Lubricants Market: Global Industry Size, Growth, Share and Forecast to 2025

Published By: Brisk Insights | Published On: May 29, 2017

Key Findings

The Global Lubricants Market has been projected to grow at the CAGR of 3.3% market during 2017-2025. In 2016, the market has generated the revenue of $ 56.8 Billion and is expected to reach $ 75.6 Billion in terms of revenue by 2025.

 

The lubricants market is expected to witness significant growth with proliferation of transportation sector. Growth in disposable income of the middle class is resulting in higher spending on various commodities, travel, cars, consumer goods and other services. Rapid growth in number of passenger vehicles and passenger aircraft due to increasing disposable income of the middle class especially in emerging economies such as China, India, South Korea, Brazil and others. Thus, increasing number of passenger vehicles is expected to fuel the demand for lubricants during the forecast period. Further, increasing movement of goods with growing international trade due to growth in demand for consumer goods fueling the demand for road transport, air cargo and marine services is subsequently projected to propel the demand for lubricants during the forecast period.

 

Market Segment Insights

The global lubricants market for the purpose of this study is studied for product type and applications. Mineral oil, synthetic, bio-based and grease lubricants are the prime lubricants considered in product type segmentation. On the other hand, transportation, industrial and others are the application areas where lubricants are used.

 

Regional Insights

For the purpose of this study, the global lubricants market is regionally categorized into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa markets. These regional markets are further sub-segmented into top country level markets that majorly determine the regional industry trends. Among the considered regional markets, Asia Pacific currently dominates the global lubricants market, with China being the largest county-level market. Rapid growth in number of passenger and commercial vehicles, industrial production and increasing internal trade in the region are the factors that predominantly drive the Asia Pacific lubricants market. On the other hand, North America is anticipated to stand at second position in global lubricants market accounting significant share. High purchasing power, strong industrial production are the most prominent market drivers in the region.

 

Market Competition Assessment:

The major players currently operating in the global lubricants market Royal Dutch Shell plc., Exxon Mobil Corporation, BP P.L.C., Chevron Corporation, Total S.A., Petrochina Company Limited, Lukoil, Sinopec Limited., Kuwait Petroleum Corp., Saudi Arabian Oil Company (Aramco) and others.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions


2. Executive Summary
2.1. Global Lubricants Market Snapshot
2.1.1. Global Lubricants Market, by Product Type, 2016
2.1.2. Global Lubricants Market, by Application, 2016
2.1.3. Global Lubricants Market, by Geography, 2016
2.1.4. Key Players
2.1.5. Drivers, Restrains & Future Prospects


3. Global Lubricants Market Dynamics
3.1. Preface
3.1.1. Market Definition
3.1.2. Market Size & Forecast, 2015-2025
3.2. Drivers
3.3. Challenges
3.4. Future Prospects
3.5. Impact Analysis of Drivers and Challenges
3.6. Global Production vs. Consumption Scenario (2011-2015)
3.7. Export Import Scenario of Key Regions (2011-2014)
3.8. Porter’s Five Force Analysis
3.8.1. Bargaining Power Of Suppliers
3.8.2. Bargaining Power Of Buyers
3.8.3. Threat Of Substitutes
3.8.4. Threat Of New Entrants
3.8.5. Industry Rivalry


4. Global Lubricants Market Size & Forecast (Million Tons) ($ Billion), By Product Type, 2015 – 2025
4.1. Overview
4.1.1. Market Share Analysis, by Product Type, 2016 vs. 2025
4.1.2. Attractive Investment Proposition, by Product Type
4.2. Mineral Oil Lubricants
4.3. Synthetic Lubricants
4.4. Bio-Based Lubricants
4.5. Greases


5. Global Lubricants Market Size & Forecast (Million Tons) ($ Billion), By Application, 2015 – 2025
5.1. Overview
5.1.1. Market Share Analysis by Application, 2016 vs. 2025
5.1.2. Attractive Investment Proposition, by Application
5.2. Transportation
5.3. Industrial
5.4. Others


