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Gun Lubricant Market Size - By type (synthesis gun lubricant, mineral oil gun lubricant, biobased gun lubricant, mix gun lubricant), By application (military and defence, social public safety, personal safety) & Region – Forecasts By 2022-2030

  • PUBLISHED ON
  • 2024-09-27
  • NO OF PAGES
  • 231
  • CATEGORY
  • Chemicals & Materials
Gun Lubricant- Description

There are significant immediate forces produced when a bullet is fired from a gun. A typical 9 mm cartridge creates a maximum pressure of 34,084 psi at the moment of firing. A firearm may experience pressures up to 2,300 times greater than air pressure in the first few seconds after a cartridge fires. Because of this, a handgun needs to be properly lubricated in accordance with the manufacturer's guidelines to ensure both the shooter's safety and the durability of the weapon.

Soldiers or other people who might come into contact with these settings when they are in a serious and life-threatening situation, like as preparing for combat, might not have access to the manufacturer's suggested lubricants. Alternative forms of lubrication may be needed if there is time to maintain a firearm before a life-threatening emergency, as a firearm will perform better with some oil than none. According to a US Marine Corps sergeant, synthetic engine oil performed better than conventional military lubricant in challenging circumstances.

Gun Lubricant Market Global Unmanned Helicopter Market- Overview
The Global Gun Lubricant Market is presently worth USD 286.31 million and is poised to amplify at a CAGR of 2.33% over 2022-2030, thereby amassing a valuation of USD 336.40 million by end of the assessment timeline.
Owners of firearms should keep in mind that not all gun lubricants are created equal. Others are necessary for cleaning, while others are merely used for lubrication. Grease can be used in heavy-duty conditions where there aren't enough oils.

The market from 2022 to 2030 is forecast using 2020 as a base year. Based on actual data and outputs from the major players around the world, the market size for 2020 has been estimated. When predicting the market through 2030, the tendencies of the previous five years are taken into account. 2020 is a year of exception, and its effects on lockdown are examined particularly by area.

The peculiar quality of Mil-Comm weapons lubricant, which penetrates the metal of the moving parts and works on a slow-release principle, helps to keep the gun clean and cool for a longer period of time. Therefore, it is anticipated that changes in firearm lubricants will have a significant effect on the market's expansion.

Manufacturers have always been worried about things like how lubricants affect the environment and how often guns jam. Manufacturers have concentrated on making these lubricants more effective for usage particular to their industries since end-user businesses have difficulty choosing the best handgun lubricant for a given application.

Gun Lubricant Market- Key trends

New Firearm Lubricants Go on Sale will drive the market expansion
Over the course of the forecast period, it is anticipated that the development of cutting-edge firearm lubricants, such as bio-lubricants with improved characteristics, will boost the market. This will enable end users to increase product efficiency in addition to helping them handle price concerns. Some of the top manufacturers in the sector have already introduced a number of cutting-edge weapon lubricants. For instance, G96 introduced Bio-CLP Synthetic Gun Oil, which received US Army approval due to its higher than 49% renewable resource content. It was also acknowledged by the Bio Preferred programme of the USDA.

Modernization of Firearm Lubricants will help the market to grow
Weapons must be properly lubricated in order to function. Excellent heat and burn-off resistance, corrosion prevention, and the capacity to free stuck components and actions are all features of modern weapon lubricants. These lubricants help the gun operate more smoothly in all weather conditions, such as bitter cold, salt spray, and fine dust. Modern handgun lubricants can successfully maintain the firearm cool and clean for extended periods of time.

Gun Lubricant Market- Segmental assessment

By type
• Synthesis gun lubricant
• Mineral oil gun lubricant
• Biobased gun lubricant
• Mix gun lubricant
• Others

By application
• Military and defence
• Social public safety
• Personal safety
• Others

Gun Lubricant Market- Geographical landscape
The major regions constituting the geographical ambit of this business sphere are North America, Middle East & Africa, Europe, Asia Pacific, and South America. Among these, North America is projected to capture a substantial revenue share over 2022-2030.

