Press release
Biolubricants Market - By Types, Applications, End Use & Geography Analysis Report 2014-2021
Biolubricants are natural lubricating chemicals extracted from animal fat, sunflower, soybean and rapeseed. Derived from natural sources, these lubricants are non-toxic and biodegradable in nature. However, they can also be made from biodegradable synthetic materials. The BioPreferred Program managed by USDA (U.S. Department of Agriculture) and The Vessel General Permit regulated by US EPA have been a major support behind the growth of the biolubricants market in North America.
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Three classes of biolubricants are available in the market, they can be vegetable oil based, animal fat based or based on other sources. They find applications in hydraulic fluids, metalworking fluids, chainsaw oils and mold release agents. The end-user industries for the global biolubricants market include general industries, commercial transport sector and consumer automobile industries. Consumer automobile industries are the leading end-users of the global biolubricants market. In that regards, metalworking fluids and chainsaw fluids are the leading product segments followed by hydraulic fluids.
The eco-friendly nature of biolubricants has majorly promoted the growth of the global biolubricants market. However, high cost of the biolubricants as compared to the mineral oil lubricants is a currently restraining the growth of this market. Moreover, there is a need for process optimization to reduce overall cost of the final product. Besides, the consumers in developing countries are also hesitant to switch over from mineral oil lubricants to lubricants due to cost-related reasons. This is limiting down the market of biolubricants to developed countries only. In spite of all this, process optimization and support from various government bodies can greatly improve the growth of this market.
The report covers following company profiles (can be customized as per requirement):
> United Bio Lube
> Royal Dutch Shell plc
> Albemarle Corp.
> Exxon Mobil Corp.
> Rowe Mineralo Werk GmbH
> BP plc
> Total SA
> Binol Biolubricants
> Emery Oleochemicals
> RSC Bio Solutions LLC
> Fuchs Petrolub AG
> Chevron Corp.
> Kluber Lubrication Munchen Se & Co. KG
> Panolin AG
> Green Earth Technologies Inc.
DecisionDatabases is involved in providing research reports and company profiles in the global biolubricants market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The biolubricants market is segmented based on the global applications, geographic presence, by products and ingredients. We offer an inclusive category-specific market outlook. We provide access to a comprehensive collection of companies in the industry. The companies can strategize and execute business operations through our competitor analysis. Find the global industry analysis, market size, share, growth, and trends information in our biolubricants profiles.
Table Of Contents - Overview
1. Introduction
2. Executive Summary
3. Market Analysis Of Biolubricants
4. Biolubricants Market Analysis By Types
5. Biolubricants Market Analysis By Application
6. Biolubricants Market Analysis By End-Use
7. Biolubricants Market Analysis By Region
8. Competitive Landscape Of Biolubricants Companies
9. Company Profiles Of Biolubricants Industry
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