Press release
Global Synthetic Lubricants Market Forcast To Grow At CAGR Of 3.17% Between 2017-2021
About Synthetic Lubricants Market
Increasing automation in the manufacturing and processing industries drives the consumption of high-performance lubricants. Long-lasting synthetic lubricants can withstand high temperature, pressure, and friction. Growing focus on energy efficiency and cleanliness drive the demand for synthetic lubricants in industries. Synthetic lubricants are oil-based and are made of various chemical compounds that are synthetically produced. The synthetic lubricants vary in their properties and compositions of chemicals and oils. They can be made from petroleum and petrochemical components that have unique chemical properties. Bio-based raw materials can also be used for producing synthetic lubricants.
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Technavios analysts forecast the global synthetic lubricants market to grow at a CAGR of 3.17% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global synthetic lubricants market 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Synthetic Lubricants Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
BP
Chevron
Exxon Mobil
Royal Dutch Shell
Total
Other prominent vendors
FUCHS
Idemitsu Kosan
Gulf Oil India
Lubrication Engineers
The Dow Chemical Company
Market driver
Increase in process automation
For a full, detailed list, view our report
Market challenge
Fluctuating prices of raw materials
For a full, detailed list, view our report
Market trend
Emergence of bio-based environment-friendly lubricants
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Market segmentation by type
Global synthetic lubricants market by type
Global synthetic lubricants market by PAO segment
Global synthetic lubricants market by esters segment
Global synthetic lubricants market by PAG segment
PART 07: Market segmentation by application
Global synthetic lubricants market by application
Global synthetic lubricants market by engine oils segment
Global synthetic lubricants market by heat transfer fluids segment
Global synthetic lubricants market by transmission fluids segment
Global synthetic lubricants market by metalworking fluids segment
Global synthetic lubricants market by others segment
PART 08: Geographical segmentation
Global synthetic lubricants market by geography
Synthetic lubricants market in EMEA
Synthetic lubricants market in Americas
Synthetic lubricants market in APAC
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Emergence of bio-based environment-friendly lubricants
Rising number of industry-specific products
Growing demand for synthetic lubricants in APAC
PART 12: Vendor landscape
Competitive landscape
Other prominent vendors
PART 13: Key vendor analysis
BP
Chevron
Exxon Mobil
Royal Dutch Shell
Total
PART 14: Appendix
List of abbreviations
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