Knitting Oils Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 5.4% from 2024 to 2030.
The knitting oils market has seen significant growth, driven by its diverse applications across various sectors of the textile industry. Knitting oils are essential for improving the efficiency and quality of knitting processes, as they help reduce friction and wear on the machine parts, enhance the smoothness of the fabric, and improve the overall durability of the knitted fabric. These oils are predominantly used in two types of machines: flat knitting machines and circular knitting machines. The market is categorized by application, with each machine type offering unique benefits and operational characteristics, thus creating distinct demand dynamics in the knitting oils market. The key applications include enhancing the performance of these machines and ensuring the long-term operational life of the components involved. The growing demand for high-quality, durable, and precision-knitted fabrics is propelling the growth of the knitting oils market by application, further fostering advancements in lubrication and oil formulations that cater to specific machine needs and end-product qualities.
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Flat knitting machines are primarily used to produce flat, knitted fabrics, making them an essential part of the textile industry for producing high-quality garments, home textiles, and technical textiles. The application of knitting oils in flat knitting machines is crucial in reducing friction between the moving parts, such as the needles and the sinkers, which helps in enhancing the speed and efficiency of the knitting process. By using specialized oils, the machine parts experience less wear and tear, which translates into reduced maintenance costs and increased machine uptime. The application of knitting oils also contributes to the consistency and smoothness of the knitted fabric, ensuring high-quality output in terms of texture and finish. These factors, coupled with increasing automation and the need for precision in garment production, are driving the demand for specialized flat knitting machine oils.
Circular knitting machines, used for producing seamless tubular fabrics, are indispensable in industries like fashion, sportswear, and industrial textiles. The application of knitting oils in these machines helps in minimizing the friction between the needles, cams, and other moving components, ensuring smoother operation at higher speeds. This contributes to increased productivity and reduces the risk of defects in the knitted fabric, such as snags and unevenness. Additionally, circular knitting machines often operate under high tension and at elevated speeds, which can lead to significant wear and tear on the machine parts. Using knitting oils designed for these machines helps to extend their operational life and improve overall efficiency. With rising demand for seamless garments and technical textiles, the market for knitting oils tailored to circular knitting machines is expanding rapidly.
Several key trends are shaping the knitting oils market. One of the primary trends is the increasing shift towards eco-friendly and sustainable knitting oils. Manufacturers are now focusing on developing oils that are biodegradable and have a minimal environmental impact while still providing the necessary lubrication and protection for knitting machines. Another trend is the growing use of synthetic oils over traditional mineral oils. Synthetic knitting oils offer superior performance, enhanced viscosity stability, and reduced evaporation, which significantly improves machine efficiency and fabric quality. Furthermore, there is an increasing adoption of smart technologies and sensors in knitting machines, which allows for the monitoring of oil levels and machine performance, ensuring optimal lubrication and maintenance. These trends reflect the growing demand for high-performance, environmentally conscious, and technologically advanced solutions in the textile industry.
The knitting oils market presents several opportunities for growth, particularly in emerging markets where the textile industry is rapidly expanding. The increasing demand for high-quality and specialized fabrics in regions such as Asia-Pacific and Latin America is expected to drive the demand for advanced knitting oils. Additionally, as the textile industry increasingly focuses on automation, the need for high-performance knitting oils that enhance machine efficiency and durability will continue to rise. The growth of the e-commerce sector and the shift toward fast fashion also present opportunities, as there is a growing demand for products that ensure rapid production cycles without compromising on quality. Furthermore, innovations in oil formulations that provide better lubrication at higher temperatures and under more demanding conditions present opportunities for manufacturers to cater to niche markets within the textile sector.
1. What are knitting oils used for in the textile industry?
Knitting oils are used to reduce friction and wear in knitting machines, improving efficiency and fabric quality.
2. How do knitting oils enhance machine performance?
By providing smooth lubrication, knitting oils reduce friction, extending machine life and improving fabric finish.
3. Are there any environmentally friendly knitting oils?
Yes, many manufacturers are now producing biodegradable and eco-friendly knitting oils to minimize environmental impact.
4. Can synthetic knitting oils outperform traditional oils?
Yes, synthetic knitting oils offer better viscosity stability, enhanced performance, and reduced evaporation compared to traditional oils.
5. Why is there a growing demand for flat knitting machine oils?
The demand is driven by the need for high-quality fabrics, as flat knitting machines produce precision-knitted textiles for various applications.
6. What benefits do circular knitting machines gain from using specialized oils?
Specialized oils reduce wear and tear on machine parts, improving operational efficiency and fabric quality in circular knitting machines.
7. Are there any challenges in the knitting oils market?
The main challenges include the high cost of specialized oils and the need for continuous innovation to meet changing machine requirements.
8. How do knitting oils contribute to sustainability in the textile industry?
Eco-friendly knitting oils reduce the environmental impact of production and help meet sustainability goals within the textile industry.
9. What is the future outlook for the knitting oils market?
The knitting oils market is expected to grow with innovations in product formulations and increased demand from emerging markets and automation trends.
10. How do smart technologies impact the knitting oils market?
Smart technologies allow for real-time monitoring of oil levels and machine performance, ensuring optimal lubrication and minimizing machine downtime.
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Vickers Oils
BECHEM
Total Lubrifiants
Nye Lubricants
Molylub
Promar
SAHA Istanbul
Klueber
Takemoto
Dr.Petry
FUCHS
Dutch Lube Company
Matsumoto Yushi Seiyaku
Kocak Petroleum
Zschimmer & Schwarz
Hindustan Petroleum
IOCl
Behran Oil
Lube Chem Industries
Synthlube Industries
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Knitting Oils Market
Flat Knitting Machine
Circular Knitting Machine
Based on Types the Market is categorized into Below types that held the largest Knitting Oils market share In 2023.
Synthesis
Semisynthetic
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global Knitting Oils Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Knitting Oils Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Knitting Oils Market, By Type
6. Global Knitting Oils Market, By Application
7. Global Knitting Oils Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Knitting Oils Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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