Industrial Lubricants Market Research Report - Forecast to 2027

Industrial Lubricants Market Information Report by Type (Hydraulic Lubricants, Compressor Lubricants, Gear Lubricants, Metal Working Fluids and Others), by End User (Automotive, Manufacturing, Heavy Industries, Power Generation and Others) and Region - Global Forecast to 2027

ID: MRFR/CnM/2002-HCR | February 2021 | Region: Global | 111 pages

Please note that the assessment period of report has been updated from 2017-2022 to 2020-2027. Cordially fill the sample form for updated data.

Market Scenario

Industrial Lubricants Market are used to reduce friction. Their primary function is to displace solid surfaces with a fluid film. They are used to modify surface properties, regulate temperature, or remove debris. High demand from the automotive sector is the key factor driving the growth of the industrial lubricants market. To ensure smooth working of machines in industries, the demand for grease increasing in industries is also fuelling the growth of the global industrial lubricants market. On the other hand, increasing popularity of hybrid electric vehicles may hamper the growth of the global industrial lubricants market. Global Industrial Lubricants Market was valued at USD 56.87 billion in 2016, and is expected to grow at CAGR of 2.4% by 2022.

Study Objectives of Global Industrial Lubricants Market

  • To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global industrial lubricants market.

  • To provide insights about factors affecting the market growth

  • To analyze the global industrial lubricants market based on various Factors such as Supply Chain Analysis, and Porter’s Five Force Analysis

  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries

  • To provide country level analysis of the market with respect to the current market size and future prospective

  • To provide country level analysis of the market for segments by type, end users and region

  • To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market

  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the industrial lubricants market

Market Segmentation Industrial Lubricants Market Image

Key Players

The key players of global industrial lubricants market are ExxonMobil Corporation  (U.S.), Royal Dutch Shell Plc. (The Netherlands), Chevron Corporation (U.S.), BP p.l.c. (U.K.), Total S.A. (France), Petrochina Company Limited (China), Sinopec Limited (China), LUKOIL (Russia), Fuchs Petrolub AG (Germany), and Idemitsu Kosan Co. Ltd  (Japan).

Regional Analysis

Asia-Pacific region dominates the global industrial lubricants market. Rapid growth in automotive and manufacturing sector in this region is a significant factor that spurs the demand of the market in APAC region. In Asia-Pacific region, global industrial lubricants market is expected to grow at the fastest pace during the forecast period. Saturated regions such as Europe is expected to grow at a moderate pace, owing to increasing output from end-use industries.

Intended Audience

  • Lubricants Manufacturing Industries

  • Distributer & Supplier companies

  • consultants and Investment bankers

  • Government as well as Independent Regulatory Authorities

Product Analysis

  • Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information

  • Regulatory Landscape

  • Pricing Analysis

  • Macroeconomic Indicators

Geographic Analysis

  • Geographical analysis across 15 countries

Company Information

  • Profiling of 10 key market players

  • In-depth analysis including SWOT analysis, and strategy information of related to report title

  • Competitive landscape including emerging trends adopted by major companies

The report for Global Industrial Lubricants Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Frequently Asked Questions (FAQ) :

The global industrial lubricants market is expected to expand at a CAGR of 2.4% from 2014-2022

The global industrial lubricants market is majorly driven by the smooth functioning of machines across industrial sectors globally.

The global industrial lubricants market faces a challenge from the growing electric or hybrid machines.

Fuchs Petrolub AG, Royal Dutch Shell Plc., BP p.l.c., Idemitsu Kosan Co. Ltd, Sinopec Limited, LUKOIL, Total S., Chevron Corporation, Petrochina Company Limited, and ExxonMobil Corporation are the topmost players of the global industrial lubricants market

The APAC region is expected to dominate the global industrial lubricants market.