Press release
North America Lubricant Packaging Market Capacity and Profit 2019-2024 Forecast by Manufacturers, Key Players & more
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On the basis of lubricant type, the North American lubricant packaging market has been segmented into engine oils, transmission & hydraulic fluids, process oils, metal working fluids, general industrial oils and others. Among the aforementioned segments, engine oil held the largest share of over 36% in 2018 and is projected to continue leading throughout the review period. The growing demand for automobile especially in the U.S. shall positively influence the growth of the segment. General industrial oil was the second most revenue generating segment in 2018 and held a market share of over 18%.
On the basis of end-user industry, automotive was the largest segment and held a market share of over 47% in 2018. Metal fabrication was the second largest industry in 2018 closely followed by power generation segment. The growing demand for energy has resulted in the extensive use of lubricants especially in gas turbine power plants which shall further propel the growth for lubricant packaging market size during the period 2019-2024. On the basis of packaging types, kegs & drums held a market share of around 44% in 2018 and is likely to continue leading throughout the forecast period. The growing demand for kegs and drums in warehouses owing to its easy stackable property is projected to substantially contribute to the segment growth.
Some of the major players in the North America lubricant packaging market are Glenroy, Inc, Greif, Inc, Martin Operating Partnership L.P, Mauser Group B.V, Milford Barrel, BWAY Corporation, Universal Lubricants and Scholle IPN.
Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1213/north-america-lubricant-packaging-market
North America lubricant Packaging market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD million from 2013 to 2024, for the following segments:
Segments Covered in this Report:
North America Lubricant Packaging Market Share, By Material
Metal
Aluminum
Tin
Steel
Plastic
PE
PET
PP
PVC
Others
North America Lubricant Packaging Market Trends, By Packaging Type
Kegs & drums
Cans & bottles
Intermediate bulk containers (IBC)
Pails
Others
North America Lubricant Packaging Market Size, By Lubricant
Engine oils
Transmission & hydraulic fluids
Process oils
Metalworking fluids
General Industrial oils
Others
North America Lubricant Packaging Market Value, By End-user
Automobile
Metal fabrication
Oil & gas
Power generation
Chemical industry
Others
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Waterproofing Membrane Market : https://www.marketwatch.com/press-release/major-players-operating-in-the-waterproofing-membrane-market-2019-2024-graphical-research-2019-10-16
Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com
About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.
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