The North America aerosol lubricants market was valued at USD 10.22 billion in 2023 and is projected to grow at a CAGR of 3.0% from 2024 to 2030. The increase in construction activities in the region has emerged as a major driver for the growth of aerosol lubricants market in North America. Construction machinery and equipment, including excavators, bulldozers, cranes, and loaders, require efficient lubrication to ensure their smooth operations and longevity. This fuels the consumption of aerosol lubricants in the region.
The market is a significant segment of the overall global lubricants market. Aerosol lubricants are widely used in automotive, aerospace, industrial machinery, power generation units, and transportation applications. They have high boiling point, viscosity index, and oxidation resistance, along with hydraulic and thermal stability. These lubricants help reduce friction in different applications, thereby contributing to their increased global demand.
The surge in demand for aerosol lubricants in emerging applications such as food & beverages and the increasing development of food-grade aerosol lubricants by leading manufacturers drive the growth of the market in North America.
Aerosol cans are pressurized vessels that are designed to store fluidic substances under high pressure. These cans have specialized valves, nozzles, and propellants that allow the controlled dispensing of their content. They are widely used for painting, polishing, and lubricating applications. Aerosol cans are also commonly used in the automotive and construction industries. In addition, food-grade aerosol lubricants display qualities of non-toxicity, water resistance, and corrosion inhibition, thereby leading to their use in the packaging of food products.
The growth of the global aerosol lubricants market is driven by the flourishing automotive industry and ongoing industrial development across the world, along with the presence of automotive manufacturing industries in key countries of Asia Pacific, including China and India. Additionally, aerospace lubricant market has witnessed considerable growth due to increasing air traffic and ongoing mobility advancements in emerging economies.
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The market is a significant segment of the overall global lubricants market. Aerosol lubricants are widely used in automotive, aerospace, industrial machinery, power generation units, and transportation applications. They have high boiling point, viscosity index, and oxidation resistance, along with hydraulic and thermal stability. These lubricants help reduce friction in different applications, thereby contributing to their increased global demand.
The surge in demand for aerosol lubricants in emerging applications such as food & beverages and the increasing development of food-grade aerosol lubricants by leading manufacturers drive the growth of the market in North America.
Aerosol cans are pressurized vessels that are designed to store fluidic substances under high pressure. These cans have specialized valves, nozzles, and propellants that allow the controlled dispensing of their content. They are widely used for painting, polishing, and lubricating applications. Aerosol cans are also commonly used in the automotive and construction industries. In addition, food-grade aerosol lubricants display qualities of non-toxicity, water resistance, and corrosion inhibition, thereby leading to their use in the packaging of food products.
The growth of the global aerosol lubricants market is driven by the flourishing automotive industry and ongoing industrial development across the world, along with the presence of automotive manufacturing industries in key countries of Asia Pacific, including China and India. Additionally, aerospace lubricant market has witnessed considerable growth due to increasing air traffic and ongoing mobility advancements in emerging economies.
North America Aerosol Lubricants Market Report Segmentation
This report forecasts revenue growth at regional and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, the analyst has segmented the North America aerosol lubricants market report based on product, end-use, and country:- Product Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
- Dry/Solid
- Mineral
- Silicone
- Synthetic
- End-use Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
- Aerospace
- Automotive
- Construction
- Food Processing
- General Manufacturing
- Military
- Mining
- Oil & Gas
- Power
- Other End uses
- Country Outlook (Volume, Kilotons; Revenue, USD Million; 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
The leading players in the North America Aerosol Lubricants market include:
- 3M
- AEROCHEM INC.
- Ambro-Sol
- American Honda Motor Co., Inc.
- B’laster Holdings
- CONDAT Corporation
- CRC Industries
- Eureka Chemical Company
- HUSK-ITT Corporation
- Illinois Tool Works Inc.
- JAX Incorporated
- Kano Laboratories, LLC.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Aerosol Lubricants Market Variables, Trends & Scope
Chapter 4. Aerosol Lubricants Market: Product Estimate & Trend Analysis
Chapter 5. Aerosol Lubricants Market: End Use Estimate & Trend Analysis
Chapter 6. Aerosol Lubricants Market: Regional Estimates & Trend Analysis
Chapter 7. Aerosol Lubricants Market - Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
The leading players in the North America Aerosol Lubricants market include:- 3M
- AEROCHEM INC.
- Ambro-Sol
- American Honda Motor Co., Inc.
- B’laster Holdings
- CONDAT Corporation
- CRC Industries
- Eureka Chemical Company
- HUSK-ITT Corporation
- Illinois Tool Works Inc.
- JAX Incorporated
- Kano Laboratories, LLC.
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 70 |
Published | September 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 10.22 Billion |
Forecasted Market Value ( USD | $ 12.53 Billion |
Compound Annual Growth Rate | 3.0% |
Regions Covered | North America |
No. of Companies Mentioned | 13 |