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World Independent Lubricant Manufacturers Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Global
  • Allied Market Research
  • ID: 3773406
Primarily, independent lubricant manufacturer do not have own oil refineries. They purchase base oil as a raw material from the open market petroleum companies and oil suppliers, and then process it with required additives to produce industrial and automobile lubricants. Growing demand for automated machines in mining and agricultural industries has driven the demand for industrial lubricants. The Government of U.S., along with large corporations, has proposed to launch a voluntary program in order to facilitate the working capital for Small businesses such as Independent lubricant manufacturers. The major players in the global independent lubricant manufacturers market are Addinol, Caltex, Castrol, Amsoil Inc., Carlube, Fuchs Petrolub SE, Motul S.A., Red Line, Liqui Moly, Pentosin and Royal Purple LLC. Castrol has launched innovative engine oil called ‘Castrol Magnetic’, which protects the engine parts against the wear of “stop-start driving”.

The global independent lubricant manufacturers market is segmented on the basis of product and geography. Based on product, the market is segmented into automotive lubricants and industrial lubricants. Based on geography, the market is segmented into North America, Europe, Asia Pacific and LAMEA. Asia Pacific counties such as China and Japan are leading the market due to the growing industrialization and thriving automotive market.

KEY BENEFITS

The study helps in understanding the business strategies adopted by various companies for the growth of the global independent lubricant manufacturers market
The independent lubricant manufacturers market, in terms of volume and revenue, is comprehensively analyzed across the globe
Porter’s five forces model gives an in-depth analysis of the bargaining power of buyers & suppliers, threats of new entrants & substitutes and competition amongst the key market players
The drivers and restraints of this market are systematically analyzed and major focus is given towards the present and upcoming opportunities in this market
The regulations imposed by various governments on the manufacturers are thoroughly studied in this report
The value chain and SWOT analysis offers key insights to the stake holders of this market

KEY MARKET SEGMENTS:

INDEPENDENT LUBRICANT MARKET, BY PRODUCT

Industrial Lubricants
Automotive Lubricants

INDEPENDENT LUBRICANT MARKET, BY GEOGRAPHY

North America
Asia Pacific
Europe
LAMEA

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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