06-19-2018 03:49 PM CET - Industry, Real Estate & Construction
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Industrial Lubricants Market Insights 2024: Strategies, Consumption, Challenges, Opportunities, Revenue, Strength Analysis, New Entrant Challenges, & Forecast

Press release from: Data Bridge Market Research
Industrial Lubricants Market 2024
Industrial Lubricants Market 2024
Lubricants are indispensable to proper machinery functioning since they reduce wear & tear between various moving parts. They also assist in lowering operation downtimes while contributing to higher productivity. Furthermore, the incorporation of various additives renders them corrosion & temperature resistant which ultimately prolongs machinery & equipment lifespan.There is a growing demand for industrial lubricants construction & mining, metal, cement, power generation, manufacturing and food industrial activity, which is expected to be one of the major drivers of the market over the next seven years.

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According to new research report of Global Industrial Lubricants Market accounted for USD 56.90 billion in 2016 and is projected to grow at a CAGR of 2.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Top Market Players:

Some of the major players in industrial lubricants market include Royal Dutch Shell PLC., ExxonMobil Corporation, BP P.L.C., Chevron Corporation, Total, PetroChina Company Limited, China Petrochemical Corporation (Sinopec), Lukoil, FUCHS, Idemitsu Kosan Co. Ltd, Phillips 66 Lubricants, AmsoilInc, Bel-Ray Company LLC., Morris Lubricants, Bharat Petroleum Corporation Limited, Penrite Oil, UltrachemInc, Valvoline LLC, Peak Lubricants Pty Ltd, Rock Valley Oil and Chemical Co., Liqui Moly GmbH, The Lubrizol Corporation, Indian Oil Corporation Ltd, Eni S.P.A., Emulsichem Lubricants Pvt. Ltd. and many more.

Global Industrial Lubricants Market Analysis segmented By Type (Metalworking Fluid, Grease, Hydraulic Oil, Gear, Compressor, Turbine Oil), By Base Oil (Mineral Oil, Synthetic Oil, Bio-Based Oil)By End-Use (Construction & Mining, Metal, Cement, Power Generation, Manufacturing, Food Processing, General Manufacturing) – Industry Trends and Forecast to 2024

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Research Methodology: Global Industrial Lubricants Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

Major Topics Covered:

1. Introduction
2. Market Segmentation
3. Executive Summary
4. Market Overview
5. Premium Insights
6. Global Industrial Lubricants Market: Regulatory Scenario
7. Global Industrial Lubricants Market, By Type
8. Global Industrial Lubricants Market, By Base Oil
9. Global Industrial Lubricants Market, By End User
10. Global Industrial Lubricants Market, By Geography
11. Global Industrial Lubricants Market, Company Landscape
12. Company Profiles
13. Related Reports

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Market Segmentation:

The industrial lubricants market is segmented on the basis of type into metalworking fluid, grease, hydraulic oil, gear oil, compressor and turbine oil. The metalworking fluid segment is further segmented into removal, protecting, forming and treating. The grease segment is further sub segmented into metallic soap thickener, non-soap thickener, inorganic thickener and others. The hydraulic oil is further segmented into HI, HIp, Hlp-D and fire resistance. The gear oil segment is further divided into rust & corrosion inhibited gear oil, compounded gear oil, and extreme pressure gear oil.

On the basis of base oil, the market is segmented mineral oil, synthetic oil and bio-based oil.

On the basis of end-user, the market is segmented construction & mining, metal, cement, power generation, manufacturing, food processing, general manufacturing and others. The general manufacturing is further sub segmented into automotive, chemical, marine, oil & gas, textile and others. The food processing is further sub segmented into food, bakery, sugar, dairy, meat poultry & seafood, beverage, pharmaceuticals & cosmetics and others.

On the basis of geography, the industrial lubricants market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Data Bridge Market Research
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Email: sopan.gedam@databridgemarketresearch.com

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