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Biodegradable Lubes Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Pre Book Price: $ 5216

Original Price: $ 5795

Biodegradable lubes or lubricants are solutions or substances which are used to reduce friction between moving surfaces. They also serve the purpose of transporting foreign particles. These lubricants are formulated to degrade when released in the environment and are mostly used in applications as an alternative to other hazardous lubricants posing threat to environment. Different biodegradable lubes such as vegetable oils, water soluble polyglycols, and polyolester are used in the industry in automotive, ships, coastal areas, household and other environmental sensitive applications. 

The market for biodegradable lubes has been gaining significant importance owing to increasing popularity of bio-chemicals as pro-environmental solutions. In addition, various initiatives and legislations by government regulatory bodies for producing biodegradable lubes is expected to aid the growth of the market. Although North America accounted for the largest market share for biodegradable lubes, future growth is expected from emerging regions such as Asia Pacific, Africa and Latin America on account of rapid industrialization and rising car ownership rates.

Factors such as growing importance of environmental friendly lubricants due to growing concerns of synthetic lubricants is expected to escalate the demand for biodegradable lubes market. Other factors such as, growth of the automotive industry are also expected to fuel the demand for biodegradable lubes with the increasing use of bio-based lubricants in engine oils, process oils and hydraulic oils. However, as biodegradable lubricants are more expensive than conventionally used lubricants, the market has been witnessing a moderate growth. Increase in R&D activities for developing new innovative products is expected to provide new opportunities for the growth of the market.

Binol Biolubricants, British Petroleum PLC, Exxon Mobil Corporation, Royal Dutch Shell PLC, Statoil Lubricants, The Lubrizol Corporation, Total S.A., and UBL are some of the key manufacturers for biodegradable lubricants dominating the market. 

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

Reasons for Buying this Report
  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth 
  • It provides a technological growth map over time to understand the industry growth rate
  • It provides a seven-year forecast assessed on the basis of how the market is predicted to grow 
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments 
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments 

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