World Lubricating Oils & Greases Markets

World Lubricating Oils & Greases Markets

This report analyzes the worldwide markets for Lubricating Oils & Greases in Millions of Gallons. The major Product segments analyzed are Automotive Lubricants (Engine Oils & Transmission & Hydraulic Fluids), Industrial Lubricants (General Industrial Oils, Industrial Engine Oils, Marine Lubricants, Metal Working Oils, & Process Oils), Synthetic Lubricants, and Greases. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East, and Latin America. Annual forecasts are provided for each region for the period of 2001 through 2015. A ten-year historic analysis is also provided for these markets with annual market analytics. The report profiles 383 companies including many key and niche players worldwide such as BP PLC, BP Lubricants USA, Inc., BP Petco Ltd., Chevron Corporation., Conoco Lubricants, ExxonMobil Corporation., Esso S.A.F., Fuchs Petrolub AG, Idemitsu Kosan Co., Ltd., Indian Oil Corporation Ltd., LUKOIL Oil Company, Nippon Oil Corporation, Petroleos de Venezuela S.A., PT PERTAMINA, PT Wiraswasta Gemilang, Repsol YPF SA, Royal Dutch Shell Plc, SOPUS Products, Sinopec Corporation, Total S.A, and Valvoline. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources.

CONTENTS


I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability And Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Product Segments I-3
Automotive Lubricants I-4
Engine Oil I-4
Transmission & Hydraulic Fluids I-4
Industrial Lubricants I-4
General Industrial Oil I-4
Industrial Engine Oils I-5
Marine Lubricants I-5
Metal Working Oils I-5
Process Oils I-5
Synthetic Lubricants I-5
Greases I-5


II. EXECUTIVE SUMMARY

1. Industry Overview II-1
Lubricating Oil & Grease Industry - A Brief Summary II-1
Table 1: World Lubricants Market (2005): Per Capita
Consumption of Lubricants in Kilogram/Annum (includes
corresponding Graph/Chart) II-1

Table 2: World Grease Market (2005 & 2006): Grease Production
in Million Pounds by Region/Country - North America, China,
Europe, Japan, India, and Others (includes corresponding
Graph/Chart) II-2

Table 3: World Grease Market (2004): Percentage Breakdown of
Volume Production by Type - Lithium Soap Grease, Calcium Soap
Grease, Aluminum Soap Grease, Polyurea, Sodium Soap Grease,
and Other Greases (includes corresponding Graph/Chart) II-2

Table 4: World Lubricating Oils Market (2005 & 2006): Imports
(containing more than 70% by weight petroleum products) in
US$ ‘000 by Select Country - South Africa, Singapore, Egypt,
France, USA, UAE, Malaysia, UK, Kenya, and India (includes
corresponding Graph/Chart) II-2

Table 5: World Lubricating Oils Market (2005 & 2006): Imports
(containing more than 70% by weight petroleum products) in
Tons by Select Country - South Africa, Singapore, Egypt,
UAE, Malaysia, France, India, Kenya, USA, and UK (includes
corresponding Graph/Chart) II-3

Table 6: World Lubricating Grease Market (2005 & 2006):
Imports (containing more than 70% by weight petroleum
products) in US$ ‘000 by Select Country - South Africa,
India, Belgium, USA, and Germany (includes corresponding
Graph/Chart) II-3

Table 7: World Lubricating Grease Market (2005 & 2006):
Imports (containing more than 70% by weight petroleum
products) in Tons by Select Country - South Africa, India,
Belgium, Germany, and USA (includes corresponding
Graph/Chart) II-3
Expansion & Contraction Syndrome II-3
Entry Barriers II-4
The Industry - In Hands of Regulatory Bodies II-4
Industrial Vs Automotive Lubricants II-5
Lubricant Oil Additives - Redefining the Market II-5
Shrinking Appetites for Additives II-5
Outlook II-6
Key Determinants of Base Oil Supply II-6
Table 8: World Lubricants Market (2006-2010): Base Oil
Capacity (in Million Metric Tons) by Type - Group I Base
Oil, Group II Base Oil, and Group III Base Oil (includes
corresponding Graph/Chart) II-7

Table 9: World Lubricants Market (2005, 2010 & 2015):
Percentage Breakdown of Volume Demand for Base Oils by
Category - Group I, Group II/II+, Naphthenic, Group III/GTL,
and Non-Petroleum (includes corresponding Graph/Chart) II-7

Table 10: World Lubricants Market (2005 & 2010): Percentage
Breakdown of Base Oil Volume Demand by Region -
Asia-Pacific, North America, Europe, Latin America, Middle
East, and Others (includes corresponding Graph/Chart) II-8

