Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Bio-Based Lubricants market in this environment.
In terms of revenue, this research report indicated that the global Bio-Based Lubricants market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Bio-Based Lubricants industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ????Total aims at producing XX Bio-Based Lubricants in 2020, with XX % production to take place in global market, ????Chevron accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Bio-Based Lubricants Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Bio-Based Lubricants Market?
Total
Chevron
BP
Exxon Mobil
Royal Dutch Shell
Fuchs Lubricants
SINOPEC
DMS
Cargill
Renewable Lubricants
Panolin
Conocophilips
Houghton International
Environmental Lubricants Manufacturing
BioBlend Renewable Resources
...
Major Type of Bio-Based Lubricants Covered in XYZResearch report:
Vegetable Oils
Animal Oils
Application Segments Covered in XYZResearch Market
Automotive
Marine
Aviation
Industrial
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Bio-Based Lubricants Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Vegetable Oils -Product Introduction and Major Manufacturers
1.1.2 Animal Oils -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Bio-Based Lubricants Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Bio-Based Lubricants Market
3.1.1 Top Companies leading Bio-Based Lubricants Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Bio-Based Lubricants Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Bio-Based Lubricants Market
3.2.1 Top Companies leading Bio-Based Lubricants Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Bio-Based Lubricants Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Bio-Based Lubricants Market
3.3.1 Top Companies leading Bio-Based Lubricants Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Bio-Based Lubricants Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Bio-Based Lubricants Market
3.4.1 Top Companies leading Bio-Based Lubricants Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Bio-Based Lubricants Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Bio-Based Lubricants Market
3.5.1 Top Companies leading Bio-Based Lubricants Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Bio-Based Lubricants Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Bio-Based Lubricants Market
3.6.1 Top Companies leading Bio-Based Lubricants Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Bio-Based Lubricants Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Bio-Based Lubricants Market
3.7.1 Top Companies leading Bio-Based Lubricants Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Bio-Based Lubricants Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Bio-Based Lubricants Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Bio-Based Lubricants Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Bio-Based Lubricants Sales and Growth Rate (2021-2026)
5.2 Global Bio-Based Lubricants Sales Value and Growth Rate (2021-2026)
6 Bio-Based Lubricants Competitive Analysis
6.1 Total
6.1.1 Total Company Profiles
6.1.2 Total Product Introduction
6.1.3 Total Bio-Based Lubricants Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Chevron
6.2.1 Chevron Company Profiles
6.2.2 Chevron Product Introduction
6.2.3 Chevron Bio-Based Lubricants Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 BP
6.3.1 BP Company Profiles
6.3.2 BP Product Introduction
6.3.3 BP Bio-Based Lubricants Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Exxon Mobil
6.4.1 Exxon Mobil Company Profiles
6.4.2 Exxon Mobil Product Introduction
6.4.3 Exxon Mobil Bio-Based Lubricants Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Royal Dutch Shell
6.5.1 Royal Dutch Shell Company Profiles
6.5.2 Royal Dutch Shell Product Introduction
6.5.3 Royal Dutch Shell Bio-Based Lubricants Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Fuchs Lubricants
6.6.1 Fuchs Lubricants Company Profiles
6.6.2 Fuchs Lubricants Product Introduction
6.6.3 Fuchs Lubricants Bio-Based Lubricants Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 SINOPEC
6.7.1 SINOPEC Company Profiles
6.7.2 SINOPEC Product Introduction
6.7.3 SINOPEC Bio-Based Lubricants Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 DMS
6.8.1 DMS Company Profiles
6.8.2 DMS Product Introduction
6.8.3 DMS Bio-Based Lubricants Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Cargill
6.9.1 Cargill Company Profiles
6.9.2 Cargill Product Introduction
6.9.3 Cargill Bio-Based Lubricants Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Renewable Lubricants
6.10.1 Renewable Lubricants Company Profiles
6.10.2 Renewable Lubricants Product Introduction
6.10.3 Renewable Lubricants Bio-Based Lubricants Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 Panolin
6.12 Conocophilips
6.13 Houghton International
6.14 Environmental Lubricants Manufacturing
6.15 BioBlend Renewable Resources
7 Conclusion
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