Press release
Synthetic Lubricants Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027
The global synthetic lubricants market was valued at $12 billion in 2018 and is expected to reach $18.8 billion in 2027, with a CAGR of 5% from 2021 to 2027. The growing demand of automotive manufacturers is expected to have a positive impact on the market. Growth over the forecast period. These groups of chemicals have numerous applications in the automotive sector in the form of diesel engine oils, gearbox lubricants and transmission oils in passenger and commercial vehicles and motorcycles. The superior performance of synthetic lubricants over mineral lubricants in terms of high temperature operating range, low friction and high load carrying capacity will further increase the demand.A full report of Synthetic Lubricants Market available at: https://www.orionmarketreports.com/synthetic-lubricants-market/25065/
Company Profiles
• British Petroleum
• Chevron Corporation
• Lanxess AG
• Valvoline
• Fuchs
• Pennzoil
• Kendall
• Motul
• Amsoil
• Agip
Synthetic Lubricants Market Segments:
By type
• Polyalphaolefin (PAo)
• Esters
• Polyalkylene glycol (PAG)
• Group III (Hydrocracking)
By Product Type
• Engine oil
• Hydraulic fluids
• Metalworking fluids
• Compressor oil
• Gear oil
• Refrigeration oil
• Transmission fluids
• Turbine oil
By End-Use Industry
• Construction
• Mining
• Metal Production
• Cement Production
• Power Generation
• Automotive Manufacturing
• Chemical
• Marine (Deck Manufacturing)
• Oil & Gas
• Textile
• Food Processing
• Others
Geographic Coverage
• North America Market Size and/or Volume
• Latin America Market Size and/or Volume
• Europe Market Size and/or Volume
• Asia-Pacific Market Size and/or Volume
• Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Synthetic Lubricants Market.
• The market share of the Synthetic Lubricants Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Synthetic Lubricants Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Synthetic Lubricants Market.
Recent Developments
• Market Overview and growth analysis
• Import and Export Overview
• Volume Analysis
• Current Market Trends and Future Outlook
• Market Opportunistic and Attractive Investment Segment
Key Questions Answered Synthetic Lubricants Market Report
• What was the Synthetic Lubricants Market in 2021 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Synthetic Lubricants Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Synthetic Lubricants Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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