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Global Food Grade Lubricants Market 2022
Food grade lubricant is any lubricant that is considered safe for incidental contact with items that may be consumed by humans or animals, as long as it does not exceed a certain concentration. The global food grade lubricants market is poised to grow by US$ 114.8 million during 2022-2028, progressing at a CAGR of 5.5% during the forecast period, according to data and analytics company StrategyHelix.
The report provides up-to-date market size data for period 2018-2021 and forecast to 2028 covering key market aspects like sales value for food grade lubricants. The global food grade lubricants market is segmented on the basis of product, tier, application, and region. By product, the global food grade lubricants market has been segmented into bio-based, mineral, synthetic. In 2021, the mineral segment made up the largest share of revenue generated by the food grade lubricants market. Based upon tier, the global food grade lubricants market is categorized into H1 lubricants, H2 lubricants, H3 lubricants. The H1 lubricants segment was the largest contributor to the global food grade lubricants market in 2021. On the basis of application, the global food grade lubricants market has been segmented into beverages, cosmetics, food, pharmaceuticals, others. The food segment is estimated to account for the largest share of the global food grade lubricants market. Geographically, the global food grade lubricants market is segmented into North America, Asia Pacific, Europe, Rest of the World (ROW).
The global food grade lubricants market is highly competitive. Key companies profiled in the report include AB SKF, ADDINOL Lube Oil GmbH, Anderol B.V. (Lanxess AG), Citgo Petroleum Corporation, Condat Corporation, Elba Lubrication Inc., ExxonMobil Corporation, Fuchs Petrolub SE, KLUBER LUBRICATION INDIA Pvt. Ltd., Petro-Canada Lubricants Inc., TotalEnergies Inc., Ultrachem Inc., Vinayak Oil and Fats Pvt. Ltd.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the food grade lubricants market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Product: bio-based, mineral, synthetic
Tier: H1 lubricants, H2 lubricants, H3 lubricants
Application: beverages, cosmetics, food, pharmaceuticals, others
Region: North America, Asia Pacific, Europe, Rest of the World (ROW)
Years considered: this report covers the period 2018 to 2028
Key Benefits for Stakeholders
– Get a comprehensive picture of the global food grade lubricants market
– Pinpoint growth sectors and trends for investment
Table of Contents
Part 1. Introduction
– Scope of the study
– Study period
– Geographical scope
– Research methodology
Part 2. Food grade lubricants market overview
Part 3. Market breakdown by product
Part 4. Market breakdown by tier
– H1 lubricants
– H2 lubricants
– H3 lubricants
Part 5. Market breakdown by application
Part 6. Market breakdown by region
– North America
– Asia Pacific
– Rest of the World (ROW)
Part 7. Key companies
– AB SKF
– ADDINOL Lube Oil GmbH
– Anderol B.V. (Lanxess AG)
– Citgo Petroleum Corporation
– Condat Corporation
– Elba Lubrication Inc.
– ExxonMobil Corporation
– Fuchs Petrolub SE
– KLUBER LUBRICATION INDIA Pvt. Ltd.
– Petro-Canada Lubricants Inc.
– TotalEnergies, Inc.
– Ultrachem Inc.
– Vinayak Oil and Fats Pvt. Ltd.