Global Industrial Lubricants Market 2020-2024

Global Industrial Lubricants Market 2020-2024

Technavio has been monitoring the industrial lubricants market and it is poised to grow by 0.89 mn MT during 2020-2024 progressing at a CAGR of 2% during the forecast period. Our reports on the industrial lubricants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing demand from end-user industries and high demand from the construction industry.

The industrial lubricants market analysis includes product by volume segment and geographic landscape.

Technavio's industrial lubricants market is segmented as below:

By Product By Volume

  • Mineral oil lubricants
  • Synthetic lubricants
  • Bio-based lubricants
By Geographic Landscape
  • APAC
  • Europe
  • North America
  • MEA
  • South America
This study identifies the emergence of bio-based lubricants as one of the prime reasons driving the industrial lubricants market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our industrial lubricants market covers the following areas:
  • Industrial lubricants market sizing
  • Industrial lubricants market forecast
  • Industrial lubricants market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial lubricants market vendors that include BP Plc, China National Petroleum Corp., Exxon Mobil Corp., FUCHS PETROLUB SE, Idemitsu Kosan Co. Ltd., Indian Oil Corp. Ltd., Oil and Natural Gas Corp. Ltd., PJSC LUKOIL, Royal Dutch Shell Plc, and Total SA. Also, the industrial lubricant market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis- oil and gas refining and marketing market
      • Inputs:
      • Refining:
      • Retailing and marketing:
      • Industry innovations:
  • Market Sizing
    • Market definition
      • Parent market
      • Market in focus
      • Vendor selection
      • Segmentation
      • Methodology for market sizing and vendor selection
        • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Estimating growth rates for emerging and high-growth markets
      • Estimating growth rates for mature markets
        • Table Global - Market size and forecast 2019 - 2024 (million MT)
        • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Product by Volume
    • Market segments
      • Table Product by volume - Market share 2019-2024 (%)
    • Comparison by Product by volume
      • Table Comparison by Product by volume
    • Mineral oil lubricants - Market size and forecast 2019-2024
      • Table Mineral oil lubricants - Market size and forecast 2019-2024 (million MT)
      • Table Mineral oil lubricants - Year-over-year growth 2019-2024 (%)
    • Synthetic lubricants - Market size and forecast 2019-2024
      • Table Synthetic lubricants - Market size and forecast 2019-2024 (million MT)
      • Table Synthetic lubricants - Year-over-year growth 2019-2024 (%)
    • Bio-based lubricants - Market size and forecast 2019-2024
      • Table Bio-based lubricants - Market size and forecast 2019-2024 (million MT)
      • Table Bio-based lubricants - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Product by volume
      • Table Market opportunity by Product by volume
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape by Volume
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 (million MT)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 (million MT)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast
      • Table North America - Market size and forecast 2019-2024 (million MT)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 (million MT)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast
      • Table South America - Market size and forecast 2019-2024 (million MT)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography (million MT)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Increasing demand from end-user industries
      • Emergence of bio-based lubricants
      • High demand from the construction industry
    • Market challenges
      • Weak global economic outlook
      • Environmental impact of lubricants
      • Rise in adoption of automatic lubrication systems
        • Table Impact of drivers and challenges
    • Market trends
      • Capacity expansions and product development
      • Strategic alliances
      • Digitization in the lubricant industry
  • Vendor Landscape
    • Competitive scenario
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • BP Plc
      • Table BP Plc – Overview
      • Table BP Plc - Business segments
      • Table BP Plc – Key news
      • Table BP Plc - Key offerings
      • Table BP Plc - Segment focus
    • China National Petroleum Corp.
      • Table China National Petroleum Corp. –Overview
      • Table China National Petroleum Corp. - Product and service
      • Table China National Petroleum Corp. –Key news
      • Table China National Petroleum Corp. - Key offerings
    • Exxon Mobil Corp.
      • Table Exxon Mobil Corp. –Overview
      • Table Exxon Mobil Corp. - Business segments
      • Table Exxon Mobil Corp. –Key news
      • Table Exxon Mobil Corp. - Key offerings
      • Table Exxon Mobil Corp. - Segment focus
    • FUCHS PETROLUB SE
      • Table FUCHS PETROLUB SE – Overview
      • Table FUCHS PETROLUB SE - Business segments
      • Table FUCHS PETROLUB SE – Key news
      • Table FUCHS PETROLUB SE - Key offerings
      • Table FUCHS PETROLUB SE - Segment focus
    • Idemitsu Kosan Co. Ltd.
      • Table Idemitsu Kosan Co. Ltd. –Overview
      • Table Idemitsu Kosan Co. Ltd. - Business segments
      • Table Idemitsu Kosan Co. Ltd. –Key news
      • Table Idemitsu Kosan Co. Ltd. - Key offerings
      • Table Idemitsu Kosan Co. Ltd. - Segment focus
    • Indian Oil Corp. Ltd.
      • Table Indian Oil Corp. Ltd. –Overview
      • Table Indian Oil Corp. Ltd. - Business segments
      • Table Indian Oil Corp. Ltd. –Key news
      • Table Indian Oil Corp. Ltd. - Key offerings
      • Table Indian Oil Corp. Ltd. - Segment focus
    • Oil and Natural Gas Corp. Ltd.
      • Table Oil and Natural Gas Corp. Ltd. –Overview
      • Table Oil and Natural Gas Corp. Ltd. - Business segments
      • Table Oil and Natural Gas Corp. Ltd. - Key offerings
      • Table Oil and Natural Gas Corp. Ltd. - Segment focus
    • PJSC LUKOIL
      • Table PJSC LUKOIL – Overview
      • Table PJSC LUKOIL - Business segments
      • Table PJSC LUKOIL – Key news
      • Table PJSC LUKOIL - Key offerings
      • Table PJSC LUKOIL - Segment focus
    • Royal Dutch Shell Plc
      • Table Royal Dutch Shell Plc – Overview
      • Table Royal Dutch Shell Plc - Business segments
      • Table Royal Dutch Shell Plc – Key news
      • Table Royal Dutch Shell Plc - Key offerings
      • Table Royal Dutch Shell Plc - Segment focus
    • Total SA
      • Table Total SA – Overview
      • Table Total SA - Business segments
      • Table Total SA – Key news
      • Table Total SA - Key offerings
      • Table Total SA - Segment focus
  • Appendix
    • Scope of the report
      • Definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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