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  4. > Global Lubricants Market Size, Share, Development, Growth and Demand Forecast to 2020- Industry Insights by Product, by Application

The lubricants market is growing due to growing automotive industry, increased consumer awareness and government regulations regarding lubricants. Lubricants are used in vehicles to reduce friction, which leads to longer lifespan, and reduced wear and tear of the vehicles. The growth of lubricants usage in automotive industry is mainly due to increasing demand for heavy duty vehicles and light passenger vehicles, and increase in average lifespan of the vehicles. As saving the conventional resources and cutting emission and energy became central environmental matters, the lubricants are progressively attracting more consumer awareness.

As the need of enhancing fuel efficiency in vehicles is increasing, the traditional materials have been replaced by synthetic lubricants. The harmful environmental effects are getting reduced, because the consumers have started adopting bio-lubricants, which is resulting in the growth of the market. North America accounted the largest market of bio lubricants during the period 2011-2014, followed by Europe, and is expected to lead the market during the forecasted period 2015-2020.

In 2014, the mineral lubricants accounted for the largest share among all the products of the global lubricants market, and it is expected to grow with a CAGR of 2.7% during the forecast period. Based on application, the automotive segment held the largest market, (22,740.62 Kilo Tons) in 2014, and it is expected to reach 25,347.84 Kilo Tons by 2020, growing with a CAGR of 1.81% during the period 2015-2020.

Government regulations are playing an important role in driving the growth of the market. The regulatory authority of the petroleum industry is with the minister of petroleum industries, but for issuing the license, then there is a need for advice and assistance from Energy Supply Committee’s (ESC). In the global lubricants market, the standards issued by organizations such as Japanese Automobile Standards Organization and American Petroleum Institute govern the quality of lubricants. However, the arrival of hybrid-electric vehicles is restraining the growth of market.

The global lubricants market was valued at $88,230.8 million in 2014, and it is expected to grow with a CAGR of 2.6% during 2015-2020. Geographically, the Asia-Pacific market accounted for the largest share in the global lubricants market in 2014. The greatest future opportunities for lubricants market players are Brazil, China and India. Players in every industry, including energy industry, believe that BRIC (Brazil, Russia, India and China) markets are profitable market to invest, because of rapidly growing economies and increase in direct foreign investment in the countries. The increased car ownerships and rapid development of industrialization in BRIC countries are the major factors driving the growth of the market in these countries.

The key companies operating in the global lubricants market include BP PLC, Chevron Corporation, China Petroleum & Chemical Corporation, Exxon Mobil Corporation, Fuchs Petrolub SE, Idemitsu Kosan Co. Ltd., LUKOIL Oil Company, PetroChina Co. Ltd., Royal Dutch Shell PLC and TOTAL S.A.



Report Coverage

Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis
Identifies the key drivers of growth and challenges of the key industry players. Also, assesses the future impact of the propellants and restraints on the market
Uncovers potential demands in the market
Porter analysis identifies competitive forces within the market
Provides information on the historical and current market size and the future potential of the market
Provides sizes of key regional markets using yardsticks of processes, segments, products, end user and technology, etc (as applicable)
Highlights the competitive scenario of the market, major competitors, market share, benchmarking, investments and merger acquisitions
Provides profiles of major competitors of the market including details of their operations, product and services, recent developments and key financial metrics. Profiles provide better understanding of competition as well as the demands of the market.

