ASEAN, GCC, India, Africa lubricants Market Research Report – Forecast to 2030

ASEAN, GCC, India, Africa Lubricants Market Research Report Information: Base Oil (Mineral Oil) Application (Automotive) End-user (Energy) – Forecast Till 2030

ID: MRFR/CnM/4733-CR | July 2018 | Region: Global | 100 Pages         

1 Report Prologue




2 Market Introduction


2.1 Introduction


2.2 Assumptions & Limitations


3 Research Methodology


3.1 Research Process


3.2 Primary Research


3.3 Secondary Research


3.4 Market Size Estimation


4 Market Dynamics


4.1 Introduction


4.2 Drivers


4.2.1 Increasing Demand From The Automotive Industry In ASEAN & South Africa


4.2.2 Strong Performance Of Industrial Sector And Wide Application Scope Of Lubricants


4.2.3 Increasing Awareness Linked With Strict Governmental Regulations Surging The Sales Ofsynthetic Lubricants


4.3 Restraints


4.3.1 Rising Environmental Concerns Regarding Usage, Disposal, And Recycling Of Lubricants


4.3.2 Increasing Prevalence Of Electric Vehicles Resulting In Declining Demand


4.4 Trends & Opportunities


4.4.1 Significant FDI In The ASEAN Industrial Sector


4.4.2 Sanguine Demand For Agricultural Equipment In African Region To Offer Lucrative Opportunities


4.5 Challenge


4.5.1 High Cost Of Bio-Based Lubricants


5 Market Factor Analysis


5.1 Supply Chain Analysis


5.1.1 Raw Material Suppliers


5.1.2 Lubriacants Producers


5.1.3 Distributors


5.1.4 End Use Industries


5.2 Porter’s Five Forces Model


5.2.1 Bargaining Power Of Suppliers


5.2.2 Bargaining Power Of Buyers


5.2.3 Threat Of New Entrants


5.2.4 Threat Of Substitutes


5.2.5 Intensity Of Rivalry


6 ASEAN, Africa, India, & G.C.C. Lubricants Market, By Base Oil


6.1 Overview


6.1.1 Mineral Oil


6.1.1.1 Market Estimates & Forecast, 2020-2027


6.1.1.2 Market Estimates & Forecast By Region/Country, 2020-2027


6.1.2 Synthetic Oil


6.1.2.1 Market Estimates & Forecast, 2020-2027


6.1.2.2 Market Estimates & Forecast By Region/Country, 2020-2027


6.1.3 Bio Based Oil


6.1.3.1 Market Estimates & Forecast, 2020-2027


6.1.3.2 Market Estimates & Forecast By Region/Country, 2020-2027


7 ASEAN, Africa, India, & G.C.C. Lubricants Market, By Application


7.1 Overview


7.1.1 Automotive


7.1.1.1 Market Estimates & Forecast, 2020-2027


7.1.1.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.1.3 Engine Oil


7.1.1.3.1 Market Estimates & Forecast, 2020-2027


7.1.1.3.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.1.4 Gear Oil


7.1.1.4.1 Market Estimates & Forecast, 2020-2027


7.1.1.4.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.1.5 Transmission Fluids


7.1.1.5.1 Market Estimates & Forecast, 2020-2027


7.1.1.5.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.1.6 Break Oil


7.1.1.6.1 Market Estimates & Forecast, 2020-2027


7.1.1.6.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.1.7 Coolants


7.1.1.7.1 Market Estimates & Forecast, 2020-2027


7.1.1.7.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.1.8 Greases


7.1.1.8.1 Market Estimates & Forecast, 2020-2027


7.1.1.8.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2 Industrial


7.1.2.1 Market Estimates & Forecast, 2020-2027


7.1.2.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2.3 Process Oil


7.1.2.3.1 Market Estimates & Forecast, 2020-2027


7.1.2.3.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2.4 General Industrial Oil


7.1.2.4.1 Market Estimates & Forecast, 2020-2027


7.1.2.4.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2.5 Metal Working Fluids


