September 10, 2015 - 11:42 AM EDT
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Research and Markets: Food Grade Lubricants Market by Base Oil and by Application Global Market Trends & Forecasts to 2020

Research and Markets (http://www.researchandmarkets.com/research/fzmpmj/food_grade) has announced the addition of the "Food Grade Lubricants Market by Base Oil and by Application Global Market Trends & Forecasts to 2020" report to their offering.

The market for food grade lubricants is estimated at 43.7 KT in 2015 and is projected to grow at a CAGR of 6.7% between 2015 and 2020

The global as well as regional markets have been segmented on the basis of base oil and application. The base oil types are mineral oil, synthetic oil, and bio-based oil. The applications of food grade lubricants are food, beverages, pharmaceuticals & cosmetics, and others.

The report analyzes the market dynamics such as drivers, restraints, opportunities, and winning imperatives. The leading companies, such as Chemtura Corporation (U.S.), Klüber Lubrication München SE & Co. KG (Germany), and Fuchs Petrolub SE (Germany), have been profiled in this report. The report also provides the analysis of competitive landscape based on the recent developments in the market.

The food grade lubricants market is highly fragmented with the presence of large number of global and regional manufacturers. These manufacturers are focused on catering their customers with advanced products and have launched a number of new products in the recent past.

Food grade lubricants can be classified into three categories based on the base oil type, namely; mineral oil, synthetic oil (PAO, PAG, and others), and bio-based oil. Mineral oil is the largest type based on raw material. The need for increase in the efficiency of the grinding process due to the high costs associated with it has led to increased consumption of grinding aids. The market for mineral oil in 2014 was approximately 77.7% of the total market, in terms of volume. Europe is the largest consumer of mineral oil-based food grade lubricants.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Food Grade Lubricants Market, By Base Oil

8 Food Grade Lubricants Market, By Application

9 Food Grade Lubricants Market, Regional Analysis

10 Competitive Landscape

11 Company Profiles

- Ab Skf

- Castrol Ltd.

- Chemtura Corporation

- Exxon Mobil Corporation

- Fuchs Petrolub Se

- Illinois Tool Works Inc.

- Jax Inc.

- Klüber Lubrication München Se & Co. Kg

- Petro-Canada Lubricants Inc.

- Total Sa

For more information visit http://www.researchandmarkets.com/research/fzmpmj/food_grade

Research and Markets
Laura Wood, Senior Manager
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Sector: Oils and Fats


Source: Business Wire (September 10, 2015 - 11:42 AM EDT)

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