Global Lubricant Growth Opportunities

Global Lubricant Growth Opportunities

Product Development Focused on Electric Vehicles Creates Growth Opportunities

RELEASE DATE
07-Jun-2024
REGION
Global
Deliverable Type
Market Research
Research Code: PF89-01-00-00-00
SKU: CM_2024_780
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$4,950.00
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SKU
CM_2024_780
$4,950.00
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Description

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

Table of Contents

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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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
More Information
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