Slideway Oil Market Size, Company Share and Capacity Forecasts 2016

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Market Research Reports and Insightful Company Profiles

Slideway Oil Market Size, Share, Trend Analysis, Market
Growth By Technology Application And Segment Forecasts
To 2022

The global slideway oil market is expected to reach USD 94.78 billion by 2022, according to a new report
by Grand View Research, Inc. High machinery demand in automobile, food & beverage and packaging
industry is expected to fuel product market over the next seven years.
Rapid industrialization in emerging economies of BRICS on account of favorable foreign investment
norms, availability of large pool of skilled labor and technological know-how is expected to have a
positive impact on the sector over the forecast period.
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Increasing R&D expenditure for introduction of improved product grades is expected to promote
demand over the next seven years. Stringent regulations restraining product use primarily in food &
beverage manufacturing machinery is likely to hamper industry growth. Technological innovations
pertaining to improving efficiency and anti-slip properties is expected to have a positive impact on the
market over the next seven years.

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Further key findings from the report suggest:
ISO VG 68 was the largest product segment with volume estimated over 3.00 million tons in 2014. The
product is employed in numerous mobile and industrial applications on account of its excellent wear
protection against high speed pumps and increased pressure, rust and corrosion. This is expected to
have a positive impact on product growth over the next seven years.
ISO VG 220 grade revenue was valued over USD 15.00 billion in 2014. Increasing product use in worm
gears and heavy loaded gearings on account of anti-wear and anti-corrosion properties is expected to
fuel its demand over the forecast period.
Asia Pacific is the...