Food Grade Lubricants Quantitative Market Analysis, Current and Future Trends 2024
Global Food Grade Lubricants Market is rising primarily due to the growth in the global food processing industry and introduction of highly stringent food safety laws. China and India are likely to be rapidly growing markets for food grade lubricants over the next decade.
Global Food Grade Lubricants Market is rising primarily due to the growth in the global food processing industry and introduction of highly stringent food safety laws. China and India are likely to be rapidly growing markets for food grade lubricants over the next decade.
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<strong>Food</strong> <strong>Grade</strong> <strong>Lubricants</strong> <strong>Market</strong> - Global<br />
Industry <strong>Analysis</strong>, Size, Share, Growth,<br />
<strong>Trends</strong> <strong>and</strong> Forecast 2016 - <strong>2024</strong><br />
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REPORT DESCRIPTION<br />
<strong>Food</strong> grade lubricants must perform the same technical functions as conventional lubricants. Additionally, they<br />
should resist degradation of food products <strong>and</strong> exhibit neutral chemical behavior toward food processing equipment<br />
<strong>and</strong> food packaging materials while complying with food/health safety regulations. <strong>Food</strong> grade lubricants can be<br />
derived from petroleum or produced synthetically. Based on base oil, food grade lubricants can be classified into<br />
mineral oil based, synthetic oil based, <strong>and</strong> biobased. <strong>Food</strong> grade lubricants play an important role in the food<br />
industry due to the beneficial properties of aluminum complex thickened grease such as high temperature<br />
resistance, water resistance, <strong>and</strong> chemical inertness toward food processing equipment. <strong>Food</strong> grade lubricants<br />
primarily used in food & beverage, pharmaceutical, <strong>and</strong> cosmetics industries.<br />
Browse <strong>Market</strong> Research Report : http://www.transparencymarketresearch.com/food-grade-lubricantsmarket.html<br />
The three primary types of food grade lubricants are H1 lubricants, H2 lubricants, <strong>and</strong> H3 soluble oils. H1 lubricants<br />
are approved for incidental contact with food in food processing environments. These lubricants are used as<br />
anticorrosion protective films for sealing tank closures <strong>and</strong> as lubricants for equipment parts in situations where the<br />
machine part is potentially exposed to food. H2 lubricants are employed in locations that do not carry the possibility<br />
of the lubricant or the lubricating part coming into contact with food. H3 soluble oils are applied on hooks, conveying<br />
belts, <strong>and</strong> similar equipment for prevention of corrosion. Special grades include HT1, which are lubricants that are<br />
used as heat transfer fluids in locations with food contact possibilities. Significant performance improvements have<br />
been carried out in the recently introduced food grade lubricants. These include superior wear protection, <strong>and</strong>
increased thermal <strong>and</strong> oxidative stability. These food grade lubricants are also accredited with halal <strong>and</strong> kosher<br />
certifications.<br />
NSF International, a public health <strong>and</strong> safety company, is a global leader in the development of st<strong>and</strong>ards,<br />
certification of products, <strong>and</strong> assessment of risks of food grade lubricants. It offers services to manufacturers in<br />
more than 80 countries in developing national st<strong>and</strong>ards <strong>and</strong> providing third party conformity assessment. NSF<br />
registration is becoming an industrial st<strong>and</strong>ard for food grade lubricant manufacturers in many countries. Most<br />
countries are not obligated legally to adopt NSF st<strong>and</strong>ards; however, manufacturers conform to these to reduce the<br />
risk exposure. Global dem<strong>and</strong> for food grade lubricants is rising primarily due to the growth in the global food<br />
processing industry <strong>and</strong> introduction of highly stringent food safety laws. The U.S. has a high number of regulations<br />
for food safety <strong>and</strong> also accounts for large share of the global food grade lubricants market. However, majority of<br />
food <strong>and</strong> beverage companies in the U.S. do not use H1 grade food lubricants or use along with H2 grades in their<br />
plants. Increase in awareness about H1 grades through programs conducted by NSF are reversing this trend. Europe<br />
is also set to witness growth in the use of food grade lubricants due to the recent enactment of governmental<br />
regulations. Economic growth in China <strong>and</strong> India coupled with lifestyle changes has boosted the dem<strong>and</strong> for<br />
processed food products this countries. Awareness about food safety is increasing in China <strong>and</strong> India due to a series<br />
of food contamination sc<strong>and</strong>als. Government regulations regarding food safety are expected to be introduced in<br />
these countries in the near future. Thus, China <strong>and</strong> India are likely to be rapidly growing markets for food grade<br />
lubricants over the next decade. Among the grade types, the H1 food grade is expected to acquire significant<br />
market share in the near future.<br />
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Key players operating in the food lubricants market are ExxonMobil Corp, Petro-Canada, MDS Europe Ltd, Elba<br />
Lubrication Inc, The Dow Chemical Company, The Lubrizol Corporation, Matrix Specialty <strong>Lubricants</strong>, Bel-Ray<br />
Company Llc, SKF Group, <strong>and</strong> BP p.l.c.<br />
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