openPR Logo
Press release

Lubricant Evolving Technology, Trends and industry Analysis 2025

Lubricant Evolving Technology, Trends and industry Analysis

The global independent lubricant manufacturers market features a consolidated vendor landscape, wherein leading four companies collectively held almost 58% market share in 2016, as per a recent report by Transparency Market Research (TMR). Of them, Germany-based FUCHS alone contributed nearly 37% revenue generated in the overall market for independent lubricant manufacturers in 2016, pointing towards the stronghold of the company in the global market.

Browse Market Research Report: http://www.transparencymarketresearch.com/lubricant-market-opportunity-analysis-independent-manufacturers.html

Despite the stronghold of top vendors, the presence of a large number of small players stiffens competition in the global independent lubricant manufacturers market. Product pricing, innovative product offerings, and distribution channels are the key aspects that based on which companies in this market compete to garner larger market share. The emergence of bio-based lubricants and the vast growth opportunities on account of demand for these products is expected to intensify competition in the market.

Furthermore, penetration into high-growth emerging economies and development of environmentally sustainable products could be the most rewarding strategies for companies contending to establish their presence in the global independent lubricant manufacturers market.

TMR estimates that the global independent manufacturers market will reach a valuation of US$9,454.04 mn by the end of 2025 increasing from US$6,800.79 mn in 2016, at a CAGR of 3.80% between 2017 and 2025.

In 2016, the mineral lubricants product segment led the market holding a massive 60.8% share. However, the segment is expected to witness a nominal decline over the forecast period, on account of a notable rise of the synthetic lubricants product segment.

On the basis of geography, in 2016, Asia Pacific led the global independent lubricant manufacturers market in terms of revenue share, followed by North America.

Growth of Automotive Industry Catapults Demand for Lubricants

Some of the key factors driving growth of the global independent lubricant manufacturers market is the healthy growth of the automotive industry and immense demand for bio-based lubricants. The significant expansion of the automotive industry, which is one of the key end users of lubricants, predominantly in emerging economies due to a rapidly growing middle-class population and strengthening financial conditions is majorly fuelling the market’s growth.

The implementation of environment protection regulations across key regional markets has led to a massive demand for high-quality lubricants. With these regulations expected to remain in place in the forthcoming years, the trend is anticipated to have an immense positive impact on the growth of independent lubricant manufacturers market. Furthermore, environment protection stipulations is also expected to witness demand for bio-based lubricants, thereby presenting growth opportunities for independent lubricant manufacturers that offer bio-based products.

Get accurate market forecast and analysis on the Lubricant market. Request a sample to stay abreast on the key trends impacting this market @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1742

Fluctuating Feedstock Prices Impacting Profit Margins Favor Use of Low Cost Alternatives in Cost Sensitive Regions

On the flip side, however, fluctuating raw material prices is posing as a deterrent to the growth of independent lubricant manufacturers market. This is because fluctuations in feedstock prices inevitably affect pricing models and mostly lead to declined profit margins. Price related fluctuations mostly impact cost-sensitive regional markets, wherein consumers easily shift to cheaper alternatives.

Despite the palpable environment benefits of bio-based lubricants, their high costs is preventing consumers from buying these products and instead opt for conventional crude-oil based lubricants.

The review presented here is based on the findings of a report by Transparency Market Research, titled “Independent Lubricant Manufacturers Market (Type - Mineral Lubricants, Synthetic Lubricants, and Bio-based Lubricants; Application - Automotive, Aerospace, Marine, and Industrial) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

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 Lubricant Evolving Technology, Trends and industry Analysis 2025 here

News-ID: 701617 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Lubricant

Malaysia Automotive Lubricant Market
Automotive Lubricants Market in Malaysia is driven by the Growth in Number of Passenger Vehicles on Road and the rapidly increasing demand for High Performing Lubricants Despite their premium pricing: Ken Research Increase in income level generally in urban areas contributing towards increasing demand for Passenger Vehicles and a shift in preference to expensive synthetic and semi-synthetic lubricants have driven the market for Automotive Lubricants industry in recent years. A Significant growth
Automotive Lubricant Market: Demand for High Quality and Efficient Lubricant to …
The global automotive Lubricant market size is expected to reach USD 79.91 billion by 2026, exhibiting a CAGR of 1.58% during the forecast period. The growing adoption and popularity of synthetic Lubricant in the automotive sector will have a positive impact on the automotive Lubricant market growth during the forecast period. The growing innovation in Lubricant has improved the overall of quality, which has led to extended oil drain and
Water-based Personal Lubricant Market Report 2018: Segmentation by Product (Men' …
Global Water-based Personal Lubricant market research report provides company profile for Blossom Organics, Bodywise, Clean stream, Cumming Corporation, Good Clean Love, Hathor Professional Skincare, BioFilm, Church & Dwight, Reckitt Benckiser, Topco, Ansell and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR
Vietnam automobile lubricant market beckons
With automotive lubricant demand rising from 2.6 million liters (in 2015) to 4.1 million liters (in 2021), global and regional manufacturers are taking notice of the Vietnam market. How can brands win in this market? Leon Perera, Chief Executive Officer of Spire Research and Consulting, shared his insights on key trends in the Lube Report Asia magazine. With many players competing in the Southeast Asia market for motorcycle lubricants, leaders will
Sexual Lubricant Market - Water-based, Silicone - Based, Oil-based & Hybrid Lubr …
The global personal lube market is projected to grow from $953.27 million in 2016 to $1,412.38 million by 2022. The market is projected to grow at a CAGR of 6.77%. Arizton’s recent market research report on the global personal lube market segments the market by product type (water-based sexual lubricant, silicone-based sexual lubricant, oil-based sexual lubricant, and hybrid sexual lubricant), distribution channels (retail and online), and geography (North America, EMEA, APAC,
Water-based Personal Lubricant Segment to Dominate Global Sexual Lubricant Marke …
The water-based personal lubricant market is expected to account for 66.84% market share in 2022. Hybrid and silicone-based personal lubricants will be the fast-growing segments by 2022. Analyst at Arizton state that the hybrid and silicone-based personal lubricant markets are growing at a fast pace. However, the water-based personal lubricants segment will dominate the global sexual lubricant market during the period 2016−2022. Arizton has recently published an exclusive market analysis report titled