2. Global Market Analysis II-9
Analysis by Regional II-9
Analysis by Segment II-9

3. Market Trends II-10
Consolidation - A Market Winning Strategy II-10
Asia-Pacific and Latin America: High Potential Markets II-10
Asia-Pacific II-10
Central & South America II-10
Do-It-For-Me Against Do-It-Yourself II-10
Self-Lubricating Systems - Threat to Conventional Lubricating
Oils and Greases II-11
Unconventional Oils - Making Significant In-Roads II-11
Synthetic Lubricants II-11
Biodegradable Lubricants - A New Technology Trend II-11
Advantages II-12
Limitations II-12
Recycling - Making a Killing Over Virgin Oils II-12
Other Factors Affecting Consumption II-13
Synthetic Oils: Growth Hinges Upon Consumer Education II-13
Online Sales - The New Frontier for Lubricants Industry II-13

4. Competitive Structure II-14
Geographic Thrust II-14
Table 11: Leading Players in the Global Lubricants Market
(2006): Percentage Breakdown of Volume Sales for Shell,
ExxonMobil, BP, Chevron, PetroChina, Total, Sinopec, Lukoil,
and Others (includes corresponding Graph/Chart) II-14

Table 12: Leading Players in the Global Lubricants Market
(2006): Percentage Breakdown of Dollar Sales for Exxon Mobil,
Shell, BP, Chevron, ConocoPhillips, PetroChina, Lubrizol and
Others (includes corresponding Graph/Chart) II-14
Regional Players Ruling the Roost II-15
Competitive Analysis of Specific Geographic Regions II-15
Competitive Factors II-15
Pricing II-15
Lube World - Where Reducing Prices Might Boomerang II-15
Consumer Behavior Towards Pricing II-16
Too Many Brands in the Market Pressurize Distributors and
Retailers II-16
Brand Equity and Marketing Philosophy II-16
Distribution Network Plays a Pivotal Role II-16
Product Differentiation - Value of the Brand II-17
Service Differentiation II-17
Corporate Philosophy II-17
Specific Competitive Strategies for Greasing Success II-17
Myths & Realities of Lube Industry II-18
Size does Matter II-18
Myth II-18
Reality II-18
Competitive Pressures II-18
Myth II-18
Reality II-18
Unsustainable Market Share II-18
Myth II-18
Reality II-19
A Historic Review II-19
Industry Composition in the 1990s II-19
Automotive II-19
Industrial II-20
Marine Lubricants II-20
Table 13: Top of the Mind Share for Castrol Brand Worldwide
- Mid 90s (includes corresponding Graph/Chart) II-20

5. Product Overview II-21
Composition of Lubricants II-21
Base stock II-21
An Insight into Select Type of Base Oils and their
Characteristics II-22
Additives II-22
A Peek into the Classification of Additives Based on
Functionality II-22
Additives Generally Used in Lubricants II-23
Functions of Lubricant Oils II-23
Important Terminology Used in Lubricating Oils and Greases
Industry II-23
Classification of Lubricating Oils and Greases II-24
Automotive Lubricants II-24
Specifications, Testing, and Legislative Directions for
Lubricants II-25
API - Classification of Base Oils II-25
Classification of Automotive Oils II-25
Engine Oil II-25
Transmission & Hydraulic Fluids II-25
Industrial Lubricants II-26
Advantages Offered by Lubricants in Industrial Applications II-26
Types of Industrial Fluids II-26
Micro-dispersions II-26
Fluid Lubricants II-27
Solid Lubricants II-27
EP Lubricants II-27
Composition of Industrial Lubricants II-27
Classification of Industrial Lubricants II-27
General Industrial Oil II-27
Hydraulic Oil II-27
Classification of Hydraulic Oils Based on Performance
Level (As per ISO6743/4 Specifications) II-28
Fire Resistant Fluids II-28
Industrial Gear Oil II-29
AGMA Numbering System for Gear Oil II-29
Others II-29
Industrial Engine Oils II-29
Marine Lubricants II-29
Metalworking Fluids II-30
Classes of Metalworking fluid II-30
Straight Oil II-30
Soluble Oils II-30
Semi-Synthetic Fluids II-30
Synthetic Fluids II-30
Process Oils II-30
Electrical Oils II-30
Functions of Electrical Oils II-30
The Regulatory Authorities Involved II-31
White Oils II-31
Ink Oils II-31
Synthetic Oils II-31
Medical Devices - A Highly Specialized Application for
Synthetic Lubricants II-31
Advantages of Synthetic Lubricants II-32
Synthetic Lubricant Industry II-32
Tier - I II-32
Tier - II II-32
Tier - III II-32
Greases II-33
Composition of Greases II-33
Classification of Greases by National Lubricating Grease
Institute (NLGI) II-34

