Slideway Oil Market Growth Area, Revenue, Shares and
Opportunities Forecast by 2022
“Increasing demand from industrial, automotive and construction sectors
owing to the lubrication, corrosion and anti-wear properties is anticipated to
drive the global slide way oil market growth over the forecast period.”
Global Slideway Oil Market size was USD 60.61 billion in 2014 and is projected to reach USD 94.78 billion by
2022. Increasing demand from industrial, automotive and construction sectors owing to the lubrication,
corrosion and anti-wear properties is anticipated to drive the global slide way oil market growth over the
forecast period. Preventive maintenance incorporating the use of slideway oils is used by the companies for
industrial machinery maintenance in order to reduce the operational costs. Emerging machinery demand by
industries such as food & beverages and automotive for slideway lubricants including industrial, metal working
and processing fluids is expected to fuel product demand.
Technological advancements have led to the development of products possessing anti slip and pressure handling
properties. Adoption of these products facilitates resistance to oxidation, foaming and rusting and has major
application in cold heading applications. Increasing shelf of machinery and efficiency coupled with reduction in
down time are significant benefits of using the slideway oils. Owing to superior adhesion properties, oil
consumption significantly reduces by the use of slideway applications.
Request Sample Copy of this Market Research @
https://www.millioninsights.com/industry-reports/slideway-oil-market/request-sample
The major challenges for the industry are compliance with the stringent government regulations including EPA,
EU & REACH along with confronting high prices associated with the raw materials. Dealing with contamination
from water based coolants and metalworking fluids pose another challenge which is primarily associated with