Dublin, June 26, 2019 (GLOBE NEWSWIRE) -- The "Lubricants Market Size, Share & Trends Analysis Report By Product (Industrial, Automotive, Marine, Aerospace), By Region, And Segment Forecast, 2019 - 2025" report has been added to ResearchAndMarkets.com's offering.
The global lubricants market size is projected to reach USD 166 billion by 2025 and is expected to expand at a CAGR of 3.7% during the forecast period.
Rapidly growing sales of automobiles, primarily in countries such as India, China, U.S., and Brazil is expected drive the growth.
Chemical, construction, textile, infrastructure, and energy sectors for engine oil, hydraulic oil, wire rope and bearings, are the key application areas where lubricants are utilized extensively. Constant research and development for biological counterparts of the product, to reduce the environmental effect is likely to boost the North America lubricants market. Extensive inland shipping network of Europe and further development of inland waterways and their growing importance for trade and passenger travel is expected to drive the demand for marine lubricants.
Manufacturers use crude oil, Coal Bed Methane (CBM), and other additives for the formulation of different types of lubricants. Prominent companies such as Royal Dutch Shell, Chevron, Exxon Mobil, Total, BP, and Sinopec have integrated business operations across the globe. Lubricant manufacturers are increasingly venturing into joint business operations with automotive manufacturers to keep steady profit margins for longer time period.
Variety of functions are performed by engine oil, one of which is to reduce friction. Efficiency increases significantly as lighter viscosity oils produce lesser frictions. A few major players such as British Petroleum, Royal Dutch Shell, Ashland, Inc., and ConocoPhillips have established their own subsidiaries Castrol, Pennzoil, Valvoline, and Kendall with broader product portfolios. This allows these companies to mark their presence in the desired application markets.
Further key findings from the report suggest:
Key Topics Covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.2 Market Segmentation
2.3 Segment Outlook
2.4 Competitive Insights
Chapter 3 Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Lubricants Industry Outlook
3.1.2 Outlook on End-Use Industries
3.2 Value Chain Analysis
3.2.1 Raw Material trends
3.2.2 Manufacturing trends
3.2.2.1 Sedimentation
3.2.2.2 Fractionating
3.2.2.3 Filtering & solvent extraction
3.2.2.4 Additives, inspection & packaging
3.2.3 Sales channel analysis
3.2.4 vendor selection criteria
3.2.5 list of key end-users
3.2.6 Operational margin analysis
3.3 Technology Overview
3.3.1 Technology Adaptation by key industry participants
3.4 Regulatory & Policy Landscape
3.5 Market Dynamics
3.5.1 Market Drivers
3.5.1.1 Rapidly growing automotive sales
3.5.1.2 Rapid industrialization in brics nations
3.5.2 Market Restraint
3.5.2.1 rising popularity of hybrid-electric vehicles
3.5.3 Industry Challenges
3.6 Trade Analysis
3.6.1 Trade Balance
3.6.2 Import & Export Statistics, 2012 - 2017
3.6.2.1 Import Statistics
3.6.2.2 Export Statistics
3.7 Industry Analysis Tools
3.7.1 Porter's Analysis
3.7.2 Pestel analysis
3.8 Major Deals & Strategic Alliances
3.8.1 Joint ventures
3.8.2 Mergers & Acquisitions
3.8.3 Licensing Partnerships
3.8.4 Strategic divestments
Chapter 4 Lubricants Application Outlook
4.1 Application Market Introduction
4.2 Lubricants market estimates & forecast, by application
4.2.1 Industrial
4.2.2 Automotive
4.2.3 Marine
4.2.4 Aerospace
Chapter 5 Lubricants Regional Outlook
5.1 Regional Market Introduction
5.2 Lubricants market estimates & forecast, by region
Chapter 6 Competitive Analysis
6.1 Recent Developments by Key Market Participants
6.2 Competitive Dashboard
6.3 Company Market Categorization
6.4 Company Market Share Analysis
6.5 Price Trend Analysis, 2012 to 2017
6.6 Product Benchmarks, by Type
6.7 Production Landscape
6.7.1 Recent Developments (Expansions/Closure)
6.7.2 Production Capacities, by Key Manufacturers
6.8 List of Key Vendors
6.9 New Entrant Financial Outlook
Chapter 7 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/xmkybq
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