Industrial Lubricant Market Outlook To 2024: Key Product Categories (Engine Oils, Process Oils, Metalworking Fluids, General Oils), Application (Textiles, Energy, Food Processing, Metalworking, Hydraulic), Regional Segmentation, Competitive Dynamics, Pricing Analysis (OPP, IPP, RAP) And Segment Forecast

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The global industrial lubricant market is expected to grow to 70 billion USD by the end of the year 2024 with a CAGR of 3.1% till 3024. A wide range of application in sectors like, Chemical Industries, Mining, Construction, Electronic, Food processing, Automotive are driving the market growth of industrial lubricants. The increase in population is causing the expansion in industrial segments and this is directly impacting the lubricants market.

 

Global Industrial Lubricant Market 2024

 

 

Lubricants are a substance which is mainly used to reduce the friction between two surfaces and also it helps in transferring heat, power and foreign materials, reduce energy loss, reduce wear loss and etc. it is most essential part of the industrial machinery which has moving parts. Based on the source it is classified into 2 classes as Base oil, which is mainly mineral oil from petroleum and bio-based lubricant oils. Also, they can be classified as solid and liquid lubricants. Due to the necessity in any moving or rotating mechanical parts, it is ever increasing the market. By 2024 market size is expected to reach 20 million tons.

 

During 2015, the mineral oil lubricants segment accounted for the major shares and dominated the global industrial lubricants market. Global mineral oil-based lubricants market to grow at a CAGR of 2.3% during the period 2016-2024.  Mineral oil lubricants are available in different types such as fluid lubricants (oils), semi-fluid lubricants (greases) and solid lubricants. Manufacturing industries used mineral oil as lubricants which are less expensive compared to synthetic and bio-based oils. This will drive the market growth.

 

Investment in global process automation is expected to continue to grow at 6.05% and is projected to reach 122 billion USD by 2020. Process automation is the major driving factor for the demand for lubricants. Various applications such as lubricating gears, turbine oil, hydraulic oil,  gear box oil, rust protection oils, transformer oils are used in almost all manufacturing industries and expected to grow in the forecast period.

 

Another important type of lubricant which is emerging due to environmental concerns is bio-based lubricating oil. Bio-based lubricants market was 1.9 billion USD in 2015 and is expected to reach 4.3 billion USD by 2024 with a CAGR of 5.5% during 2015 to 2024. The bio-based lubricant market today mainly comes from vegetable oil and oilseeds. Production of vegetable oil across the globe is projected to 290 million metric tons by 2024.

 

The market size of food-grade lubricants is projected to reach 74 kilotons by 2024 and it was 45 kilotons in 2015 with a CAGR of 6.97 between 2015 and 2024. The market for food-grade lubricants is projected to grow to 320 Million USD by 2024 with 170 Million USD in 2015.

 

Technology Outlook

 

Technological progress in refining techniques is directly impacting the lubricant industry. The quality of lubricant mainly depends on the quality of Base oil used. Limitations in qualities of Group1 Base oil led to a demand for group2 and Group3 Base oil. Group3 oils can only be manufactured by latest refining technologies like hydrocracking with isomerization, dewaxing. Kluber Lubrication has recently introduced Kluberfood NH1 4-002 Spray, a new water-displacement fluid that can be used as a penetrating oil. Walter Surface Technologies recently released a new soluble cutting fluid to improve the life of cutting tools. Lyon Labs has discovered a new lubrication technology, Matched Molecular Chemistry, which has outperformed conventional technology in a full-scale industrial application.

 

Top Players, Company Share, Competitive Dynamics & M&A Insights

 

Top companies in industrial lubricant industry are Shell, Total S.A., Renewable Lubricants Inc, ExxonMobil Corp., Chevron Corp., Soyatech, LLC, Valvoline International, Kluber Lubrication, Fuchs Group, The Lubrizol Corporation, Clariant, Castrol, and Petronas Lubricant International, United Bio Lube and Revolution Bio-based Lubricants.

 

To meet the global market demand companies are investing on new methods and technology development. Shell recently opened a new technology center in China dedicated to research and development into lubricants and oils to focus on lubricant product development and application for China, India, Indonesia, South Korea, Thailand and Vietnam. Idemitsu Lubricants America recently opened a new facility that will focus on providing custom lubricant solutions to a variety of customers throughout North, Central and South America.

