Global Synthetic Lubricants Market: Latest Trends, Demand and Analysis 2018 – 2025 - PowerPoint PPT Presentation

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Global Synthetic Lubricants Market: Latest Trends, Demand and Analysis 2018 – 2025

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Global Synthetic Lubricants Market Size was USD 4.69 billion in 2017 and is projected to cross USD 6.76 billion by 2025 driven by the growing demand from end-use industries, majorly the tag & label industry. – PowerPoint PPT presentation

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Title: Global Synthetic Lubricants Market: Latest Trends, Demand and Analysis 2018 – 2025


1
Global Synthetic Lubricants Market Size 2017
  • by Type (Polyalphaolefin (PAO), Esters,
    Polyalkylene Glycol (PAG), Application
    (Transmission Fluids, Engine Oils, Metalworking
    Fluids, Heat Transfer Fluids (HTF) and Others),
    Region and Forecast 2018 to 2025, Region and
    Forecast 2018 to 2025

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2
Global Synthetic Lubricants Market Size and
Forecast, 2015-2025
  • The global synthetic lubricants market size is
    provided based on a detailed analysis of the
    penetration of lubricants across the automotive
    sector in different geographies. The global
    synthetic lubricants market analysis is aimed at
    identifying emerging trends and lucrative
    opportunities prevailing in the global market
    along with detailed analysis of the market
    segmentation. Dynamics of automotive and
    manufacturing industries across geographies has
    also been taken into consideration while
    estimating the global synthetic lubricants market
    growth. The global synthetic lubricants market
    also provides a comprehensive competitive
    landscape with a wide analysis of the key
    strategies adopted by industry leaders to
    maintain their market share.
  • Global synthetic lubricants market size is
    projected to be valued USD 6.76 billion by 2025,
    driven by tightening fuel economy and emission
    regulations on automotive engine oils across all
    regions. Thus, automotive manufacturers in
    coordination with lubricant marketers are
    designing tailored products such as new engines,
    powertrains and other equipment which can operate
    at the highest efficiency and improve the vehicle
    lifecycle.
  • Synthetic lubricants are free of impurities and
    exhibit higher viscosity and oxidation stability
    than mineral base oils, thus, improving vehicle
    performance. The sound produced by an engine and
    moving parts of a vehicle are the key challenges
    faced by automotive designers and engineers
    today. Synthetic lubricants are therefore
    utilized to reduce and minimize the sounds,
    vibration, and harshness of vehicle parts and in
    turn, lower the surface wear and tear of
    automotive components.
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/synthetic-lubricants-market

3
Global Synthetic Lubricants Market Size and
Forecast, 2015-2025
  • The global synthetic lubricants market analysis
    defines the presence of the majority of the
    largest revenue generating company involved in
    the value chain, and this is expected to provide
    immense commercial opportunities worldwide.
    Synthetic lubricants primarily find application
    in the automotive industry and are bound to
    benefit from a rebound of the motor vehicle
    production. Also, expanding the availability of
    high-quality feedstock on account of increasing
    investments in the new basestock capacity in
    North America has grabbed the attention of OEMs
    towards the use of high-performance synthetic
    products.
  • Engine oil is projected to be the fastest growing
    segment within the global synthetic lubricants
    market, growing with a volume CAGR of 4.2 during
    the forecast period. Rising sales of automobiles
    especially in emerging economies are expected to
    boost the global synthetic lubricants market
    growth in the coming years.
  • Asian economies have consumed lubricants in
    amounts that have surpassed the North American
    and European economies, a trend that is expected
    to continue at least over the next seven years.
    Installation of new machines and increasing sales
    of branded cars are some of the latest synthetic
    lubricants market trends prevailing in Asia
    Pacific countries. Asia Pacific synthetic
    lubricant market is growing with the fastest
    revenue CAGR of 5.2 from 2018 to 2025. Formation
    of the ASEAN Economic Community appears to act as
    a catalyst for Asia Pacific lubricants market
    since its economic outlook opens up exciting
    opportunities for the market growth. Proposed
    removal of tariffs on vehicles is expected to
    have an immediate and direct impact on the sales
    of the vehicle from international brands. Set up
    of manufacturing facilities in developing
    economies such as Malaysia, Indonesia and
    Thailand will boost the synthetic lubricants
    market demand in both the OEM and aftermarket
    segment.

4
Key segments of the global synthetic lubricants
market
  • Type Overview, 2015-2025 (Kilo Tons, USD Million)
  • PAO
  • Esters
  • PAG
  • Application Overview, 2015-2025 (Kilo Tons, USD
    Million)
  • Engine Oils
  • Heat Transfer Fluids (HTF)
  • Transmission Fluids
  • Metalworking Fluids
  • Others
  • Regional Overview, 2015-2025 (Kilo Tons, USD
    Million) North America, Europe, Asia Pacific,
    Latin America, MEA
  • Purchase a single user copy of the global
    synthetic lubricants market report _at_
    https//www.adroitmarketresearch.com/researchrepor
    t/purchase/759

5
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
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