Global Turbine Drip Oil Market 2024-2028

Turbine Drip Oil Market 2024-2028


The turbine drip oil market is forecasted to grow by USD 266 mn during 2023-2028, accelerating at a CAGR of 3.3% during the forecast period. The report on the turbine drip oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for mineral-based lubricants, growth in automotive industry, and efficiency of turbine drip oil to work under severe environmental conditions.

Technavio's turbine drip oil market is segmented as below:
  • By Grade Type
  • Premium
  • Traditional
  • By Geographical Landscape
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the emergence of bio-based lubricants as one of the prime reasons driving the turbine drip oil market growth during the next few years. Also, rising need for technological upgrades and increasing investment by emerging economies in power plants will lead to sizable demand in the market.

The report on the turbine drip oil market covers the following areas:
  • Turbine Drip Oil Market sizing
  • Turbine Drip Oil Market forecast
  • Turbine Drip Oil Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading turbine drip oil market vendors that include Apar Industries Ltd., Behran Oil Co., BP Plc, Castrol Ltd., Chevron Corp., CHS Inc, CITGO Petroleum Corp., Eni SpA, FUCHS PETROLUB SE, Growmark Inc., Hindustan Petroleum Corp. Ltd., Matrix Specialty Lubricants BV, Miguez Fuel and Lubricants, Phillips 66, Pure Lubricants Chennai Pvt. Ltd., Royal Manufacturing Co. LP, Savsol Lubricants , Shell plc, Sinopec Shanghai Petrochemical Co. Ltd., and Valvoline Inc.. Also, the turbine drip oil market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Grade Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Turbine Drip Oil Market 2018 - 2022
Historic Market Size - Data Table on Global Turbine Drip Oil Market 2018 - 2022 ($ million)
4.2 Grade Type segment analysis 2018 - 2022
Historic Market Size - Grade Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Grade Type
6.1 Market segments
Chart on Grade Type - Market share 2023-2028 (%)
Data Table on Grade Type - Market share 2023-2028 (%)
6.2 Comparison by Grade Type
Chart on Comparison by Grade Type
Data Table on Comparison by Grade Type
6.3 Premium - Market size and forecast 2023-2028
Chart on Premium - Market size and forecast 2023-2028 ($ million)
Data Table on Premium - Market size and forecast 2023-2028 ($ million)
Chart on Premium - Year-over-year growth 2023-2028 (%)
Data Table on Premium - Year-over-year growth 2023-2028 (%)
6.4 Traditional - Market size and forecast 2023-2028
Chart on Traditional - Market size and forecast 2023-2028 ($ million)
Data Table on Traditional - Market size and forecast 2023-2028 ($ million)
Chart on Traditional - Year-over-year growth 2023-2028 (%)
Data Table on Traditional - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Grade Type
Market opportunity by Grade Type ($ million)
Data Table on Market opportunity by Grade Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.6 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.10 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.11 Russia - Market size and forecast 2023-2028
Chart on Russia - Market size and forecast 2023-2028 ($ million)
Data Table on Russia - Market size and forecast 2023-2028 ($ million)
Chart on Russia - Year-over-year growth 2023-2028 (%)
Data Table on Russia - Year-over-year growth 2023-2028 (%)
8.12 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Apar Industries Ltd.
Apar Industries Ltd. - Overview
Apar Industries Ltd. - Business segments
Apar Industries Ltd. - Key offerings
Apar Industries Ltd. - Segment focus
11.4 Castrol Ltd.
Castrol Ltd. - Overview
Castrol Ltd. - Product / Service
Castrol Ltd. - Key offerings
11.5 Chevron Corp.
Chevron Corp. - Overview
Chevron Corp. - Business segments
Chevron Corp. - Key news
Chevron Corp. - Key offerings
Chevron Corp. - Segment focus
11.6 CHS Inc
CHS Inc - Overview
CHS Inc - Business segments
CHS Inc - Key offerings
CHS Inc - Segment focus
11.7 CITGO Petroleum Corp.
CITGO Petroleum Corp. - Overview
CITGO Petroleum Corp. - Product / Service
CITGO Petroleum Corp. - Key offerings
11.8 Eni SpA
Eni SpA - Overview
Eni SpA - Business segments
Eni SpA - Key news
Eni SpA - Key offerings
Eni SpA - Segment focus
11.9 FUCHS PETROLUB SE
FUCHS PETROLUB SE - Overview
FUCHS PETROLUB SE - Business segments
FUCHS PETROLUB SE - Key news
FUCHS PETROLUB SE - Key offerings
FUCHS PETROLUB SE - Segment focus
11.10 Hindustan Petroleum Corp. Ltd.
Hindustan Petroleum Corp. Ltd. - Overview
Hindustan Petroleum Corp. Ltd. - Business segments
Hindustan Petroleum Corp. Ltd. - Key news
Hindustan Petroleum Corp. Ltd. - Key offerings
Hindustan Petroleum Corp. Ltd. - Segment focus
11.11 Matrix Specialty Lubricants BV
Matrix Specialty Lubricants BV - Overview
Matrix Specialty Lubricants BV - Product / Service
Matrix Specialty Lubricants BV - Key offerings
11.12 Royal Manufacturing Co. LP
Royal Manufacturing Co. LP - Overview
Royal Manufacturing Co. LP - Product / Service
Royal Manufacturing Co. LP - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Grade Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global Turbine Drip Oil Market 2018 - 2022 ($ million)
Exhibits20: Historic Market Size - Grade Type Segment 2018 - 2022 ($ million)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Grade Type - Market share 2023-2028 (%)
