Global Offshore Lubricants Market 2017-2021

  • ID: 4380352
  • Report
  • Region: Global
  • 85 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • BENJN R. VICKERS & SONS
  • ExxonMobil
  • Idemitsu Kosan
  • LUKOIL
  • PLUSCO
  • Shell
  • MORE
About Offshore Lubricants

The offshore lubricant is a substance that reduces friction and wears at the interface of the two materials. It helps in reducing the friction by lowering the shear strength of interface. Lubrication is a process of using materials to improve the smoothness of the movement of one surface over other. A lubricant reduces the wear and friction at the interface of two materials. It helps in reducing the adhesive friction by lowering the shear strength of the interface. Lubricants can be solids, liquids or semi-liquids, and gases, or a combination of solids, liquids, and gases.

The analysts forecast the global offshore lubricants market to grow at a CAGR of 3.86% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global offshore lubricants market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • North America
  • ROW
The report, Global Offshore Lubricants 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
  • ExxonMobil
  • Shell
  • Total
Other prominent vendors
  • AEGEAN MARINE PETROLEUM NETWORK
  • FUCHS
  • GULF OIL
  • Idemitsu Kosan
  • JX Nippon Oil & Energy
  • Klüber Lubrication
  • LUKOIL
  • PANOLIN
  • Petroliam Nasional Berhad
  • (PETRONAS)
  • PLUSCO
  • Quepet Lubricants
  • RS Clare & Co
  • Sinopec
  • Unimarine
  • BENJN R. VICKERS & SONS
Market drivers
  • Increase in offshore exploration and production investments
  • For a full, detailed list, view the full report
Market challenges
  • Fluctuation in crude oil prices
  • For a full, detailed list, view the full report
Market trends
  • Growth of bio-based lubricants
  • 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?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • BENJN R. VICKERS & SONS
  • ExxonMobil
  • Idemitsu Kosan
  • LUKOIL
  • PLUSCO
  • Shell
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global offshore lubricants market by application
  • Global offshore lubricants market for engine oil application
  • Global offshore lubricants market for gear oil application
  • Global offshore lubricants market for grease application
  • Global offshore lubricants market for other applications
PART 07: Market segmentation by end-user
  • Global offshore lubricants market by end-user
  • Global offshore lubricants market by OSV
  • Global offshore lubricants market by offshore rigs
  • Global offshore lubricants market by FPSO
PART 08: Geographical segmentation
  • Global offshore lubricants market by geography
  • Offshore lubricants market in APAC
  • Offshore lubricants market in North America
  • Offshore lubricants market in Europe
  • Offshore lubricants market in ROW
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Growth of bio-based lubricants
  • Bio-refineries: The future of petroleum
  • Increased longevity of offshore mechanical parts
PART 12: Vendor landscape
  • Competitive scenario
  • Key market vendors
  • Other prominent vendors
PART 13: Key vendor analysis
  • BP
  • Chevron
  • ExxonMobil
  • Shell
  • Total
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Main functions of offshore lubricants
Exhibit 02: Production process of petroleum-based lubricants
Exhibit 03: Global offshore lubricants market 2016 and 2021 ($ millions)
Exhibit 04: Market forecast: Global offshore lubricants market 2016-2021 ($ millions)
Exhibit 05: Five forces analysis
Exhibit 06: Global offshore lubricants market by application 2016 (% share of revenue)
Exhibit 07: Global offshore lubricants market by application 2021 (% share of revenue)
Exhibit 08: Global offshore lubricants market for engine oil application 2016 and 2021 ($ millions)
Exhibit 09: Market forecast: Global offshore lubricants market for engine oil application 2016-2021
Exhibit 10: Global offshore lubricants market for gear oil application 2016 and 2021 ($ millions)
Exhibit 11: Market forecast: Global offshore lubricants market for gear oil application 2016-2021
Exhibit 12: Global offshore lubricants market for grease application 2016 and 2021 ($ millions)
Exhibit 13: Market forecast: Global offshore lubricants market for grease application 2016-2021
Exhibit 14: Global offshore lubricants market for other applications 2016 and 2021 ($ millions)
Exhibit 15: Market forecast: Global offshore lubricants market for other applications 2016-2021
Exhibit 16: Global offshore lubricants market by end-user 2016 (% share of revenue)
Exhibit 17: Global offshore lubricants market by end-user 2021 (% share of revenue)
Exhibit 18: Global offshore lubricants market by OSV 2016 and 2021 ($ millions)
Exhibit 19: Market forecast: Global offshore lubricants market by OSV 2016-2021
Exhibit 20: Global offshore lubricants market by offshore rigs 2016 and 2021 ($ millions)
Exhibit 21: Market forecast: Global offshore lubricants market by offshore rigs 2016-2021
Exhibit 22: Global offshore lubricants market by FPSO 2016 and 2021 ($ millions)
Exhibit 23: Market forecast: Global offshore lubricants market by FPSO 2016-2021
Exhibit 24: Global offshore lubricants market by geography 2016 (% share of revenue)
Exhibit 25: Global offshore lubricants market by geography 2021 (% share of revenue)
Exhibit 26: Offshore lubricants market in APAC 2016 and 2021 ($ millions)
Exhibit 27: Market forecast: Offshore lubricants market in APAC 2016-2021 ($ millions)
Exhibit 28: Offshore lubricants market in North America 2016 and 2021 ($ millions)
Exhibit 29: Market forecast: Offshore lubricants market in North America 2016-2021 ($ millions)
Exhibit 30: Offshore lubricants market in Europe 2016 and 2021 ($ millions)
Exhibit 31: Market forecast: Offshore lubricants market in Europe 2016-2021 ($ millions)
Exhibit 32: Offshore lubricants market in ROW 2016 and 2021 ($ millions)
Exhibit 33: Market forecast: Offshore lubricants market in ROW 2016-2021 ($ millions)
Exhibit 34: Gulf of Mexico offshore production of crude oil 2010-2016 (thousand barrels per day)
Exhibit 35: Global offshore production by water depths (million barrels per day)
Exhibit 36: Applications of biomass
Exhibit 37: Key vendors in offshore lubricants market 2016
Exhibit 38: BP: Business segmentation by revenue 2016
Exhibit 39: BP: Geographical segmentation by revenue 2016
Exhibit 40: Chevron: Business segmentation by revenue 2016
Exhibit 41: Chevron: Geographical segmentation by revenue 2016
Exhibit 42: ExxonMobil: Business segmentation by revenue 2016
Exhibit 43: ExxonMobil: Geographical segmentation by revenue 2016
Exhibit 44: Shell: Business segmentation by revenue 2016
Exhibit 45: Shell: Geographical segmentation by revenue 2016
Exhibit 46: Total: Business segmentation by revenue 2016
Exhibit 47: Total: Geographical segmentation by revenue 2016
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • BENJN R. VICKERS & SONS
  • ExxonMobil
  • Idemitsu Kosan
  • LUKOIL
  • PLUSCO
  • Shell
  • MORE
New Report Released: - Global Offshore Lubricants Market 2017-2021

