Report overview
Penetrating oil, also known as penetrating fluid, is very low-viscosity oil. It can be used to free rusted mechanical parts (such as nuts and bolts) so that they can be removed, because it can penetrate into the narrow space between the threads of two parts.
The Penetrating Oil market covers Industrial Grade, Food Grade, etc. The typical players include WD-40 Company, Rocol, LPS Laboratories (ITW Pro Brands), Kroil, Liquid Wrench, CRC Industries, W?rth, FedPro Inc, etc.
This report contains market size and forecasts of Penetrating Oil in global, including the following market information:
Global Penetrating Oil Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Penetrating Oil Market Sales, 2018-2023, 2023-2030, (Tons)
Global top five Penetrating Oil companies in 2022 (%)
The global Penetrating Oil market was valued at 150.3 million in 2022 and is projected to reach US$ 234.6 million by 2030, at a CAGR of 6.6% during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
Industrial Grade Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Penetrating Oil include WD-40 Company, Rocol, LPS Laboratories (ITW Pro Brands), Kano Laboratories, Liquid Wrench, CRC Industries, W?rth, FedPro Inc and B'Laster, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Penetrating Oil manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Penetrating Oil Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Penetrating Oil Market Segment Percentages, by Type, 2022 (%)
Industrial Grade
Food Grade
Global Penetrating Oil Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Penetrating Oil Market Segment Percentages, by Application, 2022 (%)
Military
Industrial
Transport
Ship
Agricultural
Daily
Global Penetrating Oil Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Tons)
Global Penetrating Oil Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Penetrating Oil revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Penetrating Oil revenues share in global market, 2022 (%)
Key companies Penetrating Oil sales in global market, 2018-2023 (Estimated), (Tons)
Key companies Penetrating Oil sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
WD-40 Company
Rocol
LPS Laboratories (ITW Pro Brands)
Kano Laboratories
Liquid Wrench
CRC Industries
W?rth
FedPro Inc
B'Laster
Claire Manufacturing
Lubrication Engineers
Electrolube
American Polywater Corporation
Setral Chemie GmbH
Super Lube
Long Lub-Tek
OKS Spezialschmierstoffe
Anti-Seize Technology (AST)
