The growth of Wire Drawing Lubricants Market is mainly attributed to rising industrialization in developed and developing economies over the forecast period. In addition to this, rising demand from end-use industries such as consumer goods, heavy equipment or machinery is anticipated to boost the demand. Further, rising automobile production is also an important factors to boost the wire drawing machines, thereby propel the demand for Wire Drawing Lubricants during the forecast period.
The major players in the wire drawing lubricants market include TRAXIT International, CONDAT, Zeller+Gmelin, Kyoeisha, Adeka, Chemetall, Bechem, Metalube, Aztech Lubricants, Petrofer and Others.
By Product Type
- Dry Wire Drawing Lubricants
- Wet Wire Drawing Lubricants
By Application
- Carbon Steel Wire
- Stainless Steel Wire
- Tire Bead & Cord
- Galvanized Wire
- Aluminum & Alloy Wires
- Copper Wires
- Other
Current and future demand for the Wire Drawing Lubricants market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Source: https://www.valuemarketresearch.com/report/wire-drawing-lubricants-market
Naira Shekhawat has been into Content Writing just after completing her Graduation in English Literature. Her love for words has won her many accolades in her respective jobs ever since. Naira covers business sections for VMR News. She is a traveller by heart and loves writing on food blogs as a freelancer.