Global Offshore Lubricants Market - 2019-2026

Global Offshore Lubricants Market - 2019-2026

Offshore lubricants Market Overview
The Global Offshore Lubricants Market is valued at USD XX million in 2018 and is expected to grow at a CAGR of XX% in the forecast period 2019-2026 to reach a value of USD XX million by 2026.
Global Offshore lubricants Market – Market Dynamics
Increase in off shore exploration activities, growth in subsea installations, the growing global energy demand and increasing demand for oil and gas are key driving factors responsible for the growth of the global offshore lubricants market.

Increase in demand for oil and gas in the world is one of the primary factors promoting the growth of the global offshore lubricants market. According to the International Energy Agency (IEA), the global oil demand in 2018 is 6.9 mb/d and is expected to reach 104.7 mb/d by 2023. The demand is expected to rise at an average annual rate of 1.2 mb/d. Countries like China and India together contributing to more than 50% of the global oil demand. Owing to these factors, the global offshore lubricants market is anticipated to witness healthy growth in the future.

However, On the flip side, the high initial investments, lack of technical knowledge and harsh deep-sea environmental conditions will affect the growth of the market.
Global Offshore lubricants Market – Segment Analysis
Based on the Application, the market is segmented as engine oil, hydraulic oil, gear oil and grease.
The engine oil segment is expected to grow as the dominant segment of the global offshore lubricants market owing to the increasing usage of diesel engines to generate electricity and power. Floating, production, storage and offloading vehicles employ highly efficient diesel engines to generate power which needs high amounts of lubricants to reduce the friction between the moving parts. These vessels are capable to weathervane and are capable of utilization in the mild to extreme offshore conditions. Increasing usage of diesel engines is expected to rise the demand for engine lubricants which is likely to propel the market growth in the forecast period.
Global Offshore lubricants Market– Geographical Analysis
The Global Offshore Lubricants Market is segmented into North America, Europe, Asia Pacific, South America and Middle East and Africa. The Asia Pacific region is further segmented into the countries such as China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific.
The North American region dominates the market due to the growing demand for energy, and production. According to the Global Energy Statistical Yearbook 2018, the overall energy consumption of North America increased from 2,465 Mtoe in 2015 to 2,473 Mtoe in 2016 finally reaching 2,489 Mtoe in 2017. Regulations imposed by the US is also an important factor propelling the offshore lubricants market. For instance, The U.S. EPA has formulated vessel general permit (VGP) guidelines for vessels operating in waters of the U.S. These VGP requirements are a set of guidelines established reduce aquatic environment impact by prescribing a set list of environmentally acceptable lubricants (EAL). Owing to these factors, the North American region is expected to dominate the global offshore lubricants market in the future.
Global Offshore lubricants Market– Competitive Analysis
New product launches, expansion of facilities, mergers and acquisitions and strategic partnerships are vital strategies adopted by most of the companies to contribute to the growth of the company and improve their market growth rate.

For instance, in April 2019, China’s state-owned Cosco Shipping Energy Transportation has inked a memorandum of understanding (MOU) with oil major ExxonMobil to deepen their cooperation on marine lubricants purchasing and ship leasing.

Moreover, in September 2018, as the run-up to stricter sulphur emissions standards continues, Chevron Marine Lubricants has developed a new range of cylinder lubricants compatible with virtually all available global sulphur cap 2020 compliance options as the operation of vessels


Why Purchase the Report?
• Visualize the composition of the Global Offshore lubricants Market across each indication, in terms of end use, application and region highlighting the key commercial assets and players.
• Identify commercial opportunities in Global Offshore lubricants Market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of the Global Offshore lubricants Market - level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key products of all major market players

Target Audience
:
• Equipment Suppliers/ Buyers
• Service Providers/ Buyers
• Industry Investors/Investment Bankers
• Education & Research Institutes
• Research Professionals
• Emerging Companies
• Manufacturers


