Global Lubrication Market Forecast 2016-2021
The global lubricants market was 36.36 million tons in 2014 and is projected to grow to 43.87 million tons by 2022, at an estimated CAGR of 2.4%. High demand from automotive, industrial machinery and construction are expected to drive industry growth over the forecast period. Increasing polyamide resins demand has generated growing need for lubricants used in these compounds including stearic acid derivatives, modified ethylene waxes and montanic waxes. They are also being widely used in a plethora of automotive applications in order to reduce friction and wear, while enhancing the function of bearing surfaces.
Increasing demand for light weight passenger cars and heavy-duty commercial vehicles has fostered global automotive production, which in turn is conducive to the development of lubricants for application in this field. Rapid industrialization in China, India, Brazil and Mexico has encouraged applications in industrial machinery maintenance.
Rising construction spending in Asia Pacific and Latin America have also been key drivers for global industry. These products are extensively utilized in construction and infrastructure sectors for hydraulic oil, bearings, engine oil and wire rope applications. Moreover, rising oilfield chemicals demand owing to expanding drilling and exploration activities are projected to positively influence the industry. Additionally, R& D initiatives such as development of bio-based counterparts to reduce harmful environmental effects are projected to boost global lubricants industry demand.
Increasing demand for light weight passenger cars and heavy-duty commercial vehicles has fostered global automotive production, which in turn is conducive to the development of lubricants for application in this field. Rapid industrialization in China, India, Brazil and Mexico has encouraged applications in industrial machinery maintenance.
Rising construction spending in Asia Pacific and Latin America have also been key drivers for global industry. These products are extensively utilized in construction and infrastructure sectors for hydraulic oil, bearings, engine oil and wire rope applications. Moreover, rising oilfield chemicals demand owing to expanding drilling and exploration activities are projected to positively influence the industry. Additionally, R& D initiatives such as development of bio-based counterparts to reduce harmful environmental effects are projected to boost global lubricants industry demand.
1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Executive Summary
2 LUBRICANTS INDUSTRY OUTLOOK
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Lubricants - Value Chain Analysis
