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Knitting Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2023-2030 - By Product, Technology, Grade, Application, End-user and Region (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

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    Report

  • 220 Pages
  • August 2023
  • Region: Global
  • Fairfield Market Research
  • ID: 5854452
The knitting industry, a key player in textile manufacturing, is witnessing a rise in the adoption of high-performance specialty lubricants to optimize the efficiency and performance of knitting machines. With the increasing demand for fabrics in various end-uses such as apparel, home furnishings, and industrial applications, the need for reliable and durable knitting machines has become paramount.

Importance of Lubrication:

Knitting machines, whether semi or fully automated, undergo high stress, constant load changes, vibrations, and varying operating conditions. To ensure sufficient life and performance of stitch-forming elements, proper lubrication is critical. Knitting oils, developed with ultra-refined base oils and performance additives, offer high lubricity and low friction coefficients between frictional partners like sinkers and needles.

Advantages of Knitting Oils:

These specially formulated oils have numerous advantages, including:
1. Scourability: Non-staining and easily water-washable, preventing carbonaceous deposits and stains, especially essential for cotton/elastane plated fabrics requiring pre-dye heat setting.
2. High-Temperature Stability: Reduced evaporation rates at high temperatures, ensuring longer-lasting performance.
3. Wear Reduction: Minimizes wear and tear on needles and moving parts, leading to enhanced machine reliability.
4. Compatibility: Compatible with plastic parts and rubber seals of lubrication and electronic systems, ensuring seamless integration.
5. Environmental Safety: Environmentally safer than petroleum-based oils, promoting sustainability.

History of Knitting Machines:

During the Industrial Revolution, the transition from manual to mechanized factories saw the rise of knitting machines, producing fabrics on a massive scale. Today, modern circular knitting machines, flat beds, and weaving machines process hundreds of kilograms of knitted material daily, contributing significantly to the textile industry.

Fashion and Technology:

Fashion industry trends, driven by technologies like artificial intelligence, 3D printing, IoT, and mobile commerce, are changing the way people experience fashion. As the global population continues to grow, the demand for textiles is expected to rise, with the global apparel market projected to reach $2.5 trillion by 2030.

Opportunities in Asia Pacific:

With demographic changes and growing consumer markets, Asia Pacific is witnessing increased demand for textile and knitting products. Luxury brands are tapping into the Asian market, and investments in the textile sector are on the rise, presenting opportunities for knitting oil manufacturers in the region.

Leading Knitting Oil Companies:

Notable players in the knitting oil market include Bechemindia, Behran Oil Co., HPCL, Eastern Petroleum Private Limited, Extro Lubricants, GOC Petrochemicals Private Limited (Formerly Gold Oil Corporation), KLÜBER LUBRICATION INDIA Pvt. Ltd., LUBCON, Lubrogamma Srl, LUBSTAR LUBRICANTS PVT. LTD., Millers Oils, Molylub, Nye Lubricants, Inc., Optimo Lubricants, Total Lubrifiants, Vickers Oils, Witmans Industries Private Limited, and Zeller+Gmelin.

HPCL's Contribution: Hindustan Petroleum Corporation Limited (HPCL) offers HP SEWING OIL and TEXOL L OILS, highly refined, high viscosity index, colorless oils that provide excellent lubricating performance, catering to the specific needs of the knitting industry.

With the growing demand for high-quality fabrics and the advancement of knitting machine technology, specialty lubricants play a crucial role in ensuring the smooth operation and increased productivity of the knitting industry.

