Lubricant is a substance, usually organic, introduced to reduce friction between surfaces in mutual contact, which ultimately reduces the heat generated when the surfaces move. It may also have the function of transmitting forces, transporting foreign particles, or heating or cooling the surfaces. The property of reducing friction is known as lubricity.
The mineral oil lubricants segment is projected to be the largest type segment of the agricultural lubricants market from 2018 to 2025. Mineral oil lubricants are light mixtures of alkanes and cyclic paraffins, and are available in light and heavy grades depending on the usage and requirement. The low cost and versatility of these lubricants is expected to drive the mineral oil lubricants type segment during the forecast period.
The engines segment is estimated to be the largest application segment of the agricultural lubricants market in 2017. The use of agricultural lubricants in engines helps protect against sludge and harmful deposits. In addition, the use of lubricants improves the fuel economy of agricultural equipment. Thus, heavy-duty engine oils in agricultural equipment improve engine life apart from delivering long drain capability to engines operating in severe applications.
Asia Pacific is expected to be the fastest-growing market for agricultural lubricants during the forecast period. For people in 60% of the countries in the Asia Pacific, agriculture is the prime occupation and source of living. India is the fastest growing market in this region as subsidies are provided by the Indian government to farmers to help them increase their agricultural output, and thus enable higher profits. This helps farmers in buying agricultural equipment, such as tractors and implements. India is the world’s largest producer of spices, jute, millets, and castor oil seed. It is also the second largest producer of wheat and rice, the main food staples in the world.
Global Agricultural Lubricant market size will increase to xx Million US$ by 2025, from xx Million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Agricultural Lubricant.
This report researches the worldwide Agricultural Lubricant market size (value, capacity, production and consumption) in key regions like United States, Europe, Asia Pacific (China, Japan) and other regions.
This study categorizes the global Agricultural Lubricant breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Exxonmobil
Shell
Chevron
Total
BP
Fuchs
Phillips 66
Exol Lubricants
Witham Oil and Paint
Rymax Lubricants
Cougar Lubricants
Schaeffer Manufacturing
Pennine Lubricants
Unil Lubricants
Royal Precision Lubricants
Crown Oil
Agricultural Lubricant Breakdown Data by Type
Mineral Oil Lubricant
Synthetic Lubricant
Bio-based Lubricant
Agricultural Lubricant Breakdown Data by Application
Engines
Gear & Transmission
Hydraulics
Greasing
Implements
Others
Agricultural Lubricant Production Breakdown Data by Region
United States
Europe
China
Japan
Other Regions
Agricultural Lubricant Consumption Breakdown Data by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Agricultural Lubricant capacity, production, value, consumption, status and forecast;
To focus on the key Agricultural Lubricant manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Agricultural Lubricant :
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Agricultural Lubricant . Industry analysis & Market Report on Agricultural Lubricant is a syndicated market report, published as Global Agricultural Lubricant Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Agricultural Lubricant market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.