Dallas, Texas (PRWEB) August 13, 2014
For the lubricants industry, the year 2013 was characterized by oversupply conditions, as companies continued to increase their production capacities while the demand remained stagnant. Asia Pacific is the largest lubricants market followed by North America, Latin America, Eastern Europe, Western Europe, Africa and Middle East. China and India remain the key focus for a number of global lube players for their growth strategy. The automotive lubricants segment is the largest followed by industrial oils, metalworking fluids/corrosion preventives, greases and process oils.
Segment Coverage: Automotive Lubricants, Industrial Lubricants, Process Oils and Metalworking Fluid/Corrosion Preventives and Greases
Regional Coverage: North America, Latin America, Europe, Asia Pacific, Africa and Middle East
Company Coverage: Exxon Mobil Corporation, Royal Dutch Shell plc, Chevron Corporation and Hindustan Petroleum Corporation Limited (HPCL)
Complete report available at http://www.marketreportsonline.com/350111.html.
Factors contributing to the growth of lubricants demand include growing vehicle sales, increasing emissions and vehicle safety regulations and rapid industrialization. Bio lubricants and synthetic lubricants are also becoming popular.
The lubricant market is dominated by the oil majors. Some of the leading companies operating in the global lubricants market include Royal Dutch Shell, Exxon Mobil Corporation, British Petroleum, Total, Chevron Corporation, Fuchs Lubricants, PetroChina and Sinopec.
Among the base oils, Group I Base Oil accounts for more than half of the total base oil production, but the trend towards better and efficient lubricants is resulting in substitutability of Group I to Group II and Group III base oils. Further, technological shifts and tighter environmental requirements are also facilitating the shift to Group II and Group III base oils and this could be evident from major capacity additions of the two groups of base oils in the year 2014.
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The report titled “Global Lubricants and Base Oil Market: Trends & Opportunities (2014 Edition)” analyzes the global lubricants and base oil market, with exhaustive discussion on demand of lubricants in different region across the globe in volume terms. The key market challenges recognized by the analysts and the major trends of lubricants and base oil market are presented in the report. Further, key manufacturers of lubricants like Exxon, Shell, Chevron and HPCL are profiled in the report.
Major points from Table of Contents (http://www.marketreportsonline.com/350111-toc.html) are listed below:
Table 1: Base Oil Categories
Figure 1: Global Base Oil Capacity and Production in Million Tonnes per Annum, 2008-2025F
Table 2: Upcoming Group II and III Capacity Additions in 2014
Figure 2: Global Base Oil Production Capacity by Group in %, 2007-2014E
Table 3: North America Base Oil Production Capacity in Tonnes, 2013-2014
Table 4: Western Europe Base Oil Production Capacity in Tonnes, 2013-2014
Table 5: China Base Oil Production Capacity in Tonnes, 2013-2014
Figure 3: Representation of Process from Base Stock to Finished Lubricant
Figure 4: Global Lubricants Demand, Market Size, By Volume, 2007-13 (Million Tonnes)
Figure 5: Correlation of Global Lube Oil Demand and GDP in %, 2007-2013
Figure 6: Global Lubricants Demand Forecast, Market Size, By Volume, 2014-2019 (Million Tonnes)
Figure 7: Global Lubricants Demand, Market Share, By Region in %, 2013
Figure 8: Region-wise Demand of Lubricants by Volume in Million Tonnes, 2009-2013
Figure 9: Regional Per-Capita Consumption of Lubricants in Kgs, 2013
Figure 10: Global Lubricants Market Breakdown by Product Categories in %, 2013
Figure 11: World Lubricants Additives Consumption by Volume in Thousand Tonnes, 2008-2018F
Other Related Report on Chemicals Market:
Global Adhesives & Sealants Market Report: 2014 Edition (http://www.marketreportsonline.com/347242.html) Adhesive is a broad term as it incorporates various materials like cement, glue, mucilage, and paste among others. Adhesives majorly comprise of polymers, which harden either in a physical manner or as a result of a chemical reaction, and are generally classified on the basis of their curing, or bonding, mechanism.
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