6. End-Use Analysis II-35
Retail and Commercial Market II-35
Retail II-35
Commercial II-35
Industrial Market II-35
Factory Fill - An Important Distribution Channel II-36
Storage of Lubricants in Industrial Environment - A Crucial
Factor II-36
Marine and Railroad II-36

7. Consumption Patterns in Lubricants Industry II-37
Lubricants Industry Vs Economy - Missing Positive Correlation II-37
Drift in Industrial Activity Towards Non-Manufacturing Sectors II-37
Technology Impacting the Industry II-37
Lower Crankcase Capacities II-37
Tighter Engine Designs - Tightening the Grip Over Lubes Usage II-37
Drain Intervals - Draining the Prospects for Lubes II-38

8. Technological Trends II-39
New Technologies: Making Significant In-Roads II-39
Chevron’s Gusher Technology Sets the Tone for Lubricant Markets II-39
Chevron’s Isomerization Process for Motor Oils II-39
Substitutes II-39
Niod-2: Anti-Friction Powder II-39
Lubricating Oil from Rice Bran Oil II-39
DuPont’s Soybean Based Hydraulic Fluids II-40
Recycling Lubes: Undoing the Done II-40
Oil Refresher Model 1 System - A Novel Way to Recycle Waste Oil II-40
CANPED - An Advanced Recycling Technology for Waste
Lubricating Oils II-41
Firebird’s Recycling Process for Waste Oils II-41
Greenways Recycling System II-41

9. Product Innovations/Introductions II-42
Total Introduces New 'Heewaal' Lubricant II-42
Aegean Introduces New Lubricant Line II-42
AMC Introduces Biodegradable Hammer Oil II-42
Petronas Forays into Japanese Lubricants Market II-42
Conoil Launches New Lubricant, Quatro Gazol II-43
Shell Malaysia Launches Helix Lubricants II-43
Federal-Mogul Corporation Introduces a New Line of Additives
and Lubricants II-43
Anderol Launches FG Excel™ II-44
ExxonMobil Aviation Lubricants Introduces Mobilgrease 33 II-44
Indian Oil Ties Up with HMT to Introduce Co-Branded Lubricant II-44
Shell Introduces New Diesel Engine Oil II-44
Castrol India Unveils Magnatec II-45
ExxonMobil Introduces Pegasus 1005 II-45
ExxonMobil Launches Mobil 1 High Mileage II-45
Anderol Launches ROYCO 800 Series Lubricants II-45
Shell Introduces New Synthetic Grease, Shell Stamina HDS II-46
Kluber Lubrication Introduces Kluberfood NH1 87-703 Hygienic
Grease II-46
Old World Launches New Line of PEAK Lubricants II-46
ITW ROCOL Introduces Accu-Lube LB-2000FM II-46
Nanochem to Introduce NANOIL™ II-46
Shell Lubricants Introduces Shell Cassida Fluid GLE II-47
Petro-Canada Launches Purity FG with Microl II-47
Castrol to Launch New CJ-4 Lubricants II-47
ExxonMobil to Launch Mobil Delvac 1300 Super 15W-40 Formulation II-47
Total Uganda Introduces New Diesel Engine Oil II-48
ExxonMobil Launches New Turbine Lubricant II-48
Petron Unveils Lubricants in Cambodia II-48
Castrol India Launches EDGE II-48
Hindustan Petroleum Unveils Milcy Turbo Lubricant II-49
ExxonMobil Launches Mobilgear 600 XP Series for Industrial
Gearboxes II-49
BP Launches New Castrol Tection Extra II-49
BP Launches New Castrol Hypuron™ II-49
Federal Process Corporation Rolls Out Lube-it All® II-50
Kluber Launches STABURAGS® Greases Line II-50
Shell Introduces Tellus T and Tellus STX Hydraulic Oils II-50
Castrol Rolls Out Enhanced Version of Magnaglide D II-51
Lubrizol Releases New Additives in Lubrizol 30000 Series II-51
TVS Motor Offers Engine Oil for Four-stroke Two-wheelers II-51
SKF Develops Solid Oil Technology for Lubricants II-51
PT Castrol Indonesia Unveils 4T Lubricant Oil II-51
Dow Corning Rolls Out Molykote™ Bearing Grease II-52
Rotary Lubrication Releases New Line of Lubricants II-52
BP Lubricants Americas Launches Castrol Pyroplex Protection ES II-52
Citgo Releases OverDrive HD Grease II-52
ExxonMobil Introduces Mobilgrease FM 220 II-52
Afton Chemical Launches Tractor Hydraulic Fluid Additive II-53

