Lubricants reduce friction between surfaces. They are usually in oily, semi-fluid, or solid state. Superior-quality lubricants possess various characteristics such as a high level of thermal stability, high boiling point, low freezing point, and high viscosity index. These features help it reduce friction between surfaces of machine parts and increase operational efficiency. There are several types of lubricants including engine oils, process oils, hydraulic fluids, turbine oils, tractor fluids, gear oils, and metal-working fluids. Lubricants can be classified into mineral-based, synthetic, and bio-based lubricants. These lubricants are used in various industries including Automotive, Industrial Machinery, Textile, Food and Beverages, Plastic, and Chemical industries.

Analysts forecast the Global Lubricants market to grow at a CAGR of 2.3 percent over the period 2014-2019.

The Global Lubricants market can be segmented into four: Mineral-based, Oil-based, Synthetic, and Bio-based.

Global Lubricants Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Lubricants market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Regions

  Americas

    APAC

    EMEA

Key Vendors

    BP

    China National Petroleum Corporation

    Exxon Mobil

    Royal Dutch Shell

    Saudi Aramco

Other Prominent Vendors

    Fuchs Petrolub

    Gazprom

    Idemitsu Kosan

    JX Holdings

    NK Lukoil

    PetroChina

    Petronas Chemicals Group

    Sinopec

    Total

Market Driver

    Growing Demand from Automotive Industry

Market Challenge

    Increased Environmental Impact

Market Trend

    Development of Environment-friendly Lubricants

Key Questions Answered in this Report

    What will the market size be in 2019 and what will the growth rate be?

    What are the key market trends?

    What is driving this market?

    What are the challenges to market growth?

    Who are the key vendors in this market space?

    What are the market opportunities and threats faced by the key vendors?

    What are the strengths and weaknesses of the key vendors?

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