Table Of Contents

Global Lubricants Market Size, Share, Development, Growth and Demand Forecast to 2020- Industry Insights by Product, by Application
Chapter 1. Research Scope and Methodology

1.1 Market Definition

1.2 Market Scope

1.2.1 Market breakdown by product

1.2.2 Market breakdown by application

1.2.3 Market breakdown by geography

1.3 Research Methodology and Sources

Chapter 2. Executive Summary

2.1 Key Findings

2.2 Research Summary

Chapter 3. Market Outlook

3.1 Introduction

3.1.1 Value chain analysis

3.2 Trends in the Lubricants Market

3.2.1 Adoption of bio lubricants by the consumers

3.3 Opportunities in the Lubricants Market

3.3.1 BRIC countries will be a lucrative market for the lubricant manufacturers

3.3.2 Regulations provide growth opportunities to lubricants

3.4 Factors Driving the Market and its Impact on Market Forecast

3.4.1 Increasing demand from growing automotive industry

3.4.2 Increased consumer awareness about lubricants

3.4.3 Government regulations regarding lubricants

3.4.4 Impact analysis of drivers on market forecast

3.5 Factors Hindering the Market and its Impact on Market Forecast

3.5.1 Arrival of hybrid-electric vehicles restraining the lubricants market growth

3.5.2 Impact analysis of restraints on market forecast

Chapter 4. Global Market Size and Forecast (2011 - 2020)

4.1 Global Lubricants Market Breakdown by Product

4.1.1 Mineral lubricants

4.1.2 Synthetic lubricants

4.1.3 Bio-based lubricants

4.2 Global Lubricants Market Breakdown by Application

4.2.1 Industrial application

4.2.2 Automotive

4.2.3 Grease

4.2.4 Others

4.3 Global Lubricants Market Breakdown by Region

Chapter 5. Lubricants Market Breakdown by Geography

5.1 North America Lubricants Market

5.1.1 North America lubricants market breakdown by country

5.1.2 North America lubricants market breakdown by product

5.1.3 North America lubricants market breakdown by application

5.2 Europe Lubricants Market

5.2.1 Europe lubricants market breakdown by country

5.2.2 Europe lubricants market breakdown by product

5.2.3 Europe lubricants market breakdown by application

5.3 Asia-Pacific Lubricants Market

5.3.1 Asia-Pacific lubricants market breakdown by country

5.3.2 Asia-Pacific lubricants market breakdown by product

5.3.3 Asia-Pacific lubricants market breakdown by application

5.4 Rest of the World Lubricants Market

5.4.1 Rest of the World lubricants market breakdown by country

5.4.2 Rest of the World lubricants market breakdown by product

5.4.3 Rest of the World lubricants market breakdown by application

Chapter 6. Competitive Analysis

6.1 Porter's Five Forces of Competitive Position Analysis

6.1.1 Bargaining power of buyers

6.1.2 Bargaining power of suppliers

6.1.3 Threat of new entrants

6.1.4 Intensity of rivalry

6.1.5 Threat of substitutes

6.2 Global Lubricants Market Share, By Company

Chapter 7. Company Profiles and Strategic Developments

7.1 Key Company Profiles

7.1.1 BP p.l.c.

7.1.1.1 Business overview

7.1.1.2 Product and service offerings

7.1.2 Chevron Corporation

7.1.2.1 Business overview

7.1.2.2 Product and service offerings

7.1.3 China Petroleum and Chemical Corporation

7.1.3.1 Business overview

7.1.3.2 Product and service offerings

7.1.4 Exxon Mobil Corporation

7.1.4.1 Business overview

7.1.4.2 Product and service offerings

7.1.5 Fuchs Petrolub SE

7.1.5.1 Business overview

7.1.5.2 Product and service offerings

7.1.6 Idemitsu Kosan Co., Ltd.

7.1.6.1 Business overview

7.1.6.2 Product and service offerings

7.1.7 LUKOIL oil company

7.1.7.1 Business overview

7.1.7.2 Product and service offerings

7.1.8 PetroChina Co. Ltd.

7.1.8.1 Business overview

7.1.8.2 Product and service offerings

7.1.9 Royal Dutch Shell plc

7.1.9.1 Business overview

7.1.9.2 Product and service offerings

7.1.10 TOTAL S.A.

7.1.10.1 Business overview

7.1.10.2 Product and service offerings

7.2 Strategic Developments in the Lubricants Market

Chapter 8. Appendix

8.1 List of Abbreviations





LIST OF TABLES

TABLE 1 SPECIFIC PRIMARY AND SECONDARY SOURCES USED FOR THIS PUBLICATION

TABLE 2 MARKET SNAPSHOT (2015 AND 2020)

