Press release
Asphalt, Lubricating Oil And Grease Market 2022 Latest Insights, Growth Rate, Future Trends and Forecast | Key Players : Exxon Mobil, Royal Dutch Shell, Saudi Aramco, BP plc, Glencore International, Guardian Industries
Asphalt, Lubricating Oil And Grease Market
The regions covered in the asphalt, lubricating oil and grease market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest asphalt, lubricating oil and grease share.
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The asphalt, lubricating oil and grease market consists of sales of asphalt, lubricating oil and grease by entities (organizations, sole traders or partnerships) that produce block asphalt, asphalt paving mixture, asphalt shingle, coating materials, petroleum lubricating oil and grease. Asphalt is a sticky, black and highly viscous liquid or semi-solid form of petroleum used for surfacing roads, flooring, and roofing.
Key competitors in the asphalt, lubricating oil and grease market include Exxon Mobil, Royal Dutch Shell, Saudi Aramco, BP plc, Glencore International, Guardian Industries, LLC, Owens Corning, Suncor Energy Inc, Husky Energy Inc, and CRH plc.
The global asphalt, lubricating oil and grease market size is expected to grow from $226.73 billion in 2021 to $269.76 billion in 2022 at a compound annual growth rate (CAGR) of 19.0%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The asphalt, lubricating oil, grease market is expected to reach $541.58 billion in 2026 at a CAGR of 19.0%.
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TBRC's report segments the global asphalt, lubricating oil and grease market:
1) By Type: Asphalt, Other Petroleum Products
2) By Application: Roadways, Waterproofing, Recreation, Others
3) By End-Use Industry: Power Generation, Transport, Metallurgy and Metalworking, Food and Beverage, Chemical, Others
Read Further On The Asphalt, Lubricating Oil And Grease Market Here:
https://www.thebusinessresearchcompany.com/report/asphalt-lubricating-oil-and-grease-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Report Structure
3. Asphalt, Lubricating Oil And Grease Market Characteristics
4. Asphalt, Lubricating Oil And Grease Market Product Analysis
5. Asphalt, Lubricating Oil And Grease Market Supply Chain
.....
22. Key Mergers And Acquisitions In The Asphalt, Lubricating Oil And Grease Market
23. Market Background: Oil Downstream Activities Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
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