By 2030, the 300–450-TBN calcium, barium, and magnesium sulphonates market is predicted to generate sales worth $231.2 million, ascribed to various factors that contribute to increased consumption of the chemicals and cause the least impact on the environment, including various benefits of greases on calcium sulphonate.
Moreover, calcium sulphonate is expected to hold the largest 300–450-TBN calcium, barium, and magnesium sulphonates market share, due to its property of offering rust resistance to industrial lubricants. In addition, demulsibility, hydrolytic stability, and wet filterability of calcium sulphonate drive its demand in the market. Furthermore, salt also offers stability under extreme pressure, with high load bearing, better thickening, and corrosion resistance to greases.
APAC contributed significant revenue to the 300–450-TBN calcium, barium, and magnesium sulphonates market, due to rapid urbanization and improving economy of the regional countries, more specifically, Indian and China, providing support in the industrial expansion of entities that manufacture products with high contents of sulphonates of calcium, barium, and magnesium. The corrosion resistance and oxidation protection are key contributors to driving the demand for such chemicals.
The key players in the 300–450-TBN calcium, barium, and magnesium sulphonates market are Eni Spa, Lanxess AG, SEQENS, Eastern Petroleum Private Limited, Jinzhou Kangtai Lubricants Additives Co. Ltd., King Industries Inc, Daubert Chemical Company Inc., The Lubrizol Corporation, and MORESCO Corporation.
Therefore, the numerous advantages of the properties bear by calcium sulphonate boost the market with the increased application in the greases for its thickening.