Europe Crankshaft Oil Industry Market Report, Analysis, Opportunities, Forecast, Applications, Competitive Analysis : Ken Research

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• Specialized Lubricants to Boost Crankshaft Oil
  Market in Europe Ken Research

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• According to the study Europe Crankshaft Oil
  Industry Situation and Prospects Research
  report, steel is a preferred material in the
  manufacturing of automotive crankshafts in Europe
  due to its efficient properties such as better
  performance in compression, tension, and shear.
  It was observed that there are major
  technological advancements in the manufacture of
  crankshafts used in automobiles. Traditionally,
  crankshafts are manufactured using cast-iron due
  to its strength and horsepower. Majority of the
  Asian automotive parts manufacturers are using
  CNC technologies to manufacture crankshafts with
  great precision for medium and high-end racing
  engines. They are made lighter and smaller while
  the use of flat plane crankshafts is increasing
  due to its light weight and smaller size compared
  to cross-plane crankshafts.

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• Crankshaft oil is used to reduce the
  metal-to-metal contact inside any engine to
  minimize friction and reduce damage. Almost all
  automotive engines face wear and deform in the
  moving parts. Therefore, lubricant oils are used
  to remove the small particles, dirt, and other
  impurities present in the automobile fuel. There
  is a huge demand for crankshaft oil in European
  countries due to evolution in automobile
  industry. Europe is one of the largest producers
  of automobiles in the passenger and commercial
  vehicles. The increasing sales and demand for
  eco-friendly or green vehicles is expected to
  contribute to the growth of the crankshaft oil
  lubricants market.

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• Industrialization and modernization is driving
  the need for more eco-friendly renewable energy
  resources. Despite the availability of renewable
  energy resources, Europe consumes more renewable
  energy and generates more electric energy for
  various industrial operations. Unlike any
  mechanical system, moving parts in automobiles,
  compressors, fans, blowers, shakers, thrusters,
  valves, crankshafts are the few among other
  equipment in automobiles that need proper
  lubrication to function optimally. The risk
  associated with automobile system failures will
  increase dramatically that is resulting in
  increased demand for specialized lubricants.

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• Various product types in European crankshaft oil
  industry are liquid type and semi-solid type.
  Crankshaft oil is utilized in automotive
  industry, ship building industry, and other
  industries. European crankshaft oil industry is
  spread across Germany, Russia, UK, France, Italy
  and other regions. The leading players in
  Europes crankshaft oil industry are NOK,
  Freudenberg, Parker Hannifin, EATON, Trelleborg
  Sealing Solutions, SKF, Garlock, FNOK (Simrit),
  NIPPON VALQUA INDUSTRIES LTD, SAKAGAMI, Timken,
  Zhongding Group, NAK, Shanxi Fenghang, KOK,
  Qingdao TKS, DUKE Seals and Qingdao Northsea. All
  the leading vendors are increasingly competing
  against each other based on factors such as
  price, features, and product quality.

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• Europe is an automotive manufacturing hub,
  therefore, it will drive the demand for
  crankshaft oil market. The country accounts for a
  major share in terms of consumption, production
  of automobiles and auto refinishes. Stringent
  environmental regulations in Europe are
  anticipated to boost the demand for green
  vehicles coupled with crankshaft oil market over
  the next few years.

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• https//www.kenresearch.com/metal-mining-and-chemi
  cals/chemicals/europe-crankshaft-oil-industry-situ
  ation-and-prospects-research-report/145932-101.htm
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