News

Lubricants Market Report 2020: Global Industry Size Analysis by Value Chain, SWOT Analysis, Drivers and Opportunities by Region and Forecast to 2024

Lubricants

The “Lubricants Market” report 2020 covers all the significant developments which are recently being adopted across the global market. The prime objective of the Lubricants market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends, and opportunities. The Lubricants market report covers both the demand and supply aspects of the market. The report also highlighted the future trends in the Lubricants market that will impact the demand during the forecast period.

Scope of the Report:

This report studies the global Lubricants market size, industry status and forecast, competition landscape and growth opportunity.

Get a Sample Copy of the Report – https://www.industryresearch.co/enquiry/request-sample/14245012

Market Overview:

  • The market for lubricants is expected to register a CAGR of 2.18% during the forecast period (2019-2024). The major factor driving the market studied is the increasing demand for, and the usage of ,high-performance lubricants (owing to their better and improved properties, such as reduced flammability, reduced gear wear, and increased service life). However, increasing drain intervals in the automotive and industrial sectors are expected to hinder the growth of the market studied.
  • – Engine oil dominated the market in 2018, and is expected to grow during the forecast period, as it is widely used to lubricate internal combustion engines.
  • – Growing prominence for bio-lubricants is likely to act as an opportunity in the future.
  • – Asia-Pacific dominated the market across the world, with the largest consumption coming from the countries, such as China and India.<

    Some of the Top Key Players of Lubricants Market Report Are:

  • Amsoil Inc.
  • BASF SE
  • Bechem
  • Bharat Petroleum Corporation Limited
  • BP PLC
  • Blaser Swisslube AG
  • Caltex Australia Group
  • China National Petroleum Corporation (PetroChina)
  • China Petroleum & Chemical Corporation (Sinopec)
  • Chemtura Corporation
  • Chevron USA Inc.
  • Eni SpA
  • Exxon Mobil Corporation
  • Fuchs
  • Gazprom Neft PJSC
  • Gulf Oil Corporation Limited
  • HPCL
  • Idemitsu Kosan Co. Ltd
  • Indian Oil Corporation Ltd
  • ITW (ROCOL)
  • JX Nippon Oil & Energy Corporation
  • Kluber Lubrication
  • Lukoil Lubricants Company
  • Motul
  • Pertamina
  • Petrobras
  • Petrofer Chemie HR Fischer GmbH + Co. KG
  • Petronas Lubricants International
  • Phillips 66 Lubricants
  • Repsol
  • Royal Dutch Shell PLC
  • SK Lubricants
  • Tide Water Oil Co. (India) Ltd
  • Total Lubricants
  • Valvoline LLC

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    For More Information or Query or Customization Before Buying, Visit athttps://www.industryresearch.co/enquiry/pre-order-enquiry/14245012

    Key Market Trends:

    Demand from the Growing Wind Energy Sector

    – Gear oils find application in wind turbines, for lubrication of the main gearbox and other gear motor components.
    – The lubricant requirements in wind turbine gearboxes are more stringent, compared to other industrial gear oils. This is because of the high temperatures, bearing wear, corrosion and oxidation, and load weights involved during the process of power generation.
    – There is a rising demand for synthetic gear oils in wind turbines, due to their enhanced properties, over their mineral-based counterparts, owing to the performance additives used during the formulation of synthetic oils, as per the requirement.
    – Power generation from wind energy is growing at a rapid pace, globally, with continuously increasing installed capacities of wind turbines every year.
    – The decrease in prices in the offshore industry has been one of the major contributors to the growth of the wind power generation market, by generating investments in the offshore industries in the European, North American, and Asia-Pacific regions.
    – According to the Global Wind Energy Council, the cumulative wind power capacity is expected to reach over 790 GW by 2020, with healthy YoY growth rates.
    – Despite facing competition from solar power generation, the wind power sector is expected to continue its growth during the forecast period. This, in turn, is expected to boost the demand for gear oil and overall lubricants in a significant manner.

