Global Industrial Lubricants by Product, Market and Formulation
Global demand for industrial lubricants is forecast to grow 1.6% per year to 19.4 million metric tons by 2021. Increases in global manufacturing output and a rise in global trade will boost demand for industrial lubricants.
This report covers industrial lubricant demand by Product, Market, Formulation and Region. Data are given in volume terms (thousand metric tons).
Industrial lubricant applications covered in the study include:
Manufacturing
Transportation Equipment
Other (power generation, oil and gas production, mining, agriculture)
Products addressed in the study include:
Process Oils
Engine Oils
Hydraulic Fluids
Metalworking Fluids
General Industrial Oils
Gear Oils
Greases
Formulations covered in the study include:
Conventional
Synthetic
Bio-based/re-refined
Demand is also broken out for the major country markets and by region:
North America
Central & South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast
Scope of the Report
This report covers the scope, size, and growth of the global industrial lubricants market including key trends in product, market, and formulation segmentation. Historical data are provided for 2006, 2011, and 2016 with forecasts for 2021, wit year by year historical market volatility also addressed. Data are provided in volume terms at the global, regional, and country level. Also included is an analysis of the key industry players and their market shares, both on a global and regional level.
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