 

Merging and acquisition continue in lubricant industry. HollyFrontier recently agreed to acquire Suncor Energy’s Petro-Canada Lubricants business for approximately 845 million USD. Houghton International recently acquired Wallover Enterprises, a North American metalworking fluid and industrial lubricant manufacturer headquartered in Strongsville, Ohio. PetroChoice recently has acquired Universal Lubricants’ new oil business with the acquisition, PetroChoice will add 15 distribution locations, bringing its total to 45 facilities servicing 31 states.

 

Growth Drivers & Restraints

 

Rapid industrialization is the major growth driver for the growth of industrial lubricants. The increase in demand for grease, lube oil, gear oil, transformer oil is contributing to the growth. Investment to develop new products and additives will help the market players to increase the market. Awareness towards bio-based lubricants due to environmental regulations may restrain the mineral oil based lubricant market.

 

Conclusions

 

The overall growth of industrial lubricant market is solid in the forecast period. India is emerging as the fastest growing market in Asia Pacific and is expected to grow at a CAGR of 4.3% from 2016 to 2024. Demand in North America & Europe is expected to remain at a constant rate.

 

This report provides factors about current markets trends, product category, technologies, and market drivers and M&A. Provides market and technology projections for the upcoming years including the present technology and trends.

 

This report provides comprehensive analysis of,

 

  • Market growth drivers
  • Top players
  • Product outlook
  • Technology outlook

 

Regional outlook

 

  • North America
  • Europe
  • Asia Pacific

Product outlook

 

  • Mineral Oil based
  • Biobased lubricants
  • Food grade lubricants

Chapter 1 Methodology and Scope

  • Research Methodology
  • Research Scope & Assumptions
  • List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Industrial Lubricants Overview

  • Market Ecosystem
  • Key Stakeholders
  • Industry Trends & Analysis

Chapter 4 Industrial Lubricants Industry Outlook

  • Market Overview
  • Market Segmentation
  • Market Size & Growth Prospects
  • Market Analysis By Product
  • Market Analysis By Application
  • Leading Brand Dynamics
  • Key Market Drivers
    • Rapid industrialization in emerging economies
    • Increasing demand for low machinery maintenance
  • Key Market Challenges/ Restraints
    • Rising environmental concerns
  • Key Market Opportunities
    • Textile industry growth in Asia
    • Favorable regulatory environment
  • Major Trends & Issues
  • Penetration & Growth Prospects
  • Industry Analysis - Porter’s
  • Industrial Lubricants Market-PESTEL Analysis
  • Technology Landscape

Chapter 5: Pipeline Intelligence

  • Executive Summary
  • Upcoming/ Emerging Products and/or Solutions
  • Demand for standardized products
  • Key R&D Trends
  • M&A Outlook

Chapter 6: Regional Market Outlook

Industrial Lubricants Market Landscape by Region- 2014
  • North America Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Bn)
    • U.S. Market Landscape Analysis, 2014-2024
    • Canada Market Landscape Analysis-2014-2024
  • Europe Market Landscape Analysis, 2014-2024 Kilo (Tons, USD Bn)
    • UK Market Landscape Analysis, 2014-2024
    • Germany Market Landscape Analysis, 2014-2024
    • France Market Landscape Analysis, 2014-2024
    • Italy Market Landscape Analysis, 2014-2024
    • Spain Market Landscape Analysis, 2014-2024
  • Latin America Market Landscape Analysis, 2014-2024 Kilo (Tons, USD Bn)
    • Brazil Market Landscape Analysis, 2014-2024
    • Mexico Market Landscape Analysis, 2014-2024
    • Colombia Market Landscape Analysis, 2014-2024
  • Asia Pacific Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Bn)
    • Japan Market Landscape Analysis, 2014-2024
    • China Market Landscape Analysis, 2014-2024
    • India Market Landscape Analysis, 2014-2024
  • Middle East & Africa Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Bn)
    • Saudi Arabia Market Landscape Analysis, 2014-2024
    • UAE Market Landscape Analysis, 2014-2024

