Knitting Oil Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2033 - By Product, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global Knitting Oil Market is witnessing significant growth, driven by the expanding textile and apparel industry and increasing demand for efficient knitting operations. Knitting oils play a crucial role in reducing friction, preventing wear and tear, and ensuring smooth functioning of knitting machines. The market is projected to reach USD 24.7 billion in 2026 and is expected to grow to USD 34.1 billion by 2033, registering a robust CAGR of 4.7% during the forecast period.

Market Insights

Knitting oils are indispensable for both flat and circular knitting machines, helping maintain consistent production quality while extending machine lifespan. Synthetic, semi-synthetic, and biodegradable oils are gaining traction due to their ability to enhance efficiency and support sustainability initiatives. Increasing automation and modernization of textile manufacturing units worldwide are further boosting the market demand. Asia Pacific remains the largest consumer due to its dominant textile production hubs in China, India, and Southeast Asia, while Europe and North America are witnessing growth driven by advanced textile technologies and stringent machinery maintenance standards.

Drivers

Several factors are fueling the growth of the Knitting Oil Market:

Rising textile production: The global apparel and home textiles industry is growing, increasing demand for knitting machines and associated lubricants.
Machine efficiency and longevity: Manufacturers are increasingly adopting high-performance knitting oils to reduce downtime, enhance machine performance, and lower maintenance costs.
Sustainability trends: Biodegradable and eco-friendly knitting oils are gaining popularity as textile manufacturers align with environmental regulations and corporate sustainability goals.
Technological advancements: Innovations in lubricant formulations and machine compatibility are promoting adoption across various industrial applications.

Business Opportunity

The Knitting Oil Market presents lucrative opportunities for manufacturers and suppliers to expand product portfolios and cater to emerging markets. The growing demand for high-quality and environmentally friendly lubricants offers potential for premium product lines. Companies investing in research and development of advanced synthetic and semi-synthetic oils can leverage the increasing demand for high-performance and eco-conscious solutions. Moreover, the integration of predictive maintenance technologies in textile machinery provides opportunities for specialized lubricants that improve operational efficiency.

Region Analysis

Asia Pacific: The region leads the global market due to large-scale textile production in China, India, and Southeast Asia. Increasing automation and modernization of textile units further contribute to growth.
Europe: The market is driven by high-quality textile production, advanced machinery, and stringent environmental standards that promote the use of synthetic and biodegradable oils.
North America: Growth is supported by advanced textile technology adoption and demand for efficient machinery maintenance solutions.
Latin America: Expanding textile manufacturing units in countries like Brazil and Mexico are contributing to market growth.
Middle East and Africa: Industrial expansion and investments in textile infrastructure are driving demand, particularly in countries like Turkey and South Africa.

Key Players

BECHEM (Bechemindia)
Behran Oil Co.
Hindustan Petroleum Corporation Limited (HPCL)
Eastern Petroleum Pvt. Ltd.
Extro Lubricants
GOC Petrochemicals (Gold Oil Corporation)
KLUBER LUBRICATION (Klueber)
LUBCON
Lubrogamma Srl
LUBSTAR LUBRICANTS Pvt. Ltd.
Millers Oils
Molylub
Nye Lubricants, Inc.
Total Lubrifiants (TotalEnergies)
Vickers Oils

Segmentation

By Type

Synthetic
Semi-Synthetic
Biodegradable

By Application

Flat Knitting Machine
Circular Knitting Machine

By Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

1. Executive Summary

1.1. Global Knitting Oil Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2025
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. COVID-19 Impact Analysis
2.5. Porter's Fiver Forces Analysis
2.6. Impact of Russia-Ukraine Conflict
2.7. PESTLE Analysis
2.8. Regulatory Analysis
2.9. Price Trend Analysis
- 2.9.1. Current Prices and Future Projections, 2025-2033
- 2.9.2. Price Impact Factors

3. Global Knitting Oil Market Outlook, 2019 - 2033

3.1. Global Knitting Oil Market Outlook, by Type, Value (US$ Bn), 2019-2033
- 3.1.1. Synthetic
- 3.1.2. Semi-Synthetic
- 3.1.3. Biodegradable
3.2. Global Knitting Oil Market Outlook, by Application, Value (US$ Bn), 2019-2033
- 3.2.1. Flat Knitting Machine
- 3.2.2. Circular Knitting Machine
3.3. Global Knitting Oil Market Outlook, by Region, Value (US$ Bn), 2019-2033
- 3.3.1. North America
- 3.3.2. Europe
- 3.3.3. Asia Pacific
- 3.3.4. Latin America
- 3.3.5. Middle East & Africa