TABLE 3 DRIVERS FOR THE MARKET: IMPACT ANALYSIS

TABLE 4 RESTRAINTS FOR THE MARKET: IMPACT ANALYSIS

TABLE 5 GLOBAL LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2011-2014)

TABLE 6 GLOBAL LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2015 - 2020)

TABLE 7 GLOBAL LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2011-2014)

TABLE 8 GLOBAL LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2015 - 2020)

TABLE 9 GLOBAL LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2011-2014)

TABLE 10 GLOBAL LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2015 - 2020)

TABLE 11 GLOBAL LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2011-2014)

TABLE 12 GLOBAL LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2015 - 2020)

TABLE 13 GLOBAL LUBRICANTS MARKET BREAKDOWN BY REGION, $M (2011-2014)

TABLE 14 GLOBAL LUBRICANTS MARKET BREAKDOWN BY REGION, $M (2015 - 2020)

TABLE 15 GLOBAL LUBRICANTS MARKET BREAKDOWN BY REGION, KILO TONS (2011-2014)

TABLE 16 GLOBAL LUBRICANTS MARKET BREAKDOWN BY REGION, KILO TONS(2015 - 2020)

TABLE 17 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY COUNTRY, $M (2011-2014)

TABLE 18 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY COUNTRY, $M (2015 - 2020)

TABLE 19 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY COUNTRY, KILO TONS (2011-2014)

TABLE 20 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2015 - 2020)

TABLE 21 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2011-2014)

TABLE 22 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2015 - 2020)

TABLE 23 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2011-2014)

TABLE 24 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2015 - 2020)

TABLE 25 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2011-2014)

TABLE 26 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2015 - 2020)

TABLE 27 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2011-2014)

TABLE 28 NORTH AMERICA LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2015 - 2020)

TABLE 29 EUROPE LUBRICANTS MARKET BREAKDOWN BY COUNTRY, $M (2011-2014)

TABLE 30 EUROPE LUBRICANTS MARKET BREAKDOWN BY COUNTRY, $M (2015 - 2020)

TABLE 31 EUROPE LUBRICANTS MARKET BREAKDOWN BY COUNTRY, KILO TONS (2011-2014)

TABLE 32 EUROPE LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2015 - 2020)

TABLE 33 EUROPE LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2011-2014)

TABLE 34 EUROPE LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2015 - 2020)

TABLE 35 EUROPE LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2011-2014)

TABLE 36 EUROPE LUBRICANTS MARKET BREAKDOWN BY PRODUCT, MILLION TONS (2015 - 2020)

TABLE 37 EUROPE LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2011-2014)

TABLE 38 EUROPE LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2015 - 2020)

TABLE 39 EUROPE LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2011-2014)

TABLE 40 EUROPE LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2015 - 2020)

TABLE 41 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY COUNTRY, $M (2011-2014)

TABLE 42 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY COUNTRY, $M (2015 - 2020)

TABLE 43 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY COUNTRY, KILO TONS (2011-2014)

TABLE 44 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY COUNTRY, KILO TONS (2015 - 2020)

TABLE 45 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2011-2014)

TABLE 46 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2015 - 2020)

TABLE 47 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2011-2014)

TABLE 48 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2015 - 2020)

TABLE 49 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2011-2014)

TABLE 50 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2015 - 2020)

TABLE 51 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2011-2014)

TABLE 52 ASIA-PACIFIC LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2015 - 2020)

TABLE 53 RSET OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY COUNTRY, $M (2011-2014)

TABLE 54 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY COUNTRY, $M (2015 - 2020)

TABLE 55 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY COUNTRY, KILO TONS (2011-2014)

TABLE 56 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY COUNTRY, KILO TONS (2015 - 2020)

TABLE 57 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2011-2014)

