The global industrial lubricants market is estimated to reach value of USD 75.23 Billion by 2027, according to a current analysis by Emergen Research. Increase in the number of trade activities and surge in industrialization in developing countries are estimated to propel the industrial lubricants market in the near future.

The latest report entails a comprehensive analysis of this particular business vertical while providing precise information related to the different industry segmentations. The report captures the essence of the market, offering details on its different valuations, present scenario, volume consumption, revenue share over the projected period. In addition, the report largely focuses on delivering information regarding the geographical outlook of the global Industrial Lubricants market, as well as the companies and organizations dominating the market.

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The report provides an in-depth analysis of the competitive landscape of the Industrial Lubricants market along with the business overviews, expansion strategies, collaborative ventures, gross profit margins, and revenue contribution. The report also studies their financial standing and global position. It also provides extensive coverage of the alliances occurring in the competitive landscape, such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate deals and government deals, agreements, and product launches and brand promotions.

Key Players Profiled in the Report are:

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.

Key Highlights of Report

• In December 2020, Nyara Energy, formerly known as Essar Oil, partnered with Shell, a major energy company, to sell the latter’s industrial lubricants through its network of fuel stations in India. Nyara Energy has over 5,900 fuel stations in India and it plans to build new stations to reach 7,300 stations by 2022.
• 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.
• The Asia Pacific region held the largest share of the global market, with high demand witnessed in China. The country is a rapidly developing nation and is witnessing strong growth of construction, power generation, and oil & gas sectors.

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
    1. Transformer Oil
    2. Refrigeration Oil
    3. Textile Machinery Lubricants
  • Base Oil Outlook (Revenue, USD Billion; 2017–2027)
    • Mineral Oil
    • Synthetic Oil
      1. Polyalphaolefins (PAO)
      2. Polyalkylene Glycol (PAG)
      3. Esters
      4. 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
      1. Agriculture
      2. Pulp & Paper
      3. Marine (Deck Manufacturing)

Regional segmentation of the report covers key regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The report also offers a country-wise analysis of the Industrial Lubricants market to offer a better understanding of the key features such as production and consumption pattern, supply and demand ratio, import/export, revenue contribution, market share and size, and presence of key players in the region.

Detailed Regional Analysis Covers:

• 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 Factors influencing market remuneration:

• The global Industrial Lubricants market report includes a detailed study of the product spectrum of the market and further describes the different product types, including One-sided, Two-sided, and Others.
• The report zeroes in on the overall market dynamics and presents information with regard to the producers and distributors, manufacturing cost structure, and downstream buyers.
• Details pertaining to the expected growth rate, industry share, revenue accumulated, and product segmentation are depicted in this report.
• The application landscape of the global Industrial Lubricants market can be categorized into For Human, For Animals, and Others.
• The study further examines the industry share and product demand of each application, coupled with the predicted growth patterns of the various application segments.
• Other vital factors, such as market concentration ratio and raw material processing rate, have also been covered under the latest study.

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

CONTINUED…!

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