Construction Lubricants Market Research Size, Share, Report, Analysis, Trends & Forecast to 2023

1
(No Transcript)
2
Construction Lubricants Market Research Report -
Global Forecast till 2024
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
REQUEST SAMPLE
VIEW REPORTS
3
Construction Lubricants Market - 2023
Global Construction Lubricants Market
by Base Oil (Mineral Oil, Synthetic Oil), Type
(Hydraulic Oil, Gear Oil), Application
(Earthmoving Equipment, Heavy Construction
Vehicle) and Region (Asia-Pacific, North America,
Europe, Latin America and Others) - Forecast till
2024 Market Summary The global demand for
construction lubricants stood at USD 13 billion
in 2018, and the market is poised to exhibit a
CAGR of over 4 during the forecast period,
however, substantial growth is expected from the
developing nations with the growing construction
activities along with the adoption of new
construction techniques. Additionally, the
growing demand for construction equipment along
with increasing adoption of synthetic lubricants
in construction applications is expected to boost
the demand for the product during the forecast
period. Competitive Analysis The key players
operating in the global construction lubricants
market are Exxon Mobil Corporation (US), Phillips
66 Company (US), PetroChina Company Ltd (China),
Fuchs Petrolub SE (Germany), Amsoil Inc (US),
Royal Dutch Shell PLC (the Netherlands),
Valvoline, Inc (US), Clariant (Switzerland),
Calumet Specialty Products Partners, L.P (US),
Chevron Corporation (US), BP PLC (UK), Total
(France), Lukoil (Russia), Petronas (Malaysia),
Yushiro Chemical Industry (Japan), Sinopec
Corporation (China), Morris Lubricants (UK),
Quaker Chemical Corporation (US), Lucas Oil
Products, Inc (US), Rock Valley Oil and Chemical
Co (US), Indian Oil Corporation Limited (India),
and Gulf Oil India (India).
4
Construction Lubricants Market - 2023
Regional Analysis Asia-Pacific accounted for the
largest market share of the global construction
lubricants market in 2017 due to the increasing
infrastructural activities in the developing
economies, such as India and South-East Asian
countries such as Vietnam, Thailand, Malaysia,
and Indonesia. Also, the booming construction
equipment market in the region is expected to
fuel the demand for the product in the
region. North America is also expected to be the
prominent market for construction lubricants,
owing to the expanding construction industry in
the region and increasing mining activities,
especially in Canada. The European market is
expected to witness moderate growth during the
forecast period owing to the increasing
construction activities in the Eastern European
countries. The Middle East Africa market is
expected to grow substantially owing to the
increasing construction activities in the region.
Also, with a proposed investment of USD 2,700
billion across the GCC nations by 2030 is also
expected to contribute to the growth of the
regional market during the forecast period. The
Latin American market is expected to witness
healthy growth during the forecast period owing
to rapid urbanization and industrialization in
the region.
5
Construction Lubricants Market - 2023
Segmentation The global construction lubricants
market has been segmented based on base oil,
type, application, and region. Based on base oil,
the global market has been divided into mineral
oil, synthetic oil, and bio-based oil. By type,
the global market has been classified into
hydraulic oil, engine oil, gear oil, automatic
transmission fluid, compressor oil, grease, and
others. On the basis of application, the global
market has been segregated into earthmoving
equipment, material handling equipment, heavy
construction vehicles, and others. The global
market, by region, has been segmented into North
America, Europe, Asia-Pacific, Latin America, and
the Middle East Africa. Intended
Audience Lubricant producers Construction
lubricants producers Traders and distributors of
construction lubricants Potential investors Raw
material suppliers
6
ABOUT US
MARKET RESEARCH FUTURE At Market Research Future
(MRFR), we enable our customers to unravel the
complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked
Research Reports (HCRR), Raw Research Reports
(3R), Continuous-Feed Research (CFR), and Market
Research Consulting Services. MRFR team have
supreme objective to provide the optimum quality
market research and intelligence services to our
clients. Our market research studies by products,
services, technologies, applications, end users,
and market players for global, regional, and
country level market segments, enable our clients
to see more, know more, and do more, which help
to answer all their most important questions. In
order to stay updated with technology and work
process of the industry, MRFR often plans
conducts meet with the industry experts and
industrial visits for its research analyst
members. For more information kindly visit
www.marketresearchfuture.com or contact us at
info_at_marketresearchfuture.com Copyright 2018
Market Research Future All Rights Reserved. This
document contains highly confidential information
and is the sole property of Market Research
Future. No part of it may be circulated, copied,
quoted, or otherwise reproduced without the
written approval of Market Research Future.
7
(No Transcript)