Global Penetrating Oil Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Penetrating oil, also known as penetrating fluid, is very low-viscosity oil. It can be used to free rusted mechanical parts (such as nuts and bolts) so that they can be removed, because it can penetrate into the narrow space between the threads of two parts.
The Penetrating Oil market covers Industrial Grade, Food Grade, etc. The typical players include WD-40 Company, Rocol, LPS Laboratories (ITW Pro Brands), Kroil, Liquid Wrench, CRC Industries, Würth, FedPro Inc, etc.
According to our (Global Info Research) latest study, the global Penetrating Oil market size was valued at US$ 173 million in 2023 and is forecast to a readjusted size of USD 270 million by 2030 with a CAGR of 6.7% during review period.
Global key penetrating oil players cover WD-40 Company, Rocol, LPS Laboratories (ITW Pro Brands),and Kroil, etc. In terms of revenue, the global five largest companies occupied for a share nearly 50%. The largest producer is WD-40 Company, accounting for over 15% market share. Europe is the largest consumption area of penetrating oil in the world, accounting for over 35% market share. In the terms of product, industrial grade is the largest segment of penetrating oil in the world, which accounts for over 85% market share. And in the terms of application, industrial is the largest segment of application in the world, which occupied for over 30% market share.
This report is a detailed and comprehensive analysis for global Penetrating Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Penetrating Oil market size and forecasts, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2019-2030
Global Penetrating Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2019-2030
Global Penetrating Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Tons), and average selling prices (US$/Kg), 2019-2030
Global Penetrating Oil market shares of main players, shipments in revenue ($ Million), sales quantity (Tons), and ASP (US$/Kg), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Penetrating Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Penetrating Oil market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include WD-40 Company, Rocol, LPS Laboratories (ITW Pro Brands), Kano Laboratories, Liquid Wrench, CRC Industries, Würth, FedPro Inc, B'Laster, Claire Manufacturing, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Penetrating Oil market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Industrial Grade
Food Grade
Market segment by Application
Military
Industrial
Transport
Agricultural
Daily
Major players covered
WD-40 Company
Rocol
LPS Laboratories (ITW Pro Brands)
Kano Laboratories
Liquid Wrench
CRC Industries
Würth
FedPro Inc
B'Laster
Claire Manufacturing
Lubrication Engineers
Electrolube
American Polywater Corporation
Setral Chemie GmbH
Super Lube
Long Lub-Tek
OKS Spezialschmierstoffe
Anti-Seize Technology (AST)
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Penetrating Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Penetrating Oil, with price, sales quantity, revenue, and global market share of Penetrating Oil from 2019 to 2024.
Chapter 3, the Penetrating Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Penetrating Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Penetrating Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Penetrating Oil.
Chapter 14 and 15, to describe Penetrating Oil sales channel, distributors, customers, research findings and conclusion.