The global Marine Lubricants market was valued at USD 5.40 billion in 2016 and is projected to reach USD 6.68 billion by 2025, growing at a CAGR of 2.4% from 2017 to 2025.
Shipping as a trade activity is witnessing huge demand lately. The rise in import and export activities has increased shipping activities boosting the demand for marine lubricants. Marine lubricants are products that are used in ship construction. The decline in ship construction activities is responsible for slow market growth of these products.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Infrastructure improvements in the shipping industry
1.2 Rise of alternate technologies
2. Market Restraints
2.1 Decrease in trade activities
Market Segmentation:
The global Marine Lubricantsmarketis segmented on the basis ofproduct, application, ship type,and region.
1. By Product:
1.1 Synthetic
1.2 Mineral Oil
1.3 Grease
1.4 Bio-Based
2. By Application:
2.1 Engine
2.1.1 System Oil
2.1.2 Cylinder Oil
2.2 Compressor
2.3 Hydraulic
2.4 Others
3. By Ship Type:
3.1 Tankers
3.2 Container Ships
3.3 Cargo Ships
3.4 Others
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Chevron Corporation
2. BP PLC
3. Royal Dutch Shell PLC
4. Exxonmobil Corporation
5. Idemitsu Kosan Co. Ltd.
6. Sinopec Corporation
7. Gulf Oil
8. Lukoil
9. Aegean Marine Petroleum Network Inc.
10. Total SA
11. Vickers Oil
12. Quepet Lubricants
13. Unimarine LLC
14. Avin Oil SA
15. Indian Oil Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Marine Lubricantsmarketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL MARINE LUBRICANTSMARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL MARINE LUBRICANTSMARKETOUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL MARINE LUBRICANTSMARKET, BY PRODUCT
5.1 Overview
5.2 Synthetic
5.3 Mineral Oil
5.4 Grease
5.5 Bio-Based
6 GLOBAL MARINE LUBRICANTSMARKET, BY APPLICATION
6.1 Overview
6.2 Engine
6.2.1 System Oil
6.2.2 Cylinder Oil
6.3 Compressor
6.4 Hydraulic
6.5 Others
7 GLOBAL MARINE LUBRICANTSMARKET, BY SHIP TYPE
7.1 Overview
7.2 Tankers
7.3 Container Ships
7.4 Cargo Ships
7.5 Others
8 GLOBAL MARINE LUBRICANTSMARKET, BY GEOGRAPHY
8.1 Overview
8.2 North AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 EuropeRegional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia PacificRegional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin AmericaRegional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the WorldRegional Market Estimates and Forecasts, 2012 â€" 2025
9 GLOBAL MARINE LUBRICANTSMARKETCOMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Chevron Corporation
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 BP PLC
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Royal Dutch Shell PLC
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Exxonmobil Corporation
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Idemitsu Kosan Co. Ltd.
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Sinopec Corporation
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Gulf Oil
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Lukoil
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Aegean Marine Petroleum Network Inc.
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Total SA
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
10.11 Vickers Oil
10.11.1 Overview
10.11.2 Financial Performance
10.11.3 Product Outlook
10.11.4 Key Developments
10.12 Quepet Lubricants
10.12.1 Overview
10.12.2 Financial Performance
10.12.3 Product Outlook
10.12.4 Key Developments
10.13 Unimarine LLC
10.13.1 Overview
10.13.2 Financial Performance
10.13.3 Product Outlook
10.13.4 Key Developments
10.14 Avin Oil SA
10.14.1 Overview
10.14.2 Financial Performance
10.14.3 Product Outlook
10.14.4 Key Developments
10.15 Indian Oil Corporation
10.15.1 Overview
10.15.2 Financial Performance
10.15.3 Product Outlook
10.15.4 Key Developments
11 Appendix
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