TABLE 58 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY PRODUCT, $M (2015 - 2020)

TABLE 59 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2011-2014)

TABLE 60 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY PRODUCT, KILO TONS (2015 - 2020)

TABLE 61 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2011-2014)

TABLE 62 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY APPLICATION, $M (2015 - 2020)

TABLE 63 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2011-2014)

TABLE 64 REST OF THE WORLD LUBRICANTS MARKET BREAKDOWN BY APPLICATION, KILO TONS (2015 - 2020)

TABLE 65 BP P.L.C. - KEY FACTS

TABLE 66 CHEVRON CORPORATION - KEY FACTS

TABLE 67 CHINA PETROLEUM and CHEMICAL CORPORATION - KEY FACTS

TABLE 68 EXXON MOBIL CORPORATION - KEY FACTS

TABLE 69 FUCHS PETROLAB SE - KEY FACTS

TABLE 70 IDEMITSU KOSAN CO., - KEY FACTS

TABLE 71 LUKOIL OIL COMPANY - KEY FACTS

TABLE 72 PETROCHINA CO. LTD. - KEY FACTS

TABLE 73 ROYAL DUTCH SHELL PLC - KEY FACTS

TABLE 74 TOTAL S.A.. - KEY FACTS



LIST OF FIGURES

FIG 1 RESEARCH SCOPE OF GLOBAL LUBRICANTS MARKET

FIG 2 RESEARCH METHODOLOGY FOR GLOBAL LUBRICANTS MARKET

FIG 3 VALUE CHAIN ANALYSIS OF GLOBAL LUBRICANTS MARKET

FIG 4 NORTH AMERICA BIO LUBRICANTS MARKET GROWTH, MILLION KILOGRAMS (2011 - 2020)

FIG 5 EUROPE BIO LUBRICANTS MARKET GROWTH, MILLION KILOGRAMS (2011 - 2020)

FIG 6 GLOBAL AUTOMOTIVE MARKET, MILLION UNITS (2013 - 2018)

FIG 7 GLOBAL HYBRID AUTOMOTIVE MARKET, MILLION UNITS (2013 - 2018)

FIG 8 GLOBAL LUBRICANTS MARKET SIZE, $M (2011 - 2020)

FIG 9 GLOBAL LUBRICANTS MARKET SIZE, KILO TONS (2011 - 2020)

FIG 10 GLOBAL LUBRICANTS MARKET SHARE BY PRODUCT, BASED ON VALUE (2014 AND 2020)

FIG 11 GLOBAL LUBRICANTS MARKET SIZE BY PRODUCT, $M (2011 - 2020)

FIG 12 GLOBAL LUBRICANTS MARKET SHARE BY PRODUCT, BASED ON VOLUME (2014 AND 2020)

FIG 13 GLOBAL LUBRICANTS MARKET SIZE BY PRODUCT, KILO TONS (2011 - 2020)

FIG 14 GLOBAL LUBRICANTS MARKET SHARE BY APPLICATION, BASED ON VALUE (2014 AND 2020)

FIG 15 GLOBAL LUBRICANTS MARKET SIZE BY APPLICATION, $M (2011 - 2020)

FIG 16 GLOBAL LUBRICANTS MARKET SHARE BY APPLICATION, BASED ON VOLUME (2014 AND 2020)

FIG 17 GLOBAL LUBRICANTS MARKET SIZE BY APPLICATION, KILO TONS (2011 - 2020)

FIG 18 GLOBAL LUBRICANTS MARKET SHARE BY REGION, BASED ON VALUE (2014 AND 2020)

FIG 19 GLOBAL LUBRICANTS MARKET SIZE BY REGION, $M (2011 - 2020)

FIG 20 GLOBAL LUBRICANTS MARKET SHARE BY REGION, BASED ON VOLUME (2014 AND 2020)

FIG 21 GLOBAL LUBRICANTS MARKET SIZE BY REGION, KILO TONS (2011 - 2020)

FIG 22 GLOBAL LUBRICANTS MARKET, BY COUNTRY

FIG 23 NORTH AMERICA LUBRICANTS MARKET SHARE, BY COUNTRY, BASED ON VALUE (2014 AND 2020)

FIG 24 NORTH AMERICA LUBRICANTS MARKET SHARE, BY COUNTRY, BASED ON VOLUME (2014 AND 2020)

FIG 25 NORTH AMERICA LUBRICANTS MARKET SHARE, BY PRODUCT, BASED ON VALUE (2014 AND 2020)

FIG 26 NORTH AMERICA LUBRICANTS MARKET SHARE, BY PRODUCT, BASED ON VOLUME (2014 AND 2020)

FIG 27 NORTH AMERICA LUBRICANTS MARKET SHARE, APPLICATION, BASED ON VALUE (2014 AND 2020)

FIG 28 NORTH AMERICA LUBRICANTS MARKET SHARE, APPLICATION, BASED ON VOLUME (2014 AND 2020)

FIG 29 EUROPE LUBRICANTS MARKET SHARE, BY COUNTRY, BASED ON VALUE (2014 AND 2020)

FIG 30 EUROPE LUBRICANTS MARKET SHARE, BY COUNTRY, BASED ON VOLUME (2014 AND 2020)

FIG 31 EUROPE LUBRICANTS MARKET SHARE, BY PRODUCT, BASED ON VALUE (2014 AND 2020)

FIG 32 EUROPE LUBRICANTS MARKET SHARE, BY PRODUCT, BASED ON VOLUME (2014 AND 2020)

FIG 33 EUROPE LUBRICANTS MARKET SHARE, APPLICATION, BASED ON VALUE (2014 AND 2020)

FIG 34 EUROPE LUBRICANTS MARKET SHARE, APPLICATION, BASED ON VOLUME (2014 AND 2020)

FIG 35 ASIA-PACIFIC LUBRICANTS MARKET SHARE, BY COUNTRY, BASED ON VALUE (2014 AND 2020)

FIG 36 ASIA-PACIFIC LUBRICANTS MARKET SHARE, BY COUNTRY, BASED ON VOLUME (2014 AND 2020)

FIG 37 ASIA-PACIFIC LUBRICANTS MARKET SHARE, BY PRODUCT, BASED ON VALUE (2014 AND 2020)

FIG 38 ASIA-PACIFIC LUBRICANTS MARKET SHARE, BY PRODUCT, BASED ON VOLUME (2014 AND 2020)

FIG 39 ASIA-PACIFIC LUBRICANTS MARKET SHARE, APPLICATION, BASED ON VALUE (2014 AND 2020)

FIG 40 ASIA-PACIFIC LUBRICANTS MARKET SHARE, APPLICATION, BASED ON VOLUME (2014 AND 2020)

FIG 41 REST OF THE WORLD LUBRICANTS MARKET SHARE, BY COUNTRY, BASED ON VALUE (2014 AND 2020)

FIG 42 REST OF THE WORLD LUBRICANTS MARKET SHARE, BY COUNTRY, BASED ON VOLUME (2014 AND 2020)

FIG 43 REST OF THE WORLD LUBRICANTS MARKET SHARE, BY PRODUCT, BASED ON VALUE (2014 AND 2020)

FIG 44 REST OF THE WORLD LUBRICANTS MARKET SHARE, BY PRODUCT, BASED ON VOLUME (2014 AND 2020)

FIG 45 REST OF THE WORLD LUBRICANTS MARKET SHARE, APPLICATION, BASED ON VALUE (2014 AND 2020)

FIG 46 REST OF THE WORLD LUBRICANTS MARKET SHARE, APPLICATION, BASED ON VOLUME (2014 AND 2020)

FIG 47 PORTER'S FIVE FORCES OF COMPETITIVE POSITION ANALYSIS

FIG 48 MARKET SHARE OF KEY PLAYERS IN THE GLOBAL LUBRICANTS MARKET (2014)

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