Increasing global trade and spurt in the shipping industry is
expected to drive marine lubricant demand over the next five years. The
growing popularity and increasing utilization of group III and IV base
oils and increasing substitution of base I oil, which is a major source
of marine lubricants has emerged as a critical issue for industry
participants.
To Buy The Copy of This Report Visit: http://www.industrymonitor.co/report/167328-marine
This market research study, analyzes the global market for marine
lubricants, estimating and forecasting the market from the consumption
point of view, while segmentation has been carried out on various levels
including product types based on base oils, application, as well as on
geographical basis to provide a holistic picture of the market. In
marine lubricants, regional, product based and application based market
data is given in terms of both volumes and revenues for the period 2011
to 2018. The study assists in understanding the growing popularity of
various segments based on product type and application.
Different marine lubricant product forms analyzed in this study
include mineral oil, synthetic and bio-based marine lubricants. Marine
lubricant applications estimated and forecasted in this study include
engine oils, hydraulic oils, grease, and others types (turbine oils,
gear oils, compressor oils and heat transfer fluids). Regional data has
been provided for North America (U.S, Canada and Mexico), Europe (U.K.,
Turkey, Germany, Italy, Spain, Netherlands, and France), Asia Pacific
(China, Japan, South Korea and Singapore), and Rest of the World (RoW).
The report also includes Porters five forces model, value chain
analysis of the market and market attractiveness analysis by product
type. Some of the key companies that deal in mineral oil, synthetic and
bio-based marine lubricants include Total Lubricants (Lubmarine), Royal
Dutch Shell, Chevron, BP Marine Castrol, and ExxonMobil. The report
provides an overview of these companies followed by their financial
revenue, business strategies and recent developments.
The research provides detailed analysis of companies dealing in
marine lubricants, trend analysis and demand forecast by geography.
Various levels of market segmentation for which estimate and forecast
has been provided are as follows:
Global marine lubricant market, by product type
- Mineral oil marine lubricants
- Synthetic marine lubricants
- Bio-based marine lubricants
Global marine lubricant market, by application
- Engine oil marine lubricants
- Hydraulic oil marine lubricants
- Grease
- Others (turbine oils, gear oils, compressor oils and heat transfer fluids)
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