Chapter 7: Pricing Analysis

Optimal Price Points (OPP), Indifference Price Points (IPP) and Range of Acceptable Prices (RAP) of leading brands and revenue estimation by Region- 2015
  • North America Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2015)
    • U.S. Pricing Analysis-2015
    • Canada Pricing Analysis-2015
  • Europe Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2014)
    • UK Pricing Analysis-2015
    • Germany Pricing Analysis-2015
    • France Pricing Analysis-2015
    • Italy Pricing Analysis-2015
    • Spain Pricing Analysis-2015
  • Latin America Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2015)
    • Brazil Pricing Analysis-2015
    • Mexico Pricing Analysis-2015
    • Colombia Pricing Analysis-2015
  • Asia Pacific Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2015)
    • Japan Pricing Analysis-2015
    • China Pricing Analysis-2015
    • India Pricing Analysis-2015
  • Middle East & Africa Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2015)
    • Saudi Arabia Pricing Analysis-2015
    • UAE Pricing Analysis-2015

Chapter 8: Competitive Landscape

  • Shell
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Total S.A.
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Renewable Lubricants Inc.
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • ExxonMobil Corp.
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Chevron Corp.
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Soyatech LLC
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Valvoline International
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Kluber Lubrication
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Fuchs Lubricants
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • The Lubrizol Corporation
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Clariant
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Petronas Lubricant International
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • United Bio Lube
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
  • Revolution Bio-Based Lubricants
    • Company Overview
    • Financial Performance
    • Key Decision Maker
    • Product Pipeline
    • Strategic Initiative
List of Tables
  • TABLE 1 Industrial Lubricants Market - Industry Snapshot & Key Buying Criteria, 2014 - 2024
  • TABLE 2 Global Industrial Lubricants Market, 2014 – 2024 (Kilo Tons, USD Billion)
  • TABLE 3 Global Industrial Lubricants Market by Product, 2014 – 2024 (Kilo Tons, USD Billion)
  • TABLE 4 Global Industrial Lubricants Market by Application, 2014 – 2024 (Kilo Tons, USD Billion)
  • TABLE 5 Industrial Lubricants Market - Key Market Driver Analysis
  • TABLE 6 Industrial Lubricants Market - Key Market Restraint/ Challenge Analysis
  • TABLE 7 Industrial Lubricants Market – Key Opportunity Analysis
  • TABLE 8 North America Industrial Lubricants Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 9 U.S. Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 10 Canada Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 11 Europe Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 12 U.K Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 13 Germany Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 14 France Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 15 Italy Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 16 Spain Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 17 Latin America Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 18 Brazil Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 19 Mexico Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 20 Colombia Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 21 Asia pacific Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 22 Japan Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 23 China Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 24 India Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 25 Middle East & Africa Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion
  • TABLE 26 Saudi Arabia Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 27 UAE Industrial Lubricants Market Landscape Analysis, 2014-2024 (Kilo Tons, USD Billion)
  • TABLE 28 North America Pricing Analysis
  • TABLE 29 North America Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2015)
  • TABLE 30 U.S. Pricing Analysis-2015
  • TABLE 31 Canada Pricing Analysis-2015
  • TABLE 32 Europe Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2015)
  • TABLE 33 U.K Pricing Analysis-2015
  • TABLE 34 Germany Pricing Analysis-2015
  • TABLE 35 France Pricing Analysis-2015
  • TABLE 36 Italy Pricing Analysis-2015
  • TABLE 37 Spain Pricing Analysis-2015
  • TABLE 38 Latin America Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2015)
  • TABLE 39 Brazil Pricing Analysis-2015
  • TABLE 40 Mexico Pricing Analysis-2015
  • TABLE 41 Colombia Pricing Analysis-2015
  • TABLE 42 Asia Pacific Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2015)
  • TABLE 43 Japan Pricing Analysis-2015
  • TABLE 44 China Pricing Analysis-2015
  • TABLE 45 India Pricing Analysis-2015
  • TABLE 46 Middle East & Africa Pricing Analysis (OPP, IPP, RAP and Volume Estimation- 2015)
  • TABLE 47 Saudi Arabia Pricing Analysis-2015
  • TABLE 48 UAE Pricing Analysis-2015
List of Figures-
  • 1 Industrial Lubricants Market Segmentation
  • 2 Market Size & Growth Prospects
  • 3 Leading Brand Dynamics
  • 4 Penetration & Growth Prospects
  • 5 Industry Analysis – Porter’s
  • 6 Industrial Lubricants Market – PESTEL Analysis
  • 7 Industrial Lubricants Market Share by Product, 2015 & 2024
  • 7 Industrial Lubricants Market Share by Application, 2015 & 2024
  • 8 Industrial Lubricants Market Share by Region, 2015 & 2024

