Construction Lubricants Market Size and Share Report by Base Oil, Type, Equipment - Global Industry Revenue Estimation and Demand Forecast to 2030

Description

The total value of the global construction lubricants market was USD 8,812.8 million in 2022, and it will rise at a growth rate of above 3.9%, reaching USD 11,940.9 million by 2030. The growth of the market can be ascribed to the surge in the acceptance of process automation solutions in the construction sector and the steady growth in the requirement for construction equipment. Moreover, the utilization of e-commerce to enlarge customer reach and the creation of zinc-free lubricants would boost the industry.

Certain technological expansions in the construction sectors cause advanced lubricant usage. Chemical businesses will adjust by making dedicated lubricants, like thread sealants, wire lope lubricants, and tunnel boring machine lubricants that confront the altering needs of small machines and offer enhanced sustainability, performance, and durability, as the construction sector endures to enlarge and accept new technology.

As the mechanization level in construction remains to enhance, the mechanical mechanisms of associated equipment will be subjected to continuous motion and augmented loads, accenting the crucial requirement for strong lubrication. Moreover, because of the surging labor prices and strictness of security guidelines, the count of humans at construction locations is being reduced with the utilization of automatic construction equipment, therefore boosting the usage of lubricants on a daily basis.

In 2022, on the basis of base oil, the mineral oil category held the larger market share, of 70%, and the category is also projected to be in the top position throughout the projection period. This is mainly because of the low price and extensive convenience of lubricating agents made from mineral oils. In construction equipment, several kinds of lubricants are utilized, like gear oils and hydraulic fluids, most of which comprise mineral oils.

On the basis of type, the hydraulic fluid category is projected to advance at the fastest pace during the projection period. This is credited to the rise in construction activities, where hydraulic liquids are extensively used in bulldozers, excavators, and loaders. In such machines, the work of hydraulic liquids is to transfer energy and adjust the movement of hydraulic cylinders.

In 2022, the Asia-Pacific region had the largest share in the construction lubricants market, approximately 50%, and the region is projected to uphold its supremacy during the projection period. This is because of a surge in construction activity, with the increasing expenditure, a rising populace, and Japan, India, and China's, increasing requirement for industrial, residential, civic, and commercial infrastructure.

Hence, the surge in the acceptance of process automation solutions in the construction sector and the steady growth in the requirement for construction equipment are the major factors contributing to the growth of the industry.

Product Code: 12669

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by base oil
- 1.4.2. market size breakdown, by type
- 1.4.3. market size breakdown, by equipment
- 1.4.4. Market size breakdown, by region
- 1.4.5. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Voice of Industry Experts/KOLs

Chapter 5. Market Indicators

Chapter 6. Industry Outlook

6.1. Market Dynamics
- 6.1.1. Trends
- 6.1.2. Drivers
- 6.1.3. Restraints/challenges
- 6.1.4. Impact analysis of drivers/restraints
6.2. Impact of COVID-19
6.3. Porter's Five Forces Analysis
- 6.3.1. Bargaining power of buyers
- 6.3.2. Bargaining power of suppliers
- 6.3.3. Threat of new entrants
- 6.3.4. Intensity of rivalry
- 6.3.5. Threat of substitutes

Chapter 7. Global Market

7.1. Overview
7.2. Market Revenue, by Base Oil (2017-2030)
7.3. Market Revenue, by Type (2017-2030)
7.4. Market Revenue, by Equipment (2017-2030)
7.5. Market Revenue, by Region (2017-2030)

Chapter 8. North America Market

8.1. Overview
8.2. Market Revenue, by Base Oil (2017-2030)
8.3. Market Revenue, by Type (2017-2030)
8.4. Market Revenue, by Equipment (2017-2030)
8.5. Market Revenue, by Country (2017-2030)

Chapter 9. Europe Market

9.1. Overview
9.2. Market Revenue, by Base Oil (2017-2030)
9.3. Market Revenue, by Type (2017-2030)
9.4. Market Revenue, by Equipment (2017-2030)
9.5. Market Revenue, by Country (2017-2030)

Chapter 10. APAC Market

10.1. Overview
10.2. Market Revenue, by Base Oil (2017-2030)
10.3. Market Revenue, by Type (2017-2030)
10.4. Market Revenue, by Equipment (2017-2030)
10.5. Market Revenue, by Country (2017-2030)

Chapter 11. LATAM Market

11.1. Overview
11.2. Market Revenue, by Base Oil (2017-2030)
11.3. Market Revenue, by Type (2017-2030)
11.4. Market Revenue, by Equipment (2017-2030)
11.5. Market Revenue, by Country (2017-2030)

Chapter 12. MEA Market

12.1. Overview
12.2. Market Revenue, by Base Oil (2017-2030)
12.3. Market Revenue, by Type (2017-2030)
12.4. Market Revenue, by Equipment (2017-2030)
12.5. Market Revenue, by Country (2017-2030)

Chapter 13. U.S. Market

13.1. Overview
13.2. Market Revenue, by Base Oil (2017-2030)
13.3. Market Revenue, by Type (2017-2030)
13.4. Market Revenue, by Equipment (2017-2030)

Chapter 14. Canada Market

14.1. Overview
14.2. Market Revenue, by Base Oil (2017-2030)
14.3. Market Revenue, by Type (2017-2030)
14.4. Market Revenue, by Equipment (2017-2030)

Chapter 15. Germany Market

15.1. Overview
15.2. Market Revenue, by Base Oil (2017-2030)
15.3. Market Revenue, by Type (2017-2030)
15.4. Market Revenue, by Equipment (2017-2030)

