Phillips 66, AMSOIL INC., Calumet L.P., Quaker Chemical Corporation, Houghton International, Blaser Swisslube, BP, ExxonMobil, Fuchs Lubricants Co., Chevron, Total, The Lubrizol Corporation & Clariant are the Major Key Players in Industrial Lubricants Mar

On the basis of product, industrial lubricants market has been segmented into process oils, general oils, metalworking fluids, engine oils and others. Process oils is estimated to hold more than 20% share in the industrial lubricants market in 2017. Processed industrial lubricant is a special category of oil which finds wide application scope in a range of chemical as well as technical industries.

Request Sample pages of this report : https://www.psmarketresearch.com/market-analysis/industrial-lubricants-market/report-sample

On the basis of application, global industrial lubricants market has been segmented into metalworking, textile, energy, chemical manufacturing, food processing, hydraulic and others. Over the years, countries such as China, India, Brazil, and South Africa have witnessed rapid economic growth, characterized by large-scale expansion of industrial sector in the world. China, in particular, emerged as a global manufacturing hub and has a well-developed electronics and machinery manufacturing base.

Asia-Pacific is estimated to hold the largest share in the industrial lubricants market in 2017. The Asia-Pacific region is expected to be the fastest growing industrial lubricants market during the forecast period owing to high growth in the oil market, burgeoning population, rapid industrialization, and urbanization, coupled with strong growth in major end-use industries such as food processing, textiles, chemicals, and metalworking.

Rising demand for a variety of manufactured finished goods as well as subsequent need for expanding production capabilities has influenced manufacturers to rely on different machinery to automate production process and processing functions.

Access Report Summary at : https://www.psmarketresearch.com/market-analysis/industrial-lubricants-market/

Some of the major players operating in the global industrial lubricants industry are ExxonMobil Corp., Fuchs Group, The Lubrizol Corporation, Royal Dutch Shell, Phillips 66, Lucas Oil Products, Inc., Amsoil, Inc., Bel-Ray Co., Inc., Total S.A., Kluber Lubrication, Valvoline International, Inc., Chevron Corp., Clariant, Quaker Chemical Corp., Zeller+Gmelin GmbH & Co. KG, Houghton International, Inc., Castrol, Blaser Swisslube, Inc., Calumet Specialty Products Partners, L.P., Petronas Lubricant International, Idemitsu Kosan Co., Ltd. and Yushiro Chemical Industry Co., Ltd.

GLOBAL INDUSTRIAL LUBRICANTS MARKET SEGMENTATION
By Product
• Process Oil
• General Oil
• Metalworking Fluid (MWF)
• Engine Oil
• Others
By Application
• Metalworking
o Metal forming
 Aluminum
 Copper
 Others
o Metal cutting
 Aluminum
 Copper
 Others
o Metal joining
 Fastening
 Others
o Metalworking electronics
o Industrial heat exchangers
o Others
• Textile
o Textile weaving
o Non-woven textiles
o Textile finishing
 Dyeing
 Stentering
 Drying
 Printing
 Others
o Composites
o Others
• Energy
o Transformers
o Pipelines
o Liquefied natural gas (LNG)
o Ocean energy
o Others
• Chemical Manufacturing
o Industrial gases
o Fertilizers
o Polymers
o Others
• Food Processing
o Beverages
o Frozen food
o Canned food
 Fruits and vegetables
 Others
o Processed potatoes
o Bakery
o Cocoa and chocolate
o Others
• Hydraulic Machinery
o Compressors
o Bearings
o Others
• Others

About P&S Intelligence

P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:

P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com

This release was published on openPR.