The Europe Water-soluble Wire Drawing Lubricants market was valued at US$ 168.5 million in 2024 and is projected to reach US$ 235.6 million by 2030, at a CAGR of 5.7%
Advanced water-based lubricants for wire drawing processes featuring enhanced cooling and lubrication properties while meeting environmental regulations. These formulations incorporate biodegradable components and advanced emulsion technology to ensure optimal performance and environmental compliance.
Market shows steady growth driven by environmental regulations. Wire manufacturing leads (48%), followed by cable production (32%). Germany dominates with 35% share. Environmental compliance improved 42% since 2022. R&D investment reached
