Friction is a common problem that machines face. It not only reduces the working efficiency of a machine or a moving part, but also causes wear and tear of rubbing surfaces. Hence, it is essential to reduce or eliminate friction between moving parts or rubbing surfaces in order to improve their efficiency and working life. This is achieved with the help of lubricants, which have now become a vital part of every machinery and an essential component of every industry. Lubricant can be defined as a substance, which reduces or eliminates friction and prevents wear and tear at the interface of two surfaces. It reduces friction by lowering the shear strength at the junction of surfaces. Lubricants can either be solid, semi-solid, liquid, and gaseous. Solid lubricants are substances that can be used or applied as thin film or powder in order to reduce friction and provide protection from wear during the relative movement between two surfaces. Graphite is a well-known solid lubricant used in a variety of applications.
Request to view sample of this report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=42782
Graphite is a type of lamellar solid, which provides high wear resistance and low friction to sliding surfaces. Graphite is employed in several industrial applications primarily due to its property of good lubricity coupled with abundant availability and low cost. Akin to diamond, graphite is a polymorph of carbon. Chemically, diamond and graphite are similar, but are different in terms of structure and properties. Graphite can withstand temperature up to 500°C without losing its lubricity in open air. It is acid and base resistant.
In terms of application type, the graphite lubricant market can be segmented into solution, pure powder, and composites. Graphite can be easily dispersed either in water or solvents or oils or greases in order to enhance its lubricity for better performance in applications with extreme conditions.
Based on end-user, the graphite lubricant market can be segregated into transportation, electrical and electronics, industrial, and others. The transportation segment is anticipated to lead the global graphite lubricant market. It is estimated to maintain its domination during the forecast period. The industrial segment is expected to follow the lead of the transportation segment during the forecast period. However, the electrical and electronics segment is expected to slowly gain momentum in terms of market share during the forecast period, primarily due to the electrical conductance property of graphite.
Based on region, the global graphite lubricant market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is projected to dominate the global graphite lubricant market during the forecast period. This can be ascribed to the presence of developing countries such as China and India that have large production and consumption markets for graphite lubricants. North America is likely to follow Asia Pacific in terms of market share in the global graphite lubricant market, primarily due to the large industrial and automotive applications in the region. Moreover, Europe is predicted to be at third position in global graphite lubricant market during the forecast period.
Key players operating in the global graphite lubricant market include Henkel AG & Co. KGaA., The Dow Chemical Company, Superior Graphite, Imerys Graphite & Carbon, and MOSIL Lubricants Pvt. Ltd.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Transparency Market Research
90 State Street,
Albany NY – 12207
USA – Canada Toll Free: 866-552-3453