Press release
Global Lubricating Oils And Greases Market to Witness Robust Expansion by 2025
In terms of production side, this report researches the Lubricating Oils and Greases capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Lubricating Oils and Greases by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
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Lubricating Oils and Greases refer to an oily substance that is used to cover or treat machinery so as to lessen friction
With the expansion of the passenger vehicles segment, there has been a rise in demand for high-quality automotive lubricants with better fuel efficiency and lower emissions. Government schemes in emerging economies, such as the “Make in India” program initiated by the Indian government, have attracted high foreign investments across the automotive industry. This has further boosted demand for lubricants.
Stable base oil production across regions has stimulated feedstock security among blenders in the recent past. Stable supply would thereby address profitability concerns of manufacturers, thereby positively influencing industry competition. Moreover, recovering end-use industries are likely to drive sales of lubricating oil, which is slated to provide equilibrium to the supply-demand scenario.
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In addition, high growth in the base oil market, rapid industrialization, burgeoning population and urbanization, and high growth in major end-use industries such as textiles, chemicals, food processing, and metalworking are some other factors driving industry growth.
The Lubricating Oils and Greases market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Lubricating Oils and Greases.
This report includes the following manufacturers; we can also add the other companies as you want.
Shell (The Netherlands)
BP Plc (UK)
Chevron Corporation (US)
ConocoPhillips Lubricants (US)
Exxon Mobil Corporation (US)
Esso S.A.F. (France)
Fuchs Petrolub AG (Germany)
Idemitsu Kosan Co., Ltd. (Japan)
IndianOil Corporation Ltd. (India)
LUKOIL Oil Company (Russia)
JX Nippon Oil & Energy Corporation (Japan)
Ashland, Inc. (US)
Valvoline (US)
Sinopec Corporation (China)
Total S.A. (France)
Market Segment by Product Type
Oil
Grease
Market Segment by Application
Automobile
Industry
Aerospace
Key Regions split in this report:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
The study objectives are:
To analyze and research the global Lubricating Oils and Greases status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Lubricating Oils and Greases manufacturers, capacity, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Lubricating Oils and Greases are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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