    Asia-Pacific Region to Dominate the Market

    The Asia-Pacific region dominated the global market share in 2018. With growing automotive production and the increasing need for wind power in countries, such as China, India, and Japan, the usage of lubricants is increasing in the region. China is the largest lubricant consumer in the region, and the world, followed by the United States. Apart from automotive and wind power, the chemical manufacturing is another prominent end-user industry in China. Many major companies in the market have their chemical plants in China. These companies have increased their production capacities, which, in turn, may increase the consumption of lubricants. India was the world’s fifth-largest and sixth-largest producer of commercial vehicles and passenger cars, respectively, in 2018, and the automotive sector accounts for the largest share of the lubricant consumption in India. This can be majorly attributed to the diverse aftermarket sales of lubricants in the country. Major OEM manufacturers rely on agreements with different lubricant producers during production ,as well as the aftermarket service. Apart from the existing tie-ups, recent tie-ups made by few manufacturers in the sector are expected to boost the lubricants supplied through this route in India. The aforementioned factors in China and India are contributing to the increasing demand for lubricants consumption in the region, during the forecast period.

    The Report Covers:

    • Comprehensive research methodology of Lubricants market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Lubricants market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

    Purchase this Report (Price 6250 USD for single user license) – https://www.industryresearch.co/purchase/14245012

    Detailed TOC of Lubricants Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Drivers
    4.1.1 Increasing Usage of High-performance Lubricants
    4.1.2 Demand from the Growing Wind Energy Sector
    4.1.3 Expansion of the Global Cold Chain Market
    4.1.4 Stupendous Growth Rates in Sales of Lubricants
    4.2 Restraints
    4.2.1 Increasing Drain Intervals in the Automotive and Industrial Sectors
    4.2.2 Modest Impact of Electric Vehicles (EVs) in the Future
    4.3 Industry Value Chain Analysis
    4.4 Porters Five Forces Analysis
    4.4.1 Bargaining Power of Suppliers
    4.4.2 Bargaining Power of Consumers
    4.4.3 Threat of New Entrants
    4.4.4 Threat of Substitute Products and Services
    4.4.5 Degree of Competition
    4.5 Regulatory Policy Analysis