7.1.2.5.1 Market Estimates & Forecast, 2020-2027


7.1.2.5.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2.6 Industrial Engine Oil


7.1.2.6.1 Market Estimates & Forecast, 2020-2027


7.1.2.6.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2.7 Compressor Oil


7.1.2.7.1 Market Estimates & Forecast, 2020-2027


7.1.2.7.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2.8 Greases


7.1.2.8.1 Market Estimates & Forecast, 2020-2027


7.1.2.8.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2.9 Hydraulic Oil


7.1.2.9.1 Market Estimates & Forecast, 2020-2027


7.1.2.9.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2.10 Turbine Oil


7.1.2.10.1 Market Estimates & Forecast, 2020-2027


7.1.2.10.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.2.11 Others


7.1.2.11.1 Market Estimates & Forecast, 2020-2027


7.1.2.11.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.3 Marine


7.1.3.1 Market Estimates & Forecast, 2020-2027


7.1.3.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.3.3 Engine Oil


7.1.3.3.1 Market Estimates & Forecast, 2020-2027


7.1.3.3.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.3.4 Hydraulic Oil


7.1.3.4.1 Market Estimates & Forecast, 2020-2027


7.1.3.4.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.3.5 Gear Oil


7.1.3.5.1 Market Estimates & Forecast, 2020-2027


7.1.3.5.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.3.6 Turbine Oil


7.1.3.6.1 Market Estimates & Forecast, 2020-2027


7.1.3.6.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.3.7 Greases


7.1.3.7.1 Market Estimates & Forecast, 2020-2027


7.1.3.7.2 Market Estimates & Forecast By Region/Country, 2020-2027


7.1.3.8 Others


7.1.3.8.1 Market Estimates & Forecast, 2020-2027


7.1.3.8.2 Market Estimates & Forecast By Region/Country, 2020-2027


8 ASEAN, Africa, India, & G.C.C. Lubricants Market, By End Use


8.1 Overview


8.1.1 Metal Production


8.1.1.1 Market Estimates & Forecast, 2020-2027


8.1.1.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.2 Textile


8.1.2.1 Market Estimates & Forecast, 2020-2027


8.1.2.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.2.3 Textile Composites


8.1.2.3.1 Market Estimates & Forecast, 2020-2027


8.1.2.3.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.2.4 Textile Finishing


8.1.2.4.1 Market Estimates & Forecast, 2020-2027


8.1.2.4.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.2.5 Textile Weaving


8.1.2.5.1 Market Estimates & Forecast, 2020-2027


8.1.2.5.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.2.6 Other Textile Applications


8.1.2.6.1 Market Estimates & Forecast, 2020-2027


8.1.2.6.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.3 Energy


8.1.3.1 Market Estimates & Forecast, 2020-2027


8.1.3.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.3.3 LNG (Liquid Natural Gas)


8.1.3.3.1 Market Estimates & Forecast, 2020-2027


8.1.3.3.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.3.4 Piplines


8.1.3.4.1 Market Estimates & Forecast, 2020-2027


8.1.3.4.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.3.5 Ocean Energy


8.1.3.5.1 Market Estimates & Forecast, 2020-2027


8.1.3.5.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.3.6 Other Energy Applications


8.1.3.6.1 Market Estimates & Forecast, 2020-2027


8.1.3.6.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.4 Chemical Manufacturing


8.1.4.1 Market Estimates & Forecast, 2020-2027


8.1.4.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.4.3 Industrial Gas


8.1.4.3.1 Market Estimates & Forecast, 2020-2027


8.1.4.3.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.4.4 Fertilizers


8.1.4.4.1 Market Estimates & Forecast, 2020-2027


8.1.4.4.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.4.5 Polymer


8.1.4.5.1 Market Estimates & Forecast, 2020-2027


8.1.4.5.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.4.6 Other Chemical Manufacturing


