Calcium Sulfonate Market Segmentation:
Grade Segment Analysis
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 Segment Analysis
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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