Lubricating Oils Market 2022 - By Product, Research Scope, Data Analysis
ReportsWeb.com published “Lubricating Oils Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
(EMAILWIRE.COM, April 26, 2018 ) According to Publisher, the Global Lubricating Oils market is accounted for $38.5 million in 2015 and is expected to reach $47.7 million by 2022 growing at a CAGR of 3.1% from 2015 to 2022. Factors such as growing automobile industry, rapidly increasing industrialization & modernization of industrial machinery and globalization of technologies are propelling the market growth. Demand for low viscosity fluids in the automotive industry, deep sea marine lubricants, and recycling of used lubricants are expected to offer major growth opportunities for the lubricant manufacturers. Manufacturing sectors such as 3D printing and medical devices will further complement lubricants industry. However, the market faces a few restraints like volatility in raw material prices and high prices of synthetic & bio-based lubricants. Declining crude oil output, strict environmental regulations and aqueous toxicity of conventional products are expected to hamper market growth. Market would face unprecedented challenges caused by new engine oil specifications and new engine tests.
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The utilization of lubricating oils is the highest in the automotive industry. Industrial Machinery & Equipment represent major end user for the market due to improving manufacturing PMI and increased productivity. Rising construction and infrastructure sectors for hydraulic oil, bearings, engine oil has led to high demand for commercial automotive and consumer automotive segment. Asia Pacific market was the largest in terms of volume and revenue owing to industrialization as well as eventually growing automotive, transportation and construction sectors in India and China. North America and Europe are expected to witness moderate growth.
Some of the key players in global Lubricating Oils market are Exxonmobil Corporation, Chevron Corporation, Idemitsu Kosan Co. Ltd, Indian Oil Corp, JX Nippon Oil & Energy, Pertamina, PetroChina Company Limited, Repsol, Royal Dutch Shell PLC,SK Lubricants,Valvoline , Aegean, BP PLC, Total S.A., Sinopec Limited, Lukoil , Fuchs Petrolub AG, Petroliam Nasional Berhad (Petronas), Lubrizol Corporation, Mident Industrial Company Ltd, Flopower Industry Company Limited, Shijiazhuang Heavy Pump Company Limited, Chongqing Tongrui Filtration Equipment Manufacturing Co. Ltd , Huntsman Corporation, Conoco Phillips Co, Ashland Incorporated, Henkel AG & Company KGaA and Warren Oil Company Incorporated.
Types Covered:
- Mineral Oil
o Crude oil
o Paraffinic oils
o Naphthenic oils
o Aromatic oils
- Synthetic Lubricants
o Esters
o Group III (Hydro Cracking)
o PAG (Polyalkylene Glycol)
o PAO (Polyalphaolefin)
- Bio-Based Lubricants
o Vegetable oils
o Animal oils
- Greases
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Products Covered:
- Industrial Lubricants
o Process Oils
o General Industrial Oils
o Industrial Engine Oils
o Metal Working Fluids
- Automotive Lubricants
o Heavy-Duty Engine Oils
o Hydraulic & Transmission Fluid
o Automatic Transmission Fluid
o Passenger Vehicle Engine Oils
- Gear Oil
o Vehicle & equipment gear oil
o Industrial gear oil
- Greases
o Industrial Greases
o Vehicle & Equipment greases
End Users Covered:
- Transportation
o Passenger vehicle
o Commercial vehicle
o Aviation
o Marine
o Railways locomotives
- Industrial Machinery & Equipment
o Metalworking fluids
o Industrial gearboxes
o Hydraulic systems
o Turbines
- Power Generation
o Municipal
- Construction
- Metallurgy & Metalworking
- Mining
- Food & Beverage
- Cosmetics & Toiletries
- Chemical Industry
- Paper & Textile
Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001564881/buying
For more information @ http://www.reportsweb.com/lubricating-oils-global-market-outlook-2016-2022
The utilization of lubricating oils is the highest in the automotive industry. Industrial Machinery & Equipment represent major end user for the market due to improving manufacturing PMI and increased productivity. Rising construction and infrastructure sectors for hydraulic oil, bearings, engine oil has led to high demand for commercial automotive and consumer automotive segment. Asia Pacific market was the largest in terms of volume and revenue owing to industrialization as well as eventually growing automotive, transportation and construction sectors in India and China. North America and Europe are expected to witness moderate growth.
Some of the key players in global Lubricating Oils market are Exxonmobil Corporation, Chevron Corporation, Idemitsu Kosan Co. Ltd, Indian Oil Corp, JX Nippon Oil & Energy, Pertamina, PetroChina Company Limited, Repsol, Royal Dutch Shell PLC,SK Lubricants,Valvoline , Aegean, BP PLC, Total S.A., Sinopec Limited, Lukoil , Fuchs Petrolub AG, Petroliam Nasional Berhad (Petronas), Lubrizol Corporation, Mident Industrial Company Ltd, Flopower Industry Company Limited, Shijiazhuang Heavy Pump Company Limited, Chongqing Tongrui Filtration Equipment Manufacturing Co. Ltd , Huntsman Corporation, Conoco Phillips Co, Ashland Incorporated, Henkel AG & Company KGaA and Warren Oil Company Incorporated.
Types Covered:
- Mineral Oil
o Crude oil
o Paraffinic oils
o Naphthenic oils
o Aromatic oils
- Synthetic Lubricants
o Esters
o Group III (Hydro Cracking)
o PAG (Polyalkylene Glycol)
o PAO (Polyalphaolefin)
- Bio-Based Lubricants
o Vegetable oils
o Animal oils
- Greases
Request Sample Copy http://www.reportsweb.com/inquiry&RW0001564881/sample
Products Covered:
- Industrial Lubricants
o Process Oils
o General Industrial Oils
o Industrial Engine Oils
o Metal Working Fluids
- Automotive Lubricants
o Heavy-Duty Engine Oils
o Hydraulic & Transmission Fluid
o Automatic Transmission Fluid
o Passenger Vehicle Engine Oils
- Gear Oil
o Vehicle & equipment gear oil
o Industrial gear oil
- Greases
o Industrial Greases
o Vehicle & Equipment greases
End Users Covered:
- Transportation
o Passenger vehicle
o Commercial vehicle
o Aviation
o Marine
o Railways locomotives
- Industrial Machinery & Equipment
o Metalworking fluids
o Industrial gearboxes
o Hydraulic systems
o Turbines
- Power Generation
o Municipal
- Construction
- Metallurgy & Metalworking
- Mining
- Food & Beverage
- Cosmetics & Toiletries
- Chemical Industry
- Paper & Textile
Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt
Make an enquiry: http://www.reportsweb.com/inquiry&RW0001564881/buying
Contact Information:
ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
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ReportsWeb.com
Rajat Sahni
Tel: +1-646-491-9876
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results