Press release
Aviation Lubricants Market Worth $2.84 Billion by 2027 | What are the projections for the future that would help in taking further strategic steps?
According to the report published by Allied Market Research, the global aviation lubricants market estimated $2.24 billion in 2019, and is projected to reach $2.84 billion by 2027, manifesting a CAGR of 6.2% from 2020 to 2027.
Download Report Sample at https://www.alliedmarketresearch.com/request-sample/8295
COVID-19 Scenario:
• The aerospace industry was amongst the worst-hit industries during the pandemic. This in turn reduced the demand for aviation lubricants significantly.
• The outbreak of the pandemic led to suspend the manufacturing activities of lubricants. At the same time, disruptions in the supply chain resulted into a shortage of raw materials.
• As governments have allowed to restart domestic and international travel, the demand for aviation lubricants is expected to grow gradually.
•
Get Detailed COVID-19 Impact Analysis on the Aviation Lubricants Market Request Now!
The global aviation lubricants market is segmented into type, technology, end user, application, platform, and region. Based on type, the engine oil segment held the largest share in 2019, with nearly half of the global aviation lubricants market, and is anticipated to maintain its leadership status during the forecast period. On the other hand, the special lubricants & additives segment is estimated to manifest the fastest CAGR of 8.2% from 2020 to 2027. The report also involves hydraulic fluid and grease segments.
Based on technology, the market is segmented into mineral based and synthetic. The synthetic segment accounted for the highest share in 2019, with more than half of the global market, and would continue its dominance by 2027. At the same time, the mineral-based segment is estimated to manifest the highest CAGR of 6.8% during the forecast period.
Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/8295
Based on region, the global aviation lubricants market is studied across North America, Asia-Pacific, LAMEA, and Europe. The Asia-Pacific region held the largest revenue share, with nearly one-third of the global market in 2019, and would lead the trail during the forecast period. However, the market across LAMEA is expected to grow at the fastest CAGR of 8.0% from 2020 to 2027.
Leading market players in the global aviation lubricants market report include Exxon Mobil Corporation, Aerospace Lubricants, Inc., The Chemours Company, Royal Dutch Shell plc, NYCO, LANXESS, LUKOIL, Nye Lubricants, Inc., Eastman Chemical Company, ROCOL, and JET-LUBE.
Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/8295
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aviation Lubricants Market Worth $2.84 Billion by 2027 | What are the projections for the future that would help in taking further strategic steps? here
News-ID: 2247744 • Views: …
More Releases from Allied Market Research
At 4.1% CAGR Budget Hotels Market to Reach $430.9 billion, Globally, by 2032
According to the report, the global budget hotels market size was valued at $276.3 billion in 2022, and is projected to reach $430.9 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.
Request The Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/190458
A budget hotel is a type of hotel in the hospitality industry. Budget hotels cater to travelers who are looking for affordable accommodation options without compromising…
Surgical Dressing Market Updates : The Advanced Dressing Segment is Predicted to …
Allied Market Research published a report, titled, "Surgical Dressing Market by Dressing Type (Primary Dressing, and Secondary Dressing), By Product (Traditional Dressing, and Advanced Dressing), By End User (Hospitals, Ambulatory Surgical Centers, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2031 ". According to the report, the global surgical dressing market valued for $1.8 billion in 2021 and is estimated to reach $2.7 billion by 2031, exhibiting a CAGR of…
Baby Diapers Market to Expand at a CAGR of 5.3% will Reach US$ 80,994.0 million …
The global baby diapers market was valued at $48,913.4 million in 2020, and is projected to reach $80,994.0 million by 2030, registering a CAGR of 5.3%. Baby diaper is one of the most emerging markets among the baby care products owing to increase in health awareness among the customers.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/379
Moreover, increase in penetration of various online portals in developing regions and…
Sanitary Ware Market to See Exponential Growth, Expected to Reach $15.9 billion …
The sanitary ware market size was valued at $9 billion in 2022, and is estimated to reach $15.9 billion by 2032, growing at a CAGR of 6.1% from 2023 to 2032.
Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/3841
Bathroom fixtures and accessories with a focus on waste disposal and personal cleanliness are referred to as sanitary ware. Examples of sanitary ware include urinals, bidets, sinks, bathtubs, showers, and…
More Releases for Lubricants
Commercial Vehicle Lubricant Market Top Key Players – Repsol, Castrol, ELF Ind …
Lubricants are essential for modern life. Thanks to the sophisticated oil and grease integration, car engines and transmissions run smoothly.
Lubricants are great fluids. Irrespective of weather conditions, engine oil must operate reliably in the temperature range of 40°C to 250°C or higher (piston ring upper temperature). It must also withstand pressures of 105 to 109 Pascals and contaminants such as metal particles and soot.
Lubricants perform the main functions of…
Commercial Vehicle Lubricant Market Top Key Players – Repsol, Castrol, ELF Ind …
Lubricants are essential in modern life. Car machines and gearboxes run smoothly through the integration of advanced oils and fats. Lubricants are remarkable liquids. Regardless of the weather conditions, the engine oil must operate reliably at temperatures of 40 ° C to above 250 ° C - the temperature near the upper piston ring. It also has to deal with presses between 105 and 109 Pascacakes as well as contaminants,…
Commercial Vehicle Lubricant Market Top Key Players – Repsol, Castrol, ELF Ind …
Lubricating oils are essential to modern life. Automotive engines and gearboxes run smoothly due to the sophisticated oil and grease integration. Lubricating oil is an amazing fluid. Regardless of weather conditions, engine oil should operate stably at temperatures in the range of 250 ° C and above (the temperature near the upper piston ring) at 40 ° C. It also deals with pressures between 105 and 109 Pascals, as well…
Commercial Vehicle Lubricants Market Top Key Players – Repsol, Castrol, ELF In …
Lubricants are essential in modern life. Car engines and gearboxes run smoothly through integration of sophisticated oils and greases. Lubricants are remarkable fluids. Irrespective of weather conditions, the engine oil has to operate reliably over temperatures ranging from -40 °C to above 250 °C – the temperature near the top piston ring. It also has to cope with pressures between 105 and 109 pascals, as well as contaminants including metal…
Mosil Lubricants
Mosil Lubricants offers speciality lubrication solutions based on various product groups such as Moly, Graphites, Silicons, Synthetic Functional Fluids etc. by way of greases, oils, pastes, powders, aerosols, emulsions, cleaners etc. By product group we mean products with different consistencies and purposes, for example, an aerosol is a spray based product, used for the purpose of lubricating a particular type of machinery or hardware whereas cleaners are meant for maintaining…
Slideway Oils/Lubricants Market Trend Analysis | Lubricants NZ LTD, CONDAT , Roc …
Introduction:
The smooth and efficient functioning of industrial machines has led the manufacturers to opt for preventive maintenance measures to reduce operational costs as opposed to breakdown maintenance. Slideway oils/lubricants possess properties such as adhesion, anti-wear, and anti-slip. Slideway oils/lubricants are also expected to be resistant to foaming, corrosion, rusting, and oxidation. Since slideway oils/lubricants come in direct contact with industrial, processing, and metal working fluids, they should be readily demulsified…
