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Global Lubricants Category - Procurement Market Intelligence Report

Global Lubricants Category - Procurement Market Intelligence Report

About Lubricants Market

Increased use of electromechanical devices in hospitals, which are used for medical examinations and surgical procedures, has driven the demand for lubricating products from this sector over the past five years. This is mainly due to the ability of lubricants to provide benefits such as enhancement in the performance and reduction in wear and tear and noise arising from these devices. Synthetic lubricants, surgical lubricants such as surgilube (made of natural-water soluble gums), K-Y jelly, medicinal castor oil, and greases are the most common types of lubricants that are used in medical examinations and devices used in medical procedures

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Lubricants Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Lubricants Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • Increased use of electromechanical devices in hospitals
  • For a full, detailed list, view our report
Category constraints
  • Lack of technical knowledge in selecting appropriate lubricants
  • For a full, detailed list, view our report
Procurement best practices
  • Evaluate the performance criteria for the selection of lubricants
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


Press Release

SpendEdge Announces the Publication of its Procurement Research Report – Global Lubricants Category - Procurement Market Intelligence ReporT 2017-2021.

SpendEdge recognizes the following companies as the key suppliers in the Global Lubricants Category - Procurement Market Intelligence Report: Royal Dutch Shell, ExxonMobil, BP, PETRONAS, and Total.

Commenting on the report, an analyst from SpendEdge said: “Buyers must adopt effective practices that allow them to exert better control over service providers, irrespective of the prevailing market conditions, as this will help them with the improved management of their category spend.”

According to the report, one of the key growth drivers for this market. Technological developments have helped in the invention of medical devices, which is required to address the increasing rate of illness in people across the globe.

Further, the report states that a major key procurement challenge faced by procurement managers is the lack of technical knowledge in selecting appropriate lubricants. In the global lubricants market, numerous suppliers are offering a wide range of lubricating products with different specifications and quality levels.

Companies Mentioned

Royal Dutch Shell, ExxonMobil, BP, PETRONAS, and Total.

PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Molasses Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
Royal Dutch Shell
ExxonMobil
BP
PETRONAS
Total
PART 8: APPENDIX
Glossary
Key Notes
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