Anti-static Oil Market, By Application (Knitting and Weaving) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Trends, Analysis and Forecast till 2034

Report Code: PMI373319 | Publish Date: May 2024 | No. of Pages: 190

Global Antistatic Oil Market By Overview

Anti-static oil is a type of lubricant that is used to prevent the buildup of static electricity on surfaces. It is commonly used in the textile industry, on synthetic yarns such as nylon and polyester, to reduce static cling and improve handling during processing.

The most important properties any product from the anti-static oil market should have include a non-staining nature, washability, and excellent emulsion stability. It should be easily mixed with water to form a stable emulsion. They should also have low viscosity and excellent anti-static properties to be able to effectively reduce static electricity.

Anti-static oil is typically applied to yarn during the texturing process. It can be applied by spraying, dipping, or using a lick roll. The amount of anti-static oil that is applied will depend on the type of yarn and the desired level of static reduction.

The textile industry is the largest consumer of the anti-static oil market after the electronics industry. It is used as an industrial lubricant for machine spindles and bobbins, reducing friction and wear on the machine's moving parts. This ensures high-quality yarn without any tears while simultaneously reducing machinery downtime. By enhancing the machine’s lifespan and improving yarn quality, anti-static oil can help to increase production efficiency as well.

 The third-largest textile exporter in the world is the United States, according to the National Council of Textile Organization (NCTO). In 2022, shipments from the US textile sector were USD 65.8 billion, with over 8,000 textile goods being delivered to the US military.  With a workforce of 1.5 million and a turnover of approximately EUR 162 billion (USD 179 billion), the EU's textile industry, according to the European Commission as of March 2022, offers substantial prospects for investment and innovation. Growth in textile industries will drive the surge in the anti-static oil market.

The anti-static oil market is projected to grow from 1.5 million tons in 2024 to 1.93 million tons in 2029. The expanding demand from the electronics, automotive, and textile industries can be attributed to, this increase. The growth of various manufacturing sectors will boost the need for a variety of additives and raw materials, such as anti-static oils.

Introduction - Anti-static Oil Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Antistatic Oil Market By Dynamics

Drivers of the Anti-Static Oil Market:      

  • Increasing demand for electronic devices and components: The electronics industry is the largest consumer of anti-static oils, as these oils are essential for protecting sensitive electronic components from damage caused by static electricity. With the continued miniaturization and complexity of electronic devices, the demand for the anti-static oil market is expected to rise.
  • Growing awareness of workplace safety and regulations: Static electricity can pose a significant safety hazard in many workplaces. As awareness of these hazards grows, and regulations related to electrostatic discharge (ESD) become more stringent, the demand for anti-static oils is likely to increase.
  • Expanding automotive industry: The automotive industry is another major consumer of anti-static oils. Anti-static oils are used to prevent damage to electronic components during production and assembly processes. The growth of the automotive industry, particularly in developing economies, is expected to drive the demand in the anti-static oil market.
  • Growing Demand for Specific Fabrics:  The rise of synthetic fabrics like polyester and nylon has boosted demand for anti-static oils. These materials are more prone to static cling than natural fibers like cotton. Anti-static oils make these fabrics more comfortable to wear and easier to handle during manufacturing leading to more demand for the anti-static oil market.
  • Expanding Textile Industry:  Particularly in Asia-Pacific regions like China, India, and Vietnam, the textile industry is experiencing significant growth. This translates to a significant expansion in the anti-static oil market as more textile production facilities are established. According to data from the Chinese National Bureau of Statistics, 13,618 textile, garment, and accessory manufacturing businesses in 2022 were bigger than the maximum permitted size. This represents a jump of 450 businesses over 2021 and further supports the expansion of the anti-static oil market.
  • Rapid industrialization in emerging economies: As industries in developing economies continue to develop, the need for anti-static oils in manufacturing and processing facilities is expected to rise. This is due to the increasing use of automation and robotics, which often rely on sensitive electronic components.

Restrains in the Anti-Static Oil Market:

  • Fluctuations in Raw Material Prices: Anti-static oils are often made with mineral or vegetable oils as a base. The prices of these base oils can fluctuate depending on the market, which can impact the overall cost of producing anti-static oil. These fluctuations can make it difficult for manufacturers to price their products competitively creating several roadblocks for the Anti-Static Oil Market.
  • Competition from cheaper alternatives: High-quality anti-static oils can be expensive for small-scale manufacturers as they require large amounts of the product to ensure effective static dissipation This can make it more expensive for manufacturers to use anti-static oils, potentially leading them to look for cheaper alternatives.