2.4 Lubricants Regulatory/Legislative Framework
2.4.1 ECHA (Europe Chemical Agency)
2.4.2 U.S. EPA (United States Environmental Protection Agency)
2.4.3 U.S. FDA (Food & Drug Administration)
2.5 Lubricants - Market Dynamics
2.5.1 Market driver analysis
2.5.1.1 Rapid industrialization in BRICS nations
2.5.1.2 Positive automotive outlook
2.5.2 Market restraint analysis
2.5.2.1 Emergence of bio-based lubricants
2.5.2.2 Stringent environment regulations
2.6 Raw material analysis
2.7 Key Opportunities - Prioritized
2.8 Industry Analysis - Porter’s
2.9 Global Lubricants - Company market share analysis, 2013
2.10 Lubricants - PESTEL Analysis
3 LUBRICANTS PRODUCT OUTLOOK
3.1 Global lubricants market volume share by product,
3.2 Industrial
3.2.1 Global industrial lubricants market estimates and forecast,
3.2.2 Global industrial lubricants market estimates and forecast, by region,
3.2.3 Global industrial lubricants market estimates and forecast, by product,
3.2.4 Process Oils
3.2.4.1 Global process oils market estimates and forecast,
3.2.4.2 Global process oils market estimates and forecast, by region,
3.2.5 General Industrial Oils
3.2.5.1 Global general industrial oils market estimates and forecast,
3.2.5.2 Global general industrial oils market estimates and forecast, by region,
3.2.6 Metal Working Fluids
3.2.6.1 Global metal working fluids market estimates and forecast,
3.2.6.2 Global metal working fluids market estimates and forecast, by region,
3.2.7 Industrial engine oils
3.2.7.1 Global industrial engine oils market estimates and forecast,
3.2.7.2 Global industrial engine oils market estimates and forecast, by region,
3.2.8 Others
3.2.8.1 Global other industrial lubricants market estimates and forecast,
3.2.8.2 Global other industrial lubricants market estimates and forecast, by region,
3.3 Commercial automotive
3.3.1 Global commercial automotive lubricants market estimates and forecast,
3.3.2 Global commercial automotive lubricants market estimates and forecast, by region,
3.3.3 Global commercial automotive lubricants market estimates and forecast, by product,
3.3.4 Heavy Duty Engine Oil
3.3.4.1 Global heavy duty engine oil market estimates and forecast,
3.3.4.2 Global heavy duty engine oil market estimates and forecast, by region,
3.3.5 Hydraulic & transmission fluid
3.3.5.1 Global hydraulic & transmission fluid market estimates and forecast,
3.3.5.2 Global hydraulic & transmission fluid market estimates and forecast, by region,
3.3.6 Gear Oil
3.3.6.1 Global gear oil market estimates and forecast,
3.3.6.2 Global gear oil market estimates and forecast, by region,
3.3.7 Grease
3.3.7.1 Global grease market estimates and forecast,
3.3.7.2 Global grease market estimates and forecast, by region,
3.4 Consumer automotive
3.4.1 Global consumer automotive lubricants market estimates and forecast,
3.4.2 Global consumer automotive lubricants market estimates and forecast, by region,
3.4.3 Global consumer automotive lubricants market estimates and forecast, by product,
3.4.4 Passenger vehicle & motor oil
3.4.4.1 Global passenger vehicle & motor oil market estimates and forecast,
3.4.4.2 Global passenger vehicle & motor oil market estimates and forecast, by region,
3.4.5 Automatic transmission fluid
3.4.5.1 Global automatic transmission fluid market estimates and forecast,
3.4.5.2 Global automatic transmission fluid market estimates and forecast, by region,
3.4.6 Gear oil
3.4.6.1 Global gear oil market estimates and forecast,
3.4.6.2 Global gear oil market estimates and forecast, by region,
3.4.7 Grease
3.4.7.1 Global grease market estimates and forecast,
3.4.7.2 Global grease market estimates and forecast, by region,
4 LUBRICANTS REGIONAL OUTLOOK
4.1 Global lubricants market volume share by region,
4.2 North America
4.2.1 Market estimates and forecast,
