Lubricating Oils Industry Global Outlook, Size, Share, Trend & Forecast 2022

According to Stratistics MRC, the Global Lubricating Oils market is accounted for $38.5 million in 2015 and is expected to reach $47.7 million by 2022 growing at a CAGR of 3.1% from 2015 to 2022. Factors such as growing automobile industry, rapidly increasing industrialization & modernization of industrial machinery and globalization of technologies are propelling the market growth. Demand for low viscosity fluids in the automotive industry, deep sea marine lubricants, and recycling of used lubricants are expected to offer major growth opportunities for the lubricant manufacturers. Manufacturing sectors such as 3D printing and medical devices will further complement lubricants industry. However, the market faces a few restraints like volatility in raw material prices and high prices of synthetic & bio-based lubricants. Declining crude oil output, strict environmental regulations and aqueous toxicity of conventional products are expected to hamper market growth. Market would face unprecedented challenges caused by new engine oil specifications and new engine tests.

The utilization of lubricating oils is the highest in the automotive industry. Industrial Machinery & Equipment represent major end user for the market due to improving manufacturing PMI and increased productivity. Rising construction and infrastructure sectors for hydraulic oil, bearings, engine oil has led to high demand for commercial automotive and consumer automotive segment. Asia Pacific market was the largest in terms of volume and revenue owing to industrialization as well as eventually growing automotive, transportation and construction sectors in India and China. North America and Europe are expected to witness moderate growth.

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Some of the key players in global Lubricating Oils market are:

Exxonmobil Corporation, Chevron Corporation, Idemitsu Kosan Co. Ltd, Indian Oil Corp, JX Nippon Oil & Energy, Pertamina, PetroChina Company Limited, Repsol, Royal Dutch Shell PLC,SK Lubricants,Valvoline , Aegean, BP PLC, Total S.A., Sinopec Limited, Lukoil , Fuchs Petrolub AG, Petroliam Nasional Berhad (Petronas), Lubrizol Corporation, Mident Industrial Company Ltd, Flopower Industry Company Limited, Shijiazhuang Heavy Pump Company Limited, Chongqing Tongrui Filtration Equipment Manufacturing Co. Ltd , Huntsman Corporation, Conoco Phillips Co, Ashland Incorporated, Henkel AG & Company KGaA and Warren Oil Company Incorporated.

Types Covered:
Mineral Oil
Crude oil
Paraffinic oils
Naphthenic oils
Aromatic oils
Synthetic Lubricants
Group III (Hydro Cracking)
PAG (Polyalkylene Glycol)
PAO (Polyalphaolefin)
Bio-Based Lubricants
Vegetable oils
Animal oils

Products Covered:
Industrial Lubricants
Process Oils
General Industrial Oils
Industrial Engine Oils
Metal Working Fluids
Automotive Lubricants
Heavy-Duty Engine Oils
Hydraulic & Transmission Fluid
Automatic Transmission Fluid
Passenger Vehicle Engine Oils
Gear Oil
Vehicle & equipment gear oil
Industrial gear oil
Industrial Greases
Vehicle & Equipment greases

End Users Covered:
Passenger vehicle
Commercial vehicle
Railways locomotives
Industrial Machinery & Equipment
Metalworking fluids
Industrial gearboxes
Hydraulic systems
Power Generation
Metallurgy & Metalworking
Food & Beverage
Cosmetics & Toiletries
Chemical Industry
Paper & Textile

Regions Covered:
North America
Rest of Europe
Asia Pacific
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
South Africa

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What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

Points From TOC:

1 Executive Summary

2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions

3 Market Trend Analysis 
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.7 Emerging markets
3.8 Product Analysis
3.9 End User Analysis

4 Porters Five Force Analysis 
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Lubricating Oils Market, By Type 
5.1 Introduction
5.2 Mineral Oil
5.2.1 Crude oil
5.2.2 Paraffinic oils
5.2.3 Naphthenic oils
5.2.4 Aromatic oils
5.3 Synthetic Lubricants
5.3.1 Esters
5.3.2 Group III (Hydro Cracking)
5.3.3 PAG (Polyalkylene Glycol)
5.3.4 PAO (Polyalphaolefin)
5.4 Bio-Based Lubricants
5.4.1 Vegetable oils
5.4.2 Animal oils
5.5 Greases

6 Global Lubricating Oils Market, By Product 
6.1 Introduction
6.2 Industrial Lubricants
6.2.1 Process Oils White Oils Electrical Oils Rubber Oils Other Process Oils
6.2.2 General Industrial Oils
6.2.3 Industrial Engine Oils
6.2.4 Metal Working Fluids Emulsifiable oil Straight oil Synthetic oil Semi-synthetic oil
6.3 Automotive Lubricants
6.3.1 Heavy-Duty Engine Oils
6.3.2 Hydraulic & Transmission Fluid
6.3.3 Automatic Transmission Fluid
6.3.4 Passenger Vehicle Engine Oils
6.4 Gear Oil
6.4.1 Vehicle & equipment gear oil
6.4.2 Industrial gear oil
6.5 Greases
6.5.1 Industrial Greases
6.5.2 Vehicle & Equipment greases

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