8.1.4.6.1 Market Estimates & Forecast, 2020-2027


8.1.4.6.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.5 Food Processing


8.1.5.1 Market Estimates & Forecast, 2020-2027


8.1.5.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.5.3 Frozen Food


8.1.5.5.1 Market Estimates & Forecast, 2020-2027


8.1.5.5.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.5.4 Beverages


8.1.5.4.1 Market Estimates & Forecast, 2020-2027


8.1.5.4.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.5.5 Processed Food


8.1.5.5.1 Market Estimates & Forecast, 2020-2027


8.1.5.5.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.5.6 Other Food Applications


8.1.5.6.1 Market Estimates & Forecast, 2020-2027


8.1.5.6.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.6 Construction & Mining


8.1.6.1 Market Estimates & Forecast, 2020-2027


8.1.6.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.7 Cement Production


8.1.7.1 Market Estimates & Forecast, 2020-2027


8.1.7.2 Market Estimates & Forecast By Region/Country, 2020-2027


8.1.8 General Industrial Manufacturing


8.1.8.1 Market Estimates & Forecast, 2020-2027


8.1.8.2 Market Estimates & Forecast By Region/Country, 2020-2027


9 ASEAN, Africa, India, & G.C.C. Lubricants Market, By Region


9.1 Overview


9.2 India


9.2.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.2.2 Market Estimates & Forecast By Application, 2020-2027


9.2.3 Market Estimates & Forecast By End Use, 2020-2027


9.3 ASEAN


9.3.1 Market Estimates & Forecast, By Country, 2020-2027


9.3.2 Market Estimates & Forecast By Base Oil, 2020-2027


9.3.3 Market Estimates & Forecast By Application, 2020-2027


9.3.4 Market Estimates & Forecast By End Use, 2020-2027


9.3.4.1 Malaysia


9.3.4.1.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.3.4.1.2 Market Estimates & Forecast By Application, 2020-2027


9.3.4.1.3 Market Estimates & Forecast By End Use, 2020-2027


9.3.4.2 Thailand


9.3.4.2.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.3.4.2.2 Market Estimates & Forecast By Application, 2020-2027


9.3.4.2.3 Market Estimates & Forecast By End Use, 2020-2027


9.3.4.3 Singapore


9.3.4.3.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.3.4.3.2 Market Estimates & Forecast By Application, 2020-2027


9.3.4.3.3 Market Estimates & Forecast By End Use, 2020-2027


9.3.4.4 Indonesia


9.3.4.4.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.3.4.4.2 Market Estimates & Forecast By Application, 2020-2027


9.3.4.4.3 Market Estimates & Forecast By End Use, 2020-2027


9.3.4.5 Vietnam


9.3.4.5.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.3.4.5.2 Market Estimates & Forecast By Application, 2020-2027


9.3.4.5.3 Market Estimates & Forecast By End Use, 2020-2027


9.3.4.6 Rest Of ASEAN


9.3.4.6.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.3.4.6.2 Market Estimates & Forecast By Application, 2020-2027


9.3.4.6.3 Market Estimates & Forecast By End Use, 2020-2027


9.4 Africa


9.4.1 Market Estimates & Forecast, By Country, 2020-2027


9.4.2 Market Estimates & Forecast By Base Oil, 2020-2027


9.4.3 Market Estimates & Forecast By Application, 2020-2027


9.4.4 Market Estimates & Forecast By End Use, 2020-2027


9.4.4.1 South Africa


9.4.4.1.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.4.4.1.2 Market Estimates & Forecast By Application, 2020-2027


9.4.4.1.3 Market Estimates & Forecast By End Use, 2020-2027


9.4.4.2 Rest Of North Africa


9.4.4.2.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.4.4.2.2 Market Estimates & Forecast By Application, 2020-2027


9.4.4.2.3 Market Estimates & Forecast By End Use, 2020-2027


9.4.4.3 Nigeria


9.4.4.3.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.4.4.3.2 Market Estimates & Forecast By Application, 2020-2027


9.4.4.3.3 Market Estimates & Forecast By End Use, 2020-2027


9.4.4.4 Tanzania


9.4.4.4.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.4.4.4.2 Market Estimates & Forecast By Application, 2020-2027


