• About us
  • Contact Us
  • Submit a Press Release
Thursday, February 2, 2023
Share on facebook
Share on twitter
Share on linkedin
Share on pinterest
TheEast-Africana
No Result
View All Result
Submit PR
  • Ethiopia

    AIM WINNERS & LOSERS: RA International wins contract; Rosslyn plummets | Finance News

    PREMIUM NICKEL RESOURCES LTD. ANNOUNCES ASSAY RESULTS AT ITS 100% OWNED SELEBI MINE IN BOTSWANA INCLUDING: 16.75 metres of 1.72% NiEq (1.00% Ni, 2.05% Cu, 0.04% Co) – Form 6-K

    Weill Cornell Medicine Receives NIH Grant to Improve HIV-Related Cancer Care Abroad | Newsroom

    Heatwave a threat to SADC agriculture prospects – CAJ News Africa

  • Kenya

    One woman’s forgotten story reveals a dirty truth about Africa’s written histories | Global development

    Eswatini’s measures to combat money laundering and terrorist financing

    Incoming Chargé d’Affaires Earl Miller

    Russia’s FM Lavrov meets Eritrean president on Africa tour | Russia-Ukraine war News

  • Rwanda

    Lesotho: Minister Donates School Uniform

    Lesotho NOC hosts leading Zambian officials in exchange programme – Insidethegames.biz

    Wildlife a Critical Element in Tourism Development – Lesotho Tourism Development Corporation (LTDC)

    Hell in the shadows: Congo and the ultimate endless war of all time

  • Uganda

    How Russia-Ukraine war is hindering Uganda’s economy

    Delayed salary review board sparks anger – 93.3 KFM

    ‘Uganda has no strategy on food security’

    Uganda ditches China on SGR – Kampala – Independent

  • MORE COUNTRIES
    • Burundi
    • Comoros
    • Djibouti
    • Eritrea
    • Ethiopia
    • Kenya
    • Madagascar
    • Malawi
    • Mauritius
    • Mozambique
    • Rwanda
    • Seychelles
    • Somalia
    • South Sudan
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • AFRICA
    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

    Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

    Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

    Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

    The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

    Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

  • Press releases
    Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

    Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

    CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

    CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

    UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

    UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

    Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

    Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

    Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

    Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

    Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

    Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

    Trending Tags

    • Ethiopia

      AIM WINNERS & LOSERS: RA International wins contract; Rosslyn plummets | Finance News

      PREMIUM NICKEL RESOURCES LTD. ANNOUNCES ASSAY RESULTS AT ITS 100% OWNED SELEBI MINE IN BOTSWANA INCLUDING: 16.75 metres of 1.72% NiEq (1.00% Ni, 2.05% Cu, 0.04% Co) – Form 6-K

      Weill Cornell Medicine Receives NIH Grant to Improve HIV-Related Cancer Care Abroad | Newsroom

      Heatwave a threat to SADC agriculture prospects – CAJ News Africa

    • Kenya

      One woman’s forgotten story reveals a dirty truth about Africa’s written histories | Global development

      Eswatini’s measures to combat money laundering and terrorist financing

      Incoming Chargé d’Affaires Earl Miller

      Russia’s FM Lavrov meets Eritrean president on Africa tour | Russia-Ukraine war News

    • Rwanda

      Lesotho: Minister Donates School Uniform

      Lesotho NOC hosts leading Zambian officials in exchange programme – Insidethegames.biz

      Wildlife a Critical Element in Tourism Development – Lesotho Tourism Development Corporation (LTDC)

      Hell in the shadows: Congo and the ultimate endless war of all time

    • Uganda

      How Russia-Ukraine war is hindering Uganda’s economy

      Delayed salary review board sparks anger – 93.3 KFM

      ‘Uganda has no strategy on food security’

