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 Industrial Gear Oils market in this environment.
In terms of revenue, this research report indicated that the global Industrial Gear Oils 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 Industrial Gear Oils industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ???ADDINOL Lube Oil GmbH aims at producing XX Industrial Gear Oils in 2020, with XX % production to take place in global market, ????Advanced Lubrication Specialties accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Industrial Gear Oils Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Industrial Gear Oils Market?
ADDINOL Lube Oil GmbH
Advanced Lubrication Specialties
Afton Chemical Corporation
Amalie Oil Company
Bechem Lubrication Technology, LLC
Chem Arrow Corporation
CLC Lubricants, Inc.
D-A Lubricant Company, Inc.
Exxon Mobil Corporation
Fuchs Lubricants Co.
GMC Oil Company
LOTOS Company
Lubricating Specialties Company
Lubrication Engineers, Inc.
Lubrita Company
Lubrizol Corporation
North Sea Lubricants B.V.
Phillips 66 Lubricants
Royal Dutch Shell Plc.
...
Major Type of Industrial Gear Oils Covered in XYZResearch report:
Mineral
Synthetic
Worm Gear Oils
Application Segments Covered in XYZResearch Market
Manufacturing Industry
Steel Industry
Mining
Construction
Agriculture
Energy
Others
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Industrial Gear Oils 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 Mineral -Product Introduction and Major Manufacturers
1.1.2 Synthetic -Product Introduction and Major Manufacturers
1.1.3 Worm Gear 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 Industrial Gear Oils 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 Industrial Gear Oils Market
3.1.1 Top Companies leading Industrial Gear Oils Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Industrial Gear Oils Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Industrial Gear Oils Market
3.2.1 Top Companies leading Industrial Gear Oils Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Industrial Gear Oils Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Industrial Gear Oils Market
3.3.1 Top Companies leading Industrial Gear Oils Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Industrial Gear Oils Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Industrial Gear Oils Market
3.4.1 Top Companies leading Industrial Gear Oils Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Industrial Gear Oils Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Industrial Gear Oils Market
3.5.1 Top Companies leading Industrial Gear Oils Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Industrial Gear Oils Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Industrial Gear Oils Market
3.6.1 Top Companies leading Industrial Gear Oils 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 Industrial Gear Oils Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Industrial Gear Oils Market
3.7.1 Top Companies leading Industrial Gear Oils 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 Industrial Gear Oils 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 Industrial Gear Oils Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Industrial Gear Oils 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 Industrial Gear Oils Sales and Growth Rate (2021-2026)
5.2 Global Industrial Gear Oils Sales Value and Growth Rate (2021-2026)
6 Industrial Gear Oils Competitive Analysis
6.1 ADDINOL Lube Oil GmbH
6.1.1 ADDINOL Lube Oil GmbH Company Profiles
6.1.2 ADDINOL Lube Oil GmbH Product Introduction
6.1.3 ADDINOL Lube Oil GmbH Industrial Gear Oils Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Advanced Lubrication Specialties
6.2.1 Advanced Lubrication Specialties Company Profiles
6.2.2 Advanced Lubrication Specialties Product Introduction
6.2.3 Advanced Lubrication Specialties Industrial Gear Oils Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Afton Chemical Corporation
6.3.1 Afton Chemical Corporation Company Profiles
6.3.2 Afton Chemical Corporation Product Introduction
6.3.3 Afton Chemical Corporation Industrial Gear Oils Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Amalie Oil Company
6.4.1 Amalie Oil Company Company Profiles
6.4.2 Amalie Oil Company Product Introduction
6.4.3 Amalie Oil Company Industrial Gear Oils Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Bechem Lubrication Technology, LLC
6.5.1 Bechem Lubrication Technology, LLC Company Profiles
6.5.2 Bechem Lubrication Technology, LLC Product Introduction
6.5.3 Bechem Lubrication Technology, LLC Industrial Gear Oils Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Chem Arrow Corporation
6.6.1 Chem Arrow Corporation Company Profiles
6.6.2 Chem Arrow Corporation Product Introduction
6.6.3 Chem Arrow Corporation Industrial Gear Oils Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 CLC Lubricants, Inc.
6.7.1 CLC Lubricants, Inc. Company Profiles
6.7.2 CLC Lubricants, Inc. Product Introduction
6.7.3 CLC Lubricants, Inc. Industrial Gear Oils Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 D-A Lubricant Company, Inc.
6.8.1 D-A Lubricant Company, Inc. Company Profiles
6.8.2 D-A Lubricant Company, Inc. Product Introduction
6.8.3 D-A Lubricant Company, Inc. Industrial Gear Oils Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Exxon Mobil Corporation
6.9.1 Exxon Mobil Corporation Company Profiles
6.9.2 Exxon Mobil Corporation Product Introduction
6.9.3 Exxon Mobil Corporation Industrial Gear Oils Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Fuchs Lubricants Co.
6.10.1 Fuchs Lubricants Co. Company Profiles
6.10.2 Fuchs Lubricants Co. Product Introduction
6.10.3 Fuchs Lubricants Co. Industrial Gear Oils Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 GMC Oil Company
6.12 LOTOS Company
6.13 Lubricating Specialties Company
6.14 Lubrication Engineers, Inc.
6.15 Lubrita Company
6.16 Lubrizol Corporation
6.17 North Sea Lubricants B.V.
6.18 Phillips 66 Lubricants
6.19 Royal Dutch Shell Plc.
7 Conclusion
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