Global Lubricant Growth Opportunities
Product Development Focused on Electric Vehicles Creates Growth Opportunities
07-Jun-2024
Global
Market Research
Lubricants are typically employed to reduce friction between interacting components, serving a crucial function in preventing equipment malfunctions and operational disruptions across diverse industries. From 2020 to 2023, global lubricant consumption registered slow growth. Owing to restrictions during the COVID-19 pandemic, many industries observed a slowdown in demand for lubricants due to reduced activities in automotive and other industrial sectors. This caused a drop in the use of lubricants in 2020 compared to 2019. Nonetheless, the global lubricants industry is anticipated to witness moderate volume growth during the forecast period.
This study examines the global lubricants industry from both product and end-user perspectives. It includes the lubricants used in major end-user segments, such as passenger vehicles, on-road commercial vehicles, off-highway construction equipment, and the industrial sector. The study represents an assessment of the current status and future prospects of the global lubricants industry. It assesses the impact of supply chain, sustainability, regulations, and product innovation on the industry.
The study takes into account lubricant volumes and revenues generated from 2019 to 2030 for each end-user segment. Revenues are recorded at the manufacturer level.
Author: Christeena Thomas
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Global Lubricants Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Scope of Analysis
Segmentation
Geographic Scope
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Growth Restraint Analysis (continued)
Revenue and Volume Forecast
Revenue and Volume Forecast Analysis
Average Price Forecast
Pricing Trends and Forecast Analysis
Revenue Forecast by End User
Volume Forecast by End User
Revenue Forecast by Region
Volume Forecast by Region
Forecast Analysis by Region
Regulations on Lubricants—Major Decision-Makers
Recent Developments in Regulations
Recent Developments in Regulations (continued)
Other Major Regulations—Specific Regulations Affecting Industrial Lubricants and Environmental Regulations That Impact All Lubricants
Volume Forecast by Base Oil Group
Viscosity Grade and Base Oil Trends
Viscosity Grade and Base Oil Trends (continued)
Competitive Environment
Revenue Share
Revenue Share Analysis
Value Chain
Value Chain Discussion
M&As in the Global Lubricants Industry
M&As in the Global Lubricants Industry (continued)
Sustainability Factors Affecting the Global Lubricants Industry
Circular Economy—RRBOs
RRBOs (Case Study—PURAGLOBE GmbH)
RRBOs (Case Study—Avista Oil AG)
RRBOs (Case Study—Neste Corp.)
RRBOs (Case Study—ReGen III Corp.)
Bio-based Lubricants
Bio-based Lubricants (Case Study—Biosynthetic Technologies, LLC)
Bio-based Lubricants (Case Study—BioBlend Renewable Resources, LLC)
Bio-based Lubricants (Case Study—Renewable Lubricants, Inc.)
Bio-based Lubricants (Case Study—FUCHS)
Segment Characteristics and Overview
Growth Metrics
Forecast Assumptions—Passenger Vehicle (OEM/First-fill)
Forecast Assumptions—Passenger Vehicle (Maintenance/Refill)
Revenue and Volume Forecast
Revenue and Volume Forecast Analysis
Revenue Forecast by Product Type
Volume Forecast by Product Type
Volume Forecast by Base Oil Group
Revenue and Volume Forecast Analysis by Product Type
eFluid Trends and Analysis
Revenue Forecast by Region
Volume Forecast by Region
Volume Forecast Analysis by Region
Volume Forecast Analysis by Region (continued)
Segment Characteristics and Overview
Growth Metrics
Forecast Assumptions—Commercial Vehicles (OEM/First-fill)
Forecast Assumptions—Commercial Vehicles (Maintenance/Refill)
Revenue and Volume Forecast
Revenue and Volume Forecast Analysis
Revenue Forecast by Product Type
Volume Forecast by Product Type
Volume Forecast by Base Oil Group
Revenue and Volume Forecast Analysis by Product Type
eFluid Trends and Analysis
Revenue Forecast by Region
Volume Forecast by Region
Volume Forecast Analysis by Region
Volume Forecast Analysis by Region (continued)
Segment Characteristics and Overview
Growth Metrics
Forecast Assumptions—Construction Equipment (OEM/First-fill)
Forecast Assumptions—Construction Equipment (Maintenance/Refill)
Revenue and Volume Forecast
Revenue and Volume Forecast Analysis
Revenue Forecast by Product Type
Volume Forecast by Product Type
Volume Forecast by Base Oil Group
Revenue and Volume Forecast Analysis by Product Type
Revenue Forecast by Region
Volume Forecast by Region
Volume Forecast Analysis by Region
Volume Forecast Analysis by Region (continued)
Segment Characteristics and Overview
Growth Metrics
Forecast Assumptions—Industrial (OEM/First-fill)
Forecast Assumptions—Industrial (Maintenance/Refill)
Revenue and Volume Forecast
Revenue and Volume Forecast Analysis
Revenue Forecast by Product Type
Volume Forecast by Product Type
Volume Forecast by Base Oil Group
Revenue and Volume Forecast Analysis by Product Type
Revenue Forecast by Region
Volume Forecast by Region
Volume Forecast Analysis by Region
Volume Forecast Analysis by Region (continued)
Growth Opportunity 1—Lubricants Formulated with Higher-quality Base Oils
Growth Opportunity 1—Lubricants Formulated with Higher-quality Base Oils (continued)
Growth Opportunity 2—Automatic Lubrication Systems for he Industrial Sector
Growth Opportunity 2—Automatic Lubrication Systems for he Industrial Sector (continued)
Growth Opportunity 3—Lubricants for Electric Vehicles and Heavy Equipment
Growth Opportunity 3—Lubricants for Electric Vehicles and Heavy Equipment (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Legal Disclaimer
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Deliverable Type | Market Research |
---|---|
Author | Christeena Thomas |
Industries | Chemicals and Materials |
No Index | No |
Is Prebook | No |
Keyword 1 | global lubricant industry |
Keyword 2 | industrial lubricants market |
Keyword 3 | automotive lubricants market |
Podcast | No |
Predecessor | MFED-01-00-00-00 |
WIP Number | PF89-01-00-00-00 |