ID: MRFR/CnM/2109-HCR | 140 Pages | Author: Priya Nagrale | March 2024
1 Executive Summary
2 Scope of The Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat of New Entrants
4.1.2 Bargaining power of buyers
4.1.3 Threat of substitutes
4.1.4 Segment rivalry
4.2 Value Chain/Supply Chain of Global Synthetic Lubricant Market
5 Industry Overview of Global Synthetic Lubricant Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact analysis
5.4 Market Challenges
5.5 Impact analysis
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact analysis
7. Global Synthetic Lubricant Market by Region
8. Global Synthetic Lubricant Market by Types (Silicones, esters, PAO, PAG, and Others)
9. Global Synthetic Lubricant Market by Application (Engine Oil, Process Oil, Hydraulic Oil, Marine Lubricants, Metal Working Fluids, and Others)
10. Global Synthetic Lubricant Market by End User (Automobile, Construction, Power & Energy, Mining, Oil & Gas, Food Processing, and Others)
11. Company Profiles
11.1 Exxon Mobil Corporation
11.1.1 Company Overview
11.1.2 Product/Business Segment Overview
11.1.3 Financial Updates
11.1.4 Key Developments
11.2 The DOW Chemical Company
11.2.1 Company Overview
11.2.2 Product/Business Segment Overview
11.2.3 Financial Updates
11.2.4 Key Developments
11.3 Fuchs Petolub SE
11.3.1 Company Overview
11.3.2 Product/Business Segment Overview
11.3.3 Financial Updates
11.3.4 Key Developments
11.4 Total Lubricants
11.4.1 Company Overview
11.4.2 Product/Business Segment Overview
11.4.3 Financial Updates
11.4.4 Key Developments
11.5 Demitsu Kosan Co. Ltd
11.5.1 Company Overview
11.5.2 Product/Business Segment Overview
11.5.3 Financial Updates
11.5.4 Key Developments
11.6 BP PLC
11.6.1 Company Overview
11.6.2 Product/Business Segment Overview
11.6.3 Financial Updates
11.6.4 Key Developments
11.7 Chevron Corporation
11.8.1 Company Overview
11.7.2 Product/Business Segment Overview
11.7.3 Financial Updates
11.7.4 Key Developments
11.8 Lubrizol Corporation.
11.8.1 Company Overview
11.8.2 Product/Business Segment Overview
11.8.3 Financial Updates
11.8.4 Key Developments
11.9 Pennzoil
11.8.1 Company Overview
11.9.2 Product/Business Segment Overview
11.9.3 Financial Updates
11.9.4 Key Developments
11.10 Petroliam Nasional Berhad
11.10.1 Company Overview
11.10.2 Product/Business Segment Overview
11.10.3 Financial Updates
11.10.4 Key Developments
12 Conclusion
LIST OF TABLES
Table 1 World Population by Major Regions (2020-2027) (Billion)
Table 2 Global Synthetic Lubricant Market: By Region, 2020-2027 (USD Billion)
Table 3 North America Synthetic Lubricant Market: By Country, 2020-2027 (USD Billion)
Table 4 Europe Synthetic Lubricant Market: By Country, 2020-2027 (USD Billion)
Table 5 Asia-Pacific Synthetic Lubricant Market: By Country, 2020-2027 (USD Billion)
Table 6 RoW Synthetic Lubricant Market: By Country, 2020-2027 (USD Billion)
Table 7 Global Synthetic Lubricant by Application Market: By Regions, 2020-2027 (USD Billion)
Table 8 North America Synthetic Lubricant by Application Market: By Country, 2020-2027 (USD Billion)
Table 9 Europe Synthetic Lubricant by Application Market: By Country, 2020-2027 (USD Billion)
Table10 Asia-Pacific Synthetic Lubricant by Application Market: By Country, 2020-2027 (USD Billion)
Table11 RoW Synthetic Lubricant by Application Market: By Country, 2020-2027 (USD Billion)
Table12 North America Synthetic Lubricant for End User Market: By Country, 2020-2027 (USD Billion)
Table13 Europe Synthetic Lubricant for End User Market: By Country, 2020-2027 (USD Billion)
Table14 Asia-Pacific Synthetic Lubricant for End User Market: By Country, 2020-2027 (USD Billion)
Table15 RoW Synthetic Lubricant for End User Market: By Country, 2020-2027 (USD Billion)
Table16 Global Synthetic Lubricant for End User Market: By Region, 2020-2027 (USD Billion)
Table17 North America Synthetic Lubricant for End User Market: By Country, 2020-2027 (USD Billion)
Table18 Europe Synthetic Lubricant for End User Market: By Country, 2020-2027 (USD Billion)
Table19 Asia-Pacific Synthetic Lubricant for End User Market: By Country, 2020-2027 (USD Billion)
Table20 RoW Synthetic Lubricant for End User Market: By Country, 2020-2027 (USD Billion)
Table21 RoW Synthetic Lubricant for End User Market: By Country, 2020-2027 (USD Billion)
Table22 Global Application Market: By Region, 2020-2027 (USD Billion)
Table23 Global End User Market: By Region, 2020-2027 (USD Billion)
Table24 North America Synthetic Lubricant Market, By Country (USD Billion)
Table25 North America Synthetic Lubricant Market, By Application (Billion USD)
Table26 North America Synthetic Lubricant Market, By End User (Billion USD)
Table27 Europe: Synthetic Lubricant Market, By Country (USD Billion)
Table28 Europe: Synthetic Lubricant Market, By Application (USD Billion)
Table29 Europe: Synthetic Lubricant Market, By End User (USD Billion)
Table30 Asia-Pacific: Synthetic Lubricant Market, By Country (USD Billion)
Table31 Asia-Pacific: Synthetic Lubricant Market, By Application (USD Billion)
Table32 Asia-Pacific: Synthetic Lubricant Market, By End User (USD Billion)
Table33 RoW: Synthetic Lubricant Market, By Country (USD Billion)
Table34 RoW Synthetic Lubricant Market, By Application (USD Billion)
Table35 RoW: Synthetic Lubricant Market, By End User (USD Billion)
LIST OF FIGURES
FIGURE 1 Global Synthetic Lubricant Market segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis of Global Synthetic Lubricant Market
FIGURE 4 Value Chain of Global Synthetic Lubricant Market
FIGURE 5 Share of Global Synthetic Lubricant Market in 2020, by country (in %)
FIGURE 6 Global Synthetic Lubricant Market, 2020-2027, (USD billion)