9.4.4.4.3 Market Estimates & Forecast By End Use, 2020-2027


9.4.4.5 Kenya


9.4.4.5.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.4.4.5.2 Market Estimates & Forecast By Application, 2020-2027


9.4.4.5.3 Market Estimates & Forecast By End Use, 2020-2027


9.4.4.6 Egypt


9.5.4.6.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.4.6.2 Market Estimates & Forecast By Application, 2020-2027


9.5.4.6.3 Market Estimates & Forecast By End Use, 2020-2027


9.4.4.7 Ghana


9.5.4.7.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.4.7.2 Market Estimates & Forecast By Application, 2020-2027


9.5.4.7.3 Market Estimates & Forecast By End Use, 2020-2027


9.4.4.8 Rest Of Africa


9.5.4.8.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.4.8.2 Market Estimates & Forecast By Application, 2020-2027


9.5.4.8.3 Market Estimates & Forecast By End Use, 2020-2027


9.5 G.C.C.


9.5.1 Market Estimates & Forecast, By Country, 2020-2027


9.5.2 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.3 Market Estimates & Forecast By Application, 2020-2027


9.5.4 Market Estimates & Forecast By End Use, 2020-2027


9.5.4.1 Saudi Arabia


9.5.4.1.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.4.1.2 Market Estimates & Forecast By Application, 2020-2027


9.5.4.1.3 Market Estimates & Forecast By End Use, 2020-2027


9.5.4.2 UAE


9.5.4.2.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.4.2.2 Market Estimates & Forecast By Application, 2020-2027


9.5.4.2.3 Market Estimates & Forecast By End Use, 2020-2027


9.5.4.3 Qatar


9.5.4.3.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.4.3.2 Market Estimates & Forecast By Application, 2020-2027


9.5.4.3.3 Market Estimates & Forecast By End Use, 2020-2027


9.5.4.4 Oman


9.5.4.4.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.4.4.2 Market Estimates & Forecast By Application, 2020-2027


9.5.4.4.3 Market Estimates & Forecast By End Use, 2020-2027


9.5.4.5 Kuwait


9.5.4.5.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.4.5.2 Market Estimates & Forecast By Application, 2020-2027


