Lubricants Market by Manufacturers, Regions, Type and Application, Forecast to 2024

Pune, India -- (SBWire) -- 07/31/2020 --Lubricants Industry

Description

A lubricant is a product mainly derived from crude oil that reduces friction, heat, and wear between mechanical components, thus prolonging the life of the components. The primary function of lubricants is to reduce contact among tools or finished components. Lubricants protect sludge and residual deposits from forming on mechanical parts. Lubricants also are used to transfer heat, transmit power, and prevent rust and corrosion. Lubricants are manufactured from base oils.

The desired lubricant properties are imparted by blending base oils with additives such as viscosity index improvers, dispersants and detergents. Additives are petrochemicals refined and formulated to improve the functioning and life span of lubricants. Lubricants prevent corrosion, have excellent remissibility and extend the life of equipment. Used in a variety of equipment to improve performance, lubricants enable machineries to increase productivity through improved efficiency. Lubricants are used in applications such as automotive, industrial machinery, mining, hydraulic and many others. The type of lubricant used in an application depends on factors such as operating temperature, exposure to harsh chemicals, and so on.

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Report Scope:

The scope of the report covers the global market scenario for lubricants and analyses of global market trends. The report considers 2017 as the base year and provides estimates from 2018 to 2023 with projections of CAGR in the forecast duration. Market data is provided in terms of volume (kilotons) and value ($ millions) at global and regional levels by product and type. Estimated values are based on manufacturers' total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

The report analyzes the global lubricants market across different geographies and in key countries. The report reviews industrial developments and regulatory frameworks to understand how macro-economic factors affect the global demand for lubricants. The report also identifies stakeholders involved in the value chain and assesses them using Porter's five forces analysis. Market dynamics such as drivers, restraints, opportunities and challenges also are discussed.

To provide the holistic view, the report segments global lubricants market by type and product. In terms of type, the market covers mineral oil, synthetic oil and bio-based lubricants to understand current market trends and the shift of lubricant manufacturers from mineral-oil based lubricants to synthetic lubricants. The report examines lubricants by products such as automotive lubricants, industrial lubricants, metalworking fluids, process oil, marine lubricants and grease.

The report discusses factors such as increasing new vehicle sales, established vehicle fleet and increasing motorization rate, particularly in emerging economies, and how these are driving demand for lubricants in the automotive sector. The analysis details prominent players by company description, business overview, product portfolio, financial outlook, strategic overview and recent developments.

The report aims to guide tier-one suppliers, base-oil providers, lubricant additive manufacturers, and existing established suppliers in developing their business strategies.

Report Includes:
- 110 data tables and 23 additional tables
- An overview of the global market for oil and water-based lubricants and their applications
- Analyses of market trends, with data from 2017 to 2018, and projections of CAGRs through 2023
- Country specific data and analysis for US, Germany, Russia, Turkey, China, France, India, Japan, Russia, Brazil, Mexico, UK, Saudi Arabia, Iran, Egypt and Australia
- Coverage of historical overview, key industrial development, and regulatory framework
- Description of properties and manufacturing processes of lubricants
- Detailed discussion regarding impact of electric vehicles on lubricant demand
- Company profiles of the major players of the industry, including Royal Dutch Shell Plc, Exxonmobil Corp., BP Plc, Chevron Corp., Total and Petrochina Company Ltd.

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Table of Contents 

Chapter 1 Introduction 
Chapter 2 Summary and Highlights 
Chapter 3 Market Overview 
Chapter 4 Market Dynamics 
Chapter 5 Global Lubricants Market by Type 
Chapter 6 Global Lubricants Market by Product 
Chapter 7 Global Lubricants Market by Region 
Chapter 8 Competitive Landscape 
Chapter 9 Company Profiles 
AMSOIL INC. 
Business Overview 
AVISTA OIL AG 
Business Overview 
BHARAT PETROLEUM CORP. LTD. (BPCL) 
Business Overview 
BP PLC 
Business Overview 
Products Offered 
Financials 
Strategic Overview 
Recent Developments 
CHEVRON CORP. 
Business Overview 
Products Offered 
Financials 
Strategic Overview 
Recent Developments 
ENI 
Business Overview 
EXXON MOBIL CORP. 
Business Overview 
Products Offered 
Financials 
Strategic Overview 
Recent Developments 
FUCHS 
Business Overview 
Products Offered 
Financials 
Strategic Overview 
Recent Developments 
GULF OIL INTERNATIONAL 
Business Overview 
HP LUBRICANTS 
Business Overview 
IDEMITSU KOSAN CO. LTD. 
Business Overview 
Products Offered 
Financials 
Strategic Overview 
Recent Developments 
INDIAN OIL CORP. LTD. 
Business Overview 
JXTG NIPPON OIL & ENERGY CORP. 
Business Overview 
Products Offered 
Financials 
Recent Developments 
KLÜBER LUBRICATION 
Business Overview 
LUKOIL 
Business Overview 
PETROBRAS 
Business Overview 
PETROCHINA CO. LTD. 
Business Overview 
Products Offered 
Financials 
PETROLEOS DE VENEZUELA SA 
Business Overview 
PETRONAS 
Business Overview 
PHILLIPS 66 CO. 
Business Overview 
PJSC TATNEFT 
Business Overview 
PT PERTAMINA(PERSERO) 
Business Overview 
REPSOL 
Business Overview 
ROSNEFT 
Business Overview 
ROYAL DUTCH SHELL PLC 
Business Overview 
Products Offered 
Financials 
Strategic Overview 
SAUDI ARAMCO 
Business Overview 
SINOPEC GROUP 
Business Overview 
Products Offered 
Financials 
Recent Developments 
TIDE WATER OIL CO. (INDIA) LTD. 
Business Overview 
TOTAL 
Business Overview 
Products Offered 
Financials 
Strategic Overview 
Recent Developments 
VALVOLINE INC. 
Business Overview 
Chapter 10 Appendix 

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