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Global Lubricants market Size study, by Application (Industrial, Automotive, Marine, and Aerospace) and Regional Forecasts 2021-2027

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Global Lubricants market Size study, by Application (Industrial, Automotive, Marine, and Aerospace) and Regional Forecasts 2021-2027
Published: May 25, 2021 Content info:
Description

Global Lubricants Market is valued approximately USD 157.6 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 3.00 % over the forecast period 2021-2027. A lubricant is a substance that lowers friction between surfaces in contact, lowering the amount of heat created while the surfaces move. It may also have the ability to transmit forces, move foreign particles, and heat or cool surfaces. Lubricants are used in variety of applications such as engine oil, gear oil and hydraulic oil. Therefore, rising production of automobiles, and cars is propelling the growth of market over the forecast years. For instance, International Organization of Motor Vehicle Manufacturers, the production of passenger cars in United States was 2,731,105 units in 2010 and increased to 2,795,971 units in 2018. Similarly, the registration of light commercial vehicle in United Kingdom 2018 was 357,325 Units and increased to 365,778 units in 2019. Similarly in Japan, the passenger car production was over 7,830,722 in 2015 units and grew to 8328756 units in 2019. However, shift toward synthetic lubricants causing shrink in the overall demand for lubricants is expected to hamper the growth of market over the forecast years. Whereas, demand for renewable energy is expected to positively impact the lubricants market in the forthcoming period.

In terms of both volume and revenue, Asia Pacific dominated the global market in 2020 and will continue to do so at the quickest CAGR from 2021 to 2027. This is due to expanding demand for base oil, rapid industrialization and urbanization, expanding population, and strong growth in major end-use sectors such as textiles, chemicals, food processing, and metallurgy.

Major market player included in this report are:

ExxonMobil Corp.

Royal Dutch Shell Co.

British Petroleum

Total S.A.

Chevron Corporation

Fuchs Group

Pennzoil

Amsoil Inc

Philips

Valvoline LLC

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Application:

Industrial

Automotive

Marine

Aerospace

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027

Target Audience of the Global Lubricants Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Lubricants Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Lubricants Market, by Application, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Lubricants Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Lubricants Market Dynamics

  • 3.1. Lubricants Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Increased demand for high-performance engines
    • 3.1.2. Market Challenges
      • 3.1.2.1. Shift toward synthetic lubricants causing shrink in the overall demand for lubricants
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Leveraging e-commerce industry to increase customer reach

Chapter 4. Global Lubricants Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Lubricants Market, by Application

  • 5.1. Market Snapshot
  • 5.2. Global Lubricants Market by Application Type, Performance - Potential Analysis
  • 5.3. Global Lubricants Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
  • 5.4. Lubricants Market, Sub Segment Analysis
    • 5.4.1. Industrial
    • 5.4.2. Automotive
    • 5.4.3. Marine
    • 5.4.4. Aerospace

Chapter 6. Global Lubricants Market, Regional Analysis

  • 6.1. Lubricants Market, Regional Market Snapshot
  • 6.2. North America Lubricants Market
    • 6.2.1. U.S. Lubricants Market
      • 6.2.1.1. Application breakdown estimates & forecasts, 2018-2027
    • 6.2.2. Canada Lubricants Market
  • 6.3. Europe Lubricants Market Snapshot
    • 6.3.1. U.K. Lubricants Market
    • 6.3.2. Germany Lubricants Market
    • 6.3.3. France Lubricants Market
    • 6.3.4. Spain Lubricants Market
    • 6.3.5. Italy Lubricants Market
    • 6.3.6. Rest of Europe Lubricants Market
  • 6.4. Asia-Pacific Lubricants Market Snapshot
    • 6.4.1. China Lubricants Market
    • 6.4.2. India Lubricants Market
    • 6.4.3. Japan Lubricants Market
    • 6.4.4. Australia Lubricants Market
    • 6.4.5. South Korea Lubricants Market
    • 6.4.6. Rest of Asia Pacific Lubricants Market
  • 6.5. Latin America Lubricants Market Snapshot
    • 6.5.1. Brazil Lubricants Market
    • 6.5.2. Mexico Lubricants Market
  • 6.6. Rest of The World Lubricants Market

Chapter 7. Competitive Intelligence

  • 7.1. Top Market Strategies
  • 7.2. Company Profiles
    • 7.2.1. ExxonMobil Corp.
      • 7.2.1.1. Key Information
      • 7.2.1.2. Overview
      • 7.2.1.3. Financial (Subject to Data Availability)
      • 7.2.1.4. Product Summary
      • 7.2.1.5. Recent Developments
    • 7.2.2. Royal Dutch Shell Co.
    • 7.2.3. British Petroleum
    • 7.2.4. Total S.A.
    • 7.2.5. Chevron Corporation
    • 7.2.6. Fuchs Group
    • 7.2.7. Pennzoil
    • 7.2.8. Amsoil Inc
    • 7.2.9. Philips
    • 7.2.10. Valvoline LLC

Chapter 8. Research Process

  • 8.1. Research Process
    • 8.1.1. Data Mining
    • 8.1.2. Analysis
    • 8.1.3. Market Estimation
    • 8.1.4. Validation
    • 8.1.5. Publishing
  • 8.2. Research Attributes
  • 8.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Lubricants market, report scope
  • TABLE 2. Global Lubricants market estimates & forecasts by Region 2018-2027 (USD Billion)
  • TABLE 3. Global Lubricants market estimates & forecasts by Application 2018-2027 (USD Billion)
  • TABLE 4.
  • TABLE 5. Global Lubricants market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 6. Global Lubricants market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global Lubricants market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Lubricants market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Lubricants market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Lubricants market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Lubricants market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Lubricants market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Lubricants market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Lubricants market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. U.S. Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. U.S. Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 17. U.S. Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 18. Canada Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Canada Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 20. Canada Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 21. UK Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. UK Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 23. UK Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 24. Germany Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 25. Germany Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. Germany Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 27. RoE Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 28. RoE Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. RoE Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 30. China Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 31. China Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. China Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 33. India Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 34. India Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. India Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 36. Japan Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 37. Japan Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Japan Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 39. RoAPAC Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 40. RoAPAC Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. RoAPAC Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 42. Brazil Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 43. Brazil Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. Brazil Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 45. Mexico Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 46. Mexico Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. Mexico Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 48. RoLA Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 49. RoLA Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. RoLA Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 51. Row Lubricants market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 52. Row Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Row Lubricants market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 54. List of secondary sources, used in the study of global Lubricants market
  • TABLE 55. List of primary sources, used in the study of global Lubricants market
  • TABLE 56. Years considered for the study
  • TABLE 57. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Lubricants market, research methodology
  • FIG 2. Global Lubricants market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Lubricants market, key trends 2020
  • FIG 5. Global Lubricants market, growth prospects 2021-2027
  • FIG 6. Global Lubricants market, porters 5 force model
  • FIG 7. Global Lubricants market, pest analysis
  • FIG 8. Global Lubricants market, value chain analysis
  • FIG 9. Global Lubricants market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Lubricants market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Lubricants market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Lubricants market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Lubricants market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Lubricants market, regional snapshot 2018 & 2027
  • FIG 15. North America Lubricants market 2018 & 2027 (USD Billion)
  • FIG 16. Europe Lubricants market 2018 & 2027 (USD Billion)
  • FIG 17. Asia pacific Lubricants market 2018 & 2027 (USD Billion)
  • FIG 18. Latin America Lubricants market 2018 & 2027 (USD Billion)
  • FIG 19. Global Lubricants market, company market share analysis (2020)
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