9.5.4.5.3 Market Estimates & Forecast By End Use, 2020-2027


9.5.4.6 Bahrain


9.5.4.6.1 Market Estimates & Forecast By Base Oil, 2020-2027


9.5.4.6.2 Market Estimates & Forecast By Application, 2020-2027


9.5.4.6.3 Market Estimates & Forecast By End Use, 2020-2027


10 Competitive Landscape


10.1 Introduction


10.2 Competitive Analysis


10.2.1 Introduction


10.2.2 Market Share Analysis


10.2.3 Key Development Strategies


11 Company Profiles


11.1 PetroChina Company Ltd.


11.1.1 Company Overview


11.1.2 Financial Overview


11.1.3 Products Offering


11.1.4 Key Developments


11.1.5 SWOT Analysis


11.1.6 Key Strategy


11.2 Sinopec Corporation


11.2.1 Company Overview


11.2.2 Financial Overview


11.2.3 Products Offering


11.2.4 Key Developments


11.2.5 SWOT Analysis


11.2.6 Key Strategy


11.3 Fuchs Petrolub SE


11.3.1 Company Overview


11.3.2 Financial Overview


11.3.3 Products Offering


11.3.4 Key Developments


11.3.5 SWOT Analysis


11.3.6 Key Strategy


11.4 Phillips 66 Company


11.4.1 Company Overview


11.4.2 Financial Overview


11.4.3 Products Offering


11.4.4 Key Developments


11.4.5 SWOT Analysis


11.4.6 Key Strategy


11.5 Lucas Oil Products, Inc..


11.5.1 Company Overview


11.5.2 Financial Overview


11.5.3 Products Offering


11.5.4 Key Developments


11.5.5 SWOT Analysis


11.5.6 Key Strategy


11.6 AMSOIL INC.


11.6.1 Company Overview


11.6.2 Financial Overview


11.6.3 Products Offering


11.6.4 Key Developments


11.6.5 SWOT Analysis


11.6.6 Key Strategy


11.7 Valvoline, Inc.


11.7.1 Company Overview


11.7.2 Financial Overview


11.7.3 Products Offering


11.7.4 Key Developments


11.7.5 SWOT Analysis


11.7.6 Key Strategy


11.8 Clariant


11.8.1 Company Overview


11.8.2 Financial Overview


11.8.3 Products Offering


11.8.4 Key Developments


11.8.5 SWOT Analysis


11.8.6 Key Strategy


11.9 Quaker Chemical Corporation


11.9.1 Company Overview


11.9.2 Financial Overview


11.9.3 Products Offering


11.9.4 Key Developments


11.9.5 SWOT Analysis


11.9.6 Key Strategy


11.10 Calumet Specialty Products Partners, L.P


11.10.1 Company Overview


11.10.2 Financial Overview


11.10.3 Products Offering


11.10.4 Key Developments


11.10.5 SWOT Analysis


11.10.6 Key Strategy


11.11 Chevron Corporation


11.11.1 Company Overview


11.11.2 Financial Overview


11.11.3 Products Offering


11.11.4 Key Developments


11.11.5 SWOT Analysis


11.11.6 Key Strategy


11.12 BP Plc


11.12.1 Company Overview


11.12.2 Financial Overview


11.12.3 Products Offering


11.12.4 Key Developments


11.12.5 SWOT Analysis


11.12.6 Key Strategy


11.13 Exxon Mobil Corporation.


11.13.1 Company Overview


11.13.2 Financial Overview


11.13.3 Products Offering


11.13.4 Key Developments


11.13.5 SWOT Analysis


11.13.6 Key Strategy


11.14 Royal Dutch Shell Plc


11.14.1 Company Overview


11.14.2 Financial Overview


11.14.3 Products Offering


11.14.4 Key Developments


11.14.5 SWOT Analysis


11.14.6 Key Strategy


11.15 Total S.A.


11.15.1 Company Overview


11.15.2 Financial Overview


11.15.3 Products Offering


11.15.4 Key Developments


11.15.5 SWOT Analysis


11.15.6 Key Strategy


11.16 Lukoil


11.16.1 Company Overview


11.16.2 Financial Overview


11.16.3 Products Offering


11.16.4 Key Developments


11.16.5 SWOT Analysis


11.16.6 Key Strategy


11.17 Petronas


11.17.1 Company Overview


11.17.2 Financial Overview


11.17.3 Products Offering


11.17.4 Key Developments


11.17.5 SWOT Analysis


11.17.6 Key Strategy


11.18 Yushiro Chemical Industry


11.18.1 Company Overview


11.18.2 Financial Overview


11.18.3 Products Offering


11.18.4 Key Developments


11.18.5 SWOT Analysis


11.18.6 Key Strategy


11.19 Morris Lubricants


11.19.1 Company Overview


11.19.2 Financial Overview


11.19.3 Products Offering


11.19.4 Key Developments


11.19.5 SWOT Analysis


11.19.6 Key Strategy


11.20 Rock Valley Oil And Chemical Co.


11.20.1 Company Overview


11.20.2 Financial Overview


11.20.3 Products Offering


11.20.4 Key Developments


11.20.5 SWOT Analysis


11.20.6 Key Strategy


11.21 Indian Oil Corporation Limited


11.21.1 Company Overview


11.21.2 Financial Overview


11.21.3 Products Offering


11.21.4 Key Developments


11.21.5 SWOT Analysis


11.21.6 Key Strategy


11.22 Gulf Oil India


11.22.1 Company Overview


11.22.2 Financial Overview


11.22.3 Products Offering


11.22.4 Key Developments


11.22.5 SWOT Analysis


11.22.6 Key Strategy


12 Appendix


13 List Of Tables


14 List Of Figures


ASEAN, GCC, India, Africa Lubricants Market

ASEAN, GCC, India, Africa Lubricants Market Is Anticipated To Touch USD 32,633.9 Million By 2030 With Expected To Exhibit A 4.40% CAGR During The Assessment Period (2021-2030)

