Quick Summary:
In the swiftly transforming sphere of Lubricant Packaging, executives seeking to outpace their competition need actionable insights rooted in thorough research. This comprehensive report on the Global Lubricant Packaging Market, anticipated to ascend from $13 Billion in 2022 to an impressive $17.5 Billion by 2030, holds the key to informed decision-making. It not only breaks down the growth trajectories for various segments such as Engine Oils, but also provides an exhaustive geographical analysis, spotlighting potential high-growth areas like the US and China.
Along with quantitative data, this report equips you with a competitive edge through a detailed review of key industry players, their market shares, and their standing across various geographies. Moreover, the exploration of recent industry developments and the opportunities they present to different stakeholders in the Lubricant Packaging market makes this report an indispensable tool for strategic planning. Enhance your industry understanding, identify new opportunities, and pave your way to superior market performance with this insightful report.
Global Lubricant Packaging Market to Reach $17.5 Billion by 2030
The global market for Lubricant Packaging estimated at US$13 Billion in the year 2022, is projected to reach a revised size of US$17.5 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030. Engine Oils, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$9.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Transmission and Hydraulic Fluids segment is readjusted to a revised 3.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.7 Billion, While China is Forecast to Grow at 5.8% CAGR
The Lubricant Packaging market in the U.S. is estimated at US$3.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.Select Competitors (Total 12 Featured) -
- Anhui Zhongtian Petrochemical Co., Ltd.
- Balmer Lawrie & Co. Ltd.
- CYL Corporation Berhad
- Dongying Longhai Petrochemical Co. Ltd.
- Duplas Al Sharq LLC
- Greif, Inc.
- Martin Midstream Partners L.P.
- Mold Tek Pakaging Ltd.
- Neelkamal Plastic Factory LLC
- Niagara Lubricant Company Inc.
- Scholle IPN Packaging, Inc.
- Suzhou Fansheng Plastic Manufacture Co., Ltd.
- Takween Advanced Industries
- Time Technoplast Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Lubricant Packaging?
What is the growth rate of the Global Market for Lubricant Packaging?
What is the forecasted size of the Global Market for Lubricant Packaging?
Who are the key companies in the Global Market for Lubricant Packaging?
| Report Attribute | Details |
|---|---|
| No. of Pages | 258 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 13 Billion |
| Forecasted Market Value ( USD | $ 17.5 Billion |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Anhui Zhongtian Petrochemical Co., Ltd.
- Balmer Lawrie & Co. Ltd.
- CYL Corporation Berhad
- Dongying Longhai Petrochemical Co. Ltd.
- Duplas Al Sharq LLC
- Greif, Inc.
- Martin Midstream Partners L.P.
- Mold Tek Pakaging Ltd.
- Neelkamal Plastic Factory LLC
- Niagara Lubricant Company Inc.
- Scholle IPN Packaging, Inc.
- Suzhou Fansheng Plastic Manufacture Co., Ltd.
- Takween Advanced Industries
- Time Technoplast Ltd.