4.2.2 Market estimates and forecast, by product,
4.2.2.1 Market estimates and forecast by product,
4.2.2.2 Market estimates and forecast by product,
4.2.2.3 Market estimates and forecast by product,
4.2.3 U.S.
4.2.3.1 Market estimates and forecast,
4.2.3.2 Market estimates and forecast, by application,
4.2.3.2.1 Market estimates and forecast by product,
4.2.3.2.2 Market estimates and forecast by product,
4.2.3.2.3 Market estimates and forecast by product,
4.3 Europe
4.3.1 Market estimates and forecast,
4.3.2 Market estimates and forecast, by product,
4.3.2.1 Market estimates and forecast by product,
4.3.2.2 Market estimates and forecast by product,
4.3.2.3 Market estimates and forecast by product,
4.3.3 UK
4.3.3.1 Market estimates and forecast,
4.3.3.2 Market estimates and forecast, by application,
4.3.3.2.1 Market estimates and forecast by product,
4.3.3.2.2 Market estimates and forecast by product,
4.3.3.2.3 Market estimates and forecast by product,
4.3.4 Germany
4.3.4.1 Market estimates and forecast,
4.3.4.2 Market estimates and forecast, by application,
4.3.4.2.1 Market estimates and forecast by product,
4.3.4.2.2 Market estimates and forecast by product,
4.3.4.2.3 Market estimates and forecast by product,
4.4 Asia Pacific
4.4.1 Market estimates and forecast,
4.4.2 Market estimates and forecast, by product,
4.4.2.1 Market estimates and forecast by product,
4.4.2.2 Market estimates and forecast by product,
4.4.2.3 Market estimates and forecast by product,
4.4.3 China
4.4.3.1 Market estimates and forecast,
4.4.3.2 Market estimates and forecast, by application,
4.4.3.2.1 Market estimates and forecast by product,
4.4.3.2.2 Market estimates and forecast by product,
4.4.3.2.3 Market estimates and forecast by product,
4.4.4 India
4.4.4.1 Market estimates and forecast,
4.4.4.2 Market estimates and forecast, by application,
4.4.4.2.1 Market estimates and forecast by product,
4.4.4.2.2 Market estimates and forecast by product,
4.4.4.2.3 Market estimates and forecast by product,
4.4.5 Japan
4.4.5.1 Market estimates and forecast,
4.4.5.2 Market estimates and forecast, by application,
4.4.5.2.1 Market estimates and forecast by product,
4.4.5.2.2 Market estimates and forecast by product,
4.4.5.2.3 Market estimates and forecast by product,
4.5 Central & South America
4.5.1 Market estimates and forecast,
4.5.2 Market estimates and forecast, by product,
4.5.2.1 Market estimates and forecast by product,
4.5.2.2 Market estimates and forecast by product,
4.5.2.3 Market estimates and forecast by product,
4.6 Middle East & Africa
4.6.1 Market estimates and forecast,
4.6.2 Market estimates and forecast, by product,
4.6.2.1 Market estimates and forecast by product,
4.6.2.2 Market estimates and forecast by product,
4.6.2.3 Market estimates and forecast by product,
5 COMPETITIVE LANDSCAPE
5.1 Exxon Mobil
5.1.1 Company Overview
5.1.2 Financial Performance
5.1.3 Product Benchmarking
5.1.4 Strategic Initiatives
5.2 Shell
5.2.1 Company Overview
5.2.2 Financial Performance
5.2.3 Product Benchmarking
5.2.4 Strategic Initiatives
5.3 British Petroleum
5.3.1 Company Overview
5.3.2 Financial Performance
5.3.3 Product Benchmarking
5.3.4 Strategic Initiatives
5.4 Total
5.4.1 Company Overview
5.4.2 Financial Performance
5.4.3 Product Benchmarking
5.4.4 Strategic Initiatives
5.5 Chevron
5.5.1 Company Overview
5.5.2 Financial Performance
5.5.3 Product Benchmarking
5.5.4 Strategic Initiatives
5.6 Fuchs Group
5.6.1 Company overview
5.6.2 Financial Performance
5.6.3 Product Benchmarking
5.6.4 Strategic Initiatives
5.7 Pennzoil
5.7.1 Company Overview
5.7.2 Financial Performance
5.7.3 Product Benchmarking
5.7.4 Strategic Initiatives
5.8 Amsoil Inc.
5.8.1 Company overview
5.8.2 Financial Performance
5.8.3 Product Benchmarking
5.8.4 Strategic Initiatives
5.9 Kendall (Phillips 66)
5.9.1 Company Overview
5.9.2 Financial Performance