Segmentation

By Base Oil Mineral Oil
By Application Automotive
By End-user Energy

Key Players

  • PetroChina Company Ltd.
  • Morris Lubricants
  • Indian Oil Corporation Limited
  • Calumet Specialty Products Partners
  • L.P
  • Quaker Chemical Corporation
  • AMSOIL INC.
  • Valvoline Inc.
  • Sinopec Corporation
  • Lucas Oil Products Inc.
  • Phillips 66 Company
  • Yushiro Chemical Industry
  • Chevron Corporation

Drivers

  • Massive demand of lubricants from the automotive sector
Speak to Analyst Request a Free Sample

The ASEAN, GCC, India, Africa lubricants market is anticipated to touch USD 32,633.9 million by 2030, as per an insightful report by Market Research Future (MRFR). It is expected to exhibit a 4.40% CAGR during the assessment period (2021-2030). Increasing demand for lubricants from the automotive sector in the Association of Southeast Asian Nations (ASEAN) and South Africa regions is expected to drive market growth over the forecast period. Expansion of various industries is likely to induce demand for lubricants for the smooth functioning of machinery.


Lubricants are liquids designed to reduce the wear and tear of various parts during runtime. It can ensure smooth functioning of machines at peak speeds with reliability and efficiency. These lubricants cater to needs of automotive and industrial sectors. Investments by players from India and Africa to acquire oilfields to lower crude prices can facilitate market growth. Increasing demand for agricultural equipment in Africa can open up growth opportunities for the market.


Rising environmental concerns regarding the disposal and recycling of lubricants can act as a growth deterrent for the market. Prevalence of electric vehicles is another looming threat which can negatively affect the market.


Report Overview


This report allows the user to gain a deeper understanding of the ongoing events and trends in the ASEAN, GCC, India, Africa market for lubricants. By correlating the historical data with key market dynamics, our analysts were able to make highly accurate projections in the report. MRFR’s report includes a thorough segmental analysis of the ASEAN, GCC, India, Africa lubricants market segmented by base oil, application, end-user, and region with astute insights. This report has been prepared to assist industry participants in making informed decisions on growth strategies and operation management. Users will also come across drivers, trends, opportunities, and restraints which are likely to influence the growth of the market during the assessment period.


Segment Overview


By base oil, the ASEAN, GCC, India, Africa lubricants market has been segmented into mineral oil, synthetic oil, and bio-based oil.  The mineral oil segment valuation is anticipated to touch USD 25,417.2 million by 2023. The role of mineral oil as a coolant in insulators and transformers can act as a catalyst to segment growth. This segment can display a 4.20% CAGR over the forecast period. The bio-based oil segment valuation can reach USD 953.1 million by 2023.


By application, the market is segmented into automotive and industrial. The former is sub-segmented into engine oil, gear oil, transmission fluids, coolants, break oil, and greases. The latter is similarly segmented into greases, compressor oil, general industrial oil, process oil, turbine oil, hydraulic oil, industrial engine oil, metalworking fluids, and others. The automotive application segment is touted to grow at a robust CAGR of 4.35% during the forecast period. Rise in trading, sales of motor vehicles, and increase in expendable income levels of consumers are factors likely to augur segment growth over the forecast period.


By end-user, the market is segmented into food processing, construction and mining, metal production, cement production, textile, general industrial manufacturing, chemical manufacturing, and energy. The energy segment accounted for 24.2% share of the market. It can reach a projected valuation of USD 7,277.9 million by 2023 by growing at a 4.64% CAGR over the forecast period.


The segments and sub-segments covered in the report are analyzed under four major regions – ASEAN, Gulf Cooperation Council (GCC), India, and Africa, with respective country-level market sizing. For the scope of research, the standard definition of the product/service “lubricant” is included in the report. The report discusses and interprets the current and future opportunities of the industry by delivering an unbiased growth assessment.