Table of Contents

1. Executive Summary
1.1. Global Knitting Oil Market Snapshot
1.2. Key Market Trends
1.3. Future Projections
1.4. Analyst Recommendations
2. Market Overview
2.1. Market Definitions and Segmentations
2.2. Market Dynamics
2.2.1. Drivers
2.2.1.1. Driver A
2.2.1.2. Driver B
2.2.1.3. Driver C
2.2.2. Restraints
2.2.2.1. Restraint 1
2.2.2.2. Restraint 2
2.2.3. Market Opportunities Matrix
2.3. Value Chain Analysis
2.4. Porter’s Five Forces Analysis
2.5. Covid-19 Impact Analysis
2.5.1. Pre-Covid and Post-Covid Scenario
2.5.2. Supply Impact
2.5.3. Demand Impact
2.6. Government Regulations
2.7. Technology Landscape
2.8. Economic Analysis
2.9. PESTLE
3. Production Output and Trade Statistics, 2018-2022
3.1. Regional Production Statistics
3.1.1. North America
3.1.2. Europe
3.1.3. Asia Pacific
3.1.4. Latin America
3.1.5. Middle East & Africa
4. Price Trends Analysis and Future Projects, 2018 - 2030
4.1. Key Highlights
4.2. Prominent Factors Affecting Prices
4.3. By Oil Type
4.4. By Region
5. Global Knitting Oil Market Outlook, 2018 - 2030
5.1. Global Knitting Oil Market Outlook, by Oil Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
5.1.1. Key Highlights
5.1.1.1. Mineral
5.1.1.2. Synthetic
5.1.1.3. Biobased
5.2. Global Knitting Oil Market Outlook, by Machine Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
5.2.1. Key Highlights
5.2.1.1. Weft Knitting Machine
5.2.1.2. Warp Knitting Machine
5.3. Global Knitting Oil Market Outlook, by Region, Volume (Tons) and Value (US$ Mn), 2018 - 2030
5.3.1. Key Highlights
5.3.1.1. North America
5.3.1.2. Europe
5.3.1.3. Asia Pacific
5.3.1.4. Latin America
5.3.1.5. Middle East & Africa
5.3.2. BPS/Market Attractiveness Analysis
6. North America Knitting Oil Market Outlook, 2018 - 2030
6.1. North America Knitting Oil Market Outlook, by Oil Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
6.1.1. Key Highlights
6.1.1.1. Mineral
6.1.1.2. Synthetic
6.1.1.3. Biobased
6.2. North America Knitting Oil Market Outlook, by Machine Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
6.2.1. Key Highlights
6.2.1.1. Weft Knitting Machine
6.2.1.2. Warp Knitting Machine
6.3. North America Knitting Oil Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
6.3.1. Key Highlights
6.3.1.1. U.S.
6.3.1.2. Canada
6.3.2. BPS/Market Attractiveness Analysis
7. Europe Knitting Oil Market Outlook, 2018 - 2030
7.1. Europe Knitting Oil Market Outlook, by Oil Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
7.1.1. Key Highlights
7.1.1.1. Mineral
7.1.1.2. Synthetic
7.1.1.3. Biobased
7.2. Europe Knitting Oil Market Outlook, by Machine Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
7.2.1. Key Highlights
7.2.1.1. Weft Knitting Machine
7.2.1.2. Warp Knitting Machine
7.3. Europe Knitting Oil Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
7.3.1. Key Highlights
7.3.1.1. Germany
7.3.1.2. France
7.3.1.3. U.K.
7.3.1.4. Italy
7.3.1.5. Spain
7.3.1.6. Turkey
7.3.1.7. Russia
7.3.1.8. Rest of Europe
7.3.2. BPS/Market Attractiveness Analysis
8. Asia Pacific Knitting Oil Market Outlook, 2018 - 2030
8.1. Asia Pacific Knitting Oil Market Outlook, by Oil Type, Volume (Tons) and Value (US$ Mn), 2018-2030
8.1.1. Key Highlights
8.1.1.1. Mineral
8.1.1.2. Synthetic
8.1.1.3. Biobased
8.2. Asia Pacific Knitting Oil Market Outlook, by Machine Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
8.2.1. Key Highlights
8.2.1.1. Weft Knitting Machine
8.2.1.2. Warp Knitting Machine
8.3. Asia Pacific Knitting Oil Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
8.3.1. Key Highlights
8.3.1.1. China
8.3.1.2. India
8.3.1.3. Bagladesh
8.3.1.4. Southeast Asia
8.3.1.5. Rest of Asia Pacific
8.3.2. BPS/Market Attractiveness Analysis
9. Latin America Knitting Oil Market Outlook, 2018 - 2030
9.1. Latin America Knitting Oil Market Outlook, by Oil Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
9.1.1. Key Highlights
9.1.1.1. Mineral
9.1.1.2. Synthetic
9.1.1.3. Biobased
9.2. Latin America Knitting Oil Market Outlook, by Machine Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
9.2.1. Key Highlights
9.2.1.1. Weft Knitting Machine
9.2.1.2. Warp Knitting Machine
9.3. Latin America Knitting Oil Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
9.3.1. Key Highlights
9.3.1.1. Brazil
9.3.1.2. Mexico
9.3.1.3. Rest of Latin America
9.3.2. BPS/Market Attractiveness Analysis
10. Middle East & Africa Knitting Oil Market Outlook, 2018 - 2030
10.1. Middle East & Africa Knitting Oil Market Outlook, by Oil Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
10.1.1. Key Highlights
10.1.1.1. Mineral
10.1.1.2. Synthetic
10.1.1.3. Biobased
10.2. Middle East & Africa Knitting Oil Market Outlook, by Machine Type, Volume (Tons) and Value (US$ Mn), 2018 - 2030
10.2.1. Key Highlights
10.2.1.1. Weft Knitting Machine
10.2.1.2. Warp Knitting Machine
10.3. Middle East & Africa Knitting Oil Market Outlook, by Country, Volume (Tons) and Value (US$ Mn), 2018 - 2030
10.3.1. Key Highlights
10.3.1.1. GCC
10.3.1.2. South Africa
10.3.1.3. Rest of Middle East & Africa
10.3.2. BPS/Market Attractiveness Analysis
11. Competitive Landscape
11.1. Company Market Share Analysis, 2021
11.2. Competitive Dashboard
11.3. Company Profiles
11.3.1. Gandhar Oil
11.3.1.1. Company Overview
11.3.1.2. Product Portfolio
11.3.1.3. Financial Overview
11.3.1.4. Business Strategies and Development
11.3.2. Indian Oil Corporation Ltd.
11.3.3. Carl Bechem Lubricants India Private Limited
11.3.4. Vicker Oils
11.3.5. Molylub
11.3.6. Zeller+Gmelin
11.3.7. Nye Lubricants
11.3.8. Koçak Petroleum Company
11.3.9. Dutch Lube Company Ltd.
11.3.10. GOC Petrochemicals Private Limited
11.3.11. Matsumoto Yushi Seiyaku
12. Appendix
12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Gandhar Oil
  • Indian Oil Corporation Ltd.
  • Carl Bechem Lubricants India Private Limited
  • Vicker Oils
  • Molylub
  • Zeller+Gmelin
  • Nye Lubricants
  • Koçak Petroleum Company
  • Dutch Lube Company Ltd.
  • GOC Petrochemicals Private Limited
  • Matsumoto Yushi Seiyaku

Methodology

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