4. North America Knitting Oil Market Outlook, 2019 - 2033

4.1. North America Knitting Oil Market Outlook, by Type, Value (US$ Bn), 2019-2033
- 4.1.1. Synthetic
- 4.1.2. Semi-Synthetic
- 4.1.3. Biodegradable
4.2. North America Knitting Oil Market Outlook, by Application, Value (US$ Bn), 2019-2033
- 4.2.1. Flat Knitting Machine
- 4.2.2. Circular Knitting Machine
4.3. North America Knitting Oil Market Outlook, by Country, Value (US$ Bn), 2019-2033
- 4.3.1. S. Knitting Oil Market Outlook, by Type, 2019-2033
- 4.3.2. S. Knitting Oil Market Outlook, by Application, 2019-2033
- 4.3.3. Canada Knitting Oil Market Outlook, by Type, 2019-2033
- 4.3.4. Canada Knitting Oil Market Outlook, by Application, 2019-2033
4.4. BPS Analysis/Market Attractiveness Analysis

5. Europe Knitting Oil Market Outlook, 2019 - 2033

5.1. Europe Knitting Oil Market Outlook, by Type, Value (US$ Bn), 2019-2033
- 5.1.1. Synthetic
- 5.1.2. Semi-Synthetic
- 5.1.3. Biodegradable
5.2. Europe Knitting Oil Market Outlook, by Application, Value (US$ Bn), 2019-2033
- 5.2.1. Flat Knitting Machine
- 5.2.2. Circular Knitting Machine
5.3. Europe Knitting Oil Market Outlook, by Country, Value (US$ Bn), 2019-2033
- 5.3.1. Germany Knitting Oil Market Outlook, by Type, 2019-2033
- 5.3.2. Germany Knitting Oil Market Outlook, by Application, 2019-2033
- 5.3.3. Italy Knitting Oil Market Outlook, by Type, 2019-2033
- 5.3.4. Italy Knitting Oil Market Outlook, by Application, 2019-2033
- 5.3.5. France Knitting Oil Market Outlook, by Type, 2019-2033
- 5.3.6. France Knitting Oil Market Outlook, by Application, 2019-2033
- 5.3.7. K. Knitting Oil Market Outlook, by Type, 2019-2033
- 5.3.8. K. Knitting Oil Market Outlook, by Application, 2019-2033
- 5.3.9. Spain Knitting Oil Market Outlook, by Type, 2019-2033
- 5.3.10. Spain Knitting Oil Market Outlook, by Application, 2019-2033
- 5.3.11. Russia Knitting Oil Market Outlook, by Type, 2019-2033
- 5.3.12. Russia Knitting Oil Market Outlook, by Application, 2019-2033
- 5.3.13. Rest of Europe Knitting Oil Market Outlook, by Type, 2019-2033
- 5.3.14. Rest of Europe Knitting Oil Market Outlook, by Application, 2019-2033
5.4. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Knitting Oil Market Outlook, 2019 - 2033

6.1. Asia Pacific Knitting Oil Market Outlook, by Type, Value (US$ Bn), 2019-2033
- 6.1.1. Synthetic
- 6.1.2. Semi-Synthetic
- 6.1.3. Biodegradable
6.2. Asia Pacific Knitting Oil Market Outlook, by Application, Value (US$ Bn), 2019-2033
- 6.2.1. Flat Knitting Machine
- 6.2.2. Circular Knitting Machine
6.3. Asia Pacific Knitting Oil Market Outlook, by Country, Value (US$ Bn), 2019-2033
- 6.3.1. China Knitting Oil Market Outlook, by Type, 2019-2033
- 6.3.2. China Knitting Oil Market Outlook, by Application, 2019-2033
- 6.3.3. Japan Knitting Oil Market Outlook, by Type, 2019-2033
- 6.3.4. Japan Knitting Oil Market Outlook, by Application, 2019-2033
- 6.3.5. South Korea Knitting Oil Market Outlook, by Type, 2019-2033
- 6.3.6. South Korea Knitting Oil Market Outlook, by Application, 2019-2033
- 6.3.7. India Knitting Oil Market Outlook, by Type, 2019-2033
- 6.3.8. India Knitting Oil Market Outlook, by Application, 2019-2033
- 6.3.9. Southeast Asia Knitting Oil Market Outlook, by Type, 2019-2033
- 6.3.10. Southeast Asia Knitting Oil Market Outlook, by Application, 2019-2033
- 6.3.11. Rest of SAO Knitting Oil Market Outlook, by Type, 2019-2033
- 6.3.12. Rest of SAO Knitting Oil Market Outlook, by Application, 2019-2033
6.4. BPS Analysis/Market Attractiveness Analysis