Players Covered


PetroChina Company Ltd., Morris Lubricants, Indian Oil Corporation Limited, Calumet Specialty Products Partners, L.P, Quaker Chemical Corporation, AMSOIL INC., Valvoline, Inc., Sinopec Corporation, Lucas Oil Products, Inc., Phillips 66 Company, Yushiro Chemical Industry, Chevron Corporation, BP Plc, Exxon Mobil Corporation, Lukoil, Petronas, Clariant, Fuchs Petrolub SE, Rock Valley Oil and Chemical Co., Gulf Oil India, Royal Dutch Shell Plc, Total S.A., and others are noteworthy players in the ASEAN, GCC, India, Africa lubricants market. Players in the market are focusing on strengthening their supply chain by acquiring oilfields and expanding their product offerings to cater to demands from various industrial sectors.


The report offers comprehensive profiles on these market players and assesses their current standing in the ASEAN, GCC, India, Africa lubricants market. Company history coupled with annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, mergers and acquisitions (M&A) activities, and latest R&D initiatives are outlined in the report.


Research Methodology


Market Research Future (MRFR) uses a combination of primary and secondary research to compile market reports. Primary data is accumulated from interviewing industry stalwarts and secondary research is collated by studying white papers and annual reports of leading players. Our analysts use top-down and bottom-up approaches to validate the findings of the report. The report comprises news, current trends, and future prospects related to the market, all of which can provide a thorough understanding of the market to clients. Industry leaders can make accurate business decisions based on our insights.


Analysis Period



  • Base Year - 2016

  • Projection Period - From 2017 to 2023

  • Market Denomination - USD Million

  • Volume Unit - Kilotons

  • Conversion Rate - Considered as per the respective financial years


Intended Audience



  • Associations

  • Government

  • Lubricants manufacturers

  • Suppliers and distributors

  • Potential investors

  • Raw material suppliers

  • End Use Industries


For the scope of research, the report offers a comprehensive analysis of the ASEAN, GCC, India, Africa lubricants market.


Base Oil



  • Mineral oil

  • Synthetic oil

  • Bio-based oil


Application



  • Automotive

    • Transmission Fluids

    • Break Oil

    • Greases

    • Coolants

    • Engine Oil

    • Gear Oil



  • Industrial

    • Hydraulic oil

    • Process oil

    • Industrial engine oil

    • Turbine oil

    • Greases

    • General industrial oil

    • Compressor oil

    • Metalworking fluids

    • Others




End-user



  • Food Processing

  • Construction & Mining

  • Metal Production

  • Cement Production

  • Textile

  • General Industrial Manufacturing

  • Chemical Manufacturing

  • Energy


Region



  • ASEAN; Vietnam, Malaysia, Thailand, Singapore, Indonesia, Rest of ASEAN

  • GCC; Saudi Arabia, UAE, Qatar, Oman, Kuwait, Bahrain

  • India;

  • Africa; South Africa, Nigeria, Tanzania, Kenya, Egypt, Ghana, Rest of Africa



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 32,633.9 million 20030
  CAGR   4.40% 2030
  Base Year   2021
  Forecast Period   2021-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Base Oil, Application, End-user
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   PetroChina Company Ltd., Morris Lubricants, Indian Oil Corporation Limited, Calumet Specialty Products Partners, L.P, Quaker Chemical Corporation, AMSOIL INC., Valvoline, Inc., Sinopec Corporation, Lucas Oil Products, Inc., Phillips 66 Company, Yushiro Chemical Industry, Chevron Corporation, BP Plc, Exxon Mobil Corporation, Lukoil, Petronas, Clariant, Fuchs Petrolub SE, Rock Valley Oil and Chemical Co., Gulf Oil India, Royal Dutch Shell Plc, Total S.A.,
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers   Massive demand of lubricants from the automotive sector


Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

The ASEAN, GCC, India, Africa lubricants market is expected to touch USD 32,633.9 million by 2030.

The ASEAN, GCC, India, Africa lubricants market can exhibit 4.40% CAGR from 2021-2030.

Massive demand of lubricants from the automotive sector can drive the ASEAN, GCC, India, Africa lubricants market.

Disposal of lubricants and production of electric vehicles are threats for the ASEAN, GCC, India, Africa lubricants market.

