Global Lubricant Market

A lubricant is a material to reduce friction between moving surfaces. The automotive oils are the largest application for the lubricant market due to more introducing innovative technologies, production and new business techniques. Process oils are fastest growing market due to the greater efficiency of these lubricants in comparison to hydraulic and metalworking fluids and moreover both are experience below average gains by the companies as compare to process oils. Transportation plays an important role for increasingly the global economy from both consumer and a commercial perspective, where transportation is driving the lubricant market. Asia Pacific is the fastest growing geography followed by the Middle East regions in lubricant market.

This Lubricant Market research report estimates the market size of the global lubricant market both in terms of volume and revenue. The market has been further segmented on the basis of types such as base oil, biodegradable lubricants, solid lubricants and synthetic oils as well as by applications such as automotive oils, industrial oils, aviation and metalworking fluids. This segmentation is given for major regions and key countries in those regions. Market drivers, restraints and challenges, raw material and product price trends are discussed in detail. Market share by participants for the overall market is discussed in detail in the report.

Scope of the report

This research report categorizes the global market for lubricant on the basis of raw materials, product types, applications and geography; forecasting volumes and revenue and analyzing trends in each of the following submarkets:

By product types:

• Base oil
• Synthetic oils
• Solid lubricants
• Biodegradable lubricants (Plants and Animals)
• Others

By applications:

• Automotive oils
• Industrial Oils
• Aviation  
• Metalworking fluids
• Others

 By geography:

• North America
• Europe
• Asia Pacific
• ROW

This report also includes leading manufacturers’ profiles such as Saudi Aramco Industrial (Saudi Arabia), Exxon Mobil Corporation (USA), Petroleos De Venezuela SA (Venezuela), Shell (USA, BP PLC (UK), Chevron Corporation (USA), Pemex (Mexico), Total SA (France), PetroChina(China), Kuwait Petroleum Corporation (Kuwait), Petrobras(Brazil), Castrol Limited (India). 

Key questions answered

• Which are the high-growth segments/cash cows and how is the market segmented in terms of applications and types?
• What are market estimates and forecasts; which markets are doing well and which are not?
• Where are the gaps and opportunities; what is driving the market?
• Which are the key playing fields? Which are the winning edge imperatives?
• How is the competitive outlook; who are the main players in each of the segments; what are the key selling products; what are their strategic directives, operational strengths and lubricant product pipelines? Who is doing what?