6. Global Lubricants Market Size & Forecast (Million Tons) ($ Billion), By Geography, 2015 – 2025
6.1. Overview
6.1.1. Market Share Analysis by Geography, 2016 vs. 2025
6.1.2. Attractive Investment Proposition, by Geography
6.2. North America Lubricants Market Analysis, 2015 – 2025
6.2.1. North America Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Country, 2015 – 2025
6.2.1.1. U.S.
6.2.1.2. Canada
6.2.2. North America Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Product Type, 2015 – 2025
6.2.2.1. Mineral Oil Lubricants
6.2.2.2. Synthetic Lubricants
6.2.2.3. Bio-Based Lubricants
6.2.2.4. Greases
6.2.3. North America Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Application, 2015 – 2025
6.2.3.1. Transportation
6.2.3.2. Industrial
6.2.3.3. Others
6.3. Europe Lubricants Market Analysis, 2015 – 2025
6.3.1. Europe Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Country, 2015 – 2025
6.3.1.1. U.K.
6.3.1.2. Germany
6.3.1.3. Italy
6.3.1.4. France
6.3.1.5. Russia
6.3.1.6. Rest of Europe
6.3.2. Europe Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Product Type, 2015 – 2025
6.3.2.1. Mineral Oil Lubricants
6.3.2.2. Synthetic Lubricants
6.3.2.3. Bio-Based Lubricants
6.3.2.4. Greases
6.3.3. Europe Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Application, 2015 – 2025
6.3.3.1. Transportation
6.3.3.2. Industrial
6.3.3.3. Others
6.4. Asia Pacific Lubricants Market Analysis , 2015 – 2025
6.4.1. Asia Pacific Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Country, 2015 – 2025
6.4.1.1. China
6.4.1.2. India
6.4.1.3. Japan
6.4.1.4. Rest of Asia Pacific
6.4.2. Asia Pacific Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Product Type, 2015 – 2025
6.4.2.1. Mineral Oil Lubricants
6.4.2.2. Synthetic Lubricants
6.4.2.3. Bio-Based Lubricants
6.4.2.4. Greases
6.4.3. Asia Pacific Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Application, 2015 – 2025
6.4.3.1. Transportation
6.4.3.2. Industrial
6.4.3.3. Others
6.5. Latin America Lubricants Market Analysis , 2015 – 2025
6.5.1. Latin America Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Country, 2015 – 2025
6.5.1.1. Brazil
6.5.1.2. Mexico
6.5.1.3. Rest of Latin America
6.5.2. Latin America Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Product Type, 2015 – 2025
6.5.2.1. Mineral Oil Lubricants
6.5.2.2. Synthetic Lubricants
6.5.2.3. Bio-Based Lubricants
6.5.2.4. Greases
6.5.3. Latin America Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Application, 2015 – 2025
6.5.3.1. Transportation
6.5.3.2. Industrial
6.5.3.3. Others
6.6. Middle East & Africa (MEA) Lubricants Market Analysis , 2015 – 2025
6.6.1. MEA Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Region, 2015 – 2025
6.6.1.1. GCC
6.6.1.2. Rest of MEA
6.6.2. MEA Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Product Type, 2015 – 2025
6.6.2.1. Mineral Oil Lubricants
6.6.2.2. Synthetic Lubricants
6.6.2.3. Bio-Based Lubricants
6.6.2.4. Greases
6.6.3. MEA Lubricants Market Size & Forecast (Million Tons) ($ Billion), by Application, 2015 – 2025
6.6.3.1. Transportation
6.6.3.2. Industrial
6.6.3.3. Others


7. Company Profiles
7.1. Competitive Dashboard
7.2. Key Players
7.2.1. Royal Dutch Shell plc.
7.2.1.1. Business Description
7.2.1.2. Financial Information*
7.2.1.3. Product Portfolio
7.2.1.4. Key Developments/ Business Strategies
7.2.2. Exxon Mobil Corporation
7.2.3. BP P.L.C.
7.2.4. Chevron Corporation
7.2.5. Total S.A.
7.2.6. Petrochina Company Limited
7.2.7. Lukoil
7.2.8. Sinopec Limited.
7.2.9. Kuwait Petroleum Corp.
7.2.10. Saudi Arabian Oil Company (Aramco)
7.2.11. Other Notable Players

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