Press release
Global Industrial Lubricant Market to grow a CAGR of 3.03% during the period 2017-2022: Industry Analysis, Opportunities and Forecast to 2017-2022
A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Industrial Lubricant Market By Product Base Oil (Mineral, Synthetic, Bio-based), By Type (Process Oil, General Industrial Lubricants, Metal Working Fluid, Industrial Engine Oil, Others), By Industry Application (Automotive, Power, Marine, Manufacturing, Mining, Others), By Region (North America, South America, Europe, Asia Pacific, Middle East & Africa) and By Country (U.S., Canada, Brazil, Germany, France, U.K., China, India, Japan, Egypt, Saudi Arabia).
Rapid industrialization and increasing demand has raised the production rate in almost every manufacturing company, globally. Industries are now therefore more concerned with the maintenance of machinery to provide better quality product. This has escalated the demand of lubricants. Moreover with the need of enhanced lubricants to work under extreme conditions, its new technology will drive the market in coming future.
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Global Industrial Lubricant Market: Analysis By Product Base Oil (Mineral, Synthetic, Bio-based), By Type (Process Oil, General Industrial Lubricants, Metal Working Fluid, Industrial Engine Oil, Others), By Industry Application (Automotive, Power, Marine, Manufacturing, Mining, Others), By Region (North America, South America, Europe, Asia Pacific, Middle East & Africa), By Country (U.S., Canada, Brazil, Germany, France, U.K., China, India, Japan, Egypt, Saudi Arabia): (2012-2022).
According to Azoth Analytics research report, “Global Industrial Lubricant Market: Analysis By Product Base Oil, By Type, By Industry Application, By Region, By Country: Opportunities and Forecast (2017-2022) - By Base Oil (Mineral, Synthetic, Bio-based), By type (Process Oil, General Industrial Lubricants, Metal Working Fluid, Industrial Engine Oil), By Application (Automotive, Power, Marine, Manufacturing, Mining)”, global market is projected to display a growth represented by a CAGR of 3.03% during 2017 – 2022, chiefly driven by the rapid growth in industries and automotive sector. The new emerging industries like Mining, Marine, etc. along with the increase in manufacturing companies, both in developed and developing countries are driving the demand of high quality lubricants due to the growing presence of synthetic and bio lubricants in the market.
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Table of Contents
1. Research Methodology
2. Executive Summary
3. Strategic Recommendations
3.1. New additives to enhance synthetic lubricants
3.2. Growth in Biodegradable lubricants
3.3. Asia Pacific Region to witness the fastest growth in Industrial Lubricant Market in the forecast period
4. Industrial Lubricant Outlook
5. Global Industrial Lubricant Market: Growth and Forecast
5.1. By Value (2012-2016)
5.2. By Value (2017-2022)
6. Global Industrial Lubricant Market- Segment Breakdown
6.1. Global Industrial Lubricant Market-By Product: Breakdown (%)
6.1.1. Global Industrial Lubricant Market Size, By Product, 2016 (%)
6.1.2. Global Industrial Lubricant Market Size, By Product, 2022 (%)
6.2. Global Industrial Lubricant Market- By Product
6.2.1. By value (2012-2022)
6.3. Global Industrial Lubricant Market- By Type
6.3.1. By value (2012-2022)
6.4. Global Industrial Lubricant Market- By Application
6.4.1. By value (2012-2022)
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