Global Industrial Gear Oil Market 2017-2021

  • ID: 4268140
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Apar Industries
  • CITGO Petroleum
  • FUCHS
  • LIQUI MOLY
  • Petrobras
  • Sinopec
  • MORE
About Industrial Gear Oil
Lubricants play a vital role in sectors such as automotive, aviation, manufacturing, and marine. These are used in both new and old machines and equipment to reduce friction, which increases with time due to wear and tear of surfaces. Lubricants for industrial gear oil applications are used to minimize wear and tear in gearbox by reducing binding and friction. In some extreme cases, these may also prevent or reduce electrical resistivity, while increasing thermal conduction.

The analysts forecast the global industrial gear oil market to grow at a CAGR of 2.89% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global industrial gear oil market for 2017-2021. To calculate the market size, the report considers the volume consumed in the lubricants market for gearbox applications and excludes aftermarket/services market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Industrial Gear Oil Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- BP
- Chevron Corporation
- Exxon Mobil Corporation
- Royal Dutch Shell
- Total

Other prominent vendors
- Apar Industries
- CITGO Petroleum
- Columbia Petro Chem
- FUCHS
- Gazprom
- Idemitsu Kosan
- LIQUI MOLY
- The Lubrizol Corporation
- LUKOIL
- Pertamina
- Petrobras
- PetroChina
- Sinopec
- SK Lubricants

Market drivers
- Growth in the global construction industry
- For a full, detailed list, view the full report

Market challenges
- Decrease in mining-related investments
- For a full, detailed list, view the full report

Market trends
- Increasing number of industry-specific products
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 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?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Apar Industries
  • CITGO Petroleum
  • FUCHS
  • LIQUI MOLY
  • Petrobras
  • Sinopec
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Lubricant market overview
  • Global industrial gear oil market
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Geographical segmentation
  • Global industrial gear oil market by geography
  • Industrial gear oil market in APAC
  • Industrial gear oil market in EMEA
  • Industrial gear oil market in the Americas
PART 07: Market segmentation by product
  • Global industrial gear oil market by product type
  • Global industrial gear oil market by mineral-based lubricants
  • Global industrial gear oil market by synthetic-based lubricants
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Increasing number of industry-specific products
  • Digitization in wind turbine gearboxes
  • Development of bio-lubricants
PART 11: Vendor landscape
  • Competitive landscape
  • Other prominent vendors
PART 12: Key vendor analysis
  • BP
  • Chevron Corporation
  • Exxon Mobil Corporation
  • Royal Dutch Shell
  • Total
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global industrial gear oil market
Exhibit 02: Global industrial gear oil market 2016-2021 (MMT)
Exhibit 03: Five forces analysis
Exhibit 04: Global industrial gear oil market by geography 2016 and 2021 (%)
Exhibit 05: Global industrial gear oil market by geography 2016-2021 (MMT)
Exhibit 06: Industrial gear oil market in APAC 2016-2021 (MMT)
Exhibit 07: Industrial gear oil market in EMEA 2016-2021 (MMT)
Exhibit 08: Industrial gear oil market in the Americas 2016-2021 (MMT)
Exhibit 09: Global industrial gear oil market by product type 2016 and 2021 (%)
Exhibit 10: Global industrial gear oil market by product type 2016-2021 (MMT)
Exhibit 11: Global industrial gear oil market by mineral-based lubricants 2016-2021 (MMT)
Exhibit 12: Properties of mineral oil lubricants
Exhibit 13: Global industrial gear oil market by synthetic-based lubricants 2016-2021 (MMT)
Exhibit 14: Advantages of synthetic oils based on base stock
Exhibit 15: Global Construction Spend 2016-2021 (%)
Exhibit 16: Global population data 2000-2050 (billions in numbers)
Exhibit 17: New wind installation targets by 2020 (in GW)
Exhibit 18: Benefits of automatic lubrication system
Exhibit 19: Other prominent vendors (indicative list)
Exhibit 20: BP: Key products
Exhibit 21: Chevron Corporation: Key products
Exhibit 22: Exxon Mobil Corporation: Key products
Exhibit 23: Royal Dutch Shell : Key products
Exhibit 24: Total: Key products
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FEATURED COMPANIES

  • Apar Industries
  • CITGO Petroleum
  • FUCHS
  • LIQUI MOLY
  • Petrobras
  • Sinopec
  • MORE
New Report Released: – Global Industrial Gear Oil Market 2017-2021

The author of the report recognizes the following companies as the key players in the global industrial gear oil market: BP, Chevron Corporation, Exxon Mobil Corporation, Royal Dutch Shell, and Total.

Other Prominent Vendors in the market are: Apar Industries, CITGO Petroleum, Columbia Petro Chem, FUCHS, Gazprom, Idemitsu Kosan, LIQUI MOLY, The Lubrizol Corporation, LUKOIL, Pertamina, Petrobras, PetroChina, Sinopec, and SK Lubricants.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is increasing number of industry-specific products. One of the major trends in the market is the growing production of industry-specific lubricants. In terms of competitive offerings, two types of players exist in the market. The first constitutes companies that offer generic products and the second includes those companies that manufacture industry-specific products. In the recent years, many vendors have been increasingly focusing on offering specific mining lubricants.”

According to the report, one of the major drivers for this market is growth in the global construction industry. Infrastructure development has a direct impact on various sectors of the global economy. The need for better infrastructure leads to a high demand for heavy construction machinery such as trucks, crane, and others, as these can be useful in a wide range of construction activities. As there will be more demand for heavy machinery, there will be more manufacturing activity which will lead to higher number of manufacturing of heavy machinery, which will lead to a rise in demand of global industrial gear oil market.

Further, the report states that one of the major factors hindering the growth of this market is decrease in mining-related investments. There is a significant decline in the mining-related investments from the past few years. The economies globally where the mining plays an important role by contributing in their own GDPs have all shown a considerable decline in local and the foreign direct investments (FDI). There is a lack of demand for minerals and metals due to lowering of demand from the manufacturing sector. BRICS, which represents one-third of foreign direct investments in the mining sector, has shown a decline due to the weak economy. Only India has shown some respite from this scenario as its economy is stable due to high government spending in the infrastructure sector and the promotion of its manufacturing sector.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • BP
  • Chevron Corporation
  • Exxon Mobil Corporation
  • Royal Dutch Shell
  • Total
  • Apar Industries
  • CITGO Petroleum
  • Columbia Petro Chem
  • FUCHS
  • Gazprom
  • Idemitsu Kosan
  • LIQUI MOLY
  • The Lubrizol Corporation
  • LUKOIL
  • Pertamina
  • Petrobras
  • PetroChina
  • Sinopec
  • SK Lubricants
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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