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Global Gear Oil Market 2020-2024Speak directly to the analyst to clarify any post sales queries you may have.
The publisher has been monitoring the global gear oil market and it is poised to grow by USD 1.14 bn during 2020-2024, progressing at a CAGR of 3% during the forecast period. The report on the global gear oil market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by growing demand for fully synthetic gear oil. In addition, growing demand for gear oil from wind turbine applications is anticipated to boost the growth of the global gear oil market as well.
Market Segmentation
Global gear oil market is segmented as below:
End-user:
- Transportation
- Industrial
Geographic Segmentation:
- North America
- APAC
- Europe
- South America
- MEA
Key Trends for the global gear oil market growth
This study identifies growing demand for gear oil from wind turbine applications as the prime reasons driving the global gear oil market growth during the next few years.
Prominent vendors in global gear oil market
The publisher provides a detailed analysis of around 25 vendors operating in the global gear oil market, including some of the vendors such as BP Plc, Chevron Corp., China National Petroleum Corp., China Petroleum & Chemical Corp., Exxon Mobil Corp., FUCHS PETROLUB SE, Idemitsu Kosan Co. Ltd., PJSC LUKOIL, Royal Dutch Shell Plc and TOTAL SA .
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 an analysis of the key vendors.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPE
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DRIVERS AND CHALLENGES
PART 10: MARKET TRENDS
PART 11: VENDOR LANDSCAPE
PART 12:Â VENDOR ANALYSIS
PART 13: APPENDIX
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global gear oil market: BP Plc, Chevron Corp., China National Petroleum Corp., China Petroleum & Chemical Corp., Exxon Mobil Corp., FUCHS PETROLUB SE, Idemitsu Kosan Co. Ltd., PJSC LUKOIL, Royal Dutch Shell Plc and TOTAL SA.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for gear oil from wind turbine applications."
According to the report, one of the major drivers for this market is the growing demand for fully synthetic gear oil.
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.
Companies Mentioned
A selection of companies mentioned in this report includes:
- BP Plc
- Chevron Corp.
- China National Petroleum Corp.
- China Petroleum & Chemical Corp.
- Exxon Mobil Corp.
- FUCHS PETROLUB SE
- Idemitsu Kosan Co. Ltd.
- PJSC LUKOIL
- Royal Dutch Shell Plc
- TOTAL SA