Asia Pacific Marine Lubricants Market 2021-2031 by Product Type (Mineral, Synthetic, Bio-Based, Grease), Application (Engine, Motors, Gear, Hydraulic, Air Compressor, Others), End Use (Bulk Carriers, Tankers, Container Ships, General Cargo, Others), and Country: Trend Forecast and Growth Opportunity

December 2022 | 126 pages | ID: A3588ACCEB52EN
GMD Research

Abstracts

Asia Pacific marine lubricants market will grow by 3.9% annually with a total addressable market cap of $41,601.3 million over 2022-2031, driven by the increasing demand for marine lubricants from the shipping industry and its increasing maintenance cost for fuel-saving and cost reduction, the increasing expenditure in marine defense vessels, an increase in demand for bio-based eco-friendly marine lubricants, the emerging emission abatement technologies, and the growth in maritime tourism and the infrastructural developments.

Highlighted with 30 tables and 65 figures, this 126-page report “Asia Pacific Marine Lubricants Market 2021-2031 by Product Type (Mineral, Synthetic, Bio-Based, Grease), Application (Engine, Motors, Gear, Hydraulic, Air Compressor, Others), End Use (Bulk Carriers, Tankers, Container Ships, General Cargo, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific marine lubricants market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific marine lubricants market in every aspect of the classification from perspectives of Product Type, Application, End Use, and Country.

Based on Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (thousand tons) for 2021-2031 included in each section.

• Mineral Oil
• Synthetic Oil
• Bio-Based Oil

Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (thousand tons) for 2021-2031 included in each section.

• Engine System
• Motors & Auxiliaries
• Gear System
• Hydraulic System
• Air Compressor
• Other Applications

By End Use, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (thousand tons) for 2021-2031 included in each section.

• Bulk Carriers
• Tankers
• Container Ships
• General Cargo
• Other End Uses

Geographically, the following national/local markets are fully investigated:

• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Product Type, Application and End Use over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Selected Key Players:

BP Plc

Castrol

Chevron Corporation

Eni S.p.A

ExxonMobil Corporation

Fuchs Lubritech GmbH

Gulf Oil International Ltd.

Idemitsu Kosan Co., Ltd.

Indian Oil Corporation Ltd.

Jx Nippon Oil & Energy Corporation

Kluber Lubrication

LUKOIL Lubricants Company

Penrite Oil

PJSC Lukoil Oil Corporation

QUEPET Lubricants

Repsol SA

Shell plc

Sinopec Corporation

TotalEnergies SE

Valvoline Inc.

(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Contents

1 INTRODUCTION

1.1 Industry Definition and Research Scope
  1.1.1 Industry Definition
  1.1.2 Research Scope
1.2 Research Methodology
  1.2.1 Overview of Market Research Methodology
  1.2.2 Market Assumption
  1.2.3 Secondary Data
  1.2.4 Primary Data
  1.2.5 Data Filtration and Model Design
  1.2.6 Market Size/Share Estimation
  1.2.7 Research Limitations
1.3 Executive Summary

2 MARKET OVERVIEW AND DYNAMICS

2.1 Market Size and Forecast
  2.1.1 Impact of COVID-19 on World Economy
  2.1.2 Impact of COVID-19 on the Market
2.2 Major Growth Drivers
2.3 Market Restraints and Challenges
2.4 Emerging Opportunities and Market Trends
2.5 Porter’s Fiver Forces Analysis

3 SEGMENTATION OF ASIA PACIFIC MARKET BY PRODUCT TYPE

3.1 Market Overview by Product Type
3.2 Mineral Oil
3.3 Synthetic Oil
3.4 Bio-Based Oil
3.5 Grease

4 SEGMENTATION OF ASIA PACIFIC MARKET BY APPLICATION

4.1 Market Overview by Application
4.2 Engine System
4.3 Motors & Auxiliaries
4.4 Gear System
4.5 Hydraulic System
4.6 Air Compressor
4.7 Other Applications

5 SEGMENTATION OF ASIA PACIFIC MARKET BY END USE

5.1 Market Overview by End Use
5.2 Bulk Carriers
5.3 Tankers
5.4 Container Ships
5.5 General Cargo
5.6 Other End Uses

6 ASIA-PACIFIC MARKET 2021-2031 BY COUNTRY

6.1 Overview of Asia-Pacific Market
6.2 Japan
6.3 China
6.4 Australia
6.5 India
6.6 South Korea
6.7 Rest of APAC Region

7 COMPETITIVE LANDSCAPE

7.1 Overview of Key Vendors
7.2 New Product Launch, Partnership, Investment, and M&A
7.3 Company Profiles
BP Plc
Castrol
Chevron Corporation
Eni S.p.A
ExxonMobil Corporation
Fuchs Lubritech GmbH
Gulf Oil International Ltd.
Idemitsu Kosan Co., Ltd.
Indian Oil Corporation Ltd.
Jx Nippon Oil & Energy Corporation
Kluber Lubrication
LUKOIL Lubricants Company
Penrite Oil
PJSC Lukoil Oil Corporation
QUEPET Lubricants
Repsol SA
Shell plc
Sinopec Corporation
TotalEnergies SE
Valvoline Inc.
RELATED REPORTS