10. Recent Industry Activity II-54
IOC Receives License to Produce Lubricants in Sri Lanka II-54
IFT Signs Agreement with Nulon II-54
Lubrizol to Set Up Manufacturing Facility in Shanghai II-54
Petronas Ties Up with FL Selenia II-54
SK Engineering Bags Contract to Build Lube-oil Plant II-54
China National Offshore Oil to Launch Several Projects in
Guangdong Province II-55
Shell to Set Up a Lubricant Blending Facility in Zhuhai II-55
Napocor Signs Contract with Pilipinas Shell II-55
Idemitsu to Increase the Capacity of the Tianjin Plant II-55
Shell Increases Capacity of Plants in Thailand II-56
Gazprom Neft Establishes Gazpromneft Marine Bunker II-56
Jadwa to Acquire 30% Stake in Luberef II-56
Lubrizol Acquires Refrigeration Lubricant Business of Croda II-56
Agecom to Expand Production Capacity of Ipero Plant II-57
Chemtura Acquires Kaufman Holdings II-57
Petronas to Acquire FL Selenia II-57
Nippon Oil to Collaborate with SK Corp II-57
ExxonMobil Enhances SpectraSyn™ Polyalphaolefins Production II-58
Petroplus to Acquire Two Refineries in France II-58
PetroLiance Takes Over AV Lubricants II-58
Advance Petroleum Services Acquires Petrolube II-58
CHS Acquires Liquid Lubricants Business of Nor-Lakes and
Farm-Oyl II-58
Fuchs Petrolub Acquires Two Businesses in Brazil II-59
IEAM Takes Over Hi-Tach Oil II-59
Petrobras and its Partners Acquire Ipiranga Group II-59
Haas TCM Acquires Kemfast Aerospace II-59
United Fuel to Acquire Reamax Oil II-60
EMTA Holdings Acquires Automotive Lubricant Manufacturer II-60
Maxum Takes Over Distribution Company and Blending Plant II-60
McPherson Acquires BP’s Lubricants Distribution Facility II-61
Telko Acquires Molub-Alloy II-61
Bharat Petroleum to Divest 49% Stake in Bharat Shell II-61
Martin Acquires Mega Lubricants II-61
Lubrizol Acquires the Metalworking Additive Portfolio of
Lockhart II-62
Shell to Increase its Lubricant Blending Capacity in Singapore II-62
Universal Lubricants Joins Hands with Sepahan Oil II-62
Nippon Oil Signs Distribution Agreement with Chrysan Industries II-62
Kaman Inks Distribution Agreement with Klüber II-63
Shell Augments Lubricating Oil and Grease Production Capacity
in Thailand II-63
Yushiro Chemical to Establish New Metalworking Oil Plant in
China II-63
Motul Buys 30% Share in Vietnam Lubricants II-63
ENI to Enter Indian Lubricant Market with Technology Transfer
Agreement II-63
Lanxess Chemicals Constructs Lubricant Additives Facility in
China II-64
OAO LukOil Signs Technology and Supply Agreement with OOO Gaz
Group II-64
Punjab Tractors Limited Enters into Joint Venture with Veedol II-64
Clyvia Technology Signs Processing Agreement with Heitzer
Tankschutz & Mineralole II-64
Shell China Forms Alliance with Chongqing Chang' an Suzuki II-64
Savita Chemicals Inks Agreements with Idemitsu II-64
Shougang Signs Agreement with Sinopec and PetroChina II-64
Nippon Commences Lube Production in Guangzhou II-65
Sah Petroleums to Increase the Blending Capacity of
Industrial Lubricant II-65
Idemitsu Kosan Establishes a Subsidiary in India II-65
Petronas Penapisan to Build Oil Refinery in Malaysia II-65
Shell Acquires 75% Stake in Tongyi II-65
BG Products to Expand Operations in El Dorado II-66
Turcas Signs Agreement with Shell to Form a Joint Venture II-66
Indian Oil and Gabriel India to Market Co-Branded Oil II-66
ExxonMobil Signs Agreements to Expand Distribution Network II-66
OOO LLK-International and OAO Naftan Forms Joint Venture II-67
Indian Oil Inks Agreement with Timken II-67
Tri-Country Acquires Thomas Oil II-67
Growmark Completes the Acquisition of McCollister II-67
SPI Completes the Acquisition of McLain II-68
Hollingsworth Acquires Shell’s Lubricant Distribution Center
in Tennessee II-68
Atlantis Acquires Automotive Chemicals and Lubricant Business
of Daks Industries II-68
Industrial Enterprises Acquires Pitt Penn II-68
Shell to Acquire Croda’s Rolling Fluid and Production
Engineering Operations II-69
GoldenWest Acquires Prolong II-69
Graco Completes Acquisition of Lubriquip II-69
Valvoline Acquires Buis Oil II-69
SKF Completes Acquisition of Crane Lubrication Systems II-70
ExxonMobil Distributors Merge to Form PetroLiance II-70
ExxonMobil Plans to Divest Interests in Lubricants Businesses
in Africa II-70
United Fuel Acquires Ackerly Oil II-71
Gramercy Advisors Acquires Stake in Prista Oil II-71
SPI Petroleum Acquires Canyon State Oil II-71
Omni Alliance Takes Over EMTA II-71
Greif Takes Over Delta Petroleum II-71
Panama Petrochem Signs Agreement with Petronas II-71
Total France Acquires Shell’s Pacific Operations II-71
Pinnacle Oil Signs Agreement with Marathon Oil II-72
Schwing Stetter India Enters into Agreement with Bharat Shell II-72
OAO LukOil Signs Agreement with OAO Avtovaz II-72
Uniqema Acquires BP’s Icematic Refrigeration Lubricants
Product Portfolio II-72
AXEL Acquires Christol Grease Through Share Purchase Agreement II-72
Bharat Petroleum Corp. Set Up Base Oil Plant II-72
Pinnacle Oil Creates New Subsidiary II-72
Cognis Starts Polyol Ester Refrigeration Lubricants
Production Plant II-72
Valvoline Opens First Instant Oil Change Outlet in China II-73
Shell Divests Oil Business in French Guyana and Antilles II-73
LUKOIL-AERO Acquires Fuel Service Complex II-73
Indian Oil and Ashok Leyland Enter into a Contract II-73
Lukoil Acquires Oy Teboil and Suomen Petrooli II-74
Total and Lubrifin Form Joint Venture II-74
BP Amoco and ExxonMobil to Demerge Mobil-BP Amoco Joint Venture II-74
Green Star Products Enters into Joint Venture with NRG Resources II-74
Sotrans Expands Production Capacity II-74

