The emerging markets such as India & China are stimulating the growth of the lubricants market due to increasing industrial production.
(PRWEB) November 22, 2014
The global lubricants market is expected to witness a CAGR of 2.1% between 2014 and 2019 and will reach market volume of 42,780.7 KT in 2019. The lubricants market has been segmented based on applications into transportation and industrial machinery & equipment. The transportation application has been further sub segmented into passenger vehicles, commercial vehicles, aviation, and marine. The marine lubricants market is growing at a high rate followed by the passenger vehicles market. The demand has increased from vehicle owners for high performance lubricants to substitute conventional lubricants. That indicates rise in the demand for synthetic lubricants. Complete report is available at http://www.rnrmarketresearch.com/lubricants-market-by-type-mineral-oil-lubricants-synthetic-lubricants-bio-based-lubricants-and-greases-by-application-transportation-and-industrial-machinery-equipment-global-trends-for-market-report.html .
The smooth function of machinery and equipment requires lubricants. Hence, industrial growth is driving the overall lubricants market. The emerging markets such as India & China are stimulating the growth of the lubricants market due to increasing industrial production. The lubricants market is expected to witness a steady growth rate in the next five years.
The high cost of certain lubricants such as bio-based and synthetic lubricants acts as a constraint for growth of the overall lubricants market. In spite of the cost, the market for these types of lubricants is expected to grow at higher rates than the other types. The demand for synthetic lubricants is driven due to its high performance and bio-based lubricants demand is driven by its biodegradablity and non-toxicity. Companies profiled in this research report are Royal Dutch Shell Plc., Exxon Mobil Corporation, Bp Plc., Chevron Corporation, Total S.A., Petrochina Company Limited, Sinopec Limited, Lukoil, Fuchs Petrolub Ag, and Idemitsu Kosan Co. LTD. Order a copy of this research at http://www.rnrmarketresearch.com/contacts/purchase?rname=240938 .
Table of Content for “Lubricants Market by Type (Mineral Oil Lubricants, Synthetic Lubricants, Bio-based Lubricants, and Greases), by Application (Transportation, and Industrial Machinery & Equipment) – Global Trends & Forecasts to 2019” Research Report Includes:
1.1 Objectives Of The Study
1.2 Markets Scope
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Crackdown & Data Triangulation
2.3 Market Share Estimation
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities In The Lubricants Market
4.2 Lubricants Market: Application Segments
4.3 Lubricants: Market In APAC
4.4 Lubricants: Market Attractiveness
4.5 Lubricant Types, By Region (2013)
4.6 Lubricants: Market: Developing Vs. Developed Nations
4.7 Fastest Growing Lubricants Market, By Application (2013)
4.8 Life Cycle Analysis, By Region
5 Market Overview
5.2 Market Segmentation
5.3 Market Dynamics
6 Industry Trends
6.2 Value Chain Analysis
6.3 Porter’s Five-Forces Analysis
6.4 Strategic Benchmarking
7 Lubricants Market, By Type
7.2 Market Size & Projection
7.3 Mineral Oil Lubricants
7.4 Synthetic Lubricants
7.5 Bio-Based Lubricants
8 Lubricants Market, By Application
8.2 Market Size & Projection
8.4 Industrial Machinery & Equipment
9 Lubricants Market, Regional Analysis
9.5 The Middle East & Africa
10 Competitive Landscape
10.2 Expansion: The Most Popular Growth Strategy
10.3 Maximum Developments In 2013
10.4 Maximum Developments In Asia-Pacifc
10.5 Royal Dutch Shell Pls & LukoilGlass: The Most Active Participants
10.6 Competitive Situation And Trends
11 Company Profiles
11.1 Royal Dutch Shell Plc.
11.2 Exxon Mobil Corporation
11.3 Bp Plc.
11.4 Chevron Corporation
11.5 Total S.A.
11.6 Petrochina Company Limited
11.7 Sinopec Limited
11.9 Fuchs Petrolub Ag
11.10 Idemitsu Kosan Co. LTD.
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