The author of the report recognizes the following companies as the key players in the global offshore lubricants market: BP, Chevron, ExxonMobil, Shell, and Total.

Other Prominent Vendors in the market are: AEGEAN MARINE PETROLEUM NETWORK, FUCHS, GULF OIL, Idemitsu Kosan, JX Nippon Oil & Energy, Klüber Lubrication, LUKOIL, PANOLIN, Petroliam Nasional Berhad, (PETRONAS), PLUSCO, Quepet Lubricants, RS Clare & Co, Sinopec, Unimarine, and BENJN R. VICKERS & SONS.

Commenting on the report, an analyst from the research team said: “One trend in the market is growth of bio-based lubricants. The use of environment-friendly lubricants such as bio-based lubricants helps in reducing VOCs and toxicity of gases. This helps in maintaining the environmental balance. In developed countries, such as Canada, the US, and Germany, bio-based offshore lubricants are preferred, which are environment-friendly.”

According to the report, one driver in the market is increase in offshore exploration and production investments. The increase in demand for energy and the depletion of onshore reserves have made oil and gas companies invest significantly in offshore oil and gas reserves. The growth of drilling activities and the rise in the demand from offshore rigs and FPSO are likely to foster the demand for offshore lubricants. Between 2010 and 2015, the global offshore oil production was at the highest level in 2015 and accounted for around 30% of the global oil production. In 2015, the offshore oil production was recorded at more than 27 million barrels in more than 50 countries.

Further, the report states that one challenge in the market is fluctuation in crude oil prices. Offshore lubricants are mainly manufactured from crude oil by the process of fractioning. Mineral oil-based lubricants accounted for more than 70% share of the global offshore lubricants market. The oil and gas industry is one of the major suppliers of raw materials for the global offshore lubricants market. The fluctuations in the prices of crude oil have severe effects on the prices of the raw materials. Thus, they affect the costs of offshore lubricants as well. In 2016, the price of crude oil per barrel decreased at a rate of nearly 60% as compared to the previous year.

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.
Note: Product cover images may vary from those shown
5 of 5
  • BP
  • Chevron
  • ExxonMobil
  • Shell
  • Total
  • AEGEAN MARINE PETROLEUM NETWORK
  • FUCHS
  • GULF OIL
  • Idemitsu Kosan
  • JX Nippon Oil & Energy
  • Klüber Lubrication
  • LUKOIL
  • PANOLIN
  • Petroliam Nasional Berhad
  • (PETRONAS)
  • PLUSCO
  • Quepet Lubricants
  • RS Clare & Co
  • Sinopec
  • Unimarine
  • BENJN R. VICKERS & SONS
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll