Lubricant Packaging Market to garner sizable returns from the automotive sector, sustainability notion to drive the industry landscape over 2019-2026
Valvoline's initiative highlights the appreciable developments prevalent in lubricant packaging industry, prominent among them being, the efforts taken by companies to design products as per consumer requirements. Moreover, lubricant manufacturers are also working continuously to incorporate barrier properties in the packaging materials to maintain the integrity of high-performance lubricants, engine oils, and fuel additives. Estimates claim that in 2016, lubricant packaging market size was pegged at a revenue of USD 11 billion.
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Top key Players - Perusahaan Jaya Plastik (M) Sdn Bhd, Balmer Lawrie & Co. Ltd, Duplas Al Sharq L.L.C., Glenroy, Inc., Greif, Inc., Martin Operating Partnership L.P., Mauser Group B.V., Mold Tek Packaging, Ltd., Milford Barrel, Neelkamal Plastics, Time Technoplast Ltd, SCHüTZ GmbH & Co., KGaA, BWAY Corporation (Stone Canyon Industries, LLC), Universal Lubricants (A PetroChoice Company), Sicagen, Scholle IPN, NYE Lubricants.
The rising awareness about the hazardous impact of industrial wastes on the environment has prompted most of the players in lubricant packaging industry to shift their focus on eco-friendly packaging. On these grounds, it has been observed that the latest trend proliferating this business space is that of lubricant pouches, that are designed to be rather eco-friendly, especially when compared to their plastic counterparts.
Furthermore, these pouches generate less carbon emissions, produce commendably less landfill waste, and lead to a significantly high product-to-package ratio. In consequence, major players in lubricant packaging market have been striving to manufacture newer pouches endowed with an even more appreciable range of environment-friendly benefits. Driven by a considerably strict regulatory landscape, in tandem with the numerous efforts undertaken by industry giants, lubricant packaging market size has been forecast to surpass a valuation of USD 15 billion by 2026.
Leading Market Regions:
- MEA Advanced Glass Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)
- North America Advanced Glass Market (United States, Canada, Mexico)
- APAC Advanced Glass Market (China, Japan, Korea, India, Southeast Asia)
- South America Advanced Glass Market (Brazil, Argentina, Colombia)
- Europe Advanced Glass Market (Germany, UK, France, Russia, Italy)
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Some Notable Report Offerings
1. A detailed introduction of the Advanced Glass market inclusive of the progress as well as the scenario of the market.
2. The production technique of the Advanced Glass along with research and patterns observed.
3. A detailed study of the top players of the global Advanced Glass market - information includes the company profile, manufacturer data, contact information, and information about commodities.
4. An intense scrutiny of the Global Advanced Glass market potential, as well as the production costs, opportunities, prices, and revenue.
5. A detailed survey of the Advanced Glass Market - including the deployment, comparison, import and export patterns, and usage.
6. An in-depth survey of the Advanced Glass market with respect to the present market scenario as well as the industry status pertaining to the competitive landscape
7. 2020-2026 - Forecast of the worldwide Advanced Glass Market, pertaining to the parameters of valuation, remuneration, supply, requirement, market segments, and import, and export.
8. Current parameters impacting the regional markets - Europe, APAC, South America, and North America.
9. Advanced Glass Market Forecast - including Primary Resources, Industry Chain Pattern, manufacturing sector.
10. The study explores the companies operating in the global Advanced Glass market.
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