Press release
Lubricants Market Trends Analysis By Application, Price Trend, Competitive Market Share & Forecast, ExxonMobil, Shell, BP, Total, Chevron
Lubricants Market size is predicted to touch 47.75 million tons till 2022, rising with a CAGR of 2.9% over the forecast years. Increase in demand in 3D printing along with medical appliances is likely to further fuel up the market. The main purpose of lubricants is to reduce friction, thereby avoiding wear and tear in automotive parts like piston, connecting rods and shafts. Exponential growth in industrialization will definitely bring boom to lubricants market trend.Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/412
Synthetic lubricants are high performing lubricants owing to controlled mixture of base oil and additives used in synthetic lubricants. Changing emission rules in APAC zone and Middle East regions are forcing original equipment manufacturers to offer good engine technology compatible with high quality lubricants. All these factors are predicted to fuel the demand for synthetic lubricants in APAC zone and Middle East regions during the estimated span.
Prominent oil and gas industries like Shell, Sinopec, British Petroleum and Idemitsu are integrated lubricant producers which focus on adequate supply of raw material for steady manufacturing of oils. With integrations, it becomes easier for these companies to expand their business. Most of the manufacturers have a contract with oil and gas industries for efficient supply of raw material. Depletion in crude oil extraction has resulted in crisis of raw material and hence, many companies are emphasizing on refining techniques for uninterrupted raw material supply.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1. Phillips 66
2. Valvoline Inc.
3. Castrol
4. PetroChina
5. Sinopec
6. LUKOIL
7. Petrobras
8. Petronas
9. Quaker Chemical Corporation
10. ExxonMobil
11. Shell
12. BP
13. Total
14. Chevron
15. Fuchs Lubricants Co.
The growth of the global lubricants market is promoted due to aspects like rapid industrialization in the APAC zone. Growing industrialization in the countries like Mexico, China, Brazil and India has also promoted the growth of the industry. Increasing construction activities in region of Latin America and APAC zone are the key factors driving the growth & expansion of the global market sector. Further, growing demand for oilfield chemicals due to enhanced exploration and drilling activities are anticipated to favourably affect the lubricants market globally.
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In addition to this, rise in research & development activities like growth of bio based equivalents to minimize the ecological hazards are predicted to contribute towards enhanced demand and growth of the global lubricants market. Also, the rise in the proportion of vehicles is predicted to propel the growth of the lubricants market globally. However, aspects like long engine oil drain interval along with the introduction of hybrid electric automobiles can hinder the growth of the industry. Based on the products, the global lubricants market is bifurcated into mineral oil lubricants, bio based lubricants and synthetic lubricants.
Table Of Content For This Research Report:
Chapter 4 Lubricants Product Insights
4.1 Global lubricants market volume share by product, 2014 & 2022
4.2 Industrial
4.2.1 Lubricants market estimates and forecast, 2012 – 2022
4.2.2 Lubricants market estimates and forecast, by region, 2012 – 2022
4.2.3 Lubricants market estimates and forecast, by product, 2012 – 2022
4.2.4 Process Oils
4.2.4.1 Lubricants market estimates and forecast, 2012 – 2022
4.2.4.2 Market estimates and forecast, by region, 2012 – 2022
4.2.5 General Industrial Oils
4.2.5.1 Market estimates and forecast, 2012 – 2022
4.2.5.2 Market estimates and forecast, by region, 2012 – 2022
4.2.6 Metal Working Fluids
4.2.6.1 Market estimates and forecast, 2012 – 2022
4.2.6.2 Market estimates and forecast, by region, 2012 – 2022
4.2.7 Industrial engine oils
4.2.7.1 Market estimates and forecast, 2012 – 2022
4.2.7.2 Market estimates and forecast, by region, 2012 – 2022
4.2.8 Others
4.2.8.1 Market estimates and forecast, 2012 – 2022
4.2.8.2 Market estimates and forecast, by region, 2012 – 2022
4.3 Commercial automotive
4.3.1 Market estimates and forecast, 2012 – 2022
4.3.2 Market estimates and forecast, by region, 2012 – 2022
4.3.3 Market estimates and forecast, by product, 2012 – 2022
4.3.4 Heavy Duty Engine Oil
4.3.4.1 Market estimates and forecast, 2012 – 2022
4.3.4.2 Market estimates and forecast, by region, 2012 – 2022
4.3.5 Hydraulic & transmission fluid
4.3.5.1 Market estimates and forecast, 2012 – 2022
4.3.5.2 Market estimates and forecast, by region, 2012 – 2022
4.3.6 Gear Oil
4.4.6.1 Market estimates and forecast, 2012 – 2022
4.4.6.2 Market estimates and forecast, by region, 2012 – 2022
4.3.7 Grease
4.3.7.1 Market estimates and forecast, 2012 – 2022
4.3.7.2 Market estimates and forecast, by region, 2012 – 2022
4.4 Consumer automotive
4.4.1 Market estimates and forecast, 2012 – 2022
4.4.2 Market estimates and forecast, by region, 2012 – 2022
4.4.3 Market estimates and forecast, by product, 2012 – 2022
4.4.4 Passenger vehicle & motor oil
4.4.4.1 Market estimates and forecast, 2012 – 2022
4.4.4.2 Market estimates and forecast, by region, 2012 – 2022
4.4.5 Automatic transmission fluid
4.4.5.1 Market estimates and forecast, 2012 – 2022
4.4.5.2 Market estimates and forecast, by region, 2012 – 2022
4.4.6 Gear oil
4.4.6.1 Market estimates and forecast, 2012 – 2022
4.4.6.2 Market estimates and forecast, by region, 2012 – 2022
4.4.7 Grease
4.4.7.1 Market estimates and forecast, 2012 – 2022
4.4.7.2 Market estimates and forecast, by region, 2012 – 2022
Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/marine-lubricants-market
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
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Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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