The global lubricants market and its crucial elements are analyzed in a recent market research report published by Transparency Market Research. The report states that the market will expand at a meagre 1.72% CAGR over the period between 2014 and 2020. As a result, the market, which had a valuation of 39,140.12 kilo tons, will reach 44,165.11 kilo tons by 2020.The report is titled “Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020” and is ... Read more
The global lubricants market and its crucial elements are analyzed in a recent market research report published by Transparency Market Research. The report states that the market will expand at a meagre 1.72% CAGR over the period between 2014 and 2020. As a result, the market, which had a valuation of 39,140.12 kilo tons, will reach 44,165.11 kilo tons by 2020.The report is titled “Lubricants Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2014 - 2020” and is ... Read more
The top three players in the global lubricants market for off-road sector held a share of 31.6% in the overall market in 2015. Royal Dutch Shell Plc., ExxonMobil Corporation, and BP Global have shown incredible dominance in the global market with terrific brand value. These companies are expected to lead the pack in the coming years as they continue to invest in improving their infrastructural facilities and development of newer and better products.
global lubricants market and its crucial elements are analyzed in a recent market research report published by Transparency Market Research. The report states that the market will expand at a meagre 1.72% CAGR over the period between 2014 and 2020. As a result, the market, which had a valuation of 39,140.12 kilo tons, will reach 44,165.11 kilo tons by 2020.The report is titled “Lubricants ... Read more
The global lubricants market and its crucial elements are analyzed in a recent market research report published by Transparency Market Research. The report states that the market will expand at a meagre 1.72% CAGR over the period between 2014 and 2020. As a result, the market, which had a valuation of 39,140.12 kilo tons, will reach 44,165.11 kilo tons by 2020.The report is titled “Lubricants Market - ... Read more
The vendor landscape of the global lubricant market is consolidated, with top five players accounting for major portion of market share in the global lubricant market. The Transparency Market Research (TMR) has found that the key players operating in the lubricant market includes Exxon Mobil Corporation, Royal Dutch Shell plc., BP P.L.C., Total S.A., and Chevron Corporation and these companies are majorly focused ... Read more
One of the major purpose of lubricants is to diminish the friction as well as offer protection against wear & tear in order to increase the runtimes of machine and thus safeguards the raw materials. However, sometimes, movement of 2 bearing surfaces can only be made if it has lubricant. On the other hand, as per the current scenario, when sustainability is becoming a major driving force in the market, preservation of energy as well as resources ... Read more
The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Lubricants Market Valuable Growth Prospects and Insights on Future Scenario”. The fact-based research report on the global Lubricants market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and ... Read more
The global lubricants market was valued at US$ 125.66 Bn in 2017 and is anticipated to expand at a CAGR of 2.9% from 2018 to 2026, according to a new report titled ‘Lubricants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) The global lubricants market is driven by the rise in demand for synthetic ... Read more
A lubricant is an organic material used to reduce friction between two parts mutually connected to each other. In industrial applications which use huge machines, lubricants play a vital role in reducing friction between components moving at high speeds, thereby minimizing the heat generated, avoiding losses, and reducing wear & tear. They aid maintenance, ensure safety at the workplace by preventing accidents caused by possible leaks & spills, help avoid energy losses, and increase ... Read more
The global lubricants market was valued at US$ 125.66 Bn in 2017 and is anticipated to expand at a CAGR of 2.9% from 2018 to 2026, according to a new report titled ‘Lubricants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) The global lubricants market is driven by the rise in demand for synthetic lubricants across the globe. Asia Pacific accounts for major share of the ... Read more
The global lubricants market was valued at US$ 125.66 Bn in 2017 and is anticipated to expand at a CAGR of 2.9% from 2018 to 2026, according to a new report titled ‘Lubricants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) The global lubricants market is driven by the rise in demand for synthetic lubricants across the globe. Asia Pacific accounts for major share of the ... Read more
The global lubricants market was valued at US$ 125.66 Bn in 2017 and is anticipated to expand at a CAGR of 2.9% from 2018 to 2026, according to a new report titled ‘Lubricants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) The global lubricants market is driven by the rise in demand for synthetic lubricants across the globe. Asia Pacific accounts for major share of the ... Read more
The global lubricants market was valued at US$ 125.66 Bn in 2017 and is anticipated to expand at a CAGR of 2.9% from 2018 to 2026, according to a new report titled ‘Lubricants Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026,’ published by Transparency Market Research (TMR) The global lubricants market is driven by the rise in demand for synthetic lubricants across the globe. Asia Pacific accounts for major share of the ... Read more
A new market research study by Technavio on the global lubricants market projects the market to grow at a CAGR of close to 3% during the period 2019-2023. This research report provides an in-depth analysis of the market in terms of revenue, top drivers, and emerging market trends. It also includes detailed insights and ... Read more
ASEAN, GCC, Africa & India Lubricants Market capitalization can reach USD 29,532.9 million by 2023, at a CAGR of 4.30% during the forecast period (2017-2023). High demand for lubricants in the automobile industry results has provided numerous opportunities. Furthermore, growing sale of commercial vehicles and continuous economic development of the Association of Southeast Asian Nations (ASEAN) ... Read more
Market Overview:
Lubricants are compounds that are used to reduce friction and wear between surfaces in contact. They are obtained either from petroleum or synthetic sources. Lubricants are widely used in automotive, industrial machinery and equipment to facilitate smooth functioning and increase their lifetime. Oils like engine oil, transmission oil, gear oil, hydraulic oil etc. are commonly used lubricants in automobiles and other engines to reduce friction between ... Read more