List Of Tables

LIST OF TABLES:

Table 1. Snapshot of Asia Pacific Marine Lubricants Market in Balanced Perspective, 2021-2031
Table 2. World Economic Outlook, 2021-2031
Table 3. Fleet Ownership and Registration by Main Economies, 1 January 2022, Number of vessels and Thousands of dead-weight tons
Table 4. Main Product Trends and Market Opportunities in Asia Pacific Marine Lubricants Market
Table 5. Asia Pacific Marine Lubricants Market by Product Type, 2021-2031, $ mn
Table 6. Asia Pacific Marine Lubricants Market by Product Type, 2021-2031, thousand tons
Table 7. Asia Pacific Marine Lubricants Market by Application, 2021-2031, $ mn
Table 8. Asia Pacific Marine Lubricants Market by Application, 2021-2031, thousand tons
Table 9. Asia Pacific Marine Lubricants Market by End Use, 2021-2031, $ mn
Table 10. Asia Pacific Marine Lubricants Market by End Use, 2021-2031, thousand tons
Table 11. APAC Marine Lubricants Market by Country, 2021-2031, $ mn
Table 12. Japan Marine Lubricants Market by Product Type, 2021-2031, $ mn
Table 13. Japan Marine Lubricants Market by Application, 2021-2031, $ mn
Table 14. Japan Marine Lubricants Market by End Use, 2021-2031, $ mn
Table 15. China Marine Lubricants Market by Product Type, 2021-2031, $ mn
Table 16. China Marine Lubricants Market by Application, 2021-2031, $ mn
Table 17. China Marine Lubricants Market by End Use, 2021-2031, $ mn
Table 18. Australia Marine Lubricants Market by Product Type, 2021-2031, $ mn
Table 19. Australia Marine Lubricants Market by Application, 2021-2031, $ mn
Table 20. Australia Marine Lubricants Market by End Use, 2021-2031, $ mn
Table 21. India Marine Lubricants Market by Product Type, 2021-2031, $ mn
Table 22. India Marine Lubricants Market by Application, 2021-2031, $ mn
Table 23. India Marine Lubricants Market by End Use, 2021-2031, $ mn
Table 24. South Korea Marine Lubricants Market by Product Type, 2021-2031, $ mn
Table 25. South Korea Marine Lubricants Market by Application, 2021-2031, $ mn
Table 26. South Korea Marine Lubricants Market by End Use, 2021-2031, $ mn
Table 27. Marine Lubricants Market in Rest of APAC by Country/Region, 2021-2031, $ mn
Table 28. BP Plc: Company Snapshot
Table 29. BP Plc: Business Segmentation
Table 30. BP Plc: Product Portfolio

List Of Figures

LIST OF FIGURES:

Figure 1. Research Method Flow Chart
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2021-2031
Figure 4. Asia Pacific Marine Lubricants Market, 2021-2031, $ mn
Figure 5. Asia Pacific Marine Lubricants Market, 2021-2031, thousand tons
Figure 6. Impact of COVID-19 on Business
Figure 7. Primary Drivers and Impact Factors of Asia Pacific Marine Lubricants Market
Figure 8. World Shipbuilding Capacity by Country, 2013 – 2026F, million CGT
Figure 9. Fleet Market by Region of Beneficial Ownership, 2022, Millions of dead-weight tons
Figure 10. World Crude Oil Production, 2000-2021, million tons
Figure 11. Primary Restraints and Impact Factors of Asia Pacific Marine Lubricants Market
Figure 12. Investment Opportunity Analysis
Figure 13. Porter’s Fiver Forces Analysis of Asia Pacific Marine Lubricants Market
Figure 14. Breakdown of Asia Pacific Marine Lubricants Market by Product Type, 2021-2031, % of Revenue
Figure 15. Asia Pacific Addressable Market Cap in 2022-2031 by Product Type, Value ($ mn) and Share (%)
Figure 16. Breakdown of Asia Pacific Marine Lubricants Market by Product Type, 2021-2031, % of Volume
Figure 17. Asia Pacific Addressable Market Cap in 2022-2031 by Product Type, Volume (thousand tons) and Share (%)
Figure 18. Asia Pacific Marine Lubricants Market by Product Type: Mineral Oil, 2021-2031, $ mn
Figure 19. Asia Pacific Marine Lubricants Market by Product Type: Mineral Oil, 2021-2031, thousand tons
Figure 20. Asia Pacific Marine Lubricants Market by Product Type: Synthetic Oil, 2021-2031, $ mn
Figure 21. Asia Pacific Marine Lubricants Market by Product Type: Synthetic Oil, 2021-2031, thousand tons
Figure 22. Asia Pacific Marine Lubricants Market by Product Type: Bio-Based Oil, 2021-2031, $ mn
Figure 23. Asia Pacific Marine Lubricants Market by Product Type: Bio-Based Oil, 2021-2031, thousand tons
Figure 24. Asia Pacific Marine Lubricants Market by Product Type: Grease, 2021-2031, $ mn
Figure 25. Asia Pacific Marine Lubricants Market by Product Type: Grease, 2021-2031, thousand tons
Figure 26. Breakdown of Asia Pacific Marine Lubricants Market by Application, 2021-2031, % of Sales Revenue
Figure 27. Asia Pacific Addressable Market Cap in 2022-2031 by Application, Value ($ mn) and Share (%)
Figure 28. Breakdown of Asia Pacific Marine Lubricants Market by Application, 2021-2031, % of Sales Volume
Figure 29. Asia Pacific Addressable Market Cap in 2022-2031 by Application, Volume (thousand tons) and Share (%)
Figure 30. Asia Pacific Marine Lubricants Market by Application: Engine System, 2021-2031, $ mn
Figure 31. Asia Pacific Marine Lubricants Market by Application: Engine System, 2021-2031, thousand tons
Figure 32. Asia Pacific Marine Lubricants Market by Application: Motors & Auxiliaries, 2021-2031, $ mn
Figure 33. Asia Pacific Marine Lubricants Market by Application: Motors & Auxiliaries, 2021-2031, thousand tons
Figure 34. Asia Pacific Marine Lubricants Market by Application: Gear System, 2021-2031, $ mn
Figure 35. Asia Pacific Marine Lubricants Market by Application: Gear System, 2021-2031, thousand tons
Figure 36. Asia Pacific Marine Lubricants Market by Application: Hydraulic System, 2021-2031, $ mn
Figure 37. Asia Pacific Marine Lubricants Market by Application: Hydraulic System, 2021-2031, thousand tons
Figure 38. Asia Pacific Marine Lubricants Market by Application: Air Compressor, 2021-2031, $ mn
Figure 39. Asia Pacific Marine Lubricants Market by Application: Air Compressor, 2021-2031, thousand tons
Figure 40. Asia Pacific Marine Lubricants Market by Application: Other Applications, 2021-2031, $ mn
Figure 41. Asia Pacific Marine Lubricants Market by Application: Other Applications, 2021-2031, thousand tons
Figure 42. Breakdown of Asia Pacific Marine Lubricants Market by End Use, 2021-2031, % of Sales Revenue
Figure 43. Asia Pacific Addressable Market Cap in 2022-2031 by End Use, Value ($ mn) and Share (%)
Figure 44. Breakdown of Asia Pacific Marine Lubricants Market by End Use, 2021-2031, % of Sales Volume
Figure 45. Asia Pacific Addressable Market Cap in 2022-2031 by End Use, Volume (thousand tons) and Share (%)
Figure 46. World Fleet by Principal Vessel Type, 1981-2022, Millions of dead-weight tons
Figure 47. Asia Pacific Marine Lubricants Market by End Use: Bulk Carriers, 2021-2031, $ mn
Figure 48. Asia Pacific Marine Lubricants Market by End Use: Bulk Carriers, 2021-2031, thousand tons
Figure 49. Asia Pacific Marine Lubricants Market by End Use: Tankers, 2021-2031, $ mn
Figure 50. Asia Pacific Marine Lubricants Market by End Use: Tankers, 2021-2031, thousand tons
Figure 51. Asia Pacific Marine Lubricants Market by End Use: Container Ships, 2021-2031, $ mn
Figure 52. Asia Pacific Marine Lubricants Market by End Use: Container Ships, 2021-2031, thousand tons
Figure 53. Asia Pacific Marine Lubricants Market by End Use: General Cargo, 2021-2031, $ mn
Figure 54. Asia Pacific Marine Lubricants Market by End Use: General Cargo, 2021-2031, thousand tons
Figure 55. Asia Pacific Marine Lubricants Market by End Use: Other End Uses, 2021-2031, $ mn
Figure 56. Asia Pacific Marine Lubricants Market by End Use: Other End Uses, 2021-2031, thousand tons
Figure 57. Breakdown of APAC Marine Lubricants Market by Country, 2021 and 2031, % of Revenue
Figure 58. Contribution to APAC 2022-2031 Cumulative Market by Country, Value ($ mn) and Share (%)
Figure 59. Marine Lubricants Market in Japan, 2021-2031, $ mn
Figure 60. Marine Lubricants Market in China, 2021-2031, $ mn
Figure 61. Marine Lubricants Market in Australia, 2021-2031, $ mn
Figure 62. Marine Lubricants Market in India, 2021-2031, $ mn
Figure 63. Marine Lubricants Market in South Korea, 2021-2031, $ mn
Figure 64. Marine Lubricants Market in Rest of APAC, 2021-2031, $ mn
Figure 65. Growth Stage of Asia Pacific Marine Lubricants Industry over the Forecast Period