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.
The global Lubricating Oils and Greases market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Lubricating Oils and Greases volume and value at global level, regional level and company level. From a global perspective, this report represents overall Lubricating Oils and Greases market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Lubricating Oils and Greases in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Lubricating Oils and Greases manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers 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)
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Oil
Grease
Segment by Application
Automobile
Industry
Aerospace
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 Lubricating Oils and Greases Market Professional Survey Report 2019. 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.