Global Automatic Lubrication System Market, 2020 - Research and Markets

DUBLIN, May 16, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Automatic Lubrication System Market 2016-2020" report to their offering.

The global automatic lubrication systems market to grow at a CAGR of 3.02% during the period 2016-2020.

Global Automatic Lubrication System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key

At present, new line of synthetic lubricants is available to enable customers to make better choices as they have better specifications and appropriate labeling. Brands like Eaton have completely revamped their lubricant chain as per PS-386 specifications, replacing the archaic system PS-14rev7. The new lubricant chain has demonstrated 1.5% improvement in fuel economy in automated units. This kind of rebranding enables customers to make the right choice for appropriate application and achieve maximum productivity in conjunction with automatic lubrication systems.

According to the report, Lubricants are considered hazardous for employees that handle them; frequent exposure and for prolonged duration has been linked to conditions such as skin carcinoma and bladder carcinoma. The International Agency for Research on Cancer has classified the frequently used mineral-based lubricants as per their carcinogenic risk into four groups. Out of the four groups, group one contains base oils, such as aromatic oils, hydro-treated oils, acid-treated oils, and retreated solvent-refined oils, which are proven risk factors for skin cancer. The use of centralized lubrication systems in industrial applications eliminates these hazards and safeguards human personnel while ensuring a safe and clean working environment.

Further, the report states that self-lubricant bearings have the potential to replace lubrication and automatic lubrication systems in few applications, and may have a negative influence on the automatic lubrication systems market.

Key vendors

- Cenlub System

- Graco

- SKF

- Timken

Other prominent vendors

- Alemite

- Ambilube

- Andantex

- Beke-lube

- Bijur delimon

- Groeneveld Lubrication Solutions

- Kluber

- Lubecore

- Luberite Industries

- Nordson

- Oil-Rite

- Pricol

For more information visit http://www.researchandmarkets.com/research/vbc4wj/global_automatic

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