5.9.3 Product Benchmarking
5.9.4 Strategic initiatives
5.10 Valvoline
5.10.1 Company Overview
5.10.2 Financial Performance
5.10.3 Product Benchmarking
5.10.4 Strategic initiatives
5.11 Castrol
5.11.1 Company Overview
5.11.2 Financial Performance
5.11.3 Product Benchmarking
5.11.4 Strategic Initiatives
5.12 PetroChina
5.12.1 Company Overview
5.12.2 Financial Performance
5.12.3 Product Benchmarking
5.12.4 Strategic Initiatives
5.13 Sinopec Corp.
5.13.1 Company Overview
5.13.2 Financial Performance
5.13.3 Product Benchmarking
5.13.4 Strategic Initiatives
5.14 Idemitsu Oil & Gas Co. Ltd.
5.14.1 Company Overview
5.14.2 Financial Performance
5.14.3 Product Benchmarking
5.14.4 Strategic Initiatives
5.15 Luk Oil
5.15.1 Company Overview
5.15.2 Financial Performance
5.15.3 Product Benchmarking
5.15.4 Strategic Initiatives
5.16 Nippon Oil
5.16.1 Company Overview
5.16.2 Financial Performance
5.16.3 Product Benchmarking
5.16.4 Strategic Initiatives
5.17 Petrobras
5.17.1 Company Overview
5.17.2 Financial Performance
5.17.3 Product Benchmarking
5.17.4 Strategic Initiatives
5.18 Petronas
5.18.1 Company Overview
5.18.2 Financial Performance
5.18.3 Product Benchmarking
5.18.4 Strategic Initiatives
5.19 Quaker Chemical Corporation
5.19.1 Company Overview
5.19.2 Financial Performance
5.19.3 Product Benchmarking
5.19.4 Strategic Initiatives
5.20 PetroFer Chemie
5.20.1 Company Overview
5.20.2 Financial Performance
5.20.3 Product Benchmarking
5.20.4 Strategic Initiatives
5.21 Zeller+Gmelin Corporation
5.21.1 Company Overview
5.21.2 Financial Performance
5.21.3 Product Benchmarking
5.22 Buhmwoo Chemical Ind. Co., Ltd.
5.22.1 Company Overview
5.22.2 Financial Performance
5.22.3 Product Benchmarking
5.23 Blaser Swisslube AG
5.23.1 Company Overview
5.23.2 Financial Performance
5.23.3 Product Benchmarking
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources
Executive Summary
2 LUBRICANTS INDUSTRY OUTLOOK
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Lubricants - Value Chain Analysis
2.4 Lubricants Regulatory/Legislative Framework
2.4.1 ECHA (Europe Chemical Agency)
2.4.2 U.S. EPA (United States Environmental Protection Agency)
2.4.3 U.S. FDA (Food & Drug Administration)
2.5 Lubricants - Market Dynamics
2.5.1 Market driver analysis
2.5.1.1 Rapid industrialization in BRICS nations
2.5.1.2 Positive automotive outlook
2.5.2 Market restraint analysis
2.5.2.1 Emergence of bio-based lubricants
2.5.2.2 Stringent environment regulations
2.6 Raw material analysis
2.7 Key Opportunities - Prioritized
2.8 Industry Analysis - Porter’s
2.9 Global Lubricants - Company market share analysis, 2013
2.10 Lubricants - PESTEL Analysis
3 LUBRICANTS PRODUCT OUTLOOK
3.1 Global lubricants market volume share by product,
3.2 Industrial
3.2.1 Global industrial lubricants market estimates and forecast,
3.2.2 Global industrial lubricants market estimates and forecast, by region,
3.2.3 Global industrial lubricants market estimates and forecast, by product,
3.2.4 Process Oils
3.2.4.1 Global process oils market estimates and forecast,
3.2.4.2 Global process oils market estimates and forecast, by region,
3.2.5 General Industrial Oils
3.2.5.1 Global general industrial oils market estimates and forecast,
3.2.5.2 Global general industrial oils market estimates and forecast, by region,
3.2.6 Metal Working Fluids
3.2.6.1 Global metal working fluids market estimates and forecast,
3.2.6.2 Global metal working fluids market estimates and forecast, by region,
3.2.7 Industrial engine oils
3.2.7.1 Global industrial engine oils market estimates and forecast,
3.2.7.2 Global industrial engine oils market estimates and forecast, by region,
3.2.8 Others
3.2.8.1 Global other industrial lubricants market estimates and forecast,
3.2.8.2 Global other industrial lubricants market estimates and forecast, by region,
