Global Lubricants Market by Type, Applications, Additives and Region - Forecast to 2025


Dublin, Dec. 14, 2018 (GLOBE NEWSWIRE) -- The "Global Lubricants Market, by Type, by Applications, by Additives, by Region; Size and Forecast, 2018-2025" report has been added to ResearchAndMarkets.com's offering.

Global Lubricants Market report provides analysis for the period 2014-2025, wherein the period from 2018 to 2025 is the forecast period and 2017 is base year. The market study reveals that the Global Lubricants Market is expected to grow over a CAGR of 3.5% during 2018-2025 in terms of value.

The increasing number of passenger vehicle, commercial vehicle, and growth in the aviation and marine industries are expected to drive the lubricants market, globally.

The industrial sector growth is propelled by strong global trade, rising commodity prices and supportive domestic policies in developing economies like India, China, Indonesia and South Korea markets. Thus, Strong domestic growth, chiefly GDP growth fueled by private consumption and fixed investment has accelerated industrial sector progress which has positively influenced application of lubricants in industrial sector.

Select Findings

  • Synthetic Lubricants segment is expected to grow at a rapid pace with a significant CAGR of 6.3% during the anticipated period owing to its better viscosity stability in extreme temperature conditions. Synthetic lubricants are manufactured by the combination of base oil and additives. Synthetic lubricants have enhanced quality and have several advantages over other conventional mineral-based lubricants. Synthetic lubricants help to increase the durability of the machineries and equipment.
  • General Industrial Oil & Process Oil Application is expected to grow with a CAGR of 4.4% during the forecast period. General Industrial oils are being increasingly used across several industrial applications as well in areas such as air compressors, auxiliary equipment, bearings, food machinery, gas engines, etc. Process oils increase the performance of rubber and tire products and provide high stability, with a relative inertness towards curing additives. Process oils have low volatility, and high viscosity and plasticity.
  • Middle-East & Africa is the fastest growing market for lubricants across the globe with a CAGR of 4.42%. The Middle East & Africa lubricants market is projected to grow exponentially in the next five years. The demand for Middle East & Africa lubricants is increasing and will continue to increase due to the tremendous growth in the transportation and industrial sector. The development of the tourism, mining, quarrying industries in Africa and crude oil and natural gas exploration, construction industries in the Middle East is significantly contributing to the increase in lubricants consumption in the region.

Key Stakeholders

  • ExxonMobil Corporation
  • British Petroleum
  • Royal Dutch Shell
  • Total S.A.
  • Chevron

Companies in this industry are following different strategies to strengthen their market position. For instance, In April, 2018 Exxon Mobil has acquired the PT Federal Karyatama, the Indonesian manufacturer and marketer of lubricant. It includes the oil brand, the distribution as well as the blending plant. It strengthens the footprint of Exxon in Indonesia. They have a defined line of work and work close to consumer demands, thereby establishing a sustainable market across the globe.

Topics Covered

1. Research Framework
1.1. Market Definition and Product Overview
1.2. Market Segmentation

2. Research Methodology

3. Executive summary

4. Industry Insights
4.1. Industry ecosystem analysis
4.1.1. Vendor matrix
4.2. Raw Material Analysis
4.3. Industry impact and forces
4.3.1. Growth drivers
4.3.2. Restraints
4.4. Pricing Analysis
4.5. Technological Landscape
4.6. Regulatory framework
4.7. Company market share analysis, 2017
4.8. Growth potential analysis, 2017
4.9. Porter's Five forces analysis
4.10. PESTEL analysis

5. Global Lubricants Market Overview
5.1. Market Size & Forecast
5.2. Market Share & Forecast

6. Lubricants Market, By Types
6.1. Key Lubricant Types Trends
6.2. Mineral Oil
6.3. Synthetic lubricants
6.4. Greases
6.5. Bio-Based Lubricants

7. Lubricants Market, By Applications
7.1. Key Application Trends
7.2. Engine Oils
7.3. Gear Oils
7.4. Transmission & Hydraulic Fluid
7.5. General Industrial Oils
7.6. Process Oils
7.7. Metalworking Fluids
7.8. Others

8. Lubricants Market, By Additive
8.1. Key Additive Trends
8.2. Dispersants
8.3. Viscosity Index Improvers
8.4. Detergents
8.5. Anti-Wear Additives
8.6. Antioxidants
8.7. Friction Modifiers
8.8. Others

9. Lubricants Market, By Region
9.1. Key Regional trends
9.2. North America
9.3. Europe
9.4. Asia Pacific
9.5. LATAM
9.6. Middle East & Africa (MEA)

10. Company Profiles
10.1. ExxonMobil Corporation
10.2. British Petroleum
10.3. Royal Dutch Shell
10.4. Total S.A.
10.5. Chevron
10.6. Pennzoil
10.7. Amsoil Inc.
10.8. Castrol
10.9. Valvoline International Inc.
10.10. PetroChina
10.11. Sinopec Corp.
10.12. Idemitsu Kosan Co. Ltd.
10.13. Lukoil
10.14. Petronas Lubricant International
10.15. Fuchs Group

For more information about this report visit https://www.researchandmarkets.com/research/h6wdkz/global_lubricants?w=12

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.


            

Contact Data