      Uganda ditches China on SGR – Kampala – Independent

    • MORE COUNTRIES
      • Burundi
      • Comoros
      • Djibouti
      • Eritrea
      • Ethiopia
      • Kenya
      • Madagascar
      • Malawi
      • Mauritius
      • Mozambique
      • Rwanda
      • Seychelles
      • Somalia
      • South Sudan
      • Tanzania
      • Uganda
      • Zambia
      • Zimbabwe
    • AFRICA
      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

      Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

      Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

      The Water Project Deepens its Commitment to Clean Water to Vihiga County, Kenya

      Mradi wa Maji waiimarisha ahadi yake ya kusafisha maji katika Kaunti ya Vihiga, Kenya

    • Press releases
      Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

      Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

      CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

      CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

      UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

      UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

      Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

      Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

      Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

      Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

      Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

      Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

      Trending Tags

      Submit PR
      No Result
      View All Result
      TheEast-africana
      Submit PR
      Home Press Releases

      Transmission and Hydraulic Fluids Market Size to Grow at a CAGR of 4.7% During the Forecast Period 2021-2026

      admin by admin
      February 7, 2022
      in Press Releases
      Phototherapy Equipment Market Size Forecast to Reach $1.2 Billion by 2026
      Share on FacebookShare on Twitter


      (EMAILWIRE.COM, February 07, 2022 ) Transmission and Hydraulic Fluids Market size is expected to be valued at US$10.6 billion by the end of the year 2026 and the transmission & hydraulic fluids industry is set to grow at a CAGR of 4.7% during the forecast period from 2021-2026. Transmission & hydraulic fluids are used for transmitting power in hydraulic equipment and in other power transmission applications. Various types of transmission fluids such as polyalkylene glycols and glycol ether is used in many applications such as brake fluids, metal-on metal applications for thermal stability and power transmission. Automatic transmission fluid and manual transmission fluid are the main categories of transmission fluid which is used in automotive engines and machineries used in construction sector. Other chemical substance such as organophosphate, isoflurophate and others are used as performance additives to engine oils. This is hugely driving the transmission & hydraulic fluids market.

      COVID-19 impact

      During the Covid-19 pandemic, the transmission & hydraulic fluids market was heavily affected in terms of production, supply and distribution. The economic shutdown and the various legal restrictions following the global pandemic led to an abrupt halt of the functioning of the transmission & hydraulic fluids market. The restrictions imposed on the export and import of goods across the world affected the transmission & hydraulic market, since inter-state and inter-country travels and trades was banned during the pandemic. The transmission & hydraulic market however started to improve by the year end of 2020 and is estimated to improve in the coming months of the year 2021.

      Request for Sample Report @ https://www.industryarc.com/pdfdownload.php?id=502851

      Report Price: $4500 (Single User License)

      Transmission & Hydraulic Fluids Market Segment Analysis – By Type

      Automatic transmission fluids segment held the largest share of 36% in the transmission & hydraulic fluids market in the year 2020. Automatic transmission fluids has a various combination of anti-wear additives, viscosity index improvers, petroleum dye, corrosion inhibitors, anti-foam additives and more. Automatic transmission fluids provide better performance and longer life cycle of the vehicle and machineries. Automatic transmission fluids acts as a lubricant in the transmission of vehicles from overheating and helps in powering the transmission. It improves the fuel economy of vehicles and helps from engine lock-ups. This is highly driving the automatic transmission fluids segment in the transmission & hydraulic fluids market.

      Transmission & Hydraulic Fluids Market Segment Analysis – By Application

      Automotive segment held the largest share of 38% in the transmission & hydraulic fluids market in the year 2020. According to International Organization of Motor Vehicle Manufacturers, the global sales of all vehicles stood at 77.97 million units (passenger cars of 53.59 million units and commercial vehicles of 24.37 million units in the year 2020. Transmission & hydraulic fluids such as polyalkylene glycols and glycol ether are used in various parts of the automotive and applications such as brake fluids, metal-on metal applications for thermal stability and power transmission. The increase in the production of vehicles and the expansion of the automobile industry is driving the transmission & hydraulic fluids market.

