Lubricants Market – Size, Share & Forecast 2021


Posted April 25, 2018 by wahid007

Lubricants Market was valued at USD 144.45 billion in 2015 and is projected to reach USD 166.59 Billion by 2021, at a CAGR of 2.4% between 2016 and 2021.

 
The Global Lubricants Market is projected to reach USD 166.59 Billion by 2021, registering a CAGR of 2.4% between 2016 and 2021. This rapid growth in the automotive industry in Asia-Pacific is a key driver of the lubricants market. More than 60% of lubricants are consumed by the transportation application segment in 2015. Also, the rapid growth of various manufacturing industry in emerging nations is one of the drivers of the market.

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Key Target Audience:
• Manufacturers of Lubricants
• Suppliers of Lubricants
• Raw Material Suppliers
• Investment Banks
• Government Bodies
• End users such as automobile, marine, and manufacturing companies

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Key market players profiled in Lubricants Market include:
• Royal Dutch Shell Plc. (Netherlands)
• Exxon Mobil Corporation (U.S.)
• Petrochina Company Limited (China)
• Sinopec Limited (China)
• Total S.A. (France)
• Lukoil (Russia)
• BP Plc. (U.K.)
• Chevron Corporation (U.S.)
• Fuchs Petrolub AG (Germany)
• Idemitsu Kosan Co. Ltd. (Japan)

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Issued By MarketsandMarkets
Country India
Categories Business , Marketing
Tags lubricants market , lubricants market application , lubricants market region , lubricants market share , lubricants market size , lubricants market type
Last Updated April 25, 2018