Key Opportunities in Anti-Static Oil Market:

  • Rise of Synthetic fabrics: Synthetic fabrics like polyester, nylon, and acrylic are inherently prone to static cling. Anti-static oils can be applied during various stages of textile production, such as spinning, weaving, knitting, and finishing, to reduce static buildup and improve fabric handles. Demand for such fabrics is on the rise leading to more growth in the anti-static oil market.
  • Advent of Technical textiles: Technical textiles are used in various applications where static control is crucial, such as cleanroom garments, medical fabrics, and filtration media. Anti-static oils can ensure these textiles perform optimally by preventing static discharge, which can attract dust particles and compromise their effectiveness.
  • Demand for Comfort and Safety:  Anti-static finishes can significantly improve user comfort by reducing static shocks. This is especially important for garments worn in dry environments or those made from synthetic fabrics. Additionally, in some industrial settings, static discharge can pose a safety hazard. The need for safety garments in certain industrial settings propels the anti-static oil market.
  • Sustainable alternatives: Traditionally, anti-static oils have been derived from petroleum sources. However, there is a growing demand for more sustainable options. Manufacturers are developing bio-based lubricants and anti-static oils made from renewable resources including plant oils and linseed oil. This caters to the increasing consumer preference for eco-friendly textiles and creates new revenue channels for the anti-static oil market.

Global Antistatic Oil Market By Segmentation

Anti-Static Oil Market is segmented based on based on by Application and Region.

Application Insights

  • Knitting- Currently this is a moderate segment which is expected to show some growth in the forecast period as most fabrics are not constructed by knitting process. However, with the advent of technical fabrics and dynamic textiles which are entirely constructed by the knitting process, this segment will see a shift in growth rates.
  • Weaving- Currently this is the larger segment within the anti-static oil market as it consumes a significantly larger volume of anti-static oils. Since weaving has a larger scale production volume and more care is needed in weaving to prevent yarn breakage the demand for anti-static oils is higher in this sector.

Regional Insights:

Anti-Static Oil Market Regional Insights:

On region the Anti-Static Oil Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

  • Asia Pacific market currently holds the dominant market share of the Anti-Static Oil Market and is expected to lead throughout the forecast period due to the massive electronics and textile industry in this region. Manufacturing hubs like China, India, Japan, and Korea are heavily reliant on anti-static oils in their plants to ensure personnel safety and prevent textile damage during handling.
  • North America region is the second largest regional market projected to witness a significant growth rate in the forecast period due to factors like the strong presence of multiple tech manufacturing giants who require innovative ESD solutions in their production hubs.
  • Europe has a mature Anti-Static Oil Market with a strong focus on product quality and sustainability that allows easy handling of fabrics and efficient static dissipation. Stringent regulations around personnel safety clothing further contribute to market growth.
  • Latin America region is expected to show steady growth due to developing healthcare sectors and health tech which need affordable ESD solutions such as anti-static clothing to ensure minimal damage to sensitive electromagnetic devices.
  • Middle East & Africa: The Anti-Static Oil Market in this region is expected to witness significant growth in the coming years, driven by several factors such as the rapidly growing manufacturing industries, demand for electronic consumer goods, and rising investments in data computing.

Report Scope:

Attribute

Details

Base year for estimation  

2023

Forecast period       

2024-2034

Market representation       

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Application- Knitting and Weaving

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the Anti-Static Oil Market report based on By Application and Region:

Anti-Static Oil Market, By Application:

  • Knitting
  • Weaving

Anti-Static Oil Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Antistatic Oil Market By Key Players

The key players operating the Anti-Static Oil Market include Mohawk Group, H&R GROUP., Hindustan Petroleum Corporation Limited, Indian Oil Corporation Limited, Panama Petrochem Ltd, Ricci SpA, Takemoto Oil & Fat Co. Ltd, Total SA, Transfar Chemicals, Unicon Fibro Chemicals Pvt Ltd, and Witmans Group.

Key Players - Anti-static Oil Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Antistatic Oil Market By Company Profile

  • Mohawk Group*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Overview
    • Business Strategy Overview
  • H&R GROUP
  • Hindustan Petroleum Corporation Limited
  • Indian Oil Corporation Limited
  • Panama Petrochem Ltd, Ricci SpA
  • Takemoto Oil & Fat Co. Ltd
  • Total SA
  • Transfar Chemicals
  • Unicon Fibro Chemicals Pvt Ltd
  • Witmans Group

"*" marked represents similar segmentation in other categories in the respective section.

Global Antistatic Oil Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Knitting 
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Weaving
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • H&R GROUP
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hindustan Petroleum Corporation Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Indian Oil Corporation Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Panama Petrochem Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ricci Sp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Takemoto Oil & Fat Co. Ltd  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Total SA
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Transfar Chemicals.  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Unicon Fibro Chemicals Pvt Ltd   
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Witmans Group  
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Anti-static oil market is segmented into application and region.

Growing textile industries in the Asia Pacific is a major factor driving the growth of the target market

The Asia Pacific is dominating the market because of the strong demands for antistatic oil from countries such as China, India, and Vietnam. For instance, according to the EU SME Centre org, China has the largest textile production and export industry in the world

The key players are expanding their presence in the market through a variety of strategies such as business expansion, product launch, acquisition, etc. For instance, on April 2018, Indian Oil Corp., the country's largest oil firm, announced that it has acquired Royal Dutch Shell's 17 percent stake in the Makhaizna oilfield in Oman for US$ 329 million.