      Transmission & Hydraulic Fluids Market Segment Analysis – By Geography

      Asia-Pacific region held the largest share of 43% in the transmission & hydraulic fluids market in the year 2020. The rapid growth in the population in countries like India and China coupled with the increase in the demand for heavy machinery in the construction industry and the increase in production of automobiles in the region is driving the transmission & hydraulic fluids market in Asia-Pacific region. The increase in demand from the wind energy sector in countries like India, China and Japan is also contributing to the demand for transmission & hydraulic fluids in the Asia-Pacific region. According to World Wind Energy Association China built around 52 gigawatts within one year in the year 2020 which corresponds to a market share of 56% and the total capacity of wind in India amounted to 38.625 gigawatts in the year 2020. This is driving the transmission & hydraulic fluids market in Asia-Pacific region.

      Transmission & Hydraulic Fluids Market Drivers

      Increasing demand from heavy machinery and equipment in the construction industry

      The increase in the demand for modern and high-end infrastructure has led to the demand for heavy machinery and equipment in the construction industry. This is highly driving the demand for transmission & hydraulic fluids market. Conveyor Equipment Manufacturers Association (CEMA) reported that the orders for heavy machinery and equipment increased in February 2021 by 35.21% as compared to February 2020 and increased by 18.07% as compared to January 2021. The sales for the month February 2021 increased by 22.78% as compared to the last month. This is leading to the growth of heavy machinery industry which in turn is driving the need and demand for transmission & hydraulic fluids market.

      High demand from the wind energy sector

      Transmission & hydraulic fluids are extensively used in the wind turbines and blades of the wind mill. According to World Wind Energy Association, the worldwide wind capacity reached 744 giga-watts, an unprecedented installation of 93 giga-watts of new wind turbines in the year 2020. According to World Wind Energy Association, the global market for new turbines increased around 50% more than the previous year 2019. The increase in the number of wind turbines produced and the expansion of the wind energy sector is highly driving the transmission & hydraulic fluids as it is highly used for lubrication and greasing purposes in the wind turbines and for other mechanisms in the wind mill.

      Inquiry Before Buying @ https://www.industryarc.com/reports/request-quote?id=502851

      Transmission & Hydraulic Fluids Market Challenges

      Impact of Electrical Vehicles

      The growing trend of adapting electrical vehicles owing to the many advantages associated with electrical vehicles over conventional vehicles is majorly driving the electrical vehicles industry. This is one of the biggest challenge to the transmission & hydraulic fluids market as transmission fluids and hydraulic fluids is not used in electrical vehicles. According to International Energy Agency, the global electric car stock stood at 7.17 million units in the year 2019, which is an increase of 40.31% as compared to the 5.11 million units of stock in the year 2018. This is acting as one of the major challenge to the transmission & hydraulic fluids market.

      Transmission & Hydraulic Fluids Market Industry Outlook

      Collaborations, partnerships, investments, facility expansion, production expansion, acquisitions and mergers are some of the key strategies adopted by players in the Transmission & Hydraulic Fluids Market. Major players in the Transmission & Hydraulic Fluids Market are:

      BASF SE

      Gulf Oil

      AMSOIL Inc.

      Royal Dutch Shell

      PJSC Lukoil

      China Petroleum & Chemical Corporation (SINOPEC)

      Afton Chemical Corporation

      Valvoline Inc.

      Millers Oil Ltd.

      Bel-Ray Company Inc. among others.

      Acquisitions/Technology Launches

      On 21 October 2020, Royal Dutch Shell introduced new e-fluids for light-, medium- and heavy-duty electrified commercial vehicles to its existing range of passenger car e-fluids. The new fluids are for battery and fuel-cell EVs and include transmission fluids, greases and battery coolants.

      Asia-Pacific market held the largest share in the transmission & hydraulic fluids market owing to the increase in demand for heavy machinery and equipment in the construction sector.

      The increase in demand for heavy weight construction machinery and hydraulic equipment in the construction sector is driving the transmission & hydraulic fluids market.