3.3 Commercial automotive
3.3.1 Global commercial automotive lubricants market estimates and forecast,
3.3.2 Global commercial automotive lubricants market estimates and forecast, by region,
3.3.3 Global commercial automotive lubricants market estimates and forecast, by product,
3.3.4 Heavy Duty Engine Oil
3.3.4.1 Global heavy duty engine oil market estimates and forecast,
3.3.4.2 Global heavy duty engine oil market estimates and forecast, by region,
3.3.5 Hydraulic & transmission fluid
3.3.5.1 Global hydraulic & transmission fluid market estimates and forecast,
3.3.5.2 Global hydraulic & transmission fluid market estimates and forecast, by region,
3.3.6 Gear Oil
3.3.6.1 Global gear oil market estimates and forecast,
3.3.6.2 Global gear oil market estimates and forecast, by region,
3.3.7 Grease
3.3.7.1 Global grease market estimates and forecast,
3.3.7.2 Global grease market estimates and forecast, by region,
3.4 Consumer automotive
3.4.1 Global consumer automotive lubricants market estimates and forecast,
3.4.2 Global consumer automotive lubricants market estimates and forecast, by region,
3.4.3 Global consumer automotive lubricants market estimates and forecast, by product,
3.4.4 Passenger vehicle & motor oil
3.4.4.1 Global passenger vehicle & motor oil market estimates and forecast,
3.4.4.2 Global passenger vehicle & motor oil market estimates and forecast, by region,
3.4.5 Automatic transmission fluid
3.4.5.1 Global automatic transmission fluid market estimates and forecast,
3.4.5.2 Global automatic transmission fluid market estimates and forecast, by region,
3.4.6 Gear oil
3.4.6.1 Global gear oil market estimates and forecast,
3.4.6.2 Global gear oil market estimates and forecast, by region,
3.4.7 Grease
3.4.7.1 Global grease market estimates and forecast,
3.4.7.2 Global grease market estimates and forecast, by region,
4 LUBRICANTS REGIONAL OUTLOOK
4.1 Global lubricants market volume share by region,
4.2 North America
4.2.1 Market estimates and forecast,
4.2.2 Market estimates and forecast, by product,
4.2.2.1 Market estimates and forecast by product,
4.2.2.2 Market estimates and forecast by product,
4.2.2.3 Market estimates and forecast by product,
4.2.3 U.S.
4.2.3.1 Market estimates and forecast,
4.2.3.2 Market estimates and forecast, by application,
4.2.3.2.1 Market estimates and forecast by product,
4.2.3.2.2 Market estimates and forecast by product,
4.2.3.2.3 Market estimates and forecast by product,
4.3 Europe
4.3.1 Market estimates and forecast,
4.3.2 Market estimates and forecast, by product,
4.3.2.1 Market estimates and forecast by product,
4.3.2.2 Market estimates and forecast by product,
4.3.2.3 Market estimates and forecast by product,
4.3.3 UK
4.3.3.1 Market estimates and forecast,
4.3.3.2 Market estimates and forecast, by application,
4.3.3.2.1 Market estimates and forecast by product,
4.3.3.2.2 Market estimates and forecast by product,
4.3.3.2.3 Market estimates and forecast by product,
4.3.4 Germany
4.3.4.1 Market estimates and forecast,
4.3.4.2 Market estimates and forecast, by application,
4.3.4.2.1 Market estimates and forecast by product,
4.3.4.2.2 Market estimates and forecast by product,
4.3.4.2.3 Market estimates and forecast by product,
4.4 Asia Pacific
4.4.1 Market estimates and forecast,
4.4.2 Market estimates and forecast, by product,
4.4.2.1 Market estimates and forecast by product,
4.4.2.2 Market estimates and forecast by product,
4.4.2.3 Market estimates and forecast by product,
4.4.3 China
4.4.3.1 Market estimates and forecast,
4.4.3.2 Market estimates and forecast, by application,
4.4.3.2.1 Market estimates and forecast by product,
4.4.3.2.2 Market estimates and forecast by product,
4.4.3.2.3 Market estimates and forecast by product,
4.4.4 India
4.4.4.1 Market estimates and forecast,
4.4.4.2 Market estimates and forecast, by application,