Gun Lubricant Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are LUCAS OIL, ROCOL, LandR, Amsoil, MPT Industries, Radco Industries,Inc, Pro-Shot Products, Inc., G96 Products lnc., Clenzoil, Ballistol, Liberty Gun Lube, and others.

Report scope
Global Gun Lubricant Market: Historical Years- 2018-2021
Global Gun Lubricant Market: Forecast Years- 2022-2030
Global Gun Lubricant Market 2022- USD 286.31 million
Global Gun Lubricant Market 2030- USD 336.40 million
Global Gun Lubricant Market CAGR- 2.33%

Key segments covered-
1) By type (synthesis gun lubricant, mineral oil gun lubricant, biobased gun lubricant, mix gun lubricant, and others).
2) By application (military and defence, social public safety, personal safety, and others).

Major regions and countries reported-
1) North America (U.S., Canada, and Mexico)
2) South America (Brazil, Argentina, and Colombia)
3) Europe (Germany, U.K., France, Italy, Spain, and Russia)
4) Middle East & Africa (UAE, Saudi Arabia, Egypt, and South Africa)
5) Asia Pacific (China, Japan, India, Australia, South Korea, and ASEAN)

Top players profiled-
LUCAS OIL, ROCOL, LandR, Amsoil, MPT Industries, Radco Industries,Inc, Pro-Shot Products, Inc., G96 Products lnc., Clenzoil, Ballistol, Liberty Gun Lube, and others.

1.     Global Gun Lubricant Market Introduction and Market Overview

1.1.  Objectives of the Study

1.2.  Gun Lubricant Market Definition & Description

1.3.  Global Gun Lubricant Market Scope and Market Estimation

1.3.1.     Global Gun Lubricant Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023-2033)

1.3.2.     Global Gun Lubricant Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019-2033

1.4.  Market Segmentation

1.4.1.     Type of Global Gun Lubricant Market

1.4.2.     Application of Global Gun Lubricant Market

1.4.3.     Region of Global Gun Lubricant Market

2.     Executive Summary

2.1.  Global Gun Lubricant Market Industry Trends under COVID-19 Outbreak

2.1.1.     Global COVID-19 Status Overview

2.1.2.     Influence of COVID-19 Outbreak on Global Gun Lubricant Market Industry Development

2.2.  Market Dynamics

2.2.1.     Drivers

2.2.2.     Limitations

2.2.3.     Opportunities

2.2.4.     Impact Analysis of Drivers and Restraints

2.3.  Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.  Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.  Porter’s Five Forces Analysis

2.5.1.     Bargaining Power of Suppliers

2.5.2.     Bargaining Power of Buyers

2.5.3.     Threat of Substitutes

2.5.4.     Threat of New Entrants

2.5.5.     Competitive Rivalry

2.6.  Value Chain / Ecosystem Analysis

2.7.  PEST Analysis

2.8.  Russia-Ukraine War Impacts Analysis

2.9.  Economic Downturn Analysis

2.10. Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.     Global Gun Lubricant Market Estimates & Historical Trend Analysis (2020 - 2022)

