MRO Magazine

Research and Markets: Asia-Pacific Lubricants (Mineral Oil Lubricants, Synthetic Lubricants, Bio-Based Lubricants, Greases) Market 2015 – Trends & Forecast to 2020


December 9, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/jsgfz3/asiapacific) has announced the addition of the “Asia-Pacific Lubricants Market 2015 – Trends & Forecast to 2020” report to their offering.

The Asia-Pacific lubricants market has been analyzed based on the current proceedings in the industry at the commercial level. The study provides the value chain analysis with respect to raw materials, manufacturers, and end users. The value chain describes the key contributors to the materials market at different stages from product development to end use. It represents the top players which are contributing to the growth of Asia-Pacific lubricants market.

Based on different applications, the Asia-Pacific lubricants market is segmented into transportation and industrial machinery & equipment. On the basis of type, the market covers mineral oil lubricants, synthetic lubricants, bio-based lubricants, and greases. The mineral oil segment dominated this market having accounted for a share of 75.0% in 2014. The market in China dominates the Asia-Pacific lubricants market in terms of volume, having accounted for a share of 63.1% in 2014. This growth is attributed to the rising demand of lubricants across various industries, such as transportation, automobile, and industrial machinery & equipment.

Different companies operating in this market are also profiled in the report. The key companies in this market are Royal Dutch Shell plc (Netherlands), Exxon Mobil Corporation (U.S.), BP plc (U.K.), Chevron Corporation (U.S.), Total S.A. (France), PetroChina Company Limited (China), Sinopec Limited (China), and Idemitsu Kosan Co. Ltd. (Japan).

The report also presents a competitive landscape covering different strategies and developments such as joint venture, expansions, mergers & acquisitions, new product developments, and agreements & collaborations adopted by the leading market players over the years.

Factors such as investments in expansion of plant capacities, followed by corporate agreements were the most preferred strategies adopted by the top players in 2011 & 2015 are driving the demand of Asia-Pacific lubricants market.

Scope of the report:

On the basis of application:

– Transportation

– Industrial Machinery & Equipment

On the basis of type:

– Mineral Oil Lubricants

– Synthetic Lubricants

– Bio-Based Lubricants

– Greases

Companies Mentioned

– BP PLC.

– Chevron Corporation

– Exxonmobil Corporation

– Idemitsu Kosan Co. Ltd.

– Petrochina Company Limited

– Royal Dutch Shell PLC.

– Sinopec Limited

– Total S.A.

For more information visit http://www.researchandmarkets.com/research/jsgfz3/asiapacific

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Automotive, Metals and Minerals, Oilfield Equipment and Services, Lubricants and Greases