1. Global Offshore lubricants Market Methodology and Scope
1.1 Research methodolog
1.2 Research Objective and Scope of the Repor
2. Global Offshore lubricants Market – Market Definition and Overview
3. Global Offshore lubricants Market – Executive Summary
3.1 Market Snippet by End use
3.2 Market Snippet by Applicatio
3.3 Market Snippet by Regio
4. Global Offshore lubricants Market – Market Dynamics
4.1 Market Impacting Factor
4.2 Driver
4.2.1 Expanding sea borne trade activitie
4.2.2 Increasing marine transportation sector
4.3 Restraint
4.3.1 Volatility in raw material price
4.3.2 Stringent trade regulation
4.4 Opportunitie
4.5 Impact Analysi
5. Global Offshore lubricants Market – Industry Analysis
5.1 Porter's Five Forces Analysis
5.2 Regulatory Analysi
6. Global Offshore lubricants Market – by End use
6.1.1 Introductionn
6.1.2 Market Size Analysis, and Y-o-Y Growth Analysis (%), by End use
6.1.3 Market Attractiveness Index, by End us
6.2 Offshore rig
6.2.1 Introduction
6.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%
6.3 FPS
6.4 Offshore support vehicle
7. Global Offshore lubricants Market – By Application
7.1.1 Introductionn
7.1.2 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Applicatio
7.1.3 Market Attractiveness Index, by Applicatio
7.1.4
7.2 Engine oil
7.2.1 Introduction
7.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%
7.3 Hydraulic oi
7.4 Gear oi
7.5 Greas
8. Global Offshore lubricants Market – By Region
8.1 Introductionn
8.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Regio
8.1.2 Market Attractiveness Index, By Regio
8.2 North Americ
8.2.1 Introduction
8.2.2 Key Region-Specific Dynamic
8.2.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by End us
8.2.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Applicatio
8.2.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countries
8.2.5.1 U.S
8.2.5.2 Canad
8.2.5.3 Mexic
8.3 Europ
8.3.1 Introduction
8.3.2 Key Region-Specific Dynamic
8.3.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by End us
8.3.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Applicatio
8.3.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countries
8.3.5.1 German
8.3.5.2 U.K
8.3.5.3 Franc
8.3.5.4 Ital
8.3.5.5 Spai
8.3.5.6 Rest of Europ
8.4 South Americ
8.4.1 Introduction
8.4.2 Key Region-Specific Dynamic
8.4.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by End us
8.4.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Applicatio
8.4.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Countries
8.4.5.1 Brazi
8.4.5.2 Argentin
8.4.5.3 Rest of South Americ
8.5 Asia Pacifi
8.5.1 Introduction
8.5.2 Key Region-Specific Dynamic
8.5.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by End us
8.5.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Applicatio
8.5.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Countries
8.5.5.1 Chin
8.5.5.2 Indi
8.5.5.3 Japa
8.5.5.4 Australi
8.5.5.5 Rest of Asia Pacifi
8.6 Middle East and Afric
8.6.1 Introduction
8.6.2 Key Region-Specific Dynamic
8.6.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by End us
8.6.4 Market Size Analysis, and Y-o-Y Growth Analysis
(%), by Applicatio
9. Global Offshore lubricants Market – Competitive Landscape
9.1 Competitive Scenari
9.2 Competitor Strategy Analysi
9.3 Comparative Product Portfolio Analysi
9.4 Market Positioning/Share Analysi
9.5 Mergers and Acquisitions Analysis
10. Company Profiles
10.1 Royal Dutch Shel
10.1.1 Company overvie
10.1.2 Product portfolio and descriptio
10.1.3 Key highlight
10.1.4 Financial overvie
10.2 BP Pl
10.3 Valvoline LL
10.4 Total S
10.5 Chevron Grou
10.6 Petronas Lubricants Internationa
10.7 Luk Oi
10.8 Exonn Mobil Cor
10.9 Sinopec Corporatio
10.10 Fuchs Petrolub SE
11. Global Offshore lubricants Market – Premium Insights
12. Global Offshore lubricants Market – DataM
12.1 Appendi
12.2 List of Tables and Figure
12.3 About Us and Service
12.4 Contact U

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