FIGURE 7 Sub-segments of End Users
FIGURE 8 Global Synthetic Lubricant Market size by End User, 2020
FIGURE 9 Share of Global Synthetic Lubricant Market by End User, 2020-2027
FIGURE 10 Global Synthetic Lubricant Market size by Application, 2027
FIGURE 11 Share of Global Synthetic Lubricant Market by Application, 2020-2027
Synthetic Lubricants Type Outlook (USD Billion, 2021-2030)
Silicones
Esters
PAO
PAG
Others
Synthetic Lubricants Application Outlook (USD Billion, 2021-2030)
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Synthetic Lubricants End User Outlook (USD Billion, 2021-2030)
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Synthetic Lubricants Regional Outlook (USD Billion, 2021-2030)
North America Outlook (USD Billion, 2021-2030)
North America Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
North America Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
North America Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
US Outlook (USD Billion, 2021-2030)
US Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
US Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
US Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
CANADA Outlook (USD Billion, 2021-2030)
Canada Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Canada Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Canada Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Europe Outlook (USD Billion, 2021-2030)
Europe Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Europe Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Europe Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Â
Germany Outlook (USD Billion, 2021-2030)
Germany Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Germany Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Germany Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
France Outlook (USD Billion, 2021-2030)
France Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
France Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
France Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
UK Outlook (USD Billion, 2021-2030)
UK Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
UK Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
UK Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
ITALY Outlook (USD Billion, 2021-2030)
Italy Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Italy Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Italy Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
SPAIN Outlook (USD Billion, 2021-2030)
Spain Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Spain Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Spain Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Rest Of Europe Outlook (USD Billion, 2021-2030)
Rest of Europe Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Rest of Europe Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Rest of Europe Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Asia-Pacific Outlook (USD Billion, 2021-2030)
Asia-Pacific Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Asia-Pacific Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Asia-Pacific Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
China Outlook (USD Billion, 2021-2030)
China Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
China Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
China Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Japan Outlook (USD Billion, 2021-2030)
Japan Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Japan Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Japan Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
India Outlook (USD Billion, 2021-2030)
India Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
India Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
India Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Australia Outlook (USD Billion, 2021-2030)
Australia Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Australia Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Australia Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Rest of Asia-Pacific Outlook (USD Billion, 2021-2030)
Rest of Asia-Pacific Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Rest of Asia-Pacific Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Rest of Asia-Pacific Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Rest of the World Outlook (USD Billion, 2021-2030)
Rest of the World Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Rest of the World Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Rest of the World Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Middle East Outlook (USD Billion, 2021-2030)
Middle East Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Middle East Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Middle East Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Africa Outlook (USD Billion, 2021-2030)
Africa Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Africa Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Africa Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Latin America Outlook (USD Billion, 2021-2030)
Latin America Synthetic Lubricants by Type
Silicones
Esters
PAO
PAG
Others
Latin America Synthetic Lubricants by Application
Engine Oil
Process Oil
Hydraulic Oil
Marine Lubricants
Metal Working Fluids
Others
Latin America Synthetic Lubricants by End User
Automobile
Construction
Power & Energy
Mining
Oil & Gas
Food Processing
Others
Research Methodology on Synthetic Lubricants Market
Objective
This research aims to study the global Synthetic Lubricant Market and analyze the current and future trends of the market. Forecasts about the growth of the market over the review period 2023-2030 are also discussed.
