Indian Automotive and Industrial Lubricants Market
Albany, NewYork (PRWEB) June 09, 2014
Scope of the Report
The report titled “Indian Automotive and Industrial Lubricants Market: Trends & Opportunities (2014-2019)” provides an insight into the lubricants sector in India with a special focus on sub-segments like automotive and industrial lubricants. The report also includes the production and consumption trend, market value, segmentation on various parameters and distribution structure of the Indian lubricants sector. It also discusses key growth drivers and major challenges faced by lubricants industry in India. Further, key manufacturers of lubricants like Castrol India, HPCL, Gulf Oil and Indian Oil are profiled in the report.
Castrol India Limited
Hindustan Petroleum Corporation Limited (HPCL)
Gulf Oil Corporation Limited (GOCL)
Indian Oil Corporation Limited (IOCL)
India is the fifth largest lubricant market globally in volume terms behind the US, China, Russia and Japan. India is a net base oil deficit market and many additives used in lubricants are mostly imported. Volume consumption of lubricants in India has consistently declined over past few years as a result of improving lubricant and engine quality. In addition, the year 2013 was accompanied by slower GDP growth rate and subdued industrial activity that also affected the industry margins.
Browse reports in Petrochemicals @ http://www.researchmoz.us/petrochemicals-market-reports-54.html.
The lubricants usage can be divided in two key segments – Automotive and Industrial. The demand for automotive lubricants in India is driven by growth in vehicle population and the consumption of industrial lubricants is highly correlated with Index of Industrial Production (IIP). Automotive lubricants typically are higher margin products compared to industrial lubricants. Majority of automotive lubricants demand is derived from commercial vehicles (CVs) and tractors, largely dominated by diesel engines. Process oils are the biggest contributor within industrial lubes.
In the Indian market, lubricants are sold broadly through three channels- Original Equipment Manufacturers (OEMs), petrol pumps and bazaar/retail trade. Bazaar trade is the most profitable amongst the distribution channels and consists of spare part shops, dedicated lubricant dealers, mechanic workshops and service centers.
The lubricants industry in India is dominated by national oil companies namely IOC, BPCL and HPCL that account for almost half of market share. Rest of the market includes private multinationals like Shell, Exxon Mobil, Total and numerous smaller and loyal players.
Petroleum Refining Catalysts Market
The petroleum refining catalysts market (http://www.researchmoz.us/petroleum-refining-catalysts-market-global-industry-size-market-share-trends-analysis-and-forecast-2012-2018-report.html) could be segmented into three major categories: on the basis of types into: isomer forming catalysts, fluid catalytic cracking catalysts, hydrogen producing catalysts, alkyl catalysts, hydrodesulphurization catalysts, H.P.C (hydroprocesssing) catalysts and other catalysts; on the basis of components into: chemicals, zeloites and metals; and on the basis of end users into: chemical industry, refining catalyst industry, petrol refineries, metal industry and others.
1, 3 Butadiene Market & Downstream Applications
The world market (http://www.researchmoz.us/butadiene-market-and-downstream-applications-industry-analysis-market-size-share-trends-growth-and-forecast-2009-2018-report.html) for 1, 3 butadiene is largely driven by demand for elastomers due to their extensive use in manufacture of tires. The global market for 1, 3 butadiene was estimated at USD 22 billion for the year 2011, and is estimated to rise by 45.6% in the next 5 years and reach a market size of approximately 32 billion by year 2018. The demand for elastomers is expected to rise at a CAGR of 5.8% during 2012 – 2018, which in turn will drive the 1.3 butadiene market growth, growing at 6.5% during the same period. The market for butadiene, segmented on the basis of applications, includes sub segments such as synthetic elastomers, polymers and resins and other chemicals and uses.
ResearchMoz is the one-stop online destination to find and buy market research reports & Industry Analysis. We fulfill all your research needs spanning across industry verticals with our huge collection of market research reports. We provide our services to all sizes of organizations and across all industry verticals and markets. Our research coordinators have in-depth knowledge of reports as well as publishers and will assist you in making an informed decision by giving you unbiased and deep insights on which reports will satisfy your needs at the best price.
90 Sate Street, Suite 700
Albany, NY 12207
USA – Canada Toll Free: 866-997-4948