Global Marine Cylinder Oil Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
Marine lubricants refer to lubricating oil and lubricating grease that used in marine industry. The use of lubricants and lubricant parameters on ships is an important role managed by the main engine lube oil system. This consists of a pump that pressurizes the oil, circulating it through a set of filters and a cooler before distribution to all the moving components of the diesel engine. Cylinder Oils are blended from highly refined base oils and multifunctional additive packages. They can be used in crosshead engines running on high sulfur content diesel or residual fuels. To counter the risk of corrosion from sulphuric acid condensates, marine cylinder oils are formulated with a higher alkalinity (BN) than found in other lubricants: typical automotive engine oils may be in the 8-15 BN range, for example, while current marine cylinder lubricants are typically of 40-80 BN.
According to our (Global Info Research) latest study, the global Marine Cylinder Oil market size was valued at US$ 2910 million in 2023 and is forecast to a readjusted size of USD 3416 million by 2030 with a CAGR of 2.3% during review period.
Global Marine Cylinder Oil key players include BP, ExxonMobil, Shell, Total, Chevron, etc. Global top five manufacturers hold a share about 75%. Asia Pacific is the largest market, with a share about 50%, followed by Europe, with a share about 20 percent. In terms of product, High-BN (70-100 BN) is the largest segment, with a share about 85%. And in terms of application, the largest application is Deep Sea, followed by Inland and Coastal.
This report is a detailed and comprehensive analysis for global Marine Cylinder Oil market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Marine Cylinder Oil market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Marine Cylinder Oil market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Marine Cylinder Oil market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030
Global Marine Cylinder Oil market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Marine Cylinder Oil
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Marine Cylinder Oil market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BP, ExxonMobil, Shell, Total, Chevron, Sinopec, Lukoil, Idemitsu, Quepet, Gulf, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Marine Cylinder Oil market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
High-BN (70-100 BN)
Low-BN (15-60 BN)
Market segment by Application
Deep Sea
Inland and Coastal
Major players covered
BP
ExxonMobil
Shell
Total
Chevron
Sinopec
Lukoil
Idemitsu
Quepet
Gulf
JX Nippon
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Marine Cylinder Oil product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Marine Cylinder Oil, with price, sales quantity, revenue, and global market share of Marine Cylinder Oil from 2019 to 2024.
Chapter 3, the Marine Cylinder Oil competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Marine Cylinder Oil breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Marine Cylinder Oil market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Marine Cylinder Oil.
Chapter 14 and 15, to describe Marine Cylinder Oil sales channel, distributors, customers, research findings and conclusion.