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Lubricants Market Detailed Analysis 2020-2025: Royal Dutch Shell, ExxonMobil, BP PLC, Chevron Corporation, Total S.A, Petrochina Company Limited, Idemitsu Kosan Co ltd, Fuchs Petrolub AG, Valvoline and Others.

07-01-2020 11:59 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ReportsandReports

Lubricants Market Detailed Analysis 2020-2025: Royal Dutch

The report titled “Lubricants Market” sheds a concentrated focus on the Lubricants industry in terms of market driver, opportunities, restraints of global segmentation. Further data on the reports also includes demographic conditions, over-turning changing business cycles and analyzing country-to-market.

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The Global Lubricants Market size is projected to reach USD 182.6 Billion by 2025 from USD 157.6 Billion in 2020, at a CAGR of 3.0%.

Top Companies Profiled in the Lubricants Market:
• Royal Dutch Shell (Netherlands)
• ExxonMobil (U.S.)
• BP PLC (U.K.)
• Chevron Corporation (U.S.)
• Total S.A. (France)
• Petrochina Company Limited (China)
• Idemitsu Kosan Co. Ltd. (Japan)
• Sinopec Limited (China)
• Fuchs Petrolub AG (Germany)
• Valvoline (U.S.)
• Lukoil (Russia)
• Petronas (Malaysia)
• Gazprom Neft (Russia)
• Pertamina (Indonesia)

“Mineral oil was the largest segment of the lubricants market.”
Mineral oil was the largest segment in the global lubricants market in 2019. The easy availability and low cost of mineral oil-based lubricants are expected to drive the market in the transportation application. Moreover, this segment is expected to be driven by the increasing demand from Asia-Pacific and the Middle East & Africa.

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“Engine oil to be the largest type segment in the global lubricants market.”
Engine oil was the largest segment in the global lubricants industry, by product type in 2019. Its wide usability coupled with the rising demand from the transportation industry, construction & mining industry, especially from construction & mining vehicles and equipment drives the growth of the segment.

“Transportation was the largest end-use industry in the global lubricants market.”
The need for lubricants is high in the transportation sector. The rising number of on-road vehicles, especially in China, India, and ASEAN, are the major factors contributing to the growth of this segment. Another factor associated with this growth is the growing emphasis on logistics and supply chain requirements for various industrial units.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1 - 69%, Tier 2 - 23%, and Tier 3 - 8%
• By Designation: C-Level - 23%, Director Level - 37%, and Others - 40%
• By Region: North America - 32%, Europe - 21%, APAC - 28%, South America - 12%, Middle East & Africa - 7%,

Competitive Landscape of Lubricants Market:
1 Overview
2 Competitive Leadership Mapping (Overall Market)
2.1 Innovators
2.2 Visionary Leaders
2.3 Emerging Companies
2.4 Dynamic Differentiators
3 Strength Of Product Portfolio
4 Business Strategy Excellence
5 Competitive Leadership Mapping (Mse)
5.1 Progressive Companies
5.2 Responsive Companies
6 Strength Of Product Portfolio
7 Business Strategy Excellence
8 Market Share Of Key Players
8.1 Royal Dutch Shell
8.2 Exxonmobil Corporation
8.3 Bp P.L.C.
9 Competitive Situation And Trends
9.1 Expansion
9.2 Contract & Agreement
9.3 Acquisition
9.4 Joint Venture
9.5 New Product Launch

Research Coverage:
This report segments the market for lubricants based on base oil, product type, end-use industry, and region, and provides estimations for the overall market size across various regions. A detailed analysis of key industry players has been conducted to provide insights into their business overviews, products & services, key strategies associated with the market for lubricants.

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