Report Code: A07334 | Pages: NA | Mar 2023 | 1096 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
|
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Wind Turbine Gear Oil Market
Request Now !Wind Turbine Gear Oil Market Analysis 2020-2027:
Wind turbine gear oil is a special category of superior quality lubricant used to ensure the performance of the movable parts of a wind turbine such as the gear box and other bearings by reducing friction and protecting the metal surfaces from corrosion. These lubricants exhibit a high viscosity index, which implies that the viscosity does not change with temperature. Several additives such as anti-scuffing and anti-foaming are used in the production of wind turbine gear oils for better performance in extreme conditions. Synthetic gear oils are found to be superior as compared mineral-based oils for qualities such as low pour point. The pour point is the lowest temperature at which the oil flows normally, and thus a lower pour point of the lubricant enables the turbine to work in extreme cold conditions.
Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast unit | Value (USD) |
Segments covered | Components, Type, Application, and Region |
COVID-19 scenario analysis
The outbreak of the novel coronavirus pandemic across the globe has severely affected the global wind turbine gear oil market.
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Increase in usage of wind turbines for power generation and surge in need for optimizing their performance and durability have driven the growth of the global wind turbine gear oil market. The gear oil used in wind turbines helps in reducing the friction between the movable parts, enhances the efficiency, dissipates the heat, and protects the metal surfaces from corrosion. With the wind farms increasing their capacity and surge in number of wind energy projects across the world, the wind turbine gear oil in the global market is anticipated to witness significant growth opportunities during the forecast period.
Furthermore, the manufacturers of wind turbine gear oil are investing more on the research and development for producing gear oils with better specifications to ensure superior performance and extended life. Presently, the manufacturers are shifting their preference form mineral oil to synthetic gear oils such as poly-alpha olefin-based and poly-alkylene glycol-based gear oils.
 Presently, North America is leading the wind turbine gear oil market, in terms of manufacturing and consumption, followed by Europe. Asia-Pacific is anticipated to witness a steady growth rate, owing to rise in focus on renewable energy sources in emerging economies.
Key benefits of the report
Questions answered in the global wind turbine gear oil market research report:
Wind Turbine Gear Oil Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 Report Highlights
Aspects | Details |
---|---|
By Components |
|
By Type |
|
By Application |
|
By Region |
|
Key Market Players | AMSOIL Inc., Royal Dutch Shell Plc., Exxon Mobil Corporation, Freudenberg Group, Castrol Ltd., TOTAL S.A., HollyFrontier Corporation |
Loading Table Of Content...
Start reading.
This Report and over 19,604+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time of readers