Key Insights Addressed:  

  • Defining market size from 2014 to 2015.
  • Estimating market growth till 2024 and consequence market forecast.
  • Identifying market drivers, restraints & future opportunities and allowing decision-maker with a range of possible outcomes and the probabilities that will occur for any choice of action.
  • Market segments and regions that will drive or lead market growth.
  • Defining Optimal Price Point (OPP) which will be accepted and recommended by maximum customers.
  • A bird’s-eye view of the competitive landscape and the key market players.
  • Key strategic growth driver adopted by market players. In-depth analysis of their strategies and implication on competition & growth.
  Key Findings:  
  • The global industrial lubricant market is expected to grow to 70 billion USD by the end of the year 2024 with a CAGR of 3.1% till 3024.
  • During 2015, the mineral oil lubricants segment accounted for the major shares and dominated the global industrial lubricants market. Global mineral oil-based lubricants market to grow at a CAGR of 2.3% during the period 2016-2024.
  • Kluber Lubrication has recently introduced Kluberfood NH1 4-002 Spray, a new water-displacement fluid that can be used as a penetrating oil.
  • Top companies in industrial lubricant industry are Shell, Total S.A., Renewable Lubricants Inc, ExxonMobil Corp., Chevron Corp., Soyatech, LLC, Valvoline International, Kluber Lubrication, Fuchs Group, The Lubrizol Corporation, Clariant, Castrol, and Petronas Lubricant International, United Bio Lube and Revolution Bio-based Lubricants.

Ameri Research implies a unique methodology of published information and primary research to bring key insights to customer decision making process. Our analytics model helps us to understand the structured and unstructured information from various sources. Key steps involves in the process are as below-

    1. Analyzing Published Information- Access to large pool of paid and unpaid published information via different sources and analyzing market trend.
    2. Setting Foundation- Input from analysis of secondary sources set our foundation to market analysis and helps in setting the scope for further research. Setting the scope involves Ameri Research proprietary statistical model, discussion with industry leaders, internal brain storming, key discussion pointers from various forums etc.
    3. Need Gap Analysis- Defining the gap between our scope and availability of information.
    4. KOL Panel Discussion- Focused Group Discussion with a structured discussion guide to fine tune the gap and deriving the factors driving/restraining the market trend.
    5. Quantitative Research- Sampling large number of industry players, Education/Research Institutes, Government bodies, NGOs, Individual acclaimed researchers and conducting primary interview with a structured questionnaire.
    6. Data Triangulation- We applies bottom-up demand approach or top-down estimation or a combined approach to triangulate the data points.
    7. Analyst Comment- Each of our analyst carry large pool of experience from domain perspective and add their value which are directional in nature
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Description

The global industrial lubricant market is expected to grow to 70 billion USD by the end of the year 2024 with a CAGR of 3.1% till 3024. A wide range of application in sectors like, Chemical Industries, Mining, Construction, Electronic, Food processing, Automotive are driving the market growth of industrial lubricants. The increase in population is causing the expansion in industrial segments and this is directly impacting the lubricants market.

 

Global Industrial Lubricant Market 2024

 

 

Lubricants are a substance which is mainly used to reduce the friction between two surfaces and also it helps in transferring heat, power and foreign materials, reduce energy loss, reduce wear loss and etc. it is most essential part of the industrial machinery which has moving parts. Based on the source it is classified into 2 classes as Base oil, which is mainly mineral oil from petroleum and bio-based lubricant oils. Also, they can be classified as solid and liquid lubricants. Due to the necessity in any moving or rotating mechanical parts, it is ever increasing the market. By 2024 market size is expected to reach 20 million tons.

 

During 2015, the mineral oil lubricants segment accounted for the major shares and dominated the global industrial lubricants market. Global mineral oil-based lubricants market to grow at a CAGR of 2.3% during the period 2016-2024.  Mineral oil lubricants are available in different types such as fluid lubricants (oils), semi-fluid lubricants (greases) and solid lubricants. Manufacturing industries used mineral oil as lubricants which are less expensive compared to synthetic and bio-based oils. This will drive the market growth.

