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The lubricants market is forecasted to grow by USD 23.8 billion during 2023-2028, accelerating at a CAGR of 3.22% during the forecast period. The report on the lubricants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for lubricants from end-user industries, increasing need for reliable machinery and its effective maintenance, and growing global marine industry.
The lubricants market is segmented as below:
By Application
- Automotive oils
- Industrial oils
- Process oils
- Metalworking fluids
- Greases
By Product
- Mineral oil-based lubricants
- Synthetic lubricants
- Bio-based lubricants
By Geography
- APAC
- Europe
- North America
- Middle East and Africa
- South America
The report on the lubricants market covers the following areas:
- Lubricants market sizing
- Lubricants market forecast
- Lubricants market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global lubricants market: Arabian Petroleum Ltd., BP Plc, Chevron Corp., CONDAT, ENEOS Holdings Inc., Exxon Mobil Corp., FUCHS PETROLUB SE, Gazpromneft Lubricants Ltd., GP Global, Hinduja Group Ltd., Idemitsu Kosan Co. Ltd., Indian Oil Corp. Ltd., Novvi LLC, Oil and Natural Gas Corp. Ltd., PETRONAS Chemicals Group Berhad, Phillips 66, PJSC LUKOIL, PT Pertamina Persero, Sinopec Shanghai Petrochemical Co. Ltd., and TotalEnergies SE.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of bio-based lubricants."
According to the report, one of the major drivers for this market is the increasing demand for lubricants from end-user industries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arabian Petroleum Ltd.
- BP Plc
- Chevron Corp.
- CONDAT
- ENEOS Holdings Inc.
- Exxon Mobil Corp.
- FUCHS PETROLUB SE
- Gazpromneft Lubricants Ltd.
- GP Global
- Hinduja Group Ltd.
- Idemitsu Kosan Co. Ltd.
- Indian Oil Corp. Ltd.
- Novvi LLC
- Oil and Natural Gas Corp. Ltd.
- PETRONAS Chemicals Group Berhad
- Phillips 66
- PJSC LUKOIL
- PT Pertamina Persero
- Sinopec Shanghai Petrochemical Co. Ltd.
- TotalEnergies SE
