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Oil Cleaning Market to Grow due to Reduced Prices of Oil Cleaning Equipment and Rising Consumer Awareness.

Frequent demand of oil in the manufacturing and production industry has led to a growing oil cleaning market.
Published 28 October 2015

Oil is utilized in a wide range of industries including marine, automotive, manufacturing, production, and aerospace. Oils are used in machinery and motors for their smooth functioning. An oil filter is a type of filter made to eliminate contaminants from transmission oil, engine oil, hydraulic oil, and lubricating oil. Oil filters are also utilized in various types of hydraulic machineries. The primary use of an oil filter is in internal combustion engines in off-road and on-road motor vehicles, naval vessels, and light aircraft. Apart from all these uses, transport, recycling facilities, and production industries have also employed filters within their manufacturing processes.


Rising Consumer Awareness to Propel Oil Cleaning Market


The market for oil cleaning is growing due to reduced prices of equipment and rising consumer awareness. The continuous demand for oil from the production and manufacturing sectors has resulted in growth of the oil cleaning market. In addition, changes and customizations within oil cleaning machines have raised the demand for oil cleaning equipment. Furthermore, availability of high-quality oil, lower expenses, and increasing focus on recyclable technologies are the other fuelling factors for the oil cleaning market and will help the market in generating more revenue in the coming years.


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Hydraulic Bypass and Magnetic Filtration: the Latest Technologies in the Market


There are a number of oil cleaning technologies used such as offline filter, centrifugal separator, magnetic filtration, glass fiber pressure filter, electrostatic filter, hydraulic bypass, and vacuum filter. Amongst these, centrifugal oil cleaning technology is the most broadly utilized for oil cleaning. On the other hand, hydraulic bypass and magnetic filtration are the latest technologies. A centrifugal oil cleaner is a rotary sedimentation device utilizing centrifugal force for separating contaminants from oil. On the other hand, in the magnetic filtration technology, magnetic filters utilize an electromagnet or a permanent magnet for capturing ferromagnetic particles. The biggest advantage of magnetic filters is that the maintenance of these filters simply need cleaning of the particles from the surface of magnet.


Reducing Cost of Oil Procurement to Half, Key Factor Raising Demand for Oil Cleaning Technologies


The various oil cleaning technologies are utilized for cleaning oil in turbines, motors, engines, and gears within industries including bearing, machinery manufacturing, automotive, cement, steel manufacturing, plastic modeling, auto ancillaries, cement, sugar, mining, offshore, forging, die casting, steel casting, forging, and aerospace and defense. On the basis of geography, the oil cleaning market is segmented into Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. In these markets, there is a progressive inclination towards oil cleaning technologies owing to the fact that this equipment lowers the cost of oil procurement by almost half. Europe and North America, including the UK, the U.S., Germany, France, Canada, and Spain, have a majority share in the global market for oil cleaning.


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Puradyn Filter Technologies Inc., KlassicKlarol Filters Private Ltd., Kleenoil Filtration Ltd., Triple R Co. Ltd., Trident Engineering, Ferrocare Machines Pvt. Ltd., Clean Oil Technology AB, and Kleentek, among others, are the key players operating in the market.


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