APAC Synthetic and Biodegradable Marine Lubricants Market - Industry Trends and Forecast to 2030
Asia-Pacific synthetic and biodegradable marine lubricants market is projected to register a 6.9% CAGR in the forecast period of 2023 to 2030. The new market report contains data for the historic year 2021, the base year of calculation is 2022, and the forecast period is 2023 to 2030.
Market Segmentation
Asia-Pacific Synthetic and Biodegradable Marine Lubricants Market, By Product (Greases, Gear Oil, Stern Tube Oils, Cylinder Oils, System Oils, Hydraulic Oils, Turbine Oils, Transmission Oils, Heat Transfer Fluids, Engine Oils, Refrigeration Compressors, and Others), End-User (Ships, Boats, Offshore Civil Structures, Deep Sea Ships, Coastal Yachts, Containers, Oil Tankers, Bulk Carriers, Cargo Ships, and Cruise Liners), Distribution Channel (Direct Selling and Indirect Selling), Country (Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia & New Zealand, Rest Of Asia-Pacific) Industry Trends and Forecast To 2029
Some of the major factors contributing to the growth of the Asia-Pacific synthetic and biodegradable marine lubricants market:
• Rising applications across the shipbuilding industry
• Growth in spending on FPSO vessels
Market Players
Some of the key players operating in the Asia-Pacific synthetic and biodegradable marine lubricants market are:
• RSC Bio Solutions
• PANOLIN AG
• LanoPro
• Klüber Lubrication
• Ferryl
• Chevron Corporation
• LUKOIL Marine Lubricants DMCC
• Exxon Mobil Corporation
• TotalEnergies.com
• FUCHS
• Gulf Oil Marine Ltd.
• CASTROL LIMITED
• Shell plc
• Croda International Plc.
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