300–450 TBN calcium, barium, and magnesium sulphonates are being increasingly used in greases as a thickener, as they offer better water resistance, mechanical stability, extreme-pressure resistance, adequate-corrosion resistance, and anti-wear property. Additionally, the declining cost of these sulphonates, on account of improvement in manufacturing technology, has increased their preference over lithium sulphonates. Owing to the advantageous characteristics of the chemical, its usage has considerably amplified in steel, mining, and paper machinery.
The rapid shift to calcium sulphonate from lithium sulphonate in the production of grease-based products like automobile and industrial lubricants will drive the 300–450 TBN calcium, barium, and magnesium sulphonates market at 10.9% CAGR between 2020 and 2030. The market is expected to reach $231.2 million by 2030 from $73.5 million in 2019. Earlier, the manufacturing, marine, steel, automotive, and mining sectors used to prefer lithium sulphonate due to its low cost and highly pumpable features. However, stringent environmental legislations, in recent years, have shifted the focus toward calcium sulphonate.
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Depending on type, the 300–450 TBN calcium, barium, and magnesium sulphonates market is classified into calcium sulphonate, barium sulphonate, and magnesium sulphonate. Amongst these, the calcium sulphonate category is predicted to exhibit the highest CAGR, in terms of revenue growth, in the market in the forthcoming years. This will be because of the extensive usage of this salt in the marine, steel, automotive, and food processing sectors, on account of its appreciable hydrophobicity and high stability in extreme pressure.
When end use is taken into consideration, the 300–450 TBN calcium, barium, and magnesium sulphonates market is categorized into automotive, marine, and industrial machinery. Out of these, the automotive category registered the highest growth in the market during the past few years. This was because lubricants and greases containing the various sulphonates of calcium, barium, and magnesium are heavily used in chassis, universal joints, mirror gears, wheel bearings, electronic power steering, suspension parts, ball joints, and rolling bearings.
Geographically, the 300–450 TBN calcium, barium, and magnesium sulphonates market will demonstrate the highest revenue growth in the Asia-Pacific region in the upcoming years, as per the estimates of P&S Intelligence, a market research company based in India. This will be a result of the rapidly soaring requirement for passenger cars and commercial vehicles in the region. The turbocharged direct-injection engines used in passenger cars require greases and lubricants made from stronger additives like calcium sulphonate.
Thus, it can be said without any hesitation that the demand for 300–450 TBN calcium, barium, and magnesium sulphonates will skyrocket all over the world in the coming years, primarily because of the various beneficial characteristics of the calcium sulphonate-based greases and their minimal environmental impact.
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