APAC Lubricants Market Discussed by MicroMarketMonitor in Its In-demand Study Available at MarketPublishers.com16 Dec 2015 • by Natalie Aster
LONDON – The APAC market for lubricants is set to surpass the USD 70,555 million mark by the end of 2015. This marketplace is set to grow at 3.3 percent CAGR over the next five years.
As of 2014, the mineral oil segment dominated the market, with its share reaching 75 percent. China is the number one player in the region. The Chinese market accounted for more than 63 percent of the APAC market (in terms of volume) in 2014.
Industrial growth in the region and automotive industry growth are amongst key factors encouraging growth of the marketplace.
International and local companies are present in the marketplace, and Exxon Mobil Corporation, Sinopec Limited and BP plc are some of the leading ones.
In-demand research report “Asia-Pacific Lubricants Market By Type, By Application, and By Country - Trends & Forecast to 2020” drawn up by MicroMarketMonitor is a valuable source of information for everyone interested in the APAC lubricants market. The study provides a 360-degree overview of the marketplace: it covers market segmentation and focuses on market dynamics. The report investigates industry trends and examines the marketplace on the basis of types of lubricants and application fields. The research study scrutinizes performance of country markets across the region and sheds light on the competitive landscape. Company profiles as well as future market outlook are contained in the report, as well.
Asia-Pacific Lubricants Market By Type, By Application, and By Country - Trends & Forecast to 2020
Published: November, 2015
Price: US$ 2,650.00
More insightful research studies by this publisher are available at MicroMarketMonitor page.