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MarketsandMarkets™ Presents Lubricants Market by Type, by Application & by Region 2/20/2019Kailas Suryawanshi1.

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Presentation on theme: "MarketsandMarkets™ Presents Lubricants Market by Type, by Application & by Region 2/20/2019Kailas Suryawanshi1."— Presentation transcript:

1 MarketsandMarkets™ Presents Lubricants Market by Type, by Application & by Region 2/20/2019Kailas Suryawanshi1

2 Lubricants Market worth 166.59 Billion USD by 2021 The report "Lubricants Market by Type (Mineral Oil, Synthetic Lubricants, Bio-Based, and Greases), by Application (Transportation and Industrial Machinery & Equipment), and by Region (APAC, EU, NA, MEA, AND SA) - Global Forecast to 2021", The lubricants market is estimated to have accounted for USD 144.45 Billion in 2015 and is projected to reach USD 166.59 Billion by 2021, registering a CAGR of 2.4% between 2016 and 2021. 2/20/2019Kailas Suryawanshi2

3 Lubricants Market worth 166.59 Billion USD by 2021 Browse >> 182 data tables 53 figures 180 pages and in-depth TOC on “ Lubricants Market ” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. [180 Pages Report] The lubricants market is estimated to have accounted for USD 144.45 billion in 2015 and is projected to reach USD 166.59 billion by 2021, registering a CAGR of 2.4% between 2016 and 2021. Report Price : Single User License : US $ 5650 Corporate User License : US $ 8150 2/20/2019Kailas Suryawanshi3

4 Lubricants Market worth 166.59 Billion USD by 2021 The market is driven by the growing automotive industry in the Asia-Pacific region. The increasing demand of automobiles in emerging economies such as China, India, and Japan is fueling the growth of the lubricants market in the region. Another major factor contributing to the growth of lubricants is massive industrial growth in the developing regions such as Asia-Pacific and the Middle East & Africa. 2/20/2019Kailas Suryawanshi4

5 Lubricants Market worth 166.59 Billion USD by 2021 Mineral oil lubricants to account for the major share of the lubricants market till 2021 The lubricants market is segmented by type, namely, mineral oil lubricants, synthetic lubricants, bio-based lubricants, and greases. Mineral oil lubricants are the most preferred type of lubricant and accounts for major share in the global lubricants market. Low cost, easy availability, and increased application in all sectors are driving the mineral oil lubricants market. Growing automotive industry in the emerging regions to drive the transportation application The transportation application is leading the lubricants market. This is due to the rapid growth of the automotive, aviation, and marine industries in the Asia-Pacific region. The increasing demand of automobiles can be attributed to the increasing disposable income of people and industrial growth in this region. This growth in the automotive industry eventually contributes to the growth of lubricants in the Asia-Pacific region. 2/20/2019Kailas Suryawanshi5

6 Lubricants Market worth 166.59 Billion USD by 2021 Asia-Pacific to be the largest market during the forecast period The lubricants market is broadly segmented into five regions, namely, Asia-Pacific, Europe, North America, the Middle East & Africa, and South America. Asia-Pacific is the largest market for lubricants, followed by Europe. The Middle East & Africa is projected to be the fastest-growing market during the forecast period. Growing industrialization has offered enormous opportunity for the various manufacturing industries to use lubricants in the Middle East & Africa. Moreover, the increasing number of passenger and commercial vehicles in the region is fueling the growth of the lubricants market. 2/20/2019Kailas Suryawanshi6

7 Lubricants Market worth 166.59 Billion USD by 2021 The research study is aimed at identifying emerging trends and opportunities in the global lubricants market along with a detailed classification of the market, in terms of value and volume. It provides a comprehensive competitive landscape and identifies the key players in the global market. The research study also includes a detailed segmentation of the global lubricants market on the basis of application, type, and region. 2/20/2019Kailas Suryawanshi7

8 Lubricants Market worth 166.59 Billion USD by 2021 Currently, the global lubricants market is dominated by various market players such as Royal Dutch Shell Plc. (Netherlands), Exxon Mobil Corporation (U.S.), Petrochina Company Limited (China), Sinopec Limited (China), Total S.A. (France), Lukoil (Russia), BP Plc. (U.K.), Chevron Corporation (U.S.), Fuchs Petrolub AG (Germany), Idemitsu Kosan Co., Ltd. (Japan), and others. Purchase a Copy of this Report Today ! 2/20/2019Kailas Suryawanshi8

9 Lubricants Market worth 166.59 Billion USD by 2021 MARKET LEADER EXPANSION IS THE MOST POPULAR STRATEGY ADOPTED BY THE KEY PLAYERS OF THE GLOBAL LUBRICANTS MARKET The global lubricants market is estimated to be USD 144.45 billion in 2015 and is projected to reach USD 166.59 billion by 2021, registering a CAGR of 2.4% between 2016 and 2021. Key strategies such as expansions, contracts & agreements, new product launches, and acquisitions are adopted by the major players to strengthen their foothold in the global lubricants market. The maximum number of strategic developments undertaken between 2012 and 2016 took place in Asia-Pacific, followed by Europe and North America. 2/20/2019Kailas Suryawanshi9

