Automotive Die Casting Lubricants Market Report | Industry Share & Report 2023-2028

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The latest report by IMARC Group, titled “Automotive Die Casting Lubricants Market Research Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on high-speed camera market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. finds that the global Automotive Die Casting Lubricants Market size reached  US$ 1.1 Billion in 2022.  Looking forward, IMARC Group expects the market to reach US$ 1.4 Billion in 2028, expanding at a CAGR of around 4% during the forecast period (2023-2028).

Automotive Die Casting Lubricants Market Overview

Automotive die casting lubricants are substances used to minimize friction between surfaces during the metal casting process. They can be used for surface heating or cooling, force transmission, or transporting foreign objects. They are commonly available in solvent-based and water-based variants. These lubricants protect automotive parts from problems such as cold shut, porosity, and in-cavity accumulation. Since they provide bright castings with less gas production and reduced corrosion and pitting of mold surfaces, automotive die casting lubricants are gaining immense traction across the globe.

Note-We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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What are the major market drivers in a Automotive Die Casting Lubricants Market ?

The global automotive die casting lubricants market is primarily driven by the rising product usage in manufacturing automotive components with high dimensional accuracy and lighter weight. Moreover, governments of numerous countries are implementing stringent policies to reduce carbon emissions.

In line with this, the rising demand for lightweight, non-ferrous metals in the automobile industry is positively influencing market growth. Additionally, the increasing automobile sales owing to ongoing economic development and inflating consumer disposable incomes is another major growth-inducing factor.

Besides this, the provision of various government subsidies and financial aids to promote the production and sales of electric vehicles (EVs) has catalyzed market growth.

Furthermore, the surging adoption of plunger lubricants due to the rising popularity of high-pressure die casting is contributing to the market growth. Other factors, including ongoing research and development (R&D) activities, shifting consumer preferences from forged components to products made through die casting, and the launch of eco-friendly product variants, are also anticipated to drive the market further.

For the competitor segment, the report includes global key players of the Automotive Die Casting Lubricants Market.
Chemtool Incorporated (The Lubrizol Corporation)

Chem-Trend LP (Freudenberg & Co. KG)

Condat SA, Falcon Industrial Inc

Geiger + Co. Schmierstoff-Chemie GmbH

Hardcastle Petrofer Pvt. Ltd Hill and Griffith Company

Lubgraf Synoils Pvt. Ltd

MORESCO Corporation

Petróleo Brasileiro S.A.

and Quaker Houghton Inc. 

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Type:

  • Water-based
  • Solvent-based
  • Others

Breakup by Material Type:

  • Aluminum and Magnesium
  • Tin
  • Lead and Zinc
  • Copper and Brass
  • Others

Breakup by Application:

  • Die Slick
  • Plunger Slick
  • Ladle Slick
  • Assembly Slick
  • Others

Breakup by Region:

  • North America: (United States, Canada)
  • Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Key Questions Answered in the Global Automotive Die Casting Lubricants Market Report

•    How has the global Automotive Die Casting Lubricants industry performed in the past and how will it perform in the near future?  
•    What is the impact of COVID-19 on the global Automotive Die Casting Lubricants market?  
•    What are the key regions in the global Automotive Die Casting Lubricants industry?  
•    What are the major driving factors and challenges in the global Automotive Die Casting Lubricants market?  
•    What is the structure of the global Automotive Die Casting Lubricants industry and who are the leading players?  
•    What is the degree of competition in the market? 

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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