4.     Global Gun Lubricant Market Estimates & Forecast Trend Analysis, by Type

4.1.  Global Gun Lubricant Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

4.1.1.     Synthesis gun lubricant

4.1.2.     Mineral oil gun lubricant

4.1.3.     Biobased gun lubricant

4.1.4.     Mix gun lubricant

5.     Global Gun Lubricant Market Estimates & Forecast Trend Analysis, by Application

5.1.  Global Gun Lubricant Market Revenue (US$ Mn) Estimates and Forecasts, by Installation, 2023 to 2033

5.1.1.     Military and defence

5.1.2.     Social public safety

5.1.3.     Personal safety           

6.     Global Gun Lubricant Market Estimates & Forecast Trend Analysis, by Region

6.1.  Global Gun Lubricant Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2023 to 2033

6.1.1.     North America

6.1.2.     Europe

6.1.3.     Asia Pacific

6.1.4.     Middle East & Africa

6.1.5.     South America

7.     North America Gun Lubricant Market: Estimates & Forecast Trend Analysis

7.1.  North America Gun Lubricant Market Assessments & Key Findings

7.1.1.     North America Gun Lubricant Market Introduction

7.1.2.     North America Gun Lubricant Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

7.1.2.1.  By Type

7.1.2.2.  By Application

7.1.2.3.  By Country

7.1.2.3.1.   The U.S.

7.1.2.3.2.   Canada

7.1.2.3.3.   Mexico

8.     Europe Gun Lubricant Market: Estimates & Forecast Trend Analysis

8.1.  Europe Gun Lubricant Market Assessments & Key Findings

8.1.1.     Europe Gun Lubricant Market Introduction

8.1.2.     Europe Gun Lubricant Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

8.1.2.1.  By Type

8.1.2.2.  By Application

8.1.2.3.      By Country

8.1.2.3.1.   Germany

8.1.2.3.2.   U.K.

8.1.2.3.3.   France

8.1.2.3.4.   Italy

8.1.2.3.5.   Spain

8.1.2.3.6.   Russia

8.1.2.3.7.   Rest of Europe

9.     Asia Pacific Gun Lubricant Market: Estimates & Forecast Trend Analysis

9.1.  Asia Pacific Market Assessments & Key Findings

9.1.1.     Asia Pacific Gun Lubricant Market Introduction

9.1.2.     Asia Pacific Gun Lubricant Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

9.1.2.1.      By Type

9.1.2.2.      By Application

9.1.2.3.      By Country

9.1.2.3.1.   China

9.1.2.3.2.   Japan

9.1.2.3.3.   India

9.1.2.3.4.   Australia

9.1.2.3.5.   South Korea

9.1.2.3.6.   ASEAN

9.1.2.3.7.   Rest of Asia Pacific

10.  Middle East & Africa Gun Lubricant Market: Estimates & Forecast Trend Analysis

10.1. Middle East & Africa Market Assessments & Key Findings

10.1.1.  Middle East & Africa Gun Lubricant Market Introduction

10.1.2.  Middle East & Africa Gun Lubricant Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

10.1.2.1.   By Type

10.1.2.2.   By Application

10.1.2.3.   By Country

10.1.2.3.1.              U.A.E.

10.1.2.3.2.              Saudi Arabia

10.1.2.3.3.              Egypt

10.1.2.3.4.              South Africa

10.1.2.3.5.              Rest of Middle East & Africa

11.  South America Gun Lubricant Market: Estimates & Forecast Trend Analysis

11.1. South America Market Assessments & Key Findings

11.1.1.  South America Gun Lubricant Market Introduction

11.1.2.  South America Gun Lubricant Market Size Estimates and Forecast (US$ Million) (2023 to 2033)

11.1.2.1.   By Type

11.1.2.2.   By Application

11.1.2.3.   By Country

11.1.2.3.1.            Brazil

11.1.2.3.2.            Argentina

11.1.2.3.3.            Colombia

11.1.2.3.4.            Rest of South America

12.  Competition Landscape

12.1. Global Gun Lubricant Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

12.2. Global Gun Lubricant Market Concentration & Company Market Shares (%) Analysis, 2022

 

13.  Company Profiles

13.1.    LUCAS OIL

13.1.1.     Company Overview & Key Stats

13.1.2.     Financial Performance & KPIs

13.1.3.     Product Portfolio

13.1.4.     Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

13.2.    ROCOL

13.3.    LandR

13.4.    Amsoil

13.5.    MPT Industries

13.6.    Radco Industries Inc

13.7.    Pro-Shot Products Inc.

13.8.    G96 Products lnc.

13.9.    Clenzoil

13.10.  Ballistol

13.11.  Liberty Gun Lube

13.12.  Others**

14.  Research Methodology

14.1. External Transportations / Databases

14.2. Internal Proprietary Database

14.3. Primary Research

14.4. Secondary Research

14.5. Assumptions

14.6. Limitations

14.7. Report FAQs

15.  Research Findings & Conclusion

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

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