Press release
Global Marine Lubricants Market 2018: Top Most players - Lubricon, Quepet Lubricants LLC, Gulf Oil India Ltd, Sinopec, ExxonMobil, Lukoil, Royal Dutch Shell and Synforce Lubricants
crystalmarketresearch.com Offers an widespread Research Study on the Global Marine Lubricants Market, And Its Entire Ecosystem, Describes the Market Trends, best market price, Growth, Forecast, Drivers, Restraints And Opportunities Of The Marine Lubricants Market.Industry Highlights:
The Marine Lubricants Market was worth USD 5.12 billion in 2014 and is expected to reach approximately USD 6.17 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 2.09% during the forecast period.
Industry Outlook 2018 and Trend Analysis:
Positive outlook towards development in shipbuilding industry is foreseen to drive marine lubricants market. Solid application potential attributable to high movies quality which brings about consumption protection and enhanced hardware dependability is probably going to boost the demand of the product in shipbuilding industry. Growth in seaborne exchange over the world is expected to goad business in future. All around, more than 80% of exchange is done through seaways as it is the most practical medium when contrasted with aviation routes and roadways. Dry bulk shipment comprises of bulk commodities which incorporates iron ore, crude oil products and grains. Expanding tourism exercises combined with recreational sports and cruising exercises will likewise bolster marine ointments market development.
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Competitive Insights 2018:
The leading players in the market are Castrol India, Total S.A, Lubricon, Quepet Lubricants LLC, Gulf Oil India Ltd, Sinopec, ExxonMobil, Lukoil, Royal Dutch Shell and Synforce Lubricants. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Application Outlook 2018 and Trend Analysis:
Marine lubricants market from mineral oil is anticipated to be the leading section by the end of the forecast period. Solid application scope in engines, turbines and stern tubes attributable to simple accessibility and being cost effective compared to others is foreseen to boost mineral oil demand. These products are performance improving and reflect smooth movements in ship parts. Synthetic oil based marine ointments market size will witness development significantly in the following years. They offer advantages like better resistance at high temperatures.
Marine lubricants market size from motor oil applications is anticipated to grow tremendously in the following years. These products are very effective for engines with four strokes and two strokes of large ships, for example, cruise and cargo. Expanding shipping tourism alongside rising extra cash basically in India, and China should support engine oil demand.
The Marine Lubricants Market is segmented as follows-
Marine Lubricants Market, By Product , Estimates and Forecast, 2014-2023($Billion)
Bio based marine lubricants
Mineral Oil
Synthetic Oil
Marine Lubricants Market, By Application , Estimates and Forecast, 2014-2023($Billion)
Grease Oil
Engine Oil
Hydraulic Oil
Others
Marine Lubricants Market, By Marine Channel , Estimates and Forecast, 2014-2023($Billion)
Industrial
Recreational
Transport
Regional Outlook:
On a global front, the Marine Lubricants Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA).
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Main TOC of Marine Lubricants Market:
Chapter1. Introduction
Chapter2. Executive Summary
Chapter3. Market Overview
Chapter4. Market Analysis by Regions
Chapter5. Marine Lubricants Market, By Product
Chapter6. Marine Lubricants Market, By Application
Chapter7. Marine Lubricants Market, By Marine Channel
Chapter8. Marine Lubricants Market, By Region
Chapter9. Company Profiles
9.1. Castrol India
9.1.1. Business Overview
9.1.2. Product Portfolio
9.1.3. Strategic Developments
9.1.4. Marine Lubricants Sales, Revenue and Market Share
9.2. Total S.A
9.2.1. Business Overview
9.2.2. Product Portfolio
9.2.3. Strategic Developments
9.2.4. Marine Lubricants Sales, Revenue and Market Share
9.3. Lubricon
9.3.1. Business Overview
9.3.2. Product Portfolio
9.3.3. Strategic Developments
9.3.4. Marine Lubricants Sales, Revenue and Market Share
9.4. Quepet Lubricants LLC
9.4.1. Business Overview
9.4.2. Product Portfolio
9.4.3. Strategic Developments
9.4.4. Marine Lubricants Sales, Revenue and Market Share
9.5. Gulf Oil India Ltd
9.5.1. Business Overview
9.5.2. Product Portfolio
9.5.3. Strategic Developments
9.5.4. Marine Lubricants Sales, Revenue and Market Share
…CONTINUED FOR TOC
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