11. Focus on Select Global Players II-75
BP Plc (UK) II-75
BP Lubricants USA, Inc. (USA) II-75
BP Petco Ltd. (Vietnam) II-75
Chevron Corporation (USA) II-75
Conoco Lubricants (USA) II-76
ExxonMobil Corporation (USA) II-76
Esso S.A.F. (France) II-76
Fuchs Petrolub AG (Germany) II-76
Idemitsu Kosan Co., Ltd. (Japan) II-76
Indian Oil Corporation Ltd. (India) II-77
LUKOIL Oil Company (Russia) II-77
Nippon Oil Corporation (Japan) II-77
Petróleos de Venezuela S.A. (PDVSA) (Venezuela) II-77
PT PERTAMINA (PERSERO) (Indonesia) II-77
PT Wiraswasta Gemilang (Indonesia) II-78
Repsol YPF SA (Spain) II-78
Royal Dutch Shell Plc (The Netherlands) II-78
SOPUS Products (USA) II-78
Sinopec Corporation (China) II-78
Total S.A (France) II-78
Valvoline (USA) II-79

12. Global Market Perspective II-80
Table 14: World Recent Past, Current & Future Analysis for
Lubricating Oils & Greases by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-80

Table 15: World Long-term Projections for Lubricating Oils &
Greases by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-81

Table 16: World Historic Review for Lubricating Oils &
Greases by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 1991 through 2000
(includes corresponding Graph/Chart) II-82

Table 17: World 20-Year Perspective for Lubricating Oils &
Greases by Geographic Region - Percentage Breakdown of Volume
Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets for Years
1991, 1997, 2007 & 2010 (includes corresponding Graph/Chart) II-83

Table 18: World Recent Past, Current & Future Analysis for
Automotive Lubricants by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-84

Table 19: World Long-term Projections for Automotive
Lubricants by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-85

Table 20: World Historic Review for Automotive Lubricants by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-86

Table 21: World Recent Past, Current & Future Analysis for
Automotive Lubricants by Product Segment - Engine Oils, and
Transmission & Hydraulic Fluids Markets Independently Analyzed
with Annual Sales Figures in Million Gallons for Years 2001
through 2010 (includes corresponding Graph/Chart) II-87

Table 22: World Recent Past, Current & Future Analysis for
Automotive Lubricants by Product Segment - Engine Oils, and
Transmission & Hydraulic Fluids Markets Independently Analyzed
with Annual Sales Figures in Million Gallons for Years 2001
through 2010 (includes corresponding Graph/Chart) II-87

Table 23: World Historic Review for Automotive Lubricants by
Product Segment - Engine Oils, and Transmission & Hydraulic
Fluids Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 1991 through 2000
(includes corresponding Graph/Chart) II-88

Table 24: World 20-Year Perspective for Automotive Lubricants
by Geographic Region - Percentage Breakdown of Volume Sales
for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets for Years
1991, 1997, 2007 & 2010 (includes corresponding Graph/Chart) II-89

Table 25: World 20-Year Perspective for Automotive Lubricants
by Product Segment - Percentage Breakdown of Volume Sales for
Engine Oils, and Transmission & Hydraulic Fluids Markets for
Years 1991, 1997, 2007 & 2010 II-89

