Synthetic Lubricants & Functional Fluids Market in the US by Product, Material and Market, 5th Edition
Demand for synthetic lubricants and functional fluids in the US is expected to grow 5.5 percent per year to $5.7 billion in 2020. Volume will rise to 513 million gallons. Stricter technical demands on lubricants and functional fluids will move customers towards synthetic products that can improve energy efficiency, reduce wear and tear on equipment, and extend maintenance intervals.
This report covers demand for synthetic lubricants and functional fluids by Product, Material, and Market. Data are given in dollar value and volume (gallons).
Products covered in the synthetic lubricants and functional fluids study include:
Heat Transfer Fluid
Semi-Synthetic Engine Oil
Synthetic Engine Oil
Markets for synthetic lubricants and functional fluids include:
Medium-and Heavy-Duty Vehicles
Energy & Power Generation
Synthetic materials covered in the study include:
Glycols, including polyalkylene glycol (PAG)
Group III base oils
Aromatics-based chemicals, including alkylated naphthalene and others
Scope of the Report
This report covers the scope, size, and growth of the US market for synthetic lubricants and functional fluids including key trends in applications and market segmentation. Historical data are provided for 2005, 2010, and 2015 with forecasts for 2020 and 2025, with historical pricing data and forecasts also discussed. Data are provided in both volume (gallons) and dollar value. Also included is an analysis of the industry key players and their market shares.