 

Investment in global process automation is expected to continue to grow at 6.05% and is projected to reach 122 billion USD by 2020. Process automation is the major driving factor for the demand for lubricants. Various applications such as lubricating gears, turbine oil, hydraulic oil,  gear box oil, rust protection oils, transformer oils are used in almost all manufacturing industries and expected to grow in the forecast period.

 

Another important type of lubricant which is emerging due to environmental concerns is bio-based lubricating oil. Bio-based lubricants market was 1.9 billion USD in 2015 and is expected to reach 4.3 billion USD by 2024 with a CAGR of 5.5% during 2015 to 2024. The bio-based lubricant market today mainly comes from vegetable oil and oilseeds. Production of vegetable oil across the globe is projected to 290 million metric tons by 2024.

 

The market size of food-grade lubricants is projected to reach 74 kilotons by 2024 and it was 45 kilotons in 2015 with a CAGR of 6.97 between 2015 and 2024. The market for food-grade lubricants is projected to grow to 320 Million USD by 2024 with 170 Million USD in 2015.

 

Technology Outlook

 

Technological progress in refining techniques is directly impacting the lubricant industry. The quality of lubricant mainly depends on the quality of Base oil used. Limitations in qualities of Group1 Base oil led to a demand for group2 and Group3 Base oil. Group3 oils can only be manufactured by latest refining technologies like hydrocracking with isomerization, dewaxing. Kluber Lubrication has recently introduced Kluberfood NH1 4-002 Spray, a new water-displacement fluid that can be used as a penetrating oil. Walter Surface Technologies recently released a new soluble cutting fluid to improve the life of cutting tools. Lyon Labs has discovered a new lubrication technology, Matched Molecular Chemistry, which has outperformed conventional technology in a full-scale industrial application.

 

Top Players, Company Share, Competitive Dynamics & M&A Insights

 

Top companies in industrial lubricant industry are Shell, Total S.A., Renewable Lubricants Inc, ExxonMobil Corp., Chevron Corp., Soyatech, LLC, Valvoline International, Kluber Lubrication, Fuchs Group, The Lubrizol Corporation, Clariant, Castrol, and Petronas Lubricant International, United Bio Lube and Revolution Bio-based Lubricants.

 

To meet the global market demand companies are investing on new methods and technology development. Shell recently opened a new technology center in China dedicated to research and development into lubricants and oils to focus on lubricant product development and application for China, India, Indonesia, South Korea, Thailand and Vietnam. Idemitsu Lubricants America recently opened a new facility that will focus on providing custom lubricant solutions to a variety of customers throughout North, Central and South America.

 

Merging and acquisition continue in lubricant industry. HollyFrontier recently agreed to acquire Suncor Energy’s Petro-Canada Lubricants business for approximately 845 million USD. Houghton International recently acquired Wallover Enterprises, a North American metalworking fluid and industrial lubricant manufacturer headquartered in Strongsville, Ohio. PetroChoice recently has acquired Universal Lubricants’ new oil business with the acquisition, PetroChoice will add 15 distribution locations, bringing its total to 45 facilities servicing 31 states.

 

Growth Drivers & Restraints

 

Rapid industrialization is the major growth driver for the growth of industrial lubricants. The increase in demand for grease, lube oil, gear oil, transformer oil is contributing to the growth. Investment to develop new products and additives will help the market players to increase the market. Awareness towards bio-based lubricants due to environmental regulations may restrain the mineral oil based lubricant market.

 

Conclusions

 

The overall growth of industrial lubricant market is solid in the forecast period. India is emerging as the fastest growing market in Asia Pacific and is expected to grow at a CAGR of 4.3% from 2016 to 2024. Demand in North America & Europe is expected to remain at a constant rate.

 

This report provides factors about current markets trends, product category, technologies, and market drivers and M&A. Provides market and technology projections for the upcoming years including the present technology and trends.

 

This report provides comprehensive analysis of,

 

  • Market growth drivers
  • Top players
  • Product outlook
  • Technology outlook

 

Regional outlook

 

  • North America
  • Europe
  • Asia Pacific

Product outlook

 

  • Mineral Oil based
  • Biobased lubricants
  • Food grade lubricants

Additional information

Price

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