Press release
Lubricant Packaging Market 2019 Industry Overview by Amcor, Glenroy, Graham, Mold Tek, Scholle, BAM, Berry, CDF, Greif, SCHÜTZ and others
Lubricant Packaging Market
Market Highlights
The rise in automobile sales in developed countries has led to a number of opportunities for the market growth. Lubricant packaging is used for storing the lubricants and simultaneously maintaining their properties for a specified amount of time. Materials like plastic and metal are mainly used for packaging lubricants. Growing demand for automation in chemical industries is expected to fuel the market growth. However, the rise of CNG vehicles and stringent government regulations regarding pollution can restrict the growth of the market.
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Key Players
The prominent players in the lubricant packaging market include Amcor Limited (Switzerland), Glenroy,Inc(US), Graham Packaging (US), Mold Tek Packaging(India), Scholle IPN (US), BAM Packaging (US), Berry Plastics (US), CDF (US), Greif, Inc(US), SCHÜTZ GmbH & Co., KGaA (Germany) and among others.
Market Research Analysis
For the purpose of this study, the global lubricant packaging market has been divided on the basis of five segments: material, packaging type, lubricant, end user, and region.
On the basis of material, the market has been segmented as metal and plastic. Under the material segment, plastic accounts for the largest market share as it is inexpensive as compared to its counterpart and provides enough strength and durability to the lubricant packaging. On the basis of packaging type, the market has been segmented as stand-up pouches, bottles, drums, pails, cans, tubes, kegs, bag-in-box, intermediate bulk containers. Drums segment dominates the market by packaging type and is expected to grow at the highest CAGR during the forecast period. Rise in demand for lubricants from industries across the power generation segment and increasing preference of consumers towards high-performance vehicles is expected to increase the market growth.
On the basis of lubricants, the market has been segmented as engine oils, transmission & hydraulic fluids, process oils, metalworking fluids, general industrial oils, gear oils, greases. Engine oil dominates the lubricants segment of the market and is expected to grow at the highest CAGR during the forecast period. Rise in demand for automobiles along with the adoption of industrial automation for various manufacturing processes is likely to fuel the demand for process oils in the market. Metalworking fluids are is also expected to contribute significantly during the forecast period. On the basis of end user, the market has been segmented into automotive, metalworking, oil & gas, power generation, machine industry, chemicals, and others. Automotive dominates the market by end-user.
Intended Audience
Lubricant manufacturers
Lubricant distributors / suppliers
Transportation providers
Raw material suppliers
Automotive Aftermarket
Lubricant Packaging Market Scope of the Report
This study provides an overview of the global lubricant packaging market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and the rest of the world (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global lubricant packaging market by its type, by end user, and region.
By Material
Metal
Plastic
By Packaging Type
Stand up pouch
Bottle
Drum
Pail
Can
Tube
Keg
Bag-in-box
Intermediate Bulk Container
By Lubricants
Engine Oil
Transmission & Hydraulic Fluid
Process Oil
Metalworking Fluid
General Industrial Oil
Gear Oil
Grease
By End-User
Automotive
Metalworking
Oil & Gas
Power Generation
Machine Industry
Chemicals
Others
By Region
North America
Asia-Pacific
Europe
Rest of the World
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About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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