Lubricating Oils and Greases refer to an oily substance that is used to cover or treat machinery so as to lessen friction
With the expansion of the passenger vehicles segment, there has been a rise in demand for high-quality automotive lubricants with better fuel efficiency and lower emissions. Government schemes in emerging economies, such as the “Make in India” program initiated by the Indian government, have attracted high foreign investments across the automotive industry. This has further boosted demand for lubricants.
Stable base oil production across regions has stimulated feedstock security among blenders in the recent past. Stable supply would thereby address profitability concerns of manufacturers, thereby positively influencing industry competition. Moreover, recovering end-use industries are likely to drive sales of lubricating oil, which is slated to provide equilibrium to the supply-demand scenario.
In addition, high growth in the base oil market, rapid industrialization, burgeoning population and urbanization, and high growth in major end-use industries such as textiles, chemicals, food processing, and metalworking are some other factors driving industry growth.
In 2019, the market size of Lubricating Oils and Greases is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Lubricating Oils and Greases.
This report studies the global market size of Lubricating Oils and Greases, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Lubricating Oils and Greases production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Shell (The Netherlands)
BP Plc (UK)
Chevron Corporation (US)
ConocoPhillips Lubricants (US)
Exxon Mobil Corporation (US)
Esso S.A.F. (France)
Fuchs Petrolub AG (Germany)
Idemitsu Kosan Co., Ltd. (Japan)
IndianOil Corporation Ltd. (India)
LUKOIL Oil Company (Russia)
JX Nippon Oil & Energy Corporation (Japan)
Ashland, Inc. (US)
Valvoline (US)
Sinopec Corporation (China)
Total S.A. (France)
Market Segment by Product Type
Oil
Grease
Market Segment by Application
Automobile
Industry
Aerospace
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Lubricating Oils and Greases status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Lubricating Oils and Greases manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Lubricating Oils and Greases are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Lubricating Oils and Greases. Industry analysis & Market Report on Lubricating Oils and Greases is a syndicated market report, published as Global (United States, European Union and China) Lubricating Oils and Greases Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Lubricating Oils and Greases market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.