Research Design
For this research, a systematic qualitative analysis is conducted to gain an in-depth understanding of the market. Further, a comprehensive quantitative analysis is carried out to deduce the current and future trends in the market. This qualitative and quantitative analysis of the global Synthetic Lubricant Market is based on data collection from primary and secondary sources and the forecasts are calculated with the aid of statistical techniques and market intelligence.
Data Collection and Extraction Process
Primary Research
Primary research is based on information that is structured through data collected directly from major players in the market. Market experts and key opinion leaders (KOLs) are interviewed for this research. This helps in gaining a better understanding of the current market trends and how the market is likely to evolve over the review period.
Secondary Research
Secondary research is based on information that is obtained from various sources such as books, databases, journals, reports, and other online sources. Several online and offline sources constitute secondary research. This helps in validating the results obtained from the market experts and the key opinion leaders. Data from both the primary and secondary sources are triangulated to provide a reliable assessment of the global Synthetic Lubricant Market.
Market Players/Competitive Landscape/Market Structure
The global Synthetic Lubricant Market is highly competitive. Key players in the market include Royal Dutch Shell plc (Netherlands), ExxonMobil Corporation (US), Chevron Corporation (US), Petro Canada Lubricants Inc. (Canada), Total S.A. (France), FUCHS Group (Germany), Idemitsu Kosan Co. Ltd. (Japan), BP plc (UK), Total Lubricants USA Inc. (US), ConocoPhillips Company (US), JX Nippon Oil and Gas Exploration Corporation (Japan), Wynns (US), and Valvoline LLC (US).
Market Size Estimation/Statistical Modelling
Market size estimation is based on top-down and bottom-up approaches, and the market size is validated by utilizing primary and secondary sources. This helps in providing a comprehensive outlook on the overall market size. The market size is estimated in terms of value (USD million). This provides a Holistic outlook of the market scenario and trends. Further, the market size of each segment is calculated and verified through triangulation with the help of supply-side and demand-side analyses to derive the exact market size.
Data Analysis
The analysis is carried out using a macro-environmental and area-specific research framework. This helps in deriving insights into current and future trends and dynamics of the global Synthetic Lubricant Market. This helps in assessing the potential growth opportunities in the market. The quantitative and qualitative analysis of the global Synthetic Lubricant Market is done with the aid of primary and secondary sources, and the findings are validated through statistical techniques.
Market Forecasts
Once the analysis is complete, the data is summarized and integrated to create a comprehensive picture of the market. This helps in forecasting the market with the help of statistical techniques such as regression analysis and time-series analysis. This helps in deriving the market's growth rate for the review period 2023-2030
Industry Analysis
Industry analysis specific to the Synthetic Lubricant Market is also vital information that is included while estimating the market size. The data is derived from the industry analysis which includes the global Synthetic Lubricant Market drivers, restraints, opportunities, and threats. These issues influence the market size, as well as have been analyzed in detail.
Country-Specific Analysis
The Synthetic Lubricant Market research report also studies the regional markets of the USA, Europe, Japan, China, India, and South East Asia. The regional analyses of the global market are focused on key countries in each region that contribute significantly to the growth of the global market.
Collaborations, Acquisitions, and New Product Launches
The research report also offers an overview of the collaborations, acquisitions, and new product launches of the key players in the market. This helps in understanding the current market trends and the potential growth opportunities in the market.
Conclusion
The research report provides a comprehensive assessment of the global Synthetic Lubricant Market and offers key insights into the market dynamics and their overall impact. This helps the market players, new entrants, and investors gain a better understanding of the market and make well-informed decisions.