Monday, May 9th, 2016 adds Global Automatic Lubrication System Market 2016-2020 latest research report, the analysts forecast global automatic lubrication systems market to grow at a CAGR of 3.02% during the period 2016-2020.

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According to the automatic lubrication system market 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.

The global automatic lubrication system market 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.

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Automatic lubrication systems are also known as centralized lubrication systems that deliver exact quantity of lubricants either oil or grease to moving parts, such as bearings, to minimize wear and tear and friction. These systems are vital in maintaining functioning capacity, productivity, efficiency, and compliance with environmental standards of industrial machinery, heavy equipment, and vehicles. They are used on stationary as well as mobile industrial equipment and production lines to name a few.

Global Automatic Lubrication System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. This report covers the present scenario and the growth prospects of the global automatic lubrication systems market for 2016-2020.

The Automatic Lubrication System market is divided into the following segments based on geography: Americas, APAC and EMEA

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Key players in the global automatic lubrication system market: Cenlub System, Graco, SKF, and Timken.

Other prominent vendors in the market are: Alemite, Ambilube, Andantex, Beke-lube, Bijur delimon, Groeneveld Lubrication Solutions, Kluber, Lubecore, Luberite Industries, Nordson, Oil-Rite, and Pricol.

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.

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Automatic Lubrication System Market to Grow at 3.02% CAGR Driven by Increased Safety Concerns to 2020




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