The automotive application in the ASEAN, GCC, India, Africa lubricants market can exhibit 4.53% CAGR from 2017 to 2023.

Morris Lubricants, Valvoline, Inc., Sinopec Corporation, Lukoil, Calumet Specialty Products Partners, L.P, Chevron Corporation, Total S., Exxon Mobil Corporation, Fuchs Petrolub SE, Phillips 66 Company, Gulf Oil India, Lucas Oil Products, Inc., Yushiro Chemical Industry, Royal Dutch Shell Plc, AMSOIL INC., PetroChina Company Ltd., Clariant, BP Plc, Rock Valley Oil and Chemical Co., Quaker Chemical Corporation, Petronas, Indian Oil Corporation Limited are the key players in the ASEAN, GCC, India, Africa lubricants market.

Competitive landscape –Lubricants Market


The ASEAN, GCC, Africa & India lubricants market consists of many industry players operating globally. Most of the proficient industry participants have acquired a substantial share of the market by offering broad-spectrum products. The primary focus of industry players is an expansion, agreement, and product launch. Some of the major players operating in the market are BP Plc, Royal Dutch Shell, Exxon Mobil, Chevron, Total SA, PetroChina, Fuchs PetrolubAG, Indian Oil Corporation Limited, and Gulf oil India. These players collectively accounted for 60% of overall market share.


PetroChina Company Ltd. is engaged in manufacturing of upstream and downstream products in the petroleum industry. The company operates through four business segments namely marketing, natural gas & pipelines, refinery & chemicals, exploration, and production. With rising demand for lubricants in emerging countries that rely majorly on imports, the company has a strategy to expand its foothold in developing regions. In line with the strategy, the company has announced an expansion plan and acquisition of fuel storage facility and setting up business in Brazil, Pakistan, and West Africa. Additionally, it is planning to expand its upstream and downstream asset in Indonesia market. For this expansion, the company is participating in bidding round of 2018 and planning to acquire stakes in major oil & gas acreages.


Sinopec Corporation or China Petroleum and Chemical Corporation is a chemical and energy company that deals in upstream, midstream, and downstream operations. The company aims to strengthen its product portfolio in the business segments and is investing more into expansion and development of new products. Sinopec and BASF formed an agreement to expand production capacity of neopentyl glycol in Nanjing, China. The plant is estimated to reach double the capacity by producing 80,000 tons of neopentyl glycol annually.


Fuchs Petrolub SE is actively focusing on becoming one of the world leaders in the lubricants segment. As a strong presence in the global market, the company has opened a new facility for research and development in Beresfield, Australia. This plant is expected to serve numerous sectors such as transportation, agriculture, and mining market in New Zealand and Australia. Furthermore, at the end of 2017, the company has acquired Romanian lubricant business from LUBASYST, a leading player in lubricants.


Phillips 66 Company has been operating in lubricant market since 1964 and has expanded presence in the United States, the United Kingdom, Germany, and other regions as well. The company has increased expenditure in research & development to cater the growing needs of consumer preference in application industry. Therefore, the company launched new product named as Phillips 66 El Mar LF-D GEO in lubricants market to meet challenges and minimize corrosion done by contaminants especially in gas engines during conversion of landfill methane into energy. However, strong portfolio in lubricant segment with innovation in new products is likely to open new avenues for the company growth.


BP Plc one of the world largest player in oil & gas industry. The company has about 18300 retail sites and operates across 70 countries through three core business segments: upstream, downstream, and rosneft. The rosneft segment engaged in the production of hydrocarbons in the United States, Canada, Vietnam, Venezuela, Brazil, Algeria, the United Arab Emirates, Turkmenistan, and Norway and offers jet fuel, bunkering, bitumen, and lubricants. The company strategies to expand its product portfolio in new emerging market thereby building high-quality lubricants blends. In 2015, the company signed an agreement with KenolKobil a distributor, for the distribution of Castrol-branded lubricants, in the emerging economies. Thus, strengthening its presence by meeting consumer requirements.