Pune, Maharashtra -- (SBWIRE) -- 04/04/2019 -- Global Synthetic Lubricants Market Size And Forecast To 2025
The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on market, capacities and technologies and on the changing structure of the Synthetic Lubricants.
The global Synthetic Lubricants market was valued at USD 32.65 billion in 2016 and is projected to reach USD 40.07 billion by 2025, growing at a CAGR of 2.3% from 2017 to 2025.
Synthetic lubricants belong to the class of function fluids which are used in large quantities in the manufacturing industry. The rise in manufacturing activity of automobile in China and India is expected to boost market growth. The slow growth in North America and Europe could have a negative impact on market demand.
Top Leading Companies are –
1. Royal Dutch Shell PLC
2. Exxonmobil Corporation
3. DOW Chemical Company
4. Total SA
5. BP PLC
6. Chevron Corporation
7. Pennzoil
8. Lubrizol Corporation
9. Idemitsu Kosan Co. Ltd.
10. Fuchs Petolub SE
11. Petronas
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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The global Synthetic Lubricants market is segmented on the product, application and region:
Market segment By Product:
1.1 Polyalphaolefin
1.2 Esters
1.3 Group III Hydro Cracking
1.4 Polyalkene Glycol
1.5 Others
Market segment By Application:
2.1 Transportation
2.2 Construction
2.3 Industrial
2.4 Others
Synthetic Lubricants Market segmented by Regions:
North America (United States, Canada, Mexico)
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Central & South America (Brazil, Rest of South America)
Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Other)
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KEY HIGHLIGHTS OF THE REPORT
– Quantitative market information and forecasts for the global Synthetic Lubricants industry, segmented by type, end use and geographic region.
– Expert analysis of the key technological, demographic, economic and regulatory factors driving growth in Synthetic Lubricants to 2025.
– Market opportunities and recommendations for new investments.
– Growth prospects among the emerging nations through 2025.
THE REPORT PROVIDES INSIGHTS ON THE FOLLOWING:
– Product Development/Innovation: Product portfolios of the top players in the Synthetic Lubricants market. Detailed insights on upcoming technologies, research and development activities, and new product launches in the Synthetic Lubricants market.
– Competitive Assessment: In-depth assessment of the market shares, strategies, geographic and business segments, and product portfolios of the leading players in the Synthetic Lubricants market
– Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the market for various Synthetic Lubricants products across geographies.
– Market Diversification: Exhaustive information about new products and services, recent developments, and investments in the Synthetic Lubricants market.
Finally, Synthetic Lubricants Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Synthetic Lubricants industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
In this study, the years considered for market sizing of Australia Outplacement Services are as follows:
Historical Year: 2014-2018
Base Year: 2018
Forecast Year: 2019 to 2025
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