Exhibits31: Data Table on Grade Type - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Grade Type
Exhibits33: Data Table on Comparison by Grade Type
Exhibits34: Chart on Premium - Market size and forecast 2023-2028 ($ million)
Exhibits35: Data Table on Premium - Market size and forecast 2023-2028 ($ million)
Exhibits36: Chart on Premium - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Premium - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Traditional - Market size and forecast 2023-2028 ($ million)
Exhibits39: Data Table on Traditional - Market size and forecast 2023-2028 ($ million)
Exhibits40: Chart on Traditional - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Traditional - Year-over-year growth 2023-2028 (%)
Exhibits42: Market opportunity by Grade Type ($ million)
Exhibits43: Data Table on Market opportunity by Grade Type ($ million)
Exhibits44: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits45: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits46: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits47: Chart on Geographic comparison
Exhibits48: Data Table on Geographic comparison
Exhibits49: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits50: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits51: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits54: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits55: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits58: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits59: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits62: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits63: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits66: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits67: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits70: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits71: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits74: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits75: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits78: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits79: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on Russia - Market size and forecast 2023-2028 ($ million)
Exhibits82: Data Table on Russia - Market size and forecast 2023-2028 ($ million)
Exhibits83: Chart on Russia - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on Russia - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits86: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits87: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits89: Market opportunity By Geographical Landscape ($ million)
Exhibits90: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits91: Impact of drivers and challenges in 2023 and 2028
Exhibits92: Overview on criticality of inputs and factors of differentiation
Exhibits93: Overview on factors of disruption
Exhibits94: Impact of key risks on business
Exhibits95: Companies covered
Exhibits96: Matrix on companies position and classification
Exhibits97: Apar Industries Ltd. - Overview
Exhibits98: Apar Industries Ltd. - Business segments
Exhibits99: Apar Industries Ltd. - Key offerings
Exhibits100: Apar Industries Ltd. - Segment focus
Exhibits101: Castrol Ltd. - Overview
Exhibits102: Castrol Ltd. - Product / Service
Exhibits103: Castrol Ltd. - Key offerings
Exhibits104: Chevron Corp. - Overview
Exhibits105: Chevron Corp. - Business segments
Exhibits106: Chevron Corp. - Key news
Exhibits107: Chevron Corp. - Key offerings
Exhibits108: Chevron Corp. - Segment focus
Exhibits109: CHS Inc - Overview
Exhibits110: CHS Inc - Business segments
Exhibits111: CHS Inc - Key offerings
Exhibits112: CHS Inc - Segment focus
Exhibits113: CITGO Petroleum Corp. - Overview
Exhibits114: CITGO Petroleum Corp. - Product / Service
Exhibits115: CITGO Petroleum Corp. - Key offerings
Exhibits116: Eni SpA - Overview
Exhibits117: Eni SpA - Business segments
Exhibits118: Eni SpA - Key news
Exhibits119: Eni SpA - Key offerings
Exhibits120: Eni SpA - Segment focus
Exhibits121: FUCHS PETROLUB SE - Overview
Exhibits122: FUCHS PETROLUB SE - Business segments
Exhibits123: FUCHS PETROLUB SE - Key news
Exhibits124: FUCHS PETROLUB SE - Key offerings
Exhibits125: FUCHS PETROLUB SE - Segment focus
Exhibits126: Hindustan Petroleum Corp. Ltd. - Overview
Exhibits127: Hindustan Petroleum Corp. Ltd. - Business segments
Exhibits128: Hindustan Petroleum Corp. Ltd. - Key news
Exhibits129: Hindustan Petroleum Corp. Ltd. - Key offerings
Exhibits130: Hindustan Petroleum Corp. Ltd. - Segment focus
Exhibits131: Matrix Specialty Lubricants BV - Overview
Exhibits132: Matrix Specialty Lubricants BV - Product / Service
Exhibits133: Matrix Specialty Lubricants BV - Key offerings
Exhibits134: Royal Manufacturing Co. LP - Overview
Exhibits135: Royal Manufacturing Co. LP - Product / Service
Exhibits136: Royal Manufacturing Co. LP - Key offerings
Exhibits137: Inclusions checklist
Exhibits138: Exclusions checklist
Exhibits139: Currency conversion rates for US$
Exhibits140: Research methodology
Exhibits141: Information sources
Exhibits142: Data validation
Exhibits143: Validation techniques employed for market sizing
Exhibits144: Data synthesis
Exhibits145: 360 degree market analysis
Exhibits146: List of abbreviations

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