      Rising demand for technologically advanced vehicles with improved drive-trains that can deliver ease of driving and better fuel efficiency is contributing to the growth of transmission & hydraulic fluids market.

      During the Covid-19 pandemic, the transmission & hydraulic fluids market witnessed a downfall owing to the economic restrictions.

      Related Reports:

      A. Functional Fluid Market

      https://www.industryarc.com/Report/15539/functional-fluid-market.html

      B. Oilfield Drilling Fluid Additives Market

      https://www.industryarc.com/Report/6356/Oilfield-Drilling-Fluid-Additives-Market-Research-Report.html

      For more Chemicals and Materials Market related reports, please click here

      About IndustryARC: IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications market research. Our Custom Research Services are designed to provide insights on the constant flux in the global supply-demand gap of markets. Our strong team of analysts enables us to meet the client research needs at a rapid speed, with a variety of options for your business. Any other custom requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to discuss more about our consulting services.



      Source link

      Previous Post

      Breakthrough in a Functional Nutrition Bar

      Next Post

      Workforce Management Market Projected to reach $9.3 billion by 2025

      Related Posts

      Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.
      Press Releases

      Recreation Club Market is expected to grow at a CAGR of 6.8 percent during the forecast period.

      January 28, 2023
      CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.
      Press Releases

      CO2 Gas Sensor Market is expected to grow at a CAGR of 9.2 percent during the forecast period.

      January 28, 2023
      UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period
      Press Releases

      UV Tape Market is expected to grow at a CAGR of 7.4 percent during the forecast period

      January 28, 2023
      Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period
      Press Releases

      Bioink Market is expected to grow at a CAGR of 20.48 percent during the forecast period

      January 27, 2023
      Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.
      Press Releases

      Bio-based Polyurethane Foam Market is expected to grow at a CAGR of 5.9 percent during the forecast period.

      January 27, 2023
      Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period
      Press Releases

      Methyl Palmitate Market is expected to grow at a CAGR of 5.2 percent during the forecast period

      January 27, 2023

      Discussion about this post

      LATEST NEWS

      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      February 2, 2023
      Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.

      Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site

      February 2, 2023
      Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

      Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

      February 1, 2023

      AIM WINNERS & LOSERS: RA International wins contract; Rosslyn plummets | Finance News

      January 30, 2023

      About

      The East Africana™ reports and aggregates business, socio-economic, Tech and industrial news on Southern African countries.

      We provide press release distribution to media outlets in Africa including Botswana, Eswatini, Lesotho, Namibia and South Africa. Submit a press release or contact us today.

      Categories

      ETHIOPIA

      KENYA

      RWANDA

      UGANDA

      MORE COUNTRIES

      AFRICA

      PRESS RELEASES

      Recent Post

      Recent Posts
      • Spotcovery, ambayo hutumika kama daraja kati ya Wamarekani Weusi na Waafrika, imezindua zana ya uboreshaji kwenye tovuti.
      • Spotcovery, intermediaire entre les Afro-Américains et les Africains, a lancé un outil d’optimisation sur le site
      • Spotcovery, Which Serves as a Bridge Between African Americans and Africans, has Launched Optimization Tool on Site

      Subscribe to Our Newsletter

        Share Us

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest

        Contact Us

        • +1 832 716 2363
        • +12816454086
        • Email: Email Us
        • Skype: groupwebmedia
        The East Africana™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC
        No Result
        View All Result
        • Ethiopia
        • Kenya
        • Rwanda
        • Uganda
        • MORE COUNTRIES
          • Burundi
          • Comoros
          • Djibouti
          • Eritrea
          • Ethiopia
          • Kenya
          • Madagascar
          • Malawi
          • Mauritius
          • Mozambique
          • Rwanda
          • Seychelles
          • Somalia
          • South Sudan
          • Tanzania
          • Uganda
          • Zambia
          • Zimbabwe
        • AFRICA
        • Press releases

        Share on facebook
        Share on twitter
        Share on linkedin
        Share on pinterest
        © 2023 The-East-Africana