    5 MARKET SEGMENTATION
    5.1 By Group
    5.1.1 Group I
    5.1.2 Group II
    5.1.3 Group III
    5.1.4 Group IV
    5.1.5 Group V
    5.2 By Base Stock
    5.2.1 Bio-based Lubricant
    5.2.2 Mineral Oil Lubricant
    5.2.3 Synthetic Lubricant
    5.2.4 Semi-synthetic Lubricant
    5.3 By Product Type
    5.3.1 Engine Oil
    5.3.2 Transmission and Hydraulic Fluid
    5.3.3 Metalworking Fluid
    5.3.4 General Industrial Oil
    5.3.5 Gear Oil
    5.3.6 Grease
    5.3.7 Process Oil
    5.3.8 Other Product Types
    5.4 By End-user Industry
    5.4.1 Power Generation
    5.4.2 Automotive and Other Transport
    5.4.3 Heavy Equipment
    5.4.4 Food and Beverage
    5.4.5 Metallurgy and Metalworking
    5.4.6 Chemical Manufacturing
    5.4.7 Other End-user Industries [Packaging, Oil and Gas (Drilling Fluids)]
    5.5 Geography
    5.5.1 Asia-Pacific
    5.5.1.1 China
    5.5.1.2 India
    5.5.1.3 Japan
    5.5.1.4 South Korea
    5.5.1.5 ASEAN Countries
    5.5.1.6 Rest of Asia-Pacific
    5.5.2 North America
    5.5.2.1 United States
    5.5.2.2 Canada
    5.5.2.3 Mexico
    5.5.2.4 Rest of North America
    5.5.3 Europe
    5.5.3.1 Germany
    5.5.3.2 United Kingdom
    5.5.3.3 Italy
    5.5.3.4 France
    5.5.3.5 Russia
    5.5.3.6 Turkey
    5.5.3.7 Spain
    5.5.3.8 Rest of Europe
    5.5.4 South America
    5.5.4.1 Brazil
    5.5.4.2 Argentina
    5.5.4.3 Chile
    5.5.4.4 Colombia
    5.5.4.5 Rest of South America
    5.5.5 Middle East
    5.5.5.1 Saudi Arabia
    5.5.5.2 Iran
    5.5.5.3 Iraq
    5.5.5.4 UAE
    5.5.5.5 Kuwait
    5.5.5.6 Rest of Middle East
    5.5.6 Africa
    5.5.6.1 Egypt
    5.5.6.2 South Africa
    5.5.6.3 Nigeria
    5.5.6.4 Algeria
    5.5.6.5 Morocco
    5.5.6.6 Rest of Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Market Share Analysis**
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Amsoil Inc.
    6.4.2 BASF SE
    6.4.3 Bechem
    6.4.4 Bharat Petroleum Corporation Limited
    6.4.5 BP PLC
    6.4.6 Blaser Swisslube AG
    6.4.7 Caltex Australia Group
    6.4.8 China National Petroleum Corporation (PetroChina)
    6.4.9 China Petroleum & Chemical Corporation (Sinopec)
    6.4.10 Chemtura Corporation
    6.4.11 Chevron USA Inc.
    6.4.12 Eni SpA
    6.4.13 Exxon Mobil Corporation
    6.4.14 Fuchs
    6.4.15 Gazprom Neft PJSC
    6.4.16 Gulf Oil Corporation Limited
    6.4.17 HPCL
    6.4.18 Idemitsu Kosan Co. Ltd
    6.4.19 Indian Oil Corporation Ltd
    6.4.20 ITW (ROCOL)
    6.4.21 JX Nippon Oil & Energy Corporation
    6.4.22 Kluber Lubrication
    6.4.23 Lukoil Lubricants Company
    6.4.24 Motul
    6.4.25 Pertamina
    6.4.26 Petrobras
    6.4.27 Petrofer Chemie HR Fischer GmbH + Co. KG
    6.4.28 Petronas Lubricants International
    6.4.29 Phillips 66 Lubricants
    6.4.30 Repsol
    6.4.31 Royal Dutch Shell PLC
    6.4.32 SK Lubricants
    6.4.33 Tide Water Oil Co. (India) Ltd
    6.4.34 Total Lubricants
    6.4.35 Valvoline LLC

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS
    7.1 Industrial Growth in Middle East & Africa
    7.2 Growing Prominence for Bio-Lubricants
    7.3 Shift of Manufacturing Bases to Asia

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

    Our Other Reports:

    Application Security Market Size Report Forecast 2020 – 2024 Business Revenue, Opportunities, Future Growth, Trends Plans, Top Key Players, Global Analysis by Share

    Metallurgical Silicon (MG-Si) Market Size, Share | Growth Analysis by Revenue, Future Demand Status, Price Analysis by Types and Applications till 2020-2026

    Valve Remote Control Device Market Share, Top Manufacturers 2020 Future Growth Rate, Industry Size, Business Strategy, Demand Status by 2026 Research Includes COVID-19 Analysis

    Ferro Vanadium for Steel Market Share, Top Manufacturers 2020 Future Growth Rate, Industry Size, Business Strategy, Demand Status by 2026 Research Includes COVID-19 Analysis

    Dental Flowable Composite Materials Market Growth, Industry Trends 2020 Size by Regions, Global Industry Share, Sales Revenue and Opportunities till 2026 with COVID-19 Impact

    3D Printing for Automotive and Aerospace Market Size Analysis by Growth Factors 2020 Leading Manufacturers Analysis with Industry Share, Business Overview, Price, Revenue and Gross Profit Forecast by 2024