About mineral oil-based lubricants
Lubricants are used to reduce friction between two surfaces of equipment or components. They are usually in oil, semi-fluid, or solid state. Superior-quality lubricants have high thermal stability, high boiling point, low freezing point, and high viscosity index, which help to reduce the friction between machine parts for increased operational efficiency.
Mineral oil-based lubricants are derived from crude oil by distillation, solvent extraction, and the cracking process. Base oils (group I, II, and III) obtained from refining crude oil are used to manufacture mineral oil lubricants. These base oils differ from each other in terms of sulfur content, viscosity index, and saturates. Group I base oil is the least processed base oil and hence, has the lowest quality. Several types of mineral oil-based lubricants are available in the market, including engine oils, process oils, hydraulic fluids, turbine oils, tractor fluids, gear oils, and metal working fluids. They are used in various industries such as automotive, industrial machinery, textile, food and beverage, plastic, and chemicals.
Technavio’s analysts forecast the global mineral oil-based lubricants market to grow at a CAGR of 2% during the period 2014-2019.
Covered in this report
This research report covers the present scenario and the growth prospects of the global mineral oil-based lubricants market for the period 2015-2019. To calculate the market size, the report considers the consumption of mineral oil-based lubricants. The market has been divided into three major regions namely Americas, APAC, and EMEA. The mineral oil-based lubricants have been divided into three segments:
• Fluid
• Semi-fluid
• Solid
Technavio’s report, Global Mineral Oil-based Lubricants Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The research report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. In addition, the report discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by the market at large, as well as the key trends emerging in the market.
Key vendors
• BP
• CNPC
• ExxonMobil
• Royal Dutch Shell
• Saudi Aramco
Other prominent vendors
• Fuchs Petrolub
• Gazprom
• Idemitsu Kosan
• JX Holdings
• NK Lukoil
• PetroChina
• Petronas Chemicals Group Berhad
• Sinopec
• Total
Market driver
• Growing demand from automotive industry
• For a full, detailed list, view our report
Market challenge
• Negative environmental impact
• For a full, detailed list, view our report
Market trend
• Increase in R&D investment
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by type
Global mineral-oil-based lubricants market by type 2014
Global mineral-oil-based lubricants market by type 2019
Global mineral-oil-based lubricants market by fluid type
Global mineral-oil-based lubricant market by semi-fluid type
Global mineral-oil-based lubricant market by solid type
PART 07: Geographical segmentation
Global mineral-oil-based lubricants market by geography 2014
Global mineral-oil-based lubricants market by geography 2019
Mineral-oil-based lubricants market in APAC
Mineral-oil-based lubricants market in EMEA
Mineral-oil-based lubricants market in Americas
PART 08: Key leading countries
China
US
India
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
PART 15: Key vendor analysis
BP
CNPC
ExxonMobil
Royal Dutch Shell
Saudi Aramco
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global mineral-oil-based lubricants market 2014-2019 (million metric tons)
Exhibit 03: Five forces analysis
Exhibit 04: Global mineral-oil-based lubricants market by type 2014
Exhibit 05: Global mineral-oil-based lubricants market by type 2019
Exhibit 06: Global mineral-oil-based lubricants market by type 2014-2019
Exhibit 07: Global mineral-oil-based lubricants market by fluid type 2014-2019 (million metric tons)
Exhibit 08: Global mineral-oil-based lubricants market by semi-fluid type 2014-2019 (million metric tons)
Exhibit 09: Global mineral-oil-based lubricants market by solid type 2014-2019 (million metric tons)
Exhibit 10: Global mineral-oil-based lubricants market by geography 2014
Exhibit 11: Global mineral-oil-based lubricants market by geography 2019
Exhibit 12: Global mineral-oil-based lubricants market by geography 2014-2019
Exhibit 13: Mineral-oil-based lubricants market in APAC 2014-2019 (million metric tons)
Exhibit 14: Mineral-oil-based lubricants market in EMEA 2014-2019 (million metric tons)
Exhibit 15: Mineral-oil-based lubricants market in Americas 2014-2019 (million metric tons)
Exhibit 16: Key leading countries
Exhibit 17: Global commercial and passenger vehicle sales figures 2009-2014 (million)
Exhibit 18: Impact of drivers
Exhibit 19: Impact of drivers and challenges
Exhibit 20: BP: Business segmentation 2014 by revenue
Exhibit 21: BP: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 22: BP: Geographical segmentation by revenue 2014
Exhibit 23: ExxonMobil: Business segmentation by revenue 2014
Exhibit 24: ExxonMobil: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 25: ExxonMobil: Geographical segmentation by revenue 2014
Exhibit 26: Business segmentation by revenue 2014
Exhibit 27: Business segmentation by revenue 2013 and 2014 ($ millions)
Exhibit 28: Saudi Aramco: Product segmentation 2014 by revenue