Chapter 16. France Market

16.1. Overview
16.2. Market Revenue, by Base Oil (2017-2030)
16.3. Market Revenue, by Type (2017-2030)
16.4. Market Revenue, by Equipment (2017-2030)

Chapter 17. U.K. Market

17.1. Overview
17.2. Market Revenue, by Base Oil (2017-2030)
17.3. Market Revenue, by Type (2017-2030)
17.4. Market Revenue, by Equipment (2017-2030)

Chapter 18. Italy Market

18.1. Overview
18.2. Market Revenue, by Base Oil (2017-2030)
18.3. Market Revenue, by Type (2017-2030)
18.4. Market Revenue, by Equipment (2017-2030)

Chapter 19. Spain Market

19.1. Overview
19.2. Market Revenue, by Base Oil (2017-2030)
19.3. Market Revenue, by Type (2017-2030)
19.4. Market Revenue, by Equipment (2017-2030)

Chapter 20. Japan Market

20.1. Overview
20.2. Market Revenue, by Base Oil (2017-2030)
20.3. Market Revenue, by Type (2017-2030)
20.4. Market Revenue, by Equipment (2017-2030)

Chapter 21. China Market

21.1. Overview
21.2. Market Revenue, by Base Oil (2017-2030)
21.3. Market Revenue, by Type (2017-2030)
21.4. Market Revenue, by Equipment (2017-2030)

Chapter 22. India Market

22.1. Overview
22.2. Market Revenue, by Base Oil (2017-2030)
22.3. Market Revenue, by Type (2017-2030)
22.4. Market Revenue, by Equipment (2017-2030)

Chapter 23. Australia Market

23.1. Overview
23.2. Market Revenue, by Base Oil (2017-2030)
23.3. Market Revenue, by Type (2017-2030)
23.4. Market Revenue, by Equipment (2017-2030)

Chapter 24. South Korea Market

24.1. Overview
24.2. Market Revenue, by Base Oil (2017-2030)
24.3. Market Revenue, by Type (2017-2030)
24.4. Market Revenue, by Equipment (2017-2030)

Chapter 25. Brazil Market

25.1. Overview
25.2. Market Revenue, by Base Oil (2017-2030)
25.3. Market Revenue, by Type (2017-2030)
25.4. Market Revenue, by Equipment (2017-2030)

Chapter 26. Mexico Market

26.1. Overview
26.2. Market Revenue, by Base Oil (2017-2030)
26.3. Market Revenue, by Type (2017-2030)
26.4. Market Revenue, by Equipment (2017-2030)

Chapter 27. Saudi Arabia Market

27.1. Overview
27.2. Market Revenue, by Base Oil (2017-2030)
27.3. Market Revenue, by Type (2017-2030)
27.4. Market Revenue, by Equipment (2017-2030)

Chapter 28. South Africa Market

28.1. Overview
28.2. Market Revenue, by Base Oil (2017-2030)
28.3. Market Revenue, by Type (2017-2030)
28.4. Market Revenue, by Equipment (2017-2030)

Chapter 29. U.A.E. Market

29.1. Overview
29.2. Market Revenue, by Base Oil (2017-2030)
29.3. Market Revenue, by Type (2017-2030)
29.4. Market Revenue, by Equipment (2017-2030)

Chapter 30. Competitive Landscape

30.1. List of Market Players and their Offerings
30.2. Competitive Benchmarking of Key Players
30.3. Product Benchmarking of Key Players
30.4. Recent Strategic Developments

Chapter 31. Company Profiles

31.1. Shell plc
- 31.1.1. Business overview
- 31.1.2. Product and service offerings
- 31.1.3. Key financial summary
31.2. Exxon Mobil Corporation
- 31.2.1. Business overview
- 31.2.2. Product and service offerings
- 31.2.3. Key financial summary
31.3. Chevron Corporation
- 31.3.1. Business overview
- 31.3.2. Product and service offerings
- 31.3.3. Key financial summary
31.4. TotalEnergies SE
- 31.4.1. Business overview
- 31.4.2. Product and service offerings
- 31.4.3. Key financial summary
31.5. BP p.l.c.
- 31.5.1. Business overview
- 31.5.2. Product and service offerings
- 31.5.3. Key financial summary
31.6. FUCHS PETROLUB SE
- 31.6.1. Business overview
- 31.6.2. Product and service offerings
- 31.6.3. Key financial summary
31.7. Idemitsu Kosan Co., Ltd
- 31.7.1. Business overview
- 31.7.2. Product and service offerings
- 31.7.3. Key financial summary
31.8. China Petroleum & Chemical Corporation
- 31.8.1. Business overview
- 31.8.2. Product and service offerings
- 31.8.3. Key financial summary
31.9. Phillips 66
- 31.9.1. Business overview
- 31.9.2. Product and service offerings
- 31.9.3. Key financial summary
31.10. Valvoline Inc
- 31.10.1. Business overview
- 31.10.2. Product and service offerings
- 31.10.3. Key financial summary
31.11. PetroChina Company Limited
- 31.11.1. Business overview
- 31.11.2. Product and service offerings
- 31.11.3. Key financial summary
31.12. Indian Oil Corporation Limited
- 31.12.1. Business overview
- 31.12.2. Product and service offerings
- 31.12.3. Key financial summary
31.13. Quaker Chemical Corporation
- 31.13.1. Business overview
- 31.13.2. Product and service offerings
- 31.13.3. Key financial summary
31.14. The Lubrizol Corporation
- 31.14.1. Business overview
- 31.14.2. Product and service offerings
31.15. Lubrication Engineers, Inc
- 31.15.1. Business overview
- 31.15.2. Product and service offerings

Chapter 32. Appendix

32.1. Abbreviations
32.2. Sources and References
32.3. Related Reports