7. Latin America Knitting Oil Market Outlook, 2019 - 2033

7.1. Latin America Knitting Oil Market Outlook, by Type, Value (US$ Bn), 2019-2033
- 7.1.1. Synthetic
- 7.1.2. Semi-Synthetic
- 7.1.3. Biodegradable
7.2. Latin America Knitting Oil Market Outlook, by Application, Value (US$ Bn), 2019-2033
- 7.2.1. Flat Knitting Machine
- 7.2.2. Circular Knitting Machine
7.3. Latin America Knitting Oil Market Outlook, by Country, Value (US$ Bn), 2019-2033
- 7.3.1. Brazil Knitting Oil Market Outlook, by Type, 2019-2033
- 7.3.2. Brazil Knitting Oil Market Outlook, by Application, 2019-2033
- 7.3.3. Mexico Knitting Oil Market Outlook, by Type, 2019-2033
- 7.3.4. Mexico Knitting Oil Market Outlook, by Application, 2019-2033
- 7.3.5. Argentina Knitting Oil Market Outlook, by Type, 2019-2033
- 7.3.6. Argentina Knitting Oil Market Outlook, by Application, 2019-2033
- 7.3.7. Rest of LATAM Knitting Oil Market Outlook, by Type, 2019-2033
- 7.3.8. Rest of LATAM Knitting Oil Market Outlook, by Application, 2019-2033
7.4. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Knitting Oil Market Outlook, 2019 - 2033

8.1. Middle East & Africa Knitting Oil Market Outlook, by Type, Value (US$ Bn), 2019-2033
- 8.1.1. Synthetic
- 8.1.2. Semi-Synthetic
- 8.1.3. Biodegradable
8.2. Middle East & Africa Knitting Oil Market Outlook, by Application, Value (US$ Bn), 2019-2033
- 8.2.1. Flat Knitting Machine
- 8.2.2. Circular Knitting Machine
8.3. Middle East & Africa Knitting Oil Market Outlook, by Country, Value (US$ Bn), 2019-2033
- 8.3.1. GCC Knitting Oil Market Outlook, by Type, 2019-2033
- 8.3.2. GCC Knitting Oil Market Outlook, by Application, 2019-2033
- 8.3.3. South Africa Knitting Oil Market Outlook, by Type, 2019-2033
- 8.3.4. South Africa Knitting Oil Market Outlook, by Application, 2019-2033
- 8.3.5. Egypt Knitting Oil Market Outlook, by Type, 2019-2033
- 8.3.6. Egypt Knitting Oil Market Outlook, by Application, 2019-2033
- 8.3.7. Nigeria Knitting Oil Market Outlook, by Type, 2019-2033
- 8.3.8. Nigeria Knitting Oil Market Outlook, by Application, 2019-2033
- 8.3.9. Rest of Middle East Knitting Oil Market Outlook, by Type, 2019-2033
- 8.3.10. Rest of Middle East Knitting Oil Market Outlook, by Application, 2019-2033
8.4. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Vs Segment Heatmap
9.2. Company Market Share Analysis, 2024
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. BECHEM (Bechemindia)
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Developments
- 9.4.2. Behran Oil Co.
  - 9.4.2.1. Company Overview
  - 9.4.2.2. Product Portfolio
  - 9.4.2.3. Financial Overview
  - 9.4.2.4. Business Strategies and Developments
- 9.4.3. Hindustan Petroleum Corporation Limited (HPCL)
  - 9.4.3.1. Company Overview
  - 9.4.3.2. Product Portfolio
  - 9.4.3.3. Financial Overview
  - 9.4.3.4. Business Strategies and Developments
- 9.4.4. Eastern Petroleum Pvt. Ltd.
  - 9.4.4.1. Company Overview
  - 9.4.4.2. Product Portfolio
  - 9.4.4.3. Financial Overview
  - 9.4.4.4. Business Strategies and Developments
- 9.4.5. Extro Lubricants
  - 9.4.5.1. Company Overview
  - 9.4.5.2. Product Portfolio
  - 9.4.5.3. Financial Overview
  - 9.4.5.4. Business Strategies and Developments
- 9.4.6. GOC Petrochemicals (Gold Oil Corporation)
  - 9.4.6.1. Company Overview
  - 9.4.6.2. Product Portfolio
  - 9.4.6.3. Financial Overview
  - 9.4.6.4. Business Strategies and Developments
- 9.4.7. KLUBER LUBRICATION (Klueber)
  - 9.4.7.1. Company Overview
  - 9.4.7.2. Product Portfolio
  - 9.4.7.3. Financial Overview
  - 9.4.7.4. Business Strategies and Developments
- 9.4.8. LUBCON
  - 9.4.8.1. Company Overview
  - 9.4.8.2. Product Portfolio
  - 9.4.8.3. Financial Overview
  - 9.4.8.4. Business Strategies and Developments
- 9.4.9. Lubrogamma Srl
  - 9.4.9.1. Company Overview
  - 9.4.9.2. Product Portfolio
  - 9.4.9.3. Financial Overview
  - 9.4.9.4. Business Strategies and Developments
- 9.4.10. LUBSTAR LUBRICANTS Pvt. Ltd.
  - 9.4.10.1. Company Overview
  - 9.4.10.2. Product Portfolio
  - 9.4.10.3. Financial Overview
  - 9.4.10.4. Business Strategies and Developments

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations