The Global Industrial Lubricants Market is an intelligence report formulated with authentic information and in-depth analysis of the data by a thorough examination of the market trends, growth opportunities, emerging areas, drivers and restraints, and other key features that aims to offer the investors and shareholders insightful data of the market landscape. This can assist them in making beneficial investment plans. The report also covers the analysis of the competitive landscape by thorough profiling of the companies actively engaged in the industry. Along with this, the report offers insights into their business profiles, product portfolio, and financial standings.
Industrial lubricants are used in several industries for carrying out the business effectively and smoothly. Manufacturing companies particularly use industrial lubricants to evade corrosion. Replacement of corroded parts can be expensive, particularly steel and iron parts. Industrial lubricants help in removing waste particles, transporting them to a filter. In order to help in reducing contaminants, lubricants are generally used with detergent additives.
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Key Highlights of Report
- Hydraulic fluids offer a lubricating film, which reduces the wear and tear on moving parts of an equipment. Effectiveness of the film depends on the balance between viscosity of the lubricants, sliding speeds and loads, and fluid stability.
- Synthetic oil has excellent low-temperature flow performance, it offers enhanced oxidation and thermal stability, and it has excellent wear protection. This type of oil is higher in quality and purity than mineral oils.
- The construction segment held the largest share of the industrial lubricants market in 2019, due to high demand for construction activities in China and India. From dump trucks and draglines, bulldozers, to scrapers and shovels, all construction equipment are subjected to harsh conditions, which generates demand for lubricants.
- Key market participants include The Lubrizol Corporation, ExxonMobil Corp, Royal Dutch Shell, Amsoil, Inc., Valvoline International, Inc., Kluber Lubrication, Clariant, Chevron Corp., Petronas Lubricant International, and Quaker Chemical Corp.
Industrial Lubricants Market Segmentation:
For the purpose of this report, Emergen Research has segmented the global industrial lubricants market based on product type, base oil, end-use industry, and region:
- Product Type Outlook (Revenue, USD Billion; 2017–2027)
- Hydraulic Fluid
- Metalworking Fluid
- Gear Oil
- Compressor Oil
- Grease
- Turbine Oil
- Others
- Transformer Oil
- Refrigeration Oil
- Textile Machinery Lubricants
- Base Oil Outlook (Revenue, USD Billion; 2017–2027)
- Mineral Oil
- Synthetic Oil
- Polyalphaolefins (PAO)
- Polyalkylene Glycol (PAG)
- Esters
- Group iii (Hydrocracking)
- Bio-based Oil
- End-use Industry Outlook (Revenue, USD Billion; 2017–2027)
- Construction
- Metal Mining
- Cement Production
- Power Generation
- Automotive (Vehicle Manufacturing)
- Chemical
- Oil Gas
- Textile
- Food Processing
- Others
- Agriculture
- Pulp Paper
- Marine (Deck Manufacturing)
Regional Bifurcation includes:
- North America(U.S., Canada)
- Europe(U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific(India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America(Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa(Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key points covered in the report:
- The latest report based on the global Industrial Lubricants market includes an elaborate list of the company profiles of the leading market players.
- The report throws light on certain significant aspects, such as manufacturing/production capacity, sales, future expansion strategies, and technological capabilities of these market players.
- The report emphasizes the primary application areas of the global market and therefore provides a precise account of the market to enable the interested readers to gain crucial insights into the global market mechanism.
- The report involves a SWOT analysis of the global Industrial Lubricants market. In the concluding part of the report, the opinions of several industry experts and professionals have been included.
- The report elucidates vital information about investors, stakeholders, policymakers, manufacturers, suppliers, service providers, and the leading contenders in this market.
Table of Content:
Chapter 1. Methodology Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Industrial Lubricants Market Segmentation Impact Analysis
4.1. Industrial Lubricants Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rise in automation in various end-use industries
4.2.2.2. Improved quality of industrial lubricants
4.2.3. Market restraints analysis
4.2.3.1. High cost of synthetic and bio-based lubricants
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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