4.7% CAGR | Industrial Lubricants Market Will Be Hit $ 72.4 Billion By 2026

The Global Industrial Lubricants Market Size is poised to reach around USD 72.4 billion by 2026 and will grow at a CAGR of 4.7 % during the forecast period 2019 - 2026

It is expected that improved PMI indexes worldwide and the resulting growth in manufacturing capacity will increase the demand for industrial lubricants. In addition, increasing manufacturing operations will encourage investments in manufacturing machinery, creating a strong potential for growth for industrial lubricants.

Significant revenue due to high consumption of general industrial oils is due to the growth of the industrial lubricant market. There will be considerable growth for related industries, such as chemicals, unconventional energy and mining. This trend is expected to further increase the demand for products for compressors, industrial motors, hydraulics, centrifuges and covers. Companies are investing heavily in R&D to develop innovative products to make the industry more competitive. The trend for the use of bio-based raw materials has changed because of increased knowledge about the need to reduce emissions and to conserve energy.

Asia Pacific is anticipated to register the largest CAGR in developing markets, for example India, Indonesia, Thailand and Malaysia, in 2019 to2026 owing to established end-use sectors. In addition, the awareness regarding the improvement of industrial equipment operational efficiency following lubricant application is expected to further improve the products. Demand for industrial lubricants is expected to stay at a greater level in North America and Europe despite the relative stagnation of industrial development. An increasing demand for petroleum field chemicals is expected to boost market growth in North America as a result of drilling and exploration activities. The resurgence and modernization of industrial machinery are the main driving force behind the determination in the forecast period of the demand for European industrial lubricants.

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The fluid used to reduce material wear and tear and also to reduce friction is defined as industrial lubricants. Manufacturing lubricants can be based on water or petroleum. Their main role is to prevent contact between instruments or finished materials between metals and metals. Properties for corrosion protection, great demulsion and help extend the life of the machinery are shown in industrial lubricants. It is used for a specific level of performance in various equipments.

Key Findings

Due to increasing industrial activities and modernization of industrial equipment, the demand for product in Europe will increase by around 3% at the CAGR over the predicted period.

A large proportion of global oil reserves are accounted for by Saudi Arabia. The Government will have a beneficial effect on the regional mark with heavy investments in education & infrastructure growth to decrease unemployment.

Companies are taking approaches to strengthen their product range and regional presence, such as mergers and acquisitions.

Manufacturers of industrial lubricants market are aiming to achieve optimum business growth by implementing other strategies including joint venture, capacity expansion, product development, and R&D investments

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Key Players & Strategies

The Industrial Lubricants market consists of key vendors such as Royal Dutch Shell; Phillips 66; ExxonMobil Corp.; The Lubrizol Corp.; Lucas Oil Products, Inc.; Amsoil, Inc.; Total S.A.; Fuchs Group; Kluber Lubrication; Bel-Ray Co., Inc.; Chevron Corp.; Clariant; Quaker Chemical Corp., Valvoline International, Inc.; and others.

With a big amount of worldwide and local players, the market is extremely fragmented. Companies invest strongly in research and development to create innovative goods to make the sector competitive. Based on increased awareness about emission reduction and energy conservation needs, there has been a shift in trend towards the use of bio-based raw materials.

Factors like distribution partnerships, technological innovations, product portfolio, strategic developments and capabilities are part of the industry competition. Two fresh cutting liquids have been announced by Castrol to promote the production of metal parts.

TABLE OF CONTENT

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Industrial Lubricants
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Industrial Lubricants Market By Product
1.2.2.1. Global Industrial Lubricants Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Industrial Lubricants Market Revenue Share By Product in 2017
1.2.2.3. Metal working fluids
1.2.2.4. Turbine lubricants
1.2.2.5. Gear lubricants
1.2.2.6. Hydraulic lubricants
1.2.2.7. Compressor lubricants
1.2.3. Industrial Lubricants Market By Application
1.2.3.1. Global Industrial Lubricants Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Industrial Lubricants Market Revenue Share By Application in 2017
1.2.3.3. Energy
1.2.3.4. Chemical Manufacturing
1.2.3.5. Metalworking
1.2.3.6. Hydraulic
1.2.3.7. Textiles
1.2.3.8. Food Processing
1.2.4. Industrial Lubricants Market by Geography
1.2.4.1. Global Industrial Lubricants Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Industrial Lubricants Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Industrial Lubricants Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Industrial Lubricants Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Industrial Lubricants Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Industrial Lubricants Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Industrial Lubricants Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Industrial Lubricants Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Industrial Lubricants Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Industrial Lubricants Major Manufacturers in 2017

CHAPTER 4. INDUSTRIAL LUBRICANTS MARKET BY PRODUCT

4.1. Global Industrial Lubricants Revenue By Product
4.2. Metal working fluids
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Turbine lubricants
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Gear lubricants
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Hydraulic lubricants
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Compressor lubricants
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. INDUSTRIAL LUBRICANTS MARKET BY APPLICATION

5.1. Global Industrial Lubricants Revenue By Application
5.2. Energy
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Chemical Manufacturing
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Metalworking
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Hydraulic
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Textiles
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Food Processing
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA INDUSTRIAL LUBRICANTS MARKET BY COUNTRY

6.1. North America Industrial Lubricants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Industrial Lubricants Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Industrial Lubricants Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE INDUSTRIAL LUBRICANTS MARKET BY COUNTRY

7.1. Europe Industrial Lubricants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Industrial Lubricants Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC INDUSTRIAL LUBRICANTS MARKET BY COUNTRY

8.1. Asia-Pacific Industrial Lubricants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Industrial Lubricants Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA INDUSTRIAL LUBRICANTS MARKET BY COUNTRY

9.1. Latin America Industrial Lubricants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Industrial Lubricants Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST INDUSTRIAL LUBRICANTS MARKET BY COUNTRY

10.1. Middle East Industrial Lubricants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Industrial Lubricants Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA INDUSTRIAL LUBRICANTS MARKET BY COUNTRY

11.1. Africa Industrial Lubricants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Industrial Lubricants Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Royal Dutch Shell
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Phillips 66
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. ExxonMobil Corp.
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. The Lubrizol Corp.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Lucas Oil Products, Inc.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Amsoil, Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Total S.A.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Fuchs Group
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Kluber Lubrication
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Bel-Ray Co., Inc.
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Chevron Corp.
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Clariant
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies
12.13. Quaker Chemical Corp.
12.13.1. Company Snapshot
12.13.2. Overview
12.13.3. Financial Overview
12.13.4. Product Portfolio
12.13.5. Key Developments
12.13.6. Strategies
12.14. Valvoline International, Inc.
12.14.1. Company Snapshot
12.14.2. Overview
12.14.3. Financial Overview
12.14.4. Product Portfolio
12.14.5. Key Developments
12.14.6. Strategies
12.15. Others
12.15.1. Company Snapshot
12.15.2. Overview
12.15.3. Financial Overview
12.15.4. Product Portfolio
12.15.5. Key Developments
12.15.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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