10 Lubricants Market worth 166.59 Billion USD by 2021 Major players operating in the global lubricants market are Royal Dutch Shell Plc. (Netherlands), Exxon Mobil Corporation (U.S.), Petrochina Company Limited (China), Sinopec Limited (China), Total S.A. (France), Lukoil (Russia), BP Plc. (U.K.), Chevron Corporation (U.S.), Fuchs Petrolub AG (Germany), Idemitsu Kosan Co., Ltd. (Japan), and others. Exxon Mobil Corporation (U.S.) is one of the leading lubricants manufacturers, globally. The company accounted for the largest share of the global lubricants market in 2015. Whereas, Royal Dutch Shell Plc (Netherlands) was the most active player in the lubricants market, with the highest number of developments between 2012 and 2016. The company has made maximum developments in Asia-Pacific. Royal Dutch Shell Plc. adopted capacity as well as regional expansions in Asia-Pacific to meet the increasing demand from the region. The company in November 2015 opened a new lubricant blending plant at Marunda Centre, North of Jakarta, Indonesia. This facility is expected to produce 120,000 tons (136 million liters) of finished lubricants per annum. 2/20/2019Kailas Suryawanshi10

11 Lubricants Market worth 166.59 Billion USD by 2021 BP Plc (U.K.) is another major player in the global lubricants market. The company has been focusing on new contracts & agreements. In May 2015, BP Plc (U.K.) signed a lubricant distribution agreement with KenolKobil (Kenya). Under the terms of this agreement, KenolKobil would distribute the Castrol- Branded Lubricants. This would help the company to strengthen its distribution network in Africa. This report includes a detailed analysis of the lubricants market and segments the same on the basis of type, application, and region. Based on type, the market has been segmented into mineral oil lubricants, bio-based lubricants, and greases. Based on application, the market has been segmented into transportation and industrial machinery & equipment. The transportation application segment is further divided into commercial vehicle, passenger vehicle, aviation, and marine. Based on region, the market has been segmented as Asia-Pacific, Europe, North America, the Middle East & Africa, and South America. 2/20/2019Kailas Suryawanshi11

12 Lubricants Market worth 166.59 Billion USD by 2021 KEY REVENUE POCKETS The rapidly growing automotive industry is expected to drive the lubricants market The market size of lubricants is estimated to have accounted for USD 144.45 billion in 2015 and is projected to reach USD 166.59 billion by 2021, registering a CAGR of 2.4% between 2016 and 2021. 2/20/2019Kailas Suryawanshi12

13 Lubricants Market worth 166.59 Billion USD by 2021 The report includes analysis of the lubricants market with respect to type, application, and region. The applications are divided into transportation (passenger vehicle, commercial vehicle, aviation, and marine) and industrial machinery & equipment. The transportation application is the leading segment, contributing over 61.4% to the overall lubricants market in 2015. The growth in the end-use industries such as automotive, manufacturing, aviation, and marine is driving the transportation application. This would in turn drive the demand for lubricants. 2/20/2019Kailas Suryawanshi13

14 Lubricants Market worth 166.59 Billion USD by 2021 Lubricants are materials that help to reduce the friction between moving parts or surfaces, enhancing the efficiency of machines. They are used in different applications ranging from automobiles to large multitudes of industries. There are four types of lubricants that are commercially used. The major type of lubricant is mineral oil lubricants that accounted for over 70% of the global lubricants market in 2015. This is due to the low cost, easy availability, and high use of mineral oil lubricants in all the sectors. 2/20/2019Kailas Suryawanshi14

15 Lubricants Market worth 166.59 Billion USD by 2021 Asia-Pacific accounts for the largest share of the global lubricants market in 2015. The rapid growth of the automotive industry and massive industrialization in Asia-Pacific are the key drivers of the global lubricants market in the region. However, the Middle East & Africa is expected to witness the highest growth rate between 2016 and 2021. This high growth is attributed to growth in the major sectors, which include petroleum, mining, agriculture, and industrial manufacturing & processing. 2/20/2019Kailas Suryawanshi15

16 Lubricants Market worth 166.59 Billion USD by 2021 Some of the major players operating in the global lubricants market are Royal Dutch Shell Plc. (Netherlands), Exxon Mobil Corporation (U.S.), Petrochina Company Limited (China), Sinopec Limited (China), Total S.A. (France), Lukoil (Russia), BP Plc. (U.K.), Chevron Corporation (U.S.), Fuchs Petrolub AG (Germany), Idemitsu Kosan Co., Ltd. (Japan), and others. Most of the companies have adopted expansions and contracts & agreements as their development strategies to sustain in the global lubricants market. 2/20/2019Kailas Suryawanshi16

17 Contact Us Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: sales@marketsandmarkets.comsales@marketsandmarkets.com 2/20/2019Kailas Suryawanshi17

18 Thank You ! 2/20/2019Kailas Suryawanshi18


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