreover, on the surface of a metal, rust inhibitors are surfactants that reduce acids. Excluding the United States, worldwide industrial production increased by over 0.1% in 2023.
Growth Drivers
Challenges
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Base Year |
2022 |
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Forecast Year |
2023-2035 |
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CAGR |
~ 5% |
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Base Year Market Size (2022) |
~ USD 246 Billion |
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Forecast Year Market Size (2035) |
~ USD 366 Billion |
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Regional Scope |
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Grade (Food Grade, Industrial Grade)
The industrial grade segment in the calcium sulfonate market is estimated to gain a robust revenue share of about ~65% in the coming years since it is extensively used in off-highway equipment. Off road heavy duty industrial machinery is subjected to the highest level of pressures for lubrication. Special greases such as calcium sulfonate with high load carrying capacity and excellent water resistance, are required by manufacturers of large duty equipment in order to be able to carry huge loads. Therefore, calcium sulfonate comprises of various suitable properties used for heavy industrial machinery which is bolstering the market growth of calcium sulfonate in the industrial grade.
Application (Industrial, Marine, Food Processing, Steel Automotive, Commercial Vehicle, Mining)
Calcium sulfonate market from the automotive segment is set to garner a notable share shortly. Properties such as excellent mechanical stability, resistance to water washout, and high-temperature performance are extensively used in the automotive industry. In addition, calcium sulfonate is widely used as additives for motor oils, metalworking fluids, automatic transmission fluids, industrial or automotive gear oil, and so on. The main automotive uses are chassis, ball joints, annulus joints, or wheel bearings. The types of applications that are used in the area of industry shall be continuous casters, conveyors, ball mills, and crushers off shore and underwater. These factors are anticipated to grow the market at a higher rate.
Our in-depth analysis of the global calcium sulfonate market includes the following segments:
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Grade |
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Application |
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APAC Market Forecast
Calcium sulfonate market in Asia Pacific is predicted to account for the largest share of 38% by 2035 impelled by the rapid urbanization. As more and more people are shifting towards urban areas there is a huge demand created for calcium sulfonate created as numerous industries are expanding primarily in countries such as China and India.
In India, more than 40% of the population will live in urban areas by the middle of the year 2035.
North American Market Statistics
The North American calcium sulfonate market is estimated to be the second largest, during the forecast timeframe growing emphasis on domestic production. A positive outlook for the market in the years to come will be achieved as a result of sanctions imposed by the US and increased emphasis on domestic lubricant production. In North America, an optimistic 5.2% compound annual growth rate is expected to be achieved due to the shift in local manufacturing and expansion of existing lubricant production units.
Author Credits: Smruti Ranjan, Rajrani Baghel
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