4.4.4.2.1 Market estimates and forecast by product,
4.4.4.2.2 Market estimates and forecast by product,
4.4.4.2.3 Market estimates and forecast by product,
4.4.5 Japan
4.4.5.1 Market estimates and forecast,
4.4.5.2 Market estimates and forecast, by application,
4.4.5.2.1 Market estimates and forecast by product,
4.4.5.2.2 Market estimates and forecast by product,
4.4.5.2.3 Market estimates and forecast by product,
4.5 Central & South America
4.5.1 Market estimates and forecast,
4.5.2 Market estimates and forecast, by product,
4.5.2.1 Market estimates and forecast by product,
4.5.2.2 Market estimates and forecast by product,
4.5.2.3 Market estimates and forecast by product,
4.6 Middle East & Africa
4.6.1 Market estimates and forecast,
4.6.2 Market estimates and forecast, by product,
4.6.2.1 Market estimates and forecast by product,
4.6.2.2 Market estimates and forecast by product,
4.6.2.3 Market estimates and forecast by product,
5 COMPETITIVE LANDSCAPE
5.1 Exxon Mobil
5.1.1 Company Overview
5.1.2 Financial Performance
5.1.3 Product Benchmarking
5.1.4 Strategic Initiatives
5.2 Shell
5.2.1 Company Overview
5.2.2 Financial Performance
5.2.3 Product Benchmarking
5.2.4 Strategic Initiatives
5.3 British Petroleum
5.3.1 Company Overview
5.3.2 Financial Performance
5.3.3 Product Benchmarking
5.3.4 Strategic Initiatives
5.4 Total
5.4.1 Company Overview
5.4.2 Financial Performance
5.4.3 Product Benchmarking
5.4.4 Strategic Initiatives
5.5 Chevron
5.5.1 Company Overview
5.5.2 Financial Performance
5.5.3 Product Benchmarking
5.5.4 Strategic Initiatives
5.6 Fuchs Group
5.6.1 Company overview
5.6.2 Financial Performance
5.6.3 Product Benchmarking
5.6.4 Strategic Initiatives
5.7 Pennzoil
5.7.1 Company Overview
5.7.2 Financial Performance
5.7.3 Product Benchmarking
5.7.4 Strategic Initiatives
5.8 Amsoil Inc.
5.8.1 Company overview
5.8.2 Financial Performance
5.8.3 Product Benchmarking
5.8.4 Strategic Initiatives
5.9 Kendall (Phillips 66)
5.9.1 Company Overview
5.9.2 Financial Performance
5.9.3 Product Benchmarking
5.9.4 Strategic initiatives
5.10 Valvoline
5.10.1 Company Overview
5.10.2 Financial Performance
5.10.3 Product Benchmarking
5.10.4 Strategic initiatives
5.11 Castrol
5.11.1 Company Overview
5.11.2 Financial Performance
5.11.3 Product Benchmarking
5.11.4 Strategic Initiatives
5.12 PetroChina
5.12.1 Company Overview
5.12.2 Financial Performance
5.12.3 Product Benchmarking
5.12.4 Strategic Initiatives
5.13 Sinopec Corp.
5.13.1 Company Overview
5.13.2 Financial Performance
5.13.3 Product Benchmarking
5.13.4 Strategic Initiatives
5.14 Idemitsu Oil & Gas Co. Ltd.
5.14.1 Company Overview
5.14.2 Financial Performance
5.14.3 Product Benchmarking
5.14.4 Strategic Initiatives
5.15 Luk Oil
5.15.1 Company Overview
5.15.2 Financial Performance
5.15.3 Product Benchmarking
5.15.4 Strategic Initiatives
5.16 Nippon Oil
5.16.1 Company Overview
5.16.2 Financial Performance
5.16.3 Product Benchmarking
5.16.4 Strategic Initiatives
5.17 Petrobras
5.17.1 Company Overview
5.17.2 Financial Performance
5.17.3 Product Benchmarking
5.17.4 Strategic Initiatives
5.18 Petronas
5.18.1 Company Overview
5.18.2 Financial Performance
5.18.3 Product Benchmarking
5.18.4 Strategic Initiatives
5.19 Quaker Chemical Corporation
5.19.1 Company Overview
5.19.2 Financial Performance
5.19.3 Product Benchmarking
5.19.4 Strategic Initiatives
5.20 PetroFer Chemie
5.20.1 Company Overview
5.20.2 Financial Performance
5.20.3 Product Benchmarking
5.20.4 Strategic Initiatives
5.21 Zeller+Gmelin Corporation
5.21.1 Company Overview
5.21.2 Financial Performance
5.21.3 Product Benchmarking
5.22 Buhmwoo Chemical Ind. Co., Ltd.
5.22.1 Company Overview
5.22.2 Financial Performance
5.22.3 Product Benchmarking
5.23 Blaser Swisslube AG
5.23.1 Company Overview
5.23.2 Financial Performance
5.23.3 Product Benchmarking
