Synthetic Lubricants & Functional Fluids Market in the US by Product, Material and Market, 5th Edition

Synthetic Lubricants & Functional Fluids Market in the US by Product, Material and Market, 5th Edition

Demand for synthetic lubricants and functional fluids in the US is expected to grow 5.5 percent per year to $5.7 billion in 2020. Volume will rise to 513 million gallons. Stricter technical demands on lubricants and functional fluids will move customers towards synthetic products that can improve energy efficiency, reduce wear and tear on equipment, and extend maintenance intervals.

This report covers demand for synthetic lubricants and functional fluids by Product, Material, and Market. Data are given in dollar value and volume (gallons).

Products covered in the synthetic lubricants and functional fluids study include:
Electrical Oil
Engine Coolant
Heat Transfer Fluid
Hydraulic Fluid
Metalworking Fluid
Semi-Synthetic Engine Oil
Synthetic Engine Oil
Transmission Fluid

Markets for synthetic lubricants and functional fluids include:
Light Vehicles
Medium-and Heavy-Duty Vehicles
Off-Highway Equipment
Industrial Equipment
Metal Processing
Process Industries
Energy & Power Generation
Aerospace

Synthetic materials covered in the study include:
Polyalphaolefin (PAO)
Glycols, including polyalkylene glycol (PAG)
Synthetic esters
Group III base oils
Silicone Fluids
Aromatics-based chemicals, including alkylated naphthalene and others

Scope of the Report
This report covers the scope, size, and growth of the US market for synthetic lubricants and functional fluids including key trends in applications and market segmentation. Historical data are provided for 2005, 2010, and 2015 with forecasts for 2020 and 2025, with historical pricing data and forecasts also discussed. Data are provided in both volume (gallons) and dollar value. Also included is an analysis of the industry key players and their market shares.