Comprehensive historical analysis of Global Lubricant Market has thoroughly analyzed in this report. It offers data and insights from 2019–2022, and provides extensive market forecasts from 2023–2032 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Lubricant market.
From 2021 to 2030, the global lubricant market is anticipated to grow steadily due to an increase in industrial activity and a rise in automobile manufacturing, especially in emerging markets. Developments in lubricant compositions with the goal of improving efficiency and prolonging the life of equipment are also fueling the market’s growth.
The lubricant market is expected to reach USD 179 billion by 2030, at a CAGR of 4% during the forecast period 2021 to 2030.
As environmental impact and energy efficiency gain more attention, the global lubricant business is moving toward bio-based and sustainable alternatives. Over the course of the projection period, it is expected that the demand for high-performance lubricants that satisfy strict regulatory criteria will drive market expansion in both automotive and industrial applications.
The report includes growth prospects in the global Lubricant market by type, application, sub segement and region and QMI has compiled a comprehensive detailed research report to offer insights. The report details consumption in the Specialty & Fine Chemicals and other sectors. Regional coverage spans North America, Europe, and rest of the world including Asia Pacific.
Leading players of Lubricant including:
- ExxonMobil Corp.
- Pennzoil
- Quaker Chemical Corp.
- Royal Dutch Shell Co.
- JX Nippon Oil & Energy Corp.
- British Petroleum
- Lukoil
- Total S.A
- Chevron Corp.
- Philips 66 Company
- Sinopec Corp.
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Market split by Segement, can be divided into:
By Product Type
- Engine Oil
- Transmission and Hydraulic Fluid
- Metalworking Fluid
- General Industrial Oil
- Gear Oil
- Grease
- Process Oil
- Other Product Types
By End-user Industry
- Power Generation
- Automotive and Other Transportation
- Heavy Equipment
- Food and Beverage
- Metallurgy and Metal Working
- Chemical Manufacturing
- Other End-user Industries
Market segment by Region/Country including:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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In April 2021, A 40% share in SK Lubricants will be sold by SK Innovation to domestic company IMM Private Equity for 1.09 trillion South Korean won (983 million USD )
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Whats covered in the report?
- 1. Overview of the Lubricant market.
- 2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Lubricant market, based on segement.
- 3. Lubricant Market trends.
- 4. Lubricant Market drivers.
- 5. Analysis of major company profiles.
Reasons to buy this Market Report:
1. Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Lubricant market.
2. Use the SWOT analysis to determine the competitive intensity and therefore attractiveness of the emerging Lubricant Industry.
3. Leading company profiles reveal details of key Lubricant market players emerging five operations and financial performance.
4. Add weight to presentations and pitches by understanding the future growth prospects of the emerging Lubricant market with five year historical forecasts.
5. Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region.
6. Extensive information on factors that will amplify the growth of the Lubricant market over the upcoming seven years
7. Accurate estimation of the global Lubricant market size
8. Exact estimations of the upcoming trends and changes observed in the consumer behavior
9. Growth of the global Lubricant market across the North & South America, EMEA, Asia Pacific, and Latin America
10. Information about Lubricant market growth potential
11. In-depth analysis of the industry’s competitive landscape and detailed information vis-a-vis on various vendors
12. Furnishing of detailed information on the factors that will restrain the growth of the Lubricant market
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