Table 26: World Recent Past, Current & Future Analysis for
Engine Oils by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-90

Table 27: World Long-term Projections for Engine Oils by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-91

Table 28: World Historic Review for Engine Oils by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets Independently
Analyzed with Annual Sales Figures in Million Gallons for
Years 1991 through 2000 (includes corresponding Graph/Chart) II-92

Table 29: World 20-Year Perspective for Engine Oils by
Geographic Region - Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin American Markets for Years 1991, 1997,
2007 & 2010 (includes corresponding Graph/Chart) II-93

Table 30: World Recent Past, Current & Future Analysis for
Transmission & Hydraulic Fluids by Geographic Region - USA,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East, and Latin American Markets Independently Analyzed with
Annual Sales Figures in Million Gallons for Years 2001
through 2010 (includes corresponding Graph/Chart) II-94

Table 31: World Long-term Projections for Transmission &
Hydraulic Fluids by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and
Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-95

Table 32: World Historic Review for Transmission & Hydraulic
Fluids by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 1991 through 2000
(includes corresponding Graph/Chart) II-96

Table 33: World 20-Year Perspective for Transmission &
Hydraulic Fluids by Geographic Region - Percentage Breakdown
of Volume Sales for USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets for
Years 1991, 1997, 2007 & 2010 (includes corresponding
Graph/Chart) II-97

Table 34: World Recent Past, Current & Future Analysis for
Industrial Lubricants by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-98

Table 35: World Long-term Projections for Industrial
Lubricants by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-99

Table 36: World Historic Review for Industrial Lubricants by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-100

Table 37: World Recent Past, Current & Future Analysis for
Industrial Lubricants by Product Segment - General Industrial
Oils, Industrial Engine Oils, Marine Lubricants, Metal Working
Oils, and Process Oil Markets Independently Analyzed with
Annual Sales Figures in Million Gallons for Years 2001
through 2010 (includes corresponding Graph/Chart) II-101

Table 38: World Long-term Projections for Industrial
Lubricants by Product Segment - General Industrial Oils,
Industrial Engine Oils, Marine Lubricants, Metal Working Oils,
and Process Oil Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-102

Table 39: World Historic Review for Industrial Lubricants by
Product Segment - General Industrial Oils, Industrial Engine
Oils, Marine Lubricants, Metal Working Oils, and Process Oil
Markets Independently Analyzed with Annual Sales Figures in
Million Gallons for Years 1991 through 2000 (includes
corresponding Graph/Chart) II-103

Table 40: World 20-Year Perspective for Industrial Lubricants
by Geographic Region - Percentage Breakdown of Volume Sales
for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets for Years
1991, 1997, 2007 & 2010 (includes corresponding Graph/Chart) II-104

Table 41: World 20-Year Perspective for Industrial Lubricants
by Product Segment - Percentage Breakdown of Volume Sales for
General Industrial Oils, Industrial Engine Oils, Marine
Lubricants, Metal Working Oils, and Process Oil Markets for
Years 1991, 1997, 2007 & 2010 (includes corresponding
Graph/Chart) II-105

Table 42: World Recent Past, Current & Future Analysis for
General Industrial Oils by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-106

Table 43: World Long-term Projections for General Industrial
Oils by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-107

Table 44: World Historic Review for General Industrial Oils by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-108

Table 45: World 20-Year Perspective for General Industrial
Oils by Geographic Region - Percentage Breakdown of Volume
Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets for Years
1991, 1997, 2007 & 2010 (includes corresponding Graph/Chart) II-109

Table 46: World Recent Past, Current & Future Analysis for
Industrial Engine Oils by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-110

Table 47: World Long-term Projections for Industrial Engine
Oils by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-111

Table 48: World Historic Review for Industrial Engine Oils by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-112

Table 49: World 20-Year Perspective for Industrial Engine
Oils by Geographic Region - Percentage Breakdown of Volume
Sales for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets for Years
1991, 1997, 2007 & 2010 (includes corresponding Graph/Chart) II-113

Table 50: World Recent Past, Current & Future Analysis for
Marine Lubricants by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and
Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-114

Table 51: World Long-term Projections for Marine Lubricants by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-115

Table 52: World Historic Review for Marine Lubricants by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-116

Table 53: World 20-Year Perspective for Marine Lubricants by
Geographic Region - Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin American Markets for Years 1991, 1997,
2007 & 2010 (includes corresponding Graph/Chart) II-117

Table 54: World Recent Past, Current & Future Analysis for
Metal Working Oils by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and
Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-118

Table 55: World Long-term Projections for Metal Working Oils
by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-119

Table 56: World Historic Review for Metal Working Oils by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-120

Table 57: World 20-Year Perspective for Metal Working Oils by
Geographic Region - Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin American Markets for Years 1991, 1997,
2007 & 2010 (includes corresponding Graph/Chart) II-121

Table 58: World Recent Past, Current & Future Analysis for
Process Oils by Geographic Region - USA, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East, and
Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-122

Table 59: World Long-term Projections for Process Oils by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 2011 through 2015 (includes corresponding
Graph/Chart) II-123

Table 60: World Historic Review for Process Oils by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets Independently
Analyzed with Annual Sales Figures in Million Gallons for
Years 1991 through 2000 (includes corresponding Graph/Chart) II-124

Table 61: World 20-Year Perspective for Process Oils by
Geographic Region - Percentage Breakdown of Volume Sales for
USA, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East, and Latin American Markets for Years 1991, 1997,
2007 & 2010 (includes corresponding Graph/Chart) II-125

Table 62: World Recent Past, Current & Future Analysis for
Synthetic Lubricants by Geographic Region - USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East, &
Latin American Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-126

Table 63: World Long-term Projections for Synthetic
Lubricants by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 2011 through 2015
(includes corresponding Graph/Chart) II-127

Table 64: World Historic Review for Synthetic Lubricants by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 1991 through 2000 (includes corresponding
Graph/Chart) II-128

Table 65: World 20-Year Perspective for Synthetic Lubricants
by Geographic Region - Percentage Breakdown of Volume Sales
for USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets for Years
1991, 1997, 2007 & 2010 (includes corresponding Graph/Chart) II-129

Table 66: World Recent Past, Current & Future Analysis for
Greases by Geographic Region - USA, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Middle East, and Latin
American Markets Independently Analyzed with Annual Sales
Figures in Million Gallons for Years 2001 through 2010
(includes corresponding Graph/Chart) II-130

Table 67: World Long-term Projections for Greases by
Geographic Region - USA, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East, and Latin American Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 2011 (includes corresponding Graph/Chart) II-131

Table 68: World Historic Review for Greases by Geographic
Region - USA, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Middle East, and Latin American Markets Independently
Analyzed with Annual Sales Figures in Million Gallons for
Years 1991 through 2000 (includes corresponding Graph/Chart) II-132

Table 69: World 20-Year Perspective for Greases by Geographic
Region - Percentage Breakdown of Volume Sales for USA, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Middle East,
and Latin American Markets for Years 1991, 1997, 2007 & 2010
(includes corresponding Graph/Chart) II-133


III. MARKET

1. The United States III-1
A.Market Analysis III-1
Current and Future Analysis III-1
Market Overview III-1
Table 70: Leading Players in the US Finished Lubricants
Market (2005): Percentage Breakdown of Value Sales for
Shell, ExxonMobil, Chevron, BP, CITGO, ConocoPhillips,
Ashland, and Others (includes corresponding Graph/Chart) III-1

Table 71: Leading Motor Oil Brands in the US (2004 &
2005): Percentage Breakdown of Value Sales for Pennzoil,
Quaker State, Castrol, Valvoline, ExxonMobil, Shell, and
Others (includes corresponding Graph/Chart) III-2
Distribution Channels III-2
Environmental Concerns - Ups the Stake of Vegetable Oils in
Lubricants III-3
Factors Affecting Industrial Lubricants Market III-3
Key Statistics III-4
Table 72: Lube Market in the US (2000-2007): Lubricants
Supplied, Imported, Exported, and Produced in Thousand
Barrels (includes corresponding Graph/Chart) III-4

Table 73: Lubricating Preparations Market in the US
(2004-2006): Exports (with 70% or more petroleum oils, for
automotive and other uses) in US$ Million by Select Country
- Indonesia, Canada, Mexico, China, Germany, Singapore,
Japan, South Korea, Hong Kong, and Taiwan (includes
corresponding Graph/Chart) III-4

Table 74: Lubricating Preparations Market in the US
(2004-2006): Exports (without petroleum oils, for
automotive and other uses) in US$ Million by Select Country
- Canada, Mexico, China, Netherlands, Singapore, Belgium,
Japan, Australia, Germany, and Hong Kong (includes
corresponding Graph/Chart) III-5

Table 75: Lubricating Preparations Market in the US
(2004-2006): Imports (with 70% or more petroleum oils, for
automotive and other uses) in US$ Million by Select Country
- Canada, Germany, UK, Japan, France, Mexico, Italy, Spain,
Belgium, and Switzerland (includes corresponding
Graph/Chart) III-6

Table 76: Lubricating Preparations Market in the US
(2004-2006): Imports (without petroleum oils, for
automotive and other uses) in US$ Million by Select Country
- France, Germany, Japan, Canada, Italy, UK, Netherlands,
Belgium, Switzerland, and Mexico (includes corresponding
Graph/Chart) III-7
Table 77: Yellow Grease Market in the US (2003-2006):
Exports in Metric Tons (includes corresponding Graph/
Chart) III-7
Product Launches/Developments III-8
Strategic Corporate Developments III-9
Key Players III-15
BP Lubricants USA, Inc. III-15
Chevron Corporation III-16
Conoco Lubricants III-16
ExxonMobil Corporation III-16
SOPUS Products III-16
Valvoline III-16
B. Market Analysis III-17
Table 78: US Recent Past, Current & Future Analysis for
Lubricating Oils & Greases by Product Group/ Segment -
Automotive Lubricants {Engine Oils [Monograded,
Multigraded], Transmission & Hydraulic Fluids [Automatic
Transmission Fluids, Universal Tractors (Hydraulic/
Transmission), Energy/Shock Absorbers, Power Steering,
Automotive Gear Oils, and Others]}, Industrial Lubricants
{General Industrial Oils [Hydraulic Oils, Fire-Resistant
Oils, Industrial Gear Oils, and Others], Industrial Engine
Oils [Railroad Diesel and Natural Gas], Marine Lubricants,
Metal Working Oils, and Process Oils}, Synthetic Lubricants,
and Greases Markets Independently Analyzed with Annual
Sales Figures in Million Gallons for Years 2001 through
2010 (includes corresponding Graph/Chart) III-17

Table 79: US Long-term Projections for Lubricating Oils &
Greases by Product Group/Segment - Automotive Lubricants
{Engine Oils [Monograded, Multigraded], Transmission &
Hydraulic Fluids [Automatic Transmission Fluids, Universal
Tractors (Hydraulic/ Transmission), Energy/Shock Absorbers,
Power Steering, Automotive Gear Oils, and Others]},
Industrial Lubricants {General Industrial Oils [Hydraulic
Oils, Fire-Resistant Oils, Industrial Gear Oils, and
Others], Industrial Engine Oils [Railroad Diesel and Natural
Gas], Marine Lubricants, Metal Working Oils, and Process
Oils}, Synthetic Lubricants, and Greases Markets
Independently Analyzed with Annual Sales Figures in Million
Gallons for Years 2011 through 2015 (includes corresponding
Graph/Chart) III-18

Table 80: US Historic Review for Lubricating Oils & Greases
by Product Group/Segment - Automotive Lubricants {Engine
Oils [Monograded, Multigraded], Transmission & Hydraulic
Fluids [Automatic Transmission Fluids, Universal Tractors
(Hydraulic/ Transmission), Energy/Shock Absorbers, Power
Steering, Automotive Gear Oils, and Others]}, Industrial
Lubricants {General Industrial Oils [Hydraulic Oils,
Fire-Resistant Oils, Industrial Gear Oils, and Others],
Industrial Engine Oils [Railroad Diesel and Natural Gas],
Marine Lubricants, Metal Working Oils, and Process Oils},
Synthetic Lubricants, and Greases Markets Independently
Analyzed with Annual Sales Figures in Million Gallons for
Years 1991 through 2000 (includes corresponding
Graph/Chart) III-19

Table 81: US 20-Year Perspective for Lubricating Oils &
Greases by Product Group/Segment - Percentage Breakdown of
Volume Sales for Automotive Lubricants {Engine Oils
[Monograded, Multigraded], Transmission & Hydraulic Fluids
[Automatic Transmission Fluids, Universal Tractors
(Hydraulic/ Transmission), Energy/Shock Absorbers, Power
Steering, Automotive Gear Oils, and Others]}, Industrial
Lubricants {General Industrial Oils [Hydraulic Oils,
Fire-Resistant Oils, Industrial Gear Oils, and Others],
Industrial Engine Oils [Railroad Diesel and Natural Gas],
Marine Lubricants, Metal Working Oils, and Process Oils},
Synthetic Lubricants, and Greases Markets for Years 1991,
1997, 2007 & 2010 (includes corresponding Graph/Chart) III-20

2. Canada III-21
A.Market Analysis III-21
Current and Future Analysis III-21
Export-Import Scenario III-21
Table 82: Lubricating Preparations Market in Canada
(2004-2006): Exports (without petroleum oils, for
automotive and other uses) in US$ ‘000 by Select Country -
USA, UK, Australia, China, Thailand, Chile, Singapore,
Japan, Cuba, and Mexico (includes corresponding
Graph/Chart) III-21

Table 83: Lubricating Preparations Market in Canada
(2004-2006): Exports (with 70% or more petroleum oils, for
automotive and other uses) in US$ ‘000 by Select Country -
USA, Thailand, Poland, Sweden, Australia, UAE, Singapore,
Finland, Brazil, and Russia III-22

Table 84: Lubricating Preparations Market in Canada
(2004-2006): Imports (without petroleum oils, for
automotive and other uses) in US$ ‘000 by Select Country -
